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Lexaria Bioscience Corporation

Lexaria Bioscience Corporation (LEXX)

1.43
0.22
( 18.18% )
Updated: 14:48:56

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Key stats and details

Current Price
1.43
Bid
1.41
Ask
1.45
Volume
80,047
1.20 Day's Range 1.4427
1.15 52 Week Range 6.85
Market Cap
Previous Close
1.21
Open
1.20
Last Trade
1000
@
1.43
Last Trade Time
14:48:56
Financial Volume
$ 108,812
VWAP
1.3594
Average Volume (3m)
176,657
Shares Outstanding
17,552,594
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
464k
Net Profit
-5.8M

About Lexaria Bioscience Corporation

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 ins... 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. Show more

Sector
Pharmaceutical Preparations
Industry
Crude Petroleum & Natural Gs
Headquarters
Kelowna, British Columbia, Can
Founded
2014
Lexaria Bioscience Corporation is listed in the Pharmaceutical Preparations sector of the NASDAQ with ticker LEXX. The last closing price for Lexaria Bioscience was $1.21. Over the last year, Lexaria Bioscience shares have traded in a share price range of $ 1.15 to $ 6.85.

Lexaria Bioscience currently has 17,552,594 shares outstanding. The market capitalization of Lexaria Bioscience is $21.24 million.

LEXX Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.08-5.298013245031.511.61.151395331.31488486CS
4-0.34-19.2090395481.771.9111.151331451.4947047CS
12-1.07-42.82.52.52541.151766571.88836949CS
26-2-58.30903790093.433.721.151516702.2427493CS
52-1.7-54.31309904153.136.851.152382643.22487966CS
156-1.86-56.53495440733.296.850.64882115913.01292367CS
260-2.62-64.69135802474.0512.50.64883165494.99742834CS

LEXX - Frequently Asked Questions (FAQ)

What is the current Lexaria Bioscience share price?
The current share price of Lexaria Bioscience is $ 1.43
How many Lexaria Bioscience shares are in issue?
Lexaria Bioscience has 17,552,594 shares in issue
What is the market cap of Lexaria Bioscience?
The market capitalisation of Lexaria Bioscience is USD 21.24M
What is the 1 year trading range for Lexaria Bioscience share price?
Lexaria Bioscience has traded in the range of $ 1.15 to $ 6.85 during the past year
What is the reporting currency for Lexaria Bioscience?
Lexaria Bioscience reports financial results in USD
What is the latest annual turnover for Lexaria Bioscience?
The latest annual turnover of Lexaria Bioscience is USD 464k
What is the latest annual profit for Lexaria Bioscience?
The latest annual profit of Lexaria Bioscience is USD -5.8M
What is the registered address of Lexaria Bioscience?
The registered address for Lexaria Bioscience is 100-740 MCCURDY RD, KELOWNA, BRITISH COLUMBIA, V1X 2P7
What is the Lexaria Bioscience website address?
The website address for Lexaria Bioscience is www.lexariabioscience.com
Which industry sector does Lexaria Bioscience operate in?
Lexaria Bioscience operates in the CRUDE PETROLEUM & NATURAL GS sector

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LEXX Discussion

View Posts
Abundance88 Abundance88 3 days ago
LEXX was unsuccessful with CBD because it wasn't clinically tested and approved for a particular medical affliction. The idea with the oral Liraglutide and/ or CBD for Hypertension is the drugs, after testing and approval, would be the only oral drugs of their kinds in the world and could be subscribed by doctors for whatever they are approved to treat. i.e. hypertension, weight loss, T2 diabetes amongst many other afflictions being discovered all the time! IMO It's definitely a good side bet for them.
https://lexariabioscience.com/2025/02/20/lexarias-strategic-business-pursuit-of-dehydratech-liraglutide/
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damAcon1 damAcon1 4 days ago
Granted new mgmt...but I feel like you might be right. I would like to see it, but seems like an empty threat simply because they could have already had their own products (NSAIDs, ED drugs) if they really wanted to be a manufacturer/producer. If they were serious, and wanted to make products, they would have jumped at knocking off existing drugs when the FDA approved their tech as not altering the carrier drug. Plus, historically, ViPova tea, TurboCBD, Chrgd...not exactly successful products. Their primary goal is still licensing. Maybe the idea of a competing at a product level speeds up an offer?
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harlem111 harlem111 6 days ago
The line about developing their own products -- not too sure about that https://lexariabioscience.com/2025/02/27/the-global-revolution-in-healthcare-driven-by-glp-1-drugs-and-the-role-of-lexaria-bioscience/
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Shawking Shawking 1 week ago
https://mailchi.mp/99c620a576e3/ethics-board-approval-received-for-dehydratech-tirzepatide-glp-1-study-arm?e=aa4bd7bcad
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harlem111 harlem111 2 weeks ago
My guess is more dilution, high R&D expenses by Dr John for rat studies on multiple fronts ( good but big pharma is not. impressed by binders filled with various rat studies) and mgt salaries just for Bunka, Dr John and the new CEO at about a million a year plus perks. A miracle if I get my money back. IMHO GLTA
👍 1
tgx78 tgx78 2 weeks ago
Can someone explain to me why this is dropping like a rock?
👍 1
Shawking Shawking 2 weeks ago

U:LEXX Lexaria's Strategic Business Pursuit of DehydraTECH-Liraglutide
Pursuing the world’s first-ever orally-dosed liraglutide

Kelowna, British Columbia – February 20, 2025 – TheNewswire - Lexaria Bioscience Corp. (Nasdaq: LEXX, LEXXW) (the β€œCompany” or β€œLexaria”), a global innovator in drug delivery platforms, announces that it has made a strategic business decision to further investigate the commercial opportunities and applications for a unique new GLP-1 solution: orally taken liraglutide processed with our wholly-owned DehydraTECH™ enhancement technology.

β€œOur ability to work with liraglutide, which went off-patent last year, is an opportunity that does not often present itself,” said Rich Christopher, CEO of Lexaria. β€œLexaria has already demonstrated that our unique DehydraTECH technology seems to deliver potent oral delivery performance characteristics to liraglutide. This opens the door to the possibility of Lexaria developing and selling the world’s first oral capsule or tablet version of liraglutide.”

As part of that strategic business decision, Lexaria has already filed certain patent applications related to DehydraTECH-enhanced oral liraglutide which, if granted, will further support Lexaria’s ability to commercialize oral DehydraTECH-liraglutide. Presently, there is no oral version of liraglutide available commercially anywhere in the world and Lexaria is hopeful that potential new patent awards in this sector could be of strategic value to the Company.

Lexaria’s patent applications are reinforced by the successful animal study results announced on November 20, 2024 that evidenced superior pharmacodynamic (β€œPD”) performance. In that study, DehydraTECH-liraglutide outperformed the Rybelsus® control group by week 12 both in terms of blood sugar and body weight control, by 11.53% (p
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Monksdream Monksdream 3 weeks ago
LEXX under $2
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harlem111 harlem111 3 weeks ago
The only way Teddy gets interviews is by writing what the MGT wants...
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Shawking Shawking 3 weeks ago
👍️ 1
all4weed all4weed 3 weeks ago
It is known every time this dick head releases his report, the price goes down by 10-15. Both the Chris have been using him to dilute
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Shawking Shawking 3 weeks ago
Why I think Lexaria Bioscience deserves a market cap many times higher…………………..…………p 7
https://4495825a-d729-4d8f-ade8-e78f828e1c8d.usrfiles.com/ugd/449582_35ed41ca581a44afa5feb3df3fe46379.pdf
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Abundance88 Abundance88 3 weeks ago
https://lexariabioscience.com/2025/02/11/lexaria-granted-two-new-dehydratech-patents-for-treatment-of-epilepsy/
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harlem111 harlem111 3 weeks ago
More patents: https://lexariabioscience.com/2025/02/11/lexaria-granted-two-new-dehydratech-patents-for-treatment-of-epilepsy/
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Shawking Shawking 4 weeks ago
https://mailchi.mp/lexariabioscience.com/lexaria-biodistribution-study-for-dehydratech-glp-1-is-underway?e=aa4bd7bcad
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Shawking Shawking 4 weeks ago
https://mailchi.mp/lexariabioscience.com/lexaria-updates-its-ongoing-human-study-glp-1-h24-4?e=aa4bd7bcad
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harlem111 harlem111 1 month ago
CEO LETER ; THINGS A RE GREAT! https://lexariabioscience.com/2025/01/30/lexaria-releases-annual-letter-from-the-ceo-3/
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harlem111 harlem111 1 month ago
S-3 Filed with SEC This prospectus is part of a registration statement on Form S-3 that we filed with the Securities and Exchange Commission, or the SEC, using a "shelf” registration or continuous offering process. Under this shelf registration process, we may, from time to time, sell any combination of the securities described in this prospectus in one or more offerings up to a total aggregate offering price of $50,000,000.
FORM S-3
REGISTRATION STATEMENT. https://s3.amazonaws.com/sec.irpass.cc/2978/0001640334-25-000146.htm
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Shawking Shawking 1 month ago
https://www.theguardian.com/society/2025/jan/20/weight-loss-jabs-linked-to-reduced-risk-of-42-conditions-including-dementia
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damAcon1 damAcon1 2 months ago
I wish they would add before/after muscle mass measurements to their Diabetes and Weight Loss testing parameters.

I would also be interested to see if they can somehow get involved in testing their GLP-1 pill to help treat addiction:

https://pennstatehealthnews.org/2024/04/qa-can-weight-loss-drugs-help-in-addiction-treatment/
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Shawking Shawking 2 months ago
Lexaria's January Presentation
https://d2ghdaxqb194v2.cloudfront.net/2978/195874.pdf
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Shawking Shawking 2 months ago
https://mailchi.mp/lexariabioscience.com/lexarias-human-glp-1-study-5-receives-independent-review-board-approval?e=aa4bd7bcad
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tgx78 tgx78 2 months ago
Did they diluted this morning? Volume was around 2 million already early morning.
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harlem111 harlem111 2 months ago
Just the salaries for Bunka, Dr J and Christopher are close to One million/yr plus perks and stock... thus one reason for a another raise...like these three need one.
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harlem111 harlem111 2 months ago
Dr J has been on a do everything expedition for R & D as though $ is free - of course to him it is. Has filled a lot of binders but that is all.
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damAcon1 damAcon1 2 months ago
It would be easy to accept if it is for FDA phase 1b IND studies.
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tedpeele tedpeele 2 months ago
Yeah, that was disappointing. I’m hoping it’s just early traders getting scared, but I don’t know.
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harlem111 harlem111 2 months ago
My guess is another raise
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damAcon1 damAcon1 2 months ago
Thought the exact same. Not sure why it dropped but typically with news the company dilutes. I assume this is the reason today?
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tedpeele tedpeele 2 months ago
This looks like a very good report. Oral treatment would be incredible. Half the adverse effects, and moving forward to study it more.

Looks ripe for a rebound
👍️ 1
damAcon1 damAcon1 2 months ago
https://lexariabioscience.com/2025/01/14/lexarias-oral-dehydratech-tirzepatide-reduces-side-effects-by-half-with-comparable-efficacy-versus-eli-lillys-injectable-glp-1-gip-drug-zepbound/
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harlem111 harlem111 2 months ago
10 Q IS OUT: https://s3.amazonaws.com/sec.irpass.cc/2978/0001640334-25-000058.htm
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harlem111 harlem111 2 months ago
New SEC filing -- Take a look at Bunka's holdings that he "Earned???" https://s3.amazonaws.com/sec.irpass.cc/2978/0001348362-25-000001.htm. Maybe something good will come out the shareholders meeting.
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harlem111 harlem111 2 months ago
Interesting that Dr J had a clause put into his compensation should control of the company change...and today more shares for insiders
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harlem111 harlem111 2 months ago
MORE for mgt--https://s3.amazonaws.com/sec.irpass.cc/2978/0001640334-25-000018.htm
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harlem111 harlem111 2 months ago
As of the moment MGT has made gains for themselves..,
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Monroe1 Monroe1 2 months ago
well taken care of. kind of a pisser to reward before the big gains. like these guys don't make enough already. then we hear the excuses they must be rewarded to attract and keep them on board.
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harlem111 harlem111 2 months ago
DR John getting taken care of:: SEC FILING --https://s3.amazonaws.com/sec.irpass.cc/2978/0001640334-25-000009.htm. GLTA
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Shawking Shawking 2 months ago
https://scitechdaily.com/one-step-closer-to-a-cure-breakthrough-harmine-pill-sparks-hope-for-500-million-diabetics-worldwide/
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Shawking Shawking 2 months ago
Special Report: Positive interview with new Lexaria CEO Richard Christopher………….………..…..p 5
https://4495825a-d729-4d8f-ade8-e78f828e1c8d.usrfiles.com/ugd/449582_489f4449167841c7a10795654a27a169.pdf
👍️ 1
Shawking Shawking 2 months ago
https://scitechdaily.com/a-new-way-to-treat-obesity-scientists-discover-brain-molecules-that-control-food-cravings/?fbclid=IwY2xjawHVSg5leHRuA2FlbQIxMQABHaWu6OvEsm4A_GJOyL9J0nqeoXv4bteRR64L7x3FVatGhARa91bxwVw80g_aem_gHScQVBUijW8Po92ag6LWQ
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Abundance88 Abundance88 3 months ago
Big milestone!! First ever Lexaria clinical study has begun! Great news.
👍️ 2 😀 1
Shawking Shawking 3 months ago
https://mailchi.mp/lexariabioscience.com/lexarias-registered-glp-1-study-4-begins-dosing?e=aa4bd7bcad
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harlem111 harlem111 3 months ago
8K OUT: https://s3.amazonaws.com/sec.irpass.cc/2978/0001640334-24-001908.htm
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Shawking Shawking 3 months ago
https://mailchi.mp/lexariabioscience.com/lexaria-forms-new-scientific-advisory-board?e=aa4bd7bcad
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Shawking Shawking 3 months ago
Will Dr. Gibson and Oxford University be involved in the Hypertension trial?
https://www.bidmc.org/research/research-by-department/medicine/cardiovascular-medicine/academic-research-organizations
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Shawking Shawking 3 months ago
Esteemed Harvard Medical School Professor Dr. Michael Gibson Appointed Chief Medical Advisor at Lexaria Bioscience

Dr. Gibson joining Lexaria's new scientific advisor board

KELOWNA, BC / ACCESSWIRE / December 17, 2024 / Lexaria Bioscience Corp. (NASDAQ:LEXX)(NASDAQ:LEXXW) (the "Company" or "Lexaria"), a global innovator in drug delivery platforms, announces the appointment of Dr. Michael Gibson as its new Chief Medical Advisor. Dr. Gibson will collaborate directly with President John Docherty as Lexaria's patented DehydraTECH drug delivery platform continues to expand its applications in GLP-1 and hypertension.

C. Michael Gibson M.S., M.D., is an interventional cardiologist, cardiovascular researcher & educator. He is the CEO of the combined non-profit Baim and PERFUSE research institutes at Harvard Medical School. Gibson founded PERFUSE in 1987 which served as the TIMI Data coordinating center that coordinated data for the first 50 TIMI trials. The Baim institute was formerly known as Harvard Clinical Research Institute and was founded in 2000.

The combined institutes have led over 1,250 studies, published 5,500 manuscripts in peer review literature (including 144 in the New England Journal of Medicine) and have led 70 FDA submissions from their network of 7,000 sites in 57 countries worldwide. Since 2014, Gibson has consistently been ranked as one of the world's most highly cited authors in all of science by Thomson Reuters. In 2021, he was named one of the Fifty of the Most Influential Voices in Healthcare by Medika Life. His work has been cited over 170,000 times.

"Lexaria's drug delivery technology offers exciting new pathways towards improving pharmacokinetic drug performance that could unlock a new era of reduced drug waste and adverse side effects combined with enhanced efficacy," said Dr. Gibson. "I'm excited to pursue new and improved applications for this exciting technology."

"Dr. Gibson has a wealth of knowledge and experience that will benefit Lexaria, particularly in the area of hypertension which remains an area of intense interest for Lexaria," said John Docherty, President. "On behalf of everyone at Lexaria, I welcome Dr. Gibson's contributions as our new Chief Medial Advisor and member of our scientific advisory board."

As Chief Medical Advisor, Dr. Gibson will participate with other scientific and medical experts within Lexaria's newly-formed scientific advisory board in pursuing Lexaria's prioritized objectives in the fields of drug delivery optimization.

Dr. Gibson has led phase 1-4 clinical trials, and cardiology megatrials of over 34,000 patients which eventuate in international approval of drugs like prasugrel, rivaroxaban, betrixaban and andexanet as well as devices such as one that alarms to alert a patient to heart attack. He founded WikiDoc.org and WikiPatient.org and is Editor-In-Chief of over 2,200 active contributors who have edited the content of over 100,000 chapters millions of times over the past 15 years. Gibson also founded www.clinicaltrialresults.org. Gibson serves as Chief Medical Correspondent for the American College of Cardiology. Gibson has over 435,000 followers on social media where he is a leading influencer, second only to Sanjay Gupta in some polls

About Lexaria Bioscience Corp. & DehydraTECH

DehydraTECH™ is Lexaria's patented drug delivery formulation and processing platform technology which improves the way active pharmaceutical ingredients (APIs) enter the bloodstream through oral delivery. Since 2016, Lexaria has developed and investigated DehydraTECH with a variety of beneficial molecules in oral and topical formats. DehydraTECH has repeatedly demonstrated the ability to increase bio-absorption and has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier, which Lexaria believes to be of particular importance for centrally active compounds. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio with 46 patents granted and many patents pending worldwide. For more information, please visit www.lexariabioscience.com.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements. Statements as such term is defined under applicable securities laws. These statements may be identified by words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions. Such forward-looking statements in this press release include, but are not limited to, statements by the company relating the Company's ability to carry out research initiatives, receive regulatory approvals or grants or experience positive effects or results from any research or study. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that the Company will actually achieve the plans, intentions, or expectations disclosed in these forward-looking statements. As such, you should not place undue reliance on these forward-looking statements. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation and regulatory approvals, managing and maintaining growth, the effect of adverse publicity, litigation, competition, scientific discovery, the patent application and approval process, potential adverse effects arising from the testing or use of products utilizing the DehydraTECH technology, the Company's ability to maintain existing collaborations and realize the benefits thereof, delays or cancellations of planned R&D that could occur related to pandemics or for other reasons, and other factors which may be identified from time to time in the Company's public announcements and periodic filings with the US Securities and Exchange Commission on EDGAR. The Company provides links to third-party websites only as a courtesy to readers and disclaims any responsibility for the thoroughness, accuracy or timeliness of information at third-party websites. There is no assurance that any of Lexaria's postulated uses, benefits, or advantages for the patented and patent-pending technology will in fact be realized in any manner or in any part. No statement herein has been evaluated by the Food and Drug Administration (FDA). Lexaria-associated products are not intended to diagnose, treat, cure or prevent any disease. Any forward-looking statements contained in this release speak only as of the date hereof, and the Company expressly disclaims any obligation to update any forward-looking statements or links to third-party websites contained herein, whether as a result of any new information, future events, changed circumstances or otherwise, except as otherwise required by law.

INVESTOR CONTACT:

George Jurcic - Head of Investor Relations
ir@lexariabioscience.com
Phone: 250-765-6424, ext 202

SOURCE: Lexaria Bioscience Corp.
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harlem111 harlem111 3 months ago
SEC FILING TODAY: https://s3.amazonaws.com/sec.irpass.cc/2978/0001640334-24-001893.htm#a7
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Shawking Shawking 3 months ago
Epidiolex(CBD) to be tested for psychosis in clinical trial.
https://www.nature.com/articles/s41591-024-03383-y.epdf?sharing_token=NFA7NDYtTS0ZRsTRHT7ZutRgN0jAjWel9jnR3ZoTv0MVhSv3wC-EELnLsdOkhOVURlkhM34-KkFvGlRWpPdfpsS3QQdX0H5r4ZoGmv7Dyum8hWvkAaFm33y3VChjQwRY0mBbjbpBksYL9CnwoagXDkJmMcuQvsrZp6MtrE2uCFE%3D
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Shawking Shawking 3 months ago
https://mailchi.mp/lexariabioscience.com/liraglutide-processed-with-dehydratech-to-be-studied-in-human-glp-1-study-5?e=aa4bd7bcad
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