Impaired DNA synthesis → cytoplasm matures faster than nucleus → ineffective erythropoiesis and macrocytosis; due to folate or B12 deficiency
✓ folate and vitamin B12, ↑ LDH & indirect bilirubin (due to ineffective erythropoiesis)
Smear: neutrophil hypersegmentation, macro-ovalocytes, anisocytosis, poikilocytosis