Lexicon Announces FDA Approval Of INPEFA For Treatment Of Heart Failure
Portfolio Pulse from Happy Mohamed
Lexicon Pharmaceuticals has received FDA approval for INPEFA, a once-daily oral tablet for the treatment of heart failure. The drug reduces the risk of cardiovascular death, hospitalization for heart failure, and urgent heart failure visits by 33% compared to placebo. Lexicon expects INPEFA to be commercially available in the US market by the end of June 2023.
May 26, 2023 | 8:07 pm
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Lexicon Pharmaceuticals' INPEFA receives FDA approval for heart failure treatment, with a 33% reduction in risk of cardiovascular death and hospitalization. The drug is expected to be available in the US by June 2023.
The FDA approval of INPEFA is a significant milestone for Lexicon Pharmaceuticals, as it allows the company to bring a new treatment option to the market for heart failure patients. The drug's demonstrated effectiveness in reducing the risk of cardiovascular death and hospitalization by 33% compared to placebo is likely to drive demand and boost Lexicon's revenues. The expected commercial availability of INPEFA in the US by June 2023 will further contribute to the company's growth and potentially have a positive impact on its stock price in the short term.
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