Cellectar Biosciences to Present at the 5th Annual SeeThru Equity Microcap Investor Conference
24 Mai 2016 - 2:30PM
Cellectar Biosciences, Inc. (Nasdaq:CLRB), an oncology-focused
biotechnology company, announces today its CEO, Jim Caruso, will be
presenting at the 5th Annual SeeThru Equity Microcap Investor
Conference on Tuesday, May 31, 2016 at 11:00 AM ET. The
conference is being held at Convene, which is located at 730 Third
Avenue in New York City.
“We will continue to actively engage and educate the investment
community on the unique science and clinical potential of our
Phospholipid Drug Conjugate (PDC) delivery platform and associated
product pipeline,” said Mr. Caruso. “The SeeThru Equity Microcap
Investor Conference provides a meaningful opportunity to expand
awareness of our novel technology and provide a company performance
update.”
Following the presentation, a link will be posted to the
company’s website and include the presentation and accompanying
audio.
About Cellectar Biosciences, Inc. Cellectar
Biosciences is developing phospholipid drug conjugates (PDCs)
designed to provide cancer targeted delivery of diverse oncologic
payloads to a broad range of cancers and cancer stem cells.
Cellectar's PDC Delivery Platform is based on the company's
proprietary phospholipid ether analogs. These novel small-molecules
have demonstrated highly selective uptake and retention in a broad
range of cancers. Cellectar's PDC pipeline includes product
candidates for cancer therapy and cancer diagnostic imaging. The
company's lead therapeutic PDC, CLR 131, utilizes iodine-131, a
cytotoxic radioisotope, as its payload. CLR 131 is currently being
evaluated under an orphan drug designated Phase 1 study in patients
with relapsed or refractory multiple myeloma. The company is also
developing PDCs for targeted delivery of chemotherapeutics such as
paclitaxel (CLR 1602-PTX), a preclinical stage product candidate,
and plans to expand its PDC chemotherapeutic pipeline through both
in-house and collaborative R&D efforts. For additional
information please visit www.cellectarbiosciences.com.
This news release contains forward-looking statements. You can
identify these statements by our use of words such as "may,"
"expect," "believe," "anticipate," "intend," "could," "estimate,"
"continue," "plans," or their negatives or cognates. These
statements are only estimates and predictions and are subject to
known and unknown risks and uncertainties that may cause actual
future experience and results to differ materially from the
statements made. These statements are based on our current beliefs
and expectations as to such future outcomes. Drug discovery and
development involve a high degree of risk. Factors that might cause
such a material difference include, among others, uncertainties
related to the ability to raise additional capital, uncertainties
related to the ability to attract and retain partners for our
technologies, the identification of lead compounds, the successful
preclinical development thereof, the completion of clinical trials,
the FDA review process and other government regulation, our
pharmaceutical collaborators' ability to successfully develop and
commercialize drug candidates, competition from other
pharmaceutical companies, product pricing and third-party
reimbursement. A complete description of risks and uncertainties
related to our business is contained in our periodic reports filed
with the Securities and Exchange Commission including our Form 10-K
for the year ended December 31, 2015. These forward-looking
statements are made only as of the date hereof, and we disclaim any
obligation to update any such forward-looking statements.
INVESTOR AND MEDIA CONTACT:
Jules Abraham JQA Partners 917-885-7378
jabraham@jqapartners.com
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