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Lexicon Pharmaceuticals Announces Two Presentations at the American College of Cardiology’s 70th Annual Scientific Session

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Lexicon Pharmaceuticals (Nasdaq: LXRX) announced two virtual presentations on sotagliflozin at the American College of Cardiology’s 70th Annual Scientific Session from May 15-17, 2021.

The first presentation, on May 16, will discuss the SOLOIST-WHF trial findings, highlighting how sotagliflozin reduces hospitalizations and increases patient days outside the hospital. The second presentation, on May 17, will focus on the benefits of sotagliflozin across various heart failure conditions.

Positive
  • Presentation of positive clinical trial data for sotagliflozin at a major conference.
  • Sotagliflozin's approval in the EU for type 1 diabetes, addressing a significant market need.
Negative
  • Sotagliflozin has not yet been commercially launched despite EU approval, impacting revenue potential.

THE WOODLANDS, Texas, May 13, 2021 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX), announced today there will be two virtual presentations highlighting sotagliflozin during the American College of Cardiology’s 70th Annual Scientific Session (ACC.21) being held May 15, 2021 through May 17, 2021:

  • Sunday, May 16, 2021, 10:45 am ET; Session 902: “Highlighted Original Research: Heart Failure and Cardiomyopathies and the Year in Review”
    • “Sotagliflozin Reduces Total Hospitalizations and Increases Days Alive and Out of Hospital in the SOLOIST-WHF Trial” (10:57 am-11:07 am ET). Presented by Michael Szarek, Ph.D.
  • Monday, May 17, 2021, 8:00 am ET; Session 410: “Late-Breaking Clinical Trials IV”
    • “Benefits of Sodium Glucose Co-transporter-1/2 Inhibition with Sotagliflozin Across the Full Spectrum of Ejection Fraction, Including Heart Failure with Preserved Ejection Fraction” (8:00 am-8:10 am ET). Presented by Deepak Bhatt, M.D., M.P.H.

About Sotagliflozin

Discovered using Lexicon’s unique approach to gene science, sotagliflozin is an oral dual inhibitor of two proteins responsible for glucose regulation known as sodium-glucose co-transporter types 1 and 2 (SGLT1 and SGLT2). SGLT1 is responsible for glucose absorption in the gastrointestinal tract, and SGLT2 is responsible for glucose reabsorption by the kidney. Sotagliflozin is approved in the European Union (EU) for use as an adjunct to insulin therapy to improve blood sugar (glycemic) control in adults with type 1 diabetes with a body mass index ≥ 27 kg/m2, who could not achieve adequate glycemic control despite optimal insulin therapy, but has not yet been commercially launched.

About Lexicon Pharmaceuticals

Lexicon is a biopharmaceutical company with a mission of pioneering medicines that transform patients’ lives. Through its Genome5000™ program, 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 safely and effectively treat disease. Lexicon advanced one of these medicines to market and has a pipeline of promising drug candidates in discovery and clinical and preclinical development in neuropathic pain, heart failure, diabetes and metabolism and other indications. For additional information, please visit www.lexpharma.com.

Safe Harbor Statement

This press release contains “forward-looking statements,” including statements relating to Lexicon’s financial position and long-term outlook on its business, including the clinical development of, regulatory filings for, and potential therapeutic and commercial potential of LX9211, sotagliflozin and its other potential drug candidates. In addition, this press release also contains forward looking statements relating to Lexicon’s growth and future operating results, discovery and development of products, strategic alliances and intellectual property, as well as other matters that are not historical facts or information. All forward-looking statements are based on management’s current assumptions and expectations and involve risks, uncertainties and other important factors, specifically including Lexicon’s ability to meet its capital requirements, successfully conduct preclinical and clinical development and obtain necessary regulatory approvals of LX9211, sotagliflozin and its other potential drug candidates on its anticipated timelines, achieve its operational objectives, obtain patent protection for its discoveries and establish strategic alliances, as well as additional factors relating to manufacturing, intellectual property rights, and the therapeutic or commercial value of its drug candidates. Any of these risks, uncertainties and other factors may cause Lexicon’s actual results to be materially different from any future results expressed or implied by such forward-looking statements. Information identifying such important factors is contained under “Risk Factors” in Lexicon’s annual report on Form 10-K for the year ended December 31, 2020, as filed with the Securities and Exchange Commission. Lexicon undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For Inquiries:

Chas Schultz
Executive Director, Corporate Communications and Investor Relations
Lexicon Pharmaceuticals
(281) 863-3421
cschultz@lexpharma.com

 


FAQ

What are the details of Lexicon Pharmaceuticals' presentations at ACC.21?

Lexicon will present on sotagliflozin at ACC.21 on May 16 and 17, discussing its trial results relating to heart failure.

What is sotagliflozin and its significance for Lexicon Pharmaceuticals?

Sotagliflozin is a dual inhibitor for glucose regulation, approved in the EU for type 1 diabetes but not yet launched commercially.

What were the findings from the SOLOIST-WHF trial regarding sotagliflozin?

The SOLOIST-WHF trial indicated that sotagliflozin reduces hospitalizations and increases the number of days patients are out of the hospital.

Is sotagliflozin available in the market?

No, despite being approved in the EU, sotagliflozin has not yet been commercially launched.

What opportunities does Lexicon Pharmaceuticals see in sotagliflozin?

Lexicon sees significant potential in sotagliflozin for treating heart failure and addressing unmet needs in diabetes management.

Lexicon Pharmaceuticals, Inc.

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