Fundraising Fox

Cellectar Biosciences

NASDAQ: CLRB

Madison, US · Delaware corporation · 2 known investors

Find your way into Cellectar Biosciences

209 people in our graph share verified history with the Cellectar Biosciences team — schools, employers, funds. One of them is your warm intro.

Luca Rossettounlockedknows Chad J. Kolean · together at Arthur Andersen & Co. (overlapped)
×7knows the team · via Arthur Andersen & Co.
knows the team · via Titan Spine
×2knows the team · via Boston University School of Medicine
knows the team · via Dickinson College

Cellectar Biosciences is a clinical-stage oncology company developing targeted cancer therapies using its proprietary PLE (phospholipid ether) delivery platform, which delivers therapeutic payloads directly to cancer cells. It focuses on advanced cancers with high unmet needs, including work related to triple-negative breast cancer.

Founders & leadership

JPJamey P. Weichert
Jamey P. WeichertinFounder, Director, CSO2002–2016Jamey P. Weichert is a researcher with expertise in targeted cancer imaging and therapy development, holding over 50 patents in the field. He co-founded Cellectar Biosciences and has served as faculty director of the University of Wisconsin Carbone Cancer Center's Small Animal Imaging and Radiotherapy facility.
JE
John E. Friend IIExecutive
JV
James V. CarusoExecutive
JLJarrod Longcor
Jarrod LongcorinChief Operating OfficerJarrod Longcor is an executive at Cellectar Biosciences with over two decades of experience in the biopharmaceutical industry, including roles in business development, operations, and strategic planning for small to mid-sized biotech companies. He has led cross-functional teams in areas including product licensing, mergers and acquisitions, fundraising, and clinical and manufacturing operations.
SP
Simon PedderinCEO
CJ
Chad J. KoleaninVP & CFOChad J. Kolean is an executive at Cellectar Biosciences with background in finance including roles as CFO and in treasury and controllership, with experience in financial planning, reporting, and information systems.
SL
Stefan LorenNamed on SEC filing
JP
John P. HamillNamed on SEC filing

Board

JN
John NeisBoard director
FW
Frederick W. DriscollBoard director
DJ
Douglas J. SwirskyBoard director
SA
Stephen A. HillBoard director

Investors · 2

Also in the syndicate · 1

Ladenburg Thalmann & Co. Inc.

Funding

SEC filings, press & company announcements

$204.2M disclosed across 7 rounds · 2014–2026

  • $140MraisedMay 2026 · 2 sources
    Source ↗
  • $5.8MraisedOct 2025 · 2 sources

    Ladenburg Thalmann & Co. Inc.

    Source ↗
$24.5MraisedSep 2023 · 21 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chad J. KoleanExecutive Officer
  • Jarrod LongcorExecutive Officer
  • Darrell Shane LeaExecutive Officer
  • Frederick W. DriscollDirector
  • James V. CarusoExecutive Officer, Director
  • Stefan D. LorenDirector
  • John NeisDirector
  • Asher Alban Chanan-KahnDirector
  • Douglas J. SwirskyDirector
  • Andrei ShustovExecutive Officer
Offering amount
$24.5M
Amount sold
$24.5M
Minimum investment
$84.4K
Sales commissions
$1.4M
Placement agents
Oppenheimer & Co. Inc.
First sale
Sep 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$20.5MraisedJan 2021 · 16 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Dov ElefantExecutive Officer
  • James V. CarusoExecutive Officer, Director
  • Frederick W DriscollDirector
  • Stephen A. HillDirector
  • John FriendDirector
  • John NeisDirector
  • Douglas J. SwirskyDirector
  • Jarrod LongcorExecutive Officer
  • Stefan LorenDirector
Offering amount
$20.5M
Amount sold
$20.5M
Sales commissions
$1.4M
Placement agents
Oppenheimer & Co. Inc
First sale
Dec 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedMay 2019 · 11 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • James V. CarusoExecutive Officer, Director
  • Stephen A. HillDirector
  • Jarrod LongcorExecutive Officer
  • Douglas J. SwirskyDirector
  • Frederick W DriscollDirector
  • Charles T. BernhardtExecutive Officer
  • John NeisDirector
  • Stefan LorenDirector
Offering amount
$14.6M
Amount sold
$5M
Sales commissions
$378.4K
Placement agents
Roth Capital Partners, LLC
First sale
May 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7.8MraisedOct 2017 · 3 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Frederick W. DriscollDirector
  • John E. Friend IIExecutive Officer
  • Douglas J. SwirskyDirector
  • Stefan LorenDirector
  • Stephen A. HillDirector
  • James V. CarusoExecutive Officer, Director
  • Jarrod LongcorExecutive Officer
  • John P. HamillExecutive Officer
  • John NeisDirector
Offering amount
$7.8M
Amount sold
$7.8M
Sales commissions
$582.5K
Placement agents
Landenburg Thalmann & Co. Inc.
First sale
Oct 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$617.5KraisedAug 2014 · 8 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen A. HillDirector
  • Jamey P. WeichertExecutive Officer, Director
  • Paul BernsDirector
  • Simon PedderExecutive Officer, Director
  • Chad J. KoleanExecutive Officer
  • John NeisDirector
Offering amount
$1M
Amount sold
$617.5K
First sale
Aug 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with Cellectar Biosciences for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2022$2M
National Institutes of Health (NIH)National Institutes of HealthPhase II2021$2M
National Institutes of Health (NIH)National Institutes of HealthPhase I2015$2M
National Institutes of Health (NIH)National Institutes of HealthPhase ISTTR2007$150.2K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Cellectar Biosciences do?
Cellectar Biosciences is a clinical-stage oncology company developing targeted cancer therapies using its proprietary PLE (phospholipid ether) delivery platform, which delivers therapeutic payloads directly to cancer cells. It focuses on advanced cancers with high unmet needs, including work related to triple-negative breast cancer.
Who founded Cellectar Biosciences?
Cellectar Biosciences was founded by Jamey P. Weichert.
Who are Cellectar Biosciences's investors?
Cellectar Biosciences's investors include Venture Investors Health Limited Partnership.
How much funding has Cellectar Biosciences raised?
Cellectar Biosciences has disclosed $204.2M raised across 7 rounds.
Where is Cellectar Biosciences headquartered?
Cellectar Biosciences is headquartered in Madison, US.