Cerus Corporation Announces Appointment of Hua Shan, MD, PhD to Board of Directors

Rhea-AI Summary

Cerus Corporation (NASDAQ: CERS) announced the appointment of Dr. Hua Shan to its Board of Directors. Dr. Shan, a renowned expert in transfusion medicine with over 25 years of experience, aims to enhance Cerus' efforts in the Chinese market for its INTERCEPT Blood System. The Board Chair, Daniel Swisher, expressed confidence that Dr. Shan's extensive knowledge will positively impact Cerus' global presence and product safety initiatives. Dr. Shan previously served in key roles at prestigious institutions, including Stanford Medical Center and Johns Hopkins University.

Positive

• Appointment of Dr. Hua Shan enhances leadership expertise.
• Dr. Shan's experience in international blood bank practices can aid in expanding Cerus' presence in China.
• The addition of Dr. Shan is expected to strengthen product development and safety initiatives.

Negative

• None.

CONCORD, Calif.--(BUSINESS WIRE)-- Cerus Corporation (Nasdaq: CERS) today announced the appointment of Hua Shan, MD, PhD, Professor of Pathology and Medical Director, Transfusion Medicine Service at Stanford Medical Center to its Board of Directors.

“We are pleased to welcome Dr. Shan to Cerus’ Board of Directors,” said Daniel Swisher, Chair of the Board. “Dr. Shan is an accomplished, leading voice in the transfusion community, with more than twenty-five years of experience in the field, bringing a wealth of knowledge and insight to our Board. In addition, Dr. Shan has extensive experience with international blood bank practices including the Chinese transfusion market. We expect to benefit from Dr. Shan’s expertise as we continue to work toward bringing the INTERCEPT Blood System to China’s transfusion medicine community through our joint venture. As Cerus continues to grow its global presence as a leading provider of therapeutic solutions to increase blood product safety and availability while enabling patient access, we believe the addition of Dr. Shan will provide us with invaluable perspective and we look forward to her many contributions to the organization.”

“I am delighted to be joining the Board of Directors at Cerus during this exciting time in the Company’s history,” said Dr. Shan. “Having experienced firsthand the benefits of the INTERCEPT Blood System on our operations at Stanford, and most importantly, our patients, I am looking forward to helping the Company realize its vision of safeguarding the global blood supply as INTERCEPT grows to become the standard of care around the world.”

Prior to her roles at Stanford, Dr. Shan served as the Medical Director of the Blood Bank Service and as the Associate Director of Transfusion Medicine at Johns Hopkins University, Assistant Medical Director at Medical University of South Carolina and Transfusion Medicine Fellow at the University of Pennsylvania.

ABOUT CERUS

Cerus Corporation is dedicated solely to safeguarding the world’s blood supply and aims to become the preeminent global blood products company. Headquartered in Concord, California, the company develops and supplies vital technologies and pathogen-protected blood components to blood centers, hospitals, and ultimately patients who rely on safe blood. The INTERCEPT Blood System for platelets and plasma is available globally and remains the only pathogen reduction system with both CE mark and FDA approval for these two blood components. The INTERCEPT red blood cell system is under regulatory review in Europe, and in late-stage clinical development in the US. Also in the US, the INTERCEPT Blood System for Cryoprecipitation is approved for the production of INTERCEPT Fibrinogen Complex, a therapeutic product for the treatment and control of bleeding, including massive hemorrhage, associated with fibrinogen deficiency. For more information about Cerus, visit www.cerus.com and follow us on LinkedIn.

INTERCEPT and the INTERCEPT Blood System are trademarks of Cerus Corporation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220705005829/en/

Matt Notarianni – Senior Director, Investor Relations

Cerus Corporation

925-288-6137

Source: Cerus Corporation

FAQ

Who is Dr. Hua Shan and what is her role at Cerus Corporation?

Dr. Hua Shan is a newly appointed member of Cerus Corporation's Board of Directors, bringing over 25 years of experience in transfusion medicine.

How will Dr. Shan's appointment impact Cerus Corporation?

Dr. Shan's appointment is expected to enhance Cerus' global presence and expertise, particularly in the Chinese market for the INTERCEPT Blood System.

What experience does Dr. Hua Shan bring to Cerus?

Dr. Shan has extensive experience in transfusion medicine, having held significant roles at Stanford Medical Center and Johns Hopkins University.

What is the INTERCEPT Blood System?

The INTERCEPT Blood System is a technology developed by Cerus Corporation for pathogen reduction in blood products, currently available globally.