Cellectar BioSciences reports Q3 net loss of $4.4 million

Reuters11-13

Cellectar BioSciences reports Q3 net loss of $4.4 million

Cellectar BioSciences Inc. reported a net loss attributable to common stockholders of $4.4 million, or $1.41 per basic and diluted share, for the third quarter ended September 30, 2025. This compares to a net loss of $14.7 million, or $11.18 per basic and $12.13 per diluted share, for the same period in 2024. General and administrative expenses were approximately $2.3 million, down from $7.8 million in the prior year period, mainly due to lower commercialization and personnel costs. During the quarter, the company confirmed eligibility to submit for conditional marketing authorization for iopofosine I-131 in Waldenstrom's Macroglobulinemia in Europe in 2026, initiated a Phase 1b study of CLR 125 for triple-negative breast cancer, and received rare pediatric drug designation for iopofosine I-131 in inoperable relapsed/refractory pediatric high-grade glioma.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cellectar BioSciences Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-110848), on November 13, 2025, and is solely responsible for the information contained therein.

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This compares to a net loss of $14.7 million, or $11.18 per basic and $12.13 per diluted share, for the same period in 2024. General and administrative expenses were approximately $2.3 million, down from $7.8 million in the prior year period, mainly due to lower commercialization and personnel costs. During the quarter, the company confirmed eligibility to submit for conditional marketing authorization for iopofosine I-131 in Waldenstrom's Macroglobulinemia in Europe in 2026, initiated a Phase 1b study of CLR 125 for triple-negative breast cancer, and received rare pediatric drug designation for iopofosine I-131 in inoperable relapsed/refractory pediatric high-grade glioma.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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