Financial News
InvestorNewsBreaks – Pressure BioSciences Inc. (PBIO) Collaborates for Development and Distribution of UltraShear(TM)-Enhanced Products
Pressure BioSciences (OTCQB: PBIO) is a global leader in the development and sale of broadly enabling, high-pressure-based equipment, consumables and specialty testing services to the worldwide nutraceuticals, cosmeceuticals, biotherapeutics, food and beverage, and other industries. The company today announced its entry into an agreement with Somalab International LLC, a Texas-based leading supplier of novel health and wellness products throughout the U.S., for the collaborative development and distribution of UltraShear(TM) Technology (UltraShear(TM))-enhanced health and wellness products. Under the agreement, the companies will use the UltraShear platform to increase the already high quality of existing Somalab products to even higher, next-generation levels, as well as collaborate to develop new products that offer this same next-generation level of quality, including an enhanced “Brain Boost” product. “This is a tremendous opportunity for both companies,” said Richard T. Schumacher, PBIO’s president and CEO. “Somalab benefits with immediate sales from PBIO’s preservative-free, all plant-based, highly bioavailable, and best-in-class Nano-CBD topical spray. PBIO benefits from significant incremental revenues expected from these sales. Both companies benefit by incorporating UltraShear processing into Somalab’s existing and future product line.”
To view the full press release, visit https://ibn.fm/cRMDj
About Pressure BioSciences Inc.
Pressure BioSciences is a global leader in providing innovative, broadly enabling, high pressure-based solutions for a range of industries, including biotechnology, pharmaceutical, nutraceutical, cosmeceutical, and agrochemical, as well as food and beverage manufacturing. Its products utilize both constant and alternating pressure. The company’s patented enabling technology platform, Pressure Cycling Technology (“PCT”), utilizes alternating cycles of pressure to control bio-molecular interactions (such as cell lysis and biomolecule extraction) safely and reproducibly. PCT-based products are beginning to be widely used for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil and plant biology, forensics, and counter-bioterrorism applications. The company has recently expanded its market opportunities with the acquisition of the BaroFold(TM) patented technology platform, allowing it to enter the bio-pharma contract services and GMP manufacturing equipment sector. The company has also developed the scalable and high-efficiency pressure-based UltraShear Technology(TM) (UltraShear(TM)) platform, which allows for the creation of stable nanoemulsions of otherwise immiscible fluids. It also allows for the preparation of higher quality, homogenized, extended shelf-life or room temperature-stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies. The company’s commitment to innovation and cutting-edge technology has established PBIO as a leader in the high-pressure industry, providing unique and effective solutions to its customers. For more information about the company, visit www.PressureBioSciences.com.
NOTE TO INVESTORS: The latest news and updates relating to PBIO are available in the company’s newsroom at http://ibn.fm/PBIO
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