Geron (GERN) Wins FDA Approval for Blood Cancer Drug, Stock Up [Yahoo! Finance]
Geron Corporation (GERN)
Last geron corporation earnings: 3/12 04:05 pm
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Source: Yahoo! Finance
myelodysplastic syndromes (MDS) with transfusion-dependent anemia requiring four or more red blood cell units over eight weeks. The agency approved the drug for patients who either did not respond or lost response to or are ineligible for erythropoiesis-stimulating agents (ESA). Shares of the company rose 18% on Jun 7, on the news. The FDA approved imetelstat, a telomerase inhibitor, under the brand name Rytelo for the above-mentioned indication. Lower-risk (LR) MDS is a blood cancer that often progresses to require increasingly intensified management of key symptoms such as anemia and resulting fatigue. Patients suffering from this cancer become dependent on red blood cell (RBC) transfusion. Rytelo works by inhibiting telomerase enzymatic activity. Telomeres are protective caps at the end of chromosomes that naturally shorten each time a cell divides. Abnormal bone marrow cells often express the enzyme telomerase, which rebuilds those telomeres, allowing for uncontrolled cell
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GERN
News
- Geron Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) [Yahoo! Finance]Yahoo! Finance
- Geron Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)Business Wire
- Geron Corporation's (NASDAQ:GERN) large institutional owners must be happy as stock continues to impress, up 27% over the past week [Yahoo! Finance]Yahoo! Finance
- Geron Co. (NASDAQ: GERN) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $9.00 price target on the stock.MarketBeat
- Geron Co. (NASDAQ: GERN) had its price target raised by analysts at Stifel Nicolaus from $6.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
GERN
Earnings
- 5/2/24 - Beat
GERN
Sec Filings
- 6/12/24 - Form 4
- 6/12/24 - Form 4
- 6/10/24 - Form 144
- GERN's page on the SEC website