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 (NASDAQ: CERS) is a biomedical products company focused on blood transfusion safety through its INTERCEPT Blood System and related technologies. This news page aggregates company announcements, financial updates, clinical milestones, and partnership news that Cerus releases through channels such as Business Wire and SEC-furnished press releases.
Readers can find coverage of quarterly and annual financial results, where Cerus reports product revenue from INTERCEPT platelet, plasma, and INTERCEPT Fibrinogen Complex (IFC) sales, along with government contract revenue tied to research and development programs. These releases often include updated product revenue guidance ranges and commentary on commercial performance in various geographies.
The news flow also highlights clinical and regulatory developments, including progress of the INTERCEPT red blood cell system in late-stage clinical development, Phase 3 trials such as RedeS, and regulatory review activities in Europe and the United States. Updates on the INT200 LED-based illumination device and development of lyophilized IFC (LyoIFC), supported by U.S. Department of Defense funding, are also featured.
In addition, Cerus issues news about strategic collaborations and industry engagement, such as group purchasing agreements with organizations like Blood Centers of America and participation in professional meetings, workshops, and conferences in transfusion medicine. These items describe efforts to expand access to pathogen-protected blood components and to share data on INTERCEPT technologies.
Investors, clinicians, and other stakeholders can use this page to follow Cerus’ latest disclosures on product adoption, revenue trends, government-supported projects, and scientific presentations related to blood safety and pathogen reduction.
Cerus (Nasdaq: CERS) has announced the appointment of Dean Gregory to its Board of Directors. Gregory brings over 30 years of experience in the global blood transfusion and cell therapy industry, including a recent role as President of Global Commercial Operations at Fresenius Kabi.
Chair of the Board, Daniel Swisher, highlighted Gregory’s extensive knowledge and leadership in the transfusion market as key assets for Cerus' expansion efforts, particularly for the INTERCEPT Blood System and the INTERCEPT Red Blood Cell program. Gregory expressed excitement about joining during a phase of strong growth expectations for Cerus' pathogen inactivation technology, emphasizing his commitment to patient access to safe blood products.
Cerus (Nasdaq: CERS) announced its participation in the 38th International Congress of the International Society of Blood Transfusion (ISBT) in Barcelona, Spain, from June 23 to June 27. The company will host a lunch symposium on June 27, focusing on pathogen inactivation and its benefits for clinical outcomes and randomized studies. Cerus will also present multiple abstracts and posters detailing real-world data on INTERCEPT Platelets and Plasma, Red Blood Cells, and LED Illuminator Programs. Key topics include the safety and efficacy of pathogen-reduced blood products, cold storage of platelet concentrates, and the development of a next-generation illuminator for pathogen inactivation.
Cerus (Nasdaq: CERS) celebrates World Blood Donor Day 2024, highlighting the essential contributions of blood donors worldwide. Established by the World Health Assembly in 2005, this day falls on June 14 each year. The 2024 slogan, '20 years of celebrating giving: thank you blood donors!' acknowledges donors' critical role in ensuring safe blood transfusions globally. Cerus' CEO William 'Obi' Greenman emphasized the importance of donor contributions in maintaining a functional healthcare system. Despite continuous efforts, donor availability remains , particularly in low-income regions. Cerus leverages innovative technology to support donor eligibility and enhance blood availability. To mark the occasion, Cerus hosted a blood drive at its headquarters, promoting community involvement in sustaining blood supplies.
Cerus (Nasdaq: CERS) has announced that its Chief Financial Officer, Kevin Green, will participate in the 21st Annual Craig-Hallum Institutional Investor Conference. The event will take place in Minneapolis on Wednesday, May 29th. This participation is a significant opportunity for Cerus to discuss its financial health and future outlook with key institutional investors.
Cerus (Nasdaq: CERS) reported a 24% increase in product revenue for the first quarter of 2024, reaching $38.4 million. The company also achieved FDA approval for extended shelf life of INTERCEPT Platelet Processing Sets and advanced its LED illuminator program. Cash and cash equivalents were $72.2 million, with a full-year 2024 product revenue guidance range of $172 million to $175 million.
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