earnings
confidence high
sentiment neutral
materiality 0.60
Cellectar Q2 net loss $6.9M; cash $34M; Phase 3 iopofosine trial site activation started
Cellectar Biosciences, Inc.
2026-Q2 EPS reported
-$1.52
- Net loss $6.9M ($0.57/share) vs $5.4M ($3.39/share) in Q2 2025; R&D up to $4.6M from $2.4M.
- Cash $34.0M at June 30, 2026 vs $13.2M at Dec 31, 2025; funded into Q2 2027.
- Initiated site activation for confirmatory Phase 3 iopofosine I 131 in WM; NDA planned mid-2027 under accelerated approval.
- Dosed first patients in Phase 1b CLR 125 for triple-negative breast cancer.
- May 2026 financing: ~$35M upfront, up to $105M milestone-based securities to fund Phase 3.