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Cytosorbents Corporation creates medical devices called blood purification filters that remove harmful substances from the blood of critically ill patients. Hospitals and intensive care units use these devices when patients have severe infections, sepsis, or other life-threatening conditions. The company makes money by selling both the initial filtration devices and the disposable filters that need regular replacement during treatment.
Cytosorbents operates in the medical device industry, specifically focusing on critical care blood purification. This sector is driven by hospital demand for technologies that can improve outcomes for severely ill patients, particularly those with infections or inflammatory conditions. Companies in this space typically generate revenue through both device sales and recurring consumable purchases.
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