Welcome to our dedicated page for Lexaria Bioscien news (Ticker: LEXXW), a resource for investors and traders seeking the latest updates and insights on Lexaria Bioscien stock.
About Lexaria Bioscience Corp.
Lexaria Bioscience Corp. (NASDAQ:LEXX, NASDAQ:LEXXW) is a global innovator in drug delivery technology, specializing in its patented DehydraTECH™ platform. This groundbreaking technology enhances the way active pharmaceutical ingredients (APIs) are absorbed into the bloodstream, offering faster onset times, improved bioavailability, and reduced side effects. DehydraTECH is applicable across a wide range of APIs, including cannabinoids, antiviral drugs, nicotine, and GLP-1 receptor agonists, making it a versatile solution in the pharmaceutical and biotechnology industries.
Core Technology: DehydraTECH™
DehydraTECH™ is a patented drug delivery formulation and processing platform that optimizes the oral delivery of APIs. By improving bio-absorption rates—up to 27 times higher for cannabinoids in some cases—and reducing onset times from hours to minutes, the technology addresses critical challenges in drug delivery. It has also demonstrated the ability to facilitate the transport of APIs across the blood-brain barrier, a significant advantage for treating neurological conditions.
Market Applications
Lexaria’s technology is particularly impactful in high-growth markets:
- GLP-1 Drugs: DehydraTECH has shown promise in enhancing the oral delivery of GLP-1 receptor agonists like semaglutide, liraglutide, and tirzepatide, which are used to treat diabetes, obesity, and cardiovascular diseases. By enabling oral formulations, Lexaria aims to replace the widely disliked injectable versions of these drugs.
- Neurological Disorders: The technology's ability to cross the blood-brain barrier positions it as a valuable tool in treating conditions like epilepsy and Alzheimer’s disease.
- Cannabinoids: DehydraTECH optimizes the delivery of cannabinoids for therapeutic applications, including pain management and seizure mitigation.
Business Model and Revenue Streams
Lexaria operates through four primary segments:
- Intellectual Property Licensing: The company licenses its technology to pharmaceutical and nutraceutical companies, generating recurring revenue.
- B2B Production: Lexaria produces DehydraTECH-enhanced formulations for business partners.
- Research and Development: The company conducts extensive R&D to expand its technology’s applications and validate its efficacy.
- Corporate Operations: This includes strategic planning and partnerships to drive growth.
Competitive Landscape
In the GLP-1 drug market, Lexaria competes with pharmaceutical giants like Novo Nordisk and Eli Lilly. However, its ability to deliver APIs effectively through oral formulations offers a distinct competitive edge. The company’s focus on reducing gastrointestinal side effects and improving patient compliance further strengthens its market position.
Intellectual Property
Lexaria boasts a robust intellectual property portfolio with 48 granted patents and numerous pending applications worldwide. These patents cover a wide range of applications, from epilepsy treatment to GLP-1 drug delivery, reinforcing the company’s authority in drug delivery innovation.
Research and Development
Lexaria operates a licensed in-house research laboratory, conducting preclinical and clinical studies to validate its technology. Recent studies have shown promising results in enhancing the performance of GLP-1 drugs, cannabinoids, and antiviral formulations. The company is also exploring new applications in cardiovascular and neurological health.
Geographical Reach
Lexaria generates revenue primarily from the United States and Canada, with plans to expand its global footprint through strategic partnerships and licensing agreements.
Conclusion
Lexaria Bioscience Corp. is at the forefront of drug delivery innovation, leveraging its patented DehydraTECH™ technology to address critical challenges in the pharmaceutical industry. By enabling more effective oral formulations, the company is poised to disrupt markets dominated by injectable drugs, offering significant benefits to patients and healthcare providers alike.
Lexaria Bioscience Corp. (NASDAQ:LEXX)(NASDAQ:LEXXW) has launched a study (EPIL-A21-1) to assess the effectiveness of its DehydraTECHTM-CBD against the FDA-approved Epidiolex in reducing seizure activity. This animal study involves a leading US lab and is expected to yield results by Q3 2022. In addition, Lexaria has secured its first patent for DehydraTECH in Mexico and a fifth patent in Japan for its use with cannabinoids. Lexaria continues to expand its intellectual property portfolio, with a total of 23 patents granted worldwide.
Lexaria Bioscience Corp. (NASDAQ:LEXX, LEXXW) announced significant findings from its study THC-A21-1, demonstrating that its DehydraTECH technology delivers oral THC into the bloodstream three times faster than standard methods, achieving comparable plasma levels within just 15 minutes versus 45 minutes. The study highlighted that the DehydraTECH-THC formulation produced statistically significant improvements in both peak THC delivery and total absorption over time. This technology aims to meet the needs of modern THC users seeking effective pain management solutions without harmful delivery methods.
Lexaria Bioscience Corp. (NASDAQ:LEXX, LEXXW) announced promising results from its oral nicotine absorption study NIC-A21-1, showcasing its DehydraTECH technology. The study indicated that DehydraTECH-nicotine reached blood plasma levels 10 to 20 times faster than control methods, achieving peak levels up to 10 times higher. The technology was designed to improve nicotine delivery via oral pouches, aiming to provide a safer alternative for smokers. A larger human study is planned to further validate results against leading brands in the growing nicotine oral pouch market, projected to reach $21.8 billion by 2027.
Lexaria Bioscience Corp. (NASDAQ:LEXX)(NASDAQ:LEXXW) will be featured at the 23rd Annual H.C. Wainwright Global Investment Conference from September 13-15, 2021. CEO Chris Bunka will share the latest company updates starting September 13 at 7:00 AM ET. Attendees can register on the conference website. Lexaria's patented DehydraTECH technology enhances drug absorption and is also evaluated for various pharmaceutical applications. The company holds 21 patents and 50 pending worldwide, demonstrating strong intellectual property.
Lexaria Bioscience Corp. has initiated the process for an Investigational New Drug (IND) application with the FDA for its DehydraTECH-CBD formulation aimed at treating hypertension. This decision follows successful results from multiple studies demonstrating the formulation's bioabsorption and effectiveness in reducing blood pressure without significant side effects. Lexaria is working with a consultancy for regulatory compliance and plans to leverage upcoming clinical studies to bolster its application. The hypertension market is valued at approximately $28 billion and presents significant growth potential.
Lexaria Bioscience Corp. (LEXX, LEXXW) released promising initial results from its human clinical study HYPER-H21-2, showing a significant 23% decrease in blood pressure (BP) with DehydraTECH-CBD compared to placebo. Over 24 hours, volunteers experienced an average 20 mmHg reduction in BP and a notable 7.0% decrease in systolic pressure (p < 0.001). The study indicates DehydraTECH-CBD's potential as a tolerable treatment for hypertension, with no serious side effects reported. Further data analyses are ongoing, and Lexaria plans to conduct additional studies to explore long-term effects.
Lexaria Bioscience Corp. (NASDAQ:LEXX, LEXXW) released partial results from the human clinical study HYPER-H21-1, showing that DehydraTECH-CBD significantly reduces blood pressure in hypertensive patients. The study, involving 24 volunteers aged 45-65, reported up to a 13 mmHg reduction in systolic blood pressure within 50 minutes of administration. No serious side effects were observed, unlike the control group using generic CBD. Lexaria plans further analyses and continued research to enhance efficacy through repeat dosing.
Lexaria Bioscience Corp. (NASDAQ:LEXX, LEXXW) announces significant growth as its DehydraTECHTM technology is now utilized by brands in over 7,000 stores across the US. CEO Chris Bunka highlights the technology's role in boosting market share and sales for clients like Cannadips and New World CBD. The company plans to introduce five new products powered by DehydraTECH in Q4 2021. Lexaria's tech increases bio-absorption significantly and reduces onset time for cannabinoids and other compounds, with ongoing research and licensing efforts enhancing its market position.
Lexaria Bioscience Corp. (NASDAQ:LEXX, LEXXW) completed dosing in its second human clinical study, HYPER-H21-2, involving 16 participants assessing the effects of DehydraTECH 2.0-enabled CBD on blood pressure. The study, fully funded by company resources, included continuous monitoring and aims to provide insights into potential blood pressure reduction. Preliminary results are expected in September. Additionally, Lexaria received a second patent in Japan, expanding its intellectual property portfolio to 21 patents granted, enhancing its competitive edge in drug delivery technology.
Lexaria Bioscience Corp. announced it received US$3,817,643 from the exercise of warrants linked to its January 2021 public offering. A total of 580,189 shares were issued at an exercise price of US$6.58 per share. The funds will support its ongoing research programs and general corporate needs, with sufficient capital to sustain operations well into 2022. Lexaria's DehydraTECH technology enhances drug absorption and is licensed to various companies, including a major tobacco firm.
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