Why would GERN need $75M facility?

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ashah
Posts: 38
Joined: Wed Jan 09, 2019 1:32 pm

Why would GERN need $75M facility?

Post by ashah » Fri Oct 02, 2020 6:48 am

Hypothesis welcome!

cheng_ho
Posts: 183
Joined: Sun Apr 03, 2016 11:27 pm

Re: Why would GERN need $75M facility?

Post by cheng_ho » Sun Oct 04, 2020 4:20 pm

I think it's clear cut... they haven't been able to recruit enough patients for the trials, and they're behind schedule. They're just making sure that they can cross the finish line on one trial before running out of money.

And it's not $75 million UNLESS they hit their milestones.

esf1950
Posts: 4
Joined: Tue May 28, 2019 3:52 am

Re: Why would GERN need $75M facility?

Post by esf1950 » Tue Oct 06, 2020 5:40 pm

I believe Geron is going to restart the old Ast-Vac1 and Vac2 trials
https://cancerletter.com/articles/20170531_11/
they also had the ast-Vac2 trial
https://www.globenewswire.com/news-rele ... ancer.html
the trial for lung cancer might be applied to covid-19
just one mans guess...but if correct a whole new world is about to open up....regardless geron is way over due

biopearl123
Posts: 646
Joined: Fri Jul 20, 2018 5:13 pm

Re: Why would GERN need $75M facility?

Post by biopearl123 » Tue Oct 06, 2020 8:34 pm

Love your hypothesis but Geron sold this on the cheap a long time ago while retaining a small royalty potential.

Gwikley
Posts: 59
Joined: Thu Aug 30, 2018 9:05 pm

Re: Why would GERN need $75M facility?

Post by Gwikley » Wed Oct 07, 2020 3:26 am

IMO it's a safety loan. Getting a full recruitment is stalled because of the CV-19 pandemic, and the safety concerns for the potential patients, not for lack of applicants.
If it goes on longer than the optimistic projection (s), funds will be needed to "keep the machine running";
But I yield to those with a deeper understanding of the situation.
IMO, regardless, I think we are looking at a 2023/24 completion date.

esf1950
Posts: 4
Joined: Tue May 28, 2019 3:52 am

Re: Why would GERN need $75M facility?

Post by esf1950 » Wed May 19, 2021 11:18 pm

we have never been given any explanation of why the extra funding is needed..or maybe i missed it....why isnt geron management looking to do combos...no new information here...why?? what is the reason for putting out more stock ...no answers from geron...except the additional shares insures that management will get paid..geron management are playing stall ball...

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