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Cellectar Biosciences to Announce First Quarter Financial Results and Host a Conference Call on Tuesday, May 14, 2024

Key Takeaway: Cellectar Biosciences, Inc. is set to announce its financial results for Q1 2024 on May 14, 2024. The company, specializing in cancer treatment drug development, will also conduct a conference call to discuss these results in detail. This event represents an opportunity for investors to gain insights into the company's progress, including developments in their proprietary drug delivery platform and product pipeline. The call is scheduled for 8:30 AM Eastern Time and will be accessible via toll-free numbers and webcast.
Price reaction · baseline $99.9 (2024-05-06 close) · hit after-hours · 1 other CLRB headline(s) in the window, move may be shared
day 0 close · peak
-1.2%

Market Sentiment Analysis

POSITIVE FACTORS

  • Cellectar Biosciences is focused on innovative drug development for cancer treatment.
  • The upcoming conference call offers potential insights into financial results and company updates.
  • The company's proprietary Phospholipid Drug Conjugate platform shows promise for cancer therapies.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+42%
120-day peak, hindsight
Typical move
2.9%
average across 4 past catalysts
Cash runway
~17 mo
Low dilution risk
Lead asset
I-131-CLR1404
Phase 1 · Multiple Myeloma

Full Press Release Details

FLORHAM PARK, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced that the company will report its financial results for the three months ended March 31, 2024, on Tuesday, May 14, 2024. Management will also host a conference call with investors to discuss financial results and provide an overview at 8:30 am Eastern Time. Details for the call are as follows:
Conference Call & Webcast Details:
Date: Tuesday, May 14
Time: 8:30 am Eastern Time
Toll Free: 1-800-717-1738
Webcast: Click HERE
Call me™ Click HERE
Participants may use the dial-in numbers above for an operator OR click the Call meTM link for instant telephone access to the event. The Call meTM link will be made active 15 minutes prior to the scheduled start time.
A replay of the call will be available on Events section of the company’s investor relations website.
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 lead asset iopofosine I 131, a small-molecule PDC designed to provide targeted delivery of iodine-131 (radioisotope), proprietary preclinical PDC chemotherapeutic programs and multiple partnered PDC assets.
For more information, please visit www.cellectar.com and www.wmclinicaltrial.com or join the conversation by liking and following us on the company’s social media channels: Twitter, LinkedIn, and Facebook.

Frequently Asked Questions

When will Cellectar Biosciences report its financial results?

Cellectar Biosciences will report its financial results on May 14, 2024.

What time is the conference call scheduled?

The conference call will start at 8:30 am Eastern Time.

How can I access the conference call?

You can call 1-800-717-1738 or click the Call me™ link for access.

What is Cellectar Biosciences' core focus?

The company focuses on developing cancer-targeting drugs using its PDC platform.

What is iopofosine I 131?

Iopofosine I 131 is a targeted delivery drug using iodine-131 for cancer treatment.

Last updated: May 7, 2024