Private company

Galera Therapeutics, Inc.

American pharmaceutical preparations company based in Malvern1

In its 2026 annual report the company says: “We are a biopharmaceutical company that historically was focused on developing a portfolio of small molecule superoxide dismutase (SOD) mimetics to improve radiotherapy in cancer, primarily by reducing one of the most common side effects of radiotherapy, severe oral mucositis (SOM).”4

Last updated Oct 21, 2026.

Overview

  • IndustryPharmaceutical Preparations1
  • HeadquartersMalvern, Pennsylvania1
  • Incorporated inDE2
  • Business address101 Lindenwood Drive, Suite 225, Malvern, Pa 193552
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

We are a biopharmaceutical company that historically was focused on developing a portfolio of small molecule superoxide dismutase (SOD) mimetics to improve radiotherapy in cancer, primarily by reducing one of the most common side effects of radiotherapy, severe oral mucositis (SOM). In October 2025 we sold our assets related to avasopasem and rucosopasem and all other dismutase mimetics assets to Biossil, Inc. (Biossil), a privately-held company based in Toronto, Canada. In connection with selling these assets, we assigned and Biossil assumed all rights and obligations under the Royalty Agreement with Blackstone Life Sciences (Blackstone), as described below. We received consideration from Biossil in the form of an upfront payment of $3.5 million and are eligible to receive further payments upon the achievement of future regulatory and commercial milestones and we received contingent val…4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Operating income5678910-$2.5M in 2025−95% since 2019
-$80.0M-$60.0M-$40.0M-$20.0M02019: -$50.7M-$50.7M20192020: -$70.6M-$70.6M2020+39%2021: -$73.4M-$73.4M2021+4%2022: -$51.2M-$51.2M2022−30%2023: -$49.3M-$49.3M2023−4%2024: -$20.2M-$20.2M2024−59%2025: -$2.5M-$2.5M2025−87%
Net income5678910$149.0M in 2025
-$100.0M0$100.0M$200.0M2019: -$51.9M-$51.9M20192020: -$74.2M-$74.2M2020+43%2021: -$80.5M-$80.5M2021+9%2022: -$62.2M-$62.2M2022−23%2023: -$59.1M-$59.1M2023−5%2024: -$19.0M-$19.0M2024−68%2025: $149.0M$149.0M2025
Fiscal year20192020202120222023202420252026
Research and development$42.3M5$54.8M6$52.4M7$31.0M8$24.1M9$3.2M10$349.0K10
Operating income-$50.7M5-$70.6M6-$73.4M7-$51.2M8-$49.3M9-$20.2M10-$2.5M10
Interest$3.0M5$4.9M6$7.2M7$11.6M8$11.4M9$010$010
Income before tax-$80.5M7-$62.3M8-$59.1M9-$19.2M10$149.0M10
Income tax-$9.0K5-$16.0K6$07$70.0K8$09-$203.0K10$010
Net income-$51.9M5-$74.2M6-$80.5M7-$62.2M8-$59.1M9-$19.0M10$149.0M10
Earnings per share-$1.339-$0.3410$0.6410
Earnings per share (diluted)-$1.339-$0.3410$0.6410
Shares (weighted, basic)44.5M shares954.6M shares1098.5M shares10
Shares (weighted, diluted)44.5M shares954.6M shares1098.5M shares10

Compare Galera Therapeutics, Inc. with another company

Corporate structure

Galera Therapeutics, Inc. sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Galera Therapeutics, Inc.

  • Galera Therapeutics, Inc. Malvern, Pennsylvania
    • Galera Labs, LLC Subsidiary · Missouri, United States
    • Nova Pharmaceuticals Operating, LLC Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Galera Therapeutics, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$09 Dec 31, 2024$530.0K9 Dec 31, 2023−100.0%
Accumulated depreciation$09 Dec 31, 2024$459.0K9 Dec 31, 2023−100.0%
Property and equipment, net$09 Dec 31, 2024$71.0K9 Dec 31, 2023−100.0%
Operating-lease assets (leased space)$09 Dec 31, 2024$1.2M9 Dec 31, 2023−100.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$6.4M10 Dec 31, 2025$8.3M10 Dec 31, 2024−23.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$09 Dec 31, 2024$881.0K9 Dec 31, 2023−100.0%
Indefinite-lived intangibles (excluding goodwill)$09 Dec 31, 2024$2.3M9 Dec 31, 2023−100.0%

Properties, in its own words

Our principal office is located at 101 Lindenwood Drive, Suite 225, Malvern, Pennsylvania 19355, where we lease office space under a month-to-month lease.

Item 2 of the 10-K filed Mar 19, 2026.4

Leadership

Who has led Galera Therapeutics, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Mel Sorensen2019–now

Chief financial officer

  1. Chris Degnan2019–2023

Chief operating officer

  1. Robert A. Beardsley2019–2023
20202025
Board members and other officers (14)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorMichael R. Friedman named Jan 13, 2025 to Jan 14, 202530

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Galera Labs, LLC Missouri, United States3
  • Nova Pharmaceuticals Operating, LLC Delaware, United States3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 4, 20268-K Entered a material agreement; Completed an acquisition or sale; Listing notice or transfer31
  2. Jul 31, 20268-K Unregistered sale of shares; Regulation FD disclosure32
  3. Jul 13, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed33
  4. Jul 7, 20268-K Other events34
  5. May 19, 20268-K Other events35
  6. May 15, 20268-K Bylaws or fiscal year changed36
  7. May 11, 20268-K Shareholder vote37
  8. Apr 14, 20268-K Entered a material agreement; Unregistered sale of shares; Change in control38
  9. Apr 9, 20268-K Other events39
  10. Apr 3, 20268-K Other events40
  11. Feb 18, 20268-K Bylaws or fiscal year changed41
  12. Feb 12, 20268-K Executive or director change42
  13. Nov 6, 2019New chief executive Mel Sorensen becomes CEO14

Calendar

When it reported results

  1. Aug 14, 2024Reported quarterly or annual results43
  2. May 13, 2024Reported quarterly or annual results44
  3. Mar 28, 2024Reported quarterly or annual results45
  4. Nov 14, 2023Reported quarterly or annual results46
  5. Oct 31, 2023Reported quarterly or annual results47
  6. Aug 14, 2023Reported quarterly or annual results48
  7. Aug 10, 2023Reported quarterly or annual results49
  8. May 11, 2023Reported quarterly or annual results50

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

211 filings to the SEC since October 2021: 5 annual reports, 14 quarterly reports, 56 major events, 67 insider forms, 30 large holders, 2 private raises, 37 other. The latest 20:

  1. Aug 14, 2026SCHEDULE 13G/A EDGAR
  2. Aug 7, 2026EFFECT EDGAR
  3. Aug 5, 20264 EDGAR
  4. Aug 5, 20264 EDGAR
  5. Aug 5, 20264 EDGAR
  6. Aug 5, 20264 EDGAR
  7. Aug 5, 20264 EDGAR
  8. Aug 5, 20264 EDGAR
  9. Aug 4, 202615-12G EDGAR
  10. Aug 4, 2026POS AM EDGAR
  11. Aug 4, 2026S-8 POS EDGAR
  12. Aug 4, 2026S-8 POS EDGAR
  13. Aug 4, 20268-K EDGAR
  14. Jul 31, 20268-K EDGAR
  15. Jul 13, 2026DEFA14C EDGAR
  16. Jul 13, 20268-K EDGAR
  17. Jul 7, 2026DEFA14C EDGAR
  18. Jul 7, 20268-K EDGAR
  19. Jul 2, 2026DEFM14C EDGAR
  20. Jun 11, 2026SCHEDULE 13D EDGAR

The 211 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

22 open-market trades by officers, directors and large owners since October 2021: 14 buys and 8 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Nov 20, 2025Sorensen MelPresident and CEOSale70,000$0.02$1.4KForm 4
Dec 30, 2024CHANG NANCY TDirectorBuy7,644,932$0.07$535.1KForm 4
Aug 16, 2024Sorensen MelPresident and CEOSale67,015$0.07$4.7KForm 4
Apr 19, 2024Schneid Yair10% ownerBuy100,000$0.19$19.0KForm 4
Apr 18, 2024Schneid Yair10% ownerBuy547,600$0.20$108.3KForm 4
Apr 17, 2024Schneid Yair10% ownerBuy1,814,657$0.22$403.1KForm 4
Mar 28, 2024Altamont Pharmaceutical Holdings, LLC10% ownerSale693,076$0.15$104.0KForm 4
Mar 27, 2024Altamont Pharmaceutical Holdings, LLC10% ownerSale306,924$0.17$52.2KForm 4
Mar 26, 2024Altamont Pharmaceutical Holdings, LLC10% ownerSale2,000,000$0.20$400.0KForm 4
Mar 25, 2024Altamont Pharmaceutical Holdings, LLC10% ownerSale780,000$0.22$171.6KForm 4
Mar 22, 2024Altamont Pharmaceutical Holdings, LLC10% ownerSale20,000$0.23$4.6KForm 4
Feb 8, 2024Schneid Yair10% ownerBuy150,000$0.17$25.5KForm 4
Feb 7, 2024Schneid Yair10% ownerBuy175,000$0.17$29.8KForm 4
Feb 6, 2024Schneid Yair10% ownerBuy25,000$0.20$5.0KForm 4
Feb 5, 2024Schneid Yair10% ownerBuy97,402$0.18$17.5KForm 4
Jan 30, 2024Schneid Yair10% ownerBuy335,000$0.18$60.3KForm 4
Jan 29, 2024Schneid Yair10% ownerBuy150,000$0.18$27.0KForm 4
Jan 11, 2024Altamont Pharmaceutical Holdings, LLC10% ownerSale400,000$0.23$92.0KForm 4
Mar 16, 2023Bachleda MarkChief Commercial OfficerBuy11,000$2.25$24.8KForm 4
Mar 13, 2023Degnan ChrisChief Financial OfficerBuy10,000$1.96$19.6KForm 4

All 22 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025J. Mel SorensenM.D.,69$619.5K$747.8K70
2025Joel Sussman77$336.0K$408.1K70
2024President and Chief Executive Officer$619.5K$633.3K70
2024Chief Accounting OfficerTreasurer and Secretary$336.0K$349.4K70

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$5.6M 2024–2024
Money received by yearMoney received by year, 2024–2024: $5.6M in all. Private raises (Form D) $5.6M.$0$2M$4M$6M2024 · Private raises (Form D): $5.6M2024
Figures by year
YearPrivate raises (Form D)Total
2024$5.6M$5.6M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Dec 30, 2024Raised $2.7 million in a private offering of equity71 Form D: 18 investors so far Form D
  2. Dec 30, 2024Raised $2.9 million in a private offering of equity30 Form D: 8 investors so far Form D

SEC filer profile

How Galera Therapeutics, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGalera Therapeutics, Inc.1
  • CIK0001563577
  • Employer ID (EIN)46-14548984
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2834 Pharmaceutical Preparations1
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
  • Business address101 Lindenwood Drive, Suite 225, Malvern, PA 193551
  • Phone610-725-15001
  • Shares outstanding160,429,783 as of May 12, 202613
  • Public float$1.5M as of Jun 30, 20254
  • AuditorKPMG LLP, Philadelphia, Pennsylvania PCAOB ID 185; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceDec 10, 20121
  • Filings373 in all: 4 (115), 8-K (76), 3 (34), 10-Q (20), SC 13G/A (18), SC 13G (16), 425 (12), 10-K (7)1
    All 45 form types

    D (7), DEF 14A (7), CORRESP (4), DEFA14A (4), DRS/A (3), EFFECT (3), SC 13D/A (3), SCHEDULE 13D (3), UPLOAD (3), 144 (2), 8-A12B (2), ARS (2), DEFA14C (2), DRSLTR (2), PRE 14A (2), S-8 (2), S-8 POS (2), SC 13D (2), SEC STAFF LETTER (2), 15-12G (1), 25-NSE (1), 4/A (1), 424B4 (1), 424B5 (1), 5 (1), 8-K/A (1), CERT (1), DEFM14C (1), DRS (1), NT 10-Q (1), POS AM (1), S-1 (1), S-1/A (1), S-3 (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 19, 2026
    Quarterly report (10-Q) May 14, 2026
    Proxy statement (DEF 14A) Apr 20, 2026
    Latest 8-K (8-K) Aug 4, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock,GRTX

From the cover page of the 10-K filed Mar 19, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks Galera Therapeutics, Inc. names in Item 1A of its 10-K filed Mar 19, 2026: 40 risks under these headings, as written.4

  • Risks Related to Our Financial Position and Capital Needs
  • We have incurred significant operating losses since our inception and anticipate that we will incur continued losses for the foreseeable future.
  • Raising additional capital may cause dilution to our stockholders, restrict our operations or require us to relinquish rights to our technologies or product candidate.
  • Risks Related to the Discovery and Development of Our Product Candidate
  • We are heavily dependent on the success of our product candidate, tilarginine, which has not received regulatory approval. If development of our product candidate is unsuccessful, we may be unable to obtain required regulatory approvals and be unable to commercialize our product candidate on a timely basis, if at all.
  • We rely, and will continue to rely, on third parties to conduct our clinical trials for our product candidate, and those third parties may not perform satisfactorily, including failing to meet deadlines for the completion of such trials.
  • Success in preclinical studies or earlier clinical trials may not be indicative of results in future clinical trials.
  • Our product candidate may cause undesirable side effects or have other properties that could delay or prevent their regulatory approval or result in significant negative consequences following marketing approval, if any.
  • The biopharmaceutical industries are subject to extensive regulatory obligations and policies that may be subject to significant and abrupt change, including due to judicial challenges, election cycles, and resulting regulatory updates and changes in policy priorities.
  • Risks Related to Competition, Retaining Key Employees and Managing Growth
  • Our future success depends on our ability to retain key executives and to attract, retain and motivate qualified personnel.
  • Risks Related to Intellectual Property
The other 32 risks
  • If we are unable to adequately protect our proprietary technology and product candidate, if the scope of the patent protection obtained is not sufficiently broad, or if the terms of our patents are insufficient to protect our product candidate for an adequate amount of time, our competitors could develop and commercialize technology and products similar or identical to ours, and our ability to successfully commercialize our product candidate may be materially impaired.
  • We may become involved in lawsuits to protect or enforce our patents or other intellectual property, which could be expensive, time-consuming and unsuccessful.
  • Our commercial success depends significantly on our ability to operate without infringing upon the intellectual property rights of third parties.
  • If we are unable to protect the confidentiality of our trade secrets, our business and competitive position may be harmed.
  • Changes in patent law could diminish the value of patents in general, thereby impairing our ability to protect our existing and future product candidates and processes.
  • If we do not obtain patent term extensions in the United States under the Hatch-Waxman Act and in foreign countries under similar legislation with respect to our product candidate, thereby potentially extending the term of marketing exclusivity for such product candidate, our business may be harmed.
  • Obtaining and maintaining patent protection depends on compliance with various procedural, document submission, fee payment and other requirements imposed by governmental patent agencies, and our patent protection could be reduced or eliminated for non-compliance with these requirements.
  • If our trademarks and trade names are not adequately protected, then we may not be able to build name recognition in our markets of interest and our business may be adversely affected.
  • We may not be able to adequately protect our intellectual property rights throughout the world.
  • We may not identify relevant third-party patents or may incorrectly interpret the relevance, scope or expiration of a third-party patent which might adversely affect our ability to develop and market our product candidate.
  • Patent terms may be inadequate to protect our competitive position on our product candidate for an adequate amount of time.
  • Intellectual property rights do not necessarily address all potential threats to our business.
  • We may be subject to claims that our employees, consultants or independent contractors have wrongfully used or disclosed confidential information of their former employers or other third parties.
  • Our intellectual property agreements with third parties may be subject to disagreements over contract interpretation, which could narrow the scope of our rights to the relevant intellectual property or technology.
  • Risks Related to the Nova Acquisition
  • Our stockholders may not realize a benefit from our acquisition (the "Nova Acquisition") of Nova Pharmaceuticals, Inc. ("Nova") commensurate with the ownership dilution they may experience in connection with the Nova Acquisition upon conversion of preferred stock issued in connection therewith.
  • Other Risks Related to Our Business
  • The successful commercialization of our product candidate will depend in part on the extent to which third-party payors, including governmental authorities and private health insurers, provide coverage and adequate reimbursement levels, as well as implement pricing policies favorable for our product candidate.
  • Our business operations and current and future relationships with investigators, healthcare professionals, consultants, third-party payors, patient organizations, customers and others will be subject to applicable healthcare regulatory laws, which could expose us to criminal sanctions, civil penalties, contractual damages, reputational harm, administrative burdens, and diminished profits and future earnings.
  • Unfavorable U.S. and global economic conditions could adversely affect our business, financial condition or results of operations.
  • Our business and operations may suffer in the event of information technology system failures, cyberattacks or deficiencies in our cybersecurity.
  • Actual or perceived failures to comply with applicable data protection, privacy and security laws, regulations, standards and other requirements could adversely affect our business, results of operations, and financial condition.
  • Violations of or liabilities under environmental, health and safety laws and regulations could subject us to fines, penalties or other costs that could have a material adverse effect on the success of our business.
  • Insurance policies are expensive and protect us only from some business risks, which leaves us exposed to uninsured liabilities.
  • Our employees and independent contractors, including consultants, vendors, and any third parties we may engage in connection with development and commercialization may engage in misconduct or other improper activities, including noncompliance with regulatory standards and requirements, which could harm our business.
  • We or the third parties upon whom we depend may be adversely affected by natural disasters and our business continuity and disaster recovery plans may not adequately protect us from a serious disaster.
  • Our ability to use our net operating losses to offset future taxable income is subject to certain limitations.
  • Risks Related to Our Common Stock
  • Our common stock is currently quoted on the OTCQB Market, which may have an unfavorable impact on our stock price and liquidity.
  • Our directors, officers and principal stockholders own a significant percentage of our stock and, if they choose to act together, are able to exercise influence over matters submitted to stockholders for approval.
  • We are a “smaller reporting company” and the reduced disclosure requirements applicable to smaller reporting companies may make our common stock less attractive to investors.
  • Provisions in our amended and restated certificate of incorporation and amended and restated bylaws and under Delaware law could make an acquisition of our company, which may be beneficial to our stockholders, more difficult and may prevent attempts by our stockholders to replace or remove our current management.
  • Because we do not anticipate paying any cash dividends on our capital stock in the foreseeable future, capital appreciation, if any, will be your sole source of gain.
  • The price of our common stock is likely to be volatile and fluctuate substantially, which could result in substantial losses for purchasers of our common stock.
  • Future sales and issuances of our common stock or rights to purchase common stock, including pursuant to our equity incentive plans, could result in dilution of the percentage ownership of our stockholders and could cause our common stock price to fall.

Legal proceedings

From time to time, we may be involved in claims and proceedings arising in the course of our business. The outcome of any such claim or proceeding, regardless of the merits, is inherently uncertain.

The opening of Item 3, Legal Proceedings.4

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