Pressure BioSciences' Barocycler 2320EXTREME to be
Featured in Multiple Presentations All Week at Major
Scientific Meeting
Compelling Advantages of the Company's Patented PCT Platform
Highlighted in Two Different Mass Spectrometry User Meetings
on Day One
SOUTH EASTON,
MA--(Marketwired - Jun 6, 2017) - Pressure
BioSciences, Inc. (OTCQB: PBIOD)
("PBI" or the "Company"), a leader in the
development and sale of broadly enabling, pressure
cycling technology ("PCT")-based sample preparation
solutions to the worldwide life sciences industry,
today announced that the Company's patented PCT
platform will be featured in multiple presentations
at the annual conference of the American Society for
Mass Spectrometry ("ASMS"), being held from June
4-8, 2017 in Indianapolis, IN.
Dr. Nate Lawrence, Vice
President of Marketing and Sales for PBI, said: "It
is encouraging that in less than one year from the
initial shipment of the Barocycler 2320EXT, the
advantages of this next-generation PCT-based
instrument will be highlighted in multiple
presentations by well-respected scientific groups
from around the world. These groups include
researchers from such noteworthy
institutions/companies as the U.S. Food and Drug
Administration, Novo Nordisk A/S (Denmark), SCIEX
(U.S. and Australia), ETH Zurich (Switzerland), the
University of Cologne (Germany), and the Inova Schar
Cancer Institute.
Dr. Lawrence continued:
"Dr. Thomas Conrads, a nationally-acclaimed protein
chemist, is the Associate Director of Scientific
Technologies at the Inova Schar Cancer Institute.
Dr. Conrads and his group were invited to
participate in the SCIEX and ThermoFisher Scientific
User Meetings on June 4th. During their
presentations, they highlighted the use of the
Barocycler 2320EXT for the digestion of tumor and
other samples to be analyzed by their group as part
of discovery proteomics for the APOLLO Consortium of
the Cancer Moonshot program."
"Proteins comprise most
of the biomarkers that are measured to detect
cancers, they constitute the antigens that drive
immune response and the inter- and intra-cellular
communications, and they are the drug targets for
nearly every targeted therapy that is being
evaluated in cancer trials today," commented Dr.
Conrads. "We believe that a combined systems biology
view of the tumor microenvironment that orients
cancer studies back to the functional proteome,
phosphoproteome, and biochemistry of the cell will
be essential to delivering on the promise of the
Cancer Moonshot program."
Dr. Conrads continued:
"Standardized, reproducible, high quality
preparation of samples to be analyzed is critical to
the success of transformative research studies. We
spent many months investigating multiple aspects of
PCT-enhanced protein extraction and digestion. We
subsequently concluded that PCT was an enabling tool
that met our high standards for critical sample
preparation. We also concluded that the PCT platform
could make profiling of our laser micro-dissected
tumor tissue samples possible at the throughput
required by the APOLLO Consortium of the Cancer
Moonshot program."
Mr. Richard T.
Schumacher, President and CEO of PBI, commented:
"The ASMS Conference is one of the largest annual
meetings of mass spectrometry professionals
worldwide. At the 2016 ASMS Conference, we unveiled
the newest addition to our PCT-based instrument
line, the Barocycler 2320EXT. Designed with a number
of new and enhanced features and benefits to enable
scientists better access to biomolecules (e.g.,
proteins, lipids, nucleic acids) in samples being
studied, we believe the 2320EXT offers the potential
to result in new biological insights and
discoveries, and rapid growth for PBI."
Mr. Schumacher
continued: "In February 2017, the Barocycler 2320EXT
gained CE Mark approval, enabling it to be marketed
throughout all 31 countries in the European Economic
Area. In March 2017, the 2320EXT received the 2017
North American Excellence Award for 'Best New
Instrument for Sample Preparation' by Corporate
America News, a leading business publication. The
Barocycler 2320EXT has become the centerpiece of our
co-marketing agreement with global life sciences
analytical technologies leader SCIEX. We believe it
will continue to find a significant role in
transformative research efforts worldwide, such as
the Cancer Moonshot program."
About Pressure
BioSciences, Inc.
Pressure BioSciences, Inc. ("PBI") (OTCQB: PBIOD)
develops, markets, and sells proprietary laboratory
instrumentation and associated consumables to the
estimated $6 billion life sciences sample
preparation market. Our 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. To date, we have
installed over 270 PCT systems in approximately 160
sites worldwide. There are over 100 publications
citing the advantages of the PCT platform over
competitive methods, many from key opinion leaders.
Our primary application development and sales
efforts are in the biomarker discovery and forensics
areas. Customers also use our products in other
areas, such as drug discovery & design,
bio-therapeutics characterization, soil & plant
biology, vaccine development, histology, and
counter-bioterror applications.
Forward and Cautionary Statement - Disclaimer
For more information
about PBI and this press release, please click on
the following website link: http://www.pressurebiosciences.com
MORE
Pressure BioSciences, Inc. Significantly Expands Marketing
and Sales Capabilities
Company Engages Highly-Regarded Lead Generation Service and
Hires the First Two of Four Field Sales Directors, Executing on
its Plan to Aggressively Enhance Product Sales Capabilities in
2017
SOUTH
EASTON, MA--(Marketwired - Mar 23, 2017) - Pressure
BioSciences, Inc. (OTCQB: PBIO)
("PBI" or the "Company"), a leader in the development
and sale of broadly enabling, pressure cycling
technology ("PCT")-based sample preparation solutions to
the worldwide life sciences industry, today announced
that it has significantly bolstered its marketing and
sales capabilities by contracting with well-known and
highly regarded EKG Sales Associates, and by hiring two
of its planned four additional field sales directors.
For the past few years, the Company's selling efforts
have relied on two part-time field sales directors in
the U.S. and several distribution partners
internationally.
EKG
Sales Associates ("EKG") is a well-known life sciences
lead generation service. EKG has spent over 20 years
developing a contact database with over 50,000
scientists and other individuals from the life sciences
area, some of whom are key decision makers. These
contacts are from academia, government, pharma, and
biotech. EKG Sales Associates has maintained a regular
dialogue with these contacts about laboratory equipment
and associated consumables over many years.
Dr.
Nate Lawrence, VP of Marketing and Sales at PBI, said:
"EKG came highly recommended from several industry
colleagues, who said they were among the best at
generating real, viable leads. We consequently hired
them on a three-month trial basis. Due to the quality
and number of leads received during the trial period, we
are now working on a contract extension that will take
us to 2018."
Ms.
Mary Kay Walsh, President of EKG, said: "We look forward
to extending our relationship with Pressure BioSciences.
They have a unique technology platform in PCT. Their
instrument and consumables product lines have received a
great response from scientists within our contact
network, especially their recently released,
award-winning Barocycler 2320EXTREME. Our team looks
forward to the opportunity of helping to increase PBI's
share of the vital sample preparation market across all
of the U.S. and Canada into 2018."
In
addition to engaging EKG, PBI has also hired two field
sales directors over the past two weeks. Ms. Rajni
Kareer will serve as the Company's Sales Director
covering all of the west coast of the U.S. The other
Sales Director just hired -- Mr. Nicholas Cobb -- will
cover upstate New York, northern New England, and all of
eastern Canada. He will also have responsibility for
field service throughout the U.S. and Canada. Both hires
have a strong background in selling capital equipment to
research laboratories, including spectrometers and HPLC
equipment, as well as laboratory consumables.
Ms.
Roxana McCloskey, Director of Marketing and Sales for
North America, said: "We are delighted to have Rajni and
Nick join our rapidly-growing sales team. Both attended
the 2017 U.S. Human Proteome Organization Conference in
San Diego this week, working in our exhibit booth and
meeting with scientists, some of whom already use PCT in
their research studies. Their deep experience allowed
them to 'hit the ground running.' We believe they will
be highly successful field sales directors for PBI."
Ms.
McCloskey continued: "We are excited with the hires of
EKG and our two new field sales directors, but there is
still much to do to complete our plan to build a viable,
experienced, and successful marketing and sales team at
PBI. We are committed to the immediate hire of at least
two additional field sales directors, one each for the
mid-west and east coast regions. We have interviewed a
number of strong candidates and believe we will be in a
position to fill these two open territories with superb
candidates in short order. Once we have our initial team
of four field sales directors, and a strong source of
well-qualified leads from our EKG colleagues, we believe
we will be well-positioned to pursue our aggressive
sales goal for the remainder of 2017."
About Pressure BioSciences, Inc.
Pressure BioSciences, Inc. ("PBI") (OTCQB: PBIO)
develops, markets, and sells proprietary laboratory
instrumentation and associated consumables to the
estimated $6 billion life sciences sample preparation
market. Our 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. To
date, we have installed over 250 PCT systems in
approximately 160 sites worldwide. There are over 100
publications citing the advantages of the PCT platform
over competitive methods, many from key opinion leaders.
Our primary development and sales efforts are in the
biomarker discovery, drug discovery and design, and
forensics areas. Customers also use our products in
other areas, such as bio-therapeutics characterization,
soil & plant biology, vaccine development, and
counter-bioterror applications.
Wall Street Research Report PBIO
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.
The Company's financial results for the year ended
December 31, 2016 may not necessarily be indicative of
future results. 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, 2016, 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 PBI and this press release,
please click on the following website link: http://www.pressurebiosciences.com
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MORE
Pressure BioSciences Receives 2017 North American Excellence
Award: "Best New Instrument for Sample Preparation"
Barocycler 2320EXTREME Honored as Superior Instrument for Sample
Preparation by Leading Publication for CEOs, Top-tier Management,
and Key Decision Makers Across North America
SOUTH EASTON, MA--(Marketwired -
Mar 1, 2017) - Pressure BioSciences, Inc. (OTCQB: PBIO)
("PBI" and the "Company"), a leader in the development and
sale of broadly enabling, pressure cycling technology
("PCT")-based sample preparation solutions to the worldwide
life sciences industry, today announced that its Barocycler
2320EXTREME ("2320EXT") has been named the "Best New
Instrument for Sample Preparation 2017" by Corporate America
News ("Corp America") as part of the publication's 2017
North American Excellence Awards.
With a subscription list of more
than 135,000 business and professional service providers,
Corp America is a leading magazine in the U.S business
market. The magazine's annual North American Excellence
Awards honor companies and individuals who tirelessly work
to drive innovation and exhibit true passion for their work.
The award-winning,
next-generation Barocycler 2320EXT is the latest addition to
PBI's Barocycler family. It is a compact, bench-top
instrument offering many advanced features and benefits.
These and other additions have already positioned the
Barocycler 2320EXT as an instrument of choice for life
science key opinion leaders ("KOLs") worldwide, when
preparing protein samples for analysis.
Dr. Nate Lawrence, Vice
President of Marketing and Sales for PBI, said: "We are
honored to have been selected for this prestigious award. It
was just eight months ago when we launched this
next-generation Barocycler instrument, the 2320EXT. Since
then, the instrument has been purchased by key scientists in
academic, government, biotech and pharma labs worldwide,
including institutions involved in the Cancer Moonshot
Initiative. We believe this award affirms the significant
potential of the Barocycler 2320EXT."
ProCan, a cancer research
initiative located in the Children's Medical Research
Institute near Sydney Australia, and a Cancer Moonshot
collaborator, purchased three Barocycler 2320EXTs in June
2016. At the time of their purchase, Professor Phil
Robinson, co-head of ProCan, said: "Patient tumor samples
can be pretty tiny and very heterogeneous, but the use of
PCT in sample preparation allows researchers to analyze
tissue samples as small as those provided by needle
biopsies. So you can use incredibly small amounts of tissue,
reliably digest them in a couple of hours, and get large
amounts of information with the Barocycler 2320EXT."
Professor Ruedi Aebersold, a
world-renowned protein chemist who recently upgraded to the
Barocycler 2320EXT, emphasized the importance of sample
preparation in the article. Dr. Aebersold said: "Not only do
we need to consider the method of analyzing the proteome,
but we must also recognize that the method of sample
preparation used to optimize protein extraction & digestion
is equally as important."
Dr. Lawrence commented: "It is
the support of KOLs like Professors Robinson and Aebersold
that we believe helped convince the panel of judges that the
Barocycler 2320EXT deserved to win the 2017 North American
Excellence Award for Best New Sample Preparation
Instrument."
PBI President and CEO Richard T.
Schumacher was interviewed by the magazine upon selection of
the award. In a four-page article, Mr. Schumacher provided
an in-depth overview of PBI's patented PCT technology and
its unique advantages, the Company's history of innovation
and growth, its large market opportunity, additional
features and benefits of the 2320EXT, the recent
co-marketing agreement with global life sciences leader
SCIEX, and his expectations that significant growth is on
the horizon.
About Pressure
BioSciences, Inc.
Pressure BioSciences, Inc. ("PBI") (OTCQB: PBIO)
develops, markets, and sells proprietary laboratory
instrumentation and associated consumables to the estimated
$6 billion life sciences sample preparation market. Our
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. To date, we have installed over 250 PCT
systems in approximately 160 sites worldwide. There are over
100 publications citing the advantages of the PCT platform
over competitive methods, many from key opinion leaders. Our
primary application development and sales efforts are in the
biomarker discovery and forensics areas. Customers also use
our products in other areas, such as drug discovery &
design, bio-therapeutics characterization, soil & plant
biology, vaccine development, histology, and forensic
applications.
Forward Looking
Statements
Statements contained in this press release
regarding PBI's intentions, hopes, beliefs, expectations, or
predictions of the future are "forward-looking'' statements
within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based upon the
Company's current expectations, forecasts, and assumptions
that are subject to risks, uncertainties, and other factors
that could cause actual outcomes and results to differ
materially from those indicated by these forward-looking
statements. 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,
2015, 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.
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