Cerus Corporation announces workshop and abstracts at the 2026 AABB Annual Meeting. CONCORD, Calif.-(BUSINESS WIRE)-Cerus Corporation (Nasdaq: CERS) announced today that it will host an industry workshop on the implementation and real-world experience with INTERCEPT Platelets and INTERCEPT Fibrinogen Complex, or IFC*, at the 2026 Association for the Advancement of Blood and Biotherapies (AABB) Annual Meeting, taking place in Atlanta, Georgia from October 17 through October 19. The AABB Annual Meeting attracts healthcare professionals, scientists, and other experts from around the globe involved in transfusion medicine and biotherapies. "We are pleased to highlight IFC at the 2026 AABB Annual Meeting, including an industry workshop focused on real-world experiences," said Vivek Jayaraman, Cerus' president and chief executive officer. "The meeting provides an important opportunity to share scientific data and engage with the transfusion medicine community." The following is a select list of Cerus-related presentations and abstracts. All presentation times are listed in Eastern Time (ET). Cerus-Sponsored Industry Workshop at AABB * Sunday, October 18, 2026 - 1:00 p.m. - 2:00 p.m. ET. From Implementation to Impact: Real-World Experiences with INTERCEPT Platelets and IFC at Grady Health System (Speakers: James Sikora, MD, MPH, medical director, transfusion services, Grady Health System; Yonique Keane-Dawes, technical specialist, MLS (ASCP), Grady Health System; Lerene Archer, technical specialist, MLS (AMT), Grady Health System) A replay of the presentation will be available on Cerus' products website approximately one to two weeks following the event at https://intercept-usa.com/. Oral Presentations * Session: New Insights Into Infectious Disease Detection & Elimination In Blood Donations, Saturday, October 17, 2026, 9:30 a.m. - 10:30 a.m. Bacterial Contamination of Platelets with Large Volume Delayed Sample (LVDS) Culture or Amotosalen/UVA Pathogen Reduction (PR) (Speaker: R. Benjamin) * Session: Advancing Safety & Quality in the Transfusion Service, Monday, October 19, 8:15 a.m. - 9:15 a.m. Prospective Comparison of Pathogen-Reduced and Conventional Cryoprecipitate in Liver Transplantation (Speaker: S. Racine-Brzostek) Poster Presentations On display Sunday, October 18, and Monday, October 19, 2026 * Assessment of Process Performance and Product Quality When Applying a Novel Illumination Device for Pathogen Reduction of Platelets (Poster # P-BC-6) * In Vitro Evaluation of Trima Platelets in 100% Plasma Prepared with Pathogen Reduction using an LED Illuminator (Poster # P-BC-55) * In Vitro Evaluation of Amicus Platelets in 65% PAS Prepared with Pathogen Reduction with LED Illuminator (Poster # P-BC-54) * In Vivo Recovery and Survival Apheresis Platelets in 100% Plasma Treated with Pathogen Reduction with LED Illuminator (Poster # P-BC-87) * INT200 LED Illuminator for Photochemical Inactivation of Bacteria in Platelet Concentrates (Poster # P-TS-53) * Development of the INT200 Illuminator for Photochemical Inactivation of Viruses and Parasites in Platelet Concentrates (Poster # P-TS-26) * A Time/Motion Study to Assess Irradiated and Pathogen Reduced Platelet Component Inventory Management and Workflow at a Large Academic Medical Center in the Mid-South U.S. (Poster # P-TS-5) * Two decades of amotosalen/UVA platelet and plasma hemovigilance in Europe (Poster # P-TS-97) * Operational Experience With Amotosalen/UVA Pathogen Reduction for On-Demand Apheresis Platelets in Morelos, Mexico (Poster # P-IV-5) The full program of Cerus-related abstracts can be found at the following link: https://intercept-usa.com/2026-abstract-book/ Cerus representatives will be in the exhibition area at booth #915. *Pathogen Reduced Cryoprecipitated Fibrinogen Complex, commonly referred to as INTERCEPT Fibrinogen Complex, or IFC. ABOUT CERUS Cerus Corporation is dedicated solely to safeguarding the world's blood supply and aims to become the preeminent global blood products company. Headquartered in Concord, California, the company develops and supplies vital technologies and pathogen-protected blood components to blood centers, hospitals, and ultimately patients who rely on safe blood. The INTERCEPT Blood System for platelets and plasma is available globally and remains the only pathogen reduction system with both CE mark and FDA approval for these two blood components. In the U.S., the INTERCEPT Blood System for Cryoprecipitation is approved for the production of Pathogen Reduced Cryoprecipitated Fibrinogen Complex (commonly referred to as INTERCEPT Fibrinogen Complex), a therapeutic product for the treatment and control of bleeding, including massive hemorrhage, associated with fibrinogen deficiency. The INTERCEPT red blood cell system is under regulatory review in Europe, and in late-stage clinical development in the U.S. For more information about Cerus, visit www.cerus.com and follow Business Wire, Inc. on LinkedIn. Cerus, INTERCEPT, and the Cerus logo are trademarks of Cerus Corporation. Contacts. Tim Lee - Head of Investor Relations Cerus Corporation [email protected] 925-288-6128

Cerus Q2 earnings call highlights. July 30, 2026 Key points. * Cerus reported solid growth, with second-quarter product revenue up 10% year over year to $57.4 million and first-half revenue rising 16% to $111.1 million. The company raised the low end of its 2026 product revenue outlook to $229 million-$231 million and increased IFC revenue guidance to $23 million-$25 million. * IFC demand accelerated, with U.S. revenue and volume up about 20% in the quarter; Cerus expects nearly all IFC sales to shift to higher-margin kit form by 2027. Adjusted EBITDA remained positive at $3 million, while refinancing is expected to reduce annual interest expense by up to $3.5 million. * The company advanced its pipeline and international expansion, submitting INT200 platelet-device materials to the FDA and remaining on track for Phase III red-blood-cell trial results in the fourth quarter. FDA approval for INT200 could come as early as the first half of 2027. * Five stocks to consider instead of Cerus. Cerus NASDAQ: CERS reported second-quarter product revenue growth of 10% year over year and raised the low end of its 2026 product revenue outlook, citing demand for its INTERCEPT blood-safety products in North America and overseas. Product revenue totaled $57.4 million for the quarter ended June 30, compared with growth measured against the prior-year period, which included $800,000 of previously deferred INTERCEPT fibrinogen complex, or IFC, revenue. First-half product revenue rose 16% to $111.1 million from $95.7 million a year earlier. "We continue to experience growing demand for our products and have confidence in our ability to continue driving sustained double-digit growth," Chief Financial Officer Kevin Green said during the company's earnings call. Updated 2026 outlook. Cerus raised its 2026 product revenue guidance to $229 million to $231 million, compared with its prior range of $227 million to $231 million. The revised outlook represents expected product revenue growth of 11% to 12% from 2025. The company also increased its full-year IFC revenue guidance to $23 million to $25 million, from $22 million to $24 million previously. That range implies approximately 40% to 50% growth for the product, according to Green. Second-quarter North American product revenue increased 9% year over year, while EMEA revenue rose 10%, with growth across multiple countries. Favorable currency exchange rates contributed approximately 2% to reported EMEA growth, Green said. President and Chief Executive Officer Vivek Jayaraman said North American sales accounted for roughly two-thirds of quarterly product revenue. He added that INTERCEPT for platelets is the standard of care in the U.S. and Canada, with U.S. market penetration estimated at about two-thirds. Jayaraman pointed to Cerus' agreement with Blood Centers of America, which took effect at the start of 2026, as a contributor to growth. BCA member centers account for more than half of U.S. blood product distributions, he said, and the company has expanded education efforts among members that have led to new platelet and IFC customers. IFC adoption and product mix. U.S. IFC revenue and volume demand both rose about 20% to $6.7 million in the second quarter, from $5.6 million a year earlier. Excluding the $800,000 of deferred revenue recognized in the second quarter of 2025, IFC revenue would have increased about 40%, while demand would have risen 43%, Green said. About 70% of IFC sales shipped during the quarter were in kit form. Cerus is shifting the business from a mix of biologics and kits toward kits and expects essentially all IFC sales to be in kit form by 2027. Green said the shift is expected to benefit gross margins because finished biologics have a lower margin profile despite a higher selling price. Discover more Company News Stock Market Holidays EV Market Report Jayaraman said Cerus estimates IFC holds about 10% of the nationwide market. The company sees continued opportunity in its five-day post-thaw shelf life and immediate availability for use in critical bleeding situations. He cited an analysis presented by Vanderbilt University Medical Center's Dr. Jonathan Tucci at a recent obstetric anesthesia meeting. According to Jayaraman, the analysis found thawed IFC reduced the time to first transfusion by 68% compared with Cryo AHF and by 18% compared with fibrinogen concentrate in postpartum hemorrhage treatment. Margins, earnings and refinancing. Second-quarter product gross margin was 51.4%, down from 55.2% a year earlier. Green attributed the decline to a stronger euro relative to the U.S. dollar and inflationary pressures. Cerus continues to expect 2026 gross margins in the low-50% range, though it may see relief near year-end if those external factors become less significant. GAAP net loss attributable to Cerus narrowed to $2.9 million from $5.7 million in the prior-year quarter. Non-GAAP adjusted EBITDA was positive $3 million, marking the company's ninth consecutive quarter of positive adjusted EBITDA. Cerus expects its third consecutive year of positive adjusted EBITDA in 2026. Cash used in operations was $2.7 million, primarily reflecting higher inventory levels to support anticipated growth. The company also completed a debt refinancing that included a $30 million reduction in its term-loan balance, funded by $20 million from its balance sheet and $10 million from a lower-cost revolving credit facility. Green said the refinancing lowered the interest spread, expanded borrowing-base flexibility and is expected to reduce annual interest expense by up to $3.5 million. Pipeline and international expansion. Cerus submitted a premarket approval application to the U.S. Food and Drug Administration for its INT200 illumination device for platelets. Jayaraman said the company could receive approval as early as the first half of 2027, subject to the FDA review process. The company remains on track to report top-line results from its Phase III RedeS trial for INTERCEPT red blood cells in the fourth quarter. Cerus also expanded its 2024 BARDA contract, increasing its potential value by nearly $22 million to more than $270 million to support U.S. PMA-related activities for the red blood cell program. In Europe, Cerus signed a multiyear agreement with the French Blood Establishment in April. Jayaraman said the contract includes deployment of the INT200 device over the next several years. The company also recently completed a notified-body recertification audit with zero non-conformities, supporting its CE and MDSAP certifications. Jayaraman said Cerus sees Asia-Pacific as a significant longer-term opportunity, though its regional market penetration remains below 1%. The company has customer relationships in Hong Kong and Thailand and is working with its Chinese joint-venture partner to gather in-vitro data supporting a resubmission to China's National Medical Products Administration. About Cerus (NASDAQ:CERS). Cerus Corporation is a biomedical products company dedicated to enhancing the safety of blood transfusions worldwide. Its flagship offering, the INTERCEPT Blood System, employs pathogen reduction technology designed to inactivate a broad spectrum of viruses, bacteria, and parasites in donated platelets and plasma. This approach aims to mitigate the risk of transfusion-transmitted infections and improve blood component safety for patients. The INTERCEPT platform integrates seamlessly into existing blood center workflows, providing a one-step treatment process for collected blood products. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Cerus, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cerus wasn't on the list. While Cerus currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

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