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Lexaria Bioscience Corp. (NASDAQ: LEXX) Inches Closer to Revolutionizing the Nicotine Industry with its Alternative Nicotine Delivery

  • Lexaria’s recent animal study on its patented DehydraTECH(TM) technology on nicotine absorption yielded ground-breaking results
  • This study builds on an earlier 2018 study that demonstrated effective delivery of nicotine to the central nervous system in a rodent study
  • The study’s success will serve as the foundation for a human trial that will compare the DehydraTECH-nicotine pouch performance to leading brands

Zacks Small Cap Research recently did a deep dive on Lexaria Bioscience (NASDAQ: LEXX) and its contribution to alternative nicotine delivery. Its evaluation acknowledged that the global tobacco market is currently valued at $818 billion, mainly sustained by over 1.1 billion smokers. Smoking has been attributed to cancer, heart disease, stroke, and lung diseases, among other life-threatening conditions. In the United States alone, smoking is responsible for over 480,000 deaths every year and 8 million deaths worldwide, according to the World Health Organization (“WHO”) (https://cnw.fm/PPbYl).

Zacks also noted that according to the U.S. Food and Drug Administration (“FDA”), over 70% of U.S. smokers would like to quit. However, the nicotine replacement therapies (“NRT”) available in the…

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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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