Geron Corp (GERN) Reports In-Line Q4 EPS

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Geron Corporation Reports Fourth Quarter and Full Year 2018 Financial Results and Recent Events

March 7, 2019 4:05 PM EST

MENLO PARK, Calif., March 07, 2019 (GLOBE NEWSWIRE) -- Geron Corporation (Nasdaq: GERN) today reported financial results for the fourth quarter and full year ended December 31, 2018 and recent events. As of year-end 2018, the Company had approximately $182 million in cash and marketable securities, which is sufficient to commence the planned Phase 3 clinical trial of imetelstat in lower risk myelodysplastic syndromes (MDS) by mid-year 2019.

We expect 2019 to be a pivotal year, said John A. Scarlett, M.D., Chairman and Chief Executive Officer. We are making good progress in the transition of the imetelstat program and expect to... More