Geron (GERN) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Geron Corporation  (NASDAQ: GERN)

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Description of Geron's Business Segments


Geron Corporation is a clinical-stage biopharmaceutical company specializing in the development and commercialization of innovative therapies aimed at treating various cancers and chronic degenerative diseases. The company is committed to leveraging groundbreaking science and technology to create therapies that have the potential to significantly impact patient outcomes and enhance quality of life on a global scale.

Segments

Geron Corporation focuses primarily on a singular business segment: the development of therapeutic products targeting cancer and other degenerative diseases. Recognizing the rapid advancements in the field of regenerative medicine and immunotherapy, the company has expanded its focus to include cell-based therapies that offer promising avenues for treatment. This includes harnessing the body’s own immune system and regenerative capabilities to devise revolutionary treatments for complex health conditions.

Products

Geron Corporation has an active and diverse pipeline of product candidates, which include:

1. Imetelstat:
- Overview: Imetelstat is Gerons leading product candidate and represents its flagship offering aimed at addressing hematologic myeloid malignancies (HMMs).
- Mechanism: This therapy is a telomerase inhibitor designed to target and inhibit cancer cells characterized by high telomerase activity. By manipulating the telomerase enzyme, Imetelstat aims to induce apoptosis in malignant cells, thereby improving survival outcomes for patients suffering from conditions such as myelodysplastic syndromes (MDS) and acute myeloid leukemia (AML).
- Current Status: Ongoing Phase 2 clinical trials are underway to evaluate its efficacy and safety profile.

2. GRN510:
- Overview: Positioned as a potential cellular immunotherapy, GRN510 targets the treatment of solid-tumor cancers.
- Mechanism: This therapy utilizes autologous dendritic cells, which are modified to present tumor-associated antigens. By loading these cells with the patients own RNA, GRN510 is designed to initiate a strong immune response against tumor cells, potentially leading to improved tumor regression.
- Clinical Development: Current efforts are focused on advancing GRN510 through investigational clinical trials to assess its therapeutic potential in various solid tumor types.

3. GRN300:
- Overview: Designed for the treatment of osteoarthritis, GRN300 is an innovative cell therapy candidate that harnesses the bodys own regenerative capabilities.
- Mechanism: The therapy involves the use of modified adult mesenchymal stem cells (MSCs) that express human telomerase reverse transcriptase (TERT). This modification promotes cell proliferation and engages regenerative processes aimed at restoring cartilage integrity and function in osteoarthritis-affected joints.
- Target Population: By focusing on degenerative diseases, particularly osteoarthritis, Geron aims to address a significant market need for effective non-invasive therapies in the area of orthopedic care.

Services

In addition to product development, Geron Corporation offers an array of professional services designed to support and enhance the safe and effective use of its therapeutic portfolio, including:

1. Clinical Study Services:
- Geron provides robust support for clinical studies integral to evaluating the safety, efficacy, and overall performance of its therapeutic candidates. This involves close collaborations with hospitals, research clinics, and academic institutions to facilitate comprehensive clinical trials.

2. Regulatory Affairs Services:
- Understanding the complexities of regulatory compliance, Geron offers extensive support in navigating the intricate landscape of regulatory requirements impacting drug development and commercialization. The services encompass the preparation of extensive regulatory submissions, handling negotiations with relevant regulatory bodies, and ensuring full compliance with changing guidelines and requirements.

3. Commercialization Services:
- As products progress through clinical development, Geron enhances its commercialization strategy through offering detailed market research, product positioning initiatives, and the establishment of strategic partnerships. This service is critical for preparing the product for launch, securing market access, and achieving long-term commercial success.

Conclusion

Geron Corporation stands at the forefront of biopharmaceutical innovation, driven by a dedication to tackling complex medical challenges. Through its focused development of advanced therapeutic products, alongside a full suite of supportive services, Geron aims to make a meaningful impact in the realms of oncology and regenerative medicine. The companys commitment to research, clinical excellence, and strategic partnerships positions it well to fulfill its mission of improving patient outcomes on a global scale.


Composition of Geron Corporation Revenues by Segments

 
Net product revenue    99.87 % of total Revenue
Gross product revenue    126.07 % of total Revenue
Total gross-to-net adjustments    -26.2 % of total Revenue
Chargebacks    -15.75 % of total Revenue
Distributor service fees    -4.18 % of total Revenue
Government rebates    -3.2 % of total Revenue
Sales returns and allowances    -3.07 % of total Revenue
Product revenue net    99.87 % of total Revenue
Royalties    0.13 % of total Revenue
Reportable Segment    99.93 % of total Revenue
Reportable Product revenue net    99.93 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Net product revenue 51.77 99.87 %
Gross product revenue 65.35 126.07 %
Total gross-to-net adjustments -13.58 -26.2 %
Chargebacks -8.16 -15.75 %
Distributor service fees -2.17 -4.18 %
Government rebates -1.66 -3.2 %
Sales returns and allowances -1.59 -3.07 %
Product revenue net 51.77 99.87 %
Royalties 0.07 0.13 %
Reportable Segment 51.80 99.93 %
Reportable Product revenue net 51.80 99.93 %
Total 51.84 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Net product revenue 31.28 % -
Gross product revenue 44.23 % -
Total gross-to-net adjustments - -
Chargebacks - -
Distributor service fees - -
Government rebates - -
Sales returns and allowances - -
Product revenue net 31.28 % -
Royalties -60.48 % -
Reportable Segment 30.81 % -
Reportable Product revenue net 31.47 % -
Total 30.89 % -71.77 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Reportable Segment -3.60 -
Total -3.64 -




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Reportable Segment - -
Total - -




Annual Report on Geron Corporation Divisions, Sales by Country

 
Gross product revenue   Gross product revenue Segment contribution to total sales 121.51 % of total Revenue
Total gross-to-net adjustments   Total gross-to-net adjustments Segment contribution to total sales -21.51 % of total Revenue
Chargebacks   Chargebacks Segment contribution to total sales -13.9 % of total Revenue
Distributor service fees   Distributor service fees Segment contribution to total sales -4.09 % of total Revenue
Government rebates   Government rebates Segment contribution to total sales -1.42 % of total Revenue
Sales returns and allowances   Sales returns and allowances Segment contribution to total sales -2.1 % of total Revenue
Product revenue net   Product revenue net Segment contribution to total sales 100 % of total Revenue
Royalties   Royalties Segment contribution to total sales 0.14 % of total Revenue
Reportable Segment   Reportable Segment Segment contribution to total sales 100.15 % of total Revenue
Reportable Product revenue net   Reportable Product revenue net Segment contribution to total sales 99.99 % of total Revenue
Reportable Royalties   Reportable Royalties Segment contribution to total sales 0.16 % of total Revenue
Product revenues net   Product revenues net Segment contribution to total sales 100 % of total Revenue


Twelve months ended 2025
GERN s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Gross product revenue 223.11 121.51 %
Total gross-to-net adjustments -39.49 -21.51 %
Chargebacks -25.53 -13.9 %
Distributor service fees -7.51 -4.09 %
Government rebates -2.60 -1.42 %
Sales returns and allowances -3.85 -2.1 %
Product revenue net 183.62 100 %
Royalties 0.26 0.14 %
Reportable Segment 183.90 100.15 %
Reportable Product revenue net 183.60 99.99 %
Total 183.62 100 %
Reportable Royalties 0.30 0.16 %
Product revenues net 183.62 100 %


Twelve months ended 2025
GERN s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Reportable Segment -68.60 -
Total -83.50 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Gross product revenue 149.52 % -
Total gross-to-net adjustments - -
Chargebacks - -
Distributor service fees - -
Government rebates - -
Sales returns and allowances - -
Royalties -48.3 % -
Reportable Segment 138.83 % -
Reportable Product revenue net 140 % -
Total 140.05 % -
Reportable Royalties -40 % -
Product revenues net 140.05 % -
Revenues Before Adjustments - -
Chargebacks and distributor service fees - -
Product Revenue Net - -
Revenues Abstract - -



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