Pressure BioScience (OTCQB: PBIO), a leader in the
development and sale of broadly enabling, pressure-based instruments,
consumables, and platform technology solutions to the worldwide biotechnology,
biotherapeutics, cosmeceuticals, nutraceuticals, and food & beverage
industries, today announced that, following its pending merger and name change to Availa Bio, the
newly branded, publicly-traded company will be entering the hand sanitizer
market through the founders of Cannaworx. According to the update, the
custom-designed, premium hand sanitizer will be the first product released
under the new holding company Availa Bio. Owners of the privately held
Cannaworx, Inc. have obtained FDA registration for the newly developed hand sanitizer,
as well as an NDC (National Drug Code) number. Manufactured in a fully
compliant, GMP-certified facility, the product contains 75% alcohol in a
proprietary blend of other reagents. Initial packaging will be in 250/500 ml.
bottles, with 125 ml., 1 liter and 1gallon sizes available by Fall 2020.
To view the full press release, visit http://ibn.fm/JepCj
About Pressure BioSciences Inc.
Pressure BioSciences is a leader in the development and sale
of innovative, broadly enabling, pressure-based solutions for the worldwide
life-sciences industry. The company’s products are based on the unique
properties of both constant (i.e., static) and alternating (i.e.,
pressure-cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented,
enabling technology platform that uses alternating cycles of hydrostatic
pressure between ambient and ultra-high levels to safely and reproducibly
control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). PBIO’s
primary focus is in the development of PCT-based products for biomarker and
target discovery, drug design and development, biotherapeutics characterization
and quality control, soil and plant biology, forensics and counter-bioterror
applications. Additionally, major new market opportunities have emerged in the
use of its pressure-based technologies in the following areas: (1) the use of
its recently acquired, patented technology from BaroFold Inc. (the “BaroFold”
technology) to allow entry into the biopharma contract services sector, and (2)
the use of its recently patented, scalable, high-efficiency, pressure-based
Ultra Shear Technology (“UST”) platform to (i) create stable nanoemulsions of
otherwise immiscible fluids (e.g., oils and water) and (ii) prepare
higher-quality, homogenized, extended shelf-life or room-temperature, stable,
low-acid liquid foods that cannot be effectively preserved using existing
nonthermal technologies. For more information, visit the company’s website
at 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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