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Major breakthrough, dehydratech found to be able to take investors money 10x faster than competitors.
About GD Time Already right MB! I hope I'm not dead by the time this goes over $10 + I feel like I've been here a lifetime waiting on Dehydratech to shine LETS GOOOOOO!!!
Looks like Invenomic Capital Management has 8.01% of the outstanding shares, just behind Chris Bunka. Nice to see such big name players involved.
Lexaria Institutional Holdings Update
Hello Lexaria Community,
Just a quick note directed mostly to our shareholders. We’ve had some pleasant developments unfolding lately that we wanted to ensure you were aware of.
Simply stated, our exposure to institutional analysts and investors is increasing. Notwithstanding the challenging market environment, our progress with human clinical trials and other applied R&D seems to be paying off with those people who are particularly familiar with the biotech industry.
Why do we say that? Because the fraction of our company owned by institutions is increasing. According to the latest data recently published at Nasdaq our institutional ownership is now 11.6% which is the highest it has been during 2022. As a reminder, we only have 5.95 million shares issued and outstanding, which is a very low number within our peer group of companies.
The table below shows our ten largest institutional shareholders according to their latest regulatory filings. Collectively, all our institutional shareholders own 690,344 shares according to their disclosures.
OWNER NAME SHARES HELD VALUE $ (IN 1,000S)
Invenomic Capital Management LP 473,103 1,017
Geode Capital Management, LLC 49,002 105
Susquehanna International Group, LLP 40,119 86
Vanguard Group Inc 33,164 71
Citadel Advisors LLC 24,874 53
Dimensional Fund Advisors LP 15,264 33
Centiva Capital, LP 13,259 29
Two Sigma Investments, LP 13,063 28
Renaissance Technologies LLC 11,900 26
UBS Group AG 6,398 14
In addition, I personally purchased an additional 38,500 shares of our common stock in October, in the open market, to hold a little more than 520,000 shares in total: I remain the largest shareholder of Lexaria and my conviction in the long-term prospects of this company is stronger than ever.
I’ve also been delighted to see a number of private shareholders greatly adding to their positions during recent weeks: you know who you are and we appreciate your support!
Thanksgiving is around the corner for all our US stakeholders: we wish you a safe and joyous holiday and prosperity to come!
Chris Bunka
CEO, Lexaria Bioscience Corp.
https://www.newsfilecorp.com/release/145019
Lexaria Bioscience Turns Focus to Dementia and Diabetes with New Studies
Premier Wellness just announced the launch of their new products using DehydraTECH at the end of July, so there's been barely a quarter of sales so far, so I don't know how you can say that they are not 'generating a lot of revenue and profits from their products made with DehydraTECH ...' Also Lexaria can only report sales and revenue on a quarterly basis.
Also, in regards to exclusivity, Premier is paying for that market advantage so obviously LEXX would not be even trying to negotiate deals with competitors in Japan.
So Bumka gets to live the good life after cheating us out of our hard earned money, due diligence is difficult to do when the ceo misleads everyone. Like Lemmy said "EAT THE RICH"
I mean, as much as I agree with you, this has been the status quo at this company the entire time. To say they will "eventually" want answers is such an understatement. The issue is that there is absolutely no way to hold anyone accountable here. It won't change. The onus here is on the investors, they should be aware of the structure and invest at their own risk. The company is an absolute joke
Altria put a little money in, kept an eye on it, and ended up passing. Doubtful that any large tobacco company comes in for another deal anytime soon.
The company is just an annuity for him
Ha, this deal is a joke.
payments could be very significant, but the chances they happen are small. Have you heard a single word about them yet?
Also, the payments are for exclusivity. In order for them to want to pay that much for exclusivity, they would have to see LEXX coming close to making valuable deals with competitors (which they aren't,) AND would have to be generating a ALOT of revenue and profits from their products made with DehydraTECH, which they AREN'T.
Also, payments start September 1, 2022, we are well past that date and haven't heard a word. This was another nonsense deal and announcement.
More deals sounds good to me. Especially large ones with big tobacco or pharma please.
Hadn’t forgotten but this deal just won’t suffice. More deals needed. Way more.
Did you forget about the huge deal we made this summer with Premier in Japan?
"In order to retain ongoing exclusivity, the negotiated minimum quarterly payments ("Payments") to Lexaria begin September 1, 2022 and, during the first five years of the Agreement, amount to US$4,527,500. Assuming that Premier continues to submit all required payments, the license for the Japanese market is perpetual.
In addition to the Payments, Lexaria will also receive royalty revenue from DehydraTECH licensed product sales, the terms of which have been agreed to. Total revenue is expected to be significantly greater than the minimum Payments if Premier is capable of meeting its expected revenue targets. If Premier achieves even their worst-case projected penetration into the Japanese non-pharmaceutical CBD market, then based on their projections Lexaria could expect to receive annual payments of over $5 million by the fifth year of the contract".
This money will pay quite a few bills going forward and I'm sure Chris is working hard on more deals as we speak.
The tech appears very innovative however, the CEO Bunka should be replaced in my opinion. Pays himself an inflated package but is yet to significantly monetize the business to merit or justify it.
New, more capable CEO preferred to sign deals and create shareholder value.
Bag holders mostly at this point we “Long” investors are.
It is when CBD by itself isn't doing the job required of it. Also, if JAZZ could easily run trials for additional uses then why haven't they? Possibly because plain old CBD isn't bio-available enough??
For those who remain optimistic about this stock: is there any identifiable point at which you would become a skeptic, if by that point the stock doesn't deliver? Like, a month and year? At what point does the adherence become sort of cult-like in its manifestation?
Jazz doesn't need Dehydratech.
I didn't mean Jazz could run a trial with Dehydratech. I meant that Jazz could easily run trials for additional uses for an already approved drug, Epiliodex and get it approved pretty quickly, years before LEXX. One of these could be hypertension.
As said before, CBD is the important component to the drug, NOT dehydratech, which is the delivery platform. Yes I agree dehydratech makes it more bioavailable, but CBD is cheap enough to produce with almost no side effects, so lowering the amount needed isn't extremely helpful
I'm not cruising, I keep tabs as someone who has traded in the stock and used to hold it as well.
That being said, you're sarcasm is pretty hilarious considering anyone holding this stock HAS been losing the majority of what's been invested in it
Check this out from Dilly at CEO_ca. Mega You-tuber "Whistlin' Diesel" is advertising Cannadips in this video from yesterday that already has over a million views. See ad just after 2.5 minutes :).
Good thing we have honest folk like yourself just cruising the stock boards to help out all the stupid traders that are losing all their money. Appreciate it...LOL.
Jazz couldn't run a trial with DehydraTECH because they haven't bought it yet. CBD is made more bio-available with DehydraTECH to the point that it can make lipophylic drugs and cannabinoids that aren't quite good enough viable and it can make drugs that are useful better.
Read this it's good advice and insight I promise
Some folks here, you know who they are, do not have your best interest at heart, they are likely buying and selling on small pumps. The more you dig into this company the more it looks bad. There's a reason they've never produced any value.
In my younger years I made some good money on this company, knowing full well it was likely trash but it was a good trade when weed what the hottest thing in the markets. I held a bit longer and lost a bit of it. I keep an eye on LEXX, mostly just to see if there are small trades to be made to make some quick money, because when it moves, it moves a lot.
Long-term, this is absolutely not a buy and hold company, its ALWAYS comes back down. I am a professional investor primarily in biopharma. I have traded this stock here and there on the side. I made a lot of money of GWPH as they were developing Epiliodex.
There is a right way and a wrong way to develop drugs, and these little side studies by LEXX are barely even "proof of concept" and the concept they are proving has already been proved. To get FDA approval for something that already exists it needs to exhibit a clear difference and benefit to the patient. Dehydratech is a great technology if it does that they say, and could be very useful, but it's not good enough for LEXX to do anything other than maybe license it to others.
Every company in this space is very aware of what everyone else is doing, so it's safe to say that any potential partners, if they've even been spoken to, don't see a tremendous benefits to LEXX's delivery platform. Altria, for example, put a paltry amount of money as a call option into LEXX, then decided it wasn't even worth pocket change to put more in.
Those thinking Altria missed out...you don't know more than them. The best advice I can give you is to sell this PoS, it's barely a viable company with nothing developed and almost no progress and no money.
Now here is a very important part if they want to advance any trials AT ALL.
- The company has $7mm of cash, they would need A LOT more to even get data that a larger pharma would care about. The market cap is $12mm...so if they even want to raise $10mm, they would dilute shareholders by almost 50%...That's the main problem with tiny biotech companies....raising ANY cash is insanely dilutive.
I am not a "basher," which is what pumpers refer to someone who says negative things about a company. I am not short this stock, I'd love for it to succeed and I'll keep checking in here and there. I know a lot of folks here are just saying positive things to get new people and others to keep the faith in this company, but if you are a small retail investor hoping for a lifechanging stock win, I can almost guarantee you, the best return in the foreseeable future with this stock, will be the tax savings that will come from selling. Keep an eye out, they will raise more money and the stock will not go up in a significant way until that happens.
They declared their hypertension study a success. They would still be a very long way away from having this be an approved drug with the FDA.
Jazz, which owns Epiliodex, could run an identical trial at scale, with epiliodex for an additional indication in a heartbeat and just add that to the list of things epiliodex can be prescribed for. Because as discussed. CBD is the main thing here, not Dehydratech. Sure they can use smaller doses with LEXX, BUT CBD is pretty non-toxic and very cheap, so smaller doses doesn't help much
They have enerv even come close to finding a partner on anything they've done, for a reason. I don't think they have the goods and I think the company is an annuity for Bunka that he knows will never do much.
Also, CBD, which is what epiliodex, doesn't harm the liver, CBD in fact is helpful if anything. So there is no need to "protect the liver" from something like epiliodex.
Also, other potential brain benefits doesn't help sell a drug that is largely identical to another of the size of epiliodex if that's not specifically proven in a large study over time. Anecdotes like that are irrelevant.
I didn't miss it, I just see how long its taken and how it's unlikely to be a big drug in this space to be honest. I keep tabs on the stock as I sold a while back but keep trying to decide if I want to get back in.
Last time I wrote a long bit on the shortcomings of the hyper study was summer 2021 I think, stock down 60% or so since then.
Was there news this am?
It's also interesting how he was conveniently wrong about the epilepsy study. First of all it may be 'insanely expensive' to commercialize a drug, but Lexaria has repeatedly said that it's not their intention to commercialize it on their own. It's their intention to partner with a pharma company. Secondly DehydraTECH has more benefits than just the speed of absorption, it has also proven to greatly assist APIs to cross the blood brain barrier which would have obvious benefits in treating many neurological conditions including epilepsy. It's expected that CBD DehydraTECH would have greater efficacy at a lower dose and help protect the liver at the same time reducing the cost of the API.
Strange how you conveniently missed the most important news that LEXX will be issuing in the next couple of weeks as per Bunka's update posted by Shawking a couple of days ago:
Hypertension study Hyper-H21-4 - "Hypertension results are a bit slow in coming from the clinicians in part due to the sheer volume of work. But it is starting to arrive (finally) and we should have initial results to report in the next two weeks or maybe even less."
but hey, go ahead and sell all your shares as you suggest, lol ;)
Thanks for your support.
Tax sales
Everyone here, or almost everyone, I have to assume has a losing position on this stock. I don't believe it will go anywhere but some pump and dumps for the company to issue more equity.
Certainly nothing big happening in the next 30 days.
You should all sell for the tax loss and then re-assess whether or not to buy back in 31 days later. I bet most of you will decide that there is a better use for that cash than this stock and it will free you from this constant waiting and slow death of its value.
The tobacco study doesn't matter much, ON! and Zyn have the market outside of the traditional dips and side effects aren't bad enough for people to care about dehydratech,
The epilepsy study is also fairly hopeless. Epiliodex is already on pace to be a $1bn drug in the next couple of years and the amount of money it would take to crack that market and take share is far more than LEXX will ever have. Commercialization is insanely expensive. They also would have to be significantly better in order to win approval or show much better in the side effects department. I don't think that one has legs. Their tech has more to do with absorption speeds than anything else and epiliodex is a daily medicine not an as needed medicine, so speed isn't important.
More pressure for alternative methods of nicotine ingestion.
https://www.cnn.com/2022/10/18/health/e-cigarette-manufacturers-fda-justice-department/index.html
Ted Ohashi-Let's Toke Business Pg. 4
https://4495825a-d729-4d8f-ade8-e78f828e1c8d.usrfiles.com/ugd/449582_64527d5a1e9c4fbdb6a787d341325532.pdf
Did we lose out? That's a question that is redundant and will never be answered. One could argue IQOS is competition like a truck is competition for a car but Heat not Burn devices are not oral nicotine or pouches or patches. Lexaria's nicotine products are also designed to help smokers and vapers move to a less harmful method of nicotine intake but in a different way. Any nicotine company like Altria, PMI, Bat or Swedish Match etc could still decide to invest a game changing amount of money into Lexaria at any time. The fact that they haven't yet is not any proof they won't.
Altria has just mentioned in this latest deal that they now have a couple of billion dollars of which they could allocate more towards their "Moving Beyond Smoking" line of products of which some of that money may hopefully find it's way into Lexaria's coffers. Altria also happens to be testing DehydraTECH on an ongoing basis. We are also starting a study within a couple of weeks to compare DehydraTECH pouches to leading nicotine pouches from Altria and Sweedish Match. Things could be changing for us in the near future. Good luck to all longs!
So according to seeking alpha PMI is paying Altria some billion dollars for the US right to IQOS heated tobacco products. So is this IQOS in competition with Lexaria's DehydraTech?
Did we lose out?
Well that's certainly nice to see, that's a fair Bunka Chunka change. Thanks for that bit of info.
Thanks Shawking. The waiting sucks.
Also, it seems Chris bought 38,500 shares yesterday according to this Sedar Document. https://ir.lexariabioscience.com/sec-filings/all-sec-filings##document-1768-0001855763-22-000019-2
Update from Chris Bunka
Hypertension study Hyper-H21-4- "Hypertension results are a bit slow in coming from the clinicians in part due to the sheer volume of work. But it is starting to arrive (finally) and we should have initial results to report in the next two weeks or maybe even less."
Epilepsy research EPIL-A21-1 - "Epilepsy study is ongoing. It turns out that it is a really complex series of studies. and earlier in the summer we had to re-calibrate certain things that cost us nearly two months. That said, we are nearing the end of the first "half" and expect to have results from that portion in November."
Human nicotine study NIC-H22-1- "We've been waiting for some time for IRB approval on the nicotine study - that's an independent entity and they told us originally they would need 7-10 days: instead we have been waiting over a month. Should be achieved "soon".
Irrespective of management failings who can afford to keep selling this down? I been here 8 years and with RS and and everything else that has gone on every sale would be a loss unless it’s the company
Kevin sorry to say I agree-- Bunka should eat shet and dye like the lying, self serving, POS maggat he is imho someone may disagree -- please look at pps of crap for investors and $600k plus comp per year for Bunko and DR doom.
Markets are tanking everywhere only way to make a profit is to invest in gun manufacturers or bullet manufacturers. No one will be buying pharmaceuticals
In the near future. Who knows maybe A.I can save the world because people are doing a lousy job.
Ted Ohashi
https://4495825a-d729-4d8f-ade8-e78f828e1c8d.usrfiles.com/ugd/449582_053e7eb435cb4b13a3bec8289cef44bd.pdf
Lexaria Bioscience (NASDAQ: LEXX) (NASDAQ: LEXXW) has a well developed, drug delivery platform technology, DehydraTECH™, that helps the body absorb fat soluble Active Pharmaceutical Ingredients (APIs) such as cannabinoids, oral nicotine, antiviral drugs, PDE5 Inhibitors, vitamins and other molecules. Although water soluble molecules are well absorbed, fat soluble drugs aren’t and LEXX’s technology facilitates the oral delivery of fat soluble drugs more rapidly and efficiently which has profound implications for a number of drugs. For example, LEXX is working to implement commercial strategies around this technology including a recently started FDA registration using LEXX’s proprietary DehydraTECH™- CBD for the treatment of hypertension. Because of the preparatory work done,
LEXX’s application to the FDA was well received and as a result, it is expected to start at an advanced position somewhere in the range of Step 3, Phase 1(a) and Step 3, Phase 11(a). Management expects to be ready to begin the process by March/April 2023 after receiving FDA approval of their formal application. In addition, in September/October 2022, LEXX will likely publish the results from the most recent human clinical studies.
There are two other points to consider:
(1) DehydraTECH™- CBD tests have given indications it also improves the arterial elasticity. One of the causes of heart disease is a stiffening or hardening of the arteries that results in higher blood pressure. It requires more work but it could mean that DehydraTECH™- CBD is restoring some of the bodies natural function of healthy arteries. This would be a spectacular outcome.
(2) At around this point in time, management’s plan was to partner with a major pharmaceutical company that would carry the project forward. The plan may have changed and that approach would be interesting as well. But I guess over the next 12 – 18 months, LEXX might announce a partner in their hypertension approval process.
In addition, the technology has demonstrated apparent advantages in delivering APIs across the blood brain barrier. This is another high potential avenue to explore but in LEXX’s case it has been associated with the oral delivery of nicotine which may be of interest to every major tobacco company in the world.
Working along these lines means LEXX deals with Fortune 500 companies. It is known, they have made various agreements with companies such as announced on April 11, 2022 new agreements with Altria Client Services, associated with Altria Group (NYSE: MO) with a market cap of approximately $75 billion. On August 31, 2020, Lexaria announced a research and development project with British American Tobacco (LON: BATS) with a market cap of approximately $76 billion. On January 15, 2019, Lexaria Nicotine announced agreements with Altria Ventures, a subsidiary of Altria Group.
LEXX management has experience with dealing with multi-billion dollar market cap companies.
I have had experience in the past working with small and microcap resource exploration companies that have made agreements with large cap mining operators. I know how difficult it is for a small or microcap company to work with a Fortune 500 operator. The small cap company needs news to sustain interest in their shares. The large cap company believes the less information they share with others, the better. As a result, I am not surprised that these associations have not produced outstanding10 results. But that doesn’t mean there isn’t any. In fact, the better the results to the Fortune 500 company, the more tight lipped they will tend to be. Although this means we are left waiting for news of some
development, we shouldn’t forget these agreements have been made and are being worked on.
Not to be overlooked is the Intellectual Property (IP) portfolio LEXX has built up. The company owns 27 patents worldwide covering DehydraTECH™ with 50 patents pending. This portfolio is an asset with value that should increase as LEXX’s commercial interests expand internationally. The most recent patent was issued by Mexico and covered heart disease. This could be important because Mexico, along with the U.S. and Canada, are part of the North American Free Trade Agreement (NAFTA) that was the first international trade agreement to protect intellectual property rights recognizing the rights of intellectual property holders.
Conclusion: with Lexaria Bioscience (NASDAQ: LEXX) (NASDAQ: LEXXW) we have a small cap company with large cap aspirations. When I look back at my original report on LEXX, there is very little taking place that wasn’t anticipated
seven years ago. A combination of business acumen, hard work and a touch of
luck has brought the company to the verge of breakthrough success. For investors, a little courage with a pinch of patience will produce massive return potential from current levels.
Hypertension, nicotine, Vitamins, etc. and it appears that no one gives a crap about the GREAT RESULTS? It does not make sense. Bunka needs to pull a rabbit out of his hat soon! I am in the same boat with Nosibar... glta
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Lexaria Bioscience Corp. (CSE:LXX; OTCQX:LXRP) has developed and out-licenses its disruptive and cost-effective DehydraTECH™ technology that promotes healthier administration methods, lower overall dosing and higher effectiveness of ingestible drugs and other beneficial molecules.
Lexaria’s DehydraTECHTM delivery technology is protected by a robust suite of patents granted or pending worldwide and is proven effective in multiple international studies in greatly assisting rapidity and quantity of absorption of a range of lipophilic (i.e., fat-soluble), bioactive molecules. By significantly enhancing the performance and experience with oral ingestion, Lexaria’s DehydraTECH delivery technology offers a viable and often healthier alternative to other delivery methods for bioactive substances in widespread use today such as inhalational delivery through smoking.
Lexaria’s patented technology, DehydraTECH™ delivers these important benefits:
Eliminates the strong tastes/odors of lipophilic compounds, without the need for unwanted sugar or sweeteners
Effects are felt within 15-20 min vs. 60-120 min.
Initial testing indirectly evidences DehydraTECH may deliver ingested molecules through the lymphatic system instead of being subject to immediate “first pass” liver exposure, potentially mitigating unwanted side effects and reducing liver biotransformation.
Bio-absorption increases up to 3 – 10X, to equate or exceed that of other routes of administration like inhalational delivery.
Lexaria’s DehydraTECH™ is designed specifically for formulating and delivering lipophilic (i.e. fat-soluble) drug payloads. It is patented or patent-pending for use with a broad range of bioactive molecules, including but not limited to:
Lexaria Bioscience Corp. (“Lexaria”) has formed the Lexaria Nicotine Corp. as its exclusive worldwide nicotine business unit. More than 89% of all nicotine that is consumed worldwide is delivered through smoking cigarettes. Approximately 6,000,000 deaths per year around the world are attributed primarily to the delivery of nicotine through the act of smoking according to the Centers for Disease Control and Prevention. Of note: “…it is primarily the toxins and carcinogens in tobacco smoke – not the nicotine – that cause illness and death.” (U.K. National Institute for Health and Care Excellence [NICE]). As many as 69% of U.S. adult smokers want to quit smoking and 43% of US adult smokers have attempted to quit in any twelve-month period. Lexaria postulates that delivery of nicotine to satisfy current demand, utilizing our patented DehydraTECH technology in common food and consumer product formats, could shift demand away from smoking cigarettes. However, ingestion of nicotine is challenging because it is poorly tolerated by the human gastrointestinal system and then significantly metabolized by the liver, thereby diminishing its overall effectiveness through edibles. Lexaria’s DehydraTECH technology offers a means to formulate ingestible product formats of nicotine and/or its analogs with higher bioavailability performance possibilities due to the benefits of our technology.
Lexaria is developing a patent suite with supporting intellectual property in the pharmaceutical sector that will supply significant long-term strategic growth potential. Lexaria Pharmaceutical Corp. is the 100%-owned subsidiary that has obtained exclusive worldwide rights to Lexaria’s patent portfolio related to pharmaceutical applications. Currently within this business unit resides the IP for Non-Steroidal Anti-Inflammatories (NSAIDs), Vitamins, hormone treatments utilizing estrogen or testosterone, phosphodiesterase inhibitors (PDE5). Additional molecules of interest could be added to this unit over time.
According to Statista.com, the global pharma industry was worth $1,105 billion in 2016, and the US pharma industry alone spent over $71 billion in 2017 on R&D: a larger R&D expenditure than the entire gross revenues of many other business sectors.. Lexaria Pharmaceutical Corp. is implementing a strategy of reinforcing its IP-suite to sufficient degree to begin partnering within this dynamic industry.
The Lexaria Hemp Co. holds exclusive global rights to the Lexaria patent portfolio related to hemp-based applications. Lexaria’s DehydraTECH technology is designed to deliver functional ingredients within hemp in oral product formats with significantly enhanced palatability, speed of effectiveness and potency as a viable and healthier alternative to conventional inhalational (i.e. smoking or vaping) administration practices. Extensively evaluated through invivo, invitro, and human clinical studies, one of the most extensive databases in the world has been collected by Lexaria related to hemp-based ingredients empowered with our DehydraTECH technology. In 2018, the World Anti Doping Agency (WADA) for the first time ever exempted cannabidiol from hemp from its list of restricted substances on its International Standards Prohibited List of substances.
Lexaria CanPharm Corp, a Canadian corporation, owns exclusive global rights to Lexaria’s intellectual property as it is applied to psychotropic bioactive molecules that act upon human CB1 and CB2 receptors in those areas of the world where it is permissible to do so. Substances that act upon these receptors and systems in the human body that affect pain, inflammation, anxiety and depression, and have also been shown to have utility against cancer and neurodegenerative conditions. Lexaria’s ground-breaking 2018 research that proved many-fold improvements in delivering an active ingredient across the blood-brain-barrier could have disruptive potential within this business sector as well as all others where Lexaria is active.
The safety and effectiveness of Lexaria’s DehydraTECH™ technology has been studied in a series of controlled and well designed in vitro and in vivo human focus studies, examining factors such as total bioabsorption directly and indirectly through surrogate biomarkers, time to onset of effectiveness, flavor appeal and quality of effectiveness. Studies to-date have focused on cannabinoid applications where Lexaria is most advanced commercially, although research is underway for the other bioactive compounds named in Lexaria’s patent portfolio and described under Commercial Applications.
Pre-Clinical Research into Lexaria’s DehydraTECH™
An in vitro absorption study was performed to assess unidirectional CBD permeability using a human epi-intestinal tissue model with various formulations in the presence of simulated intestinal fluid. The study was designed to, as closely as possible, mimic intestinal absorption as it would occur in a live subject. Samples of Lexaria’s commercially available CBD-fortified ViPova™ black tea were administered in the model compared with concentration-matched CBD control preparations that lacked Lexaria’s patented formulation and process enhancements. The study showed as much as a 499% improvement, on average, in intestinal tissue permeability with the ViPova™ black tea formulation relative to a concentration-matched CBD control preparation without any Lexaria technology enhancements. The study also showed a 325% improvement, on average, in intestinal tissue permeability comparing the ViPova™ black tea preparation to a concentration-matched CBD control preparation that utilized Lexaria`s dehydration synthesis processing methodology but lacked its fatty acid ingredient incorporation, demonstrating the power of the Lexaria technology as a whole (see Figure 1).
Following this study, a series of independent, well designed, well controlled human focus studies were undertaken corroborating Lexaria’s in vitro performance findings. A study in healthy volunteers (n=6) suggested as much as a 5-10X increase in CBD absorption, which was assessed indirectly through measurement of the increase in salivary nitric oxide as a directly proportional surrogate biomarker, with onset of action in as little as 15-30 minutes. In all cases, the maximum increased level of salivary nitric oxide remained evident at the 60-minute end period of this particular test. Further testing is required to determine the full duration of elevated nitric oxide levels.
Thereafter, a blinded human focus study was conducted to evaluate the performance of THC-infused chocolates formulated using Lexaria’s DehydraTECH™ technology. This study compared the performance of the THC-infused chocolates powered by Lexaria’s technology to concentration matched THC-infused chocolates formulated using a commercial dextrin absorption enhancer. The subjects (n=12) that participated in this study indicated a clear preference on taste and overall effectiveness with the chocolates formulated using Lexaria’s technology, and onset of effectiveness was again observed very quickly, in as little as 15-20 minutes.
Lexaria Bioscience Corp’s disruptive new patented technology DehydraTECH™ is available to be licensed.
DehydraTECH can be used to improve existing products or to create new products. It is suitable for use with a wide range of consumer product formats including:
DehydraTECH is designed to be effective in delivering most fat-soluble molecules through the human gastrointestinal system and has also demonstrated affinity for transdermal applications and even effectiveness in crossing the blood-brain-barrier once within blood plasma. Lexaria has, or is conducting, in vitro, in vivo and human clinical testing, including pharmacokinetic data gathering, for the delivery of API’s through ingestible means. Test data has consistently pointed to reduced time required to enter the bloodstream, increased absorption rate, and reported improvements in taste and smell of edible products.
Contact us today to speak about your licensing needs at ablanchard@lexariabioscience.com
Terms and rights associated with our licensing opportunities are discussed on an individual basis.
Lexaria’s typical approach to working with a new prospective licensee is to effect confidentiality terms and then collaborate with the license prospect under a non-binding letter of intent to evaluate the feasibility and applicability of the Lexaria DehydraTECH technology for the license prospect`s needs. Following this, if the license prospect is satisfied with the performance enhancements delivered by the DehydraTECH technology, Lexaria then seeks to transition to a definitive fee bearing agreement structure between it and the new licensee.
We will license our technology in any of the more than 40 countries around the world where the DehydraTECH is patented or patent-pending. Licensees can feel confident that Lexaria’s extensive IP portfolio – constantly expanding – will help to provide a competitive edge and protection against inferior methodologies or older, outdated technology.
If your company works in a different but related field, please contact us if you’d like to conduct research on applicability for your specific application.
Licensees should also always remember that DehydraTECH costs less than a penny per serving to implement – sometimes a bare fraction of a penny. Licensees may experience an increase in market share or an increase in pricing power as a result of offering their customers superior delivery characteristics. Customers are loyal to the improved performance of DehydraTECH based products.
DehydraTECH is one of the world’s ONLY delivery technologies that does not require the addition of chemicals or intimidating, complex ingredients requiring disclosure on a food label. DehydraTECH works with commons GRAS ingredients that can be organic, gluten-free, and dairy free.
If your company works in a different but related field, please contact us if you’d like to conduct research on applicability for your specific application.
Masks taste/odor
Eliminates the strong tastes/odors of lipophilic compounds, without the need for unwanted sugar or sweeteners.
Reduces time of onset
Effects are felt within 15-20 min vs. 60-120 min.
Increases bio-absorption
Increases bio-absorption by 2 – 10x, to equate or exceed that of other routes of administration like inhalational delivery.
Avoids first-pass liver metabolism
Testing has evidenced that DehydraTECH may deliver molecules through the lymphatic system instead of being subject to immediate “first pass” liver exposure, potentially mitigating unwanted side effects. More recent testing in animals even demonstrated an ability to cross the blood-brain-barrier to a degree previously thought not possible.
Interview with CEO Chris Bunka
https://youtu.be/9bRSWYKIEL8
New Enhanced DehydraTECHTM formulation delivers 8X more CBD into blood and over 19X more CBD into brain tissue than standard industry formulations.
Kelowna, British Columbia – June 4, 2019 – Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX) (the “Company” or “Lexaria”), a drug delivery platform innovator, has discovered improved performance characteristics of a new version of the DehydraTECHTM delivery platform initially suitable for use in solid oral dosage forms like capsules, tablets and pills for the pharmaceutical, medical, and supplement markets. Lexaria’s innovative use of a naturally sourced formulation enhancement more than doubles DehydraTECH’s absorption performance compared to previous DehydraTECH results demonstrated to-date. The Company has filed new patent applications related to the recent innovations.
BACKGROUND
On March 20, 2019 Lexaria announced it was beginning a series of animal studies with multiple objectives, including evaluating enhanced DehydraTECH formulations that might offer improved performance. Copious data streams have been generated from these tests and continue to be analyzed.
In this arm of animal study, Lexaria tested its DehydraTECH delivery technology with compounds postulated to behave in a synergistic fashion for enhancement of gastro-intestinal absorption, which resulted in significantly enhanced DehydraTECH performance (“Enhanced DehydraTECH”).
Of note, the new Enhanced DehydraTECH and its improved performance is separate and distinct from the nanotech improvement techniques recently announced by the Company.
TEST RESULTS
In each arm of the Lexaria animal studies, 10 male Sprague-Dawley rats were administered an identically sourced CBD at a rate of 25mg per kg of bodyweight. Delivery of CBD into the bloodstream was measured at 2; 4; 6; 8; 12; 15; 30; 45; and 60 minutes after dosing. DehydraTECH-enabled CBD was measurable in animal blood within 2 to 4 minutes after dosing.
On May 15, 2019 the Company reported that DehydraTECH achieved a CBD blood concentration level that was 475% more than a generic industry medium chain triglyceride (“MCT”) coconut-oil formulation 15 minutes after dosing. Today, the Company reports that Enhanced DehydraTECH led to 811% more CBD delivery into blood than generic industry MCT coconut-oil formulations (p=0.00008); and 110% more CBD into blood than DehydraTECH in its traditional format (p=0.02).
Also of note is that both traditional DehydraTECH and Enhanced DehyraTECH delivered maximum blood concentration levels prior to the 60-minute end-of-test, with levels tapering off thereafter. The DehydraTECH technology therefore demonstrates both fast onset and fast offset as tested which is of interest for dose titration purposes when repeated dosing is desired.
CONCLUSION
DehydraTECH’s in its traditional format has been used commercially by the Company since 2014; and by the Company’s technology licensees since 2016. Lexaria has consistently introduced leading innovation for oral cannabis formats such as capsules, beverages and edibles, with a focus on the consumer experience as measured by qualities such as taste, rapidity of onset and offset, and reliability of effect. Unique among the cannabis industry, DehydraTECH has proven itself equally transformative in other sectors such as the nicotine industry where Lexaria has licensed its technology to one of the largest nicotine products companies in the world.
Enhanced DehydraTECH seems particularly adept at delivering previously unreachable quantities of CBD across the blood brain barrier and into brain tissue; more so than even the most advanced nanotech as previously reported utilized in these studies. Since most human receptor cells of the CB1 variety and otherwise that are associated with the psychotropic effects of cannabinoids are located within the brain these findings significantly expand upon the power of Lexaria’s technology to reach the target site of action for these purposes.
With this new innovation, Lexaria is establishing new performance thresholds for drug delivery technology, with tested performance of 8x (blood plasma) and more than 19x (brain tissue) of generic industry formulations. The Company intends to perform further studies to fully characterize Enhanced DehydraTECH and will work throughout 2019 to optimize implementation into the best product applications for use by its licensees.
The animal test results announced to date have led to additional new patent applications based on the positive performance results achieved. The specific nature of enhanced DehydraTECH shall remain undisclosed for proprietary reasons until the new patent filings are published. Although the current tests were limited to CBD absorption, Lexaria expects knowledge from the current innovation to apply equally to tetrahydrocannabinol (THC) as well to enhance formulation innovation for nicotine and various pharmaceutical compounds already named within the Lexaria patent suite.
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