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Pressure BioSciences wins protein manufacturing contract, enters $44bln protein processing market

Pressure BioSciences Inc (OTCMKTS:PBIO) CEO Ric Schumacher tells Proactive Investors the Massachusetts-based company has landed its second major contract with an unnamed, multi-billion dollar pharmaceutical company to manufacture a candidate protein drug.

Schumacher says the deal utilizes Pressure’s BaroFold platform, which uses high pressure to modify protein drug samples, unfolding and refolding peptides, benefiting patients.

Quick facts: Pressure BioSciences Inc.

Price: 1.92 USD

OTCMKTS:PBIO
Market: OTCMKTS
Market Cap: $4.38 m
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Pressure BioSciences Inc (OTCMKTS:PBIO) CEO Ric Schumacher tells Proactive the Massachusetts-based company’s patented pressure cycling technology (PCT) was featured in a presentation at the Annual Meeting of the Gynecologic Cancer Society in Brazil.  Schumacher explains the company’s PCT...

on 10/04/2019

2 min read