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SELLAS Life Sciences Enters Agreement with IMPACT-AML to Expand SLS009 Clinical Program into Europe

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SELLAS Life Sciences (NASDAQ: SLS) entered an agreement with IMPACT-AML to expand the SLS009 clinical program into Europe, leveraging the IMPACT-AML STREAM platform and EU Mission Cancer network.

The collaboration plans U.S. enrollment of SLS009 plus azacitidine and venetoclax (AZA/VEN) in newly diagnosed, high-risk AML in Q1 2026, with European site initiation anticipated in Q2 2026, subject to regulatory and site readiness. The European study is planned to enroll approximately 40 patients. SELLAS describes the arrangement as capital-efficient and intended to broaden and accelerate patient access and enrollment.

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Positive

  • Access to IMPACT-AML pan-European network for site activation
  • Planned U.S. enrollment start in Q1 2026
  • Planned European initiation in Q2 2026
  • European study planned to enroll approximately 40 patients
  • Combination study uses established AZA/VEN backbone with SLS009

Negative

  • European start contingent on regulatory and site readiness
  • Planned enrollment (~40 patients) is limited in scale

News Market Reaction

-0.96%
22 alerts
-0.96% News Effect
-14.7% Trough in 27 hr 43 min
-$6M Valuation Impact
$628M Market Cap
0.4x Rel. Volume

On the day this news was published, SLS declined 0.96%, reflecting a mild negative market reaction. Argus tracked a trough of -14.7% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $6M from the company's valuation, bringing the market cap to $628M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Planned enrollment: approximately 40 patients U.S. enrollment start: Q1 2026 European enrollment start: Q2 2026 +5 more
8 metrics
Planned enrollment approximately 40 patients European SLS009 frontline AML study with AZA/VEN
U.S. enrollment start Q1 2026 Newly diagnosed high-risk AML SLS009 + AZA/VEN trial
European enrollment start Q2 2026 Frontline high-risk AML SLS009 + AZA/VEN trial
Current price $4.15 Pre-news trading level vs 52-week high $5.1765
52-week range $0.8505–$5.1765 SLS trading 387.95% above 52-week low
Q3 2025 net loss $6.8M GAAP net loss for quarter ended Sept 30, 2025
Cash and cash equivalents $44.3M Balance as of Sept 30, 2025 from 10-Q filing
Warrant proceeds $31.0M Gross proceeds from Oct 27, 2025 warrant exercise

Market Reality Check

Price: $3.98 Vol: Volume 7,764,804 is at 0....
low vol
$3.98 Last Close
Volume Volume 7,764,804 is at 0.56x the 20-day average of 13,986,644, indicating subdued activity pre‑announcement. low
Technical Trading above the 200-day MA at 1.84, with price at 4.15 and about 19.83% below the 52-week high.

Peers on Argus

SLS was up 0.97% while peers were mixed: ELTX +0.91%, TNYA +1.2%, TRDA +5.55%, b...

SLS was up 0.97% while peers were mixed: ELTX +0.91%, TNYA +1.2%, TRDA +5.55%, but TLSA -1.46% and CGTX -2.72%, indicating stock-specific dynamics rather than a broad biotech move.

Historical Context

5 past events · Latest: Dec 29 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 29 Phase 3 trial update Neutral +16.7% REGAL Phase 3 AML trial neared 80-event OS trigger with 72 events.
Dec 07 Phase 2 data Positive +4.6% SLS009 plus AZA/VEN showed 46% ORR and favorable survival in AML-MR.
Nov 12 Q3 2025 earnings Neutral -1.3% Reported Q3 loss, cash of $44.3M, and outlined AML trial plans.
Nov 03 Data presentation notice Neutral -1.6% Announced upcoming ASH presentation of SLS009 Phase 2 AML data.
Oct 27 Warrant inducement Negative -2.5% Warrant exercises for $31M gross proceeds with new warrants issued.
Pattern Detected

Recent SLS news shows strong positive reactions to AML trial progress while financing and neutral updates have produced modest or negative moves, suggesting investors are highly sensitive to clinical milestones.

Recent Company History

Over the past few months, SELLAS highlighted multiple AML-focused milestones. A Phase 3 REGAL trial update on Dec 29, 2025 noted 72 of the required 80 overall survival events and drove a 16.72% gain. Positive Phase 2 SLS009 data in relapsed/refractory AML-MR, with a 46% ORR in 35 patients, lifted shares 4.6%. Q3 2025 financials showed a GAAP net loss of $6.8M and cash of $44.3M, supported by warrant-related proceeds. A warrant inducement on Oct 27, 2025 raised about $31.0M. Today’s Europe-focused SLS009 expansion connects directly to this ongoing AML development arc.

Regulatory & Risk Context

Active S-3 Shelf
Shelf Active
Active S-3 Shelf Registration 2025-10-10

An effective Form S-3 shelf filed on 2025-10-10 registers multiple common share blocks, including shares underlying existing warrants, enabling registered resales by holders through various methods. The shelf remains active through 2028-10-10 and has been utilized at least once via a 424B5 filed on 2025-10-27.

Market Pulse Summary

This announcement extends the SLS009 program into frontline high-risk AML, adding a European study o...
Analysis

This announcement extends the SLS009 program into frontline high-risk AML, adding a European study of about 40 patients and aligning with prior plans for U.S. enrollment in Q1 2026. It builds on earlier Phase 2 data in relapsed/refractory AML-MR and follows recent financing steps that strengthened cash resources. Investors may watch execution on trial timelines, enrollment across IMPACT-AML sites, and updates on the Phase 3 REGAL GPS study to gauge how this broader AML strategy develops.

Key Terms

acute myeloid leukemia, cdk9 inhibitor, azacitidine, venetoclax
4 terms
acute myeloid leukemia medical
"initiative dedicated to advancing innovative treatments for patients with acute myeloid leukemia (AML)."
A fast‑moving blood cancer that starts in the bone marrow and crowd out healthy blood cell production, leaving the body short of normal red cells, white cells and platelets. It matters to investors because the disease creates urgent medical need, drives demand for new diagnostics and treatments, and so clinical trial results, regulatory decisions and drug pricing can rapidly change the commercial prospects and valuation of companies working on therapies.
cdk9 inhibitor medical
"evaluating SLS009, a highly selective CDK9 inhibitor, enabling access to multiple European clinical sites"
A CDK9 inhibitor is a drug that blocks the action of the cellular enzyme CDK9, which acts like a control switch for making certain short‑lived proteins that cells need to survive and multiply. For investors, it matters because these drugs are being developed to shut down critical survival pathways in cancers and some viral infections—think of cutting power to a factory assembly line to halt production—which can drive trial results, regulatory decisions, and company value.
azacitidine medical
"evaluate SLS009 in combination with azacitidine and venetoclax (AZA/VEN) in patients"
Azacitidine is a prescription cancer drug that helps restore normal control of cell growth by reactivating genes turned off in certain blood cancers and bone marrow disorders; think of it like a reset switch for a damaged cellular control system. It matters to investors because regulatory approvals, clinical trial results, dosing changes, or generic competition can materially affect a drug maker’s sales, future earnings and risk profile.
venetoclax medical
"evaluate SLS009 in combination with azacitidine and venetoclax (AZA/VEN) in patients"
Venetoclax is an oral prescription medicine that blocks a protein cancer cells use to avoid death, causing those cells to self-destruct. Investors watch it because clinical trial results, regulatory approvals, pricing, and sales determine revenue potential and partnership value for companies that develop or sell the drug; think of trial readouts and approvals as gatekeepers that can rapidly change a company’s future cash flow and stock price.

AI-generated analysis. Not financial advice.

  • Supports capital-efficient expansion of the SLS009 clinical program into frontline AML, enabling broader U.S. and European patient enrollment 
  • U.S. enrollment evaluating SLS009 in combination with AZA/VEN in newly diagnosed AML with high-risk features is planned for Q1 2026, with European enrollment anticipated in Q2 2026 

NEW YORK, Jan. 14, 2026 (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 it has entered into an agreement with IMPACT-AML, a European collaborative initiative dedicated to advancing innovative treatments for patients with acute myeloid leukemia (AML). Under the agreement, the IMPACT-AML network will conduct a clinical study evaluating SLS009, a highly selective CDK9 inhibitor, enabling access to multiple European clinical sites and patients.

IMPACT-AML is a pan-European project and builds an inclusive clinical network (STREAM platform) that connects patients, clinicians, and researchers to test novel AML therapies and improve patient outcomes (https://impactaml.eu/). It is part of the prestigious EU Mission Cancer program and a top-tier scientific cluster. The IMPACT-AML project is led by a consortium of major research and clinical institutions in Europe, including IRST (IRCCS Istituto Romagnolo per lo Studio dei Tumori “Dino Amadori”), the University of Bologna, IIS LA FE (Health Research Institute Hospital La Fe), several European AML collaborative groups, and supranational organizations under the umbrella of the European Leukemia Net (ELN), as well as various university hospitals across Europe. By leveraging IMPACT-AML’s existing infrastructure and expertise, SELLAS expects to expand European patient access to SLS009 in a highly cost-efficient manner while supporting broader participation across the clinical program.

“This is a highly meaningful milestone for SELLAS and for the SLS009 program,” said Angelos Stergiou, M.D., Sc.D., President and Chief Executive Officer of SELLAS. “Gaining access to the IMPACT-AML framework represents strong external validation of SLS009 and reflects the growing recognition of SLS009’s potential in addressing critical unmet needs in AML. Importantly, this collaboration allows us to efficiently expand our clinical program into Europe by leveraging an established infrastructure, significantly improving capital efficiency while supporting broader and faster patient enrollment as we advance the program into frontline AML.”

The collaboration is expected to support the continued execution of the SLS009 clinical program as SELLAS advances into frontline AML. The study in Europe is planned to enroll approximately 40 patients to evaluate SLS009 in combination with azacitidine and venetoclax (AZA/VEN) in patients with newly diagnosed AML with high-risk features. Enrollment in the first part of the trial for newly diagnosed patients is expected to begin at U.S. sites in Q1 2026, followed by initiation at European sites in Q2 2026, subject to regulatory and site readiness.

“IMPACT-AML is committed to accelerating access to promising new therapeutic approaches for patients with AML who face limited treatment options,” said IMPACT-AML Scientific Coordinator, Dr. Giovanni Martinelli. “We are pleased to collaborate with SELLAS and support the evaluation of SLS009 within our European network, consistent with our mission to facilitate efficient, high-quality clinical research in AML.”

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 the 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 (tambiciclib) - potentially the first and best-in-class differentiated small molecule CDK9 inhibitor with reduced toxicity and increased potency compared to other CDK9 inhibitors. Data suggests that SLS009 demonstrated a high response rate in AML patients with unfavorable prognostic factors including ASXL1 mutation, commonly associated with poor prognosis in various myeloid diseases. 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 the GPS clinical development program, including the REGAL study and the timing of future milestones related thereto. 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 20, 2025 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.

Investor Contact

John Fraunces

Managing Director

LifeSci Advisors, LLC

jfraunces@lifesciadvisors.com


FAQ

What did SELLAS (SLS) announce about SLS009 and IMPACT-AML on January 14, 2026?

SELLAS announced an agreement with IMPACT-AML to expand the SLS009 clinical program into Europe and access the STREAM platform.

When will SLS009 enrollment begin in the U.S. and Europe for SLS (NASDAQ: SLS)?

U.S. enrollment is planned for Q1 2026, with European site initiation anticipated in Q2 2026, subject to regulatory and site readiness.

How many patients will the European SLS009 study enroll for SLS (SLS)?

The European study is planned to enroll approximately 40 patients to evaluate SLS009 with azacitidine and venetoclax.

What treatment combination will SELLAS test with SLS009 in the frontline AML study?

SLS009 will be evaluated in combination with azacitidine and venetoclax (AZA/VEN) in newly diagnosed high-risk AML.

How does the IMPACT-AML collaboration affect SELLAS's capital efficiency?

SELLAS expects to expand European patient access in a highly cost-efficient manner by leveraging IMPACT-AML's existing infrastructure.
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