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Lexicon Announces Virtual Webcast on LX9211 for Diabetic Peripheral Neuropathic Pain

1. Lexicon Pharmaceuticals will host a webcast on LX9211 for neuropathic pain. 2. Expert panel to discuss diabetic peripheral neuropathic pain insights. 3. Topline data from Phase 2b trial expected this quarter.

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FAQ

Why Bullish?

Positive developments in drug pipeline can boost investor sentiment, similar to prior drug announcements that led to price increases.

How important is it?

The webcast and upcoming trial data are crucial for LXRX's market positioning and investor interest.

Why Short Term?

Immediate interest expected from the upcoming webcast and trial data, reminiscent of past events driving short-term spikes.

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Event will feature insights on LX9211, Lexicon’s novel, investigational, non-opioid treatment, as well as expert panel and Q&A session on DPNP January 21, 2025 08:00 ET  | Source: Lexicon Pharmaceuticals, Inc. THE WOODLANDS, Texas, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced that the company will host a virtual webcast: “LX9211 - Changing the Paradigm for Treatment of Neuropathic Pain.” The event will be held from 9:00 a.m. to 11:00 a.m. ET on January 28, 2025. In advance of topline data from the Phase 2b PROGRESS trial anticipated later this quarter, the event will offer an in-depth overview on LX9211 for the treatment of diabetic peripheral neuropathic pain (DPNP), featuring remarks from Lexicon leaders including: Mike Exton, PhD, Chief Executive Officer and DirectorSuma Gopinathan, PhD, Vice President, Clinical DevelopmentCraig Granowitz, MD, PhD, Senior Vice President and Chief Medical Officer In addition to presentations by the Lexicon leadership team, the event will include an expert panel and Q&A session on DPNP featuring: Rodica Pop-Busui MD, PhD, Jordan Schnitzer Chair in Diabetes | Professor of Medicine and Division Head, Endocrinology, Diabetes and Clinical Nutrition Director, Harold Schnitzer Diabetes Center, Oregon Health & Science University | 2023 President for Medicine and Science, American Diabetes AssociationSteve Edelman, MD, Professor of Medicine, the Division of Endocrinology, Diabetes & Metabolism at University of California San Diego | Veterans Affairs Medical Center | Founder and Director Taking Control Of Your Diabetes (TCOYD) Register for the event here. The webcast will be available in the “Events” section of the Lexicon website at https://investors.lexpharma.com/news-events/events and a recording of the webcast will be available following the original on-demand date. About Lexicon Pharmaceuticals Lexicon is a biopharmaceutical company with a mission of pioneering medicines that transform patients’ lives. Through the Genome5000™ program, Lexicon’s unique genomics target discovery platform, Lexicon scientists studied the role and function of nearly 5,000 genes and identified more than 100 protein targets with significant therapeutic potential in a range of diseases. Through the precise targeting of these proteins, Lexicon is pioneering the discovery and development of innovative medicines to treat disease safely and effectively. Lexicon has a pipeline of promising drug candidates in discovery and clinical and preclinical development in cardiology, neuropathic pain, metabolism and other indications. For additional information, please visit www.lexpharma.com. For Investor and Media Inquiries:Lisa DeFrancesco Lexicon Pharmaceuticals, Inc.lexinvest@lexpharma.com

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