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Cellectar jumps on EMA's 'Priority Medicines' tag for blood cancer drug



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** Shares of Cellectar Biosciences CLRB.O rise 4.1% to $2.30 premarket

** Drug developer says the European Medicines Agency (EMA) has granted Priority Medicines (PRIME) designation to iopofosine I 131, its experimental drug for Waldenström macroglobulinemia (WM)

** WM is a rare blood cell cancer characterized by an excess of abnormal white blood cells in the bone marrow

** PRIME is a scheme run by the European Medicines Agency (EMA) to enhance support for the development of medicines that target an unmet medical need

** Up to last close, shares up 29.2% YTD



Reporting by Christy Santhosh

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