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Geron Corp GERN

Alternate Symbol(s):  GERNW

Geron Corporation is a late-stage clinical biopharmaceutical company developing investigational first-in-class telomerase inhibitor, imetelstat, to treat hematologic malignancies. The Company is engaged in the development of therapeutic products for oncology. Its lead indication for imetelstat is in Low or Intermediate-1 risk myelodysplastic syndromes. It is developing imetelstat for the treatment of several myeloid hematologic malignancies, including a Phase 3 clinical trial, named IMpactMF, in relapsed/refractory myelofibrosis (MF) with overall survival as the primary endpoint, that is enrolling patients. It is also conducting a Phase 1 combination therapy clinical trial, named IMproveMF, in first-line Intermediate-1, Intermediate-2 or High-Risk myelofibrosis, or frontline MF, that is enrolling patients and imetelstat is being studied in an investigator-led Phase 2 clinical trial, named IMpress, in Intermediate-2 or High-Risk myelodysplastic syndromes and acute myeloid leukemia.


NDAQ:GERN - Post by User

Bullboard Posts
Post by bearskoon Feb 25, 2008 2:40pm
624 Views
Post# 14539757

Negative Trend

Negative TrendThe stock price has been going down consistently over the past 5 months; however new development indicate an expansion to human stem-cell research which would rocket the stock price if positive results are announced. Moreover, Geron is ranked in the top 5in the biotechnology patent scorecard published in the Feb. 12 issue of TheWall Street Journal.
As of now I don't see any reason for a strong buy, but if you are a risk taker and find something about this company that competitors don't have then go for it. And, if you already own it I don't suggest selling as it is close to its 52-week low.
Bullboard Posts