Cerus Receives FDA Approval for Use of the INTERCEPT Blood System for Platelets Suspended in 100% Plasma

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FBR Capital Reiterates Outperform on Cerus (CERS) Following FDA Approval

March 16, 2016 10:18 AM EDT

FBR Capital reiterated an Outperform rating and $10.00 price target on Cerus (NASDAQ: CERS) following the FDA's approval of INTERCEPT for the treatment of platelets suspended in 100% plasma.

Analyst Thomas Yip commented, "Earlier this morning, Cerus Corporation announced that the FDA has approved INTERCEPT for the... More