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Lexaria Bioscience Corp. (NASDAQ:LEXXW) is a global innovator in drug delivery platforms known for its patented drug delivery technology, DehydraTECH. DehydraTECH enhances the absorption of active pharmaceutical ingredients, such as cannabinoids and nicotine, by promoting more effective oral delivery. The technology has shown to significantly increase bio-absorption, reduce onset times, and mask unwanted tastes. Lexaria operates in four main segments: Intellectual Property Licensing, B2B Production, Research and Development, and Corporate. With a robust intellectual property portfolio and ongoing research, Lexaria aims to revolutionize drug delivery methods and improve outcomes.
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Lexaria Bioscience Corp. announces a registered direct offering and private placement of common stock and warrants, aiming to raise funds for future growth.
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Lexaria Bioscience Corp. has submitted an Investigational New Drug application with the FDA for its U.S. phase 1b hypertension clinical trial of DehydraTECH-CBD. The company has successfully sponsored five human clinical studies, showing significant reductions in blood pressure. The FDA has a 30-day review period before the trial can commence, and Lexaria is eager to start pending funding.
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Lexaria Bioscience Corp. CEO Chris Bunka provides an annual letter to stakeholders, discussing the challenges faced in 2023 due to capital market conditions and the positive advancements made by the company. Despite the decline in stock price, Lexaria managed to raise capital to fund operations and maintain its Nasdaq listing. The company also welcomed new shareholders and filed a Form S-8 Registration Statement to register additional shares under the Incentive Equity Plan.
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Lexaria Bioscience Corp. announces an extensive planned research program to evaluate the DehydraTECH drug delivery platform for GLP-1 drugs, aiming to support potential commercial partnerships. The program includes human and animal studies on semaglutide, liraglutide, and tirzepatide, with the goal of improving oral delivery and stability of these drugs. The company aims to address the market need for enhanced performance and broader oral delivery of GLP-1 drugs, as well as to determine the commercial applicability of DehydraTECH to these drugs.
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Lexaria Bioscience Corp. (NASDAQ:LEXX)(NASDAQ:LEXXW) announces the anticipated submission of an Investigational New Drug (IND) application with the U.S. FDA for its planned U.S. Phase 1b Hypertension Clinical Trial, following a supplier-related delay. The company has conducted five human clinical trials studying DehydraTECH-CBD, showing significant reductions in resting blood pressure and zero serious adverse events, indicating potential clinical benefits. The latest study demonstrated a potentially novel mechanism of action of DehydraTECH-CBD in reducing blood pressure.
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Lexaria Bioscience Corp. (LEXX) announces positive interim results from a human pilot study evaluating DehydraTECH technology for the oral delivery of the GLP-1 drug semaglutide. The study shows sustained lower levels of blood glucose, a lower blood-glucose spike after eating, and a successful first-ever DehydraTECH test with a 'large molecule' drug.
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Lexaria Bioscience grants exclusive license to SulfoSyn for non-pharmaceutical uses of DehydraTECH-sulforaphane
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Lexaria Bioscience Corp. announces the granting of two new patents, bringing their total patent portfolio to 37.
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Lexaria Bioscience Corp. announces securities purchase agreement to raise approximately $1.6 million through registered direct offering and concurrent private placement.
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Lexaria Bioscience Corp. plans to launch new studies to evaluate DehydraTECH-powered GLP-1 drugs for improved bioavailability, cost-effectiveness, and health benefits. The company aims to achieve superior pharmacokinetic performance and lower costs compared to injectables, with reduced side effects. Previous studies have shown the potential of DehydraTECH in improving drug delivery and lowering body weight. This expansion of Lexaria's diabetes study program shows promising prospects for the company's drug delivery platforms.
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FAQ
What is the current stock price of Lexaria Bioscience Warrant (LEXXW)?
The current stock price of Lexaria Bioscience Warrant (LEXXW) is $0.7484 as of November 22, 2024.
What is Lexaria Bioscience Corp. known for?
Lexaria Bioscience Corp. is known for its patented drug delivery technology, DehydraTECH, which enhances the absorption of active pharmaceutical ingredients.
In which segments does Lexaria operate?
Lexaria operates in four main segments: Intellectual Property Licensing, B2B Production, Research and Development, and Corporate.
What are the key benefits of DehydraTECH?
DehydraTECH has shown to increase bio-absorption, reduce onset times, and mask unwanted tastes of active pharmaceutical ingredients.
What is the main goal of Lexaria Bioscience Corp.?
Lexaria aims to revolutionize drug delivery methods and improve outcomes through ongoing research and innovation.
How does DehydraTECH impact drug delivery across the blood-brain barrier?
DehydraTECH has evidenced an ability to deliver some drugs more effectively across the blood-brain barrier, which is crucial for centrally active compounds.
What is the significance of Lexaria's intellectual property portfolio?
With 43 patents granted worldwide, Lexaria's intellectual property portfolio plays a key role in supporting its future business objectives.
Who owns and manufactures GLP-1 drugs like Rybelsus and Ozempic?
GLP-1 drugs like Rybelsus and Ozempic are owned and manufactured by Novo Nordisk.
What is the focus of Lexaria's ongoing research?
Lexaria's ongoing research aims to validate the effectiveness of DehydraTECH in delivering various active pharmaceutical ingredients orally and improving tolerability.
How does Lexaria plan to enhance the delivery of tirzepatide in its latest Study?
Lexaria's latest Study aims to evaluate the absorption and effectiveness of DehydraTECH-processed tirzepatide in an oral dosage format, potentially offering improved tolerability and measurable drug levels in the bloodstream.
What sets Lexaria Bioscience Corp. apart from other innovators in drug delivery platforms?
Lexaria's focus on enhancing drug absorption, reducing onset times, and addressing taste issues sets it apart as a leading innovator in drug delivery platforms.
Lexaria Bioscience Corp. Warrant