Clyra Medical Technologies, a Subsidiary of BioLargo, Appoints Dr. Steven J. Kavros as Chief Medical Officer

WESTMINSTER, CA / ACCESSWIRE / September 9, 2024 / BioLargo, Inc. (OTCQX:BLGO), a developer of sustainable environmental and life sciences technologies, announced that its partially owned subsidiary Clyra Medical Technologies had appointed Dr. Steven J. Kavros as its new Chief Medical Officer.

Dr. Kavros brings a wealth of medical expertise and experience in advanced wound healing and limb preservation to his new role at Clyra. He spent over 20 years at the prestigious Mayo Clinic in Rochester, MN, where he served as Director at the Gonda Vascular Wound Healing Center, and was involved in both research and patient care. He was also deeply engaged in medical education as Associate Professor at the Mayo Clinic's Alix School of Medicine.

Dr. Kavros is also an accomplished researcher and speaker, having given over 1,800 presentations related to his research activities at national and international conferences, and lead author of numerous peer-reviewed papers centered on new medical technologies and evidence-based medicine.

In addition to his clinical and academic achievements, Dr. Kavros has a proven track record in the medical device industry, successfully bringing to market multiple products in advanced wound healing, limb preservation, and orthopedics. He has also served in leadership roles at EPIEN Medical, TEI Biosciences, Miromatrix Medical, and Innovacyn.

Dr. Kavros earned a bachelor's degree in Biology with honors and a minor in Chemistry from Rutgers University and subsequently graduated from Temple University School of Podiatric Medicine with highest honors in surgery, orthopedics, biomechanics and podiatric medicine. Dr. Kavros is also a certified wound specialist through the American Board of Wound Management, a fellow of the American College of Certified Wound Specialists, and a founding member of the American Professional Wound Care Association, where he also served as scientific chair and later as its president from 2015-2019.

Clyra CEO Steve Harrison commented "Dr. Kavros' unique blend of clinical expertise and business insight will prove invaluable to support our significant investments for at-scale manufacturing and distribution of our Bioclynse product. His skills in leadership, team building, and entrepreneurship align perfectly with Clyra's vision and goals."

About Clyra Medical Technologies, Inc.

Clyra Medical Technologies, founded on our mission of "Make Lives Better", is a healthcare company that develops and commercializes products designed to safely treat wound and skin infections and promote wound healing, while reducing the need for antibiotics.

Clyra Medical Technologies is a proud member of the BioLargo Family of Companies (www.biolargo.com). Clyra is a subsidiary of BioLargo, Inc., a publicly traded company, with the stock symbol (OTCQX:BLGO) BioLargo is a technology innovator and solutions provider focused on some of the world's most pressing human health and environmental challenges including advanced water treatment, environmental remediation, air quality control, medical technologies, and more.

About BioLargo, Inc.

BioLargo, Inc. (OTCQX: BLGO) is a cleantech and life sciences innovator and engineering services solution provider. Our core products address PFAS contamination, achieve advanced water and wastewater treatment, control odor and VOCs, improve air quality, enable energy-efficiency and safe on-site energy storage, and control infections and infectious disease. Our approach is to invent or acquire novel technologies, develop them into product offerings, and extend their commercial reach through licensing and channel partnerships to maximize their impact. See our website at www.BioLargo.com.

Contact Information

Dennis P. Calvert

President and CEO, BioLargo, Inc.

dennis.calvert@biolargo.com

888-400-2863

BioLargo Earnings Results Webcast and Conference Call on Wednesday, August 14, 2024 - 1:30 PM Pacific Time

WESTMINSTER, CA / ACCESSWIRE / August 13, 2024 / BioLargo, Inc. (OTCQX:BLGO), a developer of sustainable technologies and full-service environmental engineering company, announced it will host an investor webcast and conference call on Wednesday, August 14, 2024 at 1:30 pm Pacific Time / 4:30 pm Eastern Time. The event, which will be open to the public, will be held to review the company's financial results for the three months and six months ended June 30, 2024, discuss recent milestones, and conduct a question-and-answer session.

To listen to a live broadcast, go to the site linked below at least 15 minutes prior to the scheduled start time to register and download any necessary audio/video software.

To participate in the live webcast and teleconference:

Webcast Link: https://www.webcaster4.com/Webcast/Page/2448/51101
Teleconference Domestic: 877-545-0523
Teleconference International: 973-528-0016
Participant Access Code: 739107

To watch or listen to a replay of the webcast or teleconference:

Teleconference Replay Expiration: August 28, 2024
Webcast Replay Expiration: November 14, 2024
Teleconference Replay Domestic: 877-481-4010
Teleconference Replay International: 919-882-2331
Replay Passcode: 51101

The webcast replay and accompanying presentation materials will be made available on the Investor Relations section of BioLargo's website at www.biolargo.com/investor-relations.

About BioLargo, Inc.

BioLargo, Inc. (OTCQX:BLGO) is a cleantech and life sciences innovator and engineering services solution provider. Our core products address PFAS contamination, achieve advanced water and wastewater treatment, control odor and VOCs, improve air quality, enable energy-efficiency and safe on-site energy storage, and control infections and infectious disease. Our approach is to invent or acquire novel technologies, develop them into product offerings, and extend their commercial reach through licensing and channel partnerships to maximize their impact. See our website at www.BioLargo.com.

Contact Information

Dennis P. Calvert
President and CEO, BioLargo, Inc.
888-400-2863

Safe Harbor Act

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about BioLargo's (the "Company") anticipated revenue and plans for future operations. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation: results of operations, financial condition, and stock price; the effect of regional economic conditions on the Company's business, including effects on purchasing decisions by consumers and businesses; the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change; the ability of the Company to manage frequent introductions and transitions of products and services, including delivering to the marketplace, and stimulating customer demand for, new products, services, and technological innovations on a timely basis; the dependency of the Company on the performance of distributors of the Company's products. More information on these risks and other potential factors that could affect the Company's business and financial results is included in the Company's filings with the SEC, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

Contact Information

Dennis Calvert
President and CEO
dennis.calvert@biolargo.com
(949) 235-8062

SOURCE: BioLargo, Inc.

BioLargo Achieves Record Quarterly Revenue of $5 Million for Second Quarter of 2024

Q2 2024 revenues grew 247% compared to same three months last year

Westminster, CA – August 6, 2024 – BioLargo, Inc. (OTCQX:BLGO), a company that creates and commercializes sustainable technologies to solve tough environmental and cleantech challenges, announced preliminary results for its second quarter ended June 30, 2024:

• Companywide revenue ($5.0 million) for the quarter increased 247% compared with the second quarter of 2023 and increased 5% compared to the first quarter of 2024 (revenues for the six months ended June 30, 2024, increased 88% over the first six months of 2023).
• The company had a net loss for the quarter of $780,000, which included approximately $540,000 in non-cash stock option compensation expense.  
• At June 30, 2024, the company had $4.8 million in cash and cash equivalents, and $10.1 million total assets.
• The company’s total stockholder’s equity increased to $5.9 million as of June 30, 2024.

BioLargo’s President and CEO Dennis P. Calvert said of the results, “We had another quarter of record revenues, and we continue to strengthen our balance sheet. We are in a strong position to continue advancing the commercialization of our multiple cleantech products and services.”

The company is still working to finalize its quarterly report on Form 10-Q for the period ended June 30, 2024, which it intends to file on or before the August 14, 2024 deadline. The revenue estimates described here are preliminary and subject to change pending the review process.

The company plans to hold an earnings conference call and webcast on August 14, 2024, to discuss its results, and will provide more information about this event soon.

About BioLargo, Inc.

BioLargo, Inc. (OTCQB:BLGO) is a cleantech and life sciences innovator and engineering services solution provider. Our core products address PFAS contamination, achieve advanced water and wastewater treatment, control odor and VOCs, improve air quality, enable energy-efficiency and safe on-site energy storage, and control infections and infectious disease. Our approach is to invent or acquire novel technologies, develop them into product offerings, and extend their commercial reach through licensing and channel partnerships to maximize their impact. See our website at www.BioLargo.com. 

Contact Information

Dennis P. Calvert

President and CEO, BioLargo, Inc.

888-400-2863

Safe Harbor Act

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about BioLargo’s (the “Company”) expectations regarding anticipated revenue; and plans for future operations. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation: the effect of regional economic conditions on the Company’s business, including effects on purchasing decisions by consumers and businesses; the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change; the ability of the Company to manage frequent introductions and transitions of products and services, including delivering to the marketplace, and stimulating customer demand for, new products, services, and technological innovations on a timely basis; the dependency of the Company on the performance of distributors of the Company’s products. More information on these risks and other potential factors that could affect the Company’s business and financial results is included in the Company’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

New Study Confirms Forever Chemicals Are Absorbed Through Human Skin

Link to article: https://phys.org/news/2024-06-chemicals-absorbed-human-skin.html  

A new study on widespread “forever chemicals” by the University of Birmingham published in Environment International proved for the first time that a wide range of PFAS chemicals can be readily absorbed through human skin. Although the chemicals are already well known to enter the body through other means such as ingestion (eating and drinking) and inhalation, it has until recently been thought that PFAS are unable to breach the skin barrier. The new study, however, confirms that most of them can enter the body via this route.  

Dr. Oddny Ragnarsdóttir, the lead author of the study, stated: “The ability of these chemicals to be absorbed through skin has previously been dismissed because the molecules are ionized. The electrical charge that gives them the ability to repel water and stains was thought to also make them incapable of crossing the skin membrane”. The research instead shows that this theory does not always hold, and significant amounts of PFAS exposure can be a result of absorption through the skin.  

Among the thousands of different types of PFAS, the researchers chose 17 of the most widely used and studied, and those that directly corresponded to chemicals specifically regulated by the EU’s Drinking Water Directive. Of the 17 tested PFAS, 15 showed substantial absorption of at least 5% of the exposure dose. The study also showed that absorption correlated with carbon chain length, with longer chain molecules absorbing less than shorter chain molecules. This study provides much needed evidence of how skin contact and carbon chain length can affect exposure and raises several questions at a time when industry is shifting towards shorter chain PFAS believing them to be less toxic. 

Chemical Makers Sue Over Rule to Rid Water of ‘Forever Chemicals’

Unsurprisingly, in the wake of new PFAS regulations, some in the industry are pushing back against the tough new treatment standards.

Great story in the New York Times on the topic: https://www.nytimes.com/2024/06/10/climate/pfas-forever-chemicals-lawsuit.html

On June 10, the New York Times reported a lawsuit by several chemical and manufacturing groups against the federal government over the per- and polyfluoroalkyl (PFAS) “Forever Chemical” drinking water standards announced by the EPA two months prior. The groups claim that the new regulations exceed the government’s authority under the Safe Drinking Water Act by requiring municipal water systems across the country to filter out some of the synthetic chemicals to near non-detectable levels.  

While the EPA has said that the new standard will prevent serious illness and even death for thousands of people, these groups, along with some utilities, have brought challenges against the standard, questioning the science behind it and citing the potential cost of filtering out the chemicals. The American Water Works Association and the Association of Metropolitan Water Agencies believe the EPA have “significantly underestimated” the cost for treatment plants to meet the new standards, with the EPA estimating about $1.5 billion annually to comply and utilities claiming it could cost twice that amount.  

Ahead of the filing, Brenda Mallory, chair of the White House’s Council on Environmental Quality, in a public address defended the administration’s standards, stating: “Everyone should be able to turn on the tap and know that the glass of water they fill is safe to drink”. EPA officials also stated that the standard was based on the best available science and designed to be, “robust enough to withstand litigation”.
 

BioLargo Engineering Increases Ongoing Revenue with Another Air Force Contract

USAF work now amounts to over $100,000 in revenue per month.

Westminster, CA – June 20, 2024 – BioLargo, Inc. (OTCQX:BLGO), a company that creates and commercializes sustainable technologies to solve tough environmental and cleantech challenges, announced that its engineering subsidiary has been awarded a subcontract to provide air quality services to two Arizona U.S. Air Force bases for up to four years, with expected annual revenue of approximately $812,000.

The news comes on the heels of a similar recently announced contract award to serve three Air Force bases in New Mexico, which has a potential annual average revenue of $650,000. BioLargo’s work at the Arizona bases consists primarily of the air quality regulatory compliance portion of a Fence-to-Fence (F2F) support contract through prime contractor HLTLI Joint Venture, LLC, a joint venture between HL Environmental Services and TLI Solutions.

The four-year prime contract secures pricing for F2F services over the term of the contract but does not guarantee continuation of the contract over that duration. In the past, BioLargo’s engineers have continued providing services through the duration of the prime contract. In total, BioLargo Engineering’s work at Air Force bases now amounts to over $100,000 of revenue per month.

BioLargo Engineering, Science & Technologies President Randall Moore commented, “We are pleased and honored to continue providing vital engineering services to the United States Air Force and supporting their active mission and environmental compliance needs. These new contracts will provide for over $100,000 a month of ongoing fixed revenues while we continue to expand our abilities to support new opportunities.”

About BioLargo, Inc.

BioLargo, Inc. (OTCQB:BLGO) is a cleantech and life sciences innovator and engineering services solution provider. Our core products address PFAS contamination, achieve advanced water and wastewater treatment, control odor and VOCs, improve air quality, enable energy-efficiency and safe on-site energy storage, and control infections and infectious disease. Our approach is to invent or acquire novel technologies, develop them into product offerings, and extend their commercial reach through licensing and channel partnerships to maximize their impact. See our website at www.BioLargo.com. 

Contact Information

Dennis P. Calvert

President and CEO, BioLargo, Inc.

888-400-2863

Safe Harbor Act

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about BioLargo’s (the “Company”) expectations regarding anticipated revenue; and plans for future operations. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation: the effect of regional economic conditions on the Company’s business, including effects on purchasing decisions by consumers and businesses; the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change; the ability of the Company to manage frequent introductions and transitions of products and services, including delivering to the marketplace, and stimulating customer demand for, new products, services, and technological innovations on a timely basis; the dependency of the Company on the performance of distributors of the Company’s products. More information on these risks and other potential factors that could affect the Company’s business and financial results is included in the Company’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

BioLargo Subsidiary Clyra Medical Selects Keystone Industries to Support Manufacturing of its Medical Products

Westminster, CA – June 12, 2024 – BioLargo, Inc. (OTCQX:BLGO), a company that creates and commercializes sustainable technologies to solve tough environmental and cleantech challenges, announced that its subsidiary Clyra Medical Technologies, Inc. (“Clyra”) has selected Keystone Industries, a global manufacturer of medical, dental and cosmetic products with distribution partners in more than 70 countries, to support manufacturing of its medical products. The relationship focuses on the build-out of scaled manufacturing capacity for Clyra’s FDA 510(k) cleared Bioclynse surgical wound irrigation solution. Clyra and Keystone have been and continue to make significant investments to support the launch of Bioclynse.

Bioclynse is Clyra’s FDA 510(k) cleared, safe, highly effective, broad spectrum wound irrigation solution with enormous potential to improve patient outcomes in applications like orthopaedic surgery and dentistry. Advantages of Bioclynse include:

• Non-cytotoxic, non-sensitizing, no damage to tissue
• No rinse-out required
• Non-staining
• Sustained multi-day efficacy
• Effective against biofilms

Cary Robinson, President and CEO of Keystone Industries, said, “We are excited to support Clyra Medical Technologies to bring Bioclynse to the market. Keystone has a century of experience in developing and manufacturing medical device, OTC and pharmaceutical products. We have committed a significant investment in our infrastructure to support the manufacturing of innovative products like Clyra’s Bioclynse and can readily provide the needed support to scale up production rapidly.”

Steve Harrison, President of Clyra Medical Technologies, commented, “We are continuing to work hard and spend money to support the scaled roll-out of the Bioclynse surgical wound irrigation solution. Finding a manufacturing partner willing to invest significant money in new equipment and dedicated space was critical to these efforts. We look forward to a long and mutually prosperous relationship with Keystone.”

About BioLargo, Inc.

BioLargo, Inc. (OTCQB:BLGO) is a cleantech and life sciences innovator and engineering services solution provider. Our core products address PFAS contamination, achieve advanced water and wastewater treatment, control odor and VOCs, improve air quality, enable energy-efficiency and safe on-site energy storage, and control infections and infectious disease. Our approach is to invent or acquire novel technologies, develop them into product offerings, and extend their commercial reach through licensing and channel partnerships to maximize their impact. See our website at www.BioLargo.com. 

About Keystone Industries, Inc.

Keystone Industries is a market leader with over 100 years experience in developing cosmetic, medical device, OTC and pharmaceutical products. The company operates through a diverse network of over 800 U.S. and international distribution partners in more than 70 countries. Keystone maintains FDA licensing, ISO 13485 (medical device) and 22716 certifications, as well as GMP certification and international product registrations. Keystone’s commitment to innovation and quality ensures that the company consistently exceed the evolving needs of their customers. See our website at www.keystoneindustries.com.

Contact Information

Dennis P. Calvert

President and CEO, BioLargo, Inc.

888-400-2863

Safe Harbor Act

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about BioLargo’s (the “Company”) expectations regarding anticipated revenue; and plans for future operations. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation: the effect of regional economic conditions on the Company’s business, including effects on purchasing decisions by consumers and businesses; the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change; the ability of the Company to manage frequent introductions and transitions of products and services, including delivering to the marketplace, and stimulating customer demand for, new products, services, and technological innovations on a timely basis; the dependency of the Company on the performance of distributors of the Company’s products. More information on these risks and other potential factors that could affect the Company’s business and financial results is included in the Company’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.