NetworkNewsBreaks – Pressure BioSciences Inc.’
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Pressure BioSciences (OTCQB: PBIO) today announced the featuring of its HUB platform of unique, ultra-high pressure instruments in three presentations at the world’s largest annual food science conference, the Institute of Food Technologists (“IFT”), held in New Orleans, Louisiana, earlier this month. According to the update, the presentations reported the use of PBIO’s HUB440 and HUB880 Explorer systems to advance understanding of the effects of high pressure processing (“HPP”) on serious food-borne pathogens in liquid food products and ground meat, as well as the decontamination of such pathogens. “The need for safer food is a world-wide concern. In recognition, the United Nations proclaimed June 7, 2019 as the first World Food Safety Day,” PBIO President and CEO Richard T. Schumacher said in the news release. “HPP currently plays an important role in food safety: although this unique process is barely 20 years old, it has nonetheless already grown into an estimated $20 billion market. By 2026, the projected market size of the high pressure processing food market could reach approximately $42 billion (Visiongain, 2016). We believe that presentations such as Dr. Fouladkhah’s at this year’s IFT Conference will help generate awareness of our new, powerful yet affordable bench-top HUB family of products in the food industry, government, military, and academic laboratory environment, and that this added exposure will result in an increased demand for our HUB equipment in this large and growing market.”
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