SELLAS Life Sciences Group, Inc., a late-stage clinical biopharmaceutical company, focuses on the development of novel therapeutics for various cancer indications in ...
SELLAS Life Sciences Group, Inc. is a Nasdaq-listed clinical-stage biotechnology company focused on developing therapies for cancer and other serious oncology indications. The company is headquartered at 7 Times Square in New York City and operates with a small corporate and development organization of approximately 13 employees. Angelos M. Stergiou, ...SELLAS Life Sciences Group, Inc. is a Nasdaq-listed clinical-stage biotechnology company focused on developing therapies for cancer and other serious oncology indications. The company is headquartered at 7 Times Square in New York City and operates with a small corporate and development organization of approximately 13 employees. Angelos M. Stergiou, MD, ScD h.c., is the company’s founder, President, Chief Executive Officer, and a member of its board of directors. Public company materials identify 2012 as the company’s founding year, although historical corporate and listing records may reference earlier predecessor or public-market dates.
SELLAS’s lead development program is galinpepimut-S, commonly called GPS. GPS is an immunotherapeutic peptide designed to target Wilms tumor 1, or WT1, an antigen expressed in multiple cancers. The program is intended to stimulate an immune response against tumor cells and has been evaluated across hematologic malignancies and solid tumors. SELLAS has described a strategic collaboration with Merck & Co. to evaluate GPS in combination with pembrolizumab, a PD-1 immune checkpoint inhibitor, in a Phase 1/2 clinical trial covering multiple cancer indications. The company also has a strategic relationship with Memorial Sloan Kettering Cancer Center relating to WT1 peptide-vaccine technology.
A second major program is SLS009, also known as tambiciclib. SLS009 is a selective small-molecule inhibitor of cyclin-dependent kinase 9, or CDK9. The program is being developed for oncology applications, including diseases in which CDK9 biology may contribute to cancer-cell survival and resistance mechanisms. SELLAS has also reported a collaboration with GenFleet Therapeutics (Shanghai), Inc. concerning the development and commercialization of GFH009, a related CDK9-focused program.
As a clinical biopharmaceutical company, SELLAS’s primary activities are research, clinical-trial execution, regulatory development, intellectual-property management, and partnership work rather than commercial manufacturing. It does not have a conventional consumer-product bill of materials, and detailed manufacturing costs, unit economics, and commercial product margins are not meaningfully available from the supplied information. Clinical-stage biotech expenditures are typically concentrated in research and development, contract research organizations, trial sites, drug manufacturing, regulatory activities, and general corporate operations.
The supplied trailing-period financial indicators show no meaningful reported product sales, negative operating cash flow, and continuing development-stage losses. The company reported a strong current ratio and relatively low debt compared with its market capitalization, but it remains dependent on financing, licensing, partnerships, and successful clinical and regulatory outcomes. Key risks include clinical-trial failure, delays, safety findings, regulatory rejection, dilution from future capital raises, competition from other oncology treatments, and the need to secure sufficient funding. SELLAS’s principal strategic objective is to advance GPS and SLS009 through clinical development and, if successful, obtain regulatory approvals and commercial partnerships that can support future oncology product revenues.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$0
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Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-26.9M
+13.0%
-14.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
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Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
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Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
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Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-28.4M
+19.8%
+14.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
1.4%
-86.6%
-34.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
10.72x
+524.3%
+9.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.