Provided By PR Newswire
Last update: Nov 1, 2023
NetworkNewsWire Editorial Coverage
NEW YORK, Nov. 1, 2023 /PRNewswire/ -- GLP-1 agonists have become incredibly popular obesity drugs, reshaping the standard of care as people increasingly turn to the new class of drugs in lieu of conventional weight-loss procedures. There is a growing body of clinical evidence showing GLP-1 agonists safely control blood sugar (glucose) levels and deliver tremendous positive outcomes, such as a recent New England Journal of Medicine study reporting weight loss of 49 to 52 pounds. As good as GLP-1 agonist are, they can get better, which is part of the mission of Lexaria Bioscience Corp. (NASDAQ: LEXX) (Profile), a global innovator in drug-delivery platforms. The company started diabetes-related formal studies in 2022 evaluating its DehydraTECH(TM) platform, which showed lower blood-sugar levels and decreased body weight. This compelling data is undergirding the next phase of research, new human and animal studies for the purpose of demonstrating DehydraTECH processing can make GLP-1 drugs even more effective and more accessible. Positive developments on DehydraTECH could catch the attention of companies dedicated to developing drugs that support better health— companies such as Johnson & Johnson (NYSE: JNJ), Sanofi (NYSE: SNY), Amgen (NASDAQ: AMGN), and Novartis AG (NYSE: NVS).
Read more at prnewswire.com265.86
-6.19 (-2.28%)
154.22
-1.44 (-0.93%)
108.7
-1.43 (-1.3%)
NASDAQ:LEXX (5/9/2025, 8:05:19 PM)
1.08
+0.02 (+1.89%)
49.9
-2.23 (-4.28%)
Find more stocks in the Stock Screener
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Thursday to find the gap up and gap down stocks in today's session.
Looking for the S&P500 stocks that are experiencing notable gaps on Friday? Find out which stocks are gapping up and gapping down in the S&P500 index during today's session.