CytoSorbents Secures $20 Million Credit Facility

Ms. Kathleen Bloch, Chief Financial Officer of CytoSorbents stated, "We are pleased to enter into this relationship with Avenue Capital Group to strengthen our financial position, expand our working capital, and to enable us to confidently pursue our regulatory and commercialization objectives. We believe the planned marketing applications of DrugSorb-ATR to U.S. FDA and Health Canada this summer and the prospects of opening an estimated total addressable market in the U.S. and Canada in excess of $0.5 bill ...