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Friday, November 13, 2009
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 ********************************************************************** 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. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2009 Comtex News Network, Inc. All rights reserved.
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