Northwire Canada EditionThursday, July 16, 2026
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CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
Production / Operations

LIR Life Sciences Launches Comparative Animal Study to Advance Transdermal Delivery of Second Generation GLP/GIP-based Obesity Therapies

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Executive Summary

  • LIR Life Sciences announced the launch of a controlled comparative animal study to evaluate cell‑penetrating peptide (CPP)‑mediated, needle‑free transdermal delivery of second‑generation GLP/GIP‑based obesity therapies.
  • The study will compare topical CPP formulation versus standard subcutaneous injection using a glucose tolerance test in small animals, with results intended to guide further IND‑enabling work.
  • LIR also entered into a market‑making services agreement with ICP Securities Inc., effective Jan 13 2026, for an initial four‑month term at a monthly fee of C$7,500 (plus taxes).

Key Details

  • Study Design: Controlled comparative in‑vivo study in small animal model; animals receive either topical CPP formulation or subcutaneous injection followed by a standardized glucose challenge.
  • Endpoints: Blood glucose levels measured over time; primary focus on stability of glucose profile and overall glucose control relative to injectable benchmark.
  • Therapeutic Focus: Second‑generation GLP/GIP‑based incretin therapies for obesity and metabolic conditions (class‑wide assessment, not a single molecule).
  • Purpose: Generate functional data to assess feasibility of needle‑free transdermal delivery platform and inform selection of lead candidates for IND‑enabling development.
  • CEO Quote: “Demonstrating glucose control from a skin‑applied formulation would validate a tangible therapeutic pathway with the potential to streamline development across multiple GLP/GIP‑based drugs,” – Edward Mills, CEO.
  • Market‑Making Agreement:
  • Counterparty: ICP Securities Inc., Toronto, ON.
  • Services: Automated market making using proprietary ICP Premium™ algorithm in compliance with CSE regulations.
  • Fee: C$7,500 per month plus applicable taxes.
  • Term: Initial four‑month term starting Jan 13 2026; automatically renews on a monthly basis unless 30‑day notice is given.
  • No performance‑based compensation, stock options, or third‑party funding involved.
  • Future Outlook: Data from the study expected to help define where needle‑free delivery may match injectable performance and guide further development pathways.

Notable Quotes

  • “What matters most about this study is the ability to explore a delivery pathway with potential relevance across a whole class of incretin therapies, rather than focusing on one molecule alone.” – Edward Mills, CEO, LIR Life Sciences.
Read the original news release →

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