Breaking Life
Sciences News: Pressure
BioSciences (OTCQB: $PBIO)
Completes Relocation into
New Manufacturing Facility, Consolidating R&D with Expanded UltraShear
Equipment Development and Contract Manufacturing; @ir_pressurebio
Relocation
Delivers Substantially Increased Manufacturing Space, Vastly Improved Operating
Efficiencies, and Measurable Cost Savings for Unencumbered Growth through
Multi-Year Expansion Plans
CANTON, Mass., Feb. 15, 2024 -- (Investorideas.com
Newswire) Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBIO” or the “Company”),
a leading innovator in high-pressure nanotechnology and a pioneer in the
development of novel, broadly-enabling, pressure-based instruments and
nanoemulsion products and services for the health & wellness, food &
beverage, pharmaceutical, and other industries, today celebrated a significant
milestone in its accelerating growth journey. The Company announced the
consolidation of its Boston area operations, uniting all of its personnel into
a single, cutting-edge facility designed to accommodate expanded R&D
capabilities, advanced equipment development and production, formulation
services, and contract manufacturing based on its patented Ultra Shear
Technology (UltraShear™ or UST™) platform. The new building is currently being
transformed into a state-of-the-art manufacturing facility.
Read
this news, featuring PBIO in full at https://www.investorideas.com/news/2024/cannabis/02151PBIO-UltraShear-Equipment-Development.asp
Strategically
located in the Boston suburb of Canton, MA, the new facility will provide PBIO
with a larger, more efficient space to continue its groundbreaking work in high
pressure nanotechnology platform development – and UltraShear technology in
particular. The state-of-the-art facility is to be equipped with the latest
modern utilities and amenities, and will house dedicated areas for R&D,
equipment production, formulation services, and product manufacturing. This move,
consolidating R&D with all other departments of the Company, aims to
streamline and achieve new production efficiencies, reduce costs, and foster
innovation within a collaborative and dynamic work environment.
Ken
Micciche, PBIO’s Director of Business Development, commented: “We are very
excited about the opportunities this consolidation and expansion presents. The
move reinforces our commitment to accelerating development and production
capabilities, delivering exceptional products and services, advancing the field
of high-pressure nanotechnology, fostering collaborations with academic and
industry partners, and supporting our expected explosive growth in the
direct-to-consumer area, led by our newly acquired subsidiary company Uncle
Bud’s Health & Wellness.”
Key Features of the New Facility:
Product
Manufacturing Suites: PBIO is committed to meeting the increasing demand for
its innovative nanoemulsion products, delivering breakthrough performance in
fast and enhanced absorption of oil-soluble nutrients and therapeutics. The new
facility will house several GMP-compliant contract manufacturing suites,
equipped with the latest technology to ensure the efficient and precise
production of high-quality products.
Advanced
R&D Laboratory: PBIO is investing in the development of a cutting-edge
research and development laboratory, where its team of highly trained and
experienced experts will continue to push the boundaries of high-pressure
nanotechnology. The laboratory will focus on developing groundbreaking solutions
in nanoemulsions and other products for use in nutraceuticals, cosmeceuticals,
pharmaceuticals, bioprocess, and other areas.
State-of-the-Art
Equipment Manufacturing: The facility features a dedicated space for the
manufacturing of advanced equipment and components incorporating
state-of-the-art materials and designs used in the production of nanoemulsions
and other products. This will enable PBIO to expand production capacity in
UltraShear equipment installations, while maintaining stringent quality control
and ensuring the total reliability of its products.
Formulation
Services: With a focus on providing comprehensive solutions, PBIO currently
offers limited formulation services to its UltraShear clients. With the Canton
site’s expanded space and equipment, the Company’s Formulation Services are
expected to expand and grow significantly, as it collaborates closely with
customers to develop customized formulations tailored to their specific needs
and requirements, spanning a diversity of major market applications from
nutraceuticals to cosmeceuticals/skincare, pharmaceuticals, food &
beverages, and natural, organic agrochemicals.
Demo
Laboratory: A dedicated Demo Laboratory will showcase the Company’s
cutting-edge UltraShear technology platform, allowing stakeholders to witness
PBIO’s unique and far-reaching capabilities firsthand.
John
Hollister, PBIO’s Director of Sales and Marketing, added: “Unlike our previous
site, the new facility provides the needed environment for us to accomplish our
aggressive commercial goals over the next few years. Our new facility – with
its significantly increased manufacturing space – gives us the ability to
expand manufacturing capabilities to meet the already increasing demand for our
products. Our growth is no longer encumbered by our facilities.”
About Uncle Bud’s Health and Wellness
Launched
in 2018 with a trailblazing hemp-based Pain Relief product, Uncle Bud’s has
rapidly captured an innovative leadership role in the Hemp Seed Oil,
Cannabidiol (CBD), and the broader Health & Wellness industry. The Uncle
Bud’s brand is revered for its unwavering commitment to domestic manufacturing
excellence, setting benchmarks for its organic, preservative-free, non-GMO
standards and its ethical cruelty-free practices. Uncle Bud’s is dedicated to
the highest-quality formulations and to continuous improvement, guided by the
latest scientific research and development innovations – including the
revolutionary performance breakthroughs delivered by PBIO’s patented
UltraShear™ processing platform. Uncle Bud’s diverse product portfolio
addresses an ever-broadening spectrum of consumer needs, encompassing pain
relief, sophisticated skincare solutions, personal wellness and athletic
recovery products, and specialized pet care items. Learn More:
www.unclebudshemp.com * Follow On Social Media: @UncleBuds_Hemp.
About Pressure BioSciences, Inc.
Pressure
BioSciences, Inc. (OTCQB: PBIO) 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. Our patented enabling
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 used
for biomarker and target discovery, drug design and development,
biotherapeutics characterization and quality control, soil & plant biology,
forensics, and counter-bioterrorism applications. Our patented BaroFold™
technology platform, allowing us to enter the bio-pharma contract services and
GMP manufacturing equipment sector. We have also developed the scalable and
high-efficiency pressure-based UltraShear Technology™ (UltraShear™) 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. Our commitment
to innovation and cutting-edge technology has established PBIO as a leader in
the high-pressure industry, providing unique and effective solutions to our
customers.
Forward Looking Statements
This
press release contains forward-looking statements. These statements relate to
future events or our future financial performance and involve known and unknown
risks, uncertainties and other factors that may cause our or our industry's
actual results, levels of activity, performance, or achievements to be
materially different from any future results, levels of activity, performance
or achievements expressed, implied, or inferred by these forward-looking
statements. In some cases, you can identify forward-looking statements by
terminology such as "may," "will," "should,"
"could," "would," "expects," "plans,"
"intends," "anticipates," "believes,"
estimates," "predicts," "projects,"
"potential" or "continue" or the negative of such terms and
other comparable terminology. These statements are only predictions based on
our current expectations and projections about future events. You should not
place undue reliance on these statements. In evaluating these statements, you
should specifically consider various factors. Actual events or results may
differ materially. These and other factors may cause our actual results to
differ materially from any forward-looking statement. These risks,
uncertainties, and other factors include, but are not limited to, the risks and
uncertainties discussed under the heading "Risk Factors" in the
Company's Annual Report on Form 10-K for the year ended December 31, 2022, and
other reports filed by the Company from time to time with the SEC. The Company
undertakes no obligation to update any of the information included in this
release, except as otherwise required by law.
For
more information about PBIO, Uncle Bud’s, and this press release, please click
on the following website links:
http://www.pressurebiosciences.com
www.unclebudshemp.com
Please
visit us on Facebook, LinkedIn, and Twitter.
Press Contacts:
Richard
T. Schumacher, President & CEO
(508)
230-1828 (T)
John
B. Hollister, Director of Sales and Marketing
(805)
908-5719 (T)
Kenneth
F. Micciche, Director of Business Development
(508)
230-1828 (T)
Disclaimer/Disclosure: Investorideas.com is a digital publisher of
third party sourced news, articles and equity research as well as creates
original content, including video, interviews and articles. Original content
created by investorideas is protected by copyright laws other than syndication
rights. Our site does not make recommendations for purchases or sale of stocks,
services or products. Nothing on our sites should be construed as an offer or
solicitation to buy or sell products or securities. All investing involves risk
and possible losses. This site is currently compensated for news publication
and distribution, social media and marketing, content creation and more.
Disclosure: this news for Pressure BioSciences, Inc. (PBIO) is paid for content
on our site. Disclosure More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release
and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/
About Investorideas.com
https://www.investorideas.com/About/
Sign up for free stock news alerts at
Investorideas.com
https://www.investorideas.com/Resources/Newsletter.asp
Biotech Industry Stocks- investing ideas in biotechnology
stocks, medical technology and life sciences
Like Biotech Stocks? View our Biotech
Stocks Directory
Get News Alerts on Biotech Stocks
No comments:
Post a Comment