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ssmmss

07/31/20 8:10 AM

#24202 RE: fantomphan #24201

CytoSorbents nabs new U.S. gov contract for new blood filter

Jul. 31, 2020 7:35 AMCytosorbents Corporation (CTSO)By: Douglas W. House, SA News Editor
A medical research unit of the U.S. Department of Defense has awarded a contract valued at ~$4.4M to CytoSorbents (NASDAQ:CTSO) to support the completion of preclinical development of its HemoDefend-BGA plasma and whole blood absorber, designed to enable "universal plasma" and to improve the safety of whole blood transfusions via the removal of anti-A and anti-B antibodies from the blood.

Pete42

07/31/20 8:10 AM

#24203 RE: fantomphan #24201

I think the spike is related to this:

https://seekingalpha.com/news/3598328-cytosorbents-nabs-new-u-s-gov-contract-for-new-blood-filter?source=intbrokers_regular

Let's hope that we get an approval. That could also help spread the word.

Aliberto

07/31/20 8:31 AM

#24204 RE: fantomphan #24201

Hemo Defend contract

Now known news has only been published once in an official press release. This news has already be "inofficial" be published on July,22.

SEC 8-K filing on July,22

The placement of the capital increase, including the exercise of the over-allotment option, has also not yet been published in an official press release (only via SEC filing).