Good readout boosts Lexicon

12 June 2017

Texan biotech Lexicon Pharmaceuticals (Nasdaq: LXRX) has announced positive top-line results from its Phase III study of type 1 diabetes candidate sotagliflozin.

The drug is an investigational dual SGLT1 and SGLT2 inhibitor, for the treatment of patients on any background insulin therapy.

The company entered into a collaboration and license agreement with French pharmaceutical firm Sanofi (Euronext: SAN) to develop and market the diabetes treatment in 2015.

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