Cellectar Biosciences

OverviewSuggest Edit

Cellectar Biosciences is a clinical stage biopharmaceutical company that engages in the development of targeted phospholipid drug conjugates (PDCs) for the treatment and imaging of cancer. The Company offers product candidates for the treatment of relapse or refractory multiple myeloma, B-cell malignancies and micrometastatic disease, as well as for the treatment of chemotherapy. It also provides PDCs for the selective detection of tumors and metastases, and intraoperative tumor and tumor margin illumination.

TypePublic
Founded1996
HQMadison, US
Websitecellectar.com

Latest Updates

Employees (est.) (Dec 2018)7(-53%)
Share Price (Jun 2019)$2.2 (-3%)

Key People/Management at Cellectar Biosciences

Fred Driscoll

Fred Driscoll

Director
John Neis

John Neis

Director
Stefan D. Loren

Stefan D. Loren

Director
Douglas Swirsky

Douglas Swirsky

Chairman of the Board
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Cellectar Biosciences Office Locations

Cellectar Biosciences has an office in Madison
Madison, US (HQ)
3301 Agriculture Dr
Show all (1)

Cellectar Biosciences Financials and Metrics

Cellectar Biosciences Revenue

USD

Net income (Q1, 2019)

(3.6m)

EBIT (Q1, 2019)

(3.6m)

Market capitalization (10-Jun-2019)

21.0m

Closing stock price (10-Jun-2019)

2.2

Cash (31-Mar-2019)

10.5m
Cellectar Biosciences's current market capitalization is $21 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

General and administrative expense

4.4m3.7m3.4m4.7m4.1m4.8m

R&D expense

6.9m6.0m5.2m4.8m9.5m6.8m

Operating expense total

12.4m9.7m8.8m9.4m13.6m13.3m

EBIT

(12.4m)(9.9m)(8.8m)(9.4m)(13.6m)(13.3m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

General and administrative expense

843.6k1.1m959.9k802.8k943.4k817.7k834.9k961.3k1.4m1.2m955.4k1.0m1.2m1.3m1.2m1.1m1.3m

R&D expense

2.1m1.7m1.4m1.5m1.6m1.4m1.2m1.0m965.2k1.3m1.9m2.2m2.3m2.1m1.7m2.0m2.3m

Operating expense total

2.9m2.8m2.5m2.3m2.6m2.3m2.1m2.0m2.3m2.5m2.8m3.2m3.5m3.5m2.9m3.1m3.6m

EBIT

(2.9m)(2.8m)(2.5m)(2.3m)(2.6m)(2.3m)(2.1m)(2.0m)(2.3m)(2.5m)(2.8m)(3.2m)(3.5m)(3.5m)(2.9m)(3.1m)(3.6m)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.4m9.4m3.9m11.4m10.0m13.3m

Inventories

294.7k220.6k267.8k693.6k

Current Assets

2.8m9.7m4.2m12.2m10.9m14.0m

PP&E

2.4m1.7m244.7k543.3k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

5.1m3.8m1.6m11.6m7.0m4.8m2.5m1.9m7.9m5.6m11.2m8.3m5.7m6.8m4.2m16.4m10.5m

Current Assets

5.5m4.1m2.0m11.9m7.3m5.0m3.0m2.2m8.1m6.1m12.2m9.3m6.7m7.6m5.0m17.1m11.1m

PP&E

2.4m2.3m2.2m2.1m1.9m1.8m1.6m1.6m1.5m1.4m1.6m1.5m228.8k212.0k192.0k516.8k

Goodwill

1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(10.8m)(8.1m)(5.5m)(6.2m)(13.6m)(13.2m)

Depreciation and Amortization

424.8k367.2k362.5k356.7k1.5m82.3k

Inventories

48.1k74.1k(8.6k)(464.4k)

Accounts Payable

445.1k(258.1k)740.5k451.3k(258.8k)
Quarterly
USDY, 2019

Financial Leverage

1.3 x
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Cellectar Biosciences Online and Social Media Presence

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Cellectar Biosciences News and Updates

Thinking about buying stock in Cellectar Biosciences, Cisco Systems, PDS Biotechnology, Uber, or Walmart?

NEW YORK, May 16, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CLRB, CSCO, PDSB, UBER, and WMT. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Cellectar Biosciences Announces $10.0 Million Financing

FLORHAM PARK, N.J., May 16, 2019 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of drugs for the treatment of cancer, today announced that it has entered into definitive agreemen…

Cellectar Biosciences Frequently Asked Questions

  • When was Cellectar Biosciences founded?

    Cellectar Biosciences was founded in 1996.

  • Who are Cellectar Biosciences key executives?

    Cellectar Biosciences's key executives are Fred Driscoll, John Neis and Stefan D. Loren.

  • How many employees does Cellectar Biosciences have?

    Cellectar Biosciences has 7 employees.

  • Who are Cellectar Biosciences competitors?

    Competitors of Cellectar Biosciences include Agenus, ImmunoCellular Therapeutics and Tetherex.

  • Where is Cellectar Biosciences headquarters?

    Cellectar Biosciences headquarters is located at 3301 Agriculture Dr, Madison.

  • Where are Cellectar Biosciences offices?

    Cellectar Biosciences has an office in Madison.

  • How many offices does Cellectar Biosciences have?

    Cellectar Biosciences has 1 office.