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NetworkNewsBreaks – Pressure BioSciences, Inc. (

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Post# of 1354
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Posted On: 11/01/2017 7:14:48 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Pressure BioSciences, Inc. (PBIO) Names First Center of Excellence in China, Eyes Significant Expansion

Pressure BioSciences, Inc. (“PBI”) (OTCQB: PBIO), a leader in the development and sale of innovative, broadly enabling, pressure-based instruments and related consumables for the worldwide life sciences industry, this morning announced that Professor Tiannan Guo’s laboratory at Westlake Institute for Advanced Study (“WIAS”) has been named the company’s first Center of Excellence (“CoE”) in China. Guo, alongside internationally-recognized proteomics expert Ruedi Aebersold, is a co-developer of PCT-SWATH, a novel proteomics method combining the unique capabilities of PBI’s patented pressure cycling technology (“PCT”) platform for sample preparation with the advanced analytical capabilities of SCIEX’s mass spectrometry SWATH method. “Although the initial purchase of four instruments and related consumables from WIAS is greatly appreciated, it is the potential impact of having our Barocycler instruments in a laboratory at one of China’s premier research institutes, led by one of the most innovative and knowledgeable PCT users in the world, that is most exciting to us,” Richard T. Schumacher, president and CEO of PBI, stated in the news release. “The Chinese life sciences market is one of the largest and fastest-growing in the world. We expect to rapidly expand into this critical market with help from our colleagues at WIAS. Together with our recent expansion into Europe and the hiring of our own field sales team in the U.S., we believe our marketing strategy will result in significant revenue increases, driven by a larger and more diversified global customer base.”

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