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Lexicon Pharmaceuticals Reports on Clinical Program Status and 2011 Third Quarter Results
Date:11/1/2011

r as a result of new information, future events or otherwise.Lexicon Pharmaceuticals, Inc.Selected Financial DataConsolidated Statements of Operations DataThree Months EndedSeptember 30,Nine Months EndedSeptember 30,(In thousands, except per share data)2011201020112010(unaudited)(unaudited)Revenues:Collaborative research$  335$  632$  1,312$  3,437Subscription and license fees20149194218Total revenues3557811,5063,655Operating expenses:Research and development, including stock-based compensation

of $823, $751, $2,480 and $2,366, respectively19,65518,94163,72160,268Increase in fair value of Symphony Icon, Inc. purchase liability2,3361,1455,1981,145General and administrative, including stock-based compensation

of $609, $582, $1,874 and $1,592, respectively4,0554,94813,34015,535Total operating expenses26,04625,03482,25976,948Loss from operations(25,691)(24,253)(80,753)(73,293)Gain on investments, net---141Interest income6051215468Interest expense(560)(637)(1,977)(2,093)Other income (expense), net88(2,700)145(4,025)Consolidated loss before income taxes(26,103)(27,539)(82,370)(78,802)Income tax benefit-26-26Consolidated net loss$  (26,103)$  (27,513)$  (82,370)$  (78,776)Consolidated net loss per common share, basic and diluted$  (0.08)$  (0.08)$  (0.24)$  (0.27)Shares used in computing net loss attributable to Lexicon Pharmaceuticals, Inc.  per common share, basic and diluted337,678337,404337,625291,196Consolidated Balance Sheet DataAs of September 30,As of December 31,(In thousands)

20112010(unaudited)Cash and investments$  144,155$  211,111Property and equipment,
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SOURCE Lexicon Pharmaceuticals, Inc.
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