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Lantern Pharma Inc. - LTRN STOCK NEWS

Welcome to our dedicated page for Lantern Pharma news (Ticker: LTRN), a resource for investors and traders seeking the latest updates and insights on Lantern Pharma stock.

Lantern Pharma Inc. (Symbol: LTRN) is at the forefront of innovation in the realm of cancer treatment, striving to deliver the most effective therapies to patients who are poised to benefit the most. The company employs a pioneering precision medicine approach to cancer treatment, leveraging biomarker-based genetic screening to identify and treat patients who would derive the greatest benefit from their drugs. This method not only reduces the cost of drug development but also expedites the time to market.

Lantern Pharma's core business revolves around its proprietary artificial intelligence (AI) and machine learning (ML) platform, RADR. The RADR platform assimilates oncology-focused data points and utilizes advanced ML algorithms to address complex, billion-dollar challenges in cancer drug development. This innovative platform has significantly accelerated the company's growing pipeline of precision therapies, with input from world-class scientific advisors and collaborators.

In addition to its in-house development, Lantern Pharma adopts a strategic approach by acquiring or partnering with promising drug and diagnostic companies. This strategy is aimed at advancing personalized medicine programs for cancer patients, thus broadening the company's impact in the oncology space.

With a commitment to transforming the cost, pace, and timeline of oncology drug discovery and development, Lantern Pharma continues to make strides in the development of precision therapies. The company's recent achievements and ongoing projects underscore its potential to revolutionize cancer treatment and deliver significant value to both patients and stakeholders.

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Lantern Pharma (NASDAQ: LTRN) will host a conference call on July 29, 2021, at 4:30 p.m. ET to discuss its financial and operating results for Q2 2021, ending June 30, 2021. CEO Panna Sharma will lead the call with management team members. The call can be accessed via toll-free numbers and will be available for replay until August 29, 2021. Lantern Pharma is focused on oncology and utilizes its proprietary RADR® A.I. platform to enhance drug discovery and identify suitable patient profiles for its therapeutics.

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Lantern Pharma (LTRN) announced promising preclinical data regarding its drug candidate, LP-184, in collaboration with the Fox Chase Cancer Center. The data showed over 90% tumor shrinkage in pancreatic cancer mouse models within 8 weeks, contrasting with significant tumor growth in untreated mice. The study also indicated that LP-184 is effective against various pancreatic cancer cell lines and patient-derived xenograft models, suggesting its potential for targeted therapy. Additionally, the research validated the role of PTGR1 in enhancing the drug's efficacy, supporting future trials aimed at genetically defined patient populations.

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Lantern Pharma Inc. (LTRN) reported its financial results for Q1 2021, highlighting significant advancements in its oncology drug pipeline. The company expanded its RADR® A.I. platform to over 4.6 billion datapoints, nearly a 16-fold increase since its IPO. Lantern's collaboration with Actuate Therapeutics aims to improve insights into the 9-ING-41 drug candidate using RADR® technology. As of March 31, 2021, cash and cash equivalents rose to $81.4 million, while the net loss increased to $2.45 million, consistent with the previous year. The company remains focused on advancing clinical trials and potential partnerships.

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Lantern Pharma (NASDAQ: LTRN) announced a research and development collaboration with Actuate Therapeutics to utilize its RADR® AI platform in the advancement of Actuate's 9-ING-41 drug candidate, a GSK-3β inhibitor undergoing multiple Phase 2 trials. The collaboration aims to enhance drug development through machine learning and oncology datasets, potentially generating joint intellectual property. Lantern expects its RADR® platform to surpass 10 billion oncology data points within a year, enhancing its capabilities in patient stratification and drug discovery.

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Lantern Pharma (LTRN) announced that its RADR® AI platform has surpassed 4.6 billion datapoints, marking a 16-fold increase over the past year. This advancement enhances the platform's drug discovery capabilities across various cancers, focusing on personalized oncology therapeutics. CEO Panna Sharma highlighted the importance of this milestone in speeding up drug development and increasing collaboration opportunities in the biopharma sector. Additionally, Lantern filed two new patents to protect its innovations in AI-driven drug development.

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Lantern Pharma (NASDAQ: LTRN), a clinical-stage biopharmaceutical company, will host a conference call on May 3, 2021, at 4:30 p.m. ET to discuss its first-quarter financial and operating results for the period ending March 31, 2021. The call will feature CEO Panna Sharma and other management members. Lantern Pharma utilizes its proprietary RADR® A.I. platform to advance oncology therapeutics and identify responsive patients. More details on the call can be accessed via the company’s website.

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Lantern Pharma Inc. (NASDAQ: LTRN) announced the publication of a manuscript in Oncotarget detailing the efficacy of its drug candidate, LP-184, for treating non-small cell lung cancer (NSCLC). LP-184 has shown nanomolar potency against therapy-resistant NSCLC models, surpassing conventional chemotherapeutics in effectiveness. The unmet need addresses patients resistant to current therapies, with 30-40% of lung cancers lacking targetable mutations. The research identifies patient subgroups likely to respond to LP-184, supporting its potential as a viable treatment option in oncology.

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Lantern Pharma (NASDAQ: LTRN), a clinical-stage biopharmaceutical company, announced its participation in the virtual 20th Annual Needham Healthcare Conference from April 12-15, 2021. CEO Panna Sharma will engage in a fireside chat on April 15 at 12:45 pm ET and conduct one-on-one investor meetings during the event. The session will be livestreamed and accessible for 90 days on their investor relations website. Lantern Pharma is advancing its proprietary RADR® A.I. platform for oncology drug development, focusing on genomic-targeted therapeutics.

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Lantern Pharma (NASDAQ: LTRN), a clinical-stage biopharmaceutical firm, announced a collaboration with Johns Hopkins Pediatric Oncology for its drug candidate LP-184, targeting Atypical Teratoid Rhabdoid Tumors (ATRT) in children, an aggressive brain cancer with no effective treatments. The partnership aims to explore LP-184's efficacy across multiple central nervous system cancers, leveraging Lantern's RADR® AI platform. The FDA's Rare Pediatric Disease Designation may enhance LP-184's development, potentially qualifying for a Priority Review Voucher, adding significant value for Lantern's future prospects.

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Lantern Pharma (NASDAQ: LTRN) announced it will present new findings on LP-184, a targeted small molecule for prostate cancer, at the AACR Virtual Annual Meeting from April 10-15, 2021. The data highlights LP-184's effectiveness against DNA damage repair defects found in 25-30% of metastatic prostate cancer patients. CEO Panna Sharma noted the potential for LP-184 to exhibit best-in-class efficacy, particularly in tumors with specific genetic mutations. The findings will be showcased in a poster presentation during the conference.

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FAQ

What is the current stock price of Lantern Pharma (LTRN)?

The current stock price of Lantern Pharma (LTRN) is $3.145 as of December 20, 2024.

What is the market cap of Lantern Pharma (LTRN)?

The market cap of Lantern Pharma (LTRN) is approximately 35.4M.

What does Lantern Pharma Inc. specialize in?

Lantern Pharma specializes in precision medicine for cancer treatment, using AI and ML to identify and treat patients who will benefit most from their therapies.

What is the RADR platform?

RADR is Lantern Pharma's proprietary AI and ML platform that uses oncology-focused data points and advanced algorithms to accelerate cancer drug development.

How does Lantern Pharma's approach reduce drug development costs?

By using biomarker-based genetic screening to target patients more likely to respond to their drugs, Lantern Pharma decreases the cost and time required for drug development.

What is the company's strategy for growth?

Lantern Pharma focuses on acquiring or partnering with promising drug and diagnostic companies to advance personalized medicine programs for cancer patients.

How does Lantern Pharma use AI in drug development?

The company uses its AI platform, RADR, to analyze oncology data and develop precision therapies more efficiently and accurately.

Who are the key collaborators with Lantern Pharma?

Lantern Pharma collaborates with world-class scientific advisors and partners to enhance its precision medicine initiatives.

What are some of Lantern Pharma's recent achievements?

Lantern Pharma has made significant advances in its precision therapies and expanded its pipeline, leveraging AI to address real-world cancer treatment challenges.

Why is precision medicine important in cancer treatment?

Precision medicine allows for more accurate targeting of treatments based on genetic markers, improving efficacy and reducing unnecessary side effects.

How does Lantern Pharma's strategy benefit cancer patients?

By focusing on precision medicine and AI, Lantern Pharma aims to deliver more effective treatments faster and at a lower cost, benefiting patients with more tailored therapies.

What is the significance of biomarker-based genetic screening?

Biomarker-based genetic screening helps identify patients who are most likely to benefit from specific treatments, improving the chances of successful outcomes.

Lantern Pharma Inc.

Nasdaq:LTRN

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LTRN Stock Data

35.42M
9.20M
14.75%
24.1%
1.64%
Biotechnology
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