Lexicon Pharmaceuticals

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Lexicon Pharmaceuticals
Type Public (NASDAQLXRX)
Founded The Woodlands, TX, 1995
Headquarters The Woodlands,
Flag of the United States USA
Key people Arthur T. Sands, CEO
Alan J. Main, VP
Industry Health Care
Employees 600 (2007)
Website www.lexpharma.com

Lexicon Pharmaceuticals (Nasdaq LXRX) is a medium sized biopharmaceuticals company founded in The Woodlands, Texas that started operation in 1995 during the biotech bubble under the name Lexicon Genetics. Their early business emphasized the use of their patented mouse knockout technology and extensive in vivo screening to identify potential therapeutic targets[1]. In June, 2003 Lexicon Genetics purchased a privately owned small chemical library synthesis company, Coelacanth Corporation in Princeton, New Jersey[2], and in 2007, they changed their name to Lexicon Pharmaceuticals to reflect their renewed focus on drug development.

[edit] References

  1. ^ Zambrowicz, BP; Sands, AT (2003). Knockouts model the 100 best-selling drugs--will they model the next 100? Nature Reviews of Drug Discovery. 2 (1): 38 - 51
  2. ^ United States Securities and Exchange Commission