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Lexicon Announces FDA Acceptance of New Drug Application for Sotagliflozin to Treat Heart Failure

Key Takeaway: Lexicon Announces FDA Acceptance of New Drug Application for Sotagliflozin to Treat Heart Failure
Price reaction · baseline $3.13 (2022-07-26 close) · hit after-hours · 2 other LXRX headline(s) in the window, move may be shared
day 0 close · peak
+4.5%

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+111%
120-day peak, hindsight
Typical move
11%
average across 13 past catalysts
Cash runway
~61 mo
Minimal dilution risk
Lead asset
Sotagliflozin
Phase 3 · Type 1 Diabetes Mellitus

Full Press Release Details

Lexicon Announces FDA Acceptance of New Drug Application for Sotagliflozin to Treat Heart Failure.
Last updated: Jul 27, 2022