QualityStocksNewsBreaks – Pressure BioSciences Inc. (PBIO) Executes LOI to Acquire Global Eco-Friendly Agrochemical Supplier
Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide biotechnology, biotherapeutics, nutraceuticals, cosmetics, agriculture, and food & beverage industries, has signed a letter of intent (“LOI”) to purchase to purchase the assets of an internationally based developer and supplier of organically natural, eco-friendly agrochemicals. The company noted that the acquisition enables PBIO to enter the agrochemical market with alternatives to synthetic pesticides and fertilizers. The acquisition is expected to be complete in four weeks as PBIO anticipates initiating announcements regarding the acquired assets, global distributorship…