Pressure BioSciences and Battelle Memorial Sign Exclusive Patent License Agreement

2008/12/29

SOUTH EASTON, MASS - Pressure BioSciences Inc. (PBI) announced in a press release that it has entered into an exclusive patent license agreement with the Battelle Memorial Institute. The licensed technology is described in the patent application filed by Battelle on July 31, 2008 (US serial number 12/183,219).

 

This application includes subject matter related to a method and a system for improving the analysis of protein samples, including through an automated, in-line system utilizing pressure and a pre-selected agent to obtain a digested sample in a significantly shorter period of time than current methods, while maintaining the integrity of the sample throughout the preparatory process.

 

The company believes that the claims in the pending Battelle patent will build upon and broaden its own existing IP position in using pressure cycling technology (PCT) to further enhance the quality and significantly decrease the processing time for protein analysis.

 

This is an area of particular importance for many laboratories worldwide, and is one of PBI's strategic areas of focus. The novel aspect of the Battelle invention, when combined with the advantages of PCT, offers the possibility of a straightforward approach to the automation of sample preparation techniques.

 

The company believes that this combination may lead to the potential development of instrumentation to be directly integrated with high-performance liquid chromatography (HPLC) and mass spectrometry equipment for the complete processing of proteins, from sample preparation to final result - a truly novel approach to protein analysis.

 

"We are very pleased to see that customers of PBI's PCT Sample Preparation System are making discoveries and developing important new applications using our PCT technology and equipment,” Vice President of Marketing for PBI Dr. Nathan Lawrence said.

 

“PCT is gaining acceptance worldwide in many areas of research. We have long anticipated that independent researchers would extend "the Power of PCT" on their own,” he added.

 

“Although PBI may not always choose to license all discoveries made with PCT by others, the Company will continually assess the value of the discovery to broaden our already extensive patent position,” Lawrence continued.

 

“We firmly believe that licensing this particular patent will help us more rapidly reach our goal of making PCT a standard method for accelerating enzymatic reactions in many different fields of the life sciences," he remarked.

 

Battelle Memorial Institute is an international science and technology enterprise that explores emerging areas of science, develops and commercializes technology, and manages laboratories for customers.

 

Pressure BioSciences Inc. is a publicly traded company focused on the development of a novel, enabling technology called pressure cycling technology.

 

From:www.ag-ip-news.com