NEW YORK (GenomeWeb News) – Pressure Biosciences today reported that its third-quarter 2009 revenues increased 19 percent on higher grant revenue and a growing number of installations of its Barocycler instruments.

The South Easton, Mass.-based firm brought in total revenues of $317,427 for the three-month period ended Sept. 30, compared to $265,662 for the third quarter of 2008. Revenues from its pressure cycling technology products and services were $204,584 versus $222,825 in the comparable quarter of 2008, while its grant revenue increased to $112,843 from $42,837.

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