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Pressure Bio Leases PCT System to USDA Unit for Crop Pathogen Studies

Dec 19, 2006
NEW YORK (GenomeWeb News) — Pressure BioSciences has leased its PCT sample-preparation system to a unit of the US Department of Agriculture, the company said today.
 
Pressure said it installed the system at the Root Disease and Biological Control Research Unit of the Agricultural Research Service, located in Pullman, Wash.
 
PBI said it expects the ARS to use the system to research pathogenic microbes in the roots of plants such as wheat and canola, and to develop plants with greater resistance to such microbes.  
 
The firm also said it signed a three-year lease agreement with the USDA under which its ARS unit will pay a bi-monthly fee and buy a minimum number of processing containers on a monthly basis.
 
The ARS will retain an option to buy the PCT at any time during the lease period.   
 
Financial terms of the agreement were not released.

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