Financial News

Get Ready for Next Generation of Diabetes, Weight-Management Drugs

NetworkNewsWire Editorial Coverage: 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)

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