NetworkNewsBreaks – Lexaria Bioscience Corp. (CS
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Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) is in the process of preparing new patent application filings and expects to receive more patent awards this year to add to its collection of over 40 patent awards or applications from 40 countries globally. A recent article discussing the company reads: “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 LXRP has expanded its patent protection outside of the U.S. for the delivery of molecules other than cannabinoids. … The goals are to commercialize its proprietary technology while guarding its IP, LXRP said. It anticipates receiving three additional Australian patents on or before August 17. It also predicts that it will receive more patent awards this year, and it is currently preparing new patent filings for new families as a result of its R&D programs.”
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