earnings
confidence high
sentiment neutral
materiality 0.60
SELLAS reports Q2 net loss $8.8M; AML trials on track with IDMC meeting Q3 2023
SELLAS Life Sciences Group, Inc.
2023-Q2 EPS reported
-$0.77
- Net loss $8.8M ($0.31/share) vs $8.4M ($0.41/share) in Q2 2022; cash $13.8M at June 30.
- Phase 3 REGAL (GPS) interim analysis expected late 2023/early 2024; IDMC meeting in Q3 2023.
- Phase 2a SLS009 in AML dosed; topline data expected Q4 2023; Phase 1 safety completed.
- Expects $13M milestone payments from 3D Medicines by end of Q3 2023.
- R&D expenses $5.9M (up from $5.5M) driven by GPS and SLS009 trials.