earnings
confidence high
sentiment positive
materiality 0.65
SELLAS FY2023 net loss $37.3M; SLS009 shows 50% response rate in r/r AML
SELLAS Life Sciences Group, Inc.
- Net loss $37.3M ($1.34/sh) vs. $41.3M ($2.13/sh) in 2022; R&D expense $24.0M.
- Cash at Dec 31, 2023: $2.5M; subsequent $9M (Jan) and $20M (Mar 2024) raised.
- Phase 2a SLS009 in r/r AML: 50% response at 30mg BIW optimal dose; 100% in biomarker patients.
- Phase 3 REGAL (GPS) enrollment completed; IDMC meeting late April; interim analysis possible in 1H2024.
- Phase 1b/2 SLS009 in PTCL top-line data expected 1H2024; first DLBCL combo patient dosed.