CONCORD, Calif.--(BUSINESS WIRE)--Dec. 4, 2008--Cerus Corporation (NASDAQ:CERS) announced today that it has obtained
approval for a CE mark label expansion extending the time within which
plasma can be treated with the INTERCEPT Blood System to 20 hours after
collection. The prior approved label claim allowed INTERCEPT treatment
only within 8 hours of blood collection. This new extended treatment
window applies to plasma from single donor apheresis and pooled whole
blood collections.
With this label expansion, blood centers using the INTERCEPT Blood
System will be able to simplify their processing logistics. Whole blood
from mobile donor drives, the source of most donated blood, can be
collected in the afternoon, held overnight, and then processed into
platelet, plasma and red blood cell components the following day. The
expanded time for treatment allows processing of more plasma with
INTERCEPT at lower costs due to improved collection, transportation, and
storage logistics.
"This label change is especially important to blood centers that depend
on mobile blood drives and then have to transport the blood back to
centralized processing facilities," said Laurence Corash, Senior Vice
President and Chief Medical Officer of Cerus. "We believe the increase
in allowed treatment time for production of INTERCEPT-treated plasma
will have very positive implications on donor recruitment, costs,
resource requirements, and ultimately the supply of therapeutic plasma
and other blood components with the added safety of pathogen
inactivation."
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, Russia, the Middle East and selected countries in other regions
around the world. 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.
Forward Looking Statements
This press release contains forward-looking statements, including,
without limitation, statements related to expectations that blood
centers will be able to realize cost and operational benefits. Words
such as "expect" and "believe" and similar expressions are intended to
identify forward-looking statements. These forward-looking statements
are based upon the company's current expectations. Forward-looking
statements involve risks and uncertainties. The company's actual results
and the timing of events could differ materially from those anticipated
in such forward-looking statements as a result of these risks and
uncertainties, which include, without limitation, the risks inherent in
customer adoption of the INTERCEPT Blood System and realization of any
economic or operational benefits derived from such adoption. These and
other risk factors are discussed under "Risk Factors" in the company's
Quarterly Report on Form 10-Q for the quarter ended September 30, 2008.
The company expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein.
CONTACT: Cerus Corporation
William J. Dawson, 925-288-6053
Vice President, Finance & CFO
Source: Cerus Corporation
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