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Lexicon Pharmaceuticals (LXRX) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-08-02 06:15
Lexicon Pharmaceuticals (LXRX) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.56%. A quarter ago, it was expected that this drugmaker would post a loss of $0.18 per share when it actually produced a loss of $0.20, delivering a surprise of -11.11%.Over the last four quarters, the company ha ...
Lexicon Pharmaceuticals(LXRX) - 2024 Q2 - Quarterly Results
2024-08-02 04:05
财务数据 - 第二季度INPEFA(sotagliflozin)净销售额为160万美元[1] - 公司2024年第二季度总收入为1,647,000美元,同比增长419%[35] - 2024年上半年总收入为2,777,000美元,同比增长715%[35] - 2024年6月30日现金及投资总额为309,964,000美元[38] - 2024年6月30日总资产为373,356,000美元[38] - 2024年6月30日累计亏损为1,868,665,000美元[38] - 2024年6月30日总股东权益为239,980,000美元[38] 研发进展 - 重新提交ZYNQUISTA(sotagliflozin)用于1型糖尿病的新药申请,准备进行上市[2,9] - 开始SONATA III期临床试验,研究sotagliflozin用于肥厚型心肌病[2,10] - 预计2025年第二季度从PROGRESS II期临床试验获得LX9211用于糖尿病周围神经病变性疼痛的临床数据[3,11] - 选择ACSL5抑制剂LX9851作为新的用于肥胖和体重管理的候选药物,开始IND使能研究[12] 费用情况 - 第二季度研发费用增加至1760万美元,主要由于外部临床研究费用、薪资和福利增加[15] - 第二季度销售及一般管理费用增加至3920万美元,主要由于INPEFA商业化投入增加,包括销售团队和相关营销费用[16] - 2024年第二季度研发费用为17,643,000美元,同比增加21%[35] - 2024年上半年研发费用为32,015,000美元,同比增加21%[35] - 2024年第二季度销售、一般及管理费用为39,192,000美元,同比增加31%[35] - 2024年上半年销售、一般及管理费用为71,252,000美元,同比增加45%[35]
Lexicon Pharmaceuticals to Host Second Quarter 2024 Financial Results Conference Call and Webcast on August 1, 2024
GlobeNewswire News Room· 2024-07-25 20:00
文章核心观点 - 公司将于2024年8月1日发布2024年第二季度财务业绩 [1] - 公司将于当天举行电话会议和网络直播,讨论财务业绩和业务更新 [1] - 公司是一家生物制药公司,致力于开发创新药物,目前已商业化一款药物INPEFA,并有多个管线在研 [5] 公司概况 - 公司成立于2024年,专注于通过基因组研究发现和开发创新药物 [5] - 公司已研究了近5,000个基因,发现了100多个具有重大治疗潜力的蛋白质靶点 [5] - 公司正在开发用于治疗神经病理性疼痛、糖尿病和代谢等适应症的药物管线 [5] 财务信息 - 公司将于2024年8月1日发布2024年第二季度财务业绩 [1] - 公司将于当天举行电话会议和网络直播,讨论财务业绩和业务更新 [1] 联系方式 - 投资者咨询:Lisa DeFrancesco, lexinvest@lexpharma.com [7] - 媒体咨询:Alina Cocuzza, acocuzza@lexpharma.com [8]
FDA Accepts Lexicon's (LXRX) NDA for Type I Diabetes Drug
ZACKS· 2024-07-18 00:17
Shares of Lexicon Pharmaceuticals (LXRX) rose more than 5% on Tuesday after the company announced that the FDA accepted its resubmitted new drug application (NDA) seeking approval for sotagliflozin as an adjunct to insulin therapy for glycemic control in adults with type 1 diabetes (T1D) and chronic kidney disease (CKD).A final decision is expected by Dec 20, 2024. If approved, the product will be marketed under the brand name Zynquista with a commercial launch expected in early next year.Lexicon had initia ...
Lexicon Pharmaceuticals Receives December 20, 2024 PDUFA Goal Date for Sotagliflozin Type 1 Diabetes NDA Resubmission
Newsfilter· 2024-07-16 20:00
Launch Preparations Actively Underway; Launch Planned for Early 2025 Lexicon Seeks Approval for Zynquista™ (sotagliflozin) as an Adjunct to Insulin Therapy for Glycemic Control in Adults with Type 1 Diabetes and Chronic Kidney Disease THE WOODLANDS, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX), today announced that the U.S. Food and Drug Administration (FDA) has acknowledged the resubmission of its New Drug Application (NDA) for Zynquista™ (sotagliflozin) as an adjunc ...
Lexicon Board of Directors Appoints Mike Exton, Ph.D. as New Chief Executive Officer and Director
GlobeNewswire News Room· 2024-07-08 21:15
THE WOODLANDS, Texas, July 08, 2024 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced that the Lexicon Board of Directors has appointed Mike Exton, Ph.D. as chief executive officer and director of Lexicon. Dr. Exton succeeds Lonnel Coats who, as previously announced, retired effective July 7, 2024. Dr. Exton most recently served as the global cardiometabolic therapeutic head at Novartis. “I am confident that Mike is the right person to serve as Lexicon’s next chief executive o ...
Lexicon Board of Directors Appoints Mike Exton, Ph.D. as New Chief Executive Officer and Director
Newsfilter· 2024-07-08 21:15
THE WOODLANDS, Texas, July 08, 2024 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced that the Lexicon Board of Directors has appointed Mike Exton, Ph.D. as chief executive officer and director of Lexicon. Dr. Exton succeeds Lonnel Coats who, as previously announced, retired effective July 7, 2024. Dr. Exton most recently served as the global cardiometabolic therapeutic head at Novartis. “I am confident that Mike is the right person to serve as Lexicon’s next chief executive o ...
Lexicon Pharmaceuticals Resubmits Sotagliflozin NDA for Type 1 Diabetes
Newsfilter· 2024-06-21 20:00
Lexicon Seeks Approval for Sotagliflozin as an Adjunct to Insulin Therapy for Glycemic Control in People with Type 1 Diabetes and Chronic Kidney Disease Company Anticipates Six Month Review and Potential Launch in Early 2025 THE WOODLANDS, Texas, June 21, 2024 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX), today announced that, following multiple interactions with and recent feedback from the U.S. Food and Drug Administration (FDA), it has resubmitted its New Drug Application (NDA) for so ...
Lexicon Pharmaceuticals Resubmits Sotagliflozin NDA for Type 1 Diabetes
GlobeNewswire News Room· 2024-06-21 20:00
Lexicon Seeks Approval for Sotagliflozin as an Adjunct to Insulin Therapy for Glycemic Control in People with Type 1 Diabetes and Chronic Kidney Disease Company Anticipates Six Month Review and Potential Launch in Early 2025 THE WOODLANDS, Texas, June 21, 2024 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX), today announced that, following multiple interactions with and recent feedback from the U.S. Food and Drug Administration (FDA), it has resubmitted its New Drug Application (NDA) for so ...
Data From Lexicon's RELIEF-DPN 1 Phase 2 Study of LX9211 Published Today in Diabetes Care, a Peer-Reviewed Journal of the American Diabetes Association
Newsfilter· 2024-06-19 20:00
Clinical trial of LX9211, an investigational non-opioid investigational therapy, demonstrated clinically significant benefits for people with diabetic peripheral neuropathic pain (DPNP) Investigators conclude that clinical outcomes of RELIEF-DPN 1 support commencement of Lexicon's dose-ranging Phase 2b PROGRESS trial, currently enrolling patients THE WOODLANDS, Texas, June 19, 2024 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) today announced that Diabetes Care, the peer-reviewed journal o ...