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Pressure BioSciences, Inc. and the J. Craig Venter Institute Announce Collaboration Agreement & Purchase of a PCT System
Date:12/17/2008

llenging biological samples; the expected advantages of the Company's PCT Sample Preparation System (PCT SPS) to potentially improve the process development of therapeutic proteins, including throughput, product characterization, and method development; to digest protein therapeutics without introducing protein modifications; the continued use of the PCT SPS by the global biopharmaceutical company and its evaluation of other applications of PCT as a potential platform technology; the advantages of PCT SPS over competitive processes; that PCT may lead to better quality control in the manufacturing of proteins for therapeutics; and that PBI will be able to sell additional PCT Systems to companies manufacturing protein-based therapeutics, sell multiple instruments within the same organization, and to standardize analytical methods across laboratories and production facilities generally. These statements are based upon the Company's current expectations, forecasts, and assumptions that are subject to risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those indicated by these forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to: unforeseen technological difficulties that the Company may encounter in the development of the PCT technology or that JVCI, the global biopharmaceutical company, or other customers of the Company may encounter in their use of the PCT SPS; due to such unforeseen technical difficulties, or marketing, sales and distribution difficulties, the PCT SPS may not be adopted by the scientific community as an accepted method of extraction; due to the Company's limited financial resources, if the Company is unable to secure financing, it will be forced to substantially curtail its planned operations which will limit the Company's ability to achieve market acceptance and penetration and its ability to become profitable; and the other risks and unc
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SOURCE Pressure BioSciences, Inc.
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