Cellectar Biosciences, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

FIXED ASSETS (Tables)

FIXED ASSETS (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Fixed assets consisted of the following at December 31:

	2012			2011

Office and laboratory equipment	$	3,151,120		$	3,069,889
Computer software		4,000			4,000
Leasehold improvements		2,337,935			2,324,672
Total fixed assets		5,493,055			5,398,561
Less accumulated depreciation and amortization		(2,848,052	)		(2,353,996	)
Fixed assets, net	$	2,645,003		$	3,044,565

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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