Lexicon Pharmaceuticals presents study data on diabetic peripheral neuropathic pain at ASPN 2025, focusing on patient experiences.
Quiver AI Summary
Lexicon Pharmaceuticals announced that it will present data on diabetic peripheral neuropathic pain (DPNP) at the 7th Annual Meeting of the American Society of Pain and Neuroscience (ASPN 2025) in Miami Beach from July 17-20, 2025. DPNP affects millions of diabetes patients in the U.S., leading to significant pain and discomfort. The study aims to highlight the patient experience with DPNP, encouraging healthcare professionals to better address the issue and empowering patients to discuss treatment options. The presentation will focus on pilavapadin, an investigational drug targeting neuropathic pain, which has shown promise in clinical trials and received Fast Track designation from the FDA. Lexicon, a biopharmaceutical company dedicated to transforming patient care through innovative medicines, continues to pursue advancements in various therapeutic areas.
Potential Positives
- Presentation of patient data on diabetic peripheral neuropathic pain (DPNP) at a prominent conference highlights Lexicon Pharmaceuticals’ commitment to addressing significant unmet medical needs, potentially raising awareness and improving patient outcomes.
- Pilavapadin, an investigational drug developed by Lexicon, has shown substantial benefits in reducing DPNP symptoms during clinical trials and has received Fast Track designation from the FDA, indicating strong potential for expedited development and commercialization.
- Lexicon's unique genomics target discovery platform has enabled the identification of promising therapeutic targets, positioning the company favorably within the biopharmaceutical industry for future innovations in various diseases.
Potential Negatives
- The press release highlights the significant burden of diabetic peripheral neuropathic pain, suggesting that existing treatments may not adequately address this prevalent issue, which could reflect poorly on the company's current product offerings.
- The emphasis on the need for patient awareness and empowerment implies that there may be a lack of effective communication between healthcare providers and patients regarding treatment options, potentially highlighting shortcomings in Lexicon's market approach.
- While pilavapadin has received Fast Track designation, the overall reliance on forward-looking statements may indicate potential uncertainties regarding the drug's development timeline, efficacy, and regulatory approval, which could concern investors.
FAQ
What is the focus of the latest Lexicon Pharmaceuticals study?
The study focuses on the patient experience with diabetic peripheral neuropathic pain (DPNP) despite standard treatment.
Where will the study data be presented?
The data will be presented at the 7th Annual Meeting of the American Society of Pain and Neuroscience in Miami Beach, Florida.
What is pilavapadin and its significance?
Pilavapadin is an investigational small molecule that targets neuropathic pain without affecting opiate pathways.
How prevalent is diabetic peripheral neuropathic pain?
Approximately 9 million patients in the U.S. suffer from diabetic peripheral neuropathic pain.
What recognition has pilavapadin received from the FDA?
Pilavapadin has received Fast Track designation for its development in diabetic peripheral neuropathic pain.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LXRX Hedge Fund Activity
We have seen 67 institutional investors add shares of $LXRX stock to their portfolio, and 64 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIREN, L.L.C. removed 35,402,689 shares (-91.0%) from their portfolio in Q1 2025, for an estimated $16,313,559
- FMR LLC removed 17,427,258 shares (-33.5%) from their portfolio in Q1 2025, for an estimated $8,030,480
- POINT72 ASSET MANAGEMENT, L.P. removed 8,988,421 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $4,141,864
- NANTAHALA CAPITAL MANAGEMENT, LLC removed 6,143,300 shares (-93.0%) from their portfolio in Q1 2025, for an estimated $2,830,832
- NEA MANAGEMENT COMPANY, LLC removed 2,382,286 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,097,757
- CIBC PRIVATE WEALTH GROUP LLC added 2,240,000 shares (+inf%) to their portfolio in Q1 2025, for an estimated $1,032,192
- UBS GROUP AG added 1,409,223 shares (+205.4%) to their portfolio in Q1 2025, for an estimated $649,369
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LXRX Analyst Ratings
Wall Street analysts have issued reports on $LXRX in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 06/24/2025
- Piper Sandler issued a "Overweight" rating on 03/07/2025
To track analyst ratings and price targets for $LXRX, check out Quiver Quantitative's $LXRX forecast page.
$LXRX Price Targets
Multiple analysts have issued price targets for $LXRX recently. We have seen 3 analysts offer price targets for $LXRX in the last 6 months, with a median target of $4.0.
Here are some recent targets:
- Joseph Pantginis from HC Wainwright & Co. set a target price of $4.0 on 06/24/2025
- Yasmeen Rahimi from Piper Sandler set a target price of $6.0 on 03/07/2025
- Roanna Ruiz from Leerink Partners set a target price of $1.0 on 03/04/2025
Full Release
THE WOODLANDS, Texas, July 18, 2025 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced that data from a study of patients describing the impact of diabetic peripheral neuropathic pain (DPNP) despite treatment with standard of care will be presented at the 7th Annual Meeting of the American Society of Pain and Neuroscience (ASPN 2025). The conference is being held July 17 - 20, 2025 at the Fontainebleau Miami Beach Hotel in Miami Beach, Florida.
DPNP is a highly prevalent but often overlooked debilitating chronic complication of diabetes. DPNP can result in burning pain, numbness, and other symptoms in the hands, feet, legs, and arms. There are approximately 9 million patients in the U.S. who are suffering with DPNP. Previous research shows that DPNP affects an estimated 30% of patients with type 1 diabetes and 50% of patients with type 2 diabetes.
“Our study focusing on the patient experience with DPNP is meant to give a ‘voice’ to the nearly 100 million people worldwide who struggle with its impact on their activities of daily living,” said M. Belinda Hardin, PharmD, BCPS, Lexicon Pharmaceuticals. “We hope the new research raises awareness among healthcare professionals of the patient burden and empowers patients and caregivers to discuss treatment options with their providers.”
Presentation details:
-
“Listening to Patients with Diabetic Peripheral Neuropathic Pain: Insights from a Patient Survey to Inform Advanced Clinical Development of Pilavapadin” --
Saturday, July 19, 9:40-10:00 a.m. ET, Poster # 125, Sparkle Ballroom, presented by M. Belinda Hardin, PharmD, BCPS, U.S. Medical Affairs, Lexicon Pharmaceuticals.
About Pilavapadin
Discovered using Lexicon’s unique approach to gene science, pilavapadin (LX9211) is a potent, once-daily, orally delivered, selective, investigational small molecule inhibitor of AAK1, a novel target for neuropathic pain which inhibits reuptake and recycling of neurotransmitters involved in pain signaling without affecting opiate pathways. Lexicon identified AAK1 in its target discovery efforts as a promising approach for the treatment of neuropathic pain. Preclinical studies of pilavapadin demonstrated central nervous system penetration and reduction in pain behavior in models of neuropathic pain without affecting opiate pathways.
The efficacy, safety and pharmacokinetics of pilavapadin in DPNP were also evaluated in the Phase 2a proof-of-concept RELIEF-DPN-1 study, which met the primary endpoint of reducing ADPS at week 6 compared to placebo and demonstrated substantial and consistent benefits in addressing DPNP symptoms, including burning pain and pain interference on sleep. Pilavapadin has received Fast Track designation from the U.S. Food and Drug Administration for development in DPNP.
About Lexicon Pharmaceuticals
Lexicon is a biopharmaceutical company with a mission of pioneering medicines that transform patients’ lives. Through the Genome5000™ program, Lexicon’s unique genomics target discovery platform, Lexicon scientists studied the role and function of nearly 5,000 genes and identified more than 100 protein targets with significant therapeutic potential in a range of diseases. Through the precise targeting of these proteins, Lexicon is pioneering the discovery and development of innovative medicines to treat disease safely and effectively. Lexicon has a pipeline of promising drug candidates in discovery and clinical and preclinical development in neuropathic pain, hypertrophic cardiomyopathy (HCM), obesity, metabolism and other indications. For additional information, please visit
www.lexpharma.com.
Safe Harbor Statement
This press release contains “forward-looking statements,” including statements relating to Lexicon’s financial position and long-term outlook on its business, including the commercialization of its approved products and the clinical development of, regulatory filings for, and potential therapeutic and commercial potential of its other drug candidates. In addition, this press release also contains forward looking statements relating to Lexicon’s growth and future operating results, discovery, development and commercialization of products, strategic alliances and intellectual property, as well as other matters that are not historical facts or information. All forward-looking statements are based on management’s current assumptions and expectations and involve risks, uncertainties and other important factors, specifically including Lexicon’s ability to meet its capital requirements, successfully commercialize its approved products, successfully conduct preclinical and clinical development and obtain necessary regulatory approvals of its other drug candidates on its anticipated timelines, achieve its operational objectives, obtain patent protection for its discoveries and establish strategic alliances, as well as additional factors relating to manufacturing, intellectual property rights, and the therapeutic or commercial value of its approved products and other drug candidates. Any of these risks, uncertainties and other factors may cause Lexicon’s actual results to be materially different from any future results expressed or implied by such forward-looking statements. Information identifying such important factors is contained under “Risk Factors” in Lexicon’s annual report on Form 10-K for the year ended December 31, 2024, as filed with the Securities and Exchange Commission. Lexicon undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
For Investor and Media Inquiries :
Lisa DeFrancesco
Lexicon Pharmaceuticals, Inc.
[email protected]