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Lexicon Earns Third $10 Mln Milestone Payment From Novo For LX9851
Source: Nasdaq
Healthcare & BiotechCorporate EarningsCompany FundamentalsAnalyst Insights
Lexicon Pharmaceuticals received a third $10 million milestone payment from Novo Nordisk after achieving a key Phase 1 patient dosing milestone for LX9851. The update is incremental but adds $10M to collaboration cash receipts tied to clinical progress, which is modestly supportive for near-term fundamentals.
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