Cerus Corporation Reports Third Quarter 2011 Results

CONCORD, Calif.--(BUSINESS WIRE)--Cerus Corporation (NASDAQ: CERS) today announced financial results for the third quarter ended September 30, 2011. “As a result of our strong revenues for the first three quarters of 2011, coupled with new INTERCEPT sites coming online, we expect to surpass our revenue growth guidance of 20% for 2011,” said William ‘Obi’ Greenman, president and chief executive officer of Cerus Corporation. “Further, we have been able to achieve this growth while tightly managing our operating expenses and cash burn.”

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