Name | Value |
---|---|
Revenues | 1.8M |
Cost of Revenue | 0.1M |
Gross Profit | 1.7M |
Operating Expense | 65.4M |
Operating I/L | -63.7M |
Other Income/Expense | -1.1M |
Interest Income | 3.4M |
Pretax | -64.8M |
Income Tax Expense | 0.0M |
Net Income/Loss | -64.8M |
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.