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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. (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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Lexaria Bioscience Corp provides an update on the status of its anticipated submission of an IND application for its U.S. Phase 1b Hypertension Clinical Trial. The company has completed batch manufacturing of DehydraTECH-processed cannabidiol and placebo materials. However, delays from a material supplier have prevented the submission of the IND package to the FDA. Lexaria continues to work on the application and will provide updates as they become available.
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Lexaria Bioscience Corp. plans to conduct a human clinical study to examine DehydraTECH-CBD for diabetes control and weight loss. Pre-clinical studies showed significant improvements in blood glucose levels, body weight, locomotor activity, triglyceride levels, and blood urea nitrogen levels. The company intends to conduct the study in a cost-effective manner at a medical research hospital in Europe. The research aims to determine the potential of DehydraTECH-CBD for the treatment of diabetes and its complications.
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Lexaria Bioscience Corp. announces the incorporation of a new subsidiary, Lexaria Nutraceutical Corp., to maximize the potential of its patented DehydraTECH Technology in various markets. The subsidiary has an exclusive perpetual license to utilize the technology for creating consumer packaged goods and intermediate ingredients, excluding nicotine and cannabis. The license agreement with Lexaria Pharmaceutical Corp. has been amended to focus solely on the manufacture of pharmaceutical products. The company also expects to release results of its human oral nicotine study within the next two weeks.
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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 $0.8059 as of December 26, 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