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Lexicon Pharmaceuticals Provides Clinical Pipeline Update and Reports 2010 Third Quarter Financial Results
Date:11/5/2010

313291,196137,240Consolidated Balance Sheet DataAs of September 30,As of December 31,(In thousands)

20102009(unaudited)Cash and investments(1)

$  231,018$  162,513Obligations under line of credit

-(37,435)Cash and investments, net of obligations under line of credit(1)

231,018125,078Property and equipment, net

55,40458,754Goodwill

25,79825,798Other intangible assets

53,557-Total assets

370,873257,761Deferred revenue

15,05915,154Current and long-term debt, including line of credit

28,75466,964Noncontrolling interest in Symphony Icon, Inc.

-(290)Accumulated deficit

(650,407)(570,175)Total Lexicon Pharmaceuticals, Inc. stockholders' equity

268,854163,787——————(1)  Cash and investments at December 31, 2009 included $5.4 million held by Symphony Icon, Inc.  As a result of Lexicon's adoption as of January 1, 2010 of a   new accounting pronouncement regarding variable interest entities, the results of Symphony Icon were not consolidated in Lexicon's financial statements for the period from January 1, 2010 through the exercise of the purchase option on July 30, 2010.  
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SOURCE Lexicon Pharmaceuticals, Inc.
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