Cerus (CERS) Corporation announced it has been awarded an additional $7.2M contract amendment by the U.S. Department of Defense Industrial Base Analysis and Sustainment program for the development of lyophilized INTERCEPT Fibrinogen Complex, or IFC, to treat bleeding due to trauma. The additional funding will support CRYO-FIRST, a randomized study comparing the use of pre-thawed IFC to conventional cryoprecipitated antihemophilic factor in trauma-associated hemorrhagic shock patients. This is additive to the approximately $18M currently provided under Cerus’ contract with the DoD.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CERS:
