Pressure BioSciences Inc. (PBIO) is “On Alert”
Pressure BioSciences Inc. is a life sciences company we have followed for much of this year through our relationship with the Red Chip Conferences. Pressure BioSciences, Inc. shares were hit with an inexplicable sell off this week, which has many speculating the sell off could be due impart to investor confusion linking Pressure BioSciences, Inc. and Panacos Pharmaceuticals Inc. which neared its 52 week low after disappointing results from Panacos HIV drug candidate bevirimat. Pressure BioSciences Inc. did initially have a passive investment in Panacos Pharmaceuticals, but sold off all of its interest in the investment over six month ago,…