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CytoSorbents Expands Global Footprint with Opening of New Regional Sales Subsidiary in Dubai
GlobeNewswire· 2025-01-06 12:00
PRINCETON, N.J., Jan. 06, 2025 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification, today announced the opening of a new regional sales subsidiary in Dubai, United Arab Emirates (UAE). The new subsidiary provides a gateway into the Middle East and Africa - regions with increasing demand for advanced medical technologies and high-quality therapies in critical care and card ...
CytoSorbents(CTSO) - 2024 Q4 - Annual Results
2025-01-03 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): January 3, 2025 Securities registered pursuant to Section 12(b) of the Act: CYTOSORBENTS CORPORATION (Exact name of registrant as specified in its charter) Delaware 001-36792 98-0373793 (Commission File Number) (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation) 3 ...
CytoSorbents Reports Preliminary Unaudited Fourth Quarter and Full-Year 2024 Product Revenue
GlobeNewswire· 2025-01-03 12:00
Fourth quarter product revenue growth estimated at 22% to 25% year-over-year Fourth quarter gross margin estimated to improve to approximately 70% Management will host in-person investor meetings in San Francisco during J.P. Morgan Healthcare Conference week PRINCETON, N.J., Jan. 03, 2025 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification, today announced preliminary, se ...
CytoSorbents Rights Offering Begins
Newsfilter· 2024-12-23 12:00
PRINCETON, N.J., Dec. 23, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ:CTSO) announces the commencement of its Rights Offering, previously detailed in our December 9, 2024 announcement press release. Stockholders and certain Warrantholders of record on December 16, 2024 are now being distributed a dividend of one non-transferable Subscription Right Warrant ("Subscription Right") for each share of common stock owned on the record date. Each Subscription Right, when exercised before the expiratio ...
CytoSorbents And Converge Biotech Announce Strategic Partnership to Expand Sepsis and Critical Care Treatment with CytoSorb in India
GlobeNewswire News Room· 2024-11-11 12:30
PRINCETON, N.J. and HYDERABAD, India, Nov. 11, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit (ICU) and during cardiac surgery through blood purification, and Converge Biotech, a prominent healthcare company with a strong critical care and infectious disease focus in India, are pleased to announce a new strategic collaboration where the two companies seek to expand their combined market reach in the sepsis ...
CytoSorbents(CTSO) - 2024 Q3 - Earnings Call Transcript
2024-11-09 18:20
Cytosorbents Corporation (NASDAQ:CTSO) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Adanna Alexander - IR Phillip Chan - CEO & Director Peter Mariani - CFO Conference Call Participants Tom Kerr - Zacks Small-Cap Research Operator Thank you for standing by. My name is Catherine, and I will be your conference operator today. At this time, I would like to welcome everyone to the CytoSorbents' Corporation Third Quarter 2024 Earnings Call. [Operator Instructions]. I would now ...
CytoSorbents(CTSO) - 2024 Q3 - Quarterly Report
2024-11-07 21:33
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36792 CYTOSORBENTS CORPORATION (Exact name of registrant as specified in its charter) Delaware 98-0373793 (State or other jurisdiction of (I.R.S. Empl ...
CytoSorbents(CTSO) - 2024 Q3 - Quarterly Results
2024-11-07 21:10
Exhibit 99.1 EvtoSorbents WORKING TO SAVE LIVES CytoSorbents Reports Third Quarter 2024 Financial and Operational Results PRINCETON, N.J., November 7, 2024 — CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification, today reported unaudited financial and operating results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Results · Product revenue of $8.6 million, 11% gr ...
CytoSorbents(CTSO) - 2024 Q2 - Quarterly Results
2024-10-01 12:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 ¨ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): October 1, 2024 CYTOSORBENTS CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) Delaware 001-36792 98-0373793 305 College Road East Princeton, New Jersey 08540 (Address ...
CytoSorbents(CTSO) - 2024 Q2 - Earnings Call Transcript
2024-08-14 02:31
Cytosorbents Corporation (NASDAQ:CTSO) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Eric Ribner - IR Phillip Chan - CEO Kathleen Bloch - CFO Vincent Capponi - President & COO Makis Deliargyris - Chief Medical Officer Peter Mariani - CFO Conference Call Participants Michael Sarcone - Jefferies Yuan Zhi - B. Riley Securities Tom Kerr - Zacks Investment Research Sean Lee - H.C. Wainwright Operator Ladies and gentlemen, good afternoon, and welcome to the CytoSorbents Second Q ...