Lexicon Pharma (LXRX) Announces Sale of XERMELO for $159 Million
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Lexicon Pharmaceuticals Enters Into Agreement With TerSera Therapeutics for the Sale of XERMELO
July 30, 2020 7:10 AM EDTTHE WOODLANDS, Texas and DEERFIELD, Ill., July 30, 2020 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) and TerSera Therapeutics LLC announced today that they have entered into an asset purchase and sale agreement for the sale to TerSera of Lexicons rights, title and interest in XERMELO® (telotristat ethyl). Â
Pursuant to the terms of the agreement, TerSera will pay Lexicon... More
