Restructuring

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rccola335
Posts: 613
Joined: Sat Sep 28, 2019 10:00 pm

Restructuring

Post by rccola335 »

jayfish101
Posts: 331
Joined: Tue Feb 23, 2016 5:48 pm

Re: Restructuring

Post by jayfish101 »

This is huge! Hopefully it is a move of strength-seems so. Many of us have wondered if there wasn't a lot of fat and possible cronyism going on with all the hires.
mistergern
Posts: 221
Joined: Sat Mar 19, 2016 3:48 pm

Re: Restructuring

Post by mistergern »

Excellent - this will give the new CEO WS street cred - should instantly help boost pps - profitability without dilution - easier org to absorb with a BO - should help on multiple levels.
Ryan
Posts: 673
Joined: Sat Jul 08, 2017 1:41 pm

Re: Restructuring

Post by Ryan »

This is unfortunate imo, but it does put profitability square in the 2026 calendar year.
Not to mention that moves like this often are a precursor to an acquisition.

I am quite sure this has been in the works / planning for months now, and it does make me wonder the fate of Dr. Feller, again.
lacour_98
Posts: 105
Joined: Thu Sep 07, 2023 6:57 pm

Re: Restructuring

Post by lacour_98 »

Taking a contrarian view, could the restructuring or workforce reduction indicate Geron not expecting any signifiant increase in US Rytelo sales between now and IMerge results next year and hopefully NDA approval with MF sales beginning sometime in 2027?
biopearl123
Posts: 2591
Joined: Fri Jul 20, 2018 5:13 pm

Re: Restructuring

Post by biopearl123 »

Lacour, I think he wants to show a profit, pay off the loan, and enhance shareholder value. We wont have to wait too long to see if sales have improved.
lacour_98
Posts: 105
Joined: Thu Sep 07, 2023 6:57 pm

Re: Restructuring

Post by lacour_98 »

I'm pulling for increasing sales to be the caae.
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