Phillip Chan Buys Shares of Cytosorbents Corporation $CTSO
Key Points
- Phillip Chan bought 10,333 shares of Cytosorbents Corporation ($CTSO) worth $4,443.19.
- $CTSO last traded around $0.43.
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Phillip Chan, Chief Executive Officer at Cytosorbents Corporation ($CTSO), bought 10,333 shares at an average price of $0.43, for a total transaction of $4,443.19. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Cytosorbents Corporation Stock Up 28.7%
Shares of Cytosorbents Corporation ($CTSO) traded around $0.43 on Tuesday, up 28.7% for the day.
Cytosorbents Corporation Earnings
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About Cytosorbents Corporation
Cytosorbents Corporation engages in the research, development, and commercialization of medical devices with its blood purification technology platform in the United States, Germany, and internationally. Its flagship product, CytoSorb, is an extracorporeal blood purification cartridge to reduce cytokine storms in common critical illnesses, bilirubin in liver failure, myoglobin in trauma and critical illnesses, and inflammatory mediators and blood thinners in cardiac surgery applications, as well as to remove antithrombotic drugs and inflammatory mediators in cardiothoracic surgery applications. The company also develops DrugSorb-ATR antithrombotic removal system, an investigational device to reduce the severity of perioperative bleeding in high-risk surgery due to blood thinning drugs; ECOS-300CY to reduce cytokines and other inflammatory mediators when used in an ex vivo organ perfusion system; VetResQ, a broad-spectrum blood purification adsorber for the treatment of septic shock, toxic shock syndrome, toxin-mediated diseases, pancreatitis, trauma, liver failure, heat stroke, and lung injury in animals; and PuriFi, an advanced hemoperfusion pump for blood purification therapies. In addition, it develops HemoDefend-BGA, a blood purification technology platform to reduce anti-A and anti-B antibodies in plasma and whole blood. The company was formerly known as MedaSorb Technologies Corporation and changed its name to Cytosorbents Corporation in May 2010. Cytosorbents Corporation was founded in 1997 and is headquartered in Princeton, New Jersey.
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