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Lexaria Initiates Groundbreaking Biodistribution Study for DehydraTECH GLP-1

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Lexaria Initiates Groundbreaking Biodistribution Study for DehydraTECH GLP-1

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Lexaria Bioscience ( (LEXX) ) has shared an announcement.

Lexaria Bioscience Corp. has begun dosing in its pioneering study examining the biodistribution of DehydraTECH-semaglutide molecules in rodents. The study aims to determine if DehydraTECH can improve the biodistribution of semaglutide compared to conventional methods, potentially enhancing its efficacy and reducing side effects. Results could bolster Lexaria’s communications with industry partners and impact its position in the drug delivery market.

More about Lexaria Bioscience

Lexaria Bioscience Corp. is a global innovator in drug delivery platforms, focusing on enhancing drug efficacy through its proprietary DehydraTECH technology.

YTD Price Performance: -19.13%

Average Trading Volume: 192,008

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $32.65M

See more data about LEXX stock on TipRanks’ Stock Analysis page.

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