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SELLAS to Participate in Maxim Group Healthcare Virtual Conference

Key Takeaway: SELLAS Life Sciences Group, Inc. announced that its CEO, Angelos Stergiou, will participate in the Maxim Group Healthcare Virtual Conference on June 21, 2023. The company focuses on novel cancer therapies, including its lead product candidate galinpepimut-S, which targets the WT1 protein found in various tumors. Additionally, they are developing GFH009, a selective CDK9 inhibitor, for therapeutic use worldwide outside Greater China. However, the company acknowledges potential risks and uncertainties related to product development and regulatory approvals in its forward-looking statements.
Price reaction · baseline $1.65 (2023-06-12 close) · hit after-hours · 1 other SLS headline(s) in the window, move may be shared
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Market Sentiment Analysis

POSITIVE FACTORS

  • SELLAS has been invited to participate in a prominent healthcare conference.
  • The company's lead product candidate shows potential for various cancer treatments.
  • SELLAS is actively developing innovative therapeutics with significant market potential.

CONCERNS & RISKS

  • The forward-looking statements contain significant risks and uncertainties.
  • There is uncertainty regarding regulatory approval for their products.
  • Actual results may differ materially from anticipated outcomes.

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, June 13, 2023 (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 Angelos Stergiou, MD, ScD h.c., President and Chief Executive Officer of SELLAS, has been invited to participate in a fireside chat at the Maxim Group Healthcare Virtual Conference Part II, presented by Maxim Group LLC and hosted by M-Vest, taking place June 20-22, 2023.
Event: Maxim Group Healthcare Virtual Conference Part II
Date: Wednesday June 21, 2023
Register here to view the live event.
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, galinpepimut-S (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 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 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 company is hosting the virtual conference?

The virtual conference is hosted by Maxim Group LLC and M-Vest.

When is the Maxim Group Healthcare Virtual Conference?

The conference is scheduled for June 20-22, 2023, with a presentation on June 21.

What is SELLAS Life Sciences focused on?

SELLAS is focused on developing novel therapies for various cancer indications.

What is SELLAS' lead product candidate?

SELLAS' lead candidate is galinpepimut-S (GPS), targeting the WT1 protein.

What additional drug is SELLAS developing?

SELLAS is also developing GFH009, a selective CDK9 inhibitor.

Last updated: Jun 13, 2023