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Thursday, November 9, 2023

Lantern Financial Results and Operational Updates

 

  • Lantern Pharma Inc (NASDAQ:LTRN) progresses with clinical trials for cancer therapies and advances in AI-driven drug development.

  • Financial discipline emphasized with a cash runway into at least Q3 of 2025, backed by approximately $45 million in cash and securities.

  • Operational highlights include IND clearance for LP-284, dosing of initial patient in LP-184 Phase 1 trial, and progression of LP-300 Harmonic clinical trial.

  • Company's RADR AI platform continues to evolve, enhancing the prediction of drug-cancer interactions and development of ADCs.

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