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 develops and supplies blood-safety technologies and pathogen-protected blood components for blood centers and hospitals. Its recurring news centers on the INTERCEPT Blood System for platelets and plasma, the U.S. INTERCEPT Blood System for Cryoprecipitation used to produce INTERCEPT Fibrinogen Complex, and the company’s red blood cell pathogen-reduction program.
Company updates commonly cover product revenue, gross margin trends, revenue guidance, government contract activity, international supply agreements, clinical studies involving pathogen-inactivated platelets, regulatory and pipeline developments, healthcare conference participation, and governance changes. Commercial disclosures often emphasize demand for INTERCEPT Fibrinogen Complex and adoption of pathogen inactivation technologies by blood establishments in the United States, Europe and other markets.
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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