Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 56.4K |
Gross Profit | -56.4K |
Operating Expense | 8,705.3K |
Operating I/L | -8,705.3K |
Other Income/Expense | 124.0K |
Interest Income | 124.0K |
Pretax | -8,581.3K |
Income Tax Expense | -124.0K |
Net Income/Loss | -8,457.2K |
Cellectar Biosciences, Inc. is a clinical biopharmaceutical company specializing in the discovery, development, and commercialization of drugs for cancer treatment. The company's lead product is CLR 131, a phospholipid drug conjugate (PDC) candidate currently in Phase 2 clinical studies for various cancers, including Waldenstrom's macroglobulinemia, multiple myeloma, pediatric cancers, and head and neck cancers. Additionally, Cellectar Biosciences is developing CLR 1900, a PDC chemotherapeutic program for solid tumors, and has collaborative PDC programs with several partners. The company generates revenue through the development and commercialization of its drug candidates for cancer therapy.