Texan biotech firm Lexicon Pharmaceuticals (Nasdaq: LXRX) says it has exercised its option under its collaboration and license agreement with French pharma major Sanofi (Euronext: SAN) to co-promote sotagliflozin, an investigational oral dual inhibitor of sodium-glucose cotransporters 1 and 2 (SGLT-1 and SGLT-2), for the treatment of type 1 diabetes in the USA.
The opt-in decision was based on positive data from three Phase III studies, inTandem1, inTandem2, and inTandem3 and is aligned to a planned regulatory filing with the US Food and Drug Administration.
Sanofi intends to file applications in the first half of 2018 for the European Union and US regulatory reviews of sotagliflozin for the treatment of type 1 diabetes, pending the full read out of Phase III data.
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