CytoSorbents Inc. (CTSO), 7 Deer Park Drive, Suite K, Monmouth Junction 08852. 732-329-8885. Phillip Chan, CEO. www.cytosorbents.com.
CytoSorbents is a medical device company that makes blood machines that treat deadly inflammation in critically ill patients. It is based in Monmouth Junction, but its products cannot be found in any hospitals in the United States because while its CytoSorb machine has been used in Europe, as well as countries that accept European Union approved-devices, for years, it has not been approved by the FDA.
CytoSorbents is working on changing that, however, and its efforts at U.S. approval took a step forward when the FDA approved a trial amendment that will broaden the range of allowable subjects in the company’s REFRESH 2 trial that is currently being prepared.
In this trial doctors at 25 sites throughout the country will test the CytoSorb blood purification machine during heart surgery. The CytoSorb machine is meant to counteract the production of inflammation-promoting hormones called “cytokines,” which often occurs during surgery. This inflammation can damage organs or even kill patients, and CytoSorb is meant to counteract it.
Bank of Princeton Marks One Year on NASDAQ
The Bank of Princeton (BPRN), 194 Nassau Street, Princeton 08542. 609-921-3311. Kris Muse, senior vice president. www.thebankofprinceton.com.
The Bank of Princeton rang in its first year on the NASDAQ by sounding the closing bell of the stock exchange. The community bank was listed on the exchange in August, 2017, after a planned buyout by Investors Bancorp was terminated. Since then its shares have been up and down. The stock was $32.50 in August, 2017, and is now $32.90.
Founded in 2007, the Bank of Princeton now has 13 locations and $1.2 billion in assets.
Medina Community Clinic/The Arc Mercer, 3131 Princeton Pike, Building 5, Suite 109, Lawrenceville 08648. 609-270-5067. Arshe Ahmed, executive director. www.medinahealthcare.org.
The Arc Mercer, an organization that supports children with special needs, is subletting two offices from the Medina Community Clinic for a satellite office. The Medina Community Clinic provides medical services for residents who do not have health insurance.
Bernstein & Manahan LLC, 3131 Princeton Pike, Building 4, Suite 206, Lawrenceville 08648. 609-895-9001. Edward M. Bernstein Esq., managing member.
The law firm has moved from 3120 to 3131 Princeton Pike.
DKSH Luxury & Lifestyle North America Inc., 9 Princess Road, Suite D, Lawrenceville 08648. 609-375-2293. Hartmut Kraft, U.S. distributor. www.mauricelacroix.com.
The luxury retailer has opened an office on Princess Road. It was formerly located in Carnegie Center.
NEC Unified Solutions, 11 Princess Road, Suite L, Lawrenceville 08648. 609-671-5900. Peter Langley, regional sales manager. www.necunifiedsolutions.com.
The voice, data, and video services company has moved suites at 11 Princess Road.
Tradesmen International, 9 Princess Road, Suite L, Lawrenceville 08648. 609-323-3891. Steven Kane, general manager. www.tradesmeninternational.com.
The staffing agency has moved suites at 9 Princess Road.
RCP Management Company, 2 Commerce Drive, Suite 101, Cranbury 08512. 609-683-7980. Richard J. Fry & Mary Faith Radcliffe, principals. www.rcpmanagement.com.
The commercial property management firm has moved from Centre Drive in Monroe to Commerce Drive in Cranbury.
Model N, 301 Carnegie Center, 3rd Floor, Princeton 08540. 609-945-6700. Betty Andre, office manager. www.modeln.com.
The software company has moved from College Road East to Carnegie Center.
New in Town
Edward Jones, 231 Clarksville Road, Suite 7, Princeton Junction 08550. 609-799-0791. Vijay Aluwalia, financial advisor. www.edwardjones.com/vijay-aluwalia.
The financial advisor has opened an office on Clarksville Road.
Ronald Berman, 86, on August 31. He founded R. Berman Development and was an early champion of mixed-use urban renewal in his hometown of Trenton. He developed several downtown Trenton office buildings and redeveloped the Roebling wire rope complex. He also owned the Trenton Titans hockey franchise from 1999 to 2005.