Cellectar Biosciences, Inc.

Cellectar Biosciences, Inc.

$1.58
0.06 (0%)
NASDAQ Capital Market
USD, US
Biotechnology

CLRB Price Chart

Basic
Market Cap$75.28M
Price$1.58
52 Week Range1.82-4.45
Beta1.01
Margins
Gross Profit Margin32.05%
Operating Profit Margin-15613.22%
Net Profit Margin-13504.53%
Valuation (TTM)
P/E Ratio-1.39
Price to Sales Ratio197.38
Price to Book Ratio4.10
PEG Ratio-0.05

Industry

Biotechnology

Sector

Healthcare

Full-Time Employees

20

IPO Date

2005-11-10T00:00:00.000Z

Description

Cellectar Biosciences, Inc., a clinical biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs for the treatment of cancer. Its lead phospholipid drug conjugate (PDC) candidate is CLR 131 (iopofosine I-131), which is in Phase 2 clinical study in patients with relapsed or refractory (r/r) Waldenstrom's macroglobulinemia and B-cell malignancies; Phase 2B clinical study in r/r multiple myeloma (MM) patients; and Phase I study for various pediatric cancers, r/r head and neck cancers, and R/R MM. The company also develops CLR 1900, a PDC chemotherapeutic program that is in the preclinical development stage to treat solid tumors. It has collaborative PDC programs with Avicenna Oncology GMBH to develop CLR 2000 Series; Orano Med to develop CLR 12120 Series; IntoCell Inc; and LegoChemBio. The company was founded in 2002 and is headquartered in Florham Park, New Jersey.

Phone

608 441 8120

Address

100 Campus Drive, Florham Park, NJ, 07932, US

CIK

0001279704