Lexaria Bioscience Corp. (NASDAQ: LEXX) Making Great Strides Toward Filing IND Application for Patented DehydraTECH(TM) Technology

(Investor Brand Network via Comtex)

  • Lexaria has begun the formal process of preparing an application for Investigational New Drug status for DehydraTECH(TM) and cannabidiol for hypertension
  • The filing is being done with the assistance of an outside consultancy group, with Lexaria Bioscience designing non-clinical, clinical, and related product development required prior to the filing - all of which support Lexaria's more ambitious goals
  • There have been two successful human hypertension trials done with the combination DehydraTECH-CBD therapy in 2021, following an original human clinical study in 2018, and many animal studies
  • Lexaria is making a strong case to support the efficacy of the technology for treating hypertension

Lexaria Bioscience (NASDAQ: LEXX), a global innovator currently enhancing the speed and efficiency of orally-delivered fat-soluble active molecules and drugs, is announcing that it has begun the formal process of preparing for Investigational New Drug ("IND") certification with the US Food and Drug Administration ("FDA"). The IND will be for the company's patented DehydraTECH-processed cannabidiol ("CBD") as a prospective registered pharmaceutical treatment for high blood pressure (hypertension) (https://cnw.fm/gv5bN).

With the help of an expert regulatory affairs and quality assurance consultancy group, Lexaria has begun preparations for a pre-IND meeting with the FDA and designing the non-clinical, clinical, and related product development IND-enabling work that must be completed prior to…

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NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company's newsroom at https://cnw.fm/LEXX

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COMTEX_393396364/2557/2021-09-15T14:46:17