LXRX Lexicon Pharmaceuticals Inc

THE WOODLANDS, Texas, March 13 /PRNewswire-FirstCall/ -- Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX), a biopharmaceutical company focused on discovering and developing breakthrough treatments for human disease, today made available its 2008 annual report to stockholders on the Lexicon Pharmaceuticals corporate website at http://www.lexpharma.com/. Hard copies are available, free of charge, to Lexicon stockholders by contacting Lexicon's Investor Relations Department at 281.863.3000. Lexicon has also provided the annual report to the Securities and Exchange Commission. About Lexicon Lexicon is a biopharmaceutical company focused on discovering and developing breakthrough treatments for human disease. Lexicon currently has five drug candidates in development for autoimmune disease, carcinoid syndrome, diabetes, glaucoma and irritable bowel syndrome, all of which were discovered by the company's research team. The company has used its proprietary gene knockout technology to identify more than 100 promising drug targets. Lexicon has focused drug discovery efforts on these biologically-validated targets to create its extensive pipeline of clinical and preclinical programs. For additional information about Lexicon and its programs, please visit http://www.lexpharma.com/. Safe Harbor Statement This press release contains "forward-looking statements," including statements relating to Lexicon's growth and future operating results, discovery and development of products, strategic alliances and intellectual property, as well as other matters that are not historical facts or information. All forward-looking statements are based on management's current assumptions and expectations and involve risks, uncertainties and other important factors, specifically including those relating to Lexicon's ability to successfully conduct preclinical and clinical development of its potential drug candidates, advance additional candidates into preclinical and clinical development, obtain necessary regulatory approvals, achieve its operational objectives, obtain patent protection for its discoveries and establish strategic alliances, as well as additional factors relating to manufacturing, intellectual property rights, and the therapeutic or commercial value of its drug candidates, that may cause Lexicon's actual results to be materially different from any future results expressed or implied by such forward-looking statements. Information identifying such important factors is contained under "Factors Affecting Forward-Looking Statements" and "Risk Factors" in Lexicon's annual report on Form 10-K for the year ended December 31, 2008, as filed with the Securities and Exchange Commission. Lexicon undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise. DATASOURCE: Lexicon Pharmaceuticals, Inc. CONTACT: Jason Ray, Manager, Corporate Communications and Investor Relations of Lexicon Pharmaceuticals, Inc., +1-281-863-3225, Web Site: http://www.lexpharma.com/

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