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CERS

Cerus

$5.52

-0.22 (-3.83%)

08:33
10/13/16
10/13
08:33
10/13/16
08:33

Cerus says U.S. blood center customer submits BLA to FDA for Intercept

Cerus Corporation said that The Community Blood Center of Appleton, Wisconsin has submitted the first Biologics License Application to the U.S. FDA requesting allowance for interstate distribution of platelets that have been pathogen-reduced via the INTERCEPT Blood System. The Biologics License Application is a common procedure for blood centers to request permission by FDA to introduce a biologic product into interstate commerce. The FDA has up to 12 months to review each BLA submission. Until a blood center obtains a BLA, they are restricted to distributing INTERCEPT-treated products to hospitals within the state in which they are produced. While some blood centers may distribute primarily in state, many U.S. blood centers have extensive interstate distribution.

CERS Cerus
$5.52

-0.22 (-3.83%)

08/03/16
CANT
08/03/16
NO CHANGE
Target $9
CANT
Buy
Cantor sees Zika headlines as catalyst for Cerus shares
Cantor Fitzgerald analyst Bryan Brokmeier recommends buying shares of Cerus ahead of tomorrow's Q2 earnings report. The analyst believes the growing awareness and fear of Zika, especially during the Olympics, which start on August 5, may drive shares of companies that are involved in combating Zika higher. He reminds investors that Cerus offers the only FDA approved pathogen inactivation technology and was recently included in the agency's guidance document for reducing the risk of transfusion-transmission of Zika. The greatest opportunity for Cerus is on the Gulf Coast, which provides $29.7M and $26.2M of revenue opportunities for platelet and plasma, respectively, Brokmeier tells investors in an intraday research note. He keeps a Buy rating on the shares with a $9 price target.
08/05/16
CANT
08/05/16
NO CHANGE
CANT
Cerus should be bought after results, says Cantor
Cantor analyst Bryan Brokmeier recommends buying Cerus stock after the company reported Q2 results that he calls "solid." The analyst says that the company's regulatory program for red cells is on track. He keeps a $9 price target and Buy rating on the shares.
08/26/16
CANT
08/26/16
NO CHANGE
Target $9
CANT
Buy
Cantor says buy Cerus following FDA industry guidance
Cantor analyst Bryan Brokmeier says investors should buy shares of Cerus following the FDA's revised industry guidance recommending all blood centers across the U.S. implement either blood testing for the Zika Virus or FDA approved pathogen-reduction technology, of which the company has the only available technology. Further, the analyst believes this is a "big step" toward accelerated adoption of Cerus' INTERCEPT platform. Brokmeier reiterates a Buy rating and $9 price target on the shares.
08/29/16
CANT
08/29/16
NO CHANGE
CANT
Cerus should be bought at current levels, says Cantor
Cantor analyst Bryan Brokmeier recommends that investors buy Cerus' stock after the FDA recommended that all U.S. blodd centers implement either blood testing for the Zika Virus or FDA-approved pathogen-reduction technology. The analyst says that Cerus is the sole provider of the latter technology. He keeps a $9 price target and Buy rating on the shares.

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TSS

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FB

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IDA

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DCIX

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SEV

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CB

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AAPL

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