Cellectar Biosciences, Inc., a clinical stage biopharmaceutical company, engages in the discovery, development, and commercialization of drugs for the treatment of cancer. Its lead phospholipid drug conjugate (PDC) therapeutic, CLR 131, is in a Phase 1 clinical study in patients with relapsed or refractory (R/R) multiple myeloma (MM) and a Phase 2 clinical study in R/R MM and a range of B-cell malignancies. The company's product pipeline also includes two preclinical PDC chemotherapeutic programs, which include CLR 1700 that is designed to treat a broad range of hematologic cancers; and CLR 1900, which is targeted to treat select solid tumors. It also has collaborative PDC programs with Pierre Fabre to develop CLR 1800 Series; Avicenna Oncology GMBH to develop CLR 2000 Series; Onconova Therapeutics, Inc. to develop CLR 2100 and 2200 Series; and Orano Med to develop phospholipid drug conjugates. 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.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone608-441-8120
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees15
OptionableNot Optionable
Cellectar Biosciences (NASDAQ:CLRB) Frequently Asked Questions
What is Cellectar Biosciences' stock symbol?
Cellectar Biosciences trades on the NASDAQ under the ticker symbol "CLRB."
When did Cellectar Biosciences' stock split? How did Cellectar Biosciences' stock split work?
Cellectar Biosciences shares reverse split on Tuesday, July 17th 2018. The 1-10 reverse split was announced on Friday, July 13th 2018. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 13th 2018. An investor that had 100 shares of Cellectar Biosciences stock prior to the reverse split would have 10 shares after the split.
How were Cellectar Biosciences' earnings last quarter?
Cellectar Biosciences Inc (NASDAQ:CLRB) posted its earnings results on Tuesday, November, 13th. The biopharmaceutical company reported ($1.65) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.83) by $0.82. View Cellectar Biosciences' Earnings History.
When is Cellectar Biosciences' next earnings date?
What is the consensus analysts' recommendation for Cellectar Biosciences?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cellectar Biosciences in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cellectar Biosciences.
Has Cellectar Biosciences been receiving favorable news coverage?
News coverage about CLRB stock has been trending positive on Monday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cellectar Biosciences earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the biopharmaceutical company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term.
Who are some of Cellectar Biosciences' key competitors?
Some companies that are related to Cellectar Biosciences include Oncolytics Biotech (ONCY), ContraFect (CFRX), ProPhase Labs (PRPH), Oncomed Pharmaceuticals (OMED), Neurotrope (NTRP), Heat Biologics (HTBX), Addex Therapeutics (ADDXF), Sophiris Bio (SPHS), Novan (NOVN), AzurRx BioPharma (AZRX), Catabasis Pharmaceuticals (CATB), Adial Pharmaceuticals (ADIL), Q BioMed (QBIO), Aileron Therapeutics (ALRN) and IMMURON LTD/S (IMRN).
Who are Cellectar Biosciences' key executives?
Cellectar Biosciences' management team includes the folowing people:
- Mr. James V. Caruso, Pres, CEO & Director (Age 60)
- Mr. Jarrod Longcor, Chief Bus. Officer (Age 46)
- Mr. Brian M. Posner, VP & CFO (Age 57)
- Gregory J. Lynch, Sec.
- Dr. Michael R. Kurman M.D., Advisor (Age 67)
How do I buy shares of Cellectar Biosciences?
Shares of CLRB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cellectar Biosciences' stock price today?
One share of CLRB stock can currently be purchased for approximately $1.90.
How big of a company is Cellectar Biosciences?
Cellectar Biosciences has a market capitalization of $9.04 million. The biopharmaceutical company earns $-13,560,000.00 in net income (profit) each year or ($10.70) on an earnings per share basis. Cellectar Biosciences employs 15 workers across the globe.
What is Cellectar Biosciences' official website?
How can I contact Cellectar Biosciences?
Cellectar Biosciences' mailing address is 3301 AGRICULTURE DRIVE, MADISON WI, 53716. The biopharmaceutical company can be reached via phone at 608-441-8120 or via email at [email protected]
MarketBeat Community Rating for Cellectar Biosciences (NASDAQ CLRB)
MarketBeat's community ratings are surveys of what our community members think about Cellectar Biosciences and other stocks. Vote "Outperform" if you believe CLRB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLRB will underperform the S&P 500 over the long term. You may vote once every thirty days.
