Lexicon Pharmaceuticals

company

About

Lexicon Pharmaceuticals is a biopharmaceutical company that discovers and develops precise medicines for human disease.

  • 251 - 500

Details

Last Funding Type
Grant
Last Funding Money Raised
$2M
Industries
Bioinformatics,Biotechnology,Medical,Pharmaceutical
Founded date
Jan 1, 1995
Number Of Employee
251 - 500
Operating Status
Active

Lexicon Pharmaceuticals, Inc. (formerly Lexicon Genetic) a biopharmaceutical company, focuses on the discovery and development of pharmaceutical products for the treatment of human disease, including immunology, metabolism, cardiology, and ophthalmology. The company's drug candidates include LX1031, which has completed Phase II clinical trials for the treatment of irritable bowel syndrome and other gastrointestinal disorders; LX4211 that has completed Phase II clinical trials to treat type 2 diabetes; LX2931, which is in Phase II clinical trials for the treatment of rheumatoid arthritis and other autoimmune diseases; and LX1032 that has completed Phase II clinical trials to treat the symptoms associated with carcinoid syndrome. It also has a preclinical development drug candidate, LX7101, for the treatment of glaucoma. The company has drug discovery alliances with Bristol-Myers Squibb Company; Genentech, Inc.; N.V. Organon; and Takeda Pharmaceutical Company Limited. It also has drug development financing collaboration with Symphony Icon; collaboration agreement with Taconic Farms, Inc.; and an alliance with Nuevolution A/S, which provides access to Nuevolution's Chemetics platform chemistry technology.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$33.80M
Lexicon Pharmaceuticals has raised a total of $33.80M in funding over 2 rounds. Their latest funding was raised on May 11, 2006 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 11, 2006 Grant $2M 2 Detail
Jan 1, 1999 Post-IPO Equity $31.80M 3 Punk, Ziegel & Company Detail

Investors

Number of Lead Investors
Number of Investors
1
5
Lexicon Pharmaceuticals is funded by 5 investors. Punk, Ziegel & Company and USAMRMC are the most recent investors.
Investor Name Lead Investor Funding Round
Punk, Ziegel & Company Yes Post-IPO Equity
USAMRMC Grant
U.S. Army Medical Research & Development Command Grant
Sofinov Societe Financiere D'Innovation Post-IPO Equity
Patricof & Co. Ventures Post-IPO Equity