Cellectar Biosciences and SpectronRx Partner to Manufacture Novel Phospholipid Radioconjugate for the Treatment of Cancer
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Cellectar Biosciences has partnered with SpectronRx to manufacture a novel phospholipid radioconjugate for cancer treatment. This partnership aims to expand Cellectar's global manufacturing network in anticipation of the potential commercialization of Iopofosine I 131 in 2025.
November 12, 2024 | 1:30 pm
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Cellectar Biosciences has partnered with SpectronRx to manufacture a new cancer treatment, Iopofosine I 131, expanding its manufacturing capabilities for potential commercialization in 2025.
The partnership with SpectronRx is a strategic move for Cellectar Biosciences to enhance its manufacturing capabilities, which is crucial for the potential commercialization of Iopofosine I 131. This development is likely to positively impact CLRB's stock as it shows progress towards bringing a new cancer treatment to market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90