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Cerus Corporation  (NASDAQ: CERS)
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Price: $1.4300 $-0.06 -4.027%
Day's High: $1.48 Week Perf: -6.54 %
Day's Low: $ 1.40 30 Day Perf: -12.27 %
Volume (M): 1,271 52 Wk High: $ 2.54
Volume (M$): $ 1,817 52 Wk Avg: $1.83
Open: $1.47 52 Wk Low: $1.38



 Market Capitalization (Millions $) 272
 Shares Outstanding (Millions) 190
 Employees 288
 Revenues (TTM) (Millions $) 180
 Net Income (TTM) (Millions $) -21
 Cash Flow (TTM) (Millions $) 8
 Capital Exp. (TTM) (Millions $) 3

Cerus Corporation
Cerus Corporation is a biopharmaceutical company that has been dedicated to providing solutions for the enhancement of blood safety throughout the world since 1991. Their headquarters are located in Concord, California, and the company has additional facilities in France, Germany, and Switzerland.

Cerus Corporation focuses on the development of innovative technologies that can help prevent the transmission of diseases through blood transfusions. Their primary product is the INTERCEPT Blood System, which provides a broad-spectrum solution for the reduction of pathogens present in donated blood. It is a unique and proprietary technology that works by incorporating an FDA-approved chemical compound, known as amotosalen, to inactivate viruses, bacteria, and parasites in blood products.

The INTERCEPT Blood System targets the transfusion needs of individual patients by customizing blood components to meet their specific needs. This technology can also reduce the risk of transfusion-transmitted infections, such as dengue, Zika, chikungunya, and malaria. As such, it is becoming increasingly adopted in countries around the world, especially those with a high risk of disease transmission through transfusions.

Cerus Corporation's products and technologies have been approved by several regulatory authorities, including the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA). The company collaborates with several Worldwide Health Organisations, blood centers, and hospitals around the world. The INTERCEPT Blood System is used by over 150 centers in 30 countries, with over 5 million INTERCEPT-treated platelet and plasma units in circulation.

The company's management team comprises experts with vast experience in the health sector, which includes the commercialization of innovative blood products, and the successful registration of new pharmaceutical and medical device products globally.

Cerus Corporation is committed to continuously providing innovative products and services to meet necessary patient needs. With a commitment to excellence in research, development, and regulatory clinical trial programs, Cerus Corporation is at the forefront of reducing the risk of blood-borne diseases and ensuring patient safety in transfusion therapies.


   Company Address: 1220 Concord Avenue Concord 94520 CA
   Company Phone Number: 288-6000   Stock Exchange / Ticker: NASDAQ CERS


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BLFS        1.76% 
CSL        2.21% 
HAE        0.02% 
POCI   -2.87%    
CHRS   -4.46%    
• View Complete Report
   



Business Update

Transforming Transfusion Medicine Cerus Corporations Global Path to Blood Safety Innovation,

Published Fri, Mar 7 2025 3:14 PM UTC

Pioneering the Future of Blood Safety: Cerus Corporation?s Strategic Moves in the EU and Global Sphere In a significant stride toward revolutionizing blood safety, Cerus Corporation (Nasdaq: CERS) has announced the CE mark approval for its next-generation LED-based illumination device, INT200, under the European Union (EU) Medical Device Regulation (MDR). This advancement po...

Business Update

Embracing the Future of Blood Safety Cerus Corporations Dual Commitment in the U.S. and Europe

Published Wed, Oct 16 2024 8:36 PM UTC

In an increasingly interconnected world, the safety and accessibility of blood transfusions remain paramount. Cerus Corporation, a key player in this field, is making significant strides with its INTERCEPT red blood cell (RBC) programs, catering to both the United States and European markets. Recent announcements from the company underline its commitment to enhancing blood s...

Business Update

Cerus Corporation Shines at the 38th International Congress of the International Society of Blood Transfusion with In...

Published Fri, Jun 21 2024 3:47 PM UTC

CONCORD, Calif. - Cerus Corporation (Nasdaq:CERS), a global leader in blood transfusion safety, has proudly announced their upcoming lunch symposium and selection of abstracts at the highly anticipated 38th International Congress of the International Society of Blood Transfusion (ISBT). This prestigious event is set to take place in beautiful Barcelona, Spain, from June 23 t...

Business Update

Cerus Corporation Honors Blood Donors on World Blood Donor Day 2024, Highlights Challenges in Ensuring Access to Safe...

Published Fri, Jun 14 2024 2:47 PM UTC

Cerus Corporation Celebrates World Blood Donor Day 2024: Recognizing the Vital Role of Blood Donors and Addressing Challenges in Ensuring Access to Safe Blood TransfusionWorld Blood Donor Day (WBDD) has been celebrated on June 14 every year since 2005, and in 2024, Cerus Corporation (Nasdaq: CERS) joins in the acknowledgment and appreciation of blood donors worldwide. As a g...

Cerus Corporation

Cerus Corporation Shows Positive Earnings and Loss Improvements in Q3 2023, but Revenue Declines Pose Challenges



Cerus Corporation, a prominent player in the Medical Equipment & Supplies sector, recently released its financial results for the July to September 30, 2023, period. The company showcased improvements in both its earnings per share (EPS) and loss per share (LPS), indicating a step in the right direction. However, their revenue figures experienced a significant decline when compared to the previous year's Q3. Let's delve deeper into the financial highlights and put them into context.
EPS and LPS Performance:
The Q3 2023 financial report demonstrated a noteworthy decrease in LPS, where the company reported a loss of $-0.04 per share, compared to $-0.05 in the same period of the previous year. Additionally, EPS improved from $-0.07 to an undisclosed positive amount, showing an encouraging trend for Cerus Corporation.







Cerus's Segments
North America    69.72 % of total Revenue
Europe Middle East and Africa    30.55 % of total Revenue
Other    1.54 % of total Revenue

  Cerus Outlook

On January 13 2025 the Cerus provided following guidance

nnCerus Corporation Issues Preliminary Product Revenue Estimates for Q4 and Full-Year 2024, Along with 2025 Business Outlooknn

Cerus Corporation, a leader in the field of blood safety and pathogen inactivation, has announced its preliminary product revenue for the fourth quarter and the entirety of 2024, along with a forward-looking guidance for 2025. The company projects that its total product revenue for the full year 2024 will reach approximately $180.3 million. This figure notably surpasses the company?s previous guidance, which anticipated revenue in the range of $177 million to $179 million.

In detailing the revenue for 2024, the company has highlighted that included within this total...





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