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Cellectar Biosciences Enhances CEO and COO Severance Benefits

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Cellectar Biosciences Enhances CEO and COO Severance Benefits

Cellectar Biosciences ( (CLRB) ) just unveiled an announcement.

On March 12, 2025, Cellectar Biosciences’ board approved amendments to the employment agreements of its CEO and COO, enhancing their severance benefits in the event of a change in control. Additionally, on March 11, 2025, the board adopted new by-laws to align with Delaware law, revising stockholder nomination procedures and reducing the quorum requirement for meetings.

More about Cellectar Biosciences

Cellectar Biosciences, Inc. operates in the biotechnology industry, focusing on the development of innovative therapies for cancer treatment.

YTD Price Performance: -2.78%

Average Trading Volume: 2,032,924

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $14.54M

For an in-depth examination of CLRB stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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