Lexicon Pharmaceuticals Announces Clinical Data On The Impact Of Sotagliflozin On Stroke And Heart Attack Risk Among Four Lexicon-Sponsored Presentations At The American College Of Cardiology 73rd Annual Scientific Session & Expo
Portfolio Pulse from Benzinga Newsdesk
Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) announced four presentations on sotagliflozin at the American College of Cardiology session, highlighting its efficacy in reducing stroke and heart attack risk among patients with type 2 diabetes, CKD, and high CV risk. The FDA approved sotagliflozin in 2023 for reducing cardiovascular death and hospitalization in adults with heart failure or type 2 diabetes, CKD, and other cardiovascular risk factors.
March 25, 2024 | 1:25 pm
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POSITIVE IMPACT
Lexicon Pharmaceuticals' sotagliflozin shows promise in reducing stroke and heart attack risk, with FDA approval for cardiovascular conditions in adults. This could enhance Lexicon's market position and potentially boost investor confidence.
The positive clinical data on sotagliflozin and its FDA approval for significant cardiovascular conditions suggest a strong potential for market success and investor interest. This news could lead to increased investor confidence in Lexicon Pharmaceuticals, potentially driving up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100