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Cerus Corporation Announces Expansion of BARDA Funding to Support Development of INTERCEPT Blood System for Red Blood Cells

PUBLIC · CERSApr 20, 2020

Round Type

Funding Round

ConcordManufacturingBiotechnologyHealth Care

Description

Cerus Corporation (Nasdaq:CERS) today announced an amendment to the Company’s contract with the Biomedical Advanced Research and Development Authority (BARDA). The amendment provides an additional $14 million in available funding, increasing the total potential value of the contract to $214 million.

Quick answer

Cerus raised an undisclosed amount in a Funding Round round, dated April 20, 2020. Cerus is based in Concord, Massachusetts, United States.

How much did Cerus raise?
Cerus raised an undisclosed amount in a Funding Round round on April 20, 2020.
What does Cerus do?
Cerus Corporation is dedicated solely to safeguarding the world’s blood supply and aims to become the preeminent global blood products company.
Where is Cerus based and how big is it?
Cerus is based in Concord, Massachusetts, United States. Fundz records about 620 employees.
Who are the decision-makers at Cerus?
Fundz holds 1 contact at Cerus, including the Research Staff. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

Companies in the same sectors as Cerus that raised within 45 days of this round, from Fundz verified event records.

  • Cerenome, Inc. raised $300K (Seed) on May 22, 2020.
  • Novabay raised $1K on May 22, 2020.
  • AseptiScope, Inc. raised $4.2M (Seed) on May 20, 2020.
  • Shape Memory Medical raised $5.8M on May 18, 2020.
  • Helus Pharma raised $477K on May 5, 2020.
  • Novabay raised an undisclosed amount on May 1, 2020.

Who to call at Cerus, and when

A new round usually means Cerus is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Cerus

Location

Concord, Massachusetts, United States

About

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. The INTERCEPT red blood cell system is under regulatory review in Europe, and in late-stage clinical development in the US. Also in the US, the INTERCEPT Blood System for Cryoprecipitation is approved for the production of INTERCEPT Fibrinogen Complex, a therapeutic product for the treatment and control of bleeding, including massive hemorrhage, associated with fibrinogen deficiency. For more information about Cerus, visit www.cerus.com and follow us on LinkedIn. INTERCEPT and the INTERCEPT Blood System are trademarks of Cerus Corporation.

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Related People

1 contact
Verified contactsChris M., Research Staff hidden hidden hiddenSee plans and pricing
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Cerus raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.