To: Ron who wrote (2703 ) 9/23/2003 12:45:23 AM From: JMarcus Respond to of 3576 The investor presentation reported on preliminary results (the trial is not yet fully enrolled) from the second phase (the high dose group) of the P 1/2 telomerase inhibition prostate cancer trial (being performed at Duke Univeristy) of Geron's telomerase cancer vaccine product. In the high dose group (received 6 vaccinations instead of 3), the total number of anti-telomerase T-cells generated from the vaccine amounted to 1-2% of the total T-cell population of the immune suppressed cancer patients. That threshold is higher than any T-cell response produced by any trial of any cancer vaccine product. That is the level of vaccine reactivity that you see with measles or mumps vaccinations. The duration of the vaccine response appears to be long-lived. At 13 weeks, the T-cell response level was higher than the peak response level achieved with the low dose group. The difference between the low dose and high dose group was simply doubling the number of injections (same dosage level) from three weekly injections to six weekly injections. Later in the year they will reveal the results from the rest of the high-dose group. It bears repeating that the vaccine, in vitro and in the six preclinical trials, showed effectiveness against all cancer types, which is what you'd expect inasmuch as all cancers express telomerase excessively. Patients develop a skin rash at the injection sites. Those rashes have been tested and shown to contain elevated levels of anti-telomerase T-cells. The take-home message is that this vaccine may potentially enjoy usage, in combination therapy, for ALL forms of cancer. Turning to stem cells, two of Geron's embryonic human stem cell lines are fully approved for human testing. They have developed a platform for developing embryonic human stem-cell derived liver cells, blood cells, bone marrow cells, insulin-secreting islet cells, dopaminergic neuron cells for Parkinson's Disease, heart muscle cells, and oligodendrite cells (spinal cord injury). These are all in animal studies, with some remarkable results in the mouse studies of the spinal cord injury treatment. The platform is scalable for low cost production in high volumes. They expect that the spinal cord injury therapy will be the first to enter the clinic for human trials. Marc