Pressure BioSciences Posts 69 Percent Revenue Increase for Q1 but Warns of Pressing Need for Cash | GenomeWeb

NEW YORK (GenomeWeb News) – Pressure BioSciences today reported revenues increased 69 percent year over year during its first quarter, paced by grants-related revenue.

In a document filed with the US Securities and Exchange Commission, however, the company warned that it will need to secure funds or faces the possibility of shutting its doors after the end of the month.

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