Clinical Pipeline Advancements
The Phase 1a trial for LP-184 is progressing well, with enrollment expected to be complete by June 2025. Dual fast track designations for LP-184 in glioblastoma and triple-negative breast cancer have been granted, opening paths toward regulatory approvals.
AI Platform Expansion
The radar AI platform has expanded to over 200 billion oncology-focused data points. Plans are in place to open the platform to the scientific community, potentially creating new revenue streams.
Financial Discipline and Efficiency
Quarterly net loss decreased to $4.5 million from $5.4 million the previous year, demonstrating operational efficiency. Cash and marketable securities stand at $19.7 million, providing runway until at least mid-May 2026.
HARMONIC Phase 2 Trial Progress
Strong progress in the HARMONIC trial for LP-300, with positive preliminary data showing an 86% clinical benefit rate. Expansion in Asian markets is underway.