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SELLAS Life Sciences strengthens position ahead of pivotal REGAL trial readout

Market News
02 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

SELLAS Life Sciences has transformed its shareholder base and strengthened its balance sheet, doubling institutional ownership to 36.34% and securing about $138.3 million in cash. This financial and structural improvement comes as the company approaches the critical REGAL trial readout, a key binary event that will significantly impact its future. Passive and index funds now dominate ownership, reducing volatility, while short interest has declined. The company maintains its Greater China license, providing additional strategic value post-readout.

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