Lexaria Bioscien Stock Price, News & Analysis

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 DehydraTECH^TM 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.