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Why would GERN need $75M facility?
Posted: Fri Oct 02, 2020 6:48 am
by ashah
Hypothesis welcome!
Re: Why would GERN need $75M facility?
Posted: Sun Oct 04, 2020 4:20 pm
by cheng_ho
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.
Re: Why would GERN need $75M facility?
Posted: Tue Oct 06, 2020 5:40 pm
by esf1950
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
Re: Why would GERN need $75M facility?
Posted: Tue Oct 06, 2020 8:34 pm
by biopearl123
Love your hypothesis but Geron sold this on the cheap a long time ago while retaining a small royalty potential.
Re: Why would GERN need $75M facility?
Posted: Wed Oct 07, 2020 3:26 am
by Gwikley
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.