Progressive BioActives Inc. (PBI) is an innovative biotech company located in Prince Edward Island, Canada. PBI comprises a group of leading scientists & business people, experienced in the development and production of Yeast Beta Glucan innovations. PBI currently produces our own unique, value added 'Yeast Cell Wall' feed ingredient for the livestock industry. Beta glucans, which make up an essential component of the yeast cell wall, have been shown to provide a wide variety of benefits to the livestock industry.

By 2005, PBI had applied for 3 patents and the company's 1st flagship product, a purified version of yeast cell wall - was on the market. Soon, the next generation of PBI's product, ProVale™ will be made available to swine, poultry, and farmed fish markets. ProVale™'s bioactive ingredient is derived from a specific region of the cell wall.

Stirling Products Makes Important Investment in Prince Edward Island Bioscience Company

Charlottetown, Prince Edward Island, July 23, 2007 - Progressive BioActives Inc, a Prince Edward Island company specializing in bioactive products for animal health and nutrition, has been purchased by Stirling Products, an Australian animal health company. PBI will continue to operate from its PEI-base.

In a media release last week, Stirling CEO and Managing Director, Dr. Calvin London said that he was “pleased to present this exciting opportunity to Stirling shareholders,” stating that “the Acquisition of PBI is an important advancement for the company.” [ More ]