CONCORD, Calif., Apr 06, 2009 (BUSINESS WIRE) -- Cerus Corporation (NASDAQ:CERS) announced today that it has received CE
mark approval for a new configuration of its INTERCEPT Blood System,
allowing a single treatment procedure to produce two pathogen
inactivated platelet units for transfusion. Use of the new double-dose
platelet set will significantly decrease blood center cost and labor
associated with production of INTERCEPT platelets.
"Cerus is committed to offering an inactivation treatment that is not
only highly effective against pathogens, but also cost-effective and
user-friendly for blood centers," said Claes Glassell, president and CEO
of Cerus Corporation. "We believe that INTERCEPT pathogen inactivation
is already an affordable solution for improved blood safety. The further
cost-savings resulting from the double-dose platelet processing set will
make INTERCEPT an even more attractive choice compared to alternative
blood safety technologies such as bacterial detection."
The double-dose platelet processing set facilitates economical treatment
and storage of double-dose platelet collections, which are estimated to
account for approximately half of European apheresis platelet
collections, and for the majority (60 - 100%) of apheresis collections
in key markets such as Germany, UK, Ireland, Switzerland and the United
States. Double-dose procedures help blood centers maximize yield from
their donor pools and reduce their operating costs by collecting the
equivalent of two platelet doses during a single donation. The new
platelet set can also be used to treat double-dose units prepared from
whole blood-derived platelet pools.
Bacterial contamination of platelets is the most frequent
transfusion-transmitted infection, with an estimated contamination rate
of approximately one in 2000 platelet units. Platelet recipients often
receive multiple transfusions, potentially increasing a patient's risk
of receiving contaminated platelets to one in several hundred. Though
other blood components may also harbor bacteria, platelets carry special
risk due to room-temperature storage that allows bacteria to multiply in
the interval between collection and transfusion. The INTERCEPT Blood
System inactivates high levels of Gram-positive and Gram-negative
bacteria, as well as providing protection against a broad range of other
transfusion-transmitted pathogens and also white blood cells.
ABOUT THE INTERCEPT BLOOD SYSTEM The INTERCEPT Blood System is designed to reduce the risk of
transfusion-transmitted diseases by inactivating a broad range of known
and emerging pathogens, including viruses, bacteria and parasites, as
well as harmful white blood cells that may be present in donated blood
intended for transfusion. The system inactivates pathogens using a
proprietary illumination device, process and active compound. The
INTERCEPT Blood System is designed for easy integration with routine
blood center operations, and treated platelets are approved for storage
up to seven days according to local guidelines. The INTERCEPT Blood
System has received CE mark approvals for both the platelet and plasma
systems, and may replace gamma irradiation for protection against
transfusion-associated graft-vs.-host disease. The INTERCEPT Blood
System has customers in 18 countries.
ABOUT CERUS Cerus Corporation is a biomedical products company focused on
commercializing the INTERCEPT Blood System to enhance blood safety.
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 regarding the costs savings
benefit of double-dose platelet sets and market acceptance of the
Company's product.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 of Form 10-K for the fiscal year ended December 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.
SOURCE: Cerus Corporation
Cerus Corporation William J. Dawson, 925-288-6053 Vice President, Finance & CFO
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