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Lexicon Pharmaceuticals to Host First Quarter 2021 Financial Results Conference Call and Webcast on May 6, 2021

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Lexicon Pharmaceuticals (Nasdaq: LXRX) announced it will release its Q1 2021 financial results on May 6, 2021, after market close. A conference call at 5:00 p.m. ET will follow, offering insights into financials and business updates. Lexicon's Genome5000™ program has identified over 100 protein targets for therapeutic development across various diseases, including neuropathic pain and heart failure. The company emphasizes its commitment to pioneering innovative medicines while also addressing potential risks and uncertainties in clinical development and regulatory approvals.

Positive
  • Lexicon's Genome5000™ program identified over 100 therapeutic protein targets.
  • The company has advanced one medicine to market and maintains a promising drug pipeline.
Negative
  • Forward-looking statements indicate uncertainty in meeting capital requirements and regulatory approvals.

THE WOODLANDS, Texas, April 29, 2021 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX), will release its first quarter 2021 financial results on Thursday, May 6, 2021 after the markets close. Management will conduct a conference call and live webcast at 5:00 p.m. ET (4:00 p.m. CT) that day to discuss the financial results and to provide a business update.

Dial-in Information
U.S. Dial-in Number: (888) 645-5785
International Dial-in Number:   (970) 300-1531
Conference ID: 8892167

Replay Information
U.S. Dial-in Number: (855) 859-2056
Replay International Dial-in Number: (404) 537-3406
Conference ID: 8892167

The dial-in replay will be available for 14 days following the call. An audio webcast will be available online at www.lexpharma.com/events, with a webcast replay accessible for 14 days after the call.

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

When will Lexicon Pharmaceuticals release its Q1 2021 financial results?

Lexicon Pharmaceuticals will release its Q1 2021 financial results on May 6, 2021, after market close.

What is the purpose of Lexicon's conference call on May 6, 2021?

The conference call will discuss the financial results and provide a business update.

What are the key focuses of Lexicon Pharmaceuticals' drug development?

Lexicon focuses on developing therapies for neuropathic pain, heart failure, diabetes, and metabolism.

What is the significance of the Genome5000™ program for Lexicon?

The Genome5000™ program has identified over 100 protein targets with therapeutic potential.

What risks does Lexicon Pharmaceuticals face regarding its development pipeline?

Risks include uncertainties in clinical development, capital requirements, and obtaining necessary regulatory approvals.

Lexicon Pharmaceuticals, Inc.

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THE WOODLANDS