Cellectar Biosciences Inc (CLRB): One more week before Phase 2 initiation...

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Frankleeinmiami

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Monday, 03/20/2017 7:20:34 PM

Monday, March 20, 2017 7:20:34 PM

One more week before Phase 2 initiation announcement!

Our Phase 2 -- the guidance that we provided relative to the Phase 2 study was initiated -- was initiation in the first quarter of this year. It has not currently been initiated and we will announce that event as it occurs. We fully anticipate to achieve the objective that we set for ourselves. Just as a reminder, we did accelerate guidance from the first half of 2017 to the first quarter.

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Wangzhi Li, Ladenburg Thalmann & Co. - Analyst [4]

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Okay. Got you. So I mean you basically expect to initiate it in the next two weeks, right?

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Jim Caruso, Cellectar Biosciences, Inc. - President, and CEO [5]

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Based on my full understanding of the calendar that we use, you are correct. [Being] the middle March, and the area of 15, 16. You are correct. We fully anticipate to make that announcement. Thank you.