PURE Bioscience, Inc. (OTCQB: PURE), creator of the patented non-toxic silver dihydrogen citrate (SDC) antimicrobial, today announced that it has entered into a two-year nonexclusive supply agreement with Roka Bioscience, Inc. (NASDAQ: ROKA) for Roka to market PURE’s line of antimicrobial disinfecting and sanitizing products and processing aids to the food industry. Roka is a molecular diagnostics company focused on providing advanced testing solutions for the detection of foodborne pathogens.
With this Agreement PURE Bioscience expands Roka Bioscience’s reach into the operational environments of food production with environmental and surface disinfectants and processing interventions for pathogen control, complementing their Atlas foodborne pathogen testing portfolio.
Hank R. Lambert, CEO of PURE said, “We are very excited to partner with Roka in offering advanced science in both pathogen detection and elimination to the food industry. Our proven silver dihydrogen citrate based antimicrobial solutions have been adopted by Chipotle, Taylor Farms, Subway® and numerous other food companies for effective pathogen reduction. Partnering with Roka will enable us to extend our solutions to their broad customer portfolio.”
Mary Duseau, CEO of Roka Bioscience stated, “Roka Bioscience continues to deliver technology forward solutions to the food industry. With the addition of the PURE Bioscience product line, Roka’s commitment to food safety now extends from the processing floor to the laboratory. We believe that this partnership and our solution approach offers the industry increased control and resolution in pathogen detection and prevention.”
About Roka Bioscience
Roka Bioscience is a molecular
diagnostics company focused on developing and commercializing advanced
testing solutions for the food safety testing market. Our Atlas®
Detection Assays incorporate our advanced molecular technologies and are
performed on our "sample-in, result-out" Atlas® System that automates
all aspects of molecular diagnostic testing on a single, integrated
platform. The Atlas® System and Detection Assays are designed to provide
our customers with accurate and rapid test results with reduced labor
costs and improved laboratory efficiencies. For more information, visit http://rokabio.com.
About PURE Bioscience, Inc.
PURE Bioscience, Inc. is focused
on developing and commercializing our proprietary antimicrobial products
primarily in the food safety arena -- providing solutions to the health
and environmental challenges of pathogen and hygienic control. Our
technology platform is based on patented stabilized ionic silver, and
our initial products contain silver dihydrogen citrate, or SDC. SDC is a
broad-spectrum, non-toxic antimicrobial agent, which offers 24-hour
residual protection and formulates well with other compounds. As a
platform technology, SDC is distinguished from existing products in the
marketplace because of its superior efficacy, reduced toxicity and it
mitigates bacterial resistance. PURE is headquartered in El Cajon,
California (San Diego metropolitan area). Additional information on PURE
is available at www.purebio.com.
Forward-looking Statements
Any statements contained in
this press release that do not describe historical facts may constitute
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
inherently involve risks and uncertainties that could cause our actual
results to differ materially from any forward-looking statements.
Factors that could cause or contribute to such differences include, but
are not limited to, the Company’s failure to implement or otherwise
achieve the benefits of its proposed business initiatives and plans;
acceptance of the Company's current and future products and services in
the marketplace, including the Company’s ability to convert successful
evaluations and tests into customer orders and customers continuing to
place product orders as expected and to expand their use of the
Company’s products; the ability of the Company to develop effective new
products and receive required regulatory approvals for such products,
including the required data and regulatory approvals required to use its
SDC-based technology as a direct food contact processing aid in raw meat
processing and to expand its use in OLR poultry processing; the
Company’s ability to raise funds necessary to support its continued
operations and the implementation of its business plan; competitive
factors; dependence upon third-party vendors, including to manufacture
its products; and other risks detailed in the Company's periodic report
filings with the Securities and Exchange Commission (the SEC), including
its Form 10-K for the fiscal year ended July 31, 2016, its Form 10-Q for
the first quarter ended October 31, 2016 and third quarter ended April
30, 2017. You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. By
making these forward-looking statements, the Company undertakes no
obligation to update these statements for revisions or changes after the
date of this release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170710005175/en/
Contacts:
Hank Lambert, CEO
619-596-8600 ext.103
hlambert@purebio.com
or
Bibicoff
+ MacInnis, Inc.
Terri MacInnis, VP of IR
818-379-8500
terri@bibimac.com
or
Redwood
Investment Group
Tom Hemingway
714-978-4425
tomh@redwoodfin.com