CytoSorbents Corporation (CTSO)

[andy55q]

From Yahoo MB
caesare74
Excellent remark Jasm5 ! This is in line with a recent telco I had with a director of CTSO. He says that it it is a very combersum job to sell the filter into hospitals. The good news is that the word of mouth is spreading now with an accelerated speed. The filter is becomiing more and more a recogniized product and on a longer range a standard product within the target market. The director understands the impatience of many (short oriented) investors. But products like the CTSO filter will finally hit the target market in large volume. The US market will be added soon. Based on the the success in Europe and also in countries outside of the EU (AUS, NZ, IND, China and Japan soon to be added), there is no doubt, that the FDA approval will come soon or later. Most probabely in the next couple of months; this in addition with a very important partnership. For obvious reasons, the target partnership and the current status of the US application can't be disclosed to the broad community.