Lexaria Bioscience Corp. (NASDAQ: LEXX) Stock Information | RedChip

Lexaria Bioscience Corp. (NASDAQ: LEXX)


$2.79
-0.1800 ( -6.06% ) 262.2K

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. The Company has four reportable segments: Intellectual Property Licensing, B2B Production, Research and Development and Corporate. It earns maximum revenue from Intellectual Property Licensing.

Market Data


Open


$2.79

Previous close


$2.97

Volume


262.2K

Market cap


$45.06M

Day range


$2.78 - $3.16

52 week range


$0.73 - $6.85

SEC Fillings


Form Type Description Pages Date
10-q Quarterly Reports 97 Jul 14, 2023

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