- Lexaria Bioscience Corp., through its patented DehydraTECH technology, is improving the way many drugs enter the bloodstream
- In June 2021, the company proved that an antiviral drug enhanced with its technology was effective at inhibiting the COVID-19/SARS-CoV-2 virus
- With the global antiviral market projected to hit $66.7 billion by 2025, Lexaria plans to capitalize on this growth by pushing its DehydraTECH technology and exploring multiple avenues of related application
Today, it is estimated that infectious diseases account for a quarter to one-third of mortality globally. This has mainly been attributed to increased travel, globalization, populated cities, urbanization, and changes in human behavior, among other reasons. These mortalities occur despite significant advancements and developments in the pharmaceutical industry, as has been well evidenced by recent virus outbreaks, including Covid-19, SARS, and Swine Flu, among others (https://cnw.fm/gis8Y).
The current concerns surrounding virus-related and other diseases encourage the medical industry to revisit its approach to treating such conditions. A viable solution that has been identified is the
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