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Pressure BioSciences (PBIO) investor relations material
Pressure BioSciences Status Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Financial and operational updates
Recent relocation to a new facility increased manufacturing space by 20% and reduced lease costs by 20–30%, consolidating R&D and manufacturing for greater efficiency.
Delays in relocation led to late SEC filings; the 10-K was filed June 7, and the Q is targeted for June 30, with a commitment to return to compliance.
First manufacturing run in the new facility was completed successfully, and operations are now fully functional.
Business development and joint ventures
Launched a formal joint venture program to accelerate product development and commercialization, focusing on partnerships with leading companies in cannabis, nutraceuticals, and cosmetics.
First joint venture is with Vita Forte, a global leader in freeze-dried acai and other superfood powders, aiming to create advanced nanoemulsified products.
Joint ventures allow for shared resources, faster market entry, and independent financing, with several more in discussion across multiple states and sectors.
Product innovation and technology
UltraShear technology enables precise, stable nanoemulsions, significantly improving absorption of oil-based actives in nutraceuticals, cosmetics, and pharmaceuticals.
Preclinical studies showed UltraShear nanoemulsified CBD achieved 25% bloodstream absorption versus 6% for standard ingestion.
New products in development include an immune booster, anti-aging skincare with nanoemulsified retinol, and nootropics, all targeting commercial launch in the second half of 2024.
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