Lantern Pharma Inc Stock Price, News & Analysis

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.

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.

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.

Lantern Pharma (NASDAQ: LTRN) announced a virtual key opinion leader (KOL) webinar on May 26, 2022, at 12:00 p.m. ET. The webinar will focus on glioblastoma multiforme (GBM) and the potential of their drug candidate LP-184 for treating GBM and other brain cancers. Experts Dr. John Laterra and Dr. Matthias Holdhoff from Johns Hopkins will lead discussions alongside Lantern's Chief Scientific Officer, Dr. Kishor Bhatia. The event coincides with Brain Tumor Awareness Month, highlighting the urgent need for effective treatments for brain cancers.

Lantern Pharma Inc. (NASDAQ: LTRN) announced its participation in five upcoming investor and scientific conferences in May 2022. Dr. Kishor Bhatia will present at the 9th Drug Discovery Strategic Summit on May 9, discussing synthetic lethality of drug candidates. CEO Panna Sharma will speak at four conferences, including the Strategic Investment Conference on May 13 and MedVentures Conference on May 18. Lantern is leveraging its RADR^® AI platform for oncology drug development.

Lantern Pharma (NASDAQ: LTRN) reported Q1 2022 financial results, revealing $65.2 million in cash and equivalents. The company utilizes its RADR^® A.I. platform, which surpassed 20 billion data points, enhancing drug discovery capabilities. The HARMONIC™ Phase 2 trial for LP-300 is expected to enroll patients in Summer 2022. Lantern plans to submit an IND for LP-184 by Q3 2022, targeting solid tumors. R&D expenses increased to $2.7 million from $1.3 million year-over-year. A net loss of $4.1 million was recorded, up from $2.5 million in Q1 2021.

Lantern Pharma (NASDAQ: LTRN) announced Dr. Maria L. Maccecchini as a nominee for its Board of Directors during the Annual Meeting on June 8, 2022. Dr. Maccecchini, a seasoned biopharmaceutical executive, brings decades of experience, particularly in neurodegenerative diseases. Concurrently, Leslie W. Kreis, Jr. will not seek reelection. Lantern's President, Panna Sharma, emphasized Dr. Maccecchini's potential contributions to ongoing clinical trials. Lantern is focused on utilizing its RADR^® platform to enhance oncology drug development.

Lantern Pharma (NASDAQ: LTRN) plans to release its Q1 2022 financial results on May 3, 2022, after market closure. Management will host a conference call at 4:30 PM ET to discuss these results and outline future milestones. Lantern Pharma utilizes its RADR^® A.I. platform in oncology drug development, focusing on genomically-targeted therapeutics. Currently, the company is developing four drug candidates and an ADC program spanning nine tumor targets, with a commitment to optimize patient outcomes.

Lantern Pharma (NASDAQ:LTRN) will be featured on The RedChip Money Report on Bloomberg TV on April 16 at 7 p.m. ET. This program, which reaches approximately 73 million U.S. households, focuses on small-cap investing and includes interviews with company executives and Wall Street analysts. Lantern Pharma utilizes its RADR® AI platform for oncology drug discovery, with a pipeline of four drug candidates and an ADC program targeting eight tumor types, including two in phase 2 trials.