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home / news releases / lexaria awards contract for third glp 1 human pilot


LEXXW - Lexaria Awards Contract For Third GLP-1 Human Pilot Study

(TheNewswire)

First-ever DehydraTECH-processedtirzepatide from Zepbound® to be tested in a swallowed oralformat

Kelowna, British Columbia – May 23,2024 TheNewswire – Lexaria Bioscience Corp. (Nasdaq: LEXX, LEXXW)(the “Company” or “Lexaria”), a global innovator in drugdelivery platforms announces it has hired acontract research organization (“ CRO ”) to performthe Company’s human pilot study #3, (the “ Study ”) which willevaluate a dual action GLP-1 (glucagon-like peptide) + GIP( glucose-dependent insulintropicpeptide) .

The Study will be a randomized, crossover investigationthat will compare injected tirzepatide (Zepbound® by Eli Lilly) to acompound formulated, DehydraTECH-processed tirzepatide derived fromZepbound® and rendered into a capsule to be swallowed. There are twostudy arms:

  • DehydraTECH-tirzepatide swallowed capsules;and,

  • Injected Zepbound® tirzepatide by Eli Lilly.

Tirzepatide is currently available only in its injectedform, Zepbound®, by Eli Lilly – it is not available in anFDA-approved oral dosage format.  The Study will evaluate whetherDehydraTECH-processed tirzepatide, when taken orally, offers anyabsorption into the human bloodstream and, if so, how much. Humantolerability, pharmacokinetics and blood sugar levels will all berecorded and evaluated in this Study.

“Many GLP-1 drugs have produced unpleasant sideeffects, especially when dosed through oral tablets,” said ChrisBunka, CEO of Lexaria Bioscience Corp. “Lexaria’s latest study inan oral capsule hopes to evidence improved tolerability while alsoproducing measurable quantities of drug in blood. This will beLexaria’s first-ever work with the tirzepatide molecule and, assuch, any noteworthy delivery of tirzepatide through oral deliverycould be a significant finding.”

Manufacturing of the test articles for this Study isanticipated to be completed within 30 days. Independent Review Board(“ IRB ”) approval is required before the Study can commence, andthe Company will provide our next update when IRB approval has beenreceived.

About the Study

Many design characteristics of the Study, also referredto as Study GLP-1-H24-3, are similar to Lexaria’s initial GLP-1 human pilotstudy . The DehydraTECH-tirzepatidetest articles will be compound formulated using Zepbound®, strictlyfor research purposes. The Study is designed to measure tolerabilityand side effects, blood levels of tirzepatide, and blood glucoselevels. Blood samples will be taken multiple times during the first 10hours post dosing; a final blood draw will be taken 24 hours afterdosing; and, a standardized meal will be fed to the test subjects at apoint in time after dosing. Eight healthysubjects are expected to be dosed with each test article following across over study design across two study visits.

About Lexaria Bioscience Corp. &DehydraTECH

DehydraTECH™ is Lexaria’s patented drug deliveryformulation and processing platform technology which improves the wayactive pharmaceutical ingredients (APIs) enter the bloodstream throughoral delivery. Since 2016, Lexaria has developed and investigatedDehydraTECH with a variety of beneficial molecules in oral and topicalformats.  DehydraTECH has repeatedly demonstrated the ability toincrease bio-absorption and has also evidenced an ability to deliversome drugs more effectively across the blood brain barrier, whichLexaria believes to be of particular importance for centrally activecompounds. Lexaria operates a licensed in-house research laboratoryand holds a robust intellectual property portfolio with 43 patentsgranted and many patents pending worldwide. For more information,please visit www.lexariabioscience.com .

CAUTION REGARDING FORWARD-LOOKINGSTATEMENTS

This press release includes forward-looking statements.Statements as such term is defined under applicable securities laws.These statements may be identified by words such as"anticipate," "if," "believe,""plan," "estimate," "expect,""intend," "may," "could,""should," "will," and other similar expressions.Such forward-looking statements in this press release include, but arenot limited to, statements by the company relating the Company’sability to carry out research initiatives, receive regulatoryapprovals or grants or experience positive effects or results from anyresearch or study. Such forward-looking statements are estimatesreflecting the Company's best judgment based upon current informationand involve a number of risks and uncertainties, and there can be noassurance that the Company will actually achieve the plans,intentions, or expectations disclosed in these forward-lookingstatements.  As such, you should not place undue reliance on theseforward-looking statements.  Factors which could cause actual resultsto differ materially from those estimated by the Company include, butare not limited to, government regulation and regulatory approvals,managing and maintaining growth, the effect of adverse publicity,litigation, competition, scientific discovery, the patent applicationand approval process, potential adverse effects arising from thetesting or use of products utilizing the DehydraTECH technology, theCompany’s ability to maintain existing collaborations and realizethe benefits thereof, delays or cancellations of planned R&D thatcould occur related to pandemics or for other reasons, and otherfactors which may be identified from time to time in the Company'spublic announcements and periodic filings with the US Securities andExchange Commission on EDGAR. The Company provides links tothird-party websites only as a courtesy to readers and disclaims anyresponsibility for the thoroughness, accuracy or timeliness ofinformation at third-party websites. There is no assurance that any ofLexaria’s postulated uses, benefits, or advantages for the patentedand patent-pending technology will in fact be realized in any manneror in any part. No statement herein has been evaluated by the Food andDrug Administration (FDA).  Lexaria-associated products are notintended to diagnose, treat, cure or prevent any disease. Anyforward-looking statements contained in this release speak only as ofthe date hereof, and the Company expressly disclaims any obligation toupdate any forward-looking statements or links to third-party websitescontained herein, whether as a result of any new information, futureevents, changed circumstances or otherwise, except as otherwiserequired by law.

INVESTOR CONTACT:

George Jurcic - Head of InvestorRelations

ir@lexariabioscience.com

Phone: 250-765-6424, ext202

Copyright (c) 2024 TheNewswire - All rights reserved.

Stock Information

Company Name: Lexaria Bioscience Corp. Warrant
Stock Symbol: LEXXW
Market: NASDAQ
Website: lexariabioscience.com

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