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Geron (GERN) Rips Higher On Exclusive Stem Cell Deal With GE Healthcare

June 30, 2009 7:38 AM EDT
GERN Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: -99.9%
Geron Corporation (Nasdaq: GERN) is up 30% in the lat 5 minutes after announcing an exclusive license and alliance agreement to develop and commercialize cellular assay products derived from human embryonic stem cells with GE Healthcare.

Financial terms are not being disclosed, but traders view the news a very positive.

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