Exhibit 5.1
July 31, 2008
Cerus Corporation
2525 Stanwell Drive, Suite 300
Concord, CA 94520
Ladies and Gentlemen:
You have requested our opinion with respect to certain matters in connection with the filing by Cerus Corporation (the Company) of a Registration Statement on Form S-8 (the Registration Statement) with the Securities and Exchange Commission covering the offering of up to 2,270,000 shares of the Companys Common Stock, $0.001 par value (the Shares), pursuant to its 2008 Equity Incentive Plan (the 2008 Plan), and up to 6,265,185 shares of the Companys Common Stock, $0.001 par value (the Additional Shares), which were previously registered in connection with the Companys 1999 Equity Incentive Plan and the Companys 1998 Non-Officer Stock Option Plan (collectively, the Prior Plans), and which may be offered or sold under the 2008 Plan, which is the successor plan to the Prior Plans.
In connection with this opinion, we have examined the Registration Statement and related Prospectus, the Companys Certificate of Incorporation and By-laws, as amended, and such other documents, records, certificates, memoranda and other instruments as we deem necessary as a basis for this opinion. We have assumed the genuineness and authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies thereof, and the due execution and delivery of all documents where due execution and delivery are a prerequisite to the effectiveness thereof.
On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares and the Additional Shares, when sold and issued in accordance with the 2008 Plan, the Registration Statement and related Prospectus, will be validly issued, fully paid, and nonassessable (except as to shares issued pursuant to certain deferred payment arrangements, which will be fully paid and nonassessable when such deferred payments are made in full).
We consent to the filing of this opinion as an exhibit 5.1 to the Registration Statement.
| Very truly yours, | ||
| Cooley Godward Kronish LLP | ||
| By: | /s/ Suzanne Sawochka Hooper | |
| Suzanne Sawochka Hooper | ||