Lexicon Pharmaceuticals is a biopharmaceutical company that discovers and develops precise medicines for human disease.
Lexicon Pharmaceuticals, Inc. (formerly Lexicon Genetic) a biopharmaceutical company, focuses on the discovery and development of pharmaceutical products for the treatment of human disease, including immunology, metabolism, cardiology, and ophthalmology. The company's drug candidates include LX1031, which has completed Phase II clinical trials for the treatment of irritable bowel syndrome and other gastrointestinal disorders; LX4211 that has completed Phase II clinical trials to treat type 2 diabetes; LX2931, which is in Phase II clinical trials for the treatment of rheumatoid arthritis and other autoimmune diseases; and LX1032 that has completed Phase II clinical trials to treat the symptoms associated with carcinoid syndrome. It also has a preclinical development drug candidate, LX7101, for the treatment of glaucoma. The company has drug discovery alliances with Bristol-Myers Squibb Company; Genentech, Inc.; N.V. Organon; and Takeda Pharmaceutical Company Limited. It also has drug development financing collaboration with Symphony Icon; collaboration agreement with Taconic Farms, Inc.; and an alliance with Nuevolution A/S, which provides access to Nuevolution's Chemetics platform chemistry technology.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
May 11, 2006 | Grant | $2M | 2 | — | — | Detail |
Jan 1, 1999 | Post-IPO Equity | $31.80M | 3 | Punk, Ziegel & Company | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Punk, Ziegel & Company | Yes | Post-IPO Equity |
USAMRMC | — | Grant |
U.S. Army Medical Research & Development Command | — | Grant |
Sofinov Societe Financiere D'Innovation | — | Post-IPO Equity |
Patricof & Co. Ventures | — | Post-IPO Equity |