Pressure BioSciences and RedShiftBio Demonstrate Potential of Combining Proprietary Technologies to Enable New Tool for Development and Production of Biotherapeutics
PRESSURE BIOSCIENCES (PBIO)
US:NASDAQ Investor Relations:
ir.pressurebiosciences.com
Company Research
Source: PR Newswire
SOUTH EASTON, Massachusetts, April 16, 2020 /PRNewswire/ -- Pressure BioSciences, Inc. (OTCQB: PBIO) ("PBI" or the "Company"), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide biotechnology, biotherapeutics, and other industries, today announced that the combination of PBI's patented Pressure Cycling Technology ("PCT") with RedShiftBio's proprietary Microfluidic Modulation Spectroscopy ("MMS") resulted in a powerful new platform for biotherapeutic drug development ("PCT-enhanced MMS"). The Company believes combining both platforms enables the rigorous investigation of protein structure and stability in a streamlined and highly efficient workflow that can be critical in drug development.The global biopharmaceuticals market was valued at $237 billion in 2018 and is estimated to reach $389 billion in 2024 (https://www.mordorintelligence.com/industry-reports/global-biopharmaceuticals-mark
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News
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PBIO
Sec Filings
- 4/22/24 - Form 8-K
- 4/1/24 - Form NT
- 3/28/24 - Form 4
- PBIO's page on the SEC website