Name | Value |
---|---|
Revenues | 183.9K |
Cost of Revenue | 2.7K |
Gross Profit | 181.2K |
Operating Expense | 2,871.9K |
Operating I/L | -2,690.7K |
Other Income/Expense | -13.0K |
Interest Income | 0.0K |
Pretax | -2,703.7K |
Income Tax Expense | 0.0K |
Net Income/Loss | -2,703.7K |
Lexaria Bioscience Corp. is a biotechnology company specializing in drug delivery technology. Its patented DehydraTECH enhances the oral delivery of active pharmaceutical ingredients, significantly increasing bio-absorption and reducing onset time. The technology is applicable to cannabinoids, nicotine, anti-viral drugs, NSAIDs, PDE5 inhibitors, and more. With 23 patents granted and approximately 50 patents pending globally, the company operates a licensed in-house research laboratory. By licensing its technology and intellectual property, Lexaria Bioscience generates revenue from pharmaceutical and biotech companies seeking to improve the effectiveness of their drug delivery methods.