- Two of Predictive Oncology’s four subsidiaries are constructing new Good Manufacturing Practices laboratories to offer additional services to customers
- With its new GMP lab, Soluble Biotech will provide customers formulations that can go directly to clinical trials, as well as manufacture proprietary media used in its chromatography kits
- TumorGenesis will use its GMP lab to produce its proprietary media that tricks tumor cells into growing outside the body the same as inside the body in addition to producing proteins and other biological products used in diagnosing, treating, and modifying tumor cells
On the heels of raising $21.34 million and three of its companies participating in the popular Biotechnology Innovation Organization (“BIO”) conference,
Predictive Oncology (NASDAQ: POAI) continued its busy month with more substantive developments from its subsidiaries. The Minneapolis-based company, which develops and offers a suite of products and services across its portfolio companies focused on drug development and targeted cancer treatments, announced that two of its four subsidiaries, Soluble Biotech and TumorGenesis, are expanding their services with the construction of new GMP (good manufacturing practices) laboratories (
https://ibn.fm/UWoLK).
From its facilities in Birmingham, Alabama, Soluble Biotech specializes in formulation solutions and stability services used for vaccines, monoclonal antibodies, and biologics. The GMP facility ramps up these…
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NOTE TO INVESTORS: The latest news and updates relating to POAI are available in the company’s newsroom at
http://ibn.fm/POAI
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