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Lexicon Announces FDA Approval of INPEFA™ (sotagliflozin) for Treatment of Heart Failure

Key Takeaway: Lexicon Announces FDA Approval of INPEFA™ (sotagliflozin) for Treatment of Heart Failure
Price reaction · baseline $2.9 (2023-05-25 close) · hit after-hours · 3 other LXRX headline(s) in the window, move may be shared
day 0 close · peak
+9.7%
day 1
0%
day 3
-6.6%

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 Approval of INPEFA™ (sotagliflozin) for Treatment of Heart Failure.
Last updated: May 26, 2023