Achieved $48 million and $184 million in RYTELO® (imetelstat) net product revenue in Q4 2025 and full year 2025, respectively Reported total operating expenses of $255 million for full year 2025, within the previous guidance range Reiterated 2026 RYTELO net product revenue and total operating expenses expected in the ranges of $220 million to $240 million, and $230 million to $240 million, respectively Ended 2025 with cash, cash equivalents, restricted cash and marketable securities of roughly $401 million ...

FOSTER CITY, Calif., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Geron Corporation (Nasdaq: GERN), a commercial-stage biopharmaceutical company aiming to change lives by changing the course of blood cancer, today announced that members of the management team are scheduled to present at the following investor conferences: TD Cowen 46th Annual Healthcare ConferenceFireside Chat on Monday, March 2 at 1:10 p.m. ET in Boston, MABarclays 28th Annual Global Healthcare ConferenceFireside Chat on Tuesday, March 10 at 10:30 a. ...

Core Insights - Geron Corporation is forecasting $220–240 million in revenue from RYTELO (imetelstat) and $230–240 million in operating expenses for 2026, following a recent restructuring aimed at achieving profitability [1][2] - The company is focusing on U.S. commercialization, international expansion, and advancing its Phase 3 IMpactMF trial, with an emphasis on building clinical support for RYTELO [2][5] - A restructuring initiative is underway, which includes a workforce reduction of nearly one-third, expected to incur $18 million in restructuring charges [3][4] Financial Outlook - Geron anticipates stronger growth in the second half of 2026 as it increases outreach to physicians and patients [1] - The company has amended its loan agreement with Pharmakon Advisors, securing access to up to $125 million through July 2026 [2] Strategic Focus - The primary objectives include driving RYTELO commercial growth in the U.S., exploring international opportunities, and advancing the Phase 3 IMpactMF trial [5][6] - The restructuring is expected to significantly impact operating expenses and better position the company to meet patient needs [5]

Core Insights - Geron Corporation has provided financial guidance for 2026, expecting net product revenue for RYTELO (imetelstat) to be in the range of $220 million to $240 million, while total operating expenses are anticipated to be between $230 million and $240 million [1][6]. Financial Guidance - The company expects top-line growth and a reduction in operating expenses year over year, which will strengthen its balance sheet [2]. - RYTELO's net revenue growth is projected to be driven by targeted healthcare professional (HCP) and patient engagement, with stronger performance anticipated in the second half of 2026 [2][6]. Business Strategy - Geron's priorities for 2026 include driving RYTELO commercial growth in the U.S., expanding into LR-MDS markets outside the U.S., and advancing the Phase 3 IMpactMF trial [2]. - A strategic restructuring plan has been implemented to streamline operations and support the RYTELO commercial strategy, aiming to create long-term value for patients and shareholders [6]. Product Information - RYTELO is a first-in-class telomerase inhibitor approved in the U.S. for treating adult patients with LR-MDS who are transfusion-dependent and have not responded to or are ineligible for erythropoiesis-stimulating agents [4][5][7]. - The drug is administered as an intravenous infusion over two hours every four weeks [4]. Scientific Evidence - The company has expanded the scientific evidence supporting RYTELO's potential in treating lower-risk myelodysplastic syndromes (LR-MDS), with new analyses presented at the 2025 American Society of Hematology Annual Meeting [6].

Core Insights - Geron Corporation has announced a strategic restructuring plan aimed at long-term value creation for patients and shareholders while improving financial discipline [2][3] - The restructuring is expected to lead to a one-third reduction in the current workforce of approximately 260 employees, with significant savings anticipated in operating expenses for 2026 [3] Group 1: Restructuring Plan - The restructuring plan is designed to streamline the organizational structure and advance the company's strategy [3] - Initial projected full year 2026 operating expenses are expected to be lower than those projected for 2025, with savings beginning in the first quarter of 2026 [3] - The restructuring will incur cash-based expenses, with further details to be provided in a Current Report on Form 8-K [3] Group 2: Business Focus - The company remains focused on driving the commercial growth of RYTELO in the U.S. and exploring opportunities for its availability outside the U.S. [3] - Geron is continuing to advance its Phase 3 IMpactMF trial, which is critical for the development of its lead product, RYTELO [3][4] - RYTELO (imetelstat) is a first-in-class telomerase inhibitor approved for treating certain adult patients with lower-risk myelodysplastic syndromes (LR-MDS) [4]

Core Insights - Geron Corporation presented new data at the ASH 2025 Annual Meeting, reinforcing the potential of RYTELO (imetelstat) as a treatment for lower-risk myelodysplastic syndromes (LR-MDS) and myelofibrosis (MF) [1][2][4] Group 1: Clinical Efficacy of Imetelstat - Pooled analyses from the IMerge trial suggest that early treatment-emergent cytopenias may correlate with significant clinical outcomes, including hemoglobin increases and transfusion independence in LR-MDS patients [2][4][6] - The data indicate that patients experiencing ≥75% reductions in neutrophils or ≥50% reductions in platelets during the first two cycles of treatment had greater maximum hemoglobin increases compared to those without such reductions [5][6] - Long-term follow-up from the IMerge trial shows favorable trends in overall survival (OS) and progression-free survival (PFS) for imetelstat-treated patients compared to placebo, with a median follow-up of 45 months [7][8][9] Group 2: Mechanism of Action and Biological Insights - Imetelstat's mechanism involves telomerase inhibition, which is crucial for the uncontrolled cell division seen in LR-MDS, and the treatment has shown potential disease-modifying properties [19][20] - The correlation between early blood count changes and later improvements in hemoglobin provides valuable insights for clinicians regarding the treatment's biological effects [3][6] Group 3: Additional Studies and Future Directions - Ongoing studies, including the IMproveMF trial, are evaluating the safety and efficacy of imetelstat in combination with ruxolitinib for patients with intermediate-2 or high-risk myelofibrosis [13][14] - Preliminary results from the IMpress study indicate that imetelstat has a manageable safety profile in advanced myelodysplastic neoplasms or acute myeloid leukemia patients who are refractory to prior treatments [15][16][17]

Core Insights - Geron Corporation is experiencing a bullish sentiment on Wall Street due to its plans to enhance the commercialization of Rytelo, a medication for anemia [2][3] - The company aims to reposition Rytelo for earlier treatment lines, particularly as a second-line therapy, and will implement strategies to increase physician awareness [2][3] - Despite stagnating sales of approximately $50 million in 2025, Geron is optimistic about significant growth in 2026 [2] Company Overview - Geron Corporation is a biopharmaceutical company focused on developing treatments for blood cancers, specifically myeloid hematologic malignancies [4] - Its primary product, Rytelo (imetelstat), is an approved telomerase inhibitor for certain patients with lower-risk myelodysplastic syndromes, with ongoing research for its application in other blood cancers [4] Analyst Ratings - Needham analyst Gil Blum has reiterated a Buy rating for Geron with a price target of $4 [3] - Leerink Partners has maintained an Outperform rating but reduced the price target from $3 to $2, while expecting the company to take necessary steps to improve Rytelo's performance [3]

Core Insights - Geron Corporation has announced significant executive transitions to align its leadership with strategic priorities, including the appointment of Ahmed ElNawawi as the new Chief Commercial Officer [1][2][3] Leadership Changes - Andrew Grethlein, the current Chief Operating Officer, will transition to a consulting role effective October 15, 2025, after serving since January 2019 [1] - Jim Ziegler, the current Chief Commercial Officer, will also depart on October 15, 2025, to pursue other interests [1] - Ahmed ElNawawi will take over as Chief Commercial Officer on October 20, 2025, focusing on driving growth and maximizing the potential of RYTELO [1][2] New Executive Appointments - Three additional executives have been appointed: - Shanthakumar Tyavanagimatt as Senior Vice President, Chief Technical Officer, bringing over 25 years of experience in drug development and technical operations [2][5] - Dawn Schottlandt as Senior Vice President, Investor Relations and Corporate Affairs, with over 20 years in investor relations within the life sciences industry [2][8] - Bryan Ridgell as Senior Vice President, Portfolio and Project Management and Chief of Staff, with extensive experience in program and portfolio management [2][8] Strategic Focus - The new leadership team is expected to enhance Geron's capabilities in commercial, operational, and development areas, particularly in expanding the reach and impact of RYTELO [3][4] - ElNawawi aims to deepen engagement and deliver operational excellence across the business, building on the existing foundation [4] Company Overview - Geron Corporation is a commercial-stage biopharmaceutical company focused on changing the course of blood cancer, with its first-in-class telomerase inhibitor RYTELO approved for certain adult patients with lower-risk myelodysplastic syndromes [6]

Core Viewpoint - A class action lawsuit has been filed against Geron Corporation and certain officers for alleged violations of federal securities laws during the Class Period from February 28, 2024, to February 25, 2025, seeking damages for investors who acquired Geron securities during this time [1]. Company Overview - Geron Corporation is a late-stage clinical biopharmaceutical company focused on developing therapeutics for cancer and chronic degenerative diseases, with its sole product candidate being RYTELO (imetelstat), a telomerase inhibitor aimed at treating low- to intermediate-1 risk myelodysplastic syndromes and intermediate-2 or high-risk myelofibrosis [4]. - RYTELO was commercially launched in June 2024 after receiving FDA approval for treating adult patients with lower-risk MDS who are transfusion-dependent and have not responded to or are ineligible for erythropoiesis-stimulating agents [5]. Allegations and Financial Performance - The lawsuit alleges that throughout the Class Period, Geron made materially false and misleading statements regarding its business and prospects, including the potential profitability of RYTELO and the company's ability to meet the unmet needs in the market [6]. - On February 26, 2025, Geron reported Q4 2024 earnings per share of -$0.04 and revenue of $47.54 million, significantly below analyst projections of -$0.02 to -$0.03 EPS and $61.93 million in revenue [7]. - Following the disappointing financial results, Geron's CEO indicated that the company had observed flat revenue trends for RYTELO, attributing this to seasonality, competition, and a lack of awareness among healthcare providers [8]. Market Reaction - After the announcement of the Q4 results, Geron's stock price fell by $0.76 per share, or 32.06%, closing at $1.61 per share on February 26, 2025 [9].