Item 7.01 Regulation FD Disclosure

On June 15, 2021, Lexaria Bioscience Corp. announced the positive results regarding its tolerability and pharmacokinetic animal study, VIRAL-A20-2 (the "Study") which evaluated DehydraTECH-enabled remdesivir and ebastine. The Study identified levels of remdesivir and ebastine in the bloodstream of male Sprague-Dawley rats at rates of two to three times higher with DehydraTECH than without, thus providing potential opportunities for the treatment of viral infections via oral drug delivery rather than injections.

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