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Lexicon Pharma Announced IBS Drug Had Positve Results In Clinical Trial (LXRX)

 
Comtex
     

    Nov 13, 2009 (SmarTrend(R) News Watch via COMTEX) ----11/13/2009 - Lexicon Pharmaceuticals (NASDAQ:LXRX) announced that the company's investigational new drug, LX1031, demonstrated positive results in a study. Results shows that the treatment with one gram of LX1031 four times daily produced a statistically significant improvement in global assessment of relief of irritable bowel syndrome. Chief scientific officer Dr. Brian Zambrowicz said, "Treatment with LX1031 reduced symptoms of IBS in this clinical trial, and holds promise for patients with this disease. We believe the fact that the clinical benefit was correlated to the reduction in the 5-HIAA biomarker validates our therapeutic strategy of inhibiting TPH as a novel treatment option for patients with IBS. The overall safety and efficacy profile observed to date supports further development of this novel mechanism in IBS."

    Write to Chip Brian at cbrian@tradethetrend.com

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    Copyright, Comtex News Network, Inc. 2009
       
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       As of Monday, 11-09-2009 23:59, the latest Comtex SmarTrend� Alert, 
       an automated pattern recognition system, indicated a DOWNTREND on 
       10-02-2009 for LXRX @ $1.88.
       
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