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cellectar biosciences inc (CLRB) Snapshot

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05/2/14 - $9.20
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cellectar biosciences inc (CLRB) Details

Cellectar Biosciences, Inc., a development stage biopharmaceutical company, develops compounds for the treatment and imaging of cancer. Its proprietary product candidates include I-124-CLR1404, a small-molecule, broad-spectrum, and cancer-targeting positron emission tomography (PET) imaging agent that is in Phase II clinical trial for glioblastoma, as well as in Phase I/II clinical trials for approximately 11 solid tumor indications; and CLR1502, a preclinical, cancer-targeted, and non-radioactive optical imaging agent for intraoperative tumor margin illumination and non-invasive tumor imaging. The company also develops I-131-CLR1404, a small-molecule, broad-spectrum, and cancer-targeted molecular radiotherapeutic that delivers cytotoxic radiation directly and selectively to cancer cells and cancer stem cells, as well as is in Phase Ib dose-escalation trial for patients with advanced solid tumors; and CLR1404, a cancer-targeted chemotherapy. The company was formerly known as Novelos Therapeutics, Inc. and changed its name to Cellectar Biosciences, Inc. in February 2014. Cellectar Biosciences, Inc. was founded in 2002 and is headquartered in Madison, Wisconsin.

cellectar biosciences inc (CLRB) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Founder, Chief Scientific Officer and Directo...
Total Annual Compensation: $180.3K
Compensation as of Fiscal Year 2013.

cellectar biosciences inc (CLRB) Key Developments

Cellectar Biosciences, Inc. Presents at 7th annual Biotech Showcase Conference 2015, Jan-13-2015 03:00 PM

Cellectar Biosciences, Inc. Presents at 7th annual Biotech Showcase Conference 2015, Jan-13-2015 03:00 PM. Venue: Parc 55 Wyndham San, Francisco - Union Square, San Francisco, CA 94102, United States. Speakers: Simon C. Pedder, Chief Executive Officer, President and Director.

Cellectar Biosciences, Inc. Receives Orphan Designation from U.S. Food and Drug Administration for I-131-CLR1404 for the Treatment of Multiple Myeloma

Cellectar Biosciences, Inc. announced that the U.S. Food and Drug Administration (FDA) has granted Cellectar's request for orphan drug designation of I-131-CLR1404 for the treatment of multiple myeloma, an incurable cancer of plasma cells. Orphan drug designation will entitle Cellectar to seven years of market exclusivity for I-131-CLR1404 as a treatment for relapsed or refractory multiple myeloma following marketing approval by the FDA. Additional benefits include tax credits related to clinical trial expenses, a possible exemption from the FDA-user fee, assistance in clinical trial protocol design, and fewer patients required for new drug applications.

Cellectar Biosciences, Inc. Names Cameron Szakacs as Vice President of Clinical Development

Cellectar Biosciences, Inc. announced the appointment of Cameron Szakacs as Vice President of clinical development. In this newly created position, Dr. Szakacs will report to President and Chief Executive Officer Dr. Simon Pedder and will be responsible for guiding Cellectar's clinical programs, including the ongoing Phase II imaging trial of I-124-CLR1404 in glioblastoma and planned proof of concept trials for 1-131-CLR1404 for the treatment of multiple myeloma and CLR1502 for real time optical imaging in breast cancer surgery.


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