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via finance.yahoo.comBusiness & Companies

Geron stock falls 12% after halting Phase 3 IMpactMF trial

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Geron Corporation (NASDAQ:GERN) shares fell 12% Wednesday after the company announced it would discontinue its Phase 3 IMpactMF trial evaluating imetelstat in JAK inhibitor relapsed/refractory myelofibrosis. Still guessing which stocks will beat the market? Our…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHalting a Phase 3 trial at a small biotech is relevant for the stock and for the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Geron announced it will discontinue the Phase 3 IMpactMF trial of imetelstat.
  2. 02The independent Data Monitoring Committee judged it unlikely the trial would meet its primary overall survival endpoint.
  3. 03Shares fell 12% on Wednesday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Geron CorporationGERNStock0.8854 USD-23.01%today -23.01%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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