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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.