Business
Cellectar Biosciences Hires Dr. Andrei Shustov as New Senior Vice President, Medical
FLORHAM PARK, N.J., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on

About this update from Cellectar Biosciences, Inc.
[{"type":"text","content":"FLORHAM PARK, N.J., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development and commercialization of drugs for the treatment of cancer, today announced that it has hired Andrei Shustov, M.D., as its new Senior Vice President, Medical reporting to Mr. James Caruso, president and CEO. In this role, Dr. Shustov will lead and provide oversight on all aspects of the Company’s clinical development program, medical affairs, and medical communications. “It is a pleasure for me to welcome Andrei to the Cellectar team,” said James Caruso, president, and CEO of Cellectar. “His strong business orientation, excellent cultural alignment and extensive hematology experience makes him our ideal medical lead. Andrei’s three decades of multi-faceted experience as a research scientist, a practicing academic clinician, a full professor of medicine in hematology/oncology, as well as a clinical development expert, further enhances our clinical and translational medicine expertise. We look forward to his leadership as we advance iopofosine I 131 to market and further develop our pipeline assets.” Dr. Shustov added, “I am excited to join this highly dedicated and talented team focused on developing iopofosine as a treatment for patients with devastating diseases that have limited or no approved treatment options, starting in Waldenstrom’s macroglobulinemia. With data anticipated this year and compelling activity shown across several indications, I look forward to assisting the team to realize the full potential of iopofosine and Cellectar’s extensive pipeline of cancer-treating assets.” Dr. Shustov, brings over three decades of research, clinical, development, and academic experience in hematology. He most recently served as Senior Medical Director, Late-Stage Clinical Development at Seagen, Inc. where he provided clinical expertise and oversight of regulatory submissions and activities of the Global Development Team. Prior to Seagen, Dr. Shustov spent 15 years on faculty in the Division of Hematology, Department of Medicine at the University of Washington and Fred Hutchinson Cancer Research Center in Seattle, finishing his academic career as full Professor of Medicine. Dr. Shustov is author or co-author on over 100 research papers; author of 10 h...