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Cellectar Enrolls First Patient in CLR 125 Auger-Emitting Radioconjugate Phase 1b Clinical Trial Targeting Refractory Triple Negative Breast Cancer (TNBC)

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Positive)

Cellectar (NASDAQ: CLRB) enrolled the first patient in a Phase 1b trial of CLR 125 for relapsed or refractory triple negative breast cancer (TNBC) on April 14, 2026. The open-label, dose-escalation study will test three dose regimens and image tumor uptake to inform a recommended Phase 2 dose.

Preclinical data showed selective tumor uptake and no observed end-organ or hematologic toxicity at evaluated doses; additional sites are planned to activate in Q2 with dosimetry, safety, and efficacy updates during 2026.

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Positive

  • First patient enrolled in Phase 1b on April 14, 2026
  • Three defined dose regimens: 32.75, 62.5, 95 mCi
  • Preclinical selective tumor uptake with no observed organ toxicity
  • Planned site activations in Q2 2026 and program updates during 2026

Negative

  • Phase 1b early stage — clinical efficacy unproven
  • Approximately 15 patients per arm limits statistical power
  • No reported human safety or efficacy readouts yet

News Market Reaction – CLRB

+7.66%
1 alert
+7.66% News Effect
+$827K Valuation Impact
$11.62M Market Cap
0.1x Rel. Volume

On the day this news was published, CLRB gained 7.66%, reflecting a notable positive market reaction. This price movement added approximately $827K to the company's valuation, bringing the market cap to $11.62M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Dose level 1: 32.75 mCi over 4 cycles Dose level 2: 62.5 mCi over 3 cycles Dose level 3: 95 mCi over 2 cycles +4 more
7 metrics
Dose level 1 32.75 mCi over 4 cycles CLR 125 Phase 1b TNBC regimen
Dose level 2 62.5 mCi over 3 cycles CLR 125 Phase 1b TNBC regimen
Dose level 3 95 mCi over 2 cycles CLR 125 Phase 1b TNBC regimen
Patients per arm Approximately 15 patients Enrollment per CLR 125 treatment arm
Trial phase Phase 1b CLR 125 TNBC clinical trial
Net loss 2025 $21,791,037 Year ended Dec 31, 2025 (8-K)
Cash & equivalents $13,196,033 As of Dec 31, 2025 (8-K)

Market Reality Check

Price: $2.56 Vol: Volume 20,254 is at 0.62x...
low vol
$2.56 Last Close
Volume Volume 20,254 is at 0.62x its 20-day average of 32,579, showing subdued trading into this milestone. low
Technical Price $2.74 is trading below the 200-day MA of $3.97 and sits 86.7% under the 52-week high.

Peers on Argus

CLRB slipped 0.72% while peers showed mixed moves: EDSA +6.5%, THAR +5.8%, PULM ...
1 Up 1 Down

CLRB slipped 0.72% while peers showed mixed moves: EDSA +6.5%, THAR +5.8%, PULM +0.83%, LSTA -0.2%, SYBX flat. Momentum scanner flagged PULM up and COCP down, confirming stock-specific dynamics rather than a broad sector rotation.

Previous Clinical trial Reports

5 past events · Latest: Oct 14 (Positive)
Same Type Pattern 5 events
Date Event Sentiment Move Catalyst
Oct 14 Preclinical data update Positive +1.6% Promising preclinical CLR 225 pancreatic cancer data at AACR conference.
Jun 24 Trial protocol submitted Positive +8.6% FDA submission of Phase 1b CLR 125 protocol for TNBC.
Jun 11 Phase 1 trial update Positive +16.6% Promising CLOVER‑2 iopofosine I 131 data in pediatric glioma.
Dec 10 Strategic pipeline update Negative -76.2% Refocus on radioconjugates and ~60% headcount reduction in restructuring.
Jul 23 Pivotal WM results Positive -18.5% Iopofosine I 131 exceeded primary endpoint in WM pivotal study.
Pattern Detected

Across five tagged clinical-trial headlines, CLRB has shown large but mixed reactions, with 4 aligned moves and 1 divergence and an average move of -13.57%, including one sharp selloff on a restructuring update.

Recent Company History

Recent clinical and pipeline news for Cellectar shows a shift toward its radioconjugate platform. In July 2024, iopofosine I 131 exceeded pivotal Waldenström macroglobulinemia endpoints, yet shares fell. By December 2024, a strategic update and 60% headcount reduction drove a steep decline. Through 2025, the company highlighted positive pediatric glioma data, progress on CLR 225, and, in June 2025, FDA submission of the CLR 125 Phase 1b TNBC protocol. Today’s first‑patient enrollment concretely advances that same CLR 125 program.

Historical Comparison

-13.6% avg move · Over the last five clinical‑trial headlines, CLRB’s average move was -13.57%. Today’s first‑patient ...
clinical trial
-13.6%
Average Historical Move clinical trial

Over the last five clinical‑trial headlines, CLRB’s average move was -13.57%. Today’s first‑patient enrollment in the CLR 125 TNBC Phase 1b trial continues that clinical focus, and any reaction would be judged against this volatile history.

Clinical‑trial news shows progression from pivotal iopofosine I 131 data and restructuring toward early‑stage solid tumor programs, including INDs and protocol submission for CLR 125, now advancing to active Phase 1b enrollment in TNBC.

Market Pulse Summary

The stock moved +7.7% in the session following this news. A strong positive reaction aligns with Cel...
Analysis

The stock moved +7.7% in the session following this news. A strong positive reaction aligns with Cellectar’s pattern of sizable moves on clinical news, where prior tagged events averaged -13.57% but included large upside days. First‑patient enrollment in the CLR 125 TNBC Phase 1b trial marks tangible execution after earlier protocol submission. However, historical restructuring, going‑concern language, and dependence on external financing in filings indicate that clinical momentum must be weighed against balance sheet and dilution risk noted in past disclosures.

Key Terms

auger-emitting radioconjugate, iodine-125, iopofosine i 131, biodistribution, +4 more
8 terms
auger-emitting radioconjugate medical
"CLR 125 is Cellectar’s proprietary Auger-emitting radioconjugate incorporating iodine-125..."
A drug that pairs a tiny radioactive atom with a molecule that seeks out specific cells, where the radioisotope releases very short-range Auger electrons to damage only the targeted cells. Think of it as a guided parcel that delivers highly localized radiation like microscopic shrapnel, minimizing harm to surrounding tissue. Investors care because this approach can offer potent, precision cancer therapy with distinct clinical, regulatory and manufacturing implications.
iodine-125 medical
"radioconjugate incorporating iodine-125 to achieve intracellular delivery..."
Iodine-125 is a stable, low-energy radioactive form of the chemical element iodine used mainly as a controlled source of radiation in medical imaging, cancer treatment (brachytherapy), and laboratory tests. Investors care because its steady, predictable decay and medical applications make it a critical component in certain therapies, diagnostic kits, and research tools, so shortages, regulatory changes, or advances affecting its use can materially influence revenues and costs for healthcare and specialty suppliers.
iopofosine i 131 medical
"The molecular structure of CLR 125 is identical to that of iopofosine I 131 (CLR 131)..."
A medicine that attaches radioactive iodine‑131 to a molecule that homes in on cancer cells, delivering radiation directly to tumors while limiting damage to healthy tissue. For investors, this matters because the drug’s clinical effectiveness, safety profile, regulatory approvals and the complex logistics of producing and delivering short‑lived radioactive medicines determine its commercial potential, pricing, reimbursement prospects and partner or acquisition interest—like a guided missile whose performance drives value and risk.
biodistribution medical
"imaging-based assessments to characterize tumor uptake and biodistribution..."
Biodistribution is the map of where a drug, vaccine, or diagnostic agent travels and accumulates inside the body after administration. Investors care because where a product ends up affects how well it works, what side effects it may cause, and whether regulators will approve it—similar to tracking dye in a plumbing system to find leaks or blockages; unexpected destinations can raise safety, cost, and market-adoption risks.
dosimetry medical
"plan to provide dosimetry, safety, and efficacy updates throughout 2026."
Dosimetry is the measurement and calculation of how much ionizing radiation is absorbed by people, tissues, or devices, similar to a thermostat tracking temperature in different rooms to know where and how much heat is present. Investors should care because accurate dosimetry underpins safety, treatment effectiveness, regulatory approval, and liability for products and services that use radiation—affecting market access, costs, and commercial risk.
recist medical
"preliminary efficacy measures, including tumor response per RECIST criteria..."
RECIST (Response Evaluation Criteria In Solid Tumors) is a standardized set of rules doctors and researchers use to measure how solid tumors change over time on medical scans, categorizing whether a tumor shrinks, grows, or stays the same. Investors pay attention because RECIST-based results often serve as clear, comparable trial endpoints that influence drug approvals, market expectations and company valuations—like using a reliable ruler to track progress in a development program.
progression-free survival medical
"preliminary efficacy measures, including tumor response per RECIST criteria and progression-free survival."
Progression-free survival is the length of time during and after a treatment that a patient's disease does not get worse, measured from the start of treatment until the disease shows measurable signs of progression or the patient dies. Investors care because longer progression-free survival in clinical trials often signals that a drug is effective, improving chances of regulatory approval, market adoption, and revenue potential—think of it as a stopwatch showing how long a therapy can keep the illness at bay.
triple negative breast cancer medical
"for the potential treatment of triple negative breast cancer (TNBC)."
Triple negative breast cancer is a type of breast cancer that lacks three common markers used to identify and target the disease, making it more challenging to treat. It tends to grow and spread more quickly than other forms, which can lead to more aggressive outcomes. Its complexity can impact medical research and treatment developments, influencing investor interest in healthcare companies working on new therapies.

AI-generated analysis. Not financial advice.

Study will evaluate tumor-specific uptake, safety, tolerability, and preliminary efficacy signals of CLR 125 in refractory TNBC, to determine recommended Phase 2 dose

FLORHAM PARK, N.J., April 14, 2026 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery and development of drugs for the treatment of cancer, today announced that the first patient has been enrolled in the Phase 1b trial of CLR 121125 (CLR 125) for the potential treatment of triple negative breast cancer (TNBC).

CLR 125 is Cellectar’s proprietary Auger-emitting radioconjugate incorporating iodine-125 to achieve intracellular delivery and direct DNA-level damage in tumor cells. The molecular structure of CLR 125 is identical to that of iopofosine I 131 (CLR 131) and the demonstrated clinical activity, safety, and tumor-targeting characteristics of iopofosine I 131 provide important validation of the platform and support translational relevance. However, these radioconjugates differ in their radiobiologic behavior at the tumor level, resulting in distinct mechanisms of action and therapeutic profiles. In preclinical studies, CLR 125 showed selective tumor uptake and statistically significant activity in vivo models of TNBC with no observed end-organ or hematologic toxicity at evaluated doses.

“Treating the first patient in this Phase 1b trial is a significant milestone for Cellectar and for those impacted by triple negative breast cancer, a condition still defined by a profound lack of targeted therapies,” said James Caruso, president and chief executive officer of Cellectar. “CLR 125 embodies our commitment to optimize our proprietary PDC delivery platform to develop highly selective radioconjugates capable of delivering precise cytotoxic radiation while minimizing systemic toxicity. With additional study sites being activated in Q2, we are poised to rapidly advance this program and plan to provide dosimetry, safety, and efficacy updates throughout 2026.”

The Phase 1b clinical trial is an open-label, dose-escalation study in patients with relapsed or refractory TNBC, designed to evaluate three dose levels and dosing regimens of CLR 125 (32.75 mCi administered over 4 cycles, 62.5 mCi over 3 cycles, and 95 mCi over 2 cycles), with approximately 15 patients enrolled per treatment arm. The study incorporates imaging-based assessments to characterize tumor uptake and biodistribution, supporting prediction of safety and therapeutic activity. Clinical endpoints include safety and tolerability, as well as preliminary efficacy measures, including tumor response per RECIST criteria and progression-free survival.

About Triple Negative Breast Cancer
Triple-negative breast cancer (TNBC) is an aggressive subtype of breast cancer characterized by the absence of estrogen receptors, progesterone receptors, and HER2 protein expression. This lack of common therapeutic targets makes TNBC particularly challenging to treat, with limited options beyond chemotherapy. TNBC tends to grow and spread more quickly than other breast cancer types and disproportionately affects younger women and those of African descent. In the U.S., approximately 12% of breast cancer diagnoses are TNBC. Studies suggest that approximately 25% of TNBC cases relapse after standard treatments like surgery, chemotherapy, and radiation. Due to its high recurrence rate and poor prognosis, there is a critical need for innovative, targeted therapies to improve outcomes for patients facing this difficult diagnosis.

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 iopofosine I 131, which is a PDC designed to provide targeted delivery of iodine-131 (radioisotope). Iopofosine I 131 has been tested in Phase 2b trials as a treatment for relapsed or refractory Waldenström Macroglobulinemia (WM), in relapsed or refractory multiple myeloma (MM) and central nervous system (CNS) lymphoma. The CLOVER-2 Phase 1b study is evaluating iopofosine I 131 in pediatric patients with high-grade gliomas, for which Cellectar is eligible to receive a Pediatric Review Voucher from the FDA upon approval. The FDA has granted iopofosine I 131 Breakthrough, six Orphan Drug, four Rare Pediatric Drug and two Fast Track Designations for various cancer indications, and the EMA has granted iopofosine I 131 PRIority MEdicines (PRIME) designation.

Additionally, the Cellectar team is developing CLR 121225 (CLR 225), an actinium-225 based program targeting solid tumors in indications with significant unmet need, such as pancreatic cancer, as well as proprietary preclinical PDC chemotherapeutic programs and multiple partnered PDC assets.

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

Forward Looking Statements 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. 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 identify suitable collaborators, partners, licensees or purchasers for our product candidates and, if we are able to do so, to enter into binding agreements with regard to any of the foregoing, or to raise additional capital to support our operations, or our ability to fund our operations if we are unsuccessful with any of the foregoing. 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, 2025. These forward-looking statements are made only as of the date hereof, and we disclaim any obligation to update any such forward-looking statements.

INVESTORS:
Anne Marie Fields
Precision AQ
212-362-1200
annemarie.fields@precisionaq.com


FAQ

What is the design of Cellectar's CLR 125 Phase 1b trial (CLRB) enrolled April 2026?

The trial is an open-label, dose-escalation Phase 1b study testing safety and tumor uptake. According to Cellectar, it will evaluate three dose regimens with imaging-based biodistribution and enroll about 15 patients per treatment arm to determine a recommended Phase 2 dose.

What dose levels of CLR 125 will be tested in the CLRB Phase 1b study?

Three dose regimens will be evaluated: 32.75 mCi, 62.5 mCi, and 95 mCi. According to Cellectar, these are administered across different cycle counts to characterize safety, tolerability, biodistribution, and preliminary efficacy signals in refractory TNBC patients.

What endpoints will Cellectar (CLRB) use to assess CLR 125 in the Phase 1b trial?

Primary endpoints include safety and tolerability; secondary endpoints capture preliminary efficacy measures. According to Cellectar, the study will also use imaging to assess tumor uptake, RECIST tumor response, and progression-free survival as clinical outcome measures.

What preclinical findings support CLR 125's development for TNBC by Cellectar (CLRB)?

Preclinical studies showed selective tumor uptake and statistically significant activity in TNBC models without observed end-organ or hematologic toxicity. According to Cellectar, these results support translational relevance for advancing CLR 125 into human trials.

How many patients will be enrolled per arm in Cellectar's CLR 125 Phase 1b trial (CLRB)?

Approximately 15 patients are planned per treatment arm in the dose-escalation study. According to Cellectar, this cohort size aims to evaluate dose-specific safety, biodistribution, and preliminary efficacy signals for each regimen.

When will Cellectar (CLRB) provide updates on CLR 125 dosimetry, safety, and efficacy in 2026?

Cellectar plans to provide dosimetry, safety, and efficacy updates throughout 2026 as the trial progresses. According to Cellectar, additional study sites are being activated in Q2 to support faster enrollment and data collection.