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Galera Therapeutics

  • Madan Jagasia headshot.
    Commerce

    Malvern-based Galera Therapeutics to Be Acquired In Reverse Merger 

    April 17, 2026

    Malvern-based Galera Therapeutics will be acquired by Obsidian Therapeutics in an all-stock reverse merger, writes John George for the Philadelphia Business Journal.  The two companies have secured a $350 million private…

  • Lab with purple walls.
    Pharma & Biotech

    Doylestown’s Aprea Therapeutics Names Industry Veteran as Chief Medical Advisor

    February 17, 2026

    Doylestown-based Aprea Therapeutics has named Eugene Kennedy, MD, as chief medical advisor, adding a seasoned leader in oncology drug development to its executive team. Aprea…

  • Women in lab inspecting things.
    Pharma & Biotech

    Malvern-Based Galera Therapeutics Sells Drug Portfolio for Up to $105 Million

    October 24, 2025

    Following an FDA setback, Malvern-based Galera Therapeutics is selling its drug portfolio to the Canadian biotechnology firm Biossil in a deal that has been valued…

  • Scientist working in bio tech lab.
    Pharma & Biotech

    Malvern-based Galera Therapeutics Secures New Lease on Life with Acquirement Underway

    January 4, 2025

    Four months after its board of directors began dissolving the company, Galera Therapeutics secured a lifeline by acquiring Nova Pharmaceuticals, a privately held biotechnology firm,…

  • Dr. Mel Sorensen
    Pharma & Biotech

    One Year After FDA Rejects Its Lead Candidate, Malvern-based Galera Therapeutics Moves to Dissolve

    August 27, 2024

    Malvern-based Galera Therapeutics is moving forward with a plan to shut down the company and liquidate all of its assets, writes John George for the…

  • woman working in lab
    Pharma & Biotech

    Malvern-Based Galera Therapeutics Exploring Ways to Remain Afloat

    May 16, 2024

    Malvern-based Galera Therapeutics is continuing to explore alternatives that would allow it to persevere, writes John George for the Philadelphia Business Journal. Earlier this week,…

  • woman undergoing radiotherapy
    Pharma & Biotech

    Malvern-based Galera Therapeutics Looks for Ways to Stay Afloat with Help from Third Party 

    November 7, 2023

    After failing to convince the Food and Drug Administration that there is no need for additional testing for its lead new drug candidate, Malvern-based Galera…

  • Dr. Mel Sorensen, president and CEO of Galera Therapeutics.
    Pharma & Biotech

    Malvern-Based Biopharma Company Expects to Close $30 Million Direct Stock Offering

    February 16, 2023

    Malvern-based Galera Therapeutics is expecting to raise $30 million from a direct stock offering by the end of the week, writes John George for the…

  • Economic Development

    As Stock Market Hits Low Point, These Chester County Companies Saw Their Stocks Drop the Most

    June 19, 2022

    At the start of the week, the stock market entered bear territory for the first time since 2020, further pushing down many local companies that…

  • man holding tablet
    Pharma & Biotech

    Stock of Malvern-Based Biopharmaceutical Company Takes a Dive After Disappointing Trial for Its Lead Therapy

    October 21, 2021

    Malvern-based Galera Therapeutics’ stock fell by more than 70 percent after the biopharmaceutical firm announced that its cancer drug candidate did not meet its primary…

  • Galera CEO Dr. Mel Sorensen
    Pharma & Biotech

    Malvern’s Galera Therapeutics in Line for $37.5 Million Payday

    June 29, 2021

    Malvern-based Galera Therapeutics recently triggered a $37.5 million payment by completing enrollment for a late-stage study of Avasopasem. John George reported on the new drug…

  • Pharma & Biotech

    Malvern’s Galera Therapeutics Developing Solutions to Improve Treatment, Outcomes for Cancer Patients

    February 17, 2020

    Malvern-based Galera Therapeutics is developing solutions that are reducing the negative side effects of radiation therapy and helping to improve treatment and outcomes for cancer…

  • Pharma & Biotech

    Buoyed by Drug to Fight Radiation Sickness in Cancer Patients, Malvern’s Galera Therapeutics Goes Public

    November 13, 2019

    At $12 a share, Malvern-based Galera Therapeutics raised $60 million in its initial public offering and is now trading under the GRTX symbol on the…

  • Commerce, Exton, Malvern, West Chester

    Chester County Briefly: March 9

    March 9, 2018

    Fox Rothschild The firm has announced that its Emerging Companies & Venture Capital practice group has been recognized in the 2018 Chambers USA guide in…

  • Commerce

    Chester County Briefly: December 2

    December 2, 2016

    Valley Forge Educational Services The Malvern-based Valley Forge Educational Services, which offers a continuum of school-year and summer educational programs and integrated clinical services, has…

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