By Sabela Ojea

 

Lexicon Pharmaceuticals said Friday that the Food and Drug Administration has approved its Inpefa treatment, aimed at reducing heart failures.

The biopharmaceutical company said Inpefa is expected to be commercially available in the U.S. market by the end of June.

Inpefa, a once-daily oral tablet known generically as sotagliflozin, targets the risk of cardiovascular death, urgent heart failure medical visits and hospitalizations in adults with heart failure of type 2 diabetes mellitus and chronic kidney disease, among other cardiovascular risk factors.

Shares rose 0.9% to $3.21 in after-hours trading.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

May 26, 2023 16:34 ET (20:34 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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