trending Market Intelligence /marketintelligence/en/news-insights/trending/4qcCjmRcOdR1JeYd_N85qg2 content esgSubNav
In This List

Pressure BioSciences buys contract research services company's assets

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

University Essentials: From Crisis to Resilience – Navigating Sustainable Recovery

Blog

EV impact; vaccines to boost job market; coal supply constraints

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection


Pressure BioSciences buys contract research services company's assets

Pressure BioSciences, Inc. acquired all assets of privately held contract research services company BaroFold Inc.

The acquisition, which closed Dec. 12, includes assets such as all of BaroFold's patents, equipment and intellectual property related to its PreEMT high-pressure protein refolding technology.

PreEMT is a patented technology that employs high pressure for the disaggregation and controlled refolding of recombinant proteins into their native structures for desired pharmacological activity.

Under the deal, Pressure BioSciences issued 150,000 restricted shares of the its common stock to BaroFold.

After the closing, the life sciences research equipment maker would pay $150,000 as part of the purchase price of BaroFold's assets by Dec. 29.