STOCK PICK: Cellectar Biosciences, Inc. (NASDAQ: CLRB)

Multiple near-term catalysts ahead.

"The third quarter proved to be highly productive for Cellectar with CLR 131 receiving FDA Fast Track Designation for DLBCL and Orphan Drug Designation for multiple myeloma from the European Commission. In addition, we presented incremental positive data at international scientific conferences. We continue to anticipate data from our ongoing clinical studies by the end of this year and in early 2020." - Jim Caruso, CEO of Cellectar Biosciences

Radiotherapeutic Market Opportunity

It is estimated by Research & Markets that the radiotherapeutic market will generate $9.3 billion in 2020 as the market continues to grow with a CAGR of 10.2% through 2025.

Acquisition Potential

Recently, we’ve seen acquisitions in the radiotherapeutics market, with Novartis buying Advanced Accelerator Applications for $3.9 billion and Endocyte for $2.1 billion!

Read CLRB's SEC Filings

Click the button to the right to see Cellectar Biosciences' SEC filings.

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