Lexicon Pharmaceuticals to cut workforce by 60% to focus on drug development

Reuters

2024/11/22

Nov 22 (Reuters) - Lexicon Pharmaceuticals said on Friday it would reduce its workforce by about 60%, effective Dec. 31, to eliminate commercial activities and focus on drug development.

(Reporting by Mariam Sunny in Bengaluru; Editing by Shreya Biswas)

((Mariam.ESunny@thomsonreuters.com;))

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