CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (NASDAQ: CERS) today announced that it intends to offer and sell shares of its common stock, subject to market and other conditions, in an underwritten public offering. Cerus also expects to grant the underwriters a 30-day option to purchase additional shares of common stock to cover overallotments, if any. Cerus anticipates using the net proceeds from the offering for continued development activities related to the INTERCEPT Blood System, to fund commercialization efforts for the INTERCEPT Blood System in the United States and elsewhere, and for other general corporate purposes, including regulatory activity, selling, general and administrative expenses and working capital.
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