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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), a clinical-stage biopharmaceutical company, is set to present at the MicroCap Rodeo Windy City Roundup 2022 on October 12 at 11:00 a.m. ET. CEO Panna Sharma will lead the presentation, which will be live-streamed and available for replay. Lantern Pharma leverages its proprietary RADR® platform for oncology drug discovery, focusing on developing targeted therapeutics based on patient genomic profiles. Attendees can schedule one-on-one meetings with the management team throughout the event.

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Lantern Pharma (NASDAQ: LTRN), a clinical-stage biopharmaceutical company, is utilizing its RADR® A.I. platform to enhance oncology drug development. The company will present at two investor conferences: the MicroCap Rodeo in Chicago, IL on October 12 at 10:00 a.m. CT, and the ThinkEquity Conference in New York, NY on October 26 at 10:30 a.m. ET. CEO Panna Sharma will lead both presentations, highlighting Lantern's focus on targeting therapies to patient-specific genomic profiles.

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Lantern Pharma Inc. (NASDAQ: LTRN) announced it will present preclinical data on its drug candidate LP-284 for mantle cell lymphoma (MCL) at the SOHO Tenth Annual Meeting from Sept. 28 to Oct. 1, 2022. LP-284 has demonstrated strong anti-tumor potency in MCL and other non-Hodgkin's lymphomas, particularly against Ibrutinib and Bortezomib-resistant cell lines. The company plans to submit an IND for LP-284 in Q1 2023 and launch a Phase 1 clinical trial in Q2 2023, aiming to capitalize on a $200 million annual market.

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Lantern Pharma (NASDAQ: LTRN) announced a virtual key opinion leader webinar on September 22, 2022, at 12:00 p.m. ET. The webinar will address challenges in drug development for pediatric cancers and feature Dr. Peter Houghton, an expert from Greehey Children's Cancer Research Institute. He will discuss disparities in pediatric cancer research and present preliminary results for drug candidates LP-184 and LP-284. Registration details are available, with a replay on Lantern's website from September 23, 2022.

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Lantern Pharma Inc. (NASDAQ: LTRN) announced the presentation of positive preclinical data for its drug candidate LP-184 targeting pancreatic cancer at the AACR Special Conference from Sept 13-16, 2022. The drug, which preferentially damages cancer cells with DDR gene mutations, demonstrated significant efficacy, achieving tumor growth inhibitions of 140% and 112% in mouse models. LP-184 has received Orphan Drug Designation from the FDA, with plans for IND submission in Q1 2023 and Phase 1 trials expected in Q2 2023.

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Lantern Pharma Inc. (NASDAQ: LTRN) announces that CEO Panna Sharma will present at H.C. Wainwright’s 24th Annual Global Investment Conference from September 12-14, 2022, in New York, NY. Lantern Pharma utilizes its RADR® AI platform to enhance oncology drug discovery, focusing on genomically targeted therapeutics. The company is currently developing four drug candidates across nine tumor targets. Details on registration and webcasting are provided for interested investors.

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Lantern Pharma Inc. (NASDAQ:LTRN) will feature in an interview on The RedChip Money Report on Bloomberg TV on August 20 at 7 p.m. ET. CEO Panna Sharma will discuss the company's RADR® platform, which uses AI to optimize oncology drug development, aiming to reduce costs and enhance efficiency. Lantern is developing four drug candidates across nine tumor targets, including two in phase 2 trials. The interview is expected to highlight strategic collaborations with esteemed institutions like Johns Hopkins and Fox Chase Cancer Center.

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Lantern Pharma (NASDAQ: LTRN) has launched the Phase 2 clinical trial, Harmonic™, for LP-300 targeting never smokers with advanced NSCLC, beginning patient enrollment in Q3 2022. The company plans to submit IND applications for LP-184 and LP-284 in early 2023, with two Phase 1 trials for LP-184 and one for LP-284 expected to commence thereafter. Lantern reported cash holdings of $62.2 million as of June 30, 2022, despite a net loss of approximately $4.5 million for the quarter. The RADR® platform surpassed 21 billion data points, enhancing its capabilities for future partnerships.

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Lantern Pharma (NASDAQ: LTRN) will host a webcast on August 8, 2022, at 4:30 PM ET to discuss its Q2 financial results and future milestones. The company, focused on oncology drug discovery using its proprietary RADR® AI platform, is developing four drug candidates and an ADC program. Lantern aims to identify patients likely to respond to its therapies. Panna Sharma, CEO, will lead the discussion. A replay will be available on their investor relations website.

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Lantern Pharma (NASDAQ: LTRN) has received FDA clearance to initiate the Harmonic™ trial, a Phase 2 clinical study for LP-300 in never smokers with advanced non-small cell lung cancer (NSCLC). The trial will enroll 90 patients and evaluate the drug in combination with chemotherapy, building on previous successes where LP-300 demonstrated a 91% overall survival and a 125% two-year survival for this demographic. Enrollment is expected to start in Q3 2022, targeting an estimated market of $1.5 to $2 billion for NSCLC.

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FAQ

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

The current stock price of Lantern Pharma (LTRN) is $3.54 as of November 15, 2024.

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

The market cap of Lantern Pharma (LTRN) is approximately 37.4M.

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

LTRN Rankings

LTRN Stock Data

37.35M
10.79M
14.75%
24.1%
1.64%
Biotechnology
Pharmaceutical Preparations
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