Geron Corporation Cuts Workforce by One-Third in Strategic Restructuring
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Geron Corporation announced a strategic restructuring plan, reducing its workforce by one-third to enhance long-term value and financial discipline. The restructuring, expected to complete by Q1 2026, aims to lower 2026 operating expenses compared to 2025. Key goals include boosting RYTELO's U.S. commercial growth, international expansion, and advancing the Phase 3 IMpactMF trial. Restructuring charges will be detailed in an upcoming SEC filing. This AI-generated news is for informational purposes and not financial advice.
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