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SELLAS Life Sciences Soars 7.94% on $20M Offering, GPS Trial Progress
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, May 27, 2025 9:06 am ET1min read
On May 27, 2025,
experienced a significant rise of 7.94% in pre-market trading, indicating strong investor interest and potential for further growth.SELLAS Life Sciences recently announced a $20 million registered direct offering and concurrent private placement with institutional investors. This financial move is expected to bolster the company's resources, enabling it to advance its clinical trials and research initiatives.
The company's GPS trial for leukemia treatment has shown promising results, advancing unmodified after a strong interim analysis. This development signals a potential breakthrough in leukemia treatment, which could significantly impact the company's future prospects and investor confidence.
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