Lexicon Pharmaceuticals

Lexicon Genetics is a medium sized biopharmaceuticals company that started operation in 1995 in The Woodlands, Texas. Lexicon genetics changed it's name in 2007 to Lexicon Pharmaceuticals (Nasdaq LXRX)to showcase itself as a full blown biotech company. The company started during the biotech bubble days as a small startup, based on its patented mouse knockout technology.In June, 2003 Lexicon Genetics purchased a privately owned small chemical library synthesis company, Coelacanth Corporation in Princeton, New Jersey and renamed the newly acquired company as Lexicon Pharmaceuticals Inc. Since 2001, Lexicon's drug discovery program harmoniously operated between biology division (situated in The Woodlands) and medicinal chemistry (in Princeton).