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Pressure BioSciences (OTC:PBIO) Stock, Option Chain

Pressure BioSciences Inc is engaged in the healthcare division. The firm is a leader in the development & sale of enabling, pressure-based platform solutions for the world-wide life sciences industry. The company has developed and patented a technology platform that can control the sample preparation process. This process, called pressure cycling technology (PCT), uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels. The company is also the distributor of the Constant Systems (CS) cell disruption equipment, parts, and consumables. Its products include Barocyclers, External Pressure Calibration Device Kits, MicroTubes, HUB High-Pressure Generators, and Accessories.

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Editor&#39;s note: The headline and body of this story have been updated to use a more specific industry descriptor (CBD). 

Toni Braxton Cheers PBIO&#39;s Acquisition Of CBD Co. Uncle Bud&#39;s (UPDATED)

Pressure BioSciences, Inc. (OTCQB: PBIO) announced today the initiation of studies to evaluate and demonstrate its industrially-scalable UltraShear Technology platform for producing oil-in-water nanoemulsions in the preparation of edible coatings of Nano-CBD

CBD To Extend Shelf-Life Of Fresh Produce? This Company Is Working On It

Pressure BioScience’s Pressure-Based Tech Is Ready To Spur Innovation And Growth In A Life Sciences Sector In Flux

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Often considered recession-proof, the life sciences sector faced a surprising amount of uncertainty over the past few years with up to 80% of companies saying they’ve been negatively impacted by the macroeconomic conditions that have shaken markets a

Pressure BioScience&#39;s Pressure-Based Tech Is Ready To Spur Innovation And Growth In A Life Sciences Sector In Flux

PRESSURE BIOSCIENCES by Pressure BioSciences, Inc.

Pressure BioSciences Inc

Editor&#39;s note: The headline and body of this story have been updated to use a more specific industry descriptor (CBD).&nbsp;
Pressure BioSciences, Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTC">PBIO</a>), a company focused on pressure-based instruments and services for the CBD industry, has announced a definitive agreement to acquire Uncle Bud&rsquo;s, a natural health and wellness leader. The transaction, which marks a strategic forward integration for PBIO, combines Uncle Bud&rsquo;s extensive product range and strong online community with PBIO&rsquo;s advanced technology and scientific expertise.
The merger will create a formidable presence in various consumer product markets, notably leveraging PBIO&rsquo;s UltraShear technology. This platform is known for producing nanoemulsified products with superior bioavailability and speed of action, a critical factor in the health and wellness domain.
Toni Braxton, a multiple Grammy Award-winning artist and a long-standing advocate of Uncle Bud&rsquo;s, expressed her enthusiasm for the acquisition. &ldquo;I am thrilled to be a part of this exciting acquisition of Uncle Bud&#39;s, a brand that I have loved from the beginning,&quot; said Braxton. She highlighted the shared vision of quality and innovation between the two companies and her eagerness to be part of their growth trajectory.
Garrett Greller, director of marketing and co-founder of Uncle Bud&rsquo;s&nbsp;emphasized the transformative nature of the acquisition. &ldquo;With a commitment to quality, effective solutions, and an impressive lineup of celebrity partners, Uncle Bud&rsquo;s has democratized Hemp &amp; CBD wellness,&quot; Greller stated. He further noted the potential for innovation across multiple sectors, including pain relief, sexual wellness, skincare, beverages, food and pet care.
Bruno Schiavi, president and co-founder of Uncle Bud&rsquo;s&nbsp;remarked on the synergy between the two companies. &ldquo;This merger with PBIO is a game-changer,&quot; Schiavi said. He underscored the unique opportunities presented by the UltraShear platform in developing wellness products with superior bioavailability and clean-label attributes.
From PBIO&rsquo;s perspective, Ric Schumacher, president and CEO, welcomed the expertise and experience of Uncle Bud&rsquo;s team. &ldquo;This dynamic combination is what we have been seeking to accelerate the penetration of the UltraShear technology through multiple markets,&quot; Schumacher said. He pointed to several new product line opportunities ripe for transformative delivery.
Jeff Peterson, PBIO&rsquo;s chairman&nbsp;stressed the strategic significance of the merger. &ldquo;The integration of Uncle Bud&rsquo;s into PBIO&rsquo;s financials is expected to be immediately accretive and a major accelerator to PBIO&rsquo;s top-line&nbsp;revenue growth,&quot; Peterson added. He also expressed optimism about the combined companies&#39; ability to attract new investment, strengthen their balance sheet, and potentially uplist to major stock exchanges like NASDAQ or NYSE ahead of schedule in 2024.
Under the terms of the agreement, Uncle Bud&#39;s stockholders will receive preferred stock of PBIO, convertible into PBIO common stock&nbsp;with additional shares contingent on revenue and net profit targets in 2024. The Boards of Directors of both companies have unanimously approved the transaction, with closure expected by January 19, 2024, subject to customary closing conditions.

Toni Braxton Cheers PBIO's Acquisition Of CBD Co. Uncle Bud's (UPDATED)

Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) announced today the initiation of studies to evaluate and demonstrate its industrially-scalable UltraShear Technology platform for producing oil-in-water nanoemulsions in the preparation of edible coatings of Nano-CBD to extend the shelf life and preserve the quality of fruits and vegetables.
Edible coatings are commonly used to enhance the quality and increase the shelf life of fruits and vegetables. However, industrial-scale use of edible coatings has struggled with effectiveness limitations due to poor stability and solubility of the coatings. Recent developments in nanoemulsion-based coating technology offer promise for an effective and efficient strategy but have been challenged by industrial-scaling limitations as well as quality and stability inconsistencies from current nanoemulsion technology platforms.
<a href="https://www.benzinga.com/go/cannabis-conference-article-link" target="_blank"><img alt="CCCBanner" src="https://i.ibb.co/4Kk2swf/CCCBanner.jpg" /></a>
For over two decades, studies have demonstrated CBD&#39;s antimicrobial effectiveness against human pathogens and more recently against plant pathogens. A recent peer-reviewed article (&quot;Influence of a transparent and edible coating of encapsulated cannabidiol nanoparticles on the quality and shelf life of strawberries&quot;) published on May 4, 2023 in the American Chemical Society Journal of Applied Materials and Interfaces focused on the antimicrobial activity of strawberries coated with CBD-infused nanoparticles. The article reported on the results of treated/untreated strawberries, showing that the CBD-treated samples ripened and decayed much more slowly than the untreated ones. Other scientific articles with similar results on nanoemulsified CBD, essential oils, and other natural additives have also been recently published.
John Hollister, director of marketing and sales for PBIO, noted: &quot;We are now awaiting the publication in a scientific peer-reviewed journal of recent research performed by a leading global cannabis academic research team contrasting the vastly superior absorption and bioavailability of PBIO&#39;s UltraShear Nano-CBD versus the routinely reported oral-GI absorption of current CBD formulations. In light of these results, we are now embarking on studies of UltraShear Nano-CBD as an optimal effective strategy for a new generation of all-natural, edible food coatings.&quot;
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<a href="https://www.benzinga.com/markets/cannabis/23/01/30603119/these-companies-teamed-up-to-develop-cbd-nanoemulsion-sports-performancerecovery-drinks" target="_blank">These Companies Teamed Up To Develop CBD-Nanoemulsion Sports Performance/Recovery Drinks</a>

Often considered recession-proof, the life sciences sector faced a surprising amount of uncertainty over the past few years with up to 80% of companies saying they&rsquo;ve been <a href="https://www.mckinsey.com/industries/life-sciences/our-insights/resilience-in-life-sciences-emerging-stronger-from-the-downturn">negatively impacted</a> by the macroeconomic conditions that have shaken markets around the world.&nbsp;
But even as the inflation and supply chain disruptions that have put pressure on the sector persist, industry leaders are optimistic that innovation and adaptations can keep life sciences resilient. Here&rsquo;s what&rsquo;s shaping the industry in the year ahead and how Pressure BioSciences (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) is positioning itself to leverage new opportunities across the sector.&nbsp;
<h2>A $200 Billion Patent Cliff Is Redistributing Market Share And Rebalancing Portfolios</h2>
Just 7% of specialty drugs on the market today <a href="https://www.fiercehealthcare.com/payers/jpm23-cigna-ceo-cordani-says-coming-biosimilar-wave-offers-tremendous-opportunity">have biosimilar competitors in the U.S</a>. But as a flood of patent protections expires over the next few years, that number is expected to more than triple. That&rsquo;s because between 2020 and 2030, patents for drugs generating a combined $200 billion in annual revenue will <a href="https://www.biopharmadive.com/news/pharma-patent-cliff-biologic-drugs-humira-keytruda/642660/">lose patent protection</a>. That&rsquo;s spurring unprecedented expansion in the biosimilar market which is growing at an estimated compound annual growth rate of <a href="https://www.mckinsey.com/industries/life-sciences/our-insights/an-inflection-point-for-biosimilars">56%</a>, from $15 billion in 2020 to over $60 billion by 2030.&nbsp;
For the brands that originally benefited from that exclusivity, the so-called patent cliff represents a painful transition period as their revenue takes a hit and they&rsquo;re forced to find other ways to make up the losses. But for small and mid-sized biotechs and pharmaceutical companies, in particular, the patent cliff is a chance to develop a biosimilar competitor to these previously off-limits drugs.&nbsp;
Biosimilar drugs are cheaper and faster to bring to market thanks to the Food and Drug Administration&rsquo;s (FDA) <a href="https://www.fda.gov/drugs/biosimilars/review-and-approval#approval%20process">shorter approval process</a>. While the median cost of development for new drugs hovers around <a href="https://www.biopharmadive.com/news/new-drug-cost-research-development-market-jama-study/573381/">$1 billion</a>, costs for a biosimilar range from just <a href="https://www.mckinsey.com/industries/life-sciences/our-insights/an-inflection-point-for-biosimilars">$100 million to $300 million</a>. That lower cost of development allows companies to offer the drug to patients at a fraction of the cost &ndash; typically about <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4031732/#R28">30% cheaper</a> than the original.&nbsp;
For PBI, the growing biosimilar market is ripe for its pressure-based <a href="https://www.pressurebiosciences.com/pressure-cycling-technology-pct">BaroFold system</a>. The company designed the processing platform to give researchers precision control as they manipulate the unfolding and refolding of the protein drug candidates and other cell materials that are key to so many of the top biologics in development. The added precision made possible with the BaroFold system can improve the efficiency of the manufacturing process and the quality of the resultant drug candidate. But it can also potentially level up the safety and efficacy of the drugs made, giving biopharmas the opportunity to put out a biosimilar that&rsquo;s not just more affordable, but also more effective.&nbsp;
<iframe width="560" height="315" src="https://www.youtube.com/embed/7CpL_a8Im_s" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
<h2>Biopharmas Are Betting Big On Cannabis</h2>
In 2018, Jazz Pharma&rsquo;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jazz#NASDAQ">JAZZ</a>) Epidiolex, a seizure medication, became the first and only cannabis-derived prescription drug to receive FDA approval. Since then, more and more clinical trials are underway to develop other therapeutics tapping the plant&rsquo;s medicinal uses, but approval has been painfully slow because complex regulations added so many extra steps and redundancies.&nbsp;
That weedy regulatory landscape changed last year when President Biden signed the <a href="https://www.arnoldporter.com/en/perspectives/advisories/2022/12/medical-cannabis-research">Medical Marijuana and Cannabidiol Research Expansion Act </a>into law in December. Drug developers will no longer need to seek separate approval from the Drug Enforcement Agency (DEA). It also enforces shorter DEA registration and review processes and tasks the agency with ensuring that there is an adequate and uninterrupted supply of marijuana for researchers working on new therapeutics.&nbsp;
Earlier that same year, Jazz began construction on a <a href="https://www.fiercepharma.com/pharma/jazz-and-gw-pharma-grow-cannabinoid-manufacturing-ambitions-new-100m-plant">$100 million manufacturing facility</a> that will be dedicated to producing cannabis-based medicines. Meanwhile, the largest cannabinoid manufacturer in the world, Brains Bioceutical Corp (OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/tcnnf#OTCQX">TCNNF</a>) signed a landmark <a href="https://www.globenewswire.com/news-release/2023/04/04/2640242/0/en/Prati-Donaduzzi-Secures-the-Largest-Global-Pharma-Supply-Agreement-for-Natural-Cannabinoids-with-API-Manufacturer-Brains-Bioceutical.html">CBD supply agreement</a> in April with Brazilian drug manufacturing giant, Prati Donaduzzi.
PBI&rsquo;s <a href="https://www.pressurebiosciences.com/pressure-cycling-technology-pct">UltraShear&trade; Technology (UST&trade;) platform</a> is tailor-made to produce high-quality CBD nanoemulsions. It does this by breaking down the CBD oil into droplets that are so small, they effectively become water-soluble. That can turn an active ingredient contained in the oil that is <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7558665/#:~:text=The%20oral%20bioavailability%20of%20CBD,be%20considerably%20lacking%20%5B15%5D.">typically poorly absorbed</a> by the human body into one that&rsquo;s more easily and more consistently absorbed.
For the pharma companies working on cannabis-derived therapeutics, that improved absorption is key to delivering more precise dosing and developing drugs with more consistent and reliable therapeutic effects. That could be a game changer for medical cannabis research, which has been plagued by promising but inconsistent clinical results due to the low and unpredictable absorption rates of most cannabis-derived compounds.&nbsp;
Featured photo by <a href="https://unsplash.com/de/@jkoblitz">Julia Koblitz</a> on <a href="https://unsplash.com/de/fotos/RlOAwXt2fEA">Unsplash</a>.
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Pressure BioScience's Pressure-Based Tech Is Ready To Spur Innovation And Growth In A Life Sciences Sector In Flux

As the cannabis market moves steadily toward widespread legalization and acceptance, cannabidiol (CBD), one of the key medicinal compounds derived from the hemp plant, is appearing as an ingredient in more and more mainstream products. Even with legalization still not fully realized yet, the global cannabis market reached a value of <a href="https://www.contrivedatuminsights.com/product-report/cannabis-market-248604/">$13.4 billion</a> in 2022. The CBD oil segment alone accounted for more than a third of that, with a value of over <a href="https://www.grandviewresearch.com/industry-analysis/cannabidiol-cbd-market">$5 billion</a> in 2021.&nbsp;
As this emerging sector could continue to see explosive growth in the coming decade, manufacturers have been racing to develop more potent and cost-effective CBD-infused products. But it&rsquo;s the pressure-based emulsification achieved by Pressure BioScience&rsquo;s (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) patented UltraShear&trade; platform that seems to have made the biggest breakthrough so far. Here&rsquo;s why CBD nanoemulsification is key for this emerging market, and what sets PBI&rsquo;s technology apart from all others.
<h2>Why Manufacturers Are Racing To Make CBD Oil More Water Soluble</h2>
The reason CBD is becoming an increasingly popular additive in food, beverages, and other consumer products is that it acts as a mood booster and creates an overall sense of relaxation without the mind-altering effects of THC. Those relaxation effects make it the ideal additive for beers and seltzers, and it&rsquo;s even being used to create alcohol-free beer and wine alternatives that can still offer some of the relaxation effects that consumers look for when grabbing a drink with friends.&nbsp;
Research has also shown that CBD may act as an anti-inflammatory and a mild pain reliever. These <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7338332/">benefits</a> give it the potential to not only be a safer alternative to painkillers for people with chronic pain but also an ideal post-workout supplement to combat muscle soreness or improve recovery after an injury.&nbsp;
For all its potential, manufacturers have struggled to find a way to process CBD in a way that makes it more water-soluble. The human body can&rsquo;t absorb oil-based compounds like CBD nearly as well as water-soluble ones. It&rsquo;s so inefficient, in fact, that some studies show that <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7558665/#:~:text=The%20oral%20bioavailability%20of%20CBD,be%20considerably%20lacking%20%5B15%5D.">as little as 6%</a> of the CBD a person consumes actually makes it into their bloodstream.&nbsp;
So manufacturers typically have to add a lot more CBD than actually needed to make sure enough is absorbed to provide some of those health and well-being benefits. But actual absorption rates can vary considerably even for the same person, so it&rsquo;s all but impossible to dose CBD with any precision. A consumer might absorb an adequate amount of CBD one day but too little to make a difference the next day, creating an inconsistent experience with the product.&nbsp;
Processing CBD Oil into a standard emulsion is an inefficient and expensive process, which is why so many manufacturers have been trying to develop a method for processing CBD oil into a water-soluble nanoemulsion. The problem is that the most common methods use either heat or chemical additives, which can often lead to a breakdown in the quality, stability, and bioavailability of the CBD molecules.&nbsp;
Chemical emulsifiers have been linked to intestinal inflammation, metabolic syndrome and other <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6899614/">health problems</a> in recent studies. While heat emulsification doesn&rsquo;t pose the same health risks, the high temperatures have the potential to degrade heat-sensitive compounds like CBD oil. Some studies suggest that heat-treated CBD may be less potent than its unheated counterpart.
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<h2>PBI&rsquo;s UltraShear&trade; Technology Creates Nanoemulsions Without Harmful Heat Or Chemicals</h2>
PBI&rsquo;s UltraShear&trade; platform is one of the highest pressure processing homogenizing technologies in the world today. That ultra-high pressure accomplishes what other manufacturers have been trying to do with chemicals or heat. It slices through oil, breaking it down into nano-sized oil droplets that are so small, they are effectively water-soluble. By using pressure rather than heat or chemicals, PBI reports that it is able to unlock the potential of a water-soluble CBD oil without the risk of altering or damaging the active ingredient inside the oil.&nbsp;
At that nano-size, the oil droplets are also too small to recombine again, making the oil and water nanoemulsion extremely shelf stable. Studies on the shelf stability of PBI&rsquo;s nanoemulsions have shown that products remained emulsified (did not separate out into layers of oil and water) for up to <a href="https://www.benzinga.com/general/biotech/21/12/24744820/pressure-biosciences-shatters-preconceived-nanoemulsion-stability-performance-and-production-limi">18 months</a> after processing.&nbsp;
The nanoemulsion has already helped PBI secure landmark deals in the cannabis market. In December of last year, for example, PBI shipped <a href="https://www.benzinga.com/pressreleases/22/12/ac30060435/pressure-biosciences-announces-first-commercial-production-of-revolutionary-ultrashear-nanoemulsi">$75,000 worth of CBD oral sprays</a> manufactured with the UltraShear&trade; platform. It was the first of many planned as part of an agreement with Safer Medical of Montana.&nbsp;
In January, PBI <a href="https://www.benzinga.com/pressreleases/23/01/ac30480016/pressure-biosciences-nanoemulsions-platform-forging-game-changing-future-for-cannabis-industry">announced</a> the results from a consumer focus group that tested a THC oral spray manufactured on the same UltraShear&trade; platform. Results showed that consumers who took edibles infused with UltraShear&trade; processed THC felt first effects in an average of 3-5 minutes compared to the usual 30 to 60 minutes for edibles infused with standard, non-UltraShear&trade; processed THC.&nbsp; That same month, PBI signed a new <a href="https://www.benzinga.com/pressreleases/23/01/ac30601595/pressure-biosciences-and-one-world-products-announce-partnership-in-development-of-cbd-nanoemulsi">collaboration agreement</a> with One World Products, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/owpc#OTCQB">OWPC</a>), one of the world&rsquo;s leading cannabis producers, to develop a line of CBD-infused sports drinks. OWPC is led by Isiah Thomas, the basketball Hall of Famer.
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CBD Oil's Health Benefits Are Reportedly Locked Behind Poor Absorption Rates — This Pressure-Based Tech Company Says It's Found The Key

This week, Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) (&ldquo;PBIO&rdquo;) <a href="https://www.benzinga.com/pressreleases/23/03/ac31454795/pressure-biosciences-receives-1-5m-contract-for-ultrashear-nanoemulsified-cbd">announced</a> that it had received a $1.5 million contract for its breakthrough CBD nanoemulsion products. The manufacturing and distribution contract is with CBD Supply MD, the first CBD store in Maryland and one of the largest in the mid-Atlantic region. The leading retailer will begin selling PBIO&rsquo;s nano-CBD topical spray in their stores as well as online starting in April. PBIO estimates as much as $250,000 of that $1.5 million in revenue will be generated in the upcoming second quarter alone.&nbsp;
<h2>PBIO&rsquo;s Topical CBD Nanoemulsion Spray Is A &ldquo;Game Changer&rdquo; Offering Consumers More Potent Pain Relief</h2>
&ldquo;Their best-in-class UltraShear processed nano-CBD manifests unmatched bioavailability and long-term shelf stability that is unparalleled in the industry,&rdquo; said Mr. Keith E. Manley, Co-founder of CBD Supply MD in a statement about the new deal, adding that the topical spray was the first of many nano emulsified products the retailer plans to bring to market in partnership with PBIO.
The 30-milliliter bottle contains 40 milligrams of CBD oil per milliliter. But what makes the product such a game changer in the industry is that it&rsquo;s manufactured using PBIO&rsquo;s patented UltraShear&trade; technology. The pressure-based platform is uniquely designed to break down oil molecules using pressure rather than heat or chemicals that could alter or damage the product. More importantly, it breaks those molecules down into nano-sized droplets so small that they won&rsquo;t recombine into larger droplets after the emulsion settles.&nbsp;
This nanoemulsion process creates a more shelf-stable product that&rsquo;s also more easily absorbed by the body. Oil-based nutrients and supplements, like CBD, are typically poorly absorbed by the body, with as little as <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7558665/#:~:text=The%20oral%20bioavailability%20of%20CBD,be%20considerably%20lacking%20%5B15%5D.">6%</a> of the dose listed on the bottle actually making it into the bloodstream. Topical treatments can have even lower absorption rates because the large oil molecules struggle to penetrate all the way through the skin barrier. By emulsifying CBD into nano-sized droplets, the oil effectively becomes water-soluble and, as a result, more easily absorbed.&nbsp;
Studies have shown that CBD can <a href="https://pubmed.ncbi.nlm.nih.gov/31793418/">decrease neuropathic pain</a>, <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6429381/">reduce inflammation</a>, and potentially even alleviate psoriasis, eczema and other <a href="https://www.aad.org/news/topical-cannabis">inflammatory skin conditions</a>. Demand for topical CBD products, in particular, is growing as it&rsquo;s a way to get targeted pain relief and soothe inflammation where it&rsquo;s needed rather than taking an oral dose and waiting for it to be absorbed and eventually spread to the site of your pain.&nbsp;
Whether it&rsquo;s athletes wanting to soothe sore muscles after training or people suffering from chronic pain conditions like arthritis or back pain, topical CBD treatments offer a less addictive, less side-effect-heavy alternative to opioids and other commonly prescribed painkillers.&nbsp;
For consumers, the better absorption potential of PBIO&rsquo;s topical CBD spray means they can potentially get more relief with less product, stretching a single bottle longer than a less potent alternative. By offering a more bioavailable nanoemulsion, PBIO can increase potency without having to just increase the CBD concentration, making it a more cost-effective process.
An initial shipment of 850 vials of PBIO&rsquo;s breakthrough CBD nanoemulsion spray is already underway with a target of reaching CBD Supply MD shelves by mid-April.&nbsp;
The announcement comes on the heels of a slew of exciting news from the pressure-based technology company, including the news that PBIO&rsquo;s largest shareholder exchanged over <a href="https://www.benzinga.com/pressreleases/23/03/ac31125388/pressure-biosciences-announces-the-exchange-of-over-10-million-of-debt-into-equity">$10 million</a> of debt, or more than half of PBIO&rsquo;s total outstanding debt, into equity at $2.50 per share. And, in January, PBIO announced a new partnership with One World Products (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/owpc#OTCQB">OWPC</a>) to develop a <a href="https://www.benzinga.com/pressreleases/23/01/ac30601595/pressure-biosciences-and-one-world-products-announce-partnership-in-development-of-cbd-nanoemulsi">CBD-infused sports drink</a> using the same nanoemulsion technology. All of this helps PBIO further toward its goal of uplisting to NASDAQ or NYSE before the end of the year.&nbsp;
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Pressure BioSciences Wins $1.5 Million Contract From CBD Supply MD To Bring A Potent Nano-CBD Topical Spray To Store Shelves In April

Earlier in March, Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) (&ldquo;PBI&rdquo;) announced that its largest shareholder has converted <a href="https://www.benzinga.com/pressreleases/23/03/ac31125388/pressure-biosciences-announces-the-exchange-of-over-10-million-of-debt-into-equity">$10 million</a> of secured debt into unsecured preferred stock. The move is an important signal of confidence in PBI&rsquo;s growth potential and support for the company&rsquo;s plans for expansion this year.&nbsp;
The company has made steady and impressive progress in the commercialization of its proprietary Ultra Shear&trade; technology, a pressure-based based platform that can create shelf-stable nanoemulsions for use across dozens of industries including pharmaceuticals, food and beverage, cosmetics, skincare, supplements, nutraceuticals and agrochemicals. Here&rsquo;s a closer look at what the debt-to-equity conversion means for PBI&rsquo;s financial health and some of the recent milestones that have contributed to that growing investor confidence.
<h2>Debt To Equity Conversion Signals Increasing Investor Confidence In PBI&rsquo;s Strategic Position</h2>
The news is a major boost to PBI&rsquo;s balance sheet as the $10 million represents over half of the total debt owed to that investor and more than 30% of the company&rsquo;s total outstanding debt through February of this year. The exchange of convertible promissory notes, accrued and unpaid interest, and accrued and unpaid dividends into shares of common stock puts PBI in a stronger position to raise capital and continue expanding production capacity.&nbsp;
Above all, the conversion is a key signal of growing investor confidence as the deal was consummated at a value of $2.50 per share, which is about 38% higher than the stock&rsquo;s current open market price. Shares of PBI have been rallying since January, achieving more than <a href="https://www.barrons.com/market-data/stocks/pbio/interactive-chart">41%</a> growth year-to-date as of March 6.&nbsp;
PBI President and CEO Richard T. Schumacher anticipates other investors will soon convert debt into equity as well, and said, &ldquo;We are in discussions with other large shareholders who have expressed similar interest in supporting the Company through continuing improvements in our balance sheet, by exchanging additional millions of dollars of debt into equity, following the confidence and leadership demonstrated by the Company&rsquo;s long-standing, largest investor.&rdquo;&nbsp;
With the company&rsquo;s largest shareholder exchanging debt for equity and other major shareholders expected to do the same in the coming weeks, it&rsquo;s a good indicator that investors expect this stock to maintain that momentum.
<h2>PBI Continues Expansion Via Collaboration Agreements Across Multiple Industries</h2>
That bullish sentiment is largely driven by a series of recent milestones PBI has achieved over the past few months as the company works to transition into profitability and uplist to NASDAQ/NYSE. Among those achievements is the December announcement of a <a href="https://www.benzinga.com/pressreleases/22/12/ac29993055/pressure-biosciences-partnership-with-qvc-skincare-leader-dr-denese-skinscience-yields-unpreceden">partnership</a> with Dr. Adrienne Denese, the founder and president of Dr. Denese SkinScience.
Through the partnership, the renowned skincare expert, who has sold more than $500 million of her skincare products on QVC, will initially collaborate with PBI to develop topical nanoemulsions of a retinol serum and a Vitamin C serum, both of which are potent active ingredients in some of the leading anti-aging products on the market.&nbsp;
PBI&rsquo;s Ultra Shear technology will be used to break down these oil-based compounds into a potent nanoemulsion with the goal of making them more readily absorbed into the skin. Currently in clinical trials, commercial sales are expected to begin by the second quarter of this year.&nbsp;
In January, PBI announced another key <a href="https://ir.pressurebiosciences.com/press-releases/detail/420/pressure-biosciences-and-one-world-products-announce">partnership</a> with One World Products, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/owpo#OTCQB">OWPO</a>). Headed by NBA legend, Isiah Thomas, One World Products is Colombia&rsquo;s largest Black-controlled, fully licensed cannabis producer.
The two companies are collaborating on a line of next-generation sports drinks infused with cannabidiol (CBD) oil. In addition to its calming effects, <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7338332/">research</a> has shown that CBD oil may be able to reduce inflammation, relieve pain and speed up muscle recovery &ndash; all of which make it an ideal ingredient for a post-workout recovery drink. But the oil-based compound is poorly absorbed in the digestive system, meaning that as little as <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7558665/#:~:text=The%20oral%20bioavailability%20of%20CBD,be%20considerably%20lacking%20%5B15%5D.">6%</a> of the CBD oil in current infused products actually makes it into the bloodstream.&nbsp;
PBI&rsquo;s nanoemulsion technology has the potential to dramatically improve absorption rates by breaking the oil molecules down into droplets so small that they are effectively water-soluble. So the partnership will see One World Product&rsquo;s premium CBD oil processed into a nanoemulsion to make a potent CBD-infused sports drink for both athletes and health-conscious consumers.
That same month, PBI released the <a href="https://www.benzinga.com/markets/cannabis/23/02/31027646/pressure-biosciences-breakthrough-ultrashear-nanoemulsion-processing-could-help-revolutionize-th">initial results</a> from consumer focus group testing of a THC nanoemulsion oral spray that was made using the company&rsquo;s groundbreaking Ultra Shear technology. Like CBD, THC is an oil-based compound with poor absorption rates which makes precise dosing of edibles and other cannabis products difficult.&nbsp;
Where edibles can take up to an hour for consumers to begin feeling the effects, the focus group reported the first effects from the oral spray in under 10 minutes. That immediate effect can prevent consumers from accidentally taking stronger-than-necessary doses under the mistaken assumption that the edible isn&rsquo;t working.&nbsp;
In addition to being faster-acting, the easy-to-use oral spray is also intended as a safer alternative to vaping or smoking &ndash; the current consumption method of choice for those looking for a more immediate effect than edibles.&nbsp;
With marketing set to begin this quarter in California, the novel THC oral spray could start generating substantial revenue for PBI soon.
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Tech

OWPO

Conversion Of $10 Million Of Debt Into Equity Bolsters Pressure BioSciences's Balance Sheet, Signals Confidence In Plan To Transition To Profitability

A line of next-generation sports drinks infused with CBD and antioxidant nanoemulsions is set to come to market soon, thanks to a collaboration agreement <a href="https://www.benzinga.com/pressreleases/23/01/ac30601595/pressure-biosciences-and-one-world-products-announce-partnership-in-development-of-cbd-nanoemulsi">announced</a> in January between leading cannabis producer, One World Products, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/owpc#OTCQB">OWPC</a>) and Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>), developer of the breakthrough UltraShear&trade; nanoemulsification technology.
The <a href="https://www.ift.org/news-and-publications/food-technology-magazine/issues/2022/april/features/sports-nutrition">$9.5 billion</a> sports drink market is growing consistently, as not just athletes but general consumers increasingly prioritize health, performance and fitness in a post-pandemic world. This new line of CBD-infused sports drinks will sit at the intersection of that demand for higher-performing, healthier sports drinks and the emerging CBD-infused beverage market, which is currently growing at lightning speed, with an estimated compound growth rate of <a href="https://www.globenewswire.com/en/news-release/2022/09/14/2516323/0/en/With-27-5-CAGR-Global-CBD-Infused-Beverages-Market-Size-Worth-USD-14-600-Million-by-2026-Exclusive-Report-by-Facts-Factors.html">27.5%</a> per year.&nbsp;
Here&rsquo;s a closer look at what&rsquo;s driving growth in the sports drink and CBD-infused beverage markets, and how the OWPC-PBIO collaboration is planning to set a new standard for potent performance and recovery drinks.&nbsp;
<h2>CBD Is Primed For The Sports Drink Market, But Adoption Has Been Hampered By Poor Absorption Rates</h2>
Cannabidiol (CBD) is one of the non-psychoactive compounds found in cannabis that has gained popularity in the self-care and wellness space for a mixture of benefits, including pain and inflammation reduction, anxiety reduction, relaxation and as a sleep aid.&nbsp;
Many in the CBD-infused beverage industry are focused on CBD as a mood booster and relaxation product, producing CBD-infused beers and seltzers, or more innovative CBD-infused alcohol alternatives like the alcohol-free CBD beer Hi-Fi Sessions from Lagunitas Brewing Company (OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/heiny#OTCQX">HEINY</a>).&nbsp; But CBD has the potential to offer more than just calming benefits to consumers.&nbsp;
Most notably for the sports drink market, <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7338332/">studies</a> have found that CBD can reduce inflammation and speed up muscle recovery after exercise. It can also reduce neuropathic pain, the kind caused by nerve damage that can occur during intense training or sports injuries, and may speed up the healing process for bone injuries.&nbsp;
However, a key challenge beverage makers face is creating a CBD-infused drink that the body can efficiently absorb. Oil-based compounds like CBD are generally poorly absorbed by the water-based biochemistry of our bodies, with research showing that as little as <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7558665/#:~:text=The%20oral%20bioavailability%20of%20CBD,be%20considerably%20lacking%20%5B15%5D.">6%</a> of the dose consumed in current products actually makes it into the bloodstream. The rest is wasted, passing through the digestive system unused.
This means consumers do not get the full benefits of the CBD oil infused into their beverage, while manufacturers are having to compensate for low absorption by paying to add far more of the active ingredient than they would need to if it could be more efficiently absorbed.&nbsp;
That&rsquo;s the problem that the CBD-infused sports drink line in development by PBIO and OWPC will be resolving, while maximizing CBD&rsquo;s potential as a performance and recovery enhancer.&nbsp;
<h2>UltraShear&trade; Nanoemulsions Are Key To The Edge That The New CBD-Infused Sports Drinks Will Deliver To The Market</h2>
&ldquo;This next-generation CBD-nanoemulsion beverage is being designed for fast reduction of inflammation and pain, improved recovery time, and enhanced overall performance - all to be achieved quicker than any competing drink on the market today,&rdquo; said OWPC CEO and NBA Hall-of-Famer, Isiah Thomas.&nbsp;
To improve CBD absorption rates, the drink will be manufactured using PBIO&rsquo;s patented UltraShear&trade; platform that can break down the oil containing the active CBD molecules into vanishingly tiny, nanosized droplets that are effectively water-soluble. Not only can this dramatically improve absorption rates, but it also makes the emulsion very shelf stable, because the nano-sized droplets are so small that they are easily stabilized and don&rsquo;t recombine into larger (less efficient for absorption) oil droplets while the beverage is sitting on store shelves. Tests have reported <a href="https://ir.pressurebiosciences.com/press-releases/detail/384/pressure-biosciences-shatters-preconceived-nanoemulsion">over 30 months</a> of shelf-stability for CBD nanoemulsions made using PBIO&rsquo;s cutting-edge UltraShear technology.&nbsp;
The UltraShear&trade; technology achieves this by shearing the CBD oil under extreme pressure into tiny nanosized droplets while minimizing the heat or chemical additives involved in the emulsification processes. That gives their forthcoming CBD sports drink a distinct edge in a market where consumers are increasingly concerned about the quality, performance, and purity of ingredients in the beverages they drink.&nbsp;
&ldquo;OWPC has become a leading producer of the highest quality and sustainably sourced hemp-derived CBD in Colombia, and is closely partnered with their government and indigenous populations,&rdquo; said PBIO President and CEO, Richard T. Schumacher, &ldquo;and we are proud to partner with them on this quality and performance leading, innovative new sports drink offering.&nbsp; Through this partnership, OWPC&rsquo;s high-quality CBD oil will be processed into a potent nanoemulsion with PBIO&rsquo;s UltraShear technology, so that it can be rapidly and more fully absorbed by the body to help fuel better workout performance and better post-workout recoveries.&rdquo;&nbsp;
OWPC&rsquo;s new sports drink line will also include formulations with nanoemulsions of other oil-based performance-enhancing ingredients, like vitamins and nutraceuticals that traditionally struggle with the same poor absorption issues.&nbsp;
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HEINY

One World Pharma's NBA Legend Isiah Thomas Is Creating CBD-Infused Sports Performance/Recovery Drink, Tapping Power Of Pressure BioSciences Nanoemulsions To Amplify Absorption Rates

NBA&nbsp;Hall of Famer&nbsp;and sports legend-turned-<a href="https://www.benzinga.com/cannabis">cannabis</a> entrepreneur Isiah Thomas knows how to make his dreams come to life.
The ex-Detroit Piston is CEO and chairman of One World Products Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/owpc#OTC">OWPC</a>), the largest Black-controlled, licensed hemp and cannabis producer in Colombia. His current mission is to produce hemp cars.
&quot;I envision a future where the Fords, the GMs, the Stellantis&#39; of the world take plastics out of their automobiles and infuse them with industrial hemp to replace those plastics, thus reducing their carbon footprint,&quot; Thomas told Benzinga&#39;s <a href="https://www.benzinga.com/author/javier-hasse">Javier Hasse</a> in a<a href="https://www.benzinga.com/markets/cannabis/22/06/27820626/isiah-thomas-hemp-cars"> recent interview.</a>
According to an&nbsp;agreement with Stellantis, one of the largest automakers worldwide and owner of Chrysler, Citro&euml;n, Dodge, Fiat, Jeep, Peugeot and other portfolio brands, OWP will develop and supply hemp-based bioplastic components for cars&#39; interiors and exteriors.
&quot;Think of us as the raw material supplier of hemp and cannabis to the industry,&quot; said Thomas, a returning guest of Benizinga&#39;s<a href="https://www.benzinga.com/markets/cannabis/20/05/16123323/benzinga-cannabis-capital-conference-presents-isiah-thomas-nba-legend-and-cbd-investor"> Cannabis Capital Conferences&nbsp;</a>over the <a href="https://www.benzinga.com/markets/cannabis/22/04/26728717/exclusive-how-isiah-thomas-is-making-an-esg-play-with-cannabis">past several years.</a> &quot;We cultivate and we grow in Colombia because of the equatorial advantages that it gives us, we work with the indigenous farmers, and we work with the soil and the sun. Not only in the CBD space but also in the hemp space.&quot;
<h3>Hemp-Based Solutions To Replace Plastic</h3>
It all started in 2020 when OWP partnered with a subsidiary of Isiah International Inc. - Thomas&#39; eponymous firm he founded in the 1990s - to develop and commercialize renewable hemp-based alternatives to plastics.
Some two years later, Isiah International and OWP, which has been under Thomas&#39; helm<a href="https://www.benzinga.com/markets/cannabis/20/06/16178659/one-world-pharma-names-former-detroit-piston-isiah-thomas-as-ceo"> since mid-2020</a>, entered into a<a href="https://www.benzinga.com/markets/cannabis/22/05/27036920/one-world-products-and-afro-colombian-organization-announce-agreement-to-control-over-1-000-000-"> partnership</a> with AMUNAFRO, the National Association of Mayors of Municipalities with Afro-Colombian populations, to <a href="https://www.benzinga.com/markets/binary-options/22/06/27615434/exclusive-isiah-international-and-one-world-products-take-next-steps-towards-commercializi">control</a> over one million acres in Colombia and focus on industrial hemp production while commercializing the vast carbon credit opportunities contained. The idea was to produce hemp and hemp derivates in association with local farmers to supply the auto industry, among others, with plastic substitutes. Shortly after, Isiah International and OWP<a href="https://www.benzinga.com/markets/cannabis/22/05/27290188/isiah-thomas-isiah-international-one-world-expand-team-share-plans-for-hemp-to-reduce-oil-based-"> appointed </a>three highly-qualified executives with&nbsp;expertise in plastics, engineering and design within the automotive industry.
&quot;When we look at plastic, anything will be made of hemp and we wanna be the biggest supplier of that,&quot; Thomas said. &quot;Not only can you use hemp to build the car, but for fuel, food, and plastics.&quot;
The Chicago native <a href="https://www.benzinga.com/markets/cannabis/22/04/26728717/exclusive-how-isiah-thomas-is-making-an-esg-play-with-cannabis">called hemp </a>&quot;life-changing&quot; at&nbsp;last year&#39;s<a href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article"> Benzinga Cannabis Capital Conference</a>, which returns to Miami Beach&rsquo;s historic <a class="core-block" href="https://book.passkey.com/gt/218651941?gtid=6da80e1da6d9fe3f510f9e585f737e96" target="_blank">Fontainebleau Hotel</a> April 11-12. Thomas says hemp is&nbsp;&quot;an opportunity not only to impact and change lives today but also down the road.&quot;
<h3>A Seasoned Entrepreneur Across Numerous Niches</h3>
The NBA legend has<a href="https://www.benzinga.com/markets/cannabis/20/07/16812515/isiah-thomas-from-nba-champion-to-champagne-to-cannabis"> proven successful</a> in other niches as well, such as real estate, champagne imports, waste removal and entertainment.
Thomas&#39;&nbsp;holding company&#39;s&nbsp;portfolio includes cannabis oil,&nbsp;CBD companies and Cheurlin Champagne, which he acquired in 2015. In 2021 Cheurlin Champagne<a href="https://www.benzinga.com/news/21/02/19856803/coming-soon-to-walmart-sams-club-target-isiah-thomas-cheurlin-champagne"> hit shelves</a> at Sam&#39;s Club and Target.
Thomas has said that his secret to building a successful business is&nbsp;good communication.
&quot;From a communication perspective, it&#39;s being able to take your vision, impart it to your team and have everyone buy into the vision in terms of becoming the best. Inspiring them and motivating them to give their best every single day,&quot; he <a href="https://www.benzinga.com/markets/cannabis/20/10/17720782/what-isiah-thomas-learned-on-the-court-helped-him-find-success-in-cannabis-champagne-and-beyond">said.</a> &quot;That&#39;s what I&#39;ve brought to the table, and that&#39;s what I bring to the table as a CEO of One World Pharma.&quot;
<h3>Building A Successful Business</h3>
Taking his own philosophy to heart, that&#39;s is how&nbsp;the 12-time NBA All-Star one of the 50 greatest players in the league&#39;s history, took OWP&nbsp;from a supplier of chemical formulators and a&nbsp;food and beverage producers to become one of the largest hemp and cannabis producers in Colombia.
How Did He Do It?
In March 2020 when&nbsp;OWP <a href="https://www.nasdaq.com/press-release/one-world-pharma-becomes-legal-seller-of-hemp-cbd-seeds-in-two-large-colombian">became </a>a legal seller of hemp and CBD seeds in Colombia, OWP&nbsp;<a href="https://www.benzinga.com/markets/cannabis/20/06/16391308/isiah-thomas-one-world-pharma-is-moving-quickly-as-seed-sales-commence-in-colombia">began selling </a>hemp seeds several months later and <a href="https://www.benzinga.com/markets/cannabis/20/08/16899869/one-world-pharma-completes-first-thc-harvest">completed its first THC harvest</a>&nbsp;in&nbsp;August. Following a&nbsp;<a href="https://www.benzinga.com/markets/cannabis/21/02/19562224/isiah-thomas-invests-3m-into-cannabis-co-one-world-pharma">$3 million investment </a>in OWP, Thomas spearheaded the <a href="https://www.benzinga.com/markets/cannabis/21/08/22465464/isiah-thomas-one-world-pharma-announces-vertically-integrated-high-capacity-colombian-cannabis-e">construction</a>&nbsp;of&nbsp;an extraction facility, making it one of the first companies in the country to hold licenses and the capability to extract high-quality CBD and THC oils.
Over the years, the company has <a href="https://www.benzinga.com/markets/cannabis/22/08/28527448/here-are-9-growing-latin-american-cannabis-companies-you-should-know-about">invested</a>&nbsp;in the development and relationship with the surrounding indigenous people and&nbsp;local farmers by&nbsp;creating an autonomous infrastructure and economy enabling&nbsp;them to&nbsp;receive the genetics and seeds to grow hemp and resell&nbsp;and to become&nbsp;shareholders in the company.&nbsp;
Recently OWB undertook a&nbsp;<a href="https://www.benzinga.com/markets/cannabis/23/01/30603119/these-companies-teamed-up-to-develop-cbd-nanoemulsion-sports-performancerecovery-drinks">collaboration</a> with Pressure BioSciences, Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTC">PBIO</a>) to&nbsp;develop a line of sports performance/recovery drinks.
Thomas said,&nbsp;&quot;this next-generation CBD-nanoemulsion beverage is being designed for fast reduction of inflammation and pain, improved recovery time, and enhanced overall performance.&quot;
<h3>Benzinga Cannabis Capital Conference</h3>
The most successful cannabis business event in the world, the <a class="c-link" href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article" rel="noopener noreferrer" target="_blank">Benzinga Cannabis Capital Conference</a>, returns to Miami April 11-12. 
This is the place where DEALS GET DONE, where money is raised, M&amp;A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel. Don&rsquo;t miss out.&nbsp;<a class="c-link" href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article" rel="noopener noreferrer" target="_blank">Secure your tickets now</a>&nbsp;before prices go up.
Photo: Benzinga staff&nbsp;

Events

Isiah Thomas: From NBA Champ To Business Mogul, Hemp Cars, CBD Drinks & Champagne Producer

Earlier this month, Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) <a href="https://www.benzinga.com/pressreleases/23/01/ac30480016/pressure-biosciences-nanoemulsions-platform-forging-game-changing-future-for-cannabis-industry">announced</a> potentially ground-breaking results from a consumer focus group testing a THC oral spray developed using the company&rsquo;s innovative UltraShear&trade; Technology nanoemulsification platform. The oral spray boasted strong potency and extremely fast absorption that could put it on track to become a best-in-class cannabis product in terms of speed to effects, stability, and bioavailability.&nbsp; The THC oral spray tested in this consumer focus group is being developed in partnership with California-based cannabis manufacturer, Cr&egrave;me De Canna.
The news comes on the heels of the company&rsquo;s December <a href="https://www.benzinga.com/pressreleases/22/12/ac30060435/pressure-biosciences-announces-first-commercial-production-of-revolutionary-ultrashear-nanoemulsi">announcement</a> of its first commercial shipment of a CBD oral spray manufactured with the same UltraShear technology. The $75,000 shipment to Safer Medical of Montana is the first of many shipments the company expects to make to distributors of CBD products throughout the U.S. during 2023. In recent press releases, PBIO has stated that CBD products manufactured using its patented UltraShear platform could potentially yield many millions in revenue before the end of its 2023 fiscal year.&nbsp;
<h2>Slow And Inconsistent THC Absorption Remains A Key Challenge for Cannabis Manufacturers</h2>
Because cannabinoids, like the well-known THC and CBD, are oil-soluble rather than water-soluble, the human body struggles to absorb them efficiently. As a consequence, much of the active ingredient in edible cannabis products is absorbed slowly, intermittently, or hardly at all.&nbsp;
In one <a href="https://pubmed.ncbi.nlm.nih.gov/16237477/">review</a> of cannabis research, only 4% to 12% of THC was absorbed by the body when taken orally. Not only does that mean that the majority of the THC in an edible ends up getting wasted, but the variation in bioavailability between 4% and 12% is highly significant. A consumer eating the same edible product from the same manufacturer with the same dose might absorb just 4% one day but 12% the next day, leading to very different results.&nbsp;
This makes it incredibly difficult for manufacturers to achieve precise dosing and effects in their edibles. It also increases production costs since they often need to include more than the minimum effective dose to compensate for the fact that most of the active ingredients won&rsquo;t be absorbed.
In addition to inefficient and inconsistent cannabinoid absorption, another challenge in the edible cannabis industry is absorption time. It is estimated to take anywhere from <a href="https://www.ccsa.ca/sites/default/files/2019-06/CCSA-Cannabis-Inhaling-Ingesting-Risks-Infographic-2019-en_1.pdf">30 minutes to two hours</a> from the time a consumer ingests an edible to the time they start to feel its first effects, and then up to four hours to achieve peak effects.&nbsp;
&ldquo;Impatient consumers may repeatedly consume their edibles, only to be unhappily overdosed shortly thereafter,&rdquo; explained PBI&rsquo;s Director of Sales and Marketing, John Hollister in a <a href="https://www.benzinga.com/pressreleases/23/01/ac30480016/pressure-biosciences-nanoemulsions-platform-forging-game-changing-future-for-cannabis-industry">statement</a> on the consumer testing results. For patients using cannabis as a treatment for pain, anxiety, or depression, that delayed response also means edible cannabis is often unable to provide the instant relief they need.&nbsp;
While smoking or vaping comes with a higher bioavailability of around 30% and a faster response time of seconds or minutes, the respiratory health consequences make it a less-than-ideal option, especially for regular use.&nbsp;
<h2>PBI&rsquo;s UltraShear Nanoemulsion Technology Could Be A Breakthrough In Achieving Precision Dosing for THC, CBD, and Other Products</h2>
Consumers in the focus group reported that the first effects could be felt less than 10 minutes after initially using the innovative UltraShear processed THC oral spray, with many reporting noticeable effects within 1-5 minutes. Peak effects were achieved between 15-60 minutes after taking the dose. The results of this initial focus group could be a game-changer for an industry that&rsquo;s been struggling with the challenges around consistent dosing and effective non-inhalation absorption.&nbsp;
&ldquo;This testing has provided dramatic consumer-level validation in the cannabis market for our UltraShear nanoemulsion capabilities and for its expected market-changing impact,&rdquo; said Mr. Hollister.&nbsp;
The UltraShear technology used to make the oral spray is PBI&rsquo;s patented pressure-based platform that&rsquo;s capable of creating what the company describes as the &ldquo;best-in-class&rdquo; nanoemulsions worldwide. In the cannabis nanoemulsion, the oil drops containing the CBD or THC molecules are sheared down to a nanosize so small that they are effectively water-soluble. This makes for a significantly more easily absorbed product that can be more precisely and accurately dosed.
For consumers, that means more immediate and consistent effects every time they use an UltraShear processed oral spray or other mechanisms for ingestion. For manufacturers, that improved bioavailability means smaller amounts of THC or CBD are required to achieve an effective dose since the less active ingredient is getting wasted - thus saving the manufacturer money.
&ldquo;It provides an easy-to-use, reliable, and healthy alternative dosing format, with nearly immediate onset and a consistent experience associated with inhaling, but without the respiratory health risks associated with smoking and vaping.&nbsp; It also eliminates the frustrating delayed effects, imprecision, and frequent overdosing associated with edibles,&rdquo; said Cr&egrave;me De Canna President, Jonathan Kolodinski.
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Pressure BioSciences' Breakthrough UltraShear Nanoemulsion Processing Could Help Revolutionize The Edible Cannabis Industry

Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) and One World Products, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/owpc#OTCQB">OWPC</a>) have entered into an active collaboration agreement under which the two companies will combine their strong, symbiotic capabilities to develop a line of sports performance/recovery drinks.
The sports performance/recovery drink market encompasses live sports performance optimization, rapid and effective full recovery post-performance, and health and wellness areas - including immune health and antioxidant benefits. Fast delivery and uptake of therapeutic and nutritional ingredients must be made effective for the many oil-soluble active ingredients used in sports drinks. This is where PBIO&#39;s UltraShear nanoemulsions platform technology is already demonstrating results across multiple major consumer market applications.
Isiah Thomas, chairman and CEO of OWPC, stated: &quot;This revolutionary new line of sports performance/recovery drinks will contain OWPC&#39;s premium quality CBD that has been processed into a highly stable and extremely bioavailable nanoemulsion by PBIO&#39;s patented UltraShear technology platform. This next generation CBD-nanoemulsion beverage is being designed for fast reduction of inflammation and pain, improved recovery time, and enhanced overall performance - all to be achieved quicker than any competing drink on the market today. It is being formulated to help athletes push through the tough moments of a workout or competition, and to recover more quickly afterward. In professional and even amateur sports, athletes understand the criticality of peak performance and recovery.&quot;
The most successful cannabis business event in the world, the <a href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article" target="_blank">Benzinga Cannabis Capital Conference</a>, returns to Miami for its 16th edition. This is the place where DEALS GET DONE, where money is raised, M&amp;A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don&rsquo;t miss out. <a href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article" target="_blank">Secure your tickets now</a>. Prices will surge very soon.
Photo: Benzinga edit with photos by jarmoluk and lindsayfox on Pixabay
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These Companies Teamed Up To Develop CBD-Nanoemulsion Sports Performance/Recovery Drinks

Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) announced results from initial consumer focus group testing of a THC Nanoemulsion Oral Spray prepared using PBI&#39;s Ultra Shear Technology platform. Preparation of the THC Nanoemulsion Oral Spray was completed by PBI&#39;s California-based partner companies, including Cr&egrave;me De Canna.
John B. Hollister, PBI&#39;s director of sales and marketing, stated: &quot;Cannabinoids like THC are oil-soluble molecules that are typically poorly absorbed when ingested by our water-based human bodies. For THC edibles, most consumers report waiting 30-60 minutes for first effects and 60-90 minutes to peak effects. Impatient consumers may repeatedly consume their edibles, only to be unhappily over-dosed two hours later. Conversely, smoking and vaping produce first effects immediately and peak effects quickly but are increasingly in disfavor for the well-known respiratory health consequences that accumulate.&quot;
Hollister continued: &quot;PBI&#39;s partners in California used our revolutionary UltraShear platform to prepare extreme nanoemulsions of THC into an Oral Spray for consumer testing. Multiple test groups have confirmed that the UltraShear Nanoemulsion THC Oral Spray produces first effects between 1-10 minutes, often in the first 1-5 minutes, with peak effects reached in 15-60 minutes, often within 15-30 minutes. This testing has provided dramatic consumer-level validation in the cannabis market for our UltraShear nanoemulsion capabilities and for its expected market-changing impact. We are anticipating substantial revenues from the first THC UltraShear Nanoemulsion Oral Spray to be marketed by our California partners, beginning in this quarter.&quot;
Jonathan Kolodinski, president of CdC, stated: Cr&egrave;me De Canna is very excited to partner with PBI on the development of this groundbreaking dosing modality that will disrupt the global cannabis marketplace. This innovative product has strongly addressed the needs and concerns from both the edibles and inhalation sides of the cannabis consumer marketplace. It provides an easy to use, reliable, and healthy alternative dosing format, with the immediate onset and consistent experience associated with inhalables but without the respiratory health risks, and it eliminates the frustrating delayed effects, imprecision, and frequent overdosing associated with edibles, as well as the calories!&quot;
Get your daily dose of <a href="http://www.benzinga.com/cannabis" target="_blank">cannabis news</a> on Benzinga Cannabis. Don&rsquo;t miss out on any important developments in the industry.
Photo by <a href="https://unsplash.com/@timberfoster?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Tim Foster</a> on <a href="https://unsplash.com/photos/A-rAZGIE2pA?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a> 
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Is Getting High In 10 Minutes Without The Respiratory Health Risks Possible? Company Clams It Is With New THC Oral Spray

Pressure BioSciences Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables and specialty-testing services to the worldwide cosmetics, nutraceuticals, biotherapeutics and food/beverage industries, today announced the company will team up with science-driven skin-care industry leader Dr. Adrienne Denese, the creator and president of Dr. Denese SkinScience&reg; &mdash; one of the most successful, highly rated, award-winning and longest-lasting skin care lines in the history of Quality Value Convenience (QVC).&nbsp;
Under the two-year collaborative research and development agreement between Pressure BioSciences and Dr. Denese SkinScience, the two companies will decide on specific skin care projects to pursue. Statements of work will be developed, with approved budgets, timetables and remuneration formulas for both companies.&nbsp;
<h3>Completed Work</h3>
Pressure BioSciences (PBI) and Dr. Denese have already agreed to focus on the use of PBI&rsquo;s unique Ultra Shear Technology&trade; (UST) nano emulsification platform to enhance existing and develop new skin care products for Dr. Denese SkinScience. The UST platform&rsquo;s proven ability to process oil-based active ingredients such as retinol, vitamins and antioxidants into effective water-soluble formulations is expected to offer more effective absorption, bioavailability and therapeutic benefits to users of Dr. Denese SkinScience existing quality-leading skin care products.&nbsp;
<h3>Comments From Executives</h3>
Denese said, &ldquo;Having achieved over $560 million in QVC sales over a 20-year period, I am very proud of our company&rsquo;s track record, my team and the very loyal customer base that we have built under the Dr. Denese SkinScience brand. My mission has always been to develop and deliver the highest-quality skin care products with life-changing effectiveness. Therefore, I could not be more excited at the prospect of teaming up with PBI and putting their UST platform&rsquo;s remarkable breakthrough in nanoemulsion effectiveness to work, in new generations of skin care products.&nbsp;&nbsp;
&ldquo;I believe our partnership offers the opportunity to make new category-changing products that I have dreamed about to enhance selected existing products and to take these revolutionary new products to much greater heights and to many new customers through our existing QVC, e-commerce and Amazon.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) channels as well as through our new Costco Wholesale Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cost#NASDAQ">COST</a>) affiliation.&rdquo;&nbsp;
PBI President and CEO Richard T. Schumacher observed, &ldquo;From 2019 to 2021, Dr. Denese averaged close to $20 million per year in total sales. In 2022, with help from new channel partner Costco, sales are expected to increase significantly. The launch of a new generation of products processed by PBI&rsquo;s patented UST platform, for the first time ever in the cosmeceuticals area, is planned for 2023, which we expect to result in a very fulfilling and exciting year for Dr. Denese and her very loyal customers &mdash; and for PBI!&rdquo;
Schumacher concluded, &ldquo;Although final determination of the order of development of these new and enhanced products is yet to be announced, both Dr. Denese SkinScience and PBI understand that these are potential game-changers in an industry whose 2021<a href="https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.grandviewresearch.com%2Findustry-analysis%2Fskin-care-products-market&amp;data=05%7C01%7CRSchumacher%40pressurebiosciences.com%7Cee84f5bb3ed043ca907f08da83b9e1f2%7Ca7a3153e74774131a502f72b80c396e6%7C0%7C0%7C637967131615086057%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=4N%2BwIzUuIQh9BWc1HJQJczjULb2Kq4WnkAC1rZPJ%2F%2FM%3D&amp;reserved=0"> global market size was estimated to be over $130 billion.</a> We look at this partnership as an opportunity for multimillion-dollar accretive revenue growth for both companies over the next two years, with the potential to dramatically enhance the growth trajectory and profitability of both Dr. Denese SkinScience and PBI for years to come.&rdquo;
<h3>About Pressure Biosciences</h3>
Pressure BioSciences Inc. is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for life sciences and other industries worldwide. Its products are based on the unique properties of both constant and alternating hydrostatic pressure.&nbsp;
Pressure cycling technology (PCT) is a patented, enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to control bio-molecular interactions safely and reproducibly. Its primary focus is on 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.&nbsp;
Additionally, major new market opportunities have reportedly emerged in the use of their pressure-based technologies in two major areas. The first is the use of its recently acquired, patented technology from BaroFold Inc. to allow entry into the bio-pharma contract services sector. The second is the use of its recently patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (UST) platform. The latter allows users to create stable nanoemulsions of otherwise immiscible fluids such as oils and water and to 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 on Pressure Biosciences, click <a href="https://www.pressurebiosciences.com/">here</a>.&nbsp;
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AMZN

COST

Pressure Biosciences Secures Partnership With Dr. Denese SkinScience, A 20-Year Leader In Cosmeceuticals With Over $500 Million In Sales

Pressure BioSciences Inc&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTC">PBIO</a>) has teamed up with Dr. Adrienne Denese for a two-year Collaborative Research and Development Agreement.
What Happened:&nbsp;Dr. Adrienne Denese is the creator and President of Dr. Denese SkinScience &ndash; one of the long-lasting skincare lines in the history of QVC, a part of&nbsp;Qurate Retail Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qrtea#NASDAQ">QRTEA</a>)
The companies will prioritize specific skincare projects to pursue. Statements of Work will be developed with approved budgets, timetables, and remuneration formulas.
Pressure BioSciences and Dr. Denese have already agreed to focus on using PBI&#39;s Ultra Shear Technology (UST) nano emulsification platform to enhance existing and develop new skincare products for Dr. Denese SkinScience.&nbsp;
The UST platform can process oil-based active ingredients into effectively water-soluble formulations.
Why It&#39;s Important:&nbsp;Dr. Adrienne Denese said the company had achieved over $560 million in QVC sales over 20 years.
Richard Schumacher, President &amp; CEO of Pressure BioSciences, observed: &quot;From 2019 - 2021, Dr. Denese averaged close to $20 million per year in total sales. In 2022, with help from the new channel partner Costco, sales are expected to increase significantly.&quot;&nbsp;
&quot;The launch of a new generation of products processed by PBI&#39;s patented UST platform, for the first time in the cosmeceuticals area, is planned for 2023, which we expect to result in a very fulfilling and exciting year for Dr. Denese and her loyal customers &ndash; and PBI,&quot; Schumacher added.
Price Action:&nbsp;PBIO shares closed at $1.77 on Tuesday.

Market-Moving Exclusives

Exclusives

QRTEA

QRTEB

QRTEP

EXCLUSIVE: Pressure BioSciences Inks Cosmeceuticals Partnership Using Nano Emulsification Platform

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This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.
Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) announced that it has signed a multi-year development and manufacturing agreement with Safer Medical of Montana (&ldquo;SMM&rdquo;). This Agreement covers the development of final product formulations followed by commercial production.
All products will contain high quality nanoemulsions of oils in water, spanning a variety of active ingredients, produced using PBI&rsquo;s revolutionary Ultra Shear Technology&trade; (UST&trade;) platform. PBI and SMM are committed to completing the final formulation development for their first jointly developed product &ndash; a CBD topical spray - before May 31, 2022, followed by the manufacture of two pilot runs in June. Production for commercial sale is expected to begin in Q3 2022, under PBI&rsquo;s recently announced Early Access Program. These products will be the first to be commercially sold into the consumer market that contains UST-produced nanoemulsions.&nbsp;
PBI&rsquo;s Chairman, Jeffrey N. Peterson, commented: &ldquo;<a href="https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fyoutu.be%2FWRLKb-_qOV8&amp;data=05%7C01%7CRSchumacher%40pressurebiosciences.com%7C26c1cde4b45047e824b708da29f2dca3%7Ca7a3153e74774131a502f72b80c396e6%7C0%7C0%7C637868420346853439%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=g22ro0izkoEypSkE1RKaFJ1fNj%2F%2B6m3s6Pia8AOQ%2BvM%3D&amp;reserved=0">As announced on April 27,</a> PBI determined that the pressing immediate demand for UST-produced nanoemulsions required us to make an Early Access production program available to existing and new customers. We are continuing to advance our announced plans to have UST platform systems and laboratory development and production facilities operational in late 2022. As the PBI team continues to work on UST nanoemulsions formulation development for a number of companies in diverse markets (nutraceuticals, cosmetics, agrochemicals, and pharmaceuticals), we are evaluating which of these customers are appropriate for inclusion in this Early Access Program.&rdquo;
Mr. John B. Hollister, Director of Sales and Marketing at PBI, shared: "It is an exciting challenge to have customers pushing us to move faster into the launch of our UST processing services. We&rsquo;ve been completing &ldquo;proof of concept&rdquo; runs for a number of companies in different markets, and each of them has been amazed by the product improvements resulting from UST processing.&nbsp; Along the way, we have learned a great deal about how to optimize the potential of the nanoemulsion-creation process performed within the UST platform (which has resulted in additional patent filings). One of the primary goals enabled and achieved by UST is to minimize the need for artificial and/or undesirable chemical additives that are routinely used by many current manufacturers to create and stabilize existing emulsion products at the macro, micro and nanoscales. As consumers begin to experience the clear benefits of these newly created UST nanoemulsion products, we eagerly anticipate the tectonic shifts in market expectations and dynamics that we and our partners are confident will ensue.&rdquo;&nbsp;
Mr. Hollister continued: &ldquo;It was easy for us to say yes to opening our Early Access Program for Captain George Ackerson, the CEO and Founder of Safer Medical of Montana, whose mission of helping others traces back through his modest upbringing, the Church, and his service as an OH-6/LOH helicopter pilot in Vietnam. Specifically, his commitment to improving the lives of enormous numbers of veterans suffering from chronic pain was utterly compelling.&nbsp; We had achieved a big head start with him, as we have already completed a number of steps towards final formulation development, and we are confident that we can take this from agreement to commercialization in a very short timeframe.&rdquo;&nbsp;
Captain Ackerson explained, &ldquo;The past eight months of working with the Pressure BioSciences team exceeded my already high expectations from the outset &ndash; and I have felt like we are part of the same team on the same mission.&nbsp; We are working on making a product that will deeply benefit many Veterans (and vast numbers of other patients and consumers) suffering from chronic pain and other maladies.&nbsp; We will be working with the not-for-profit VETERAN SERVICES TEAM, Inc. (&ldquo;VST&rdquo;) and will be reaching out to the Veteran Administration, as well as to our Senators in the great State of Montana to facilitate the rapid deployment of this transformational technology and resulting products. We&rsquo;re planning to launch the CBD topical spray for pain relief at around $60 per bottle, which we believe will deliver an affordable, fast-acting, safe and reliable solution for so many who have long suffered with inadequate treatments and only sporadically relenting pain.&nbsp; We also plan to enlist help in commercializing our product from one of the nursing associations that work specifically with the veterans across our country, in addition to utilizing the existing direct sales capabilities provided through our website.&nbsp; We are expecting to sell over 40,000 CBD spray bottles in 2022, with the fast growth of this and other products following next year and beyond.&nbsp; This partnership with PBI comes at just the right time for our Company and for our future customers.&rdquo;&nbsp;
Mr. Richard T. Schumacher, PBI&rsquo;s President and CEO, expanded: &ldquo;The PBI team has worked extremely hard over the past several years to bring the UST platform forward to market entry.&nbsp; We are now in the homestretch of commercialization of UST, a truly revolutionary platform, and the best indication of the interest is that we have customers literally demanding the Early Access Program.&nbsp; Safer Medical is partnering with PBI to provide us with a substantial revenue split, and this is just the first of several anticipated Early Access partners for UST nanoemulsions.&rdquo;&nbsp;
Mr. Schumacher continued: &ldquo;While the launch of our East and West Coast sites for large-scale commercial development and production remains a critical goal for the Company to complete by later this year, the Early Access Program has created tremendous near-term excitement for the PBI Team and our partners.&nbsp; It reflects the burgeoning demand for the UST platform that is already building across multiple markets.&nbsp; With the diversity of UST applications that we already have moving through demonstrations and development, the potential for UST has been confirmed to us to be tremendous, and we expect that it will hasten our march towards profitability targeted for late 2023!&rdquo;
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.

Pressure BioSciences Signs Multi-Year Manufacturing Agreement; To Be First Product Commercially Sold Into Consumer Market Containing UST-Produced Nanoemulsion

Company Signs Development &amp; Manufacturing Agreement with Safer Medical of Montana&nbsp;
for Formulation, Pilot Batches, and Commercial Production of CBD Topical Spray for Pain Reduction&nbsp;
South Easton, MA, May 4, 2022 &ndash; Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) (&ldquo;PBI&rdquo; or the &ldquo;Company&rdquo;), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and specialty testing services to the worldwide biotechnology, biotherapeutics, nutraceuticals, cosmetics, agriculture, and food &amp; beverage industries, today announced it has signed a multi-year development and manufacturing agreement with Safer Medical of Montana (&ldquo;SMM&rdquo;). This Agreement covers the development of final product formulations followed by commercial production. All products will contain high quality nanoemulsions of oils in water, spanning a variety of active ingredients, produced using PBI&rsquo;s revolutionary Ultra Shear Technology&trade; (UST&trade;) platform.&nbsp; PBI and SMM are committed to completing the final formulation development for their first jointly developed product &ndash; a CBD topical spray - before May 31 2022, followed by the manufacture of two pilot runs in June.&nbsp; Production for commercial sale is expected to begin in Q3 2022, under PBI&rsquo;s recently announced Early Access Program.&nbsp; These products will be the first to be commercially sold into the consumer market that contain UST-produced nanoemulsions.
PBI&rsquo;s Chairman, Jeffrey N. Peterson, commented: &ldquo; <a href="https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fyoutu.be%2FWRLKb-_qOV8&amp;data=05%7C01%7CRSchumacher%40pressurebiosciences.com%7C26c1cde4b45047e824b708da29f2dca3%7Ca7a3153e74774131a502f72b80c396e6%7C0%7C0%7C637868420346853439%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=g22ro0izkoEypSkE1RKaFJ1fNj%2F%2B6m3s6Pia8AOQ%2BvM%3D&amp;reserved=0">As announced on April 27,</a> PBI determined that the pressing immediate demand for UST-produced nanoemulsions required us to make an Early Access production program available to existing and new customers.&nbsp; We are continuing to advance our announced plans to have UST platform systems and laboratory development and production facilities operational in late 2022. As the PBI team continues to work on UST nanoemulsions formulation development for a number of companies in diverse markets (nutraceuticals, cosmetics, agrochemicals, and pharmaceuticals), we are evaluating which of these customers are appropriate for inclusion in this Early Access Program.&rdquo;
Mr. John B. Hollister, Director of Sales and Marketing at PBI, shared: "It is an exciting challenge to have customers pushing us to move faster into the launch of our UST processing services.&nbsp; We&rsquo;ve been completing &ldquo;proof of concept&rdquo; runs for a number of companies in different markets, and each of them has been amazed by the product improvements resulting from UST processing.&nbsp; Along the way, we have learned a great deal about how to optimize the potential of the nanoemulsion-creation process performed within the UST platform (which has resulted in additional patent filings).&nbsp; One of the primary goals enabled and achieved by UST is to minimize the need for artificial and/or undesirable chemical additives that are routinely used by many current manufacturers to create and stabilize existing emulsion products at the macro, micro and nano scales.&nbsp; As consumers begin to experience the clear benefits of these newly created UST nanoemulsion products, we eagerly anticipate the tectonic shifts in market expectations and dynamics that we and our partners are confident will ensue.&rdquo;
Mr. Hollister continued: &ldquo;It was easy for us to say yes to opening our Early Access Program for Captain George Ackerson, the CEO and Founder of Safer Medical of Montana, whose mission of helping others traces back through his modest upbringing, the Church, and his service as an OH-6/LOH helicopter pilot in Vietnam.&nbsp; Specifically, his commitment to improving the lives of enormous numbers of Veterans suffering from chronic pain was utterly compelling.&nbsp; We had achieved a big head start with him, as we have already completed a number of steps towards final formulation development, and we are confident that we can take this from agreement to commercialization in a very short timeframe.&rdquo;
Captain Ackerson explained, &ldquo;The past eight months of working with the Pressure BioSciences team exceeded my already high expectations from the outset &ndash; and I have felt like we are part of the same team on the same mission.&nbsp; We are working on making a product that will deeply benefit many Veterans (and vast numbers of other patients and consumers) suffering from chronic pain and other maladies.&nbsp; We will be working with the not-for-profit VETERAN SERVICES TEAM, Inc. (&ldquo;VST&rdquo;) and will be reaching out to the Veteran Administration, as well as to our Senators in the great State of Montana to facilitate the rapid deployment of this transformational technology and resulting products.&nbsp; &nbsp; We&rsquo;re planning to launch the CBD topical spray for pain relief at around $60 per bottle, which we believe will deliver an affordable, fast-acting, safe and reliable solution for so many who have long suffered with inadequate treatments and only sporadically relenting pain.&nbsp; We also plan to enlist help in commercializing our product from one of the nursing associations that work specifically with the veterans across our country, in addition to utilizing the existing direct sales capabilities provided through our website.&nbsp; We are expecting to sell over 40,000 CBD spray bottles in 2022, with fast growth of this and other products following next year and beyond.&nbsp; This partnership with PBI comes at just the right time for our Company and for our future customers.&rdquo;
Mr. Richard T. Schumacher, PBI&rsquo;s President and CEO, expanded: &ldquo;The PBI team has worked extremely hard over the past several years to bring the UST platform forward to market entry.&nbsp; We are now in the homestretch of commercialization of UST, a truly revolutionary platform, and the best indication of the interest is that we have customers literally demanding the Early Access Program.&nbsp; Safer Medical is partnering with PBI to provide us with a substantial revenue split, and this is just the first of several anticipated Early Access partners for UST nanoemulsions.&rdquo;&nbsp;
Mr. Schumacher continued: &ldquo;While the launch of our East and West Coast sites for large scale commercial development and production remains a critical goal for the Company to complete by later this year, the Early Access Program has created tremendous near-term excitement for the PBI Team and our partners.&nbsp; It reflects the burgeoning demand for the UST platform that is already building across multiple markets.&nbsp; With the diversity of UST applications that we already have moving through demonstrations and development, the potential for UST has been confirmed to us to be tremendous, and we expect that it will hasten our march towards profitability targeted for late 2023!&rdquo;
<h2>About Pressure BioSciences, Inc.</h2>
Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences and other industries. 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 control bio-molecular interactions safely and reproducibly (e.g., cell lysis, biomolecule extraction). Our 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 &amp; plant biology, forensics, and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired, patented technology from BaroFold, Inc. (the &ldquo;BaroFold&rdquo; technology) to allow entry into the bio-pharma contract services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (&ldquo;UST&rdquo;) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.
<h2>Forward Looking Statements</h2>
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, 2021, 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:
<a href="http://www.pressurebiosciences.com">http://www.pressurebiosciences.com</a>&nbsp;
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Press Releases

Pressure BioSciences Announces First Nanoemulsions Manufacturing Agreement Under Recently Released UST Early Access Program

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SRAX (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/srax#NASDAQ">SRAX</a>),&nbsp;a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (&ldquo;SaaS&rdquo;) platform, hosted the 2022 Cannabis and Psychedelic Conference, a preeminent virtual investor event, on April 20. The elite event featured presentations from over 25 premier cannabis and psychedelic stock market companies, as well as talks with industry experts. Sponsors of the exciting event wereMarijuana Company of America Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/mcoa#OTC">MCOA</a>), Item 9 Labs, Delic Holdings Corp. (CSE: DELC) (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/delcf#OTCQB">DELCF</a>) (FRA: 6X0), Can B Corp., and&nbsp;Pressure BioSciences Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>). To view all presentations and keynotes from the conference, visit the event website at&nbsp;<a href="https://cannabis-conference22.mysequire.com/" rel="noreferrer noopener" target="_blank">https://Cannabis-Conference22.MySequire.com</a>.
To view the full press release, visit&nbsp;<a href="https://ibn.fm/uaWyd" rel="noreferrer noopener" target="_blank">https://ibn.fm/uaWyd</a>
About SRAX Inc.
SRAX is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform,&nbsp;<a href="https://mysequire.com/" rel="noreferrer noopener" target="_blank">Sequire</a>, companies can track their investors&rsquo; behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information about the company, visit&nbsp;<a href="http://www.srax.com/" rel="noreferrer noopener" target="_blank">www.SRAX.com</a>.
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Psychedelics

DELCF

MCOA

SRAX

SRAX (NASDAQ: SRAX) Releases Replays From 2022 Cannabis And Psychedelic Conference

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Pressure BioSciences Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) partnered with The Ohio State University (Ohio State) to develop the first commercial-scale processing system that uses the company&rsquo;s Ultra Shear Technology&trade;&nbsp; (USTTM) platform.
The pressure-based equipment is reportedly uniquely capable of producing nanoemulsions &mdash; an emulsion with oil droplets so small (nano) they can&rsquo;t recombine and separate from the rest of the mixture like standard emulsions do. With demonstrations expected to begin at Ohio State <a href="https://ir.pressurebiosciences.com/press-releases/detail/390/pressure-biosciences-updates-stakeholders-with-solid">this summer</a>, UST processing&nbsp; could have major implications for food and beverage companies and businesses in the health and wellness space.
<h2>PBI And Ohio State Partner To Develop And Explore Commercial Uses Of UST Platform</h2>
PBI&rsquo;s UST platform for nano emulsification of oil-based products, like CBD oil or Vitamin D3 oil, allows a manufacturer to &ldquo;destroy bacteria and other pathogens, which in turn may reduce or eliminate the need for chemical (anti-microbial) additives, thus increasing food safety and quality,&rdquo;&nbsp; said PBI Vice President Dr. Edmund Ting, who is the head of engineering at PBIO, and co-investigator of the U.S. Department of Agriculture fundedUST project with Ohio State.
Beyond removing bacteria and other pathogens, UST-processed nanoemulsions can also be more stable, meaning manufacturers won&rsquo;t have to rely on additives to stop the mixture from separating as they do in larger emulsions like salad dressings or natural peanut butter.&nbsp;
&ldquo;It&rsquo;s not just drinks that might soon be preserved in a much healthier way, as UST can also be used by food manufacturers in the healthier processing of sauces, condiments and other liquid foods, including nutritional drinks, ice cream mix, juices and food emulsions,&rdquo; said Professor V.M. &ldquo;Bala&rdquo; Balasubramaniam, an expert in food processing who heads the project at Ohio State.
PBI also reported that because the nano-sized oil droplets are not only more stable but also more readily absorbed by the human body, UST processing could also improve the bioavailability of oil-based nutrients like antioxidants (Astaxanthin) and cannabidiol (CBD) that are typically difficult for the body to absorb because they are contained in oil.
In studies using this novel&nbsp; platform, UST successfully <a href="https://ir.pressurebiosciences.com/press-releases/detail/368/pressure-biosciences-novel-ust-platform-delivers/privacy-policy">processed Astaxanthin</a>, one of the world&rsquo;s most potent antioxidants, into a more bioavailable, shelf-stable nanoemulsion that can then be easily infused into beverages or or liquid foods. In December, its CBD oil nanoemulsion demonstrated a record-breaking <a href="https://ir.pressurebiosciences.com/press-releases/detail/384/pressure-biosciences-shatters-preconceived-nanoemulsion">18-months of shelf stability</a> at room temperature.
<h2>PBI Expects Commercial Scale UST Platform To Reach The Market This Year&nbsp;&nbsp;</h2>
The <a href="https://ir.pressurebiosciences.com/press-releases/detail/313/pressure-biosciences-announces-achievement-of-first-major">installation at OSU</a> earlier this month represents the first commercial-scale version of PBI&rsquo;s technology. It&rsquo;s also the next step in the company&rsquo;s plan to see the UST platform in commercial use before the end of 2022.
Last year, PBI and OSU formed the Food Industry Consortium, which gives member companies from around the world&nbsp; first rights to see the newly installed pilot technology in action and license it to develop their own products with this patented high-pressure platform.&nbsp;
&ldquo;As new and commercially relevant UST applications are demonstrated, and consortium members utilize their first rights to license them for their own use, Ohio State and PBI will both benefit from resulting royalty streams,&rdquo; PBI President and CEO Richard T. Schumacher <a href="https://ir.pressurebiosciences.com/press-releases/detail/386/pressure-biosciences-ultra-shear-technology">said</a>.
The company&rsquo;s other pressure-based technologies are used across a wide range of industries, including food safety, forensics, medical diagnostics, and biopharmaceuticals. Its pressure cycling technology (PCT) system, for example, is <a href="https://d1io3yog0oux5.cloudfront.net/_d9e9d35fd314d382c41a60a8053c7501/pressurebiosciences/db/457/62566/pdf/Investor+PPT+Presentation+March+2022.pdf">used by over 225 customers</a> including industry leaders like Pfizer Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pfe#NYSE">PFE</a>), Bristol-Myers Squibb Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmy#NYSE">BMY</a>) and Merck &amp; Co. Inc. &nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mrk#NYSE">MRK</a>).&nbsp;
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Restaurants

PBI Recently Installed Its Commercial Scale Nanoemulsion Tech For "Safer, Healthier Foods And Beverages" at Ohio State's Renowned Advanced Food Technology Pilot Plant

Company Invites Investors, Analysts, and Advisors to Attend Its Virtual Presentation&nbsp;on Wednesday, April 20th at 10:30am EDT
South Easton, MA, April 19, 2022 &ndash; Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) (&ldquo;PBI&rdquo; and the &ldquo;Company&rdquo;), a leader in&nbsp;the development and sale of innovative, broadly enabling, pressure-based instruments, consumables, and specialty services&nbsp;to the worldwide biopharmaceuticals, cosmetics, agrochem, and food &amp; beverage industries, today announced the&nbsp;Company&rsquo;s participation as a presenter at the April 20th Sequire Cannabis &amp; Psychedelics Investor Conference. This virtual&nbsp;conference will feature over 30 top public companies in the cannabis and psychedelics space. PBI&rsquo;s President and CEO,&nbsp;Mr. Richard T. Schumacher, will expand on the Company&rsquo;s recent achievements in the nanoemulsification of CBD and&nbsp;other cannabinoids, as well as with a variety of oil-based, hydrophobic active ingredients used in the biopharmaceutical,&nbsp;cosmetics, agrochemical, health &amp; wellness, and food/beverage areas. Mr. Schumacher will also expand on the Company&rsquo;s&nbsp;planned Fall 2022 commercialization of its revolutionary Ultra Shear Technology&trade; (UST&trade;) nanoemulsification platform.

Mr. Schumacher&rsquo;s presentation information is below:

DATE: Wednesday, April 20, 2022 (10:30 am EDT) 
PRESENTATION: Virtual 
MEETINGS (1x1): Can be Requested on the Event Website 
REGISTER: Click Here to Register (free)

About the Sequire Cannabis &amp; Psychedelics Conference 
The Sequire Cannabis &amp; Psychedelics Conference is to be held on Wednesday, April 20, 2022. This virtual conference will&nbsp;showcase over 30 top public companies in the cannabis (CBD) and psychedelics space. The event will also host industry&nbsp;experts and special guests for keynote addresses and panel discussions.

About Pressure BioSciences, Inc. 
Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) is a leader in the development and sale of innovative, broadly enabling,&nbsp;pressure-based solutions for the worldwide life sciences and other industries. Our products are based on the unique&nbsp;properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or PCT) hydrostatic pressure.&nbsp;PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and&nbsp;ultra-high levels to control bio-molecular interactions safely and reproducibly (e.g., cell lysis, biomolecule extraction).&nbsp;Our primary focus is the development of PCT-based products for biomarker and target discovery, drug design and&nbsp;development, biotherapeutics characterization and quality control, soil &amp; plant biology, forensics, and counter-bioterror&nbsp;applications. Additionally, major new market opportunities have emerged in the use of our pressure-based technologies in&nbsp;the following areas: (1) the use of our recently acquired, patented technology from BaroFold, Inc. (the &ldquo;BaroFold&rdquo; technology) to allow entry into the bio-pharma contract services sector, and (2) the use of our recently-patented, scalable,&nbsp;high-efficiency, pressure-based Ultra Shear Technology (&ldquo;UST&rdquo;) platform to (i) create stable nanoemulsions of otherwise&nbsp;immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room&nbsp;temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.

Forward Looking Statements 
This press release contains forward-looking statements. These statements relate to future events or our future financial&nbsp;performance and involve known and unknown risks, uncertainties and other factors that may cause our or our industry&#39;s&nbsp;actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of&nbsp;activity, performance or achievements expressed, implied, or inferred by these forward-looking statements. In some cases,&nbsp;you can identify forward-looking statements by terminology such as &quot;may,&quot; &quot;will,&quot; &quot;should,&quot; &quot;could,&quot; &quot;would,&quot; &quot;expects,&quot;&nbsp;&quot;plans,&quot; &quot;intends,&quot; &quot;anticipates,&quot; &quot;believes,&quot; estimates,&quot; &quot;predicts,&quot; &quot;projects,&quot; &quot;potential&quot; or &quot;continue&quot; or the negative of&nbsp;such terms and other comparable terminology. These statements are only predictions based on our current expectations&nbsp;and projections about future events. You should not place undue reliance on these statements. In evaluating these&nbsp;statements, you should specifically consider various factors. Actual events or results may differ materially. These and&nbsp;other factors may cause our actual results to differ materially from any forward-looking statement. These risks,&nbsp;uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading&nbsp;&quot;Risk Factors&quot; in the Company&#39;s Annual Report on Form 10-K for the year ended December 31, 2021, and other reports&nbsp;filed by the Company from time to time with the SEC. The Company undertakes no obligation to update any of the&nbsp;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:&nbsp;<a href="http://www.pressurebiosciences.com">http://www.pressurebiosciences.com</a>

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Pressure BioSciences to Discuss Recent Achievements and Upcoming Commercialization of its Enabling UST Platform at the Sequire Cannabis & Psychedelics Conference

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Pressure BioSciences Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) (PBI) has been a leader in the pressure-based technology market for many years, mainly servicing medical and life science companies, academic laboratories, and government organizations. Now the company wants to break into the High-Pressure Processing (HPP) food arena with a system that they believe offers significant advantages over systems currently being used in the <a href="https://www.marketstudyreport.com/reports/global-high-pressure-processing-hpp-food-market-analysis-by-product-type-distribution-channel-by-region-by-country-2020-edition-market-insights-outlook-post-covid-19-pandemic-2020-2025">$14 billion HPP market</a>.&nbsp; Named the Ultra Shear Technology (UST) platform, UST systems combine ultra-high pressure with intense shearing to produce long-term stable, highly water soluble, and exquisitely bioavailable nanoemulsions of oils in water. This innovative processing system is currently in its last stage of development, and is expected to be commercially released by PBI later this year.&nbsp;
The high-pressure processing (HPP) food market is a $14 billion market that encompasses the technology used to sanitize, pasteurize or otherwise improve the safety and quality of food and beverages.&nbsp;
<h2>How Does Traditional High-Pressure Processing Work?</h2>
HPP involves using ultra high pressure to reduce the level of microorganisms in liquid foods and beverages; such pathogens could be harmful - even deadly - to people if ingested. By applying uniform pressure to the entire item, HPP pasteurization systems offered by industry players like JBT Avure Technologies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jbt#NYSE">JBT</a>), Thyssenkrupp ADR (OTC: <a class="ticker" href="https://www.benzinga.com/stock/tkamy#OTC">TKAMY</a>), and Hyperbaric are able to destroy food-borne pathogens and inactivate deleterious enzymes without harming the food itself.&nbsp;&nbsp;
Before HPP came on the scene, sanitizing food required either high heat or strong chemical preservatives. Both of these worked in terms of killing off harmful pathogens, but they would also adversely impact the flavor, texture, color, and nutritive value of the food. Even less desirable, they could also end up destroying certain nutrients &mdash; especially Vitamin C and other antioxidants that break down in heat, reducing the nutritional value of the food.
HPP, on the other hand, doesn&rsquo;t change the texture or flavor of the food itself as much as heat or chemicals do. Plus, using pressure instead of heat also helps preserve the nutrient profile since it doesn&rsquo;t break down vitamins, antioxidants, or other micronutrients in the way that high heat does.&nbsp;
UST also allows manufacturers to achieve longer shelf life without relying on chemical preservatives &mdash; and in a market where consumers are increasingly seeking &ldquo;clean label&rdquo; foods and are generally more wary of any kind of additives, HPP makes it possible to appeal to evolving consumer demands.
Despite its benefits, existing HPP methods can&rsquo;t overcome a key problem that liquid food and beverage manufacturers face: preventing emulsions from separating. With many foods, especially those that combine oil with water, the liquids don&rsquo;t want to stay mixed as the product sits on the shelf, so the oil tends to separate and rise to the top.
Some manufacturers deal with this by using hydrogenated fats to create foods that won&rsquo;t separate, but these processed fats are associated with a possible <a href="https://www.mayoclinic.org/diseases-conditions/high-blood-cholesterol/in-depth/trans-fat/art-20046114">increased risk</a> of heart attacks, diabetes, and stroke. When manufacturers skip the hydrogenated fats and just let separation happen, the desired health benefits of the food is often significantly reduced, since the human body struggles to absorb oil-based nutrients.&nbsp;
<h2>How Does Pressure BioSciences&rsquo; UST Platform Overcome the HPP Shortcomings?</h2>
The UST Platform is a pressure-based system that might finally solve the problem of separation in emulsions, without using chemical processing like hydrogenation.
Where existing HPP technology relies on pressure alone, the UST platform combines ultra-high pressure levels with a patented NanoGap valve that controls flow rates in a novel way for better dispersion.&nbsp; Adding this NanoGap valve-related shear technology (or the ability to physically break apart and disperse the oil drops) is a game-changer.&nbsp;
The unique design of the NanoGap valve makes it possible to produce nanoemulsions where oil drops are broken down into tiny oil droplets that are so small they can&rsquo;t easily recombine, which makes the resulting nanoemulsion more shelf-stable, meaning manufacturers can ship products worldwide without worrying about separation or quality degradation. In addition to being significantly more stable, the resulting nanoemulsions offer the additional advantage that the active oil-based ingredient is likely to be more bioavailable, meaning the body absorbs more of the oil-based active ingredient.&nbsp;&nbsp;
Not only could the UST process make it possible to eliminate hydrogenated fats from store shelves, but it may also make previously difficult-to-absorb supplements like CBD oil or the powerful antioxidant Astaxanthin easier to infuse into beverages and liquid foods.&nbsp; Importantly, the UST platform can also scale to very large manufacturing levels.
Essentially, UST-derived nanoemulsions not only protect against nutrient loss by significantly reducing exposure to heat, but they can also improve the bioavailability of those oil-based nutrients while reducing manufacturers&rsquo; dependence on chemical additives and chemical processing that often increase the cost of production while resulting in adverse health effects.
To make the UST platform more widely available in the food and beverage space, PBI partnered with The Ohio State University (OSU) to develop a commercial-scale model of the UST technology. Now on display at the world-renowned Advanced Food Technology Pilot Plant at Ohio State, the model system will soon be available to provide live demonstrations of the nanoemulsification process for industry companies from around the world.&nbsp;
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TKAMY

Novel Ultra High-Pressure, Intense Shear System Aims To Improve Food Quality And Safety

&nbsp;Company Reports Record Instrument Orders in March, Expands BaroFold Platform &nbsp; Services, Builds Strong Demand for Initial UST Tolling Services, and Prepares Foundation for Uplisting&nbsp;
South Easton, MA, March 17, 2022 &ndash; Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) (&ldquo;PBI&rdquo; or the &ldquo;Company&rdquo;), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and specialty services to the&nbsp; worldwide biotechnology, biotherapeutics, nutraceuticals, cosmetics, agriculture, and food &amp; beverage industries, today&nbsp; updated stakeholders on the Company&rsquo;s key 2022 goals. The Company believes these goals are attainable in the current fiscal year and that their achievement will put PBI on a rapid path to sustained growth, value increase, and profitability.&nbsp;
Mr. John B. Hollister, Director of Marketing and Sales at PBI, commented: &ldquo;The 2020 pandemic year was very challenging for PBI. With a majority of our customers being academic and industrial laboratories, many were actually closed for much of 2020. Fortunately, most reopened in early 2021, which resulted in a return of strong product revenue for all of FY 2021. With continued laboratory openings in late 2021 and early 2022, and strongly renewed interest in PBI&rsquo;s innovative product line, we are pleased to report the receipt of more instrument orders in the month of March 2022 than in any single calendar month in our history. We believe this strong demand trend will continue throughout 2022, and beyond.&rdquo;&nbsp;
Mr. Richard T. Schumacher, President and CEO of PBI added: &ldquo;In addition to the record number of instrument orders for a&nbsp; month, interest and engagement with our enabling BaroFold Platform protein refolding services has grown significantly over the past few months. We have also made measurable progress thus far in Q1 2022 in preparing for the commercialization of our revolutionary Ultra Shear Technology&trade; (UST&trade;) Platform. Of particular note, we have significantly improved our balance sheet and solidified the foundation for our planned uplisting from the OTC Markets to a national exchange before year&rsquo;s end. We have an exciting year ahead: we are prepared and ready for the challenge.&rdquo;&nbsp;
A progress update on the Company&rsquo;s four key 2022 goals:&nbsp;
Achieve Significant FY 2022 Revenue Increase&nbsp;
<ul>
<li>Record monthly instrument sales reported for March 2022. We expect interest and upward trend to continue. &bull; PBI Agrochem sales started slowly pending planned assets acquisition. We expect strong Q2 2022 sales. &bull; Discussions with key pharma groups expected to lead to significant BaroFold services contracts.&nbsp;</li>
</ul>
Ultra Shear Technology (UST) Platform Commercialization&nbsp;
<ul>
<li>First commercial system (&ldquo;BaroShear MAX&rdquo;) successfully installed at The Ohio State University (January). &bull; Gala unveiling for major global food/beverage companies planned for May/June 2022.&nbsp;</li>
<li>East and west coast UST tolling sites (&ldquo;fee for service&rdquo;) expected to be operational by Q4 2022. &bull; UST contracts expected to be signed with cosmetics, nutraceutical, and agrochem customers prior to Q4 2022. &bull; Initial build of UST systems to be complete by year-end for 2023 placements under lease/license agreements.&nbsp;</li>
</ul>
Strengthen Financial Position&nbsp;
<ul>
<li>Dramatic improvements to debt structure nearly complete.&nbsp;</li>
<li>80% of current loan debt has agreed to convert to equity upon uplist. Half of remaining loan debt expected to&nbsp; follow.&nbsp;</li>
</ul>
Uplist to NASDAQ or NYSE&nbsp;
<ul>
<li>A plan to meet requirements of NASDAQ/NYSE to qualify for 2022 uplisting developed and executing smoothly.</li>
</ul>
Mr. Jeffrey N. Peterson, PBI&rsquo;s Board Chairman, provided a broader context: &ldquo;Our team has performed admirably in&nbsp; challenging circumstances, to build strong growth in interest, trials, and results around each of our technology platforms.&nbsp; We are especially pleased with our excellent progress in resolving debt and accrued expense balances and consequent strengthening of our balance sheet in preparation for our UST services and licensing launch, our planned agrochemical&nbsp; company assets acquisition, and a new trajectory of accretive growth, all in preparation for the completion of our long&nbsp;
planned NASDAQ or NYSE uplisting. We thank our loyal investorsfor their strong multi-year support, as we zero in on our&nbsp; expected transition to profitability in 2023.&rdquo;&nbsp;&nbsp;
About Pressure BioSciences, Inc.&nbsp;
Pressure BioSciences, Inc. (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/pbio#OTCQB">PBIO</a>) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences and other industries. 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 control bio-molecular interactions safely and reproducibly (e.g., cell lysis, biomolecule extraction). Our 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 &amp; plant biology, forensics, and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired, patented technology from BaroFold, Inc. (the &ldquo;BaroFold&rdquo; technology) to allow entry into the bio-pharma contract services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (&ldquo;UST&rdquo;) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.&nbsp;
Forward Looking Statements&nbsp;
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, 2021, 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.&nbsp;
For more information about PBI and this press release, please click on the following website link: http://www.pressurebiosciences.com&nbsp;
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Pressure BioSciences Updates Stakeholders With Solid Progress On Key 2022 Goals: UST Commercial Release, Major Revenue Increase,  Continued Financial Position Improvement, and Planned Uplist to National Market

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Commodities

Pressure BioSciences, Inc. to Host Business and Financial Update on Thursday, June 20th at 4:30pm ET

Pressure BioSciences Partners with Vita-Forte, Largest Global Supplier of Freeze-Dried Acai, to Commercialize Highly Potent, Multi-Antioxidant, UST Nanoemulsion Oral Spray

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