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Sellas Life Sciences (SLS) was in the spotlight on Wednesday after the biotech firm said it will present Phase 2 results for its experimental blood cancer treatment SLS009 at the 68th American Society of Hematology (ASH) Annual Meeting next month.
ASH is the premier event in hematology that has been going on for nearly 70 years.
SLS shares were down about 2% at the time of writing.
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The Phase 2 study evaluated SLS009 alongside chemotherapy drug Azacitidine and Venetoclax, a targeted therapy, in 62 patients whose leukemia had relapsed or had not responded to previous venetoclax-based treatment.
Patients with monocytic AML achieved a 54% response rate and a median survival of 5.8 months, while patients with TP53-Mutant AML achieved a 57% response rate and a median survival of 8.8 months. This compares with historical survival of about 2.5 months.
“The response rates of 57% in relapsed TP53-mutated and 54% in relapsed monocytic AML are encouraging and suggest that SLS009 acts on the biology that drives resistance,” said Joshua Zeidner, Principal Investigator and Professor of Medicine at the University of North Carolina, Lineberger Comprehensive Cancer Center.
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Sellas is also testing SLS009 in an 80-patient Phase 2 trial involving patients with newly diagnosed AML, with initial results expected in the fourth quarter (Q4) of 2026.
Last month, Sellas announced that its Phase 3 REGAL trial of Galinpepimut-S (GPS), an experimental cancer vaccine, had recorded its 80th event, referring to the number of patient deaths.
This triggered the final analysis of the 126-patient study, which evaluates whether GPS can extend survival in AML patients who achieved remission after their cancer returned. The company expects to report preliminary topline results this quarter, although it has not specified a date.
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Retail sentiment surrounding SLS on Stocktwits remained ‘extremely bullish’ over the past 24 hours.

SLS shares are up nearly 100% so far this year.
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