Company Data
Lexaria Bioscience Corp.
Ticker
LEXX
Current Price
$1.45 1.4%
Market Cap
$25.5M
Price Target
Refer to Report
Volume
222.6K
52wk Range
$1.382 - $6.85
Overview
Lexaria Bioscience Corp’s patented drug delivery technology, DehydraTECH improves the way active pharmaceutical ingredients enter the bloodstream by promoting more effective oral delivery. DehydraTECH has the ability to increase bio-absorption with cannabinoids and nicotine by 5-10x and, in some instances with cannabinoids by as much as 27x compared to standard industry formulations, reduce the time of onset from 1-2 hours to minutes, and mask unwanted tastes. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio.