Survival of patients 40 years of age with Philadelphia-negative acute lymphoblastic leukemia (ALL) remains poor with current therapeutic approaches. It is unknown whether allogeneic hematopoietic stem-cell transplantation (HSCT) in first remission confers a survival benefit compared to a chemotherapy-only approach. We retrospectively compared the outcome of patients >40 years treated with HSCT or chemotherapy alone in first remission (n 5 40 in each cohort). Three-year overall survival (OS) and diseasefree survival (DFS) were not significantly different between the chemotherapy-only and HSCT groups (OS, for the transplant group (CIR, P 5 0.011; NRM, P 5 0.014). Allogeneic transplantation for patients 40 years with Ph-negative ALL in first remission is associated with a lower CIR, but this benefit is offset by considerable NRM as compared with chemotherapy-only approach. HSCT may be beneficial in patients with high-risk disease features.