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Cytosorbents Corp (CTSO.OQ)

CTSO.OQ on NASDAQ Stock Exchange Capital Market

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20 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Cytosorbents Sees Q4 2017 Revenue About $4.6 Million
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Cytosorbents Corp ::CYTOSORBENTS PRE-ANNOUNCES PRELIMINARY FOURTH QUARTER AND FULL YEAR 2017 RESULTS AND ISSUES STOCKHOLDER LETTER.SEES Q4 2017 REVENUE ABOUT $4.6 MILLION.SEES FY 2017 REVENUE $15 MILLION.- WITH NEW TAX LAW, AND WITH SUBSTANTIAL FEDERAL NET OPERATING LOSSES "WE WILL NOT PAY FEDERAL INCOME TAX FOR A LONG TIME".  Full Article

U.S. FDA Approves Cytosorbents' Refresh 2 IDE Application With Conditions
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Cytosorbents Corp ::CYTOSORBENTS ACHIEVES KEY MILESTONE WITH FDA APPROVAL OF THE U.S. REFRESH 2 PIVOTAL CARDIAC SURGERY TRIAL IDE APPLICATION.U.S. FDA GRANTED APPROVAL OF REFRESH 2 INVESTIGATIONAL DEVICE EXEMPTION APPLICATION, WITH CONDITIONS.CONDITIONS RELATE TO REQUESTED CLARIFICATIONS, CHANGES TO PATIENT CONSENT FORM & INSTRUCTIONS FOR USE DOCUMENT.  Full Article

Cytosorbents posts Q3 revenue of $3.8 mln
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Cytosorbents Corp :Cytosorbents continues strong trajectory of growth in the third quarter 2017.Total Q3 2017 revenues increased 59% to $3.8 million​.  Full Article

CytoSorbents signs deal with Armaghan Salamat Kish Group to distribute CytoSorb in Iran
Friday, 23 Sep 2016 

CytoSorbents Corp :Has signed an exclusive distribution agreement with Armaghan Salamat Kish Group to distribute CytoSorb in Iran.  Full Article

Cytosorbents achieves fourth consecutive quarter of record Cytosorb sales
Tuesday, 9 Aug 2016 

Cytosorbents Corp : Cytosorbents achieves fourth consecutive quarter of record Cytosorb® sales . Qtrly loss per share $0.12 .Product sales for Q2 2016 were $1.9 million, an increase of approximately 140% over Q2 2015.  Full Article

Cytosorbents teams with Medial and Meditrade to bring CytoSorb to Hungary, Czech Republic, Slovakia, and Poland
Wednesday, 13 Jul 2016 

Cytosorbents Corp :Cytosorbents teams with medial and meditrade to bring Cytosorb to Hungary, Czech Republic, Slovakia, and Poland.  Full Article

CytoSorbents says independent monitoring board recommends continuation of REFRESH I trial
Friday, 27 May 2016 

CytoSorbents Corp : Independent data safety monitoring board recommends continuation of CytoSorbents REFRESH I trial . Independent data safety monitoring board found no safety concerns, recommended continuation of REFRESH I trial without changes .Plans to submit an investigational device exemption application later this year to initiate a pivotal, registration REFRESH 2 trial.  Full Article

Cytosorbents says total revenue for Q1 was $1.8 million
Monday, 9 May 2016 

Cytosorbents Corp : Says total revenue for Q1 of 2016 was $1.8 million, which includes both product sales and grant revenue .Says product gross margin for Q1 2016 was approximately 62% compared to approximately 59% for Q1 2015.  Full Article

BRIEF-Cytosorbents Expands Its Partnership With Biocon To Launch Cytosorb In Malaysia

* CYTOSORBENTS EXPANDS ITS PARTNERSHIP WITH BIOCON TO LAUNCH CYTOSORB® IN MALAYSIA