Lantern Pharma, Inc. ( (LTRN) ) has released its Q3 earnings. Here is a breakdown of the information Lantern Pharma, Inc. presented to its investors.
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Lantern Pharma Inc. is a clinical-stage biopharmaceutical company that utilizes its proprietary RADR® artificial intelligence platform to enhance the efficiency of oncology drug discovery and development. The company focuses on leveraging AI and machine learning to streamline the development of drug candidates for various cancer indications.
In its third quarter of 2025, Lantern Pharma reported significant progress in its clinical trials and regulatory advancements. The company achieved all primary endpoints in its LP-184 Phase 1a clinical trial, demonstrating a 48% clinical benefit rate in cancer patients. Additionally, the FDA provided regulatory guidance for a pediatric CNS cancer trial, and the company showcased its AI platform’s commercial readiness.
Key financial metrics for the quarter included a net loss of approximately $4.2 million, a decrease from the previous year, and disciplined capital management with $12.4 million in cash and marketable securities. The company also highlighted its strategic momentum with the launch of its AI platform and the advancement of its clinical pipeline, including LP-184 and LP-284 trials.
Looking forward, Lantern Pharma aims to continue its clinical development and AI platform expansion. The company plans to initiate several Phase 1b/2 trials in 2026, focusing on high-value cancer indications, and anticipates further commercial developments for its AI modules. Lantern Pharma remains committed to advancing its drug candidates and achieving pivotal milestones in oncology drug development.