Pressure BioSciences, Inc. Announces Launch of FDA-Registered Hand Sanitizer

May 14, 2020

First Product Developed Through Pending Merger Partners

Posted by Pressure BioSciences, Inc.

The owners of privately held Cannaworx, Inc. have obtained FDA registration for the newly developed hand sanitizer, as
well as an NDC (National Drug Code) number. The product is being manufactured in a fully compliant, GMP-certified
facility. Initial packaging will be in 250/500 ml. bottles, with 125 ml., 1 liter, and 1-gallon sizes available by Fall 2020. The
product contains 75% alcohol in a proprietary blend of other reagents.

Hand sanitizers are liquid, gel, or foam anti-microbial products that have been shown to be effective in killing human disease-causing pathogens (e.g., viruses, bacteria, fungi) on the hands. Most hand sanitizers use alcohol as their active and most prominent ingredient. Hand sanitizers are believed to be faster, more efficient, and easier on the skin than repeated
hand-washing. They are often used when hand washing with soap and water is not convenient or possible.

According to a 2019 report by Radiant Insights, the global hand sanitizer market is expected to reach $5.5 billion by 2024 (Click Here).
Availa Bio will be led by Jim Morrison (Click Here), the former President of L’Oreal, Sexy Hair, StarShop, and Graham
Webb. In addition to his remarkable career at the helm of several prominent beauty and cosmeceutical companies,

Mr. Morrison also has had a long and distinguished history of collaborating with celebrities to design and launch beauty and
personal care lines, including Kylie Jenner, Britney Spears, Christie Brinkley, and Rob Lowe. Mr. Morrison is universally
regarded as one of the top brand strategists in the personal care space worldwide.

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