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Lexaria Bioscience Corp - Stock Quote LEXX

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Morningstar's Lexaria Bioscience Corp Stock Analysis

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Key Statistics - LEXX

Lexaria Bioscience Corp's Company Profile

Business Description

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.

Contact
740 McCurdy Road, Suite 100
Kelowna, BC, V1X 2P7, Canada
T +1 250 765-6424
Industry Biotechnology
Most Recent Earnings Feb 28, 2022
Fiscal Year End Aug 31, 2022
Stock Type Speculative Growth
Employees 6