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Lexaria Bioscience Corp LEXX

Alternate Symbol(s):  LEXXW

Lexaria Bioscience Corp. is a Canada-based biotechnology company. The Company's patented drug delivery technology, DehydraTECH, improves the way active pharmaceutical ingredients (APIs) enter the bloodstream by promoting more effective oral delivery. DehydraTECH has also evidenced an ability to deliver some drugs effectively across the blood brain barrier. It is advancing several research and development (R&D) activities in both preclinical and clinical programs. Its primary research programs are the investigation of optimal formulations of DehydraTECH-enhanced glucagon-like peptide-1 (GLP-1) and glucose-dependent insulinotropic polypeptide (GIP) drugs as well as the investigation of cannabidiol (CBD) for the reduction of hypertension leading to a cleared IND application by the United States Food and Drug Administration. It operates a licensed in-house research laboratory and holds an intellectual property portfolio with around 46 patents granted and many patents pending worldwide.


NDAQ:LEXX - Post by User

Bullboard Posts
Post by blueboyon Nov 30, 2016 10:46am
91 Views
Post# 25533670

LXX forms a JV AND a licensing deal within the last week...

LXX forms a JV AND a licensing deal within the last week...
which is exactly their business plan.  Develop the technology, get the patents, then partner with others and / or license the technology to generate revenues.  LXX is delivering on their plans - it is just too bad that nobody is taking notice (yet) and purchasing LXX shares.  LXX shares are fairly tightly held, so a bit of buying pressure will push the stock price up...

BB
Bullboard Posts