Geron Corporation
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Geron Corporation - overview
Established
1992
Location
Foster City, CA, US
Primary Industry
Biotechnology
About
Founded in 1992 by Alex Barkas and Michael D West, and based in California, US, Geron Corporation is a biotechnology company that develops and provides telomerase and telomere biology-based cancer-inhibiting drugs such as the Imetelstat in hematologic myeloid malignancies. In March 2024, a consortium comprised of OrbiMed Advisors, Farallon Capital Management, Boxer Capital, Vivo Capital, Deep Track Capital, and RA Capital Management acquired 42 million shares in Geron Corporation at USD 3 apiece, for approximately USD 150 million. Geron is a biopharmaceutical company focused on developing therapies for blood cancers using a novel approach targeting telomerase, an enzyme involved in the uncontrolled proliferation of malignant cells. Their lead product, a telomerase inhibitor, is used for treating adults with low-to-intermediate-1 risk myelodysplastic syndromes who require frequent red blood cell transfusions and have not responded to other treatments.
Current Investors
OrbiMed Advisors, Vivo Capital, RA Capital Management
Primary Industry
Biotechnology
Sub Industries
Biopharmaceuticals, Molecular Science, Genetics & Gene Therapy, Pharmaceutical Research & Development
Website
www.geron.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Geron Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Announced | Geron Corporation | - | ||||||||
| PIPE | Completed | Geron Corporation | - | ||||||||
| Private Debt | Completed | Geron Corporation | - |
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