Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Expands Patent Portfolio, Announces Exercise of 450,000 Existing Warrants

June 5, 2018 10:49:02
  • LXRP, a drug delivery platform innovator, has been awarded two new patent grants in the U.S. and expects three more from Australia
  • Company already has more than 40 patent awards or applications from 40 countries globally; it is preparing new patent application filings and predicts more patent awards this year
  • LXRP received $63,000 from the exercise of 450,000 warrants previously granted to third parties

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is growing its patent portfolio with two more patent grants in the U.S., predicting three more from Australia, and it is currently preparing new patent application filings as it projects more patent awards this year. It already has more than 40 patent applications or awards from more than 40 countries worldwide (http://nnw.fm/cj1KT).

The total, once granted, would be four patents in the U.S. and four in Australia. All eight are for the family of “Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof.” The development represents the first time that…

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