An 11-year-old boy was admitted because he has lost approximately 7 kg in weight in the last 30 days. On admission his blood counts were as follows. White blood cells 21,950/µL, with eosinophils 13,762/µL Hemoglobin 11.9 g/dL Platelets 237,000/µL A diagnosis of Acute lymphoid leukemia was made based on the peripheral smear and flow cytometric evaluation. Further cytogenetic evaluation was positive for t(5;14). Which of the following statements is true regarding this condition?