![]() Cellectar Biosciences Cellectar Biosciences (formerly Novelos Therapeutics) is a clinical biopharmaceutical company that focuses on the discovery, development, and commercialization of drugs for the treatment of cancer. | ||
Founding Date | Founding Date 2020 | Founding Date 1996 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations HQ | Locations Florham Park, US HQ |
Employees | Employees N/A | Employees 1145% decrease |
Valuation ($) | Valuation ($) 687.6 k | Valuation ($) 73.7 m |
Financial | ||
Net income | Net income ($1.5m) (FY, 2023) | Net income ($21.8m) (FY, 2025) |

Cellectar Biosciences (formerly Novelos Therapeutics) is a clinical biopharmaceutical company that focuses on the discovery, development, and commercialization of drugs for the treatment of cancer.
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