Geron Corporation Announces Expansion of Existing Loan Facility

[Ryan]

https://ir.geron.com/investors/press-re ... fault.aspx

Expanded financing through late stage trials.

[biopearl123]

Worth discussing. Geron goes it alone? Talks with potential European partner which would have provided additional funds not going well? A delay in launch? Insurance that if MDS trial results not great company holds out for the MF trial? Clearly some milestones must be met to get the $ and the bank is not going to just give it away but it does suggest something has changed. Maybe price for European partner too high? Or anticipated market conditions are changing before our eyes. This could include anticipating a shift in anticipated BP resources to deal with the coming COVID wave in the fall (100 M new cases anticipated??). Just throwing it out there for our thought leaders. bp

[biopearl123]

Strategic optionality? An acquisition or in licensure?

[rccola335]

you have to be in financial position to go alone - delay as long as possible a partner in case of buyout opportunities which makes things more desirable for the purchasing company - Geron does not want to be a company long term - they would prefer to be bought out