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The potential for accelerated approval could boost investor confidence, similar to past FDA communications positively impacting stocks.
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Cellectar updates clinical programs for its cancer treatment platform. FDA communications indicate possible accelerated approval for iopofosine I 131. Focus will shift to promising assets like CLR 121225 and CLR 121125. Company to reduce headcount by 60% to extend cash runway. Current stock price down 73.40% at $0.34 post-update.
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