Hepatocellular carcinoma (HCC) represents approximately 90% of all cases of primary liver cancer, which is the second leading cause of cancer related deaths globally and has an incidence of 850,000 new cases per year. The main risk factors for developing HCC are wellknown and include infection with hepatitis B and C viruses, alcohol intake and ingestion of the fungal metabolite aflatoxin B1. Nonetheless, knowledge is emerging regarding additional risk factors such as non-alcoholic steatohepatitis. Advances in the understanding of the molecular pathogenesis of HCC led to identification of critical driver mutations, however the most prevalent of these are not yet druggable targets. The molecular classification of HCC is not established, and the Barcelona-Clinic-Liver Cancer Classification is the main clinical algorithm for the stratification of patients according to prognosis and treatment allocation. Surveillance programmes enable detection of early-stage tumours that are amenable to curative therapies-resection, liver transplantation or local ablation. At more-developed stages, only chemoembolization (for intermediate HCC) and sorafenib (for advanced HCC) have shown survival benefits. There are major unmet needs in HCC management that might be addressed through discovery of new therapies and their combinations for use in the adjuvant setting and for intermediate and advanced stage disease, biomarkers for therapy stratification, patient-tailored strategies targeting driver mutations and/or activating signalling cascades and validated measurements of quality of life. Recent failures in testing systemic drugs for intermediate and advanced stages have pointed towards a refinement in trial design and defining novel approaches.