Name | Value |
---|---|
Revenues | 145.0K |
Cost of Revenue | 15.9K |
Gross Profit | 129.1K |
Operating Expense | 797.1K |
Operating I/L | -668.0K |
Other Income/Expense | 15.3K |
Interest Income | 0.0K |
Pretax | -652.7K |
Income Tax Expense | -3.2K |
Net Income/Loss | -649.5K |
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.