The hold is the key issue, indeed! Until that resolves, we can't expect much performance in this stock. Even if the greatest news of efficacy imaginable came along, the FDA issue would still hang over us. As presented in the last CC, the data needed by the FDA will be presented by EOY. That's where we are folks. No wishing it away.
Have you considered the market itself? Lots of red out there all the way up and down the board, and on several boards. The sky is falling? No, but the market IS dropping, and along with it, speculative stocks like Geron are to.
Yes, I understand, thanks. But does this knowledge open up new avenues through which competing approaches might be developed, even by Geron? And is it of a nature than Geron's telomerase patents don't reach?
Don't forget the lawsuits. He may not be able to say much until the FDA hold is resolved, and there is more firm evidence in place. We cannot afford anything being said that could be called speculative at this time.
Yes indeed, the market has been made into a casino operation in which long-term investment is not encouraged, particularly in small, start-ups. But worse, the forces that have made it this way also control the people we rely on to fix it - elected members of congress. We live in a corporatocracy designed by and for the wealthy and corporations, the latter now considered people - politically and legally. It reeks to high heaven, but I don't hold out much hope for change! I suspect it will continue until the whole thing collapses, this time perhaps once and for all. A bleak outlook, but unfortunately true. I just don't see how a country can long survive when it is governed by greed and self-interest.
No, the company is still obligated to provide the data needed by the FDA to support releasing the hold.
Not sure what those patents entail, but don't think they include anything about the controlling gene for telomerase (i.e. the on-off switch).
I remember the days when an argument was being made that cigarettes benefited the economy by supplying patients to the health care industry. There are many perverse truths in this economy of ours.
I find myself wondering these days if a true cure to cancer might pose a threat to a long-standing, multimillion $ "industry" in cancer R and D, and threaten a multitude of "treatments" that merely extend life, but fail to cure. Many tentacles have grown out of cancer research and treatment over the decades, and each represents enormous amounts of money. Cancer is an economy, in other words. I'm not saying that Imetelstat is such a cure, but indications are that may be for at least one class of cancer, if not more. With what we know, it appears that Imetelstat should be receiving support for further investigation, rather than interference and stoppage. In a sense, the partial release may be a sign of the FDA agreeing with that. If so, then we should see things turning in our favor in the not too distant future.
I think the writer of that article called Imetelstat "promising." What, no mention of CR's? And no mention of Teffari saying, in effect, that liver toxicity is minimal and/or can be controlled by dosage? Convenient omissions serving his purpose, I believe.
How do you go OUT of business when you're not yet IN business? Getting into business is what we need to be talking about. That's our challenge.
Alright, you've made a statement, so now back it up. Where is this "clear indication" you refer to?
Looks like pretty good insight to me. Thanks for the sluth work.
There is very little discussion of the effects the law suits are having on Geron's willingness to say much more than the bare, legal minimum required to keep investors informed. Do the lawsuits have merit? Personally, I don't think so, but they nevertheless must be considered in just about everything the company and its management do in the public arena. It remains my hope that we will soon see the FDA hold released and, as a result, the lawsuits rendered harmless. But until that happens, we shouldn't expect anything from the company that might add to OUR problems. Isn't that responsible management?
Good post, and thanks. Our government has been under attack ever since these words were uttered, "Government is the problem, not the solution." Few people have asked themselves: What, or who, benefits the most by this attack on our government? The answer: The businesses and corporations who are (were?) regulated by it. Only a few years ago, we saw once more in out country's history what the excesses of doing business purely for the sake of profit leads to. Like it or not, government oversight and regulation is essential to a free market economy. We should only require that it operates fairly, effectively, in the larger public interest, not in the individual corporate interest, as has happened all too often since those famous words were spoken. If we have a problem with our government, and we do, it is the fact that it is lobbied to death, literally! We need to look at the elected people as a problem in that respect, not the professionals located within the agencies. They too are the victims of what has been going on.