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To: Henry Niman who wrote (1383)11/6/1998 12:26:00 PM
From: Laura E.  Respond to of 1561
 
Bought a few shares of CEXP



To: Henry Niman who wrote (1383)11/7/1998 9:18:00 AM
From: Ron  Respond to of 1561
 
GERN in Investors Business Daily today:

investors.com

key info:

Geron has paid for the research using the $14.9 million it netted from its initial public offering in '96. It has
also secured more than $44 million in research funding from drug makers Pharmacia & Upjohn Inc.,
Roche Holdings AG and Japan's Kyowa Hakko.

Like most research-stage companies, Geron is bleeding red ink. It lost $9.6 million, or 93 cents a share, in
'97. In the first six months of '98, it lost 39 cents.

But thanks to its latest discovery, the company is now in a position to partner with large drug makers and
genomics outfits to gain new revenue streams. CEO Ron Eastman hopes to secure more partnerships,
which he says could soon turn the company profitable.