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Cerus - CERS STOCK NEWS

Welcome to our dedicated page for Cerus news (Ticker: CERS), a resource for investors and traders seeking the latest updates and insights on Cerus stock.

Cerus Corporation (CERS) maintains global leadership in blood safety through its INTERCEPT Blood System, a pathogen inactivation platform protecting transfusion medicine worldwide. This dedicated news hub provides investors and healthcare professionals with essential updates on regulatory milestones, clinical advancements, and operational developments.

Access timely reports on FDA clearances, European CE marks, and partnerships with blood centers across 40+ countries. Track progress in platelet and plasma treatment adoption, red blood cell system trials, and international expansion efforts. Our curated news collection ensures you never miss critical updates about this biomedical innovator.

Key coverage areas include quarterly financial results analysis, peer-reviewed study publications, manufacturing capacity expansions, and strategic collaborations with global health organizations. All content is verified through primary sources including company filings and official statements.

Bookmark this page for streamlined access to CERS developments impacting transfusion safety standards. Combine real-time alerts with historical context to understand Cerus' role in combating emerging bloodborne pathogens through cutting-edge nucleic acid targeting technology.

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Cerus (Nasdaq: CERS) announces positive results for ReCePI Phase 3 trial of INTERCEPT Red Blood Cells showing non-inferiority in acute kidney injury incidence compared to conventional RBCs. Safety data also favorable.
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Cerus Corporation (Nasdaq: CERS) reported sequential revenue growth in the fourth quarter driven by sales in North America, with a narrowed GAAP net loss. The company achieved its goal of adjusted EBITDA breakeven for the fourth quarter and reiterated its full-year 2024 product revenue guidance range of $172-175 million. Cash and cash equivalents were $65.9 million at the end of December 2023.
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Cerus Corporation (CERS) will release its fourth quarter and full-year 2023 financial results on March 5, 2024. A conference call and webcast will follow to discuss the financial results and provide a business outlook.
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Cerus Corporation (CERS) will have management participation in two upcoming investor conferences, the BTIG 11th Annual MedTech, Digital Health, Life Science & Diagnostic Tools Conference on February 13th and TD Cowen’s 44th Annual Health Care Conference on March 6th. The company will also have a live webcast of the TD Cowen presentation, with a replay available on their website after the event.
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Cerus Corporation (CERS) announces preliminary fourth quarter and full-year 2023 product revenues of $46.8 million and $156.4 million, respectively. The company also provided product revenue guidance for full-year 2024, expecting revenues to be between $172-$175 million, reflecting 10%-12% growth year over year. The unaudited preliminary product revenue for the fourth quarter of 2023 showed a 6% increase over the same period in 2022, and a sequential increase of 18%. Cerus expects double-digit product revenue growth for full-year 2024, driven by continued growth in their INTERCEPT Platelet franchises in both the U.S. and internationally, as well as in the INTERCEPT Fibrinogen Complex business. The company also anticipates reaching adjusted EBITDA breakeven for the fourth quarter of 2023, which will be important for funding future growth. Additionally, Cerus anticipates a meaningful year for their INTERCEPT Red Blood Cell (RBC) program in 2024, with key catalysts for advancing the program towards commercialization expected in the first and second half of 2024.
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Cerus Corporation (NASDAQ:CERS) will participate in two upcoming investor conferences. Cerus' president and CEO, William 'Obi' Greenman, will participate in a fireside chat at The Stifel 2023 Healthcare Conference on November 14th. Cerus' CFO, Kevin Green, will participate in a fireside chat at The Stephens Annual Investment Conference on November 15th.
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Cerus Corporation (Nasdaq: CERS) announced Q3 2023 financial results with total revenue of $47.3 million, consisting of $39.8 million in product revenue and $7.5 million in government contract revenue. The company completed Phase 3 ReCePI study enrollment in cardiovascular surgery patients and expects top-line data readout in Q1 2024. Cash, cash equivalents, and short-term investments were $79.0 million at the end of September 2023. The company reaffirmed its commitment to achieve non-GAAP adjusted EBITDA breakeven in Q4 2023.
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Healthcare software and services company Bloodbuy has entered into an agreement with Cerus Corporation to offer Pathogen Reduced Cryoprecipitated Fibrinogen Complex (IFC) on its online marketplace. IFC is a pathogen reduced blood component for fibrinogen supplementation with a 5-day post-thaw shelf life. The agreement aims to enhance patient outcomes and address inventory challenges in hospitals and blood centers.
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Cerus Corporation to release Q3 2023 financial results on November 2, 2023
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Cerus Corporation announces presentations and workshops at the 2023 AABB Annual Meeting
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Cerus

Nasdaq:CERS

CERS Rankings

CERS Stock Data

241.53M
174.80M
3.25%
76.31%
5.43%
Medical Devices
Surgical & Medical Instruments & Apparatus
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United States
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