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BioWorld - Monday, July 13, 2026
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Home » Lexicon shares crash after Sanofi abandons diabetes alliance
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Lexicon shares crash after Sanofi abandons diabetes alliance

July 30, 2019
By Michael Fitzhugh
Shares of Lexicon Pharmaceuticals Inc. (NASDAQ:LXRX) fell 70.3% Monday to $1.69 as Sanofi SA terminated a $1.7 billion diabetes collaboration with the company. The decision followed two trials in which Zynquista (sotagliflozin), a dual SGLT inhibitor, failed to make a statistically significant dent in blood sugar control in patients with chronic kidney disease, a common result of diabetes.
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