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CERS - Cerus Corp.: Remaining Bullish Despite Delayed Compliance Date
Cerus Corporation
Cerus Corp. reported a record year with strong commercial growth and several pipeline wins. The company expects 2021 to be another record year.
The FDA's decided to move the compliance date from April 1st, back to October 1st. Despite the setback, 2021 should be a transformative year for INTERCEPT.
CERS has been under pressure following reports the NIH has terminated a convalescent plasma for COVID-19. I believe this sell-off is unjustified and is a buying opportunity.