Lexicon 3-for-3 in PhIII for a new diabetes pill, racking up a clean sweep under $1.7B Sanofi pact
Lexicon Pharmaceuticals $LXRX is now three-for-three in its Phase III program for sotagliflozin, setting up regulatory applications for this Sanofi-partnered therapy as the first pill to help Type 1 diabetics with glycemic control. And it positions the Texas biotech for its late-stage effort aimed at proving it can do the same for Type 2 diabetes.
Investigators tested this add-on drug in 1,402 patients with A1C levels between 7% and 11%, with a 400 mg dose beating a placebo in pushing a significant number of patients below the 7 mark — the magic number for glycemic control in diabetes. But we’ll have to wait for a scientific conference to get the details from inTandem3.
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