Form: SB-2

Optional form for registration of securities to be sold to the public by small business issuers

May 25, 2007

Exhibit 23.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors
Novelos Therapeutics, Inc.
 
We consent to the use of our report dated March 19, 2007 in the Registration Statement of Novelos Therapeutics, Inc. on Form SB-2, relating to the registration of 23,400,000 shares of common stock. We also consent to the use of our name and the reference to us in the ‘‘Experts’’ section of this registration statement.
 
/s/ Stowe & Degon
 
Worcester, MA
May 25, 2007