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Cellectar Biosciences Reports Complete Central Nervous System (CNS) Clearance in Relapsed/Refractory Waldenstrom’s Macroglobulinemia Patient

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Cellectar Biosciences, Inc. announces successful pathological response with complete clonal clearance in a patient with relapsed/refractory Waldenstrom’s macroglobulinemia (WM) and CNS involvement using iopofosine I 131. This validates the potential of the drug to treat CNS malignancies, including CNS lymphoma and pediatric high-grade gliomas. The company has also initiated a Phase 1b study in pediatric high-grade gliomas with the support of a $2 million grant from the National Cancer Institute.
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  • Successful pathological response in a patient with CNS involvement
  • Validation of iopofosine I 131's potential to treat CNS malignancies
  • Initiation of Phase 1b study in pediatric high-grade gliomas with NCI grant support
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The recent announcement by Cellectar Biosciences regarding the efficacy of iopofosine I 131 in treating central nervous system (CNS) malignancies, specifically in a Waldenstrom’s macroglobulinemia (WM) patient with Bing-Neel Syndrome (BNS), represents a significant advancement in oncology therapeutics. The successful crossing of the blood-brain barrier and the complete eradication of the tumor clone in the cerebrospinal fluid highlight the potential of this phospholipid radiotherapeutic conjugate as a specialized treatment. Moreover, the lack of clonal B-cells and the absence of the MYD88 mutation in post-treatment analysis suggest a robust pathological response.

From a research perspective, the implications for the treatment of CNS-related malignancies are profound, considering the limited options currently available. The drug's ability to target CNS malignancies could position it as a breakthrough therapy, particularly for conditions such as CNS lymphoma and pediatric high-grade gliomas (pHGGs), where treatment options are scarce. The ongoing trials, including the Phase 2b CLOVER WaM pivotal trial and the NCI-supported Phase 1b study for pHGGs, are critical in establishing the safety profile and optimal dosing of iopofosine I 131, which could expedite its path to potential approval.

WM and BNS are rare and complex conditions that pose significant challenges in treatment, especially when they involve the CNS. The traditional treatment regimens have limited efficacy in crossing the blood-brain barrier, which is a critical factor in the successful treatment of CNS malignancies. The confirmation of complete CNS clearance in a patient previously treated with BTK inhibitor therapy underscores the capability of iopofosine I 131 to serve as a potentially more effective alternative. This could represent a paradigm shift in the management of such malignancies.

As an oncologist, the prospect of a new therapeutic option that can deliver targeted radiotherapy directly to CNS malignancies is highly promising. The clinical outcomes from the trials could lead to a reevaluation of current treatment protocols and potentially establish iopofosine I 131 as a standard-of-care for CNS-involved WM, BNS and other similar conditions. It is also noteworthy that the treatment was well-tolerated, which is an important consideration in the quality of life for patients undergoing cancer therapy.

The announcement by Cellectar Biosciences can be expected to have a positive impact on the company's financial outlook and stock market performance. The successful trial results and the progression into later-phase clinical studies signal a strong potential for market approval and commercialization. Given the rarity of WM and BNS and the lack of effective treatments, iopofosine I 131 could benefit from orphan drug status, which often entails tax reductions, grant funding and market exclusivity upon approval.

The $2 million grant from the National Cancer Institute not only offsets development costs but also lends credibility to the drug's potential. Investors will likely monitor the progress of ongoing trials and regulatory interactions closely, as these will provide further indications of the drug's market potential and the timing of its entry. For a late-stage clinical biopharmaceutical company like Cellectar, the success of such a drug can be transformative, potentially leading to strategic partnerships, licensing deals, or even acquisition interest from larger pharmaceutical companies.

Iopofosine I 131 Active in Treating Malignancies in the Brain; Confirmed Response in CNS Lymphoma Provides Additional Validation for Continued Development of Iopofosine in Multiple CNS Malignancies

FLORHAM PARK, N.J., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development and commercialization of drugs for the treatment of cancer, today announced that its novel phospholipid radiotherapeutic conjugate, iopofosine I 131, demonstrated a pathological response with complete clonal clearance in a relapsed/refractory Waldenstrom’s macroglobulinemia (WM) patient with CNS involvement, also known as Bing-Neel Syndrome (BNS), enrolled in its Phase 2b CLOVER WaM pivotal trial.

“Attainment of complete CNS clearance in a patient with Bing-Neel Syndrome after previous exposure to BTKi therapy is encouraging,” commented Jorge Castillo, M.D., associate professor at Harvard Medical School and director of Bing Center Clinic at Dana Farber Cancer Institute. “The ability of iopofosine I 131 to deliver an effective therapeutic payload across the blood-brain barrier with the eradication of the tumor clone in the cerebrospinal fluid is a valuable treatment attribute for WM patients with relapsed or refractory CNS disease. The potential approval of this novel agent may provide a meaningful therapeutic option for a patient population with limited available treatments.”

As part of the CLOVER WaM pivotal trial, the patient with BNS received the standard WM dosing regimen of two treatment cycles with two doses per cycle for a total of four fixed doses of iopofosine I 131 over 75 days. The patient received the recommended total administered dose of greater than 60mCi. Cerebrospinal fluid flow cytometry showed no evidence of clonal B-cells, and molecular analysis did not detect the MYD88 mutation.

“This confirmed pathologic response with iopofosine I 131 in a malignancy with CNS involvement further validates the potential of our phospholipid radiotherapeutic conjugate to treat CNS malignancies,” said Dr. Andrei Shustov, senior vice president, medical of Cellectar. “Similar to WM patients, there is no standard of treatment and limited therapeutic options for patients with Bing-Neel Syndrome, a more complicated condition and treatment challenge. This very encouraging patient response further supports iopofosine’s development in CNS-related malignancies, including CNS lymphoma and pediatric high-grade gliomas.”

Cellectar previously announced a complete response in a patient with relapsed/refractory primary central nervous system lymphoma (CNSL) as part of its ongoing Phase 2a trial of iopofosine I 131. Currently, there are no approved therapies available to CNSL patients.

Additionally, with the support of a $2 million grant from the National Institute of Health’s National Cancer Institute (NCI), during the third quarter of 2023, Cellectar initiated a Phase 1b study in pediatric high-grade gliomas (pHGGs), which is currently enrolling. The study objective is to identify the recommended iopofosine I 131 Phase 2 dose in pHGG patients. The NCI funding was in part granted due to the Phase 1a trial data demonstrating five months of progression free survival, which is substantially greater than what is typically observed in relapsed/refractory patients.

About Cellectar Biosciences, Inc.
Cellectar Biosciences is a late-stage clinical biopharmaceutical company focused on the discovery and development of proprietary drugs for the treatment of cancer, independently and through research and development collaborations. The company’s core objective is to leverage its proprietary Phospholipid Drug Conjugate™ (PDC) delivery platform to develop the next-generation of cancer cell-targeting treatments, delivering improved efficacy and better safety as a result of fewer off-target effects.

The company’s product pipeline includes lead asset iopofosine I 131, a small-molecule PDC designed to provide targeted delivery of iodine-131 (radioisotope), proprietary preclinical PDC chemotherapeutic programs and multiple partnered PDC assets.

For more information, please visit www.cellectar.com and www.wmclinicaltrial.com or join the conversation by liking and following us on the company’s social media channels: TwitterLinkedIn, and Facebook.

About Waldenstrom’s Macroglobulinemia and Bing-Neel Syndrome
WM is a B-cell malignancy characterized by bone marrow infiltration of clonal lymphoplasmacytic cells that produce a monoclonal immunoglobulin M (IgM) that remains incurable with available treatments. The prevalence in the US is approximately 26,000 with 1,500-1,900 patients being diagnosed annually. Approximately 10,000 patients require treatment in the relapsed or refractory setting and there are an estimated 4,300 patients requiring 3rd line or greater therapy. There are no FDA approved treatment options for patients progressing on BTKi therapy. BTKi therapies do not demonstrate complete response rates and require continuous treatment. Approximately 50% of 3rd line patients not receiving treatment are likely to consider new treatment options. There is an established unmet need for new FDA approved treatments that provide a novel mechanism of action, increased deep durable responses, and time limited treatment, especially in heavily pretreated WM patients.

Bing-Neel Syndrome is a rare neurological complication of WM that results from infiltration of the central nervous system by malignant lymphoplasmacytic cells. The median time from initial diagnosis of WM to development of BNS is 3.5 years.

Forward-Looking Statement Disclaimer

This news release contains forward-looking statements. You can identify these statements by our use of words such as "may," "expect," "believe," "anticipate," "intend," "could," "estimate," "continue," "plans," or their negatives or cognates. These statements are only estimates and predictions and are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. These statements are based on our current beliefs and expectations as to such future outcomes including our expectations regarding the WM CLOVER-WaM pivotal trial. Drug discovery and development involve a high degree of risk. Factors that might cause such a material difference include, among others, uncertainties related to the ability to raise additional capital, uncertainties related to the disruptions at our sole source supplier of iopofosine, the ability to attract and retain partners for our technologies, the identification of lead compounds, the successful preclinical development thereof, patient enrollment and the completion of clinical studies, the FDA review process and other government regulation, our ability to maintain orphan drug designation in the United States for iopofosine, the volatile market for priority review vouchers, our pharmaceutical collaborators' ability to successfully develop and commercialize drug candidates, competition from other pharmaceutical companies, product pricing and third-party reimbursement. A complete description of risks and uncertainties related to our business is contained in our periodic reports filed with the Securities and Exchange Commission including our Form 10-K for the year ended December 31, 2022, and our Form 10-Q for the quarter ended September 30, 2023. These forward-looking statements are made only as of the date hereof, and we disclaim any obligation to update any such forward-looking statements.

Contacts

MEDIA:
Claire LaCagnina
Bliss Bio Health
315-765-1462
clacagnina@blissbiohealth.com

INVESTORS:
Chad Kolean
Chief Financial Officer
investors@cellectar.com 


FAQ

What is the name of the company mentioned in the press release?

Cellectar Biosciences, Inc.

What is the ticker symbol for Cellectar Biosciences, Inc.?

The ticker symbol is CLRB.

What type of cancer is iopofosine I 131 being used to treat?

It is being used to treat CNS malignancies, including CNS lymphoma and pediatric high-grade gliomas.

What trial did the patient with relapsed/refractory Waldenstrom’s macroglobulinemia (WM) and CNS involvement participate in?

The patient participated in the Phase 2b CLOVER WaM pivotal trial.

What study did Cellectar initiate with the support of a $2 million grant from the National Cancer Institute?

Cellectar initiated a Phase 1b study in pediatric high-grade gliomas.

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About CLRB

cellectar biosciences is developing phospholipid drug conjugates (pdcs) designed to provide cancer targeted delivery of diverse oncologic payloads to a broad range of cancers and cancer stem cells. cellectar's pdc platform is based on the company's proprietary phospholipid ether analogs. these novel small-molecules have demonstrated highly selective uptake and retention in a broad range of cancers. cellectar's pdc pipeline includes product candidates for cancer therapy and cancer diagnostic imaging. the company's lead therapeutic pdc, clr 131, utilizes iodine-131, a cytotoxic radioisotope, as its payload. clr 131 has been designated as an orphan drug by the us fda and is currently being evaluated in a phase 1 clinical study in patients with relapsed or refractory multiple myeloma and a phase 2 clinical study to assess efficacy in a range of b-cell malignancies. the company is also developing proprietary pdcs for targeted delivery of chemotherapeutics and has several preclinical stage p