CytoSorbents Corporation is a critical care focused therapeutic device company using blood purification to treat life-threatening illnesses. The Company's purification technology is based on biocompatible, highly porous polymer beads that can actively remove toxic substances from blood and other bodily fluids by pore capture and surface adsorption. Each polymer bead contains millions of pores and channels that can be modified to remove substances as small as drugs, to substances as large as antibodies.
TypePublic
HQSouth Brunswick Township, US
Founded2002
Size (employees)65 (est)
Websitecytosorbents.com
Cytosorbents was founded in 2002 and is headquartered in South Brunswick Township, US
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Key People/Management at Cytosorbents

Phillip Chan

Phillip Chan

Chief Executive Officer and President
Kathleen Bloch

Kathleen Bloch

CFO
Vincent Capponi

Vincent Capponi

COO
Robert Bartlett

Robert Bartlett

Chief Medical Officer
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Cytosorbents Office Locations

Cytosorbents has an office in South Brunswick Township
South Brunswick Township, US (HQ)
k 7 Deerpark Dr
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Cytosorbents Financials and Metrics

Cytosorbents Revenue

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Cytosorbents's revenue was reported to be $15.15 m in FY, 2017 which is a 59% increase from the previous period.
USD

Revenue (FY, 2017)

15.2m

Revenue growth (FY, 2016 - FY, 2017), %

59%

Gross profit (FY, 2017)

9.6m

Gross profit margin (FY, 2017), %

63.6%

Net income (FY, 2017)

(8.5m)

EBIT (FY, 2017)

(9.8m)

Market capitalization (17-Jan-2019)

241.2m

Closing stock price (17-Jan-2019)

7.6

Cash (31-Dec-2017)

17.3m

EV

233.9m
Cytosorbents's current market capitalization is $241.2 m.
USDFY, 2015FY, 2016FY, 2017

Revenue

4.8m9.5m15.2m

Revenue growth, %

99%59%

Cost of goods sold

2.2m4.0m5.5m

Gross profit

2.6m5.6m9.6m
USDFY, 2015FY, 2016FY, 2017

Cash

5.3m5.2m17.3m

Accounts Receivable

648.9k1.4m2.2m

Prepaid Expenses

511.9k315.8k416.0k

Inventories

1.2m834.0k795.7k
USDFY, 2015FY, 2016FY, 2017

Net Income

(8.1m)(11.8m)(8.5m)

Depreciation and Amortization

113.0k161.6k218.3k

Inventories

(671.3k)340.4k57.3k

Accounts Payable

(83.2k)2.1m523.4k
USDY, 2017

EV/EBIT

-23.8 x

EV/CFO

-36.2 x

Revenue/Employee

233.1k

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.3 x

P/E Ratio

(23.8)
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Cytosorbents Online and Social Media Presence

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Cytosorbents News and Updates

CytoSorbents Issues Stockholder Letter with Preliminary 2018 Financial Results

MONMOUTH JUNCTION, N.J., Jan. 7, 2019 /PRNewswire/ -- CytoSorbents Corporation (NASDAQ: CTSO), a critical care immunotherapy leader commercializing its CytoSorb® blood purification technology to treat deadly inflammation in critically-ill and cardiac surgery patients around the world,...
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Cytosorbents Blogs

CytoSorbents To Highlight Progress at Biotech Showcase 2019

MONMOUTH JUNCTION, N.J., Jan. 4, 2019 /PRNewswire/ — CytoSorbents Corporation (CTSO), a critical care immunotherapy leader commercializing its flagship CytoSorb® blood filter to treat deadly inflammation in critically-ill and cardiac surgery patients around the world,  announced that its Chief Execu…

CytoSorbents to Present at the 30th Annual Piper Jaffray Healthcare Conference

MONMOUTH JUNCTION, N.J., Nov. 26, 2018 /PRNewswire/ — CytoSorbents Corporation (NASDAQ: CTSO), a critical care immunotherapy leader commercializing its CytoSorb® blood purification technology to treat deadly inflammation in critically-ill and cardiac surgery patients around the world, announced that…

CytoSorbents Recognized Again as One of the Fastest Growing Companies in North America on Deloitte’s 2018 Technology Fast 500™

Strong international demand for the Company’s CytoSorb blood purification technology to control deadly inflammation drives 267% revenue growth over the past three years MONMOUTH JUNCTION, N.J., Nov. 19, 2018 /PRNewswire/ — CytoSorbents Corporation (NASDAQ: CTSO), a critical care immunotherapy leader…

CytoSorbents to Present at the Cantor Fitzgerald Global Healthcare Conference

MONMOUTH JUNCTION, N.J., Oct. 3, 2018 /PRNewswire/ — CytoSorbents Corporation (NASDAQ: CTSO), a critical care immunotherapy leader using its CytoSorb® blood purification technology to treat deadly inflammation in critically-ill and cardiac surgery patients around the world, announced that its Chief …

CytoSorbents to Present at the B. Riley FBR Healthcare Conference and the H.C. Wainwright 20th Annual Global Investment Conference

MONMOUTH JUNCTION, N.J., Aug. 28, 2018 /PRNewswire/ — CytoSorbents Corporation (NASDAQ: CTSO), a critical care immunotherapy leader using its CytoSorb® blood purification technology to treat deadly inflammation in critically-ill and cardiac surgery patients around the world, announced that its Chief…

CytoSorbents Awarded up to $3M in SBIR Phase IIB Bridge Funding by NIH/NHLBI to Accelerate U.S. Approval and Commercialization of the HemoDefend™ Blood Transfusion Filter

MONMOUTH JUNCTION, N.J., Aug. 21, 2018 /PRNewswire/ — CytoSorbents Corporation (Nasdaq: CTSO) a critical care immunotherapy leader specializing in blood purification, announced today that the National Heart, Lung, and Blood Institute (NHLBI), a division of the National Institutes of Health (NIH), ha…
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Cytosorbents Company Life and Culture

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Cytosorbents Frequently Asked Questions

  • When was Cytosorbents founded?

    Cytosorbents was founded in 2002.

  • Who are Cytosorbents key executives?

    Cytosorbents's key executives are Phillip Chan, Kathleen Bloch and Vincent Capponi.

  • How many employees does Cytosorbents have?

    Cytosorbents has 65 employees.

  • What is Cytosorbents revenue?

    Latest Cytosorbents annual revenue is $15.2 m.

  • What is Cytosorbents revenue per employee?

    Latest Cytosorbents revenue per employee is $233.1 k.

  • Who are Cytosorbents competitors?

    Competitors of Cytosorbents include Liberator Medical Supply, Apollo Medical Holdings and Repro Med Systems.

  • Where is Cytosorbents headquarters?

    Cytosorbents headquarters is located at k 7 Deerpark Dr, South Brunswick Township.

  • Where are Cytosorbents offices?

    Cytosorbents has an office in South Brunswick Township.

  • How many offices does Cytosorbents have?

    Cytosorbents has 1 office.