other material
confidence high
sentiment neutral
materiality 0.50
Lexaria grants exclusive global license to SulfoSyn for DehydraTECH-sulforaphane non-pharmaceutical products
Lexaria Bioscience Corp.
- Up-front cash payment received; minimum future payments and ongoing royalties agreed.
- Lexaria contracted for manufacturing at US partner facility for initial 2-year term.
- DehydraTECH applied to sulforaphane, a compound with anti-inflammatory and antioxidant properties.
- Non-pharmaceutical uses include supplements, additives, foods, and dietary ingredients.
- SulfoSyn granted sub-licensing rights for the licensed technology.