- Collaborative venture could lead to strengthening of company’s patent portfolio, new commercial opportunities
- Firm receives patent in Australia, anticipates entering that market through cannabinoid licensing arrangements and product distribution partnerships
- LXRP names Allan Spissinger acting chief financial officer
Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) has begun laboratory work with the National Research Council (“NRC”) (http://nnw.fm/ujFU0). The collaboration will begin studies using LXRP’s patented technologies. The research will include the company’s technology in vitamins, NSAIDs, nicotine and cannabinoids utilizing lipophilic active agents. LXRP has patented technology involving how those agents are ingested into the human body in various edibles, such as beverages, foods, capsules and others means.
LXRP has also named Allan Spissinger (http://nnw.fm/kcVB3) as its acting chief financial officer, secretary and treasurer. He has been with the company since September 2014, when he joined as corporate controller. A CPA, he has more than 10 years’ experience in corporate IT infrastructure and software development before focusing of finance and accounting.
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