Lexicon Pharmaceuticals: Upgrading On Sotagliflozin HCM Data In Q1 '27 And More
Lexicon Pharmaceuticals was upgraded to Buy based on multiple near-term catalysts across its pipeline. The company anticipates NDA resubmission for ZYNQUISTA in type 1 diabetes by Q4 2026, contingent on STENO1 safety data, and expects top-line results from the pivotal Phase 3 SONATA-HCM trial for sotagliflozin in HCM in Q1 2027.
Why it matters — LXRX watchers would care because the company's pipeline has emerging near-term milestones, including an expected NDA resubmission and pivotal Phase 3 trial data readouts.