New York, NY -- (SBWIRE) -- 01/03/2013 -- Lexicon Pharmaceuticals, Inc. (NASDAQ: LXRX) 2.38 +0.17 (7.69%).
The company, on Dec. 17, said it received fast-track status from the U.S. Food and Drug Administration for the development of LX1033, an orally delivered small molecule drug candidate for diarrhea-predominant irritable bowel syndrome. The biopharmaceutical company said LX1033, an inhibitor of tryptophan hydroxylase that acts locally in the gastrointestinal tract, is currently being evaluated in a Phase 2 clinical trial. Results are expected in the first half of next year.
Lexicon Pharmaceuticals, Inc. (Lexicon Pharmaceuticals) is a biopharmaceutical company focused on the discovery and development of breakthrough treatments for human disease.
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ProShares UltraPro S&P 500 (ETF) (NYSE: UPRO) 94.81 +6.95 (7.91%), Range - 92.34 - 94.84, 52 week - 61.35 - 97.02, Vol. - 565,539.00.
This Ultra ProShares ETF seeks a return that is 3x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks.
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