Lexicon Pharmaceuticals, Inc. (LXRX)
Lexicon Pharmaceuticals, Inc. is a biotechnology company focused on the discovery and development of new drugs, particularly in the areas of metabolic, autoimmune, and other serious diseases. Founded in 1995 and headquartered in The Woodlands, Texas, the company utilizes its proprietary gene knockout technology to identify potential drug targets and develop innovative therapies.
Company News
Lexicon Pharmaceuticals will present patient survey data on diabetic peripheral neuropathic pain (DPNP) at the American Society of Pain and Neuroscience meeting, highlighting their investigational non-opioid treatment pilavapadin.
U.S. stock futures fell on Monday after three consecutive days of decline. Goldman Sachs has increased its U.S. recession probability from 20% to 35% and warned that the risk of further market correction is still looming.
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