Every day there are hundreds upon hundreds of stocks that make significant moves in the market but it is difficult for investors to be abreast of all the moves. Hence, it is necessary to prepare a watch list and keep an eye on some of the stocks. One of the stocks that you could consider adding to your watch list today is that of Pressure BioSciences (OTCMKTS:PBIO).
Key Details
Yesterday, the company came into focus in a big way after it emerged that it had partnered with The Ohio State University College of Food, Agricultural, and Environmental Sciences for the development of a novel technology that can help in the preservation of clean label liquid food without the deployment of preservatives.
Pressure BioSciences is based out of Massachusetts and is involved in the manufacturing of equipment and laboratory instruments that are based on high-pressure functioning. Most of those products are meant for the life sciences industry.
The researchers who are working on the project at The Ohio State University College of Food, Agricultural, and Environmental Sciences have decided to work on this new technology. However, perhaps more importantly, the university is all set to reach out to food companies soon to get inducted into the Food Industry Consortium so that those companies can start using the technology.
As one can see, it is a highly ambitious technology that could have considerable applications in the food industry if it proves to be effective. Hence, Pressure BioSciences has also come into focus among investors in a big way. It is now going to be interesting to see how the stock performs over the course of the coming days as the news about this new collaboration spreads further. At this point, it may be a good move for investors to add the stock to their watch lists and watch out for the developments on this front.
