CytoSorbents Corporation (NASDAQ: CTSO) was featured in a recent Institutional Research Report published by Dawson James Securities Inc. The report reads, “The company reported Q4 Revenues of $7.4M, $6.6M in cartridges vs. $5.7M in the prior qtr. Slow but steady growth, however we see the potential for revenues to rise with new indications. In fact, we believe CytoSorb sales have just scratched the surface of what’s possible. We are raising our price target from $15.00 to $17.00 per share.”
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About CytoSorbents Corporation
CytoSorbents Corporation is a leader in critical care immunotherapy, specializing in blood purification. Its flagship product, CytoSorb® is approved in the European Union with distribution in 58 countries around the world, as an extracorporeal cytokine adsorber designed to reduce the “cytokine storm” or “cytokine release syndrome” that could otherwise cause massive inflammation, organ failure and death in common critical illnesses. These are conditions where the risk of death is extremely high, yet no effective treatments exist. CytoSorb® has been used in more than 80,000 human treatments to date. For more information, please visit the Company’s websites at www.cytosorbents.com and www.cytosorb.com
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