Pevonedistat - the cause for lower GERN share price?

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ashah
Posts: 60
Joined: Wed Jan 09, 2019 1:32 pm

Pevonedistat - the cause for lower GERN share price?

Post by ashah » Fri Jul 31, 2020 11:48 pm

Takeda Announces U.S. FDA Breakthrough Therapy Designation Granted for Pevonedistat for the Treatment of Patients with Higher-Risk Myelodysplastic Syndromes (HR-MDS)

https://www.businesswire.com/news/home/ ... esignation

Ryan
Posts: 352
Joined: Sat Jul 08, 2017 1:41 pm

Re: Pevonedistat - the cause for lower GERN share price?

Post by Ryan » Sat Aug 01, 2020 1:08 am

This is for higher risk MDS.

Geron is revolutionizing lower risk MDS.

This may be the reason for the Takeda rumors - perhaps Takeda wants to dominate the full spectrum of MDS.

ashah
Posts: 60
Joined: Wed Jan 09, 2019 1:32 pm

Re: Pevonedistat - the cause for lower GERN share price?

Post by ashah » Sat Aug 01, 2020 2:37 am

Interesting.
So not only do they cover multiple disease ares (low risk and high risk) ... but also different modalities/pathways !
Just brilliant!

Lekola_
Posts: 14
Joined: Thu Jun 04, 2020 4:31 pm

Re: Pevonedistat - the cause for lower GERN share price?

Post by Lekola_ » Sat Aug 01, 2020 2:41 am

Does the board have any thoughts as to the PR on 7/01 that said EMA gave a positive opinion Orphan Designation and that Geron believed it would be formally announced or happen by end of July. I haven’t seen the formal announcement. Could the EMA grant the orphan status without public acknowledgement? Or has it just not happened yet? Any thoughts on the implications of that (if any)?

Passage I am referring to from the PR 7/01:
“The Company expects that the European Commission, based on this positive opinion of the COMP, will formally grant the orphan drug designation for the European Union (EU) by the end of July. Imetelstat has already been granted orphan drug designation by the United States Food and Drug Administration as a potential treatment for MDS.“

Thanks for any thoughts!
Lekola

Lekola_
Posts: 14
Joined: Thu Jun 04, 2020 4:31 pm

Re: Pevonedistat - the cause for lower GERN share price?

Post by Lekola_ » Sat Aug 01, 2020 4:51 am

Well, I’ll be darned. Scratch my last post, I believe the PR in question that I mentioned is coming. I assume the CC will broach this Orphan topic. I see this is now up. Better late than never!

Designation number

EU/3/20/2305

name:
ACTIVEEU/3/20/2305
Designation number: EU/3/20/2305
Active substance: Imetelstat sodium
Indication: Treatment of myelodysplastic syndromes
Sponsor: Parexel International GmbH
Spandauer Damm 130, Charlottenburg, 14050 Berlin, Deutschland

Procedure type: Orphan designation
EMA number: EMA/OD/0000031951
Decision number: (2020)5231 of 27 Jul 2020
https://ec.europa.eu/health/documents/c ... /o2305.htm

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