Name | Value |
---|---|
Revenues | 35.0K |
Cost of Revenue | 3.0K |
Gross Profit | 32.1K |
Operating Expense | 1,342.7K |
Operating I/L | -1,310.6K |
Other Income/Expense | -2.0K |
Interest Income | 15.0K |
Pretax | -1,310.6K |
Income Tax Expense | -12.5K |
Net Income/Loss | -1,298.1K |
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.