Lexicon Pharmaceuticals secures $100 million loan facility with Hercules Capital
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Lexicon Pharmaceuticals Announces $100 Million Loan Facility with Hercules Capital
May 4, 2026 4:05 PM EDT$55 million funded at closing to repay existing loan facility
THE WOODLANDS, Texas, May 04, 2026 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) announced today that it has entered into a loan facility with Hercules Capital, Inc. (NYSE: HTGC) that provides up to $100 million in borrowing capacity. Access to this non-dilutive capital provides Lexicon with greater financial flexibility through... More
