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Geron +20% AH after two positive imetelstat drug studies

Sep. 02, 2015 6:04 PM ETGeron Corporation (GERN) StockBy: Carl Surran, SA News Editor31 Comments
  • Geron (NASDAQ:GERN) +20.4% AH on news that the New England Journal of Medicine would publish two papers showing positive results for GERN's flagship drug imetelstat, an inhibitor of the telomerase cancer cell enzyme.
  • In two mid-stage clinical trials, GERN said the use of imetelstat suggested it works against malignant cells that cause essential thrombocythemia, a disease in which the body produces too many blood platelets, and against myelofibrosis, a bone marrow disease that disrupts the body's production of blood cells.

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