Pacific Biomarkers, Inc. (PBMC.OB) Awarded Two Major Research Contracts
Pacific Biomarkers, Inc. provides specialized central laboratory and contract research services to support pharmaceutical and diagnostic manufacturers conducting human clinical trial research. Today, PBI announced they have been awarded major research contracts with two multinational pharmaceutical companies to provide clinical biomarker services. The studies conducted by PBI will involve analysis of biomarkers associated with cardiovascular, metabolic and inflammatory diseases and hepatic and renal injury. Testing for the new contracts will begin as early as Feb. of this year with estimated total revenue to be over $1 million during the life of the contracts. One of the leaders at PBI is…