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Local Tech Wire

RESEARCH TRIANGLE PARK, N.C. – (Nadaq: TLCR) reported a sharp increase in third-quarter profits Monday.

Revenues increased 12.9 percent to $395.7 million from the same quarter a year ago.

Profits, meanwhile, surged 38 cents per share, up 73 percent from a year earlier, to $35.8 million.

Through the first nine months of 2009, revenues grew 17.5 percent to $1.14 billion, and the company reported earnings of $1.62 per share compared to 43 cents in the first three quarters of 2008.

Talecris recently went public with a $1.1 billion stock offering and also refinanced $600 million in debt.