Welcome to our dedicated page for Cellectar Biosciences news (Ticker: CLRB), a resource for investors and traders seeking the latest updates and insights on Cellectar Biosciences stock.
Cellectar Biosciences, Inc. (NASDAQ: CLRB) is a late-stage clinical radiopharmaceutical company developing targeted cancer drugs based on its proprietary Phospholipid Drug Conjugate (PDC) platform. The CLRB news feed on Stock Titan aggregates company announcements, scientific presentations and regulatory updates that reflect the progress of this oncology pipeline.
Investors and researchers following Cellectar’s news can track developments around its lead asset, iopofosine I 131, including data from the CLOVER WaM Phase 2b study in Waldenstrom’s macroglobulinemia, the CLOVER‑2 pediatric high‑grade glioma program, and investigator‑initiated work in head and neck cancer. News items also cover FDA designations such as Breakthrough Therapy, Orphan Drug, Rare Pediatric Disease and Fast Track, as well as EMA PRIME and orphan designations and feedback from the EMA’s Scientific Advice Working Party on a potential Conditional Marketing Authorization filing in Europe.
The CLRB news stream highlights updates on Auger‑ and alpha‑emitting candidates CLR 121125 (CLR 125) and CLR 121225 (CLR 225), including preclinical data in triple‑negative breast cancer and pancreatic ductal adenocarcinoma, clinical trial planning, and supply agreements for key radioisotopes like actinium‑225 and astatine‑211. Financial results, capital raises, warrant transactions, and reverse stock split actions reported in SEC‑linked press releases provide additional context on how the company funds its development plans.
By monitoring this page, users can review historical and ongoing disclosures about Cellectar’s clinical results, regulatory interactions, partnerships and financing activities, all drawn from company-issued news and related filings.
Cellectar Biosciences (NASDAQ: CLRB) reported Q2 2024 financial results and provided a corporate update. Key highlights include:
1. Final data from the CLOVER WaM pivotal study for iopofosine I 131 in Waldenstrom's macroglobulinemia exceeded the primary endpoint with an 80% overall response rate and 56.4% major response rate.
2. The company plans to file a New Drug Application (NDA) for WM in Q4 2024, anticipating a potential launch in 2025.
3. A strategic partnership with City of Hope Cancer Center was announced to evaluate iopofosine I 131 in mycosis fungoides.
4. As of June 30, 2024, cash and cash equivalents were $25.9 million, with an additional $19.4 million raised in July, funding operations into Q2 2025.
5. R&D expenses increased to $8.2 million, and G&A expenses rose to $6.4 million in Q2 2024 compared to the same period in 2023.
Cellectar Biosciences (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on cancer treatment, has announced it will provide a corporate update for Q2 2024 on Tuesday, August 13, 2024. The company will host a conference call and webcast at 8:30 am Eastern Time to discuss financial results and provide an overview. Investors can join the call toll-free at 1-800-717-1738, and a webcast link is available. A replay of the call will be accessible on the Events section of Cellectar's investor relations website.
Cellectar Biosciences (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on cancer treatment, has announced it will provide a corporate update for Q2 2024 on Tuesday, August 13, 2024. The update will cover the three months ended June 30, 2024. Management will host a conference call and webcast at 8:30 am Eastern Time to discuss financial results and provide an overview. Investors can join the call toll-free at 1-800-717-1738. A replay of the call will be available on the company's investor relations website.
Cellectar Biosciences (NASDAQ: CLRB) announced positive results from its CLOVER WaM pivotal study evaluating iopofosine I 131 for relapsed/refractory Waldenstrom's macroglobulinemia (WM). The study achieved an 80% overall response rate and a 56.4% major response rate, exceeding the primary endpoint of 20%. Notably, 78% of major response patients remained progression-free at 18 months.
The study included heavily pretreated patients, with 27% refractory to all available therapies and 40% dual-class refractory. Iopofosine I 131 demonstrated efficacy across challenging subgroups and was well-tolerated. Cellectar plans to submit an NDA in Q4 2024, seeking priority review.
Cellectar Biosciences (NASDAQ: CLRB) announced the exercise of Tranche B warrants and purchase of new warrants, generating approximately $19.4 million in gross proceeds. The transaction, led by Rosalind Advisors, includes new warrants with potential to raise up to an additional $73.3 million. The new warrants are structured in three tranches (A, B, and C) with exercise prices of $2.52, $4.00, and $5.50 per share, respectively.
The company plans to file an NDA for iopofosine I 131 to treat Waldenstrom's macroglobulinemia in Q4 2024, seeking priority review. Funds from the warrant exercises are expected to support Cellectar's path to commercialization. The company will file a resale registration statement for the new warrants within 30 days.
Cellectar Biosciences (NASDAQ: CLRB), a clinical biopharmaceutical company, will host a key opinion leader event on July 24, 2024, at 8:00 a.m. EDT. This event will cover the latest data from the CLOVER WaM pivotal trial of iopofosine I 131 for Waldenstrom’s macroglobulinemia. The company aims to offer a comprehensive review of the trial's results, current treatment landscape, unmet patient needs, and potential improvements in patient outcomes. The event will feature insights from both company leaders and key study investigators. A replay of the conference call will be available on the company's investor relations website.
Cellectar Biosciences (NASDAQ: CLRB) has formed a strategic partnership with City of Hope Cancer Center to evaluate the efficacy of its lead drug, iopofosine I 131, in treating mycosis fungoides (MF), a rare form of non-Hodgkin's lymphoma (NHL). This collaboration aims to initiate trials with around 10 patients by late 2024 or early 2025. Iopofosine I 131, the first systemic targeted radiotherapeutic for cutaneous T-cell lymphomas (CTCL), may provide advantages over conventional treatments by targeting tumor cells beyond the skin. Cellectar is set to submit a New Drug Application (NDA) to the FDA in late 2024 based on its CLOVER WaM pivotal study results in Waldenstrom's macroglobulinemia (WM).
Cellectar Biosciences (NASDAQ: CLRB) reported its Q1 2024 financial results and shared a corporate update. Key highlights include positive topline data from the CLOVER WaM pivotal study for iopofosine I 131 in Waldenstrom’s macroglobulinemia, which met its primary endpoint with a major response rate of 61% and an overall response rate of 75.6%. Further data for all evaluable patients will be announced in June 2024. The company also reported a complete remission rate of 64% in a Phase I study of iopofosine in recurrent head and neck cancer. Financially, the company had $40 million in cash as of March 31, 2024, with a net loss of $21.6 million for the quarter. R&D expenses increased to $7.4 million, while G&A expenses rose to $4.6 million, contributing to the loss.
Cellectar Biosciences, Inc. (NASDAQ: CLRB) will present at the Guggenheim Healthcare Talks Radiopharmaceuticals Day in New York City on May 13, 2024. Jarrod Longcor, the company's COO, will provide an overview of Cellectar in a fireside chat.
Cellectar Biosciences, Inc. (NASDAQ: CLRB) will announce its first-quarter financial results on May 14, 2024. The company focuses on developing cancer treatments and will host a conference call to discuss the results and provide an overview at 8:30 am Eastern Time.