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

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

Nov 22, 2024 5:03 AM

Nov 22 (Reuters) - Lexicon Pharmaceuticals ( LXRX ) said

on Friday it would reduce its workforce by about 60%, effective

Dec. 31, to eliminate commercial activities and focus on drug

development.

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