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Pressure BioSciences, Inc. (PBIO: OTCQB) | Pressure BioSciences Announces First Commercial Production of Revolutionary UltraShear Nanoemulsion Product Shipped, Booked, and Paid

$75,000 Pilot Lot Payment Received for Phase I of Safer Medical of Montana Agreement; Phases II/III Commercial Scale-Up Scheduled for Early 2023 - Expected to Yield 1st Half 2023 Revenues Over $1 Million

by OTC Stockz
December 13, 2022
in OTC Stocks
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Pressure BioSciences, Inc. (PBIO: OTCQB)
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SOUTH EASTON, MA / ACCESSWIRE / December 13, 2022 / Pressure BioSciences, Inc. (OTCQB:PBIO) (“PBI” or “Company”), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and specialty process development and production services to the worldwide nutraceuticals, cosmetics, biotherapeutics, and food/beverage industries, among others, today confirmed the shipment of the Company’s first ever commercial production lot of a revolutionary nanoemulsion product created and enabled by the Company’s innovative Ultra Shear Technology™ (UST™ or UltraShear™) nanoemulsification platform. The shipped product is a breakthrough CBD oral spray designed by PBI for fast effect and high potency for Safer Medical of Montana (“SMM”), with whom PBI signed a multi-year development and manufacturing agreement (“Agreement”), announced on May 4, 2022. SMM pre-paid the entire $75,000 purchase price of the Phase I production lot.

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