Name | Value |
---|---|
Revenues | 1.1M |
Cost of Revenue | 0.2M |
Gross Profit | 1.0M |
Operating Expense | 46.3M |
Operating I/L | -45.3M |
Other Income/Expense | -3.1M |
Interest Income | 1.9M |
Pretax | -48.4M |
Income Tax Expense | 0.1M |
Net Income/Loss | -48.4M |
Lexicon Pharmaceuticals, Inc. is a biopharmaceutical company specializing in the discovery, development, and commercialization of orally-delivered small molecule drug candidates. Its lead products include Sotagliflozin, which has completed Phase III clinical trials for the treatment of heart failure and type 1 diabetes, and LX9211, currently in Phase II clinical development for neuropathic pain treatment. The company generates revenue through strategic collaboration and license agreements with industry leaders such as Bristol-Myers Squibb Company and Genentech, Inc., leveraging its innovative drug pipeline to address unmet medical needs and drive commercial success.