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Lexicon Pharmaceuticals Q2 Earnings Call Highlights
['Latisha Jones']
Daily Political
Get alerts:Total revenue for the quarter ended June 30 was $0.7 million, compared with $28.9 million a year earlier.
Chief Executive Officer Mike Exton said Lexicon completed enrollment in SONATA-HCM, a Phase III study evaluating sotagliflozin in patients with hypertrophic cardiomyopathy, or HCM.
Lexicon expects to report top-line results from the trial in the first quarter of 2027.
Lexicon may access an additional $20 million subject to clinical, regulatory and financial milestones, while a further $25 million tranche would require Hercules’ consent and meet specified timing requirements.
About Lexicon Pharmaceuticals (NASDAQ:LXRX)Lexicon Pharmaceuticals, Inc is a biopharmaceutical company focused on the discovery and development of novel medicines through its proprietary genome biology platform.