Cellectar reports Q1 net loss $5.7M; positive iopofosine data, up to $140M financing

Cellectar Biosciences, Inc.

2026-Q1 EPS reported -$1.33

Q1 net loss $5.7M ($1.33/share) vs $6.6M ($4.30/share) YoY; cash $8.3M at March 31.
Positive 12-month follow-up from CLOVER WaM: 61.8% MRR, 83.6% ORR, median PFS 13.5 months in r/r WM.
Completed $35M upfront + up to $105M milestone financing led by Nantahala Capital; Andrew Gu to join board.
Initiated Phase 1b trial of CLR 125 in triple negative breast cancer; first patient dosed. Dosimetry data expected mid-2026.
Selected for ASCO 2026 presentation of CLOVER-WaM subgroup data on iopofosine post-BTKi therapy.

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