Lexicon Pharma and Novo Nordisk Initiate Phase 1 Study for Obesity Drug LX9851

Lexicon Pharmaceuticals (LXRX) and Novo Nordisk (NVO) have initiated a Phase 1 clinical trial for the obesity drug LX9851, triggering a $10 million milestone payment to Lexicon. The study is expected to conclude in Q1 2027.

By Maham Fatima May 1, 2026 2 min read · Yahoo Finance ·

Lexicon Pharma and Novo Nordisk Initiate Phase 1 Study for Obesity Drug LX9851

Tickers: $NVO

Topics: biotech clinical trials obesity drug pharma partnership

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