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Geron Corporation

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Geron is positive on its agreement with J&J for imetelstat, which provides it with a strong partner as well as funds. In Apr 2017, Geron/J&J reported positive interim update on Imetelstat. Geron clarified that for IMerge, the benefit/risk profile of imetelstat in the treated patients supports continued development in lower risk MDS indication. Moreover, for IMbark, the recent results suggest that the clinical benefit and a potential overall survival benefit observed supports continuation of the trial without modifications. However, Geron's dependence on a single pipeline candidate imetelstat raises concerns. The company’s shares have underperformed the Zacks classified Medical-Biomedical/Genetics industry in the last one year. Estimates have been stable lately ahead of the company’s Q1 earnings release. The company has positive record of earnings surprises in recent quarters.


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