Published in Medicine and Law Weekly, August 3rd, 2007
This trend article is an immediate alert from NewsRx to identify the most recent news developments at Lexicon Genetics.
Report 1: Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) has entered into a major financing agreement with The Invus Group, LLC ("Invus") to help fund its strategic goal of transitioning into an integrated biopharmaceutical company. Under the agreement, Invus will invest $205M in 2007 with the potential for up to an additional $345M over the next four years.
Simultaneously, Lexicon announced it has entered into a $60 million product development collaboration with...
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