Cerus Corporation reported unaudited revenue results for the fourth quarter of 2017. For the quarter, the company reported product revenue for the fourth quarter of 2017 was $16.2 million, an increase of 60% compared to fourth quarter of 2016.

For the year 2017, the company expects product revenue to be $43.6 million, representing an increase of 17% compared to prior year product revenue.

Fort the year 2018, the company product revenue to be in the range of $51 million to $53 million, representing 17 to 22% growth.