Coelacanth Chemical Corporation (LEXG) OBP II  
(Acquired by Lexicon Genetics Inc)
The Woodlands, TX
www.lexicon-genetics.com

Coelacanth, which uses proprietary chemistry technologies and knockout mice to rapidly discover new chemical entities for drug development, recently merged with Lexicon Genetics and will form the core for a new division called Lexicon Pharmaceuticals, based in Princeton, N.J. Lexicon Pharmaceuticals will combine Lexicon's novel, functionally defined targets from the human genome with Coelacanth Corporation's high performance chemistry technologies to discover new drugs.