Cerus Corporation (CERS) Q1 2019 Earnings Call Transcript

In This Article:

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Logo of jester cap with thought bubble.

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Cerus Corporation (NASDAQ: CERS)
Q1 2019 Earnings Call
May. 7, 2019, 4:30 p.m. ET

Contents:

  • Prepared Remarks

  • Questions and Answers

  • Call Participants

Prepared Remarks:

Operator

Good day ladies and gentlemen, and welcome to the Cerus Corporation First Quarter 2019 Earnings Conference Call. At this time all participants are in listen-only mode. Later we will conduct the question-and-answer session and instructions will be given at that time. (Operator Instructions) As a reminder, this conference call may be recorded.

I would now like to introduce your host for today's conference Mr. Tim Lee, Investor Relations Director. Sir you may begin.

Tim Lee -- Investor Relations Director

Thank you operator, and good afternoon everyone. I'd like to thank everyone for joining us today. With me on the call are Obi Greenman, Cerus' President and Chief Executive Officer; Dr. Richard Benjamin, our Chief Medical Officer; Kevin Green, Cerus' Chief Financial Officer; Vivek Jayaraman, our Chief Commercial Officer and Carol Moore, our Senior Vice President of Regulatory Affairs and Quality.

Cerus issued a press release today announcing our financial results for the first quarter ended March 31, 2019 and also describing the company's recent business highlights. You can access a copy of this announcement on the company website at www.cerus.com.

I'd like to remind you that some of the statements we'll make on this call relate to future events and performance rather than historical facts and are forward-looking statements. Examples of forward-looking statements include those related to our future financial and operating results including our 2019 financial guidance and goals and operating expenses and gross margin, commercial development efforts, future growth and growth strategy, future product sales, product launches, ongoing and future clinical trials, ongoing and future product development, and our regulatory activities as well as timing of these events and activities.

These forward-looking statements involve risk and uncertainties that can cause actual events, performance and results to differ materially. They are identified and described in today's press release and under Risk Factors in our Form 10-K for the year ended December 31, 2018 and our Form 10-Q for the quarter ended March 31, 2019 which we will file shortly. We undertake no duty or obligation to update our forward-looking statements.

On today's call, we'll begin with opening remarks from Obi, followed by Carol, who will provide an update on our red cell development program. Kevin will then review our financial results and finally Obi will conclude with closing remarks.