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Cerus Receives $7.2 Million Additional DoD Contract To Develop Trauma Bleeding Treatment
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Cerus Receives $7.2 Million Additional DoD Contract To Develop Trauma Bleeding Treatment
Jul 21, 2025 7:30 AM

10:05 AM EDT, 07/21/2025 (MT Newswires) -- Cerus ( CERS ) said Monday it has received an additional $7.2 million contract amendment from the US Department of Defense to support the development of a shelf-stable blood product for trauma patients in harsh military conditions.

The funding, issued through the DoD's Industrial Base Analysis and Sustainment program, will support a randomized study comparing the use of pre-thawed Intercept Fibrinogen Complex with conventional cryoprecipitated antihemophilic factor in patients experiencing hemorrhagic shock, the company said.

This award builds on roughly $18 million currently allocated under Cerus' ( CERS ) ongoing contract with the DoD to develop manufacturing capabilities for lyophilized Intercept Fibrinogen Complex, a room-temperature, pathogen-reduced fibrinogen therapy intended for military settings where refrigeration is not feasible, the company said.

Shares of Cerus ( CERS ) were up 3.5% in recent Monday trading.

Price: 1.41, Change: +0.05, Percent Change: +3.53

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