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Cerus Corp - 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) is a pioneering biomedical products company dedicated to enhancing blood safety worldwide. The company’s flagship technology, the INTERCEPT Blood System, aims to mitigate the risk of transfusion-transmitted diseases by inactivating a broad spectrum of pathogens, including viruses, bacteria, and parasites present in donated blood. Utilizing a unique nucleic acid targeting mechanism, the INTERCEPT system offers protection against established threats like Hepatitis B and C, HIV, West Nile Virus, and bacteria, while also being designed to inactivate emerging pathogens such as Influenza, Malaria, and Dengue.

Cerus Corporation markets and sells the INTERCEPT Blood System for both platelets and plasma in various regions including Europe, Russia, the Middle East, and selected countries globally. The INTERCEPT Red Blood Cell system is currently in clinical development, highlighting the company’s ongoing efforts to broaden its product offerings and enhance blood safety further.

Recent achievements for Cerus include expanding market reach, securing regulatory approvals, and forging key partnerships to strengthen its global presence. Financially, Cerus remains focused on sustaining growth through innovation and strategic collaborations.

By prioritizing safety and efficacy, Cerus Corporation plays a critical role in the field of blood transfusion safety, making significant strides in protecting public health on a global scale.

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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 Corporation appoints Alicia Goodman as Chief Human Resources Officer (CHRO), focusing on talent and organizational structure. Positive impact on stock price expected.
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Cerus CFO to participate at Cantor Global Healthcare Conference
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Cerus Corporation to release Q2 2023 financial results on August 2, 2023
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Cerus Corporation (Nasdaq:CERS) announced its participation in the 33rd Regional International Society of Blood Transfusion Congress in Sweden. The conference marks the first in-person event since 2019. Cerus will present abstracts and hold a lunch symposium on pathogen reduced products and transfusion safety. The company will also have representatives at booth #2716.
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Cerus Corporation celebrates World Blood Donor Day 2023, highlighting the importance of blood donors and the global blood supply.
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FAQ

What is the current stock price of Cerus (CERS)?

The current stock price of Cerus (CERS) is $1.66 as of November 20, 2024.

What is the market cap of Cerus (CERS)?

The market cap of Cerus (CERS) is approximately 313.9M.

What is Cerus Corporation's main focus?

Cerus Corporation focuses on commercializing the INTERCEPT Blood System to enhance blood safety by inactivating pathogens in donated blood.

What pathogens does the INTERCEPT Blood System target?

The INTERCEPT Blood System targets a wide range of pathogens including viruses (like HIV and Hepatitis), bacteria, and parasites.

Where is the INTERCEPT Blood System marketed?

The INTERCEPT Blood System is marketed in Europe, Russia, the Middle East, and selected countries worldwide.

What products does Cerus Corporation offer?

Cerus offers the INTERCEPT Blood System for both platelets and plasma, with a red blood cell system in clinical development.

What are some recent achievements of Cerus Corporation?

Recent achievements include expanding market reach, securing regulatory approvals, and establishing key partnerships.

How does the INTERCEPT Blood System work?

The system uses a nucleic acid targeting mechanism to inactivate pathogens in donated blood, reducing the risk of transfusion-transmitted diseases.

What financial strategies does Cerus Corporation employ?

Cerus focuses on sustaining growth through innovation and strategic collaborations.

Is Cerus Corporation involved in research for emerging pathogens?

Yes, the INTERCEPT system is designed to inactivate emerging pathogens such as Influenza, Malaria, and Dengue.

What regions are key markets for Cerus Corporation?

Key markets include Europe, Russia, the Middle East, and selected countries in other regions.

What segment does Cerus Corporation operate in?

Cerus operates in the blood safety segment, focusing on enhancing transfusion safety.

Cerus Corp

Nasdaq:CERS

CERS Rankings

CERS Stock Data

313.86M
177.05M
3.27%
79.26%
4.27%
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
United States of America
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