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Dec 31, 2022

Lexicon Pharmaceuticals Q4 2022 Earnings Report

Reported financial results for Q4 2022 and provided a business update.

Key Takeaways

Lexicon Pharmaceuticals reported a net loss of $30.5 million for the fourth quarter of 2022, compared to a net loss of $25.6 million for the same period in 2021. As of December 31, 2022, Lexicon had $138.4 million in cash and investments.

NDA for Sotagliflozin on track for May 2023 PDUFA date.

LX9211 demonstrates consistent results in full data from RELIEF-DPN-1 in Diabetic Peripheral Neuropathic Pain.

Top-Line Data from RELIEF-PHN-1 in Post-Herpetic Neuralgia.

Lexicon management to hold conference call and webcast at 5:00 pm Eastern Time.

Total Revenue
$28K
Previous year: $14K
+100.0%
EPS
-$0.16
Previous year: -$0.17
-5.9%
Research and development expenses
$14M
Previous year: $16.5M
-15.3%
Selling, general and admin expenses
$16.3M
Previous year: $8.85M
+84.6%
Gross Profit
-$75K
Previous year: -$16.5M
-99.5%
Cash and Equivalents
$138M
Previous year: $64.1M
+116.0%
Free Cash Flow
-$22.8M
Previous year: -$22.9M
-0.2%
Total Assets
$194M
Previous year: $137M
+41.9%

Lexicon Pharmaceuticals

Lexicon Pharmaceuticals

Lexicon Pharmaceuticals Revenue by Segment