CONCORD, Calif.--(BUSINESS WIRE)--Dec. 30, 2005--Cerus Corporation
(NASDAQ:CERS) announced today the submission of a CE Mark application
for approval to market the INTERCEPT Blood System for plasma in
Europe. The system, which is being jointly developed by Cerus and
Baxter Healthcare Corporation, is designed to reduce the risk of
transfusion-transmitted diseases. It inactivates pathogens such as
HIV, hepatitis B and C viruses, bacteria, and parasites that may be
present in donated plasma intended for transfusion. "We believe in pathogen inactivation and its potential to improve
the safety of the global blood supply," said Claes Glassell, president
and CEO of Cerus Corporation. "This filing is one more step in our
plan to commercialize the INTERCEPT Blood System for all three
components: platelets, plasma, and red blood cells." While donated plasma is generally tested for a limited number of
specific pathogens, testing does not eliminate the risk of viral or
bacterial contamination. The INTERCEPT Blood System for plasma is
being developed to enhance the safety of plasma transfusions by
targeting the nucleic acids of a broad spectrum of viruses, bacteria
and other pathogens. ABOUT THE INTERCEPT BLOOD SYSTEM Cerus Corporation is collaborating with subsidiaries of Baxter
International Inc. on the INTERCEPT Blood System, designed to target
and inactivate blood-borne pathogens, such as HIV and hepatitis B and
C, as well as harmful white blood cells, while leaving intact the
therapeutic properties of donated blood components. Based on Cerus'
Helinx technology, the INTERCEPT Blood System inactivates a broad
array of pathogens and offers the potential to inactivate untested-for
and emerging pathogens before they become a major transfusion risk to
patients. The INTERCEPT Blood System for plasma has been evaluated in
three Phase III clinical trials, and a CE Mark application for
approval in Europe has been submitted. The INTERCEPT Blood System for
platelets is approved for use in the European Union. ABOUT CERUS Cerus Corporation is developing novel products for cancer,
infectious disease and blood safety based on multiple, innovative
technology platforms. The company is building a pipeline of next
generation cancer immunotherapies by combining its proprietary
attenuated Listeria vector platform with promising disease antigens.
These products are designed to stimulate innate and T cell immune
pathways, generating highly potent anti-tumor responses. The company's
KBMA vaccine technology has potential broad applications against
multiple pathogens. Cerus is applying its Helinx technology to develop
the INTERCEPT Blood System, which is designed to enhance the safety of
blood components through pathogen inactivation. The company's strategy
is to leverage the broad potential of its technologies and products
through alliances. Cerus' partners to date include MedImmune and Johns
Hopkins University for cancer immunotherapy, and Baxter International
and BioOne Corporation for the INTERCEPT Blood System. Helinx is a trademark of Cerus Corporation. Baxter and INTERCEPT are trademarks of Baxter International, Inc. Statements in this news release regarding potential efficacy and
safety of products, product development and commercial potential are
forward-looking statements that involve risks and uncertainties.
Actual results could differ materially from the above forward-looking
statements as a result of certain factors, including the risks and
uncertainties inherent in developing biotechnology products based on
new technologies, the timing and results of clinical trials and other
development activities, market acceptance of Cerus Corporation's
products, actions by regulatory authorities at any stage of the
development process, the availability of governmental or third party
reimbursement for the use of Cerus Corporation's products, the size of
the market for the company's products, competitive conditions,
manufacturing capabilities, and other factors discussed in the
company's Form 10Q for the third quarter of fiscal 2005, as well as in
other reports filed with the Securities and Exchange Commission. The
company assumes no obligation to update any forward-looking
statements.
CONTACT: Cerus Corporation
Ruey-Li Hwang, 925-288-6017
SOURCE: Cerus Corporation
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