NEW YORK (GenomeWeb) – Pressure BioSciences said today that its second quarter revenues grew 34 percent year over year, while increased expenses drove up its net loss. 

The firm posted $413,104 in total revenues for the three months ended June 30, up from $307,464 in the year-ago quarter. Its product, services, and other revenues rose 8 percent to $333,575 from $307,464 as consumables grew nearly 17 percent year over year to $56,513 from $48,417, Pressure Bio said. 

The company also recorded $79,529 in grant revenues, compared to none a year ago. 

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