CONCORD, Calif.--(BUSINESS WIRE)--June 11, 2008--Cerus Corporation
(NASDAQ:CERS) announced today that a subsidiary of the Company has
entered into an agreement to supply the INTERCEPT Blood System for
platelets to the largest group of blood centers of the German Red
Cross (DRK), including the Frankfurt region. The three-year agreement
calls for the DRK Baden-Wurttemberg - Hessen to implement the
INTERCEPT platelet system upon its receipt of marketing authorization
from the Paul Ehrlich Institute for INTERCEPT-treated platelets, the
successful outcome of a hemovigilence study it will conduct, and
acceptance by its customers of the INTERCEPT-treated platelet
products. The Paul Ehrlich Institute has previously granted a similar
marketing authorization to another German blood center. "We are pleased that the DRK Baden-Wurttemberg - Hessen has
elected to take a leadership role in improving blood safety through
the implementation of the INTERCEPT Blood System," said Claes
Glassell, president and CEO of Cerus Corporation. "Given its
prominence of the Frankfurt region's DRK in the blood banking
community, the agreement is a significant step in commercializing the
INTERCEPT Blood System in Germany and the rest of Europe." The DRK Baden-Wurttemberg - Hessen is the largest independent
group of blood centers in Europe, collecting and processing
approximately 25% of the blood supply in Germany. As a leading
reference center for transfusion medicine globally, the DRK
Baden-Wurttemberg - Hessen actively collaborates with transfusion
medicine professionals from within Germany and around the world in
pursuit of best practices in blood banking. To date more than 150,000
INTERCEPT platelet system kits have been shipped to treat platelet
components to be administered to thrombocytopenic patients in routine
clinical use. ABOUT CERUS Cerus Corporation is a biomedical products company focused on
commercializing the INTERCEPT Blood System to enhance blood safety.
The INTERCEPT Blood System is designed to inactivate blood-borne
pathogens in donated blood components intended for transfusion. Cerus
currently markets the INTERCEPT Blood System for both platelets and
plasma in Europe and the Middle East. The company is also pursuing
regulatory approvals in the United States and other countries. The
INTERCEPT red blood cell system is currently in clinical development. INTERCEPT and the INTERCEPT Blood System are trademarks of Cerus
Corporation. This press release contains forward-looking statements. Any
statements contained in this press release that are not statements of
historical fact may be deemed to be forward-looking statements,
including, without limitation, statements relating to future
performance under the agreement, marketing authorization by the Paul
Ehrlich Institute, the conduct and outcome of any hemovigilence study,
customer acceptance of INTERCEPT-treated platelets and the
implementation of the INTERCEPT Blood System by DRK Baden-Wurttemberg
- Hessen. Actual results could differ materially from these
forward-looking statements as a result of certain factors, including,
without limitation, risks associated with the commercialization and
market acceptance of the INTERCEPT Blood System, as well as other
risks detailed in the company's filings with the Securities and
Exchange Commission, including the company's Annual Report on Form
10-K for the fiscal year ended December 31, 2007, and the quarterly
report of Form 10-Q for the quarter ended March 31, 2008. No pathogen
inactivation system has been shown to inactivate all pathogens. You
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. The
company does not undertake any obligation to update any
forward-looking statements as a result of new information, future
events, changed assumptions or otherwise.
CONTACT: Cerus Corporation
William J. Dawson, Vice President, Finance & CFO
925-288-6053
or
Porter Novelli Life Sciences
Jason I. Spark, 619-849-6005
SOURCE: Cerus Corporation
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