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NetworkNewsBreaks – Geron Corp. (NASDAQ: GERN) Shares Surge on FDA Granting Fast Track Designation to Imetelstat for Lower Risk MDS

Company: Geron Corp. (GERN)
Category: News

Shares of Geron (NASDAQ: GERN) are up 6.75% after the company this morning said its telomerase inhibitor, imetelstat, has been granted Fast Track designation by the United States Food and Drug Administration (FDA) to treat adults with transfusion-dependent anemia due to Low or Intermediate-1 risk myelodysplastic syndromes (MDS) who are non-del and who are refractory or resistant to treatment with an erythropoiesis stimulating agent. Geron initially developed imetelstat, which is exclusively licensed to Janssen Biotech, Inc. worldwide. Janssen sponsored the application for Fast Track designation using preliminary data from IMerge, the ongoing clinical trial being conducted by Janssen in lower risk MDS. The expanded part 1 of the IMerge trial is currently open for patient enrollment.

To view the full press release, visit: http://nnw.fm/O4nxD

About Geron

Geron is a clinical stage biopharmaceutical company focused on the collaborative development of a first-in-class telomerase inhibitor, imetelstat, in hematologic myeloid malignancies. For more information, visit the company’s website at www.geron.com.

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