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Home » Lexicon sells Xermelo, turns focus to neuropathic pain program, R&D
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Lexicon sells Xermelo, turns focus to neuropathic pain program, R&D

July 30, 2020
By Michael Fitzhugh
In a move that Lexicon Pharmaceuticals Inc. chief Lonnel Coats said will focus the company on its phase II neuropathic pain program, The Woodlands, Texas-based venture has agreed to sell one of its two approved products, the carcinoid syndrome diarrhea therapy Xermelo (telotristat ethyl), to Tersera Therapeutics LLC for $159 million in cash.
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