Lexaria's Plans To Study Weight Loss And Diabetes Control In A Human Clinical Study With DehydraTECH-CBD
Portfolio Pulse from Happy Mohamed
Lexaria Bioscience Corp. plans to conduct a human clinical study to examine DehydraTECH-CBD for diabetes control and weight loss, following successful pre-clinical results. The study will be conducted at a medical research hospital in Europe, with further details to be released. The company hopes to determine the potential of DehydraTECH-CBD for the treatment of diabetes and its complications.
August 04, 2023 | 11:16 am
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POSITIVE IMPACT
Lexaria's planned human clinical study on DehydraTECH-CBD for diabetes control and weight loss could potentially boost the company's profile and stock value if successful.
The announcement of a new clinical study indicates Lexaria's commitment to innovation and could potentially lead to a new product offering. If the study is successful, it could increase the company's market share and stock value.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The planned human clinical study on DehydraTECH-CBD for diabetes control and weight loss by Lexaria could potentially increase the value of LEXXW.
The announcement of a new clinical study indicates Lexaria's commitment to innovation and could potentially lead to a new product offering. If the study is successful, it could increase the company's market share and the value of LEXXW.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100