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Added to YB: 2024-01-04

Pitch date: 2024-01-04

CLRB [bullish]

Cellectar Biosciences, Inc.

-95.85%

current return

Author Info

@smantel is an ex-sell side analyst with a focus on fundamental research. Follow him on Twitter.

Company Info

Cellectar Biosciences, Inc., a clinical biopharmaceutical company, focuses on the discovery, development, and commercialization of drugs for the treatment of cancer in the United States.

Market Cap

$9.2M

Pitch Price

$87.30

Price Target

N/A

Dividend

N/A

EV/EBITDA

0.04

P/E

-0.29

EV/Sales

N/A

Sector

Biotechnology

Category

special_situation

Show full summary:
I like R/R set up going into the Monday A.M CC & Biotech showcase - $CLRB

$CLRB $2.90 lead drug targets cancer w/BBB penetration 5.5% short 11M float $80M EV Vs $FPRX 450% 2.32->10.43 $460M EV Narrowed competition PRIME/Fast Track '24 NDA? $21M cash+PIPE IP growth Risks: $JNJ mgmt analyst tgt $7-8 dilution

Read full article (2 min)