Lexaria Bioscience Corp. Evaluating Proprietary Drug-Delivery Platform For Improved Efficacy Of GLP-1 Drugs
Portfolio Pulse from Benzinga Newsdesk
Lexaria Bioscience Corp. (NASDAQ:LEXX) is evaluating its proprietary drug-delivery platform, DehydraTECH, for improved efficacy of GLP-1 drugs. The company began diabetes-related studies last year, which showed reduced blood-sugar levels and lowered body weight. Lexaria is planning to launch new human and animal studies to examine whether DehydraTECH processing can make GLP-1 drugs such as semaglutide even better.
October 31, 2023 | 12:43 pm
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Lexaria Bioscience Corp. is evaluating its DehydraTECH platform for improved efficacy of GLP-1 drugs. This could potentially lead to a breakthrough in diabetes and obesity treatment.
The news about Lexaria Bioscience Corp. evaluating its DehydraTECH platform for improved efficacy of GLP-1 drugs is directly related to the company. If successful, this could potentially lead to a breakthrough in diabetes and obesity treatment, which could significantly boost the company's stock.
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