Long Island Capital Alliance Announces Participants for Health Care Capital Forum
The Long Island Capital Alliance ("LICA"), the leading non-profit capital formation and business development organization serving regional companies, today announced the presenting companies and panelists for its Health Care Capital Forum to be held on March 8, 2013. The capital forum will be held in collaboration with The Center for Advanced Sensor Technologies at Stony Brook University.
CytoSorbents Corporation: CytoSorbents Corporation ( OTCQB : CTSO ) is a critical care focused company using blood purification to treat life-threatening illnesses and to control excessive, potentially deadly inflammation that could otherwise cause the failure of vital organs.
Wow Factor: CytoSorbents has been awarded contracts from both DARPA and the US Army, and continues to invest significantly in its research and development pipeline. One of its most advanced products under development is HemoDefend, a blood purification technology platform for the blood transfusion industry intended to reduce transfusion reactions and improve the safety of "old" blood by removing many substances, such as antibodies, free hemoglobin and inflammatory mediators that can cause potentially serious and sometimes fatal transfusion reactions.