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-0.00202839756592306 0 -0.00202839756592306 -0.00405679513184594 -0.00202839756592306 -0.00405679513184594 0.00608519269776863 0.00608519269776863
Stock impact report

Lexicon (LXRX) Dips on Post Hoc Analysis Data on Sotagliflozin [Yahoo! Finance]

Lexicon Pharmaceuticals, Inc. (LXRX) 
Last lexicon pharmaceuticals, inc. earnings: 4/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: lexpharma.com/investors
Company Research Source: Yahoo! Finance
Data from the new post hoc analysis showed that treatment with sotagliflozin improved glycemic control in the given patient population, while also successfully lowering A1C (blood sugar levels), body weight and systolic blood pressure. Per the press release, in a subgroup of patients with type 1 diabetes and CKD, treatment with sotagliflozin led to similar reductions in A1C, body weight and systolic blood pressure in the CKD and total cohorts, relative to placebo. Treatment with sotagliflozin was also associated with the same risks of severe hypoglycemia between the two cohorts. This might have hurt investors' sentiments and resulted in the stock to go down 10.3% on Mar 12, following the announcement of the news. The company is currently preparing to resubmit the new drug application seeking approval for sotagliflozin as an adjunct to insulin therapy in people with type 1 diabetes and CKD. Shares of Lexicon have rallied 9.1% in the past year against the industry's decline of Show less Read more
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