Cellectar Biosciences Inc (FRA:NV40)
€ 0.25 (0%) Market Cap: 18.11 Mil Enterprise Value: 12.58 Mil PE Ratio: 0 PB Ratio: 3.89 GF Score: 19/100

Q3 2025 Cellectar Biosciences Inc Earnings Call Transcript

Nov 13, 2025 / 01:30 PM GMT
Release Date Price: €0.2515

Key Points

Positve
  • Cellectar Biosciences Inc (CLRB) has made significant advancements in its global regulatory strategy for iapofecine I-131, receiving confirmation of eligibility to file for conditional marketing approval in the EU.
  • The company has strengthened its balance sheet by raising approximately $12.7 million in recent financings, ensuring adequate funding for operations into the third quarter of 2026.
  • Iapofecine I-131 has been granted breakthrough designation for Waldenstrom's macroglobulinemia by the FDA, with a high probability of accelerated approval.
  • Cellectar Biosciences Inc (CLRB) is actively pursuing strategic partnerships to expedite the commercialization of iapofecine I-131 and secure non-dilutive capital.
  • The company has initiated a phase 1B study of CLR 125 for triple negative breast cancer, showcasing progress in its next-generation radiopharmaceutical pipeline.
Negative
  • Cellectar Biosciences Inc (CLRB) reported a decrease in cash and cash equivalents from $23.3 million at the end of 2024 to $12.6 million by the end of the third quarter of 2025.
  • Research and development expenses decreased due to lower costs related to the Clover Wham study, indicating a potential slowdown in ongoing research activities.
  • The company faces significant financial requirements, with an estimated $40 million needed for the full patient enrollment of the phase 3 confirmatory study in the US.
  • General and administrative expenses decreased significantly, which may reflect reduced pre-commercialization and market assessment efforts.
  • The initiation of the CLR 225 phase 1 trial for pancreatic cancer is pending additional financing, indicating potential delays in advancing this program.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CLRB.OQ - Cellectar Biosciences Inc
Q3 2025 Cellectar Biosciences Inc Earnings Call
Nov 13, 2025 / 01:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning ladies and gentlemen, and welcome to the Select our Biosciences 3rd quarter 2025 earnings call. At this time, all lines are in listen-only mode.

Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press 0 for the operator.

This call is being recorded on Thursday, November 13th, 2025.

I would now like to turn the conference over to.

And see.

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Unidentified_2 [2]
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Thank you, operator. Good morning and
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