UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) December 1, 2020

 

LEXARIA BIOSCIENCE CORP.

(Exact name of registrant as specified in its charter)

 

Nevada

 

000-52138 

 

20-2000871

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

100 – 740 McCurdy Road, Kelowna, BC Canada

 

V1X 2P7

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code  (250) 765-6424

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 7.01           Regulation FD Disclosure

 

Lexaria Bioscience Corp. disclosed the results of its animal study evidencing the improved oral delivery of the Protease Inhibitor, Darunavir and the Reverse Transcriptase Inhibitor, Efavirenz, using the Company’s patented DehydraTECH technology. A table setting out the improved drug delivery results is below:

 

Drug

Drug Class

AUClast* Delivery &

Improvement

 (hr∙ng/mL)

Control

 (hr∙ng/mL)

AUC∞** Delivery &

Improvement

 (hr∙ng/mL)

Control

 (hr∙ng/mL)

 

Darunavir

 

Protease Inhibitor

 

721 ± 332  

54% 

(p=0.036)

 

469 ± 252 

 

726 ± 211  

35% 

(p=0.062)

 

536 ± 223

 

Efavirenz

 

Non-nucleoside Reverse Transcriptase Inhibitor

 

752 ± 203 

16% 

(p=0.11)

 

650 ± 148

 

1072 ±40  

42% 

(p=0.028)

 

757 ±103 

 

Full details regarding the animal study are disclosed in the Company’s news release which is attached as Exhibit 99.1.

 

In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.

 

 

Item 9.01 Financial Statements and Exhibits

 

99.1

Press Release dated December 1, 2020

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

LEXARIA BIOSCIENCE CORP.

 

     

 

/s/ Chris Bunka

 

Chris Bunka

 

CEO, Principal Executive Officer

 

 

 

Date: December 2, 2020

 

  

   

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