Lexaria Bioscience (LEXX) has released an update.
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Lexaria Bioscience is set to explore a new frontier with its DehydraTECH-liraglutide, an oral version of the multi-billion dollar drug liraglutide, following promising results in animal studies. The company plans a human pilot study to compare its formulation against the injectable Saxenda® and aims to unlock potential revenue opportunities in the GLP-1 drug market. If successful, this could lead to further trials and expansion within this lucrative sector.
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