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Geron Corporation (GERN) Eyes Profitability in 2026 amid Restructuring Drive [Yahoo! Finance]

Geron Corporation (GERN) 
Last geron corporation earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: geron.com/investors
Company Research Source: Yahoo! Finance
its 2026 outlook, forecasting $220–240 million in RYTELO (imetelstat) revenue and $230–240 million in operating expenses following a recent restructuring. The blood-cancer-focused company expects stronger growth in the second half of the year as it increases outreach to physicians and patients. Geron is prioritizing U.S. commercialization, international expansion, and progress in its Phase 3 IMpactMF trial. RYTELO, a first-in-class telomerase inhibitor approved in the U.S. and EU for lower-risk MDS-related anemia, continues to build clinical support, with new IMerge data presented at the 2025 ASH meeting. The company also amended its loan agreement with Pharmakon Advisors, securing access to up to $125 million through July 2026. On December 16, the company embarked on a restructuring drive to achieve profitability in the second half of 2026. The company is in the process of trimming its workforce by nearly a third, a move expected to reduce operating expenses. However, it is also Show less Read more
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