July 23, 2017 8:06 AM ET

Biotechnology

Company Overview of Protea Biosciences Group, Inc

Company Overview

Protea Biosciences Group, Inc., a molecular information company, develops and commercializes life science technologies, products, and services to identify the molecules that are produced by living cells and various life forms. It develops Histology Guided Mass Spec Imaging, a software suite that allows researchers to share, annotate, and direct the analysis of specific tissue morphologies and cell subpopulations by mass spec imaging; and prototype instrumentation of LAESI technology that integrates with laboratory instruments. The company also develops technology to improve the molecular characterization of biotherapeutics; and bioanalytical reagents and products to facilitate sample prepara...

1311 Pineview Drive

Suite 501

Morgantown, WV 26505

United States

Founded in 2001

25 Employees

Phone:

304-292-2226

Fax:

304-606-3049

Key Executives for Protea Biosciences Group, Inc

Chairman and Chief Executive Officer
Age: 71
Total Annual Compensation: $240.0K
President and Chief Business Officer
Age: 50
Total Annual Compensation: $240.0K
Chief Scientific Officer and Vice President of Research & Development
Age: 42
Total Annual Compensation: $180.0K
Consultant
Age: 48
Compensation as of Fiscal Year 2016.

Protea Biosciences Group, Inc Key Developments

Maged Shenouda Resigns as Director of Protea Biosciences Group, Inc

On June 9, 2017, Maged Shenouda resigned as a Director of Protea Biosciences Group Inc.

Protea Biosciences Group, Inc announced delayed 10-Q filing

On 05/15/2017, Protea Biosciences Group, Inc announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Protea and Proteos Announce Co-Marketing Agreement

Protea Biosciences Group, Inc. and Proteos, Inc. announced that they have entered into a joint co-marketing agreement. This mutual partnership allows Protea to combine Proteos' protein production capabilities alongside Protea's proprietary bioanalytical services, and allows Proteos to market and promote Protea's proprietary bioanalytical services with their custom protein production services. Recent advancements in recombinant protein production technologies, combined with an ever-increasing understanding of biology, are discovering novel proteins at a rapid pace. These novel proteins are useful in a wide variety of biotherapeutic, industrial and diagnostic applications. With these advances comes the need for seamlessly integrating quantitative analysis of these proteins. The combined availability of the Protea and Proteos technology platforms will benefit companies and research institutions by streamlining their project development cycles. Both companies plan to actively co-market their respective capabilities to the biopharmaceutical, biotechnology, life science and academic sectors.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 31, 2016
--
Private Placement
September 8, 2016
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