LEXICON PHARMACEUTICALS, INC. (LXRX)
NASDAQ · Pharmaceuticals & Biotech · Pharmaceutical Preparations
- Price
- $1.86
- Day
- -9.71%
- Market cap
- $827.62M
Close 2026-09-24.
The company
Overview We are a biopharmaceutical company with a mission of pioneering medicines that transform patients’ lives. We are devoting most of our resources to the research and development of our most advanced drug candidates and the commercialization of our approved drug, INPEFA ® (sotagliflozin): • We are developing sotagliflozin, an orally-delivered small molecule drug candidate, as a treatment for hypertrophic cardiomyopathy, or HCM, and are conducting the SONATA-HCM pivotal Phase 3 clinical trial of sotagliflozin in that indication. • We are separately pursuing regulatory approval of ZYNQUISTA ® (sotagliflozin) as a treatment for type 1 diabetes. The U.S. Food and Drug Administration, or FDA, issued complete response letters regarding our New Drug Application, or NDA, for ZYNQUISTA in type 1 diabetes in March 2019 and December 2024. At our request, the FDA has issued a public Notice of Opportunity for Hearing, or NOOH, on whether there are grounds for denying approval of our NDA and those proceedings are ongoing. The FDA has separately provided feedback that a third-party-funded, investigator-initiated study of sotagliflozin appears to be of adequate design and employs sufficient data collection methods to provide viable evidence of the incidence of diabetic ketoacidosis, or DKA, with adequate safety data, prior to its completion, to support review of a resubmission of the NDA. We are preparing to potentially resubmit the NDA for ZYNQUISTA in type 1 diabetes if supported by patient exposure and safety data from such study.
From Item 1: Overview.
By product & service
- License — 90%
- Product — 9%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- Artal Group S.A. — $420.37M
- Siren, L.L.C. — $106.33M
- FMR LLC — $65.06M
- FMR LLC — $59.22M
- Sessa Capital IM, L.P. — $45.51M
- VANGUARD CAPITAL MANAGEMENT LLC — $23.76M
- BlackRock, Inc. — $22.65M
- Point72 Asset Management, L.P. — $19.8M
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- DEBBANE RAYMOND (Director) bought 2,000 shares at $1.49 on 2026-02-25
- DEBBANE RAYMOND (Director) bought 100,000 shares at $1.47 on 2026-02-23
- DEBBANE RAYMOND (Director) bought 100,000 shares at $1.48 on 2026-02-20
- DEBBANE RAYMOND (Director) bought 50,000 shares at $1.44 on 2026-02-19
- DEBBANE RAYMOND (Director) bought 133,688 shares at $1.32 on 2026-02-18
- DEBBANE RAYMOND (Director) bought 76,857 shares at $1.31 on 2026-02-17
Recent filings
- EFFECT — 2026-08-14
- SCHEDULE 13G/A — 2026-08-06
- S-3 — 2026-08-06
- S-8 — 2026-08-06
- 10-Q — 2026-08-06
- 8-K — 2026-08-06
- 4 — 2026-06-04
- 4 — 2026-06-04
- 4 — 2026-06-04
- 4 — 2026-06-04