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Cerus Corporation Announces Appointment of Dean Gregory to Board of Directors CONCORD, CA

Key Takeaway: Cerus Corporation has appointed Dean Gregory to its Board of Directors, leveraging his extensive experience in the blood transfusion and cell therapy industry. Gregory previously served as President, Global Commercial Operations at Fresenius Kabi, and has a significant background with major blood product companies. His expertise is anticipated to support Cerus' strategic initiatives, especially in expanding the INTERCEPT Blood System and operational capabilities. This appointment comes at a promising time for Cerus, as they aim for growth in pathogen inactivation technologies.

Market Sentiment Analysis

POSITIVE FACTORS

  • Dean Gregory brings over 30 years of experience in blood transfusion and cell therapy.
  • His leadership is expected to enhance Cerus' focus on its INTERCEPT Blood System.
  • The appointment aligns with growth expectations for Cerus' pathogen inactivation technology.

Full Press Release Details

Cerus Corporation Announces Appointment of Dean Gregory to Board of Directors
CONCORD, CA, July 2, 2024 - Cerus Corporation (Nasdaq: CERS) today announced the appointment of Dean Gregory to its Board of Directors. Mr. Gregory has a 30+-year career as a leader in the global blood transfusion and cell therapy industry, with broad experience across commercialization, product development, supply chain and manufacturing. For the last decade, Mr. Gregory served as President, Global Commercial Operations, Med Tech for Fresenius Kabi, the role from which he retired earlier this year.
We are very pleased to welcome Mr. Gregory to Cerus' Board of Directors, said Daniel Swisher, Chair of the Board. Mr. Gregory brings a wealth of experience and expertise across the global transfusion medicine market, having led the commercial organization of one of the major suppliers for blood centers and hospitals in this space. We believe that his deep and broad knowledge of Cerus' customer base will be instrumental as the Company continues to focus on expanding the reach of the INTERCEPT Blood System in existing and new geographies, as well as advancing the INTERCEPT Red Blood Cell program. Mr. Gregory's history of operational leadership will also be valuable to Cerus' ongoing initiatives to expand manufacturing capacity in line with demand. We look forward to benefiting from the insights Mr. Gregory will provide for the Company.
I am excited to be joining the Board of Directors at Cerus at a time of strong growth expectations for the Company's pathogen inactivation technology, said Mr. Gregory. I have a long-standing connection to Cerus and the INTERCEPT Blood System, and I am thrilled to be able to contribute in this new way. My entire career has been focused on supporting patient access to safe blood products, and I believe strongly in the Company's unique mission and in the Cerus team that has worked so hard over the last two decades to establish this new standard of care for transfusion medicine.
Prior to his role at Fresenius Kabi, Mr. Gregory served as Senior Vice President of Global Commercial Operations at Fenwal Inc., subsequent to its purchase by the Texas Pacific Group from Baxter International. During his time at Fenwal, he was responsible for the global commercial team that delivered the strong revenue growth that ultimately led to Fenwal's acquisition by Fresenius Kabi in 2012. Prior to this, Mr. Gregory had a more than 15-year tenure at Baxter International with increasing roles of responsibility across commercial, business development and strategy functions, primarily in the transfusion medicine and cell therapy space.
Cerus Corporation is dedicated solely to safeguarding the world's blood supply and aims to become the preeminent global blood products company. Headquartered in Concord, California, the company develops and supplies vital technologies and pathogen-protected blood components to blood centers, hospitals, and ultimately patients who rely on safe blood. The INTERCEPT Blood System for platelets and plasma is available globally and remains the only pathogen reduction system with both CE mark and FDA approval for these two blood components. The INTERCEPT red blood cell system is under regulatory review in Europe, and
INTERCEPT and the INTERCEPT Blood System are trademarks of Cerus Corporation.
Jessica Hanover Vice President, Corporate Affairs

Frequently Asked Questions

Who has been appointed to Cerus Corporation's Board of Directors?

Dean Gregory has been appointed to Cerus Corporation's Board of Directors.

What experience does Dean Gregory bring to Cerus Corporation?

Dean Gregory has over 30 years in the blood transfusion and cell therapy industry.

What is the focus of Cerus Corporation's business?

Cerus Corporation focuses on safeguarding the world's blood supply and related technologies.

What is the INTERCEPT Blood System?

The INTERCEPT Blood System is a pathogen reduction system for blood components.

Where is Cerus Corporation headquartered?

Cerus Corporation is headquartered in Concord, California.

Last updated: Jul 2, 2024