This article has been updated to include comments from a conference call and an updated stock quote.
 
NEW YORK (GenomeWeb News) – Helicos BioSciences this morning reported that its grant revenues rose 75 percent for the three-month period ended June 30, while its net loss increased by 47 percent.
 
The Cambridge, Mass.-based firm brought in grant revenue of $251,000 compared to $143,000 in the second quarter of 2007. Helicos claimed no revenues from product sales during the quarter.
 

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