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Lantern Pharma Appoints Dr. Schalop to Board

Story Highlights
  • Lantern Pharma appointed Dr. Lee T. Schalop to its Board on July 24, 2025.
  • The company reduced its quorum requirement for shareholder meetings to one-third of voting shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lantern Pharma Appoints Dr. Schalop to Board

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Lantern Pharma ( (LTRN) ) has shared an announcement.

Lantern Pharma Inc. announced the appointment of Dr. Lee T. Schalop to its Board of Directors on July 24, 2025. Dr. Schalop brings a wealth of experience from his previous roles in the pharmaceutical and financial industries, including co-founding Oncoceutics, Inc. and serving in executive roles until its sale to Chimerix Inc. Additionally, Lantern Pharma’s Board approved an amendment to the company’s By-laws, reducing the quorum requirement for shareholder meetings from a majority to one-third of the shares entitled to vote. This change aims to facilitate smoother decision-making processes within the company.

The most recent analyst rating on (LTRN) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Lantern Pharma stock, see the LTRN Stock Forecast page.

Spark’s Take on LTRN Stock

According to Spark, TipRanks’ AI Analyst, LTRN is a Neutral.

Lantern Pharma is innovating with AI in oncology, achieving key clinical and regulatory milestones. However, the financial outlook is challenging due to zero revenue and cash flow concerns, necessitating additional funding. Technicals are stable but show potential volatility.

To see Spark’s full report on LTRN stock, click here.

More about Lantern Pharma

Average Trading Volume: 218,717

Technical Sentiment Signal: Sell

Current Market Cap: $43.25M

For a thorough assessment of LTRN stock, go to TipRanks’ Stock Analysis page.

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