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CytoSorbents(CTSO) - 2024 Q1 - Quarterly Results
2024-05-09 21:23
· Product Sales up a robust 14% over prior year, and a significant 22% sequentially · Enhanced profitability with gross margins that surged an absolute 8% to reach 76%, reflecting stronger operational ef iciencies · STAR-T data presented at AATS support a favorable benefit-to-risk profile of DrugSorb-ATR in coronary artery bypass graft (CABG) patients · On track for U.S. Food and Drug Administration (FDA) De Novo and Health Canada submissions for DrugSorb®-ATR in Q3 2024 Additionally, we expect to take deli ...
CytoSorbents(CTSO) - 2024 Q1 - Quarterly Report
2024-05-09 20:14
Table of Contents SECURITIES AND EXCHANGE COMMISSION FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-36792 (Exact name of registrant as specified in its charter) Delaware 98-0373793 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) | --- | -- ...
CytoSorbents May 6, 2024 Virtual KOL and Analyst-Investor Day: STAR-T Pivotal Trial Topline Results & Real World Experience with Antithrombotic Drug Removal in Europe
Newsfilter· 2024-05-02 11:00
PRINCETON, N.J., May 02, 2024 (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 via its proprietary polymer adsorption technology, today announced that it will host a virtual Key Opinion Leader and Analyst-Investor Day on Monday, May 6, 2024 from 11:30 AM to 1:30 PM ET. To register, click here. The program will cover the significant challenge of severe perioperative blee ...
STAR-T Pivotal Trial Results to Be Featured as a Late-Breaking Presentation at the 2024 American Association for Thoracic Surgery Annual Meeting
Newsfilter· 2024-04-17 11:00
PRINCETON, N.J., April 17, 2024 (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 via its proprietary polymer adsorption technology, today announced that topline results from its pivotal U.S. and Canadian Safe and Timely Antithrombotic Removal of Ticagrelor (STAR-T) randomized controlled trial will be featured as a late-breaking clinical trial presentation at the 104th A ...
CytoSorbents(CTSO) - 2023 Q4 - Earnings Call Transcript
2024-03-15 02:24
CytoSorbents Corporation (NASDAQ:CTSO) Q4 2023 Earnings Conference Call March 14, 2024 4:30 PM ET Company Participants Eric Ribner - Moderator Phillip P. Chan - Chief Executive Officer Kathleen Bloch - Chief Financial Officer Efthymios N. Deliargyris - Chief Medical Officer Christian Steiner - Executive Vice President of Sales and Marketing Conference Call Participants Yuan Zhi - B. Riley Thomas Kerr - Zacks Investment Research Operator Good afternoon, and welcome to the CytoSorbents’ Fourth Quarter and Ful ...
CytoSorbents Reports Fourth Quarter and Full Year 2023 Results
Newsfilter· 2024-03-14 20:39
STAR-T trial results selected for a Breakout Presentation at the American Association of Thoracic Surgery Annual Meeting in late-April 2024 CytoSorbents intends to submit DrugSorb-ATR for regulatory approval to U.S. Food & Drug Administration (FDA) and Health Canada this year CytoSorb core sales increased approximately 10% year-over-year   2023 Product gross margins increased to 72%   Cumulative CytoSorb treatments surpassed 228,000 PRINCETON, N.J., March 14, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporatio ...
CytoSorbents(CTSO) - 2023 Q4 - Annual Results
2024-03-14 16:00
Exhibit 99.1 CytoSorbents Reports Fourth Quarter and Full Year 2023 Results PRINCETON, N.J., March 14, 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 via its proprietary polymer adsorption technology, today reported financial and operating results for the quarter and year ended December 31, 2023 and provides its 2024 outlook. Full Year 2023 Financial Results · STAR-T trial result ...
CytoSorbents(CTSO) - 2023 Q4 - Annual Report
2024-03-14 16:00
We believe that there are no compliance issues associated with applicable environmental laws and regulations that would have a material adverse effect on us or our business. We incur waste removal costs in connection with both our solid and liquid wastes which are byproducts of our manufacturing process. We utilize the services of various qualified contractors to dispose of these waste products. These waste removal costs amounted to approximately $470,000 for the year ended December 31, 2023. As of March 7, ...
CytoSorbents to Present at the TD Cowen 44th Annual Health Care Conference
Newsfilter· 2024-02-08 12:00
PRINCETON, N.J., Feb. 08, 2024 (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, announces that Dr. Phillip Chan, Chief Executive Officer, will present at the TD Cowen 44th Annual Health Care Conference at the Boston Marriott Copley Place, in Boston, MA on Wednesday, March 6th, 2024. Company management will also meet in-person with investors in 1x1 meetings during the c ...
CytoSorbents(CTSO) - 2023 Q3 - Earnings Call Transcript
2023-11-10 03:06
Cytosorbents Corporation (NASDAQ:CTSO) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Taylor Devlin - Moderator Phil Chan - CEO Kathleen Bloch - CFO Vincent Capponi - President and COO Irina Kulinets - SVP, Global Regulatory Affairs Efthymios Deliargyris - Chief Medical Officer Conference Call Participants Yuan Zhi - B. Riley Tom Kerr - Zacks Investment Research Sean Lee - H.C. Wainwright Josh Jennings - TD Cowen Operator Good afternoon, and welcome to CytoSorbents third q ...