StockWatch
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Medical/Dental Instruments
USFDAJun 25, 2026, 09:32 AM

Cytosorbents Schedules FDA Pre-Submission Meetings for DrugSorb-ATR

AI Summary

Cytosorbents Corp announced it has scheduled two pre-submission meetings with the FDA in August 2026 to discuss its ticagrelor and DOAC programs for the DrugSorb-ATR device. The company expects to file a new De Novo submission for ticagrelor removal in late 2026 or early 2027. Financially, Cytosorbents reported Q1 2026 sales of $8.9M, a 2% increase year-over-year, and anticipates achieving operating cash flow breakeven in the second half of 2026.

Key Highlights

  • Scheduled two pre-submission meetings with the FDA in August 2026 for ticagrelor and DOAC programs.
  • DrugSorb-ATR is an investigational device designed to reduce perioperative bleeding in cardiac surgery.
  • New De Novo submission for ticagrelor removal expected late 2026 or early 2027.
  • Q1 2026 sales were $8.9M, representing a 2% increase year-over-year.
  • Trailing 12-month sales reached $37.3M.
  • Anticipating operating cash flow breakeven in the second half of 2026.
  • Ended Q1 2026 with $6.4M in cash, cash equivalents, and restricted cash.