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Cytosorbents Stock Price, News & Analysis

CTSO NASDAQ

Company Description

CytoSorbents Corporation (NASDAQ: CTSO) operates in the surgical and medical instrument manufacturing industry, with a focus on the treatment of life-threatening conditions in the intensive care unit (ICU) and cardiac surgery through blood purification. According to the company’s own descriptions in multiple press releases, CytoSorbents has developed proprietary blood purification technologies based on biocompatible, highly porous polymer beads that can actively remove toxic substances from blood and other bodily fluids by pore capture and surface adsorption. These technologies are used together with standard blood pumps already found in hospitals, such as dialysis systems, continuous renal replacement therapy (CRRT), extracorporeal membrane oxygenation (ECMO), and heart-lung machines.

Core technology and treatment focus

The company’s cartridges, filled with its polymer beads, are designed so that blood is circulated outside the body, passed through the cartridge where targeted substances are removed, and then returned to the patient. CytoSorbents states that its technologies are used in a number of broad clinical applications. Two important uses highlighted across its communications are: (1) the removal of blood thinners during and after cardiothoracic surgery to reduce the risk of severe perioperative bleeding, and (2) the removal of inflammatory agents and toxins in critical illnesses that can lead to massive inflammation, organ failure, and death.

The range of critical illnesses cited by the company includes sepsis and septic shock, burn injury, trauma, lung injury and acute respiratory distress, liver failure, cytokine storm and cytokine release syndrome, pancreatitis, accumulation of liver toxins in acute liver dysfunction or failure, and the presence of myoglobin in severe rhabdomyolysis that can otherwise lead to renal failure. In these conditions, CytoSorbents emphasizes that mortality risk can be extremely high and that available effective treatments are limited, which underpins the clinical rationale for its blood purification approach.

Lead product: CytoSorb®

CytoSorbents’ lead product is CytoSorb®, described as an extracorporeal cytokine adsorber and blood purification cartridge. The company reports that CytoSorb is approved in the European Union and distributed in over 70 countries worldwide, with cumulative use reaching nearly or more than 300,000 devices according to recent press releases. CytoSorb was originally launched in the European Union under the CE mark as the first cytokine adsorber. Over time, additional CE mark extensions were granted for:

  • Removal of bilirubin in clinical conditions such as liver disease
  • Removal of myoglobin in trauma and related conditions
  • Removal of certain antithrombotic drugs, specifically ticagrelor and rivaroxaban, in cardiothoracic surgery procedures

The company also notes that CytoSorb has received FDA Emergency Use Authorization (EUA) in the United States for use in adult critically ill COVID‑19 patients with impending or confirmed respiratory failure to reduce inflammatory cytokines. At the same time, CytoSorb states that the CytoSorb device is not yet approved or cleared in the United States outside this emergency authorization.

DrugSorb™-ATR and regulatory pathway

In the United States and Canada, CytoSorbents is developing the DrugSorb™-ATR antithrombotic removal system, described as an investigational device based on a polymer technology equivalent to CytoSorb. The stated goal of DrugSorb‑ATR is to reduce the severity of perioperative bleeding in high‑risk surgery due to blood thinning drugs. Company communications highlight two FDA Breakthrough Device Designations for DrugSorb‑ATR:

  • One designation for the removal of ticagrelor
  • Another for the removal of the direct oral anticoagulants (DOACs) apixaban and rivaroxaban in a cardiopulmonary bypass circuit during urgent cardiothoracic surgery

CytoSorbents reports that it is actively pursuing regulatory approval of DrugSorb‑ATR with the U.S. Food and Drug Administration and plans to pursue regulatory approval with Health Canada after gaining better visibility from the FDA process. The company has disclosed that an initial De Novo application in the U.S. received a denial, with the FDA citing the need for additional information to support the desired label indication. Subsequent press releases and SEC filings describe an appeal process, FDA feedback that raised no safety concerns about the device, and a plan to submit a new De Novo application incorporating additional real‑world data from patients on ticagrelor undergoing urgent coronary artery bypass graft (CABG) surgery. CytoSorbents has also mentioned a De Novo pre‑submission package, planned pre‑submission meetings with the FDA, and an anticipated regulatory decision timeline, while emphasizing that DrugSorb‑ATR is not yet granted or approved in either the U.S. or Canada.

Clinical applications and evidence base

Across its news releases, CytoSorbents repeatedly highlights the breadth of clinical settings in which its blood purification technologies are used or studied. In cardiac surgery, the company focuses on intraoperative removal of antithrombotic drugs to reduce severe bleeding risk in patients on agents such as ticagrelor and certain DOACs who require urgent cardiothoracic procedures. It cites randomized controlled trial data and real‑world analyses presented at major cardiothoracic surgery meetings, including studies on intraoperative removal of DOACs with DrugSorb‑ATR and the impact of combining dual antiplatelet therapy with intraoperative CytoSorb use on perioperative bleeding in CABG patients.

In critical care, CytoSorbents emphasizes the role of CytoSorb therapy in managing sepsis and septic shock, lung injury, liver failure, and other severe inflammatory conditions. Company communications reference hundreds of peer‑reviewed publications, real‑world data, and global clinical experience, including webinars and educational events focused on early and intensive use of CytoSorb in septic shock. The company describes mechanisms such as controlling uncontrolled inflammation, stabilizing organ function, promoting reversal of capillary leak, and enabling fluid removal, all framed as part of its explanation of how blood purification may contribute to patient management in these settings.

Product portfolio and intellectual property

Beyond CytoSorb and DrugSorb‑ATR, CytoSorbents lists a range of marketed products and products under development based on its blood purification technology. Names disclosed in its public communications include:

  • ECOS‑300CY®
  • CytoSorb‑XL™
  • HemoDefend‑RBC™
  • HemoDefend‑BGA™
  • VetResQ®
  • K+ontrol™
  • DrugSorb™ and DrugSorb®-ATR
  • ContrastSorb

The company notes that these technologies are protected by many issued U.S. and international patents and registered trademarks, with multiple patent applications pending. This intellectual property position is presented as supporting the uniqueness of its polymer bead‑based blood purification platform.

Geographic and commercial footprint

CytoSorbents is described as being based in Princeton, New Jersey, and its common stock trades on the Nasdaq Capital Market under the symbol CTSO, as confirmed in its Form 8‑K filings. The company reports that CytoSorb is distributed in more than 70 countries worldwide, with significant usage in critical care and cardiac surgery environments. Earlier descriptions also note that revenue has historically come from product sales, including in Germany, and from grant agencies in the United States, and that the company utilizes both direct sales and distributor or strategic partner channels in markets such as the United States, Germany, and other countries.

Industry context and role

Within the broader manufacturing sector, CytoSorbents fits into surgical and medical instrument manufacturing, with a specialized focus on extracorporeal blood purification devices. Its public communications consistently position the company as working on life‑threatening conditions where mortality is high and existing therapies are limited, particularly in sepsis, septic shock, acute liver dysfunction, severe trauma, and high‑risk cardiac surgery patients exposed to blood thinners. By emphasizing both ICU and operating room applications, the company highlights a cross‑disciplinary role at the intersection of critical care, nephrology, cardiothoracic surgery, and perfusion technologies.

Regulatory and disclosure framework

CytoSorbents files periodic and current reports with the U.S. Securities and Exchange Commission. Recent Form 8‑K filings reference press releases on quarterly financial results, regulatory updates for DrugSorb‑ATR, and interactions with the FDA and Health Canada. These filings also confirm that the company’s common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and listed on the Nasdaq Capital Market under the CTSO ticker. The company uses these regulatory disclosures to communicate material events such as regulatory decisions, appeal processes, and credit agreement amendments.

Investment and research considerations

For investors and analysts researching CTSO stock, the key themes emerging from CytoSorbents’ own disclosures include: its focus on blood purification technologies for high‑mortality critical care and cardiac surgery indications; the commercial rollout and clinical adoption of CytoSorb in Europe and other regions; the ongoing regulatory pathway for DrugSorb‑ATR in the U.S. and Canada; and the accumulation of clinical and real‑world evidence supporting its devices. As with any medical device manufacturer, regulatory outcomes, clinical data, and market adoption are central factors in understanding the company’s long‑term prospects.

Frequently asked questions (FAQ)

  • What does CytoSorbents Corporation do?
    CytoSorbents develops and manufactures blood purification technologies used in the intensive care unit and cardiac surgery. Its polymer bead‑based cartridges are designed to remove toxic substances, inflammatory mediators, and certain drugs from blood and other bodily fluids when used with standard extracorporeal circulation systems.
  • What is CytoSorb®?
    CytoSorb is the company’s lead product, an extracorporeal cytokine adsorber and blood purification cartridge. It is approved in the European Union and distributed in over 70 countries, with CE mark indications that include cytokine removal and additional extensions for bilirubin, myoglobin, and certain antithrombotic drugs in specified clinical settings.
  • Is CytoSorb approved in the United States?
    CytoSorb has received FDA Emergency Use Authorization in the United States for use in adult critically ill COVID‑19 patients with impending or confirmed respiratory failure to reduce inflammatory cytokines. The company states that CytoSorb is not yet approved or cleared in the United States outside this emergency authorization.
  • What is DrugSorb™-ATR?
    DrugSorb‑ATR is an investigational antithrombotic removal system under development by CytoSorbents in the U.S. and Canada. Based on a polymer technology equivalent to CytoSorb, it is intended to reduce the severity of perioperative bleeding in high‑risk surgery due to blood thinning drugs, including ticagrelor and certain direct oral anticoagulants.
  • Has DrugSorb™-ATR received any special FDA designations?
    Yes. CytoSorbents reports that DrugSorb‑ATR has received two FDA Breakthrough Device Designations: one for the removal of ticagrelor and another for the removal of the direct oral anticoagulants apixaban and rivaroxaban in a cardiopulmonary bypass circuit during urgent cardiothoracic surgery.
  • Is DrugSorb™-ATR approved for use?
    No. The company states that DrugSorb‑ATR is not yet granted or approved in either the United States or Canada. CytoSorbents is pursuing a De Novo regulatory pathway with the U.S. FDA and plans to seek marketing authorization in Canada after gaining further clarity from the U.S. process.
  • Which medical conditions are targeted by CytoSorbents’ technologies?
    According to its public communications, CytoSorbents targets life‑threatening conditions such as sepsis and septic shock, burn injury, trauma, lung injury, liver failure, cytokine storm and cytokine release syndrome, pancreatitis, acute liver dysfunction with toxin accumulation, severe rhabdomyolysis with myoglobin release, and perioperative bleeding risks in cardiothoracic surgery patients on blood thinners.
  • How are CytoSorbents’ devices used in the hospital setting?
    The company explains that its cartridges are integrated into existing extracorporeal circulation systems, including dialysis, CRRT, ECMO, and heart‑lung machines. Blood is circulated outside the body through the cartridge, where targeted substances are adsorbed onto the polymer beads, and then returned to the patient.
  • Where is CytoSorbents Corporation based and where is its stock listed?
    CytoSorbents identifies itself as being located in Princeton, New Jersey. Its common stock is listed on the Nasdaq Capital Market under the ticker symbol CTSO, as confirmed in recent Form 8‑K filings.
  • What other products does CytoSorbents mention besides CytoSorb and DrugSorb‑ATR?
    The company lists additional marketed products and products under development based on its blood purification platform, including ECOS‑300CY, CytoSorb‑XL, HemoDefend‑RBC, HemoDefend‑BGA, VetResQ, K+ontrol, DrugSorb, and ContrastSorb, among others, supported by a portfolio of issued patents and pending applications.

Stock Performance

$0.6150
-11.61%
0.08
Last updated: March 25, 2026 at 17:14
-32.45%
Performance 1 year
$42.3M

Cytosorbents (CTSO) stock last traded at $0.7250, down 11.61% from the previous close. Over the past 12 months, the stock has lost 32.5%. At a market capitalization of $42.3M, CTSO is classified as a micro-cap stock with approximately 62.8M shares outstanding.

SEC Filings

Cytosorbents has filed 5 recent SEC filings, including 3 Form 8-K, 1 Form 4, 1 Form SCHEDULE 13G/A. The most recent filing was submitted on March 25, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all CTSO SEC filings →

Financial Highlights

$35.6M
Revenue (TTM)
-$20.7M
Net Income (TTM)
-$14.4M
Operating Cash Flow

Cytosorbents generated $35.6M in revenue over the trailing twelve months, retaining a 70.6% gross margin, operating income reached -$16.8M (-47.2% operating margin), and net income was -$20.7M, reflecting a -58.2% net profit margin. Diluted earnings per share stood at $-0.38. The company generated -$14.4M in operating cash flow. With a current ratio of 2.20, the balance sheet reflects a strong liquidity position.

Upcoming Events

MAR
25
March 25, 2026 Earnings

Q4 & FY2025 results webcast

Live webcast with Q&A at 4:30 PM ET; join ~10 mins early; archived recording on Investor Relations
MAY
01
May 1, 2026 - August 31, 2026 Regulatory

Regulatory decision anticipated

Anticipated FDA De Novo decision by mid-2026
MAY
01
May 1, 2026 - August 31, 2026 Regulatory

FDA regulatory decision

Expected regulatory decision mid-2026 on DrugSorb-ATR De Novo.
MAY
01
May 1, 2026 - August 31, 2026 Financial

Conditional financing payment

Additional $2.5M and extension contingent on FDA approval (per credit amendment).
MAY
01
May 1, 2026 - August 31, 2026 Regulatory

FDA decision window

FDA decision expected for DrugSorb-ATR in mid-2026 (May–Aug window)
MAY
01
May 1, 2026 - August 31, 2026 Regulatory

DrugSorb-ATR FDA decision

Anticipated FDA decision on DrugSorb-ATR De Novo submission

Cytosorbents has 6 upcoming scheduled events. The next event, "Q4 & FY2025 results webcast", is scheduled for March 25, 2026 (today). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the CTSO stock price.

Short Interest History

Last 12 Months

Short interest in Cytosorbents (CTSO) currently stands at 2.0 million shares, up 2.5% from the previous reporting period, representing 3.8% of the float. Over the past 12 months, short interest has increased by 16.7%. This relatively low short interest suggests limited bearish sentiment. With 25.8 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.

Days to Cover History

Last 12 Months

Days to cover for Cytosorbents (CTSO) currently stands at 25.8 days, down 10.6% from the previous period. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The ratio has shown significant volatility over the period, ranging from 2.9 to 28.9 days.

CTSO Company Profile & Sector Positioning

Cytosorbents (CTSO) operates in the Medical Devices industry within the broader Surgical & Medical Instruments & Apparatus sector and is listed on the NASDAQ.

Investors comparing CTSO often look at related companies in the same sector, including WORK Medical Technology Group LTD (WOK), Elutia Inc. (ELUT), Tela Bio, Inc. (TELA), Sensus Healthcare Inc (SRTS), and Spectral AI Inc. (MDAI). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate CTSO's relative position within its industry.

Frequently Asked Questions

What is the current stock price of Cytosorbents (CTSO)?

The current stock price of Cytosorbents (CTSO) is $0.725 as of March 24, 2026.

What is the market cap of Cytosorbents (CTSO)?

The market cap of Cytosorbents (CTSO) is approximately 42.3M. Learn more about what market capitalization means .

What is the revenue (TTM) of Cytosorbents (CTSO) stock?

The trailing twelve months (TTM) revenue of Cytosorbents (CTSO) is $35.6M.

What is the net income of Cytosorbents (CTSO)?

The trailing twelve months (TTM) net income of Cytosorbents (CTSO) is -$20.7M.

What is the earnings per share (EPS) of Cytosorbents (CTSO)?

The diluted earnings per share (EPS) of Cytosorbents (CTSO) is $-0.38 on a trailing twelve months (TTM) basis. Learn more about EPS .

What is the operating cash flow of Cytosorbents (CTSO)?

The operating cash flow of Cytosorbents (CTSO) is -$14.4M. Learn about cash flow.

What is the profit margin of Cytosorbents (CTSO)?

The net profit margin of Cytosorbents (CTSO) is -58.2%. Learn about profit margins.

What is the operating margin of Cytosorbents (CTSO)?

The operating profit margin of Cytosorbents (CTSO) is -47.2%. Learn about operating margins.

What is the gross margin of Cytosorbents (CTSO)?

The gross profit margin of Cytosorbents (CTSO) is 70.6%. Learn about gross margins.

What is the current ratio of Cytosorbents (CTSO)?

The current ratio of Cytosorbents (CTSO) is 2.20, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Cytosorbents (CTSO)?

The gross profit of Cytosorbents (CTSO) is $25.1M on a trailing twelve months (TTM) basis.

What is the operating income of Cytosorbents (CTSO)?

The operating income of Cytosorbents (CTSO) is -$16.8M. Learn about operating income.