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SELLAS Life Sciences to Present SLS009 Phase 1 Data from Acute Myeloid Leukemia Patients at the 2024 European School of Haematology (ESH) Conference

Key Takeaway: SELLAS Life Sciences announced the upcoming presentation of Phase 1 data from its SLS009 study targeting acute myeloid leukemia. The presentation will occur at the 2024 European School of Haematology Conference in Stockholm on March 3, 2024, led by Dr. Tapan Kadia from the MD Anderson Cancer Center. This marks a significant step in the development of SLS009, a CDK9 inhibitor, within the context of ongoing research in hematologic malignancies.
Price reaction · baseline $0.518 (2024-01-24 close) · hit after-hours · clean, no other SLS news in the window
day 0 close · peak
-2.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Presentation of Phase 1 data indicates progress in SLS009's development.
  • Potential for new treatment options for acute myeloid leukemia patients.
  • Collaboration with a reputable institution (MD Anderson Cancer Center) enhances credibility.

CONCERNS & RISKS

  • Forward-looking statements include significant risks and uncertainties.
  • Challenges associated with oncology product development and regulatory approval.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+260%
120-day peak, hindsight
Typical move
6.3%
average across 5 past catalysts
Cash runway
~54 mo
Minimal dilution risk
Lead asset
NeuVax vaccine
Phase 2 · Breast Cancer

Full Press Release Details

NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) (“SELLAS” or the “Company”), a late-stage clinical biopharmaceutical company focused on the development of novel therapies for a broad range of cancer indications, today announced that data from the acute myeloid leukemia cohort of patients in the Phase 1 dose-escalation study of SLS009 (formerly GFH009) will be presented in an oral presentation at the 2024 European School of Haematology Acute Leukaemias (ESH) Conference: 4th How to Diagnose and Treat Acute Leukaemias, taking place March 1-3, 2024, in Stockholm, Sweden.
The presentation details are below:
Title: Phase 1 Dose-Escalation Study of GFH009 in Acute Myeloid Leukemia
Session Date and Time: Sunday, March 3, 2024, at 12 pm CET
Session Title: Leukemia Treatment Challenges
Presenter: Dr. Tapan Kadia, Professor in the Department of Leukemia at The University of Texas MD Anderson Cancer Center in Houston, Texas
Abstract Number: 6192705
About SELLAS Life Sciences Group, Inc.
SELLAS is a late-stage clinical biopharmaceutical company focused on the development of novel therapeutics for a broad range of cancer indications. SELLAS’ lead product candidate, GPS, is licensed from Memorial Sloan Kettering Cancer Center and targets the WT1 protein, which is present in an array of tumor types. GPS has potential as a monotherapy and combination with other therapies to address a broad spectrum of hematologic malignancies and solid tumor indications. The Company is also developing SLS009 (formerly GFH009), a small molecule, highly selective CDK9 inhibitor, which is licensed from GenFleet Therapeutics (Shanghai), Inc., for all therapeutic and diagnostic uses in the world outside of Greater China. For more information on SELLAS, please visit www.sellaslifesciences.com.
Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts are “forward-looking statements,” including those relating to future events. In some cases, forward-looking statements can be identified by terminology such as “plan,” “expect,” “anticipate,” “may,” “might,” “will,” “should,” “project,” “believe,” “estimate,” “predict,” “potential,” “intend,” or “continue” and other words or terms of similar meaning. These statements include, without limitation, statements related to events to occur in the future. These forward-looking statements are based on current plans, objectives, estimates, expectations and intentions, and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks and uncertainties with oncology product development and clinical success thereof, the uncertainty of regulatory approval, and other risks and uncertainties affecting SELLAS and its development programs as set forth under the caption “Risk Factors” in SELLAS’ Annual Report on Form 10-K filed on March 16, 2023 and in its other SEC filings. Other risks and uncertainties of which SELLAS is not currently aware may also affect SELLAS’ forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated. The forward-looking statements herein are made only as of the date hereof. SELLAS undertakes no obligation to update or supplement any forward-looking statements to reflect actual results, new information, future events, changes in its expectations or other circumstances that exist after the date as of which the forward-looking statements were made.

Frequently Asked Questions

What is the focus of SELLAS Life Sciences Group?

SELLAS focuses on developing novel therapies for various cancer indications.

When will SLS009 data be presented at the ESH Conference?

Data from SLS009 will be presented on March 3, 2024, at 12 pm CET.

Who is presenting at the ESH Conference?

Dr. Tapan Kadia from The University of Texas MD Anderson Cancer Center will present.

What is SELLAS' lead product candidate?

SELLAS' lead product candidate is GPS, targeting the WT1 protein in tumors.

What is SLS009?

SLS009 is a selective CDK9 inhibitor developed for various therapeutic uses.

Last updated: Jan 25, 2024