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CLRBNasdaqPharmaceutical PreparationsFiscal year ends December 31

Cellectar Biosciences, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$1.12−0.02 (-1.75%)

Close on Oct 19, 2026

Market cap
$13.70M
P/E (TTM)
–
Dividend yield
–

About Cellectar Biosciences

Pharmaceutical Preparations, SIC 2834

The company is a clinical-stage biopharmaceutical firm that develops targeted cancer therapies using a proprietary phospholipid ether drug conjugate platform. Its research pipeline centers on phospholipid radioconjugates that deliver radioactive isotopes directly into malignant cells while sparing healthy tissue. Key product candidates include iopofosine I 131, a beta-emitting agent evaluated for blood cancers, alongside preclinical and early clinical programs CLR 125 and CLR 225, which utilize Auger and alpha radiation for solid tumors. The firm primarily serves cancer patients, targeting adult and pediatric populations diagnosed with conditions such as Waldenstrom macroglobulinemia, multiple myeloma, central nervous system lymphoma, and rare solid tumors.

The company operates clinical development activities across multiple regions, conducting studies in the United States and at international research facilities. Its clinical footprint includes trials administered through approximately ten American cancer centers and seven international pediatric institutions. The provided text does not state the location of the company's corporate headquarters.

Summary of the business section of Cellectar Biosciences's latest annual report, written by StockData.

Company profile

Company

Legal name
Cellectar Biosciences, Inc.
Headquarters
Florham Park, NJ
Address
100 Campus Drive 07932
Phone
(608) 441-8120
Employees
11, Dec 31, 2025
Industry
Pharmaceutical Preparations
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Morristown, New Jersey

Stock & identifiers

Ticker
CLRB
Exchange
Nasdaq
Shares outstanding
9M, Aug 11, 2026
Public float
$12.85M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
Stock splits
1-for-30 reverse, Jun 24, 2025; 1-for-30 reverse, Jun 24, 2025; 1-for-10 reverse, Jul 22, 2022; 1-for-10 reverse, Jun 27, 2022; 1-for-10 reverse, Aug 10, 2018; 1-for-10 reverse, Jul 17, 2018; 1-for-10 reverse, Mar 11, 2016; 1-for-10 reverse, Mar 7, 2016; 1-for-20 reverse, Aug 4, 2014; 1-for-20 reverse, Jun 16, 2014; 1-for-153 reverse, Apr 11, 2011
SEC CIK
1279704
CUSIP
15117F880
ISIN
US15117F8804
LEI
5493000NFZCRG7BYQV93
EIN
04-3321804

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
James V. CarusoPresident & CEO, Director20,318
Jarrod LongcorChief Operating Officer20,451
Chad J. KoleanCFO6,418
John NeisDirector10
Asher Chanan-KhanDirector–
Andrew GuDirector–
Frederick W. DriscollDirector19,417
Douglas J. SwirskyDirector25,000

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
James V. Caruso
$1.06M$886.57K$693.68K$6–
FY2024
James V. Caruso
$3.04M$1.32M$1.53M$18–
FY2023
James V. Caruso
$1.97M$2.35M$1.24M$162–
FY2022
James V. Caruso
$1.46M$146.85K$514.62K$8–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had eleven employees, all of whom were full-time.”

Corporate history

Events identified from SEC filings

DateEventDetails
Jan 31, 2025Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 13, 2024Late filingNotification of late filing
Aug 23, 2024Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Aug 14, 2024Late filingNotification of late filing
Jul 11, 2024Auditor changeChange in certifying accountant (8-K Item 4.01)
Aug 21, 2023Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 6, 2022Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 2, 2021Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Apr 16, 2021DelistingNotice of delisting from exchange (Form 25)
Aug 20, 2019DelistingNotice of delisting from exchange (Form 25)
Jul 27, 2016Auditor changeChange in certifying accountant (8-K Item 4.01)
Jul 14, 2016Auditor changeChange in certifying accountant (8-K Item 4.01)
Apr 18, 2016ListingRegistration of securities on an exchange (Form 8-A)
Feb 17, 2016Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jan 26, 2016Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Aug 19, 2015Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 18, 2015Late filingNotification of late filing
Aug 14, 2014ListingRegistration of securities on an exchange (Form 8-A)
Feb 11, 2014Name changeName changed from NOVELOS THERAPEUTICS, INC. to Cellectar Biosciences, Inc.
Jun 1, 2011Auditor changeChange in certifying accountant (8-K Item 4.01)
Apr 11, 2011Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 1, 2011Late filingNotification of late filing
Nov 16, 2010Late filingNotification of late filing
Aug 17, 2005Auditor changeChange in certifying accountant (8-K Item 4.01)
Jun 2, 2005Name changeName changed from COMMON HORIZONS INC to NOVELOS THERAPEUTICS, INC.
Jun 2, 2005Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
May 16, 2005Late filingNotification of late filing