Geron (GERN) risk factors, FY2025 10-K

Geron's FY2025 10-K, filed Mar 02, 2026, lists 60 risk factors in 11 groups. Against the prior year's 54: 20 new, 14 dropped, 26 substantially reworded.

Risk factors listed
6011 groups
New this year
20vs 54 last year
Dropped
14since the prior 10-K
Substantially reworded
26of those kept
Section length
38k wordsItem 1A

What the changes say

  • RYTELO is now approved in the EU, adding EU commercialization, reimbursement, orphan-exclusivity, and regulatory risks.

What changed since the prior 10-K

New

  • NewRISKS RELATED TO THE COMMERCIALIZATION OF RYTELO

    Therefore, coverage and adequate reimbursement are critical to market acceptance of RYTELO

  • NewRISKS RELATED TO THE COMMERCIALIZATION OF RYTELO

    Future regulatory approvals for RYTELO, if any, could be conditioned upon label restrictions that materially limit the addressable patient population

  • NewRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    Similar requirements and related consequences apply outside the U.S

  • NewRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    Failure to obtain approval could significantly harm our business and business prospects, render our significant clinical development expenditures unrecoverable, and might cause us to cease operations

  • NewRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    Any marketing approval that we may receive for RYTELO in any other jurisdiction or for any other indication may also be limited or subject to restrictions or post-approval commitments and requirements that increase our costs or render RYTELO not commercially viable, which would harm our business and business prospects

  • NewRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    Similarly, in the EU, orphan market exclusivity may not effectively protect RYTELO from all competition

  • NewRISKS RELATED TO COMPLIANCE WITH HEALTHCARE LAWS

    Because of the breadth of these laws and the narrowness of the statutory exceptions and safe harbors available, it is possible that some of our business activities could be subject to challenge under one or more of such laws

  • NewRISKS RELATED TO THE FURTHER DEVELOPMENT OF IMETELSTAT

    Top-line or interim results and data may differ from future results of the same study, or different conclusions or considerations may qualify such results, once additional data have been received and fully evaluated

  • NewRISKS RELATED TO PROTECTING OUR INTELLECTUAL PROPERTY

    Additionally, there are regulations for the listing of patents in the Approved Drug Products with Therapeutic Equivalence Evaluations, or the Orange Book. Some of our patents have been listed in the Orange Book

  • NewRISKS RELATED TO PROTECTING OUR INTELLECTUAL PROPERTY

    Such disputes could impair our ability to obtain patent protection or protect our proprietary information, which, in either case, could have a significant impact on our business

  • NewRISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

    Our strategic restructuring plan and the associated workforce reduction implemented in December 2025 may not result in anticipated savings and long-term value creation, could result in total costs and operating expenses that are greater than expected and could disrupt our business

  • NewRISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

    Management transition creates uncertainties and could harm our business

  • NewRISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

    Securities class action lawsuits and/or derivative lawsuits have often been brought against companies, including biotechnology and biopharmaceutical companies, that experience volatility in the market price of their securities

  • NewRISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

    3:25-cv-03356, Lerner v

  • NewRISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

    and Willis v

  • NewRISKS RELATED TO INFORMATION TECHNOLOGY SYSTEMS, DATA SECURITY AND DATA PRIVACY

    We and third parties with whom we work are subject to stringent and changing U.S. and foreign laws, regulations, rules, contractual obligations, industry standards, policies and other obligations related to data privacy and security

  • NewRISKS RELATED TO INFORMATION TECHNOLOGY SYSTEMS, DATA SECURITY AND DATA PRIVACY

    Our (or the third parties with whom we work) actual or perceived failure to comply with such obligations could lead to regulatory investigations or actions; litigation; fines and penalties; disruptions of our business operations; reputational harm; loss of revenue and profits; and other adverse business impacts

  • NewRISKS RELATED TO INFORMATION TECHNOLOGY SYSTEMS, DATA SECURITY AND DATA PRIVACY

    Our employees and personnel use generative AI technologies to perform their work, and the disclosure and use of personal data in generative AI technologies is subject to various privacy laws and other privacy obligations

  • NewRISKS RELATED TO OUR COMMON STOCK AND FINANCIAL REPORTING

    As a result, the market price of our common stock may be adversely affected

  • NewRISKS RELATED TO OUR COMMON STOCK AND FINANCIAL REPORTING

    Therefore, we cannot assure you that additional material weaknesses or significant deficiencies will not exist or otherwise be discovered in the future, particularly in light of our increased reliance on personnel working remotely

Dropped

  • DroppedRisks Related to THE Commercialization of RYTELO

    We have limited experience as a commercial company and our sales, marketing, and distribution of RYTELO may be unsuccessful or less successful than anticipated

  • DroppedRisks Related to THE Commercialization of RYTELO

    If we are unable to continue to execute on our sales, marketing and distribution plans to commercialize RYTELO, we may be unable to generate meaningful product revenue

  • DroppedRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    If, and to the extent that, we are unable to comply with these regulations, our ability to earn revenue from the commercialization of RYTELO will be materially and adversely impacted

  • DroppedRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    Our regulatory approval for RYTELO in the U.S. for lower-risk MDS is subject to post-marketing requirements and commitments, and we may be subject to penalties or product withdrawal if we fail to comply with these regulatory requirements and commitments or if we experience unanticipated problems with RYTELO

  • DroppedRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    RYTELO and affect reimbursement by third-party payors. Future regulatory clearances, if any, may be limited to a smaller patient population, or may require a different drug formulation or a different manufacturing process, than we might in the future decide to seek

  • DroppedRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    These and other risks associated with international operations may materially adversely affect our ability to attain or maintain profitable operations

  • DroppedRISKS RELATED TO COMPLIANCE WITH HEALTHCARE LAWS

    The FDA, DOJ and other regulatory authorities actively enforce regulations related to the promotion and advertisement of pharmaceutical products, and if we were found to have violated the Food, Drug and Cosmetic Act, we could be subject to significant civil, criminal and administrative penalties

  • DroppedRISKS RELATED TO COMPLIANCE WITH HEALTHCARE LAWS

    The adoption of health policy changes and healthcare reform both in the U.S. and outside the U.S. may adversely affect our business and financial results

  • DroppedRISKS RELATED TO THE FURTHER DEVELOPMENT OF RYTELO (IMETELSTAT)

    RYTELO may not receive or maintain regulatory clearances and approvals required to enable its continued development

  • DroppedRisks Related to Our OPERATING RESULTS AND Financial Position

    Our operating results are unpredictable and may fluctuate. If our operating results are below the expectations of securities analysts or investors, the trading price of our common stock could decline

  • DroppedRisks Related to our Indebtedness and ROYALTY PAYMENT OBLIGATIONS

    The terms of the Pharmakon Loan Agreement place restrictions on our operating and financial flexibility

  • DroppedRISKS RELATED TO INFORMATION TECHNOLOGY SYSTEMS, DATA SECURITY AND DATA PRIVACY

    If we fail to successfully implement or upgrade our enterprise resource planning and other information systems, our business and results of operation could be adversely impacted

  • DroppedRisks Related to Our Common Stock and Financial Reporting

    Our business could be negatively impacted by environmental, social and corporate governance, or ESG, matters or our reporting of such matters

  • DroppedRisks Related to Our Common Stock and Financial Reporting

    Changes in tax laws or regulations that are applied adversely to us or our customers may have a material adverse effect on our business, cash flow, financial condition or results of operations

Reworded

  • 87% rewrittenRISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

    We may experience additional risks related to operating outside of the U.S. that could materially adversely affect our business

  • 85% rewrittenRISKS RELATED TO OUR COMMON STOCK AND FINANCIAL REPORTING

    Provisions in our charter, bylaws and Delaware law may inhibit potential acquisition bids for us, which may adversely affect the market price of our common stock and/or prevent holders of our common stock from benefiting from what they believe may be the positive aspects of acquisitions and takeovers

  • 84% rewrittenRISKS RELATED TO THE COMMERCIALIZATION OF RYTELO

    If the market opportunities for RYTELO are smaller than we believe, our revenue may be adversely affected, and our business may suffer

  • 84% rewrittenRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    We may be unable to maintain regulatory approvals for RYTELO in the U.S. and the EU for lower-risk MDS, which would severely and adversely affect our business and business prospects, and might cause us to cease operations

    Was: We may be unable to maintain regulatory approval for RYTELO in the U.S. for lower-risk MDS, which would severely and adversely affect our business and business prospects, and might cause us to cease operations

  • 84% rewrittenRISKS RELATED TO THE COMMERCIALIZATION OF RYTELO

    If we do not maintain acceptable prices or adequate reimbursement for RYTELO, the use of RYTELO could be severely limited

    Was: If we do not obtain acceptable prices or adequate reimbursement for RYTELO, the use of RYTELO could be severely limited

  • 83% rewrittenRISKS RELATED TO REGULATORY APPROVAL OF RYTELO

    We may be unable to obtain regulatory approval to commercialize RYTELO in any other jurisdictions or for any new indications, or may experience significant delays in doing so, any of which could severely and adversely affect our business and business prospects, and might cause us to cease operations

  • 81% rewrittenRISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

    We have established subsidiaries in the United Kingdom and the Netherlands, which exposes us to additional costs and risks

  • 79% rewrittenRISKS RELATED TO PROTECTING OUR INTELLECTUAL PROPERTY

    Much of the information and know-how that is critical to our business is not patentable, and we may not be able to prevent others from obtaining this information and establishing competitive enterprises

  • 79% rewrittenRISKS RELATED TO OUR OPERATING RESULTS AND FINANCIAL POSITION

    We have a history of net losses and may not achieve consistent future profitability for some time, if ever

  • 69% rewrittenRISKS RELATED TO OUR COMMON STOCK AND FINANCIAL REPORTING

    Historically, our stock price has been extremely volatile and your investment may suffer a decline in value

  • 67% rewrittenRISKS RELATED TO PROTECTING OUR INTELLECTUAL PROPERTY

    We have a registered trademark, RYTELO, for our product and failure to maintain such trademark could adversely affect our business

  • 65% rewrittenRISKS RELATED TO THE COMMERCIALIZATION OF RYTELO

    We will be subject to pricing and reimbursement regulations in the EU, which may materially affect our ability to commercialize and receive reimbursement coverage for RYTELO in the EU

    Was: We are seeking regulatory approval to commercialize RYTELO in the EU, and any such approval, if received, will be subject to pricing, drug marketing, post-market and reimbursement regulations in the EU, which may materially affect our ability to commercialize and receive reimbursement coverage for RYTELO in the EU

  • 65% rewrittenRISKS RELATED TO OUR COMMON STOCK AND FINANCIAL REPORTING

    Failure to maintain effective internal controls in accordance with Section 404 of the Sarbanes-Oxley Act of 2002 could have a material adverse effect on our business and stock price

    Was: Failure to achieve and maintain effective internal controls in accordance with Section 404 of the Sarbanes-Oxley Act of 2002 could have a material adverse effect on our business and stock price

  • 64% rewrittenRISKS RELATED TO THE FURTHER DEVELOPMENT OF IMETELSTAT

    RYTELO may cause, or have attributed to it, undesirable or unintended side effects or other adverse events that could halt or limit its further commercialization, delay or prevent its regulatory approval in any other jurisdiction or indication, or cause us to delay or terminate our clinical trials

  • 56% rewrittenRISKS RELATED TO PROTECTING OUR INTELLECTUAL PROPERTY

    Changes in U.S. or international patent law or interpretations of such patent laws could diminish the value of our patents in general, thereby impairing our ability to protect our technologies and RYTELO

  • 52% rewrittenRISKS RELATED TO OUR INDEBTEDNESS AND ROYALTY PAYMENT OBLIGATIONS

    The Royalty Pharma Agreement places certain restrictions on our operational flexibility

  • 48% rewrittenRISKS RELATED TO PROTECTING OUR INTELLECTUAL PROPERTY

    Patent terms may be inadequate to protect our competitive position on RYTELO for an adequate amount of time

  • 45% rewrittenRISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

    Although we intend to establish potential future collaborative arrangements for RYTELO, we may be unable to establish such collaborative arrangements on acceptable terms, or at all, and may have to delay, alter or abandon commercialization or further development of RYTELO

    Was: If we seek to establish potential future collaborative arrangements for RYTELO, we may be unable to establish such collaborative arrangements on acceptable terms, or at all, and may have to delay, alter or abandon commercialization or further development of RYTELO

  • 43% rewrittenRISKS RELATED TO MANUFACTURING RYTELO (IMETELSTAT)

    If third parties that manufacture RYTELO fail to perform as needed, the commercial and clinical supply of RYTELO could be interrupted or limited, and we may be unable to successfully commercialize RYTELO or conduct or complete current or potential future clinical trials

  • 41% rewrittenRISKS RELATED TO THE COMMERCIALIZATION OF RYTELO

    To be commercially successful, RYTELO must be accepted by the healthcare community, which can be slow to adopt or unreceptive to new technologies and products

  • 31% rewrittenRISKS RELATED TO THE FURTHER DEVELOPMENT OF IMETELSTAT

    We cannot be certain that we will be able to continue to develop imetelstat or advance it in clinical trials, or that we will be able to receive regulatory approval for imetelstat in any other indications in the U.S., the EU or any other region, on a timely basis or at all

    Was: We cannot be certain that we will be able to continue to develop RYTELO or advance it in clinical trials, or that we will be able to receive regulatory approval for RYTELO in any other indications in the U.S., the EU or any other region, on a timely basis or at all

  • 26% rewrittenRISKS RELATED TO PROTECTING OUR INTELLECTUAL PROPERTY

    The validity, scope and enforceability of any patents listed in the Orange Book that cover RYTELO or its methods of use can be challenged by third parties and may not protect us from generic or innovator competition

  • 25% rewrittenRISKS RELATED TO MANUFACTURING RYTELO (IMETELSTAT)

    Each of these risks could lead to delays or shortages in drug supply, or the inability to manufacture or ship drug supply necessary for commercialization, and non-clinical and clinical activities, which could severely and adversely affect our financial results, business and business prospects

  • 25% rewrittenRISKS RELATED TO OUR INDEBTEDNESS AND ROYALTY PAYMENT OBLIGATIONS

    Our level of indebtedness and debt service obligations could adversely affect our financial condition and may make it more difficult for us to fund our operations, including by limiting our operating and financial flexibility

    Was: Our level of indebtedness and debt service obligations could adversely affect our financial condition and may make it more difficult for us to fund our operations

  • 24% rewrittenRISKS RELATED TO THE FURTHER DEVELOPMENT OF IMETELSTAT

    Our clinical trials of imetelstat could be interrupted, delayed, terminated or abandoned for a variety of reasons which could severely and adversely affect our financial results, business and business prospects

  • 23% rewrittenRISKS RELATED TO OUR OPERATING RESULTS AND FINANCIAL POSITION

    Our financial projections and estimates are subject to significant risks, assumptions, and uncertainties, and our actual results may differ materially

All 60 risk factors

Headings as the filing states them, in filing order.

RISKS RELATED TO THE COMMERCIALIZATION OF RYTELO

  1. 01If we do not maintain acceptable prices or adequate reimbursement for RYTELO, the use of RYTELO could be severely limited84% rewritten
  2. 02Therefore, coverage and adequate reimbursement are critical to market acceptance of RYTELONew
  3. 03To be commercially successful, RYTELO must be accepted by the healthcare community, which can be slow to adopt or unreceptive to new technologies and products41% rewritten
  4. 04If the market opportunities for RYTELO are smaller than we believe, our revenue may be adversely affected, and our business may suffer84% rewritten
  5. 05Future regulatory approvals for RYTELO, if any, could be conditioned upon label restrictions that materially limit the addressable patient populationNew
  6. 06We rely on a select network of third party distributors, specialty pharmacies and other vendors to distribute RYTELO in the U.S., and any failure by such distributors, specialty pharmacies and vendors could adversely affect our revenues, financial condition, or results of operations
  7. 07We will be subject to pricing and reimbursement regulations in the EU, which may materially affect our ability to commercialize and receive reimbursement coverage for RYTELO in the EU65% rewritten

RISKS RELATED TO REGULATORY APPROVAL OF RYTELO

  1. 08We may be unable to maintain regulatory approvals for RYTELO in the U.S. and the EU for lower-risk MDS, which would severely and adversely affect our business and business prospects, and might cause us to cease operations84% rewritten
  2. 09Similar requirements and related consequences apply outside the U.SNew
  3. 10We may be unable to obtain regulatory approval to commercialize RYTELO in any other jurisdictions or for any new indications, or may experience significant delays in doing so, any of which could severely and adversely affect our business and business prospects, and might cause us to cease operations83% rewritten
  4. 11Failure to obtain approval could significantly harm our business and business prospects, render our significant clinical development expenditures unrecoverable, and might cause us to cease operationsNew
  5. 12Any marketing approval that we may receive for RYTELO in any other jurisdiction or for any other indication may also be limited or subject to restrictions or post-approval commitments and requirements that increase our costs or render RYTELO not commercially viable, which would harm our business and business prospectsNew
  6. 13Similarly, in the EU, orphan market exclusivity may not effectively protect RYTELO from all competitionNew
  7. 14Any of these events may result in a failure to further develop, obtain regulatory approval for or commercialize RYTELO in any jurisdiction or in any indication other than lower-risk MDS in the U.S. and the EU, which could severely and adversely affect our business and business prospects

RISKS RELATED TO COMPLIANCE WITH HEALTHCARE LAWS

  1. 15Because of the breadth of these laws and the narrowness of the statutory exceptions and safe harbors available, it is possible that some of our business activities could be subject to challenge under one or more of such lawsNew

RISKS RELATED TO THE FURTHER DEVELOPMENT OF IMETELSTAT

  1. 16We cannot be certain that we will be able to continue to develop imetelstat or advance it in clinical trials, or that we will be able to receive regulatory approval for imetelstat in any other indications in the U.S., the EU or any other region, on a timely basis or at all31% rewritten
  2. 17Our clinical trials of imetelstat could be interrupted, delayed, terminated or abandoned for a variety of reasons which could severely and adversely affect our financial results, business and business prospects24% rewritten
  3. 18RYTELO may cause, or have attributed to it, undesirable or unintended side effects or other adverse events that could halt or limit its further commercialization, delay or prevent its regulatory approval in any other jurisdiction or indication, or cause us to delay or terminate our clinical trials64% rewritten
  4. 19Top-line or interim results and data may differ from future results of the same study, or different conclusions or considerations may qualify such results, once additional data have been received and fully evaluatedNew
  5. 20We rely on third parties to conduct our current and potential future clinical trials of imetelstat. If these third parties do not successfully carry out their contractual duties or meet expected deadlines, we may be unable to continue the development of imetelstat

RISKS RELATED TO MANUFACTURING RYTELO (IMETELSTAT)

  1. 21If third parties that manufacture RYTELO fail to perform as needed, the commercial and clinical supply of RYTELO could be interrupted or limited, and we may be unable to successfully commercialize RYTELO or conduct or complete current or potential future clinical trials43% rewritten
  2. 22Each of these risks could lead to delays or shortages in drug supply, or the inability to manufacture or ship drug supply necessary for commercialization, and non-clinical and clinical activities, which could severely and adversely affect our financial results, business and business prospects25% rewritten

RISKS RELATED TO OUR OPERATING RESULTS AND FINANCIAL POSITION

  1. 23We have a history of net losses and may not achieve consistent future profitability for some time, if ever79% rewritten
  2. 24Our financial projections and estimates are subject to significant risks, assumptions, and uncertainties, and our actual results may differ materially23% rewritten

RISKS RELATED TO OUR INDEBTEDNESS AND ROYALTY PAYMENT OBLIGATIONS

  1. 25Our level of indebtedness and debt service obligations could adversely affect our financial condition and may make it more difficult for us to fund our operations, including by limiting our operating and financial flexibility25% rewritten
  2. 26We may not have cash available in an amount sufficient to enable us to make interest or principal payments on our indebtedness when due
  3. 27The Royalty Pharma Agreement places certain restrictions on our operational flexibility52% rewritten

RISKS RELATED TO PROTECTING OUR INTELLECTUAL PROPERTY

  1. 28Obtaining and maintaining our patent rights depends on compliance with various procedural, document submission, fee payment and other requirements imposed by governmental patent agencies, and our patent protection could be reduced or eliminated for noncompliance with these requirements
  2. 29Patent terms may be inadequate to protect our competitive position on RYTELO for an adequate amount of time48% rewritten
  3. 30Additionally, there are regulations for the listing of patents in the Approved Drug Products with Therapeutic Equivalence Evaluations, or the Orange Book. Some of our patents have been listed in the Orange BookNew
  4. 31The validity, scope and enforceability of any patents listed in the Orange Book that cover RYTELO or its methods of use can be challenged by third parties and may not protect us from generic or innovator competition26% rewritten
  5. 32Changes in U.S. or international patent law or interpretations of such patent laws could diminish the value of our patents in general, thereby impairing our ability to protect our technologies and RYTELO56% rewritten
  6. 33Competitors may infringe, misappropriate or otherwise violate our patents or other intellectual property rights. To counter infringement or unauthorized use, we may be required to file and prosecute legal claims against one or more third parties, which can be expensive and time-consuming, even if ultimately successful
  7. 34We may not be able to protect our intellectual property rights in the U.S or worldwide and challenges to our owned or licensed patent rights would result in costly and time-consuming legal proceedings that could prevent or limit development or commercialization of RYTELO
  8. 35We may be subject to infringement claims that are costly to defend, and such claims may limit our ability to use disputed technologies and prevent us from pursuing research, development, manufacturing or commercialization of RYTELO
  9. 36We have a registered trademark, RYTELO, for our product and failure to maintain such trademark could adversely affect our business67% rewritten
  10. 37Such disputes could impair our ability to obtain patent protection or protect our proprietary information, which, in either case, could have a significant impact on our businessNew
  11. 38Much of the information and know-how that is critical to our business is not patentable, and we may not be able to prevent others from obtaining this information and establishing competitive enterprises79% rewritten

RISKS RELATED TO MANAGING OUR GROWTH AND OTHER BUSINESS OPERATIONS

  1. 39Our strategic restructuring plan and the associated workforce reduction implemented in December 2025 may not result in anticipated savings and long-term value creation, could result in total costs and operating expenses that are greater than expected and could disrupt our businessNew
  2. 40We may be unable to successfully retain or recruit key personnel to support the commercialization and further development of RYTELO or to otherwise successfully manage our growth
  3. 41In addition, our personnel are currently performing their duties in multiple jurisdictions, and if we are unable or fail to comply with employment, tax, benefits and other laws in such jurisdictions, we may face penalties, fines or litigation
  4. 42Management transition creates uncertainties and could harm our businessNew
  5. 43Although we intend to establish potential future collaborative arrangements for RYTELO, we may be unable to establish such collaborative arrangements on acceptable terms, or at all, and may have to delay, alter or abandon commercialization or further development of RYTELO45% rewritten
  6. 44We have established subsidiaries in the United Kingdom and the Netherlands, which exposes us to additional costs and risks81% rewritten
  7. 45We may experience additional risks related to operating outside of the U.S. that could materially adversely affect our business87% rewritten
  8. 46Securities class action lawsuits and/or derivative lawsuits have often been brought against companies, including biotechnology and biopharmaceutical companies, that experience volatility in the market price of their securitiesNew
  9. 473:25-cv-03356, Lerner vNew
  10. 48and Willis vNew
  11. 49We may be subject to third-party litigation, and such litigation would be costly to defend or pursue and uncertain in its outcome

RISKS RELATED TO INFORMATION TECHNOLOGY SYSTEMS, DATA SECURITY AND DATA PRIVACY

  1. 50We and third parties with whom we work are subject to stringent and changing U.S. and foreign laws, regulations, rules, contractual obligations, industry standards, policies and other obligations related to data privacy and securityNew
  2. 51Our (or the third parties with whom we work) actual or perceived failure to comply with such obligations could lead to regulatory investigations or actions; litigation; fines and penalties; disruptions of our business operations; reputational harm; loss of revenue and profits; and other adverse business impactsNew
  3. 52Our employees and personnel use generative AI technologies to perform their work, and the disclosure and use of personal data in generative AI technologies is subject to various privacy laws and other privacy obligationsNew

RISKS RELATED TO OUR COMMON STOCK AND FINANCIAL REPORTING

  1. 53Historically, our stock price has been extremely volatile and your investment may suffer a decline in value69% rewritten
  2. 54Provisions in our charter, bylaws and Delaware law may inhibit potential acquisition bids for us, which may adversely affect the market price of our common stock and/or prevent holders of our common stock from benefiting from what they believe may be the positive aspects of acquisitions and takeovers85% rewritten
  3. 55As a result, the market price of our common stock may be adversely affectedNew
  4. 56We do not intend to pay cash dividends on our common stock in the foreseeable future
  5. 57Our employees, independent contractors, principal investigators, clinical trial sites, CROs, consultants or vendors may engage in misconduct or other improper activities, including noncompliance with regulatory standards and requirements
  6. 58Failure to maintain effective internal controls in accordance with Section 404 of the Sarbanes-Oxley Act of 2002 could have a material adverse effect on our business and stock price65% rewritten
  7. 59Therefore, we cannot assure you that additional material weaknesses or significant deficiencies will not exist or otherwise be discovered in the future, particularly in light of our increased reliance on personnel working remotelyNew
  8. 60Our ability to use our net operating loss carryforwards and certain other tax attributes may be limited

Other Geron 10-Ks

  • FY2024 10-K risk factors
    74 risks

    Geron is a commercial-stage biopharmaceutical company wholly dependent on the success of its sole approved product, RYTELO (imetelstat). The company faces major risks regarding sales execution, manufacturing supply chains, reimbursement, and heavy indebtedness under its Pharmakon loan.

    Filed Feb 27, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.