Geron Corporation Reports 2011 First Quarter Financial Results and Highlights

MENLO PARK, Calif.--(BUSINESS WIRE)--Geron Corporation (Nasdaq: GERN) today reported financial results for the three months ended March 31, 2011. For the first quarter of 2011, the company reported operating revenues of $1.5 million and operating expenses of $25.9 million, compared to $918,000 and $17.4 million, respectively, for the comparable 2010 period. Net loss for the first quarter of 2011 was $24.4 million, or $0.20 per share, compared to $16.6 million, or $0.18 per share, for the comparable 2010 period. The company ended the quarter with $207.3 million in cash and investments.

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