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0.00184769038701636 0.00249687890137345 0.0062421972534333 -0.000624219725343197 -0.00811485642946311 0.00187265917603003 0.00156054931335844 0.00249687890137345
Stock impact report

CytoSorbents' stock jumps on FDA authorization for its device in COVID-19 patients [MarketWatch]

Cytosorbents Corporation (CTSO) 
Last cytosorbents corporation earnings: 11/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cytosorbents.com
Company Research Source: MarketWatch
Shares of CytoSorbents Corp. gained 28.7% in trading on Monday following a Food and Drug Administration announcement late on Friday that grants an emergency use authorization to the company's blood purification system for COVID-19 patients. An EUA is not an FDA approval; however, during the COVID-19 pandemic, this type of authorization allows companies to market their technologies to health care providers as treatments for patients with the novel coronavirus. CytoSorbents' technology, which is used to treat cytokine storms, is approved outside of the U.S., the company said in a news release. The EUA allows the CytoSorb product to be used in some adult patients with COVID-19 infections being treated in intensive care units with respiratory failure. CytoSorbents' stock has soared 118.1% year-to-date; the S&P 500 , in comparison, has dropped 13.6%. Show less Read more
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