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.
Tickers: $NVO
Topics: biotech clinical trials obesity drug pharma partnership