Earnings Call Summary | Cellectar BioSciences(CLRB.US) Q1 2024 Earnings Conference
Earnings Call Summary | Cellectar BioSciences(CLRB.US) Q1 2024 Earnings Conference
The following is a summary of the Cellectar Biosciences, Inc. (CLRB) Q1 2024 Earnings Call Transcript:
以下是Cellectar Biosciences, Inc.（CLRB）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Cellectar Biosciences saw a significant increase in cash and cash equivalents in Q1 2024, growing to $40.0 million from $9.6 million at the end of 2023 due to the exercise of warrants.
The company utilized $13.4 million in net cash for its operations during the quarter.
Research and Development (R&D) expenses increased when compared to Q1 2023, reaching $7.4 million.
General and Administrative (G&A) expenses also rose to $4.6 million in Q1 2024, marking a jump from $2.1 million in the same period the previous year.
The net loss attributable to common stockholders for the first quarter stood at $21.4 million or $0.74 per share, compared to $8.6 million or $0.76 per share in 2023.
由於認股權證的行使，Cellectar Biosciences在2024年第一季度的現金和現金等價物大幅增加，從2023年底的960萬美元增至4,000萬美元。
該公司在本季度的運營中使用了1,340萬美元的淨現金。
與2023年第一季度相比，研發（R&D）支出有所增加，達到740萬美元。
一般和行政（G&A）支出也從去年同期的210萬美元增至2024年第一季度的460萬美元。
第一季度歸屬於普通股股東的淨虧損爲2140萬美元，合每股虧損0.74美元，而2023年爲860萬美元，合每股虧損0.76美元。
Business Progress:
業務進展：
Cellectar Biosciences confirmed they are on track for a Q2 data announcement concerning the fully enrolled patient study population.
Plans to submit their New Drug Application (NDA) to the FDA are in progress for the second half of the year.
A strategic partnership with the American Oncology Network (AON) has been formed to improve the management and treatment of Waldenstrom's macroglobulinemia patients.
Cellectar Biosciences announced promising preclinical data for three of its internally developed alpha emitters.
The initiation and enrollment of the first patient in their Phase Ib clinical study by iopofosine I 131 in pediatric high grade gliomas highlights continued progress in its clinical program.
They are gearing up for 2025 launch of iopofosine I 131 with extensive investment.
Cellectar has adopted a flexible modular manufacturing strategy to cut both fixed and operating costs.
The company has continued to retain its Orphan Drug Designation, promising potential for premium pricing.
Ongoing premium pricing discussions and potential collaborations outside of the U.S. as part of their commercial strategy.
Cellectar Biosciences證實，他們有望在第二季度發佈有關全部入組患者研究人群的數據。
下半年向美國食品藥品管理局提交新藥申請（NDA）的計劃正在進行中。
已經與美國腫瘤網絡（AON）建立了戰略合作伙伴關係，以改善對Waldenstrom巨球蛋白血癥患者的管理和治療。
Cellectar Biosciences公佈了其內部開發的三種α發射體的臨床前數據，這些數據令人鼓舞。
iopofosine I 131在兒科高級別神經膠質瘤的Ib期臨床研究中啓動和入組了第一位患者，這凸顯了其臨床計劃的持續進展。
他們正在爲2025年推出iopofosine I 131做準備，並進行了大量投資。
Cellectar採用了靈活的模塊化製造策略來削減固定和運營成本。
該公司繼續保留其孤兒藥稱號，有望實現溢價定價。
作爲其商業戰略的一部分，正在進行的溢價定價討論和潛在的合作。
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譯文內容由第三人軟體翻譯。