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Lexicon Pharmaceuticals (LXRX) Earnings Call Presentation
2025-07-04 11:20
Pipeline Development - Pilavapadin (LX9211) Phase 2b PROGRESS study identified the 10 mg dose as the most clinically meaningful for DPNP[13], with post-hoc analysis showing statistically significant pain reduction compared to placebo (p = 0.04) in combined 10 mg dosing arms[16] - The PROGRESS study enrolled 496 patients[12], and the 10 mg dose had a completion rate of 87.8%[18], similar to the placebo group's 87.9%[18] - LX9851 IND-enabling studies are underway for obesity and related metabolic disorders[6], showing potential for weight loss maintenance after semaglutide discontinuation in preclinical studies[34] - SONATA-HCM Phase 3 trial is enrolling globally to evaluate sotagliflozin in both obstructive and non-obstructive HCM patients[21, 29] Sotagliflozin & INPEFA - Sotagliflozin has shown a 0.77 hazard ratio (95% CI 0.65-0.91, p=0.0020) for reduced major adverse cardiovascular events (MACE) in patients with T2D, CKD, and high CV risk[23] - Approximately 1.1 million people in the U.S. have HCM[26, 27], presenting a significant market opportunity for sotagliflozin[26] - Viatris is undertaking ex-US, ex-EU registration and regional development of sotagliflozin[21] Market Opportunity & Partnerships - Approximately 9 million U.S. patients have progressive DPNP[20], with 60% experiencing moderate-to-severe pain and low satisfaction with current treatments[20] - Lexicon entered an exclusive licensing agreement with Novo Nordisk for LX9851, receiving $75 million in upfront and near-term milestones, with potential for up to $1 billion in aggregate payments[40] - Lexicon entered an exclusive licensing agreement with Viatris for sotagliflozin outside the U.S. and Europe, receiving $25 million upfront, with potential for almost $200 million in milestone payments[40]
Lexicon to Present Data at the 85th Scientific Sessions of the American Diabetes Association (ADA)
Globenewswire· 2025-06-18 12:30
Core Insights - Lexicon Pharmaceuticals is set to present data on sotagliflozin's ability to reduce hypoglycemic events in type 1 diabetes patients at the 85th Scientific Sessions of the American Diabetes Association on June 22, 2025 [1][3] - The company will also present topline data from the PROGRESS Phase 2b study on pilavapadin (LX9211) for diabetic peripheral neuropathic pain during the same event [1][3] Sotagliflozin Presentation - The presentation titled "Sotagliflozin Added to Insulin Reduces the Risk of Clinically Important Hypoglycemic Events in Adults with Type 1 Diabetes Regardless of Kidney Function" will take place on June 22, 2025, from 4:00-4:15 p.m. CT [3] - Clinical efficacy data for sotagliflozin will be segmented by kidney function subgroups based on Estimated Glomerular Filtration Rate (eGFR) [2] PROGRESS Study Overview - The PROGRESS study began in December 2023, enrolling 496 adult patients with diabetes and moderate to severe diabetic peripheral neuropathic pain [6] - The study is placebo-controlled, focusing on changes in pain levels over an 8-week period with various dosages of pilavapadin [6][7] About Sotagliflozin - Sotagliflozin is an oral inhibitor targeting SGLT2 and SGLT1 proteins, which are involved in glucose regulation [5] - The drug has been studied in approximately 20,000 patients across various conditions, including heart failure and chronic kidney disease [5] About Diabetic Peripheral Neuropathic Pain (DPNP) - DPNP is a chronic complication of diabetes affecting around 9 million patients in the U.S., causing symptoms like burning pain and numbness [8]
Lexicon Pharmaceuticals Announces Topline Results from Phase 2b PROGRESS Study Evaluating Pilavapadin (LX9211) in Adults with Diabetic Peripheral Neuropathic Pain
Globenewswire· 2025-03-03 12:00
Core Insights - Lexicon Pharmaceuticals announced positive topline results from the PROGRESS Phase 2b study of pilavapadin, an investigational AAK1 inhibitor for diabetic peripheral neuropathic pain (DPNP), achieving meaningful pain reduction compared to placebo and demonstrating good tolerability at the 10 mg dose [1][5][6] Study Results - The PROGRESS study met its objectives, identifying the 10 mg dose as effective for pain reduction and tolerability, advancing it into Phase 3 development [2][5] - In the PROGRESS study, the 10 mg, 20 mg/10 mg, and 20 mg dose arms achieved reductions in average daily pain scores of 1.74, 1.70, and 1.38, respectively, compared to a reduction of 1.31 in the placebo arm [3] - The 10 mg dose arm showed significant separation from placebo in pain reduction, while the 20 mg dose did not reach statistical significance [3] Adverse Events - Adverse events were more frequent in pilavapadin treatment arms but were milder compared to the RELIEF-DPN-1 study, with dizziness and nausea being the most common [4][6] - The 10 mg dose was generally well-tolerated, while the 20 mg dose had a higher incidence of adverse events leading to patient discontinuations [4] Market Potential - The neuropathic pain market represents a multibillion-dollar opportunity, and pilavapadin could become the first oral non-opioid treatment approved for neuropathic pain in 20 years [6][12] - The results from the PROGRESS study have generated significant interest from potential partners, and the company plans to accelerate discussions while preparing for Phase 3 development [6] Study Background - The PROGRESS study enrolled 496 adult patients with moderate to severe DPNP and was designed to evaluate the efficacy of pilavapadin against placebo [9] - The study's primary endpoint was the change in average daily pain score from baseline to Week 8 [9] Future Plans - A full analysis of the PROGRESS study results will be presented at a medical conference and submitted for publication in a peer-reviewed journal [7]