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Cyclacel
American pharmaceutical company
Cyclacel Pharmaceuticals Inc. is a biotechnology firm based in Dundee, Scotland, and Short Hills, New Jersey, developing cancer drugs and treatments.3 From Wikipedia, CC BY-SA 4.0
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Last updated Oct 19, 2026.
Overview
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- TickerBGMS on Nasdaq1
- Industrypharmaceutical industry1
- HeadquartersBerkeley Heights1
- Websitewww.cyclacel.com
- Incorporated inDE4
- Business address200 Connell Drive, Suite 1500, Berkeley Heights, Nj 079224
- Filer categoryNon-accelerated filer, Smaller reporting company4
- Legal formCorporation
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Cyclacel Pharmaceuticals Inc. is a biotechnology firm based in Dundee, Scotland, and Short Hills, New Jersey, developing cancer drugs and treatments. Cyclacel was founded in 1996 by David Lane, Merlin Ventures and Cancer Research Campaign Technology with the University of Dundee and the University of Glasgow.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Fire Safety Equipment brought in 81% of the revenue Cyclacel broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fire Safety Equipment | $603.0K | ||
| Safety Aparel | $119.0K | ||
| Project Supply and Installation | $20.0K | ||
| Maintenance and Servicing | $6.0K |
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $747.0K | $43.0K |
| Cost of sales | $609.0K | |
| Research and development | $848.0K | $6.7M |
| General and administrative | $7.7M | $5.4M |
| Total operating expenses | $9.2M | $12.0M |
| Operating loss | -$8.4M | -$12.0M |
| Foreign exchange losses | $73.0K | -$54.0K |
| Interest income | $62.0K | $12.0K |
| Gain on deconsolidation of former subsidiary | $4.9M | |
| Other income, net | $354.0K | $52.0K |
| Total other income, net | $5.4M | $10.0K |
| Loss before taxes | -$3.0M | -$12.0M |
| Income tax benefit / (provision) | -$7.0K | $782.0K |
| Net loss | -$3.0M | -$11.2M |
| Dividend on convertible exchangeable preferred shares | -$61.0K | |
| Deemed dividend on warrant exchange | -$11.0M | |
| Net loss applicable to common shareholders | -$14.1M | -$11.2M |
| Net loss per share - basic (common shareholders) | -$6.45 | -$502.46 |
| Net loss per share - diluted (common shareholders) | -$6.45 | -$502.46 |
| Weighted average common shares outstanding - basic | 2.2M shares | 22.3K shares |
| Weighted average common shares outstanding - diluted | 2.2M shares | 22.3K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2025-08-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $3.5M | $3.1M | ||
| Accounts receivable | $1.3M | |||
| Inventory | $1.4M | |||
| Prepaid expenses and other current assets | $110.0K | $537.0K | ||
| Total current assets | $6.3M | $3.7M | ||
| Property and equipment, net | $137.0K | $3.0K | ||
| Right-of-use lease asset | $12.0K | $5.0K | ||
| Goodwill | $1.6M | $1.6B | ||
| Non-current assets | $210.0K | $412.0K | ||
| Total assets | $8.2M | $4.1M | ||
| Accounts payable | $617.0K | $4.6M | ||
| Accrued and other current liabilities | $715.0K | $1.7M | ||
| Total current liabilities | $1.3M | $6.3M | ||
| Lease liability | $2.0K | |||
| Other liabilities | $9.0K | |||
| Total liabilities | $1.3M | $6.3M | ||
| Common stock, $0.001 par value; 600,000,000 shares authorized at December 31, 2025 and 100,000,000 shares authorized at December 31, 2024; 5,400,320 shares issued and outstanding at December 31, 2025 and 36,913 shares issued and outstanding at December 31, 2024 | $5.0K | |||
| Additional paid-in capital | $461.3M | $438.2M | ||
| Accumulated other comprehensive loss | -$39.0K | -$891.0K | ||
| Accumulated deficit | -$454.4M | -$439.5M | ||
| Total stockholders equity (deficit) | $6.8M | -$2.2M | $607.0K | |
| Total liabilities and stockholders equity (deficit) | $8.2M | $4.1M | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 600.0M shares | 100.0M shares | ||
| Common stock, shares issued | 5.4M shares | 36.9K shares | ||
| Common stock, shares outstanding | 5.4M shares | 36.9K shares |
| Period ending | 2025-12-31 | 2025-08-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $3.5M | $3.1M | ||
| Accounts receivable | $1.3M | |||
| Inventory | $1.4M | |||
| Prepaid expenses and other current assets | $110.0K | $537.0K | ||
| Total current assets | $6.3M | $3.7M | ||
| Property and equipment, net | $137.0K | $3.0K | ||
| Right-of-use lease asset | $12.0K | $5.0K | ||
| Goodwill | $1.6M | $1.6B | ||
| Non-current assets | $210.0K | $412.0K | ||
| Total assets | $8.2M | $4.1M | ||
| Accounts payable | $617.0K | $4.6M | ||
| Accrued and other current liabilities | $715.0K | $1.7M | ||
| Total current liabilities | $1.3M | $6.3M | ||
| Lease liability | $2.0K | |||
| Other liabilities | $9.0K | |||
| Total liabilities | $1.3M | $6.3M | ||
| Common stock, $0.001 par value; 600,000,000 shares authorized at December 31, 2025 and 100,000,000 shares authorized at December 31, 2024; 5,400,320 shares issued and outstanding at December 31, 2025 and 36,913 shares issued and outstanding at December 31, 2024 | $5.0K | |||
| Additional paid-in capital | $461.3M | $438.2M | ||
| Accumulated other comprehensive loss | -$39.0K | -$891.0K | ||
| Accumulated deficit | -$454.4M | -$439.5M | ||
| Total stockholders equity (deficit) | $6.8M | -$2.2M | $607.0K | |
| Total liabilities and stockholders equity (deficit) | $8.2M | $4.1M | ||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 600.0M shares | 100.0M shares | ||
| Common stock, shares issued | 5.4M shares | 36.9K shares | ||
| Common stock, shares outstanding | 5.4M shares | 36.9K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$3.0M | -$11.2M |
| Depreciation | $5.0K | $6.0K |
| Gain on deconsolidation of subsidiary | $4.9M | |
| Stock-based compensation | $2.3M | $592.0K |
| Changes in lease liability | $2.0K | -$37.0K |
| Accounts receivable, net | -$1.3M | |
| Inventory | -$1.4M | |
| Prepaid expenses and other assets | $4.1M | $4.5M |
| Accounts payable, accrued and other current liabilities | -$10.5M | -$1.8M |
| Net cash used in operating activities | -$4.8M | -$8.0M |
| Proceeds, net of issuance costs, from issuing common stock and pre-funded warrants, net | $6.4M | $6.2M |
| Payment made under the Warrant Exchange Amendment | -$1.1M | |
| Proceeds from the exercise of stock options and warrants, net of issuance costs | $1.6M | |
| Payment of preferred stock dividend | -$61.0K | |
| Net cash provided by in financing activities | $5.3M | $7.8M |
| Effect of exchange rate changes on cash and cash equivalents | -$126.0K | -$73.0K |
| Net increase (decrease) in cash and cash equivalents | $368.0K | -$241.0K |
| Issuance of shares in acquisition of Fitters Sdn. Bhd. | $4.5M | |
| Warrant Exchange | $11.0M | |
| Interest | $68.0K | $96.0K |
| Research & development tax credits | $3.7M | |
| Interest | $7.0K | |
| Taxes | $18.0K | $2.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Cyclacel, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- Chief executive officerDavid E. Lazar Jan 7, 2025 to Feb 28, 202514
- Chief executive officerWong Sing Ee Doris Feb 28, 2025 to now15
- Chief executive officerSpiro Rombotis Jan 29, 2013 to Dec 26, 202316
- PresidentSpiro Rombotis Mar 29, 2006 to Dec 26, 202317
- Chief financial officerCu Seng Kiu Feb 28, 2025 to now18
- Chief financial officerPaul McBarron Dec 14, 2010 to Dec 9, 201919
- Chief operating officerPaul McBarron Dec 14, 2010 to Dec 9, 201919
Board members and other officers (32)
- Interim Chief Medical OfficerBrian Schwartz Jan 31, 2024 to Jan 31, 202420
- Chief Medical OfficerMark Kirschbaum Oct 28, 2020 to Jul 3, 202321
- VP, Marketing & SalesRobert Edward Sosnowski Nov 20, 2008 to Dec 8, 201122
- General ManagerWillian Collins Oct 10, 2007 to Apr 7, 200823
- V.P., Clin. Dev. & Reg. Aff.Judy Chiao Mar 29, 2006 to Dec 9, 201924
- E.V.P., Finance & C.O.O.Paul McBarron Mar 29, 2006 to Dec 26, 202325
- V.P., Chem. & Preclin. Dev.Robert Westwood Mar 29, 2006 to Dec 26, 200626
- VP, Business DevelopmentJohn Francis Womelsdorf Dr. Sep 5, 2006 to Nov 20, 200827
- Board memberDavid E. Lazar Jan 7, 2025 to now14
- Board memberDavid Natan Jan 7, 2025 to now28
- Board memberAvraham Ben-Tzvi Jan 8, 2025 to now29
- Board memberCu Seng Kiu Feb 28, 2025 to now18
- Board memberKwang Fock Chong Feb 28, 2025 to now30
- Board memberWong Sing Ee Doris Feb 28, 2025 to now15
- Board memberInigo Angel Laurduraj May 2, 2025 to now31
- Board memberKrishnan Satis Waran Nair May 2, 2025 to now32
- Board memberKenneth M. Ferguson Jun 16, 2022 to Jul 3, 202333
- Board memberKarin L. Walker Nov 12, 2020 to Jul 3, 202334
- Board memberBrian Schwartz Dec 21, 2020 to Jan 31, 202435
- Board memberRobert J. Spiegel Sep 10, 2018 to Jul 3, 202336
- Board memberSam L. Barker Sep 11, 2014 to Jul 3, 202337
- Board memberGregory T. Hradsky May 27, 2011 to Jun 17, 202138
- Board memberLloyd Sems May 27, 2011 to Jun 16, 202239
- Board memberNicholas G. Bacopoulos Sep 8, 2008 to May 31, 201640
- Board memberPierre Legault Mar 13, 2007 to Feb 21, 200841
- Board memberDavid C. Uprichard Mar 29, 2006 to Jun 29, 202042
- Board memberJohn Gordon McVie Mar 29, 2006 to Feb 21, 200843
- Board memberJohn Michael Middlecott Banham Mar 29, 2006 to Jun 29, 202044
- Board memberPaul McBarron Mar 29, 2006 to Dec 26, 202325
- Board memberSpiro Rombotis Mar 29, 2006 to Dec 26, 202317
- Board memberChristopher S. Henney Jul 11, 2006 to Jul 3, 202345
- Board memberDaniel K. Spiegelman Jul 11, 2006 to May 24, 201246
Named in SEC Form D filings
People the company listed in its private-offering notices.
Products and brands
- seliciclib
Listed on Wikidata.1
Acquisitions
After becoming the first European spin-out company to raise over $100 million in private equity, the company had to pull out of a stock market listing in July 2004. Cyclacel completed a reverse merger with Xcyte Therapies in December 2005 to acquire Nasdaq listing. This allowed Cyclacel to raise an additional $45 million in April 2006 through a private placement of stock and warrants.
From Wikipedia’s article on Cyclacel, shared under CC BY-SA 4.0.5
Former names
Timeline
Filings
346 filings to the SEC since October 2021: 8 annual reports, 16 quarterly reports, 95 major events, 81 insider forms, 41 large holders, 5 private raises, 100 other. The latest 20:
- Oct 9, 2026424B3 EDGAR
- Oct 8, 2026EFFECT EDGAR
- Sep 11, 2026S-4/A EDGAR
- Aug 21, 2026S-4/A EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 14, 20268-K EDGAR
- Aug 12, 2026SCHEDULE 13G/A EDGAR
- Aug 12, 2026SCHEDULE 13G/A EDGAR
- Jul 24, 2026S-4/A EDGAR
- Jul 1, 20268-K EDGAR
- Jun 22, 20268-K EDGAR
- Jun 16, 2026S-4 EDGAR
- Jun 10, 20268-K EDGAR
- Jun 4, 2026425 EDGAR
- Jun 4, 20268-K EDGAR
- May 15, 202610-Q EDGAR
- May 14, 20268-K EDGAR
- May 12, 2026SCHEDULE 13G/A EDGAR
- May 1, 2026DEFR14A EDGAR
- Apr 27, 2026DEF 14A EDGAR
The 346 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
26 open-market trades by officers, directors and large owners since October 2021: 3 buys and 23 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 5, 2025 | Yap Kim Choy10% owner | Sale | 28,540 | $1.70 | $48.5K | Form 4 |
| Oct 30, 2025 | Yap Kim Choy10% owner | Sale | 112,260 | $1.81 | $203.2K | Form 4 |
| Oct 30, 2025 | Kua Khai Loon10% owner | Sale | 242,477 | $1.80 | $436.5K | Form 4 |
| Oct 30, 2025 | Ong Yee Lung10% owner | Sale | 248,814 | $1.80 | $447.9K | Form 4 |
| Oct 29, 2025 | Yap Kim Choy10% owner | Sale | 110,749 | $1.83 | $202.7K | Form 4 |
| Oct 28, 2025 | Yap Kim Choy10% owner | Sale | 13,111 | $1.83 | $24.0K | Form 4 |
| Oct 27, 2025 | Yap Kim Choy10% owner | Sale | 120,250 | $2.12 | $254.9K | Form 4 |
| Oct 24, 2025 | Ong Yee Lung10% owner | Sale | 19,858 | $1.99 | $39.5K | Form 4 |
| Oct 24, 2025 | Yap Kim Choy10% owner | Sale | 19,595 | $1.90 | $37.2K | Form 4 |
| Oct 21, 2025 | FITTERS Diversified Berhad10% owner | Sale | 92,352 | $3.01 | $278.0K | Form 4 |
| Oct 20, 2025 | FITTERS Diversified Berhad10% owner | Sale | 108,107 | $3.09 | $334.1K | Form 4 |
| Oct 16, 2025 | Kua Khai Loon10% owner | Sale | 88,204 | $4.22 | $372.2K | Form 4 |
| Oct 16, 2025 | FITTERS Diversified Berhad10% owner | Sale | 26,051 | $5.50 | $143.3K | Form 4 |
| Oct 15, 2025 | Kua Khai Loon10% owner | Sale | 7,479 | $5.66 | $42.3K | Form 4 |
| Oct 14, 2025 | Ong Yee Lung10% owner | Sale | 135,793 | $6.00 | $814.8K | Form 4 |
| Oct 10, 2025 | FITTERS Diversified Berhad10% owner | Sale | 51,400 | $5.26 | $270.4K | Form 4 |
| Oct 8, 2025 | FITTERS Diversified Berhad10% owner | Sale | 142,000 | $5.29 | $751.2K | Form 4 |
| Sep 16, 2025 | Kua Khai Loon10% owner | Sale | 25,000 | $5.13 | $128.2K | Form 4 |
| Sep 12, 2025 | Kua Khai Loon10% owner | Sale | 22,251 | $6.22 | $138.4K | Form 4 |
| Sep 5, 2025 | Kua Khai Loon10% owner | Sale | 19,054 | $7.01 | $133.6K | Form 4 |
All 26 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.
- Diversified Berhad FittersSCHEDULE 13G/A, 4 filings Sep 16, 2025 to Aug 12, 202648
- Kim Choy YapSCHEDULE 13G/A, 5 filings Aug 18, 2025 to Aug 12, 202649
- Khai Loon KuaSCHEDULE 13G/A, 4 filings Aug 18, 2025 to Mar 13, 202650
- Yee Lung OngSCHEDULE 13G/A, 4 filings Aug 18, 2025 to Mar 13, 202651
- Wong Sing Ee DorisSCHEDULE 13D/A, 2 filings Mar 4, 2025 to Nov 13, 202552
- ARMISTICE CAPITAL, LLCSCHEDULE 13G/A, 4 filings Nov 14, 2024 to Aug 14, 202553
- David E. LazarSCHEDULE 13D/A, 3 filings Feb 28, 2025 to Aug 8, 202554
- Lind Global Fund II LPSC 13G/A, 2 filings Jan 4, 2024 to Nov 14, 202455
- Dellora Investments LPSC 13G/A, 3 filings Aug 22, 2022 to Feb 14, 202456
- Schonfeld Strategic Advisors LLCSC 13G/A, 2 filings Feb 14, 2023 to Feb 14, 202457
- Altium Capital Management LLCSC 13G/A, 2 filings Jan 10, 2024 to Feb 13, 202458
- ACORN BIOVENTURES, L.P.SC 13G/A, 2 filings Jan 26, 2023 to Feb 7, 202459
- SPHERA FUNDS MANAGEMENT LTD.SC 13G/A, 2 filings Feb 14, 2022 to Feb 6, 202360
- Ikarian Capital, LLCSC 13G/A, 1 filing Feb 14, 202261
- Hudson Bay Capital Management LPSC 13G/A, 1 filing Feb 4, 202262
Money raised
Private offerings the company reported to the SEC on Form D.
- Mar 21, 2025Raised $1 million in a private offering of equity Form D: 4 investors so far Form D
- Feb 14, 2025Filed a private offering of equity Form D: $25 million offered in all Form D
- Feb 6, 2025Filed a private offering of equity Form D: 1 investor so far Form D
- Nov 14, 2024Raised $2.1 million in a private offering of equity Form D: 1 investor so far Form D
- May 2, 2024Raised $8 million in a private offering of equity Form D: 1 investor so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Citadel Advisors LLC | 75,240 | $68.5K | 0.0% | +53,189 |
| Jane Street Group, LLC | 16,291 | $14.8K | 0.0% | New |
| Tower Research Capital LLC (TRC) | 5,722 | $5.2K | 0.0% | +1,461 |
| UBS Group AG | 4,332 | $3.9K | 0.0% | +2,163 |
| SBI Securities Co., Ltd. | 701 | $638 | 0.0% | +201 |
| Archer Investment Corp | 2 | $2 | 0.0% | +1 |
| Osaic Holdings, Inc. | 1 | $0 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Links
- Websitewww.cyclacel.com1
- WikipediaCyclacel
- WikidataQ5198104
- SEC EDGARCIK 1130166
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataCyclacel on Wikidata
- 2SEC EDGARCyclacel filings on SEC EDGAR
- 3WikipediaCyclacel on Wikipedia
- 4SEC EDGARCyclacel filings on SEC EDGAR
- 5
- 6SEC EDGARCyclacel 10-K for fiscal 2025
- 7SEC EDGARCyclacel 10-K for fiscal 2020
- 8SEC EDGARCyclacel 10-K for fiscal 2021
- 9SEC EDGARCyclacel 10-K for fiscal 2022
- 10SEC EDGARCyclacel 10-K for fiscal 2023
- 11SEC EDGARCyclacel 10-K for fiscal 2019
- 12SEC EDGARCyclacel 10-Q for fiscal 2026
- 13SEC EDGARCyclacel 10-Q for fiscal 2026
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- 17SEC EDGARSpiro Rombotis, President
- 18SEC EDGARCu Seng Kiu, Chief financial officer
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- 23SEC EDGARWillian Collins, General Manager
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- 28SEC EDGARDavid Natan, Board member
- 29SEC EDGARAvraham Ben-Tzvi, Board member
- 30SEC EDGARKwang Fock Chong, Board member
- 31SEC EDGARInigo Angel Laurduraj, Board member
- 32
- 33SEC EDGARKenneth M. Ferguson, Board member
- 34SEC EDGARKarin L. Walker, Board member
- 35SEC EDGARBrian Schwartz, Board member
- 36SEC EDGARRobert J. Spiegel, Board member
- 37SEC EDGARSam L. Barker, Board member
- 38SEC EDGARGregory T. Hradsky, Board member
- 39SEC EDGARLloyd Sems, Board member
- 40SEC EDGARNicholas G. Bacopoulos, Board member
- 41SEC EDGARPierre Legault, Board member
- 42SEC EDGARDavid C. Uprichard, Board member
- 43SEC EDGARJohn Gordon McVie, Board member
- 44
- 45SEC EDGARChristopher S. Henney, Board member
- 46SEC EDGARDaniel K. Spiegelman, Board member
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