Geron Corporation Announces Up to $375 Million in Funding with Royalty Pharma and Pharmakon Advisors
Geron Corporation (GERN)
Last geron corporation earnings: 3/12 04:05 pm
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geron.com/investors
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Source: Business Wire
Geron received $250 million in gross proceeds at closing, with access to an additional $125 million in debtStrengthens balance sheet to support the commercial launch of RYTELO™ in the U.S. and potential launch in the EU, the ongoing Phase 3 IMpactMF trial in relapsed/refractory myelofibrosis, and other uses FOSTER CITY, Calif.--(BUSINESS WIRE)--Geron Corporation (Nasdaq: GERN), a commercial-stage biopharmaceutical company aiming to change lives by changing the course of blood cancer, today announced up to $375 million in synthetic royalty and debt financings with Royalty Pharma and investment funds managed by Pharmakon Advisors, LP, of which $250 million in cash was provided at closing and another $125 million in debt is available. The transactions are comprised of a $125 million synthetic royalty with Royalty Pharma and $250 million of committed senior secured debt with investment funds managed by Pharmakon Advisors, LP.“The substantial financial commitment of exceptional long-ter
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GERN
News
- Geron Corporation Announces Appointment of Joseph Eid, M.D. as Executive Vice President, Research and Development [Yahoo! Finance]Yahoo! Finance
- Geron Corporation Announces Appointment of Joseph Eid, M.D. as Executive Vice President, Research and DevelopmentBusiness Wire
- Geron to Participate in the Stifel 2024 Healthcare ConferenceBusiness Wire
- Analysts Are Upgrading Geron Corporation (NASDAQ:GERN) After Its Latest Results [Yahoo! Finance]Yahoo! Finance
- Geron Corp (GERN) Q3 2024 Earnings Call Highlights: Strong Rytelo Launch and Strategic ... [Yahoo! Finance]Yahoo! Finance
GERN
Earnings
- 11/7/24 - Miss
GERN
Sec Filings
- 11/12/24 - Form 3
- 11/12/24 - Form 4
- 11/7/24 - Form 10-Q
- GERN's page on the SEC website