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Friday, May 25, 2018 10:14:19 AM
Janssen is not about to divorce Geron. Rather, when asked during Johnson & Johnson's Q1 2018 earnings CC by Geoff Meacham as to its strategy around its pipeline and acquisitions, Johnson & Johnson's EVP and CFO Caruso assured Meacham that its pipeline was strong. In this regard he specifically referenced eight new drug applications for products having billion-dollar potential planned by 2021.
Caruso's response ties in directly with Johnson & Johnson's Q1 2018 pipeline slide - The First one listed is IMETELSTAL for Myelofibrosis.
Caruso's response references eight drugs set for filing. Johnson & Johnson's 4/18/18 slide references eight planned NME filings by 2021. The first one listed is imetelstat for Myelofibrosis. I take this as meaning that Johnson & Johnson has specific intent of following through on expectations around issuing its continuation decision.
p.s. Nice try Dump , your short position is $5.00 ..... Target Geron to hit $10 by 10/10........
Recent GERN News
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:10:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:10:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:10:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:10:03 PM
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