Navigation Links
Pressure BioSciences, Inc. Discusses Record Third Quarter Revenue, Strong Fourth Quarter Guidance, Significant Progress on New Instrument Systems, and Expectation to Pay-Off All Outstanding Convertible Notes at the SeeThruEquity Financial Conference
Date:11/18/2013

SOUTH EASTON, Mass., Nov. 18, 2013 /PRNewswire/ -- Pressure BioSciences, Inc. (OTCQB: PBIO) ("PBI" or the "Company") today announced that Mr. Richard T. Schumacher, the Company's President and CEO, presented a business and financial update on the Company at the November 12th SeeThruEquity Investor Conference in New York City. 

Among the topics discussed by Mr. Schumacher were:

  • the Company's all-time record quarterly revenue, as reported in the fiscal 2013 third quarter;
  • revenue and earnings guidance for the fourth quarter of fiscal 2013 to date (Mr. Schumacher disclosed that the Company's product revenue through the first five weeks of its current fiscal fourth quarter  has already surpassed product revenue for the entire fourth quarter of fiscal 2012).
  • the significant progress made by the Company in the development of its Barocycler HUB880 and the Barocycler High Throughput (microwell) pressure cycling technology ("PCT")-based instrument systems, and the expectation for the products' Q1 2014 and Q2 2014 commercial releases, respectively.
  • the expectation for the Company to  repay all outstanding convertible notes prior to maturity.

Mr. Richard T. Schumacher, President and CEO of PBI, commented: "We believe that our financial condition will be materially better by years' end than it has been for several years, due to the expected repayment of all convertible notes currently outstanding, combined with expected strong F2013 Q4 operating results, new debt under more favorable terms, and an anticipated fiscally-responsible equity infusion."

Mr. Schumacher continued, "With the expected launch of two new instrument systems during the first half of next year, both of which are expected to add significantly to 2014 revenue, and our continued vi
'/>"/>

SOURCE Pressure BioSciences, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Worldwide Vital Signs Monitoring Market Report 2013-2018: Blood Pressure Monitoring Devices, Pulse Oximeters and Temperature Monitoring Devices
2. Epaned, a Liquid Form of Enalapril for Children and Adults with High Blood Pressure, Now Available by Prescription
3. SeeThruEquity, LLC Initiates Coverage on Pressure BioSciences, Inc.
4. Blood Pressure Management Changed on Global Level with OSTARs 3SI Interpretive Blood Pressure Algorithm
5. Automated Telephone Calls Improve Blood Pressure Control
6. Large-Scale Kaiser Permanente Program Linked to Improved Blood Pressure Control
7. Novel Use of Pressure BioSciences Patented PCT Platform Offers New Insights into Protein Structure and Function, New Tool for Biomarker Discovery and Rational Drug Design
8. Global Blood Pressure Monitoring And Measurement Instruments Industry
9. Corporate Library Services Facing Twin Pressures of Cost Containment and More Requests for Services
10. Global Blood Pressure Monitor Market 2012-2016: High Competition among Vendors Could Pose a Challenge to Growth of this Market
11. Lexicon Presents Data at the American Diabetes Association Meeting On Blood Pressure Reduction and Weight Loss In Clinical Trial of LX4211
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/18/2014)... 18, 2014  Iliad Neurosciences, Inc., a company focused ... treating Autism Spectrum Disorders (ASD) announced today that it ... Research Foundation for The State University of New York. ... new biomarker to identify an abnormality in folate transport ... biomarker is expected to be available for research use ...
(Date:9/18/2014)... , September 18, 2014 ... audience, has updated the incredibly successful Serialisation Countdown calendar ... interactive PDF, available at pharmaserialisation.com shows the ... which they will be coming into force. ... longer a matter of "if", but "when" they will ...
(Date:9/18/2014)... , Sept. 18, 2014  Zacks.com announces the ... day the Zacks Equity Research analysts discuss the latest ... Stocks recently featured in the blog include the Avanir Pharmaceuticals ... (Nasdaq: NPSP - Free Report ), Orexigen (Nasdaq: ... MDVN - Free Report ) and Gilead (Nasdaq: ...
Breaking Medicine Technology:Iliad Neurosciences, Inc. enters into an Exclusive License Agreement with The Research Foundation for The State University of New York 2Iliad Neurosciences, Inc. enters into an Exclusive License Agreement with The Research Foundation for The State University of New York 3Pharma IQ Displays Worldwide Serialisation Deadlines in their 2014 - 2018 Countdown Calendar 2The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 2The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 3The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 4The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 5The Zacks Analyst Blog Highlights: Avanir Pharmaceuticals, NPS Pharmaceuticals, Orexigen, Medivation and Gilead 6
... 14, 2011 Radient Pharmaceuticals Corporation (OTCQX:RXPC) (OTCPK:RXPC), a ... (IVD) cancer tests, today announced financial results for its ... for the third quarter ended September 30, 2011 were ... September 30, 2010.  For the nine months ended September ...
... Corporation (NASDAQ: LMNX ) today announced ... at the Defense Threat Reduction Agency,s (DTRA) 2011 ... Conference, which takes place November 14-16, 2011 in ... During the conference, Dr. Altman will present ...
Cached Medicine Technology:Radient Pharmaceuticals Announces FY 2011 Third Quarter Results 2Radient Pharmaceuticals Announces FY 2011 Third Quarter Results 3Luminex Corporation Vice President of Biodefense to Speak at DTRA'S 2011 CBD S&T Conference 2Luminex Corporation Vice President of Biodefense to Speak at DTRA'S 2011 CBD S&T Conference 3
(Date:9/18/2014)... proven it true: exercise is good for you. But ... exercise may have an added benefit for cancer patients ... model of melanoma, found that combining exercise with chemotherapy ... Libonati, an associate professor in the School of Nursing ... Nursing Research, was the senior author on the study, ...
(Date:9/18/2014)... NJ (PRWEB) September 18, 2014 ... firm, announced today that President and co-founder John ... Journal’s Innovation Award Winners for 2014, recognizing the ... him as an emerging executive of the year. ... care and life sciences that continue to shape ...
(Date:9/18/2014)... 2014 Ben Quirk, CEO of Quirk ... Leadership Award by the Savannah Science Seminar in recognition ... throughout the nation and especially in Savannah. , “I ... Ben. “The Savannah Science Seminar is an amazing program ... generations have gone through the program,” he added. Eleventh ...
(Date:9/18/2014)... international scientists have developed a new method to study ... , The Wildlife Conservation Society (WCS)-led research, published today ... describes the use of fecal samples from wild great ... to the virus. This represents a new tool for ... the way Ebola virus is studied and improve our ...
(Date:9/18/2014)... 2014) The National Institutes of Health (NIH) recently ... $1.3 million grant to the Los Angeles Biomedical Research ... development of a vaccine to protect patients from the ... aureus (MRSA). , The National Institute of ... the grant to LA BioMed infectious disease specialists John ...
Breaking Medicine News(10 mins):Health News:Exercise boosts tumor-fighting ability of chemotherapy, Penn team finds 2Health News:TayganPoint Executive Receives Prestigious Award from Philadelphia Business Journal 2Health News:Quirk Awarded the Alex Ormond, Jr. Leadership Award by the Savannah Science Seminar 2Health News:Research yields a game changer for improving understanding of Ebola and great apes 2Health News:Research yields a game changer for improving understanding of Ebola and great apes 3Health News:LA BioMed receives NIH grant to study vaccine for hospital-acquired infections 2
... joined hands today to boost efforts by governments in ... ,Headed by C Rangarajan, Chairman of the ... independent commission on AIDS in Asia and the Pacific ... of AIDS in the region and its medium- and ...
... an important ingredient in magic mushrooms is capable of ... addictions. ,Researchers at Johns Hopkins University ... element in mushrooms is capable of instilling a deep ... for those patients who have a huge psychological baggage ...
... about 1,500 medical professionals are available throughout the country ... in India // , President of Madras ENT Rearch ... ,Most of these professionals were concentrated in major ... said at a press conference prior to the inauguration ...
... reported in the United Kingdom, asthmatics will witness almost ... months of completely// staying off cigarettes. ... lung function seen after smoking cessation was clinically significant. ... the harmful effects of smoking on the airways in ...
... to invest more money in mental health, to bridge the ... , Although the new national mental health plan provided a ... short of the escalating expenditure, said John Mendoza, the chief ... ,Mr. Mendoza said that only 40 per cent ...
... the University of Vermont say that drinking cherry juice may ... number of antioxidant// and anti-inflammatory compounds that can deal with ... The British Journal of Sports Medicine, researchers said that men ... levels of inflammatory markers in their blood. The study examined ...
Cached Medicine News:
Electric high speed system....
... High Performance Instrument System was ... for increased power of the ... It provides 60% more torque ... easily handle the most demanding ...
The XK-95 High Speed Drill System sets new technological and performance standards for surgical drill systems....
... Platinum is a compact and quiet, ... at 120 psi/8 bar, it provides ... size with noticeable noise reduction. A ... with an enhanced ergonomic handpiece to ...
Medicine Products: