Lantern Pharma (LTRN) is a clinical-stage biopharmaceutical company innovating the repurposing, revitalization and development of precision therapeutics in oncology. It leverages advances in machine learning, genomics, and artificial intelligence by using a proprietary A.I. platform to discover biomarker signatures that help identify patients more likely to respond to its pipeline of cancer therapeutics. Lantern's focus is to improve the outcome for patients by leveraging its technology to uncover, rescue and develop abandoned or failed drugs. Its current pipeline of three drugs, with two programs in clinical stages and two in preclinical, focuses on cancers that have unique and unmet clinical needs with a clearly defined patient population. It believes that the use of machine learning, genomics and computational methods can help accelerate the revitalization, refocusing and development of small molecule-based therapies. By targeting drugs to patients whose genomic profile identifies them as having the highest probability of benefiting from the drug, this approach represents the potential to deliver best-in-class outcomes. Its team seeks out experienced industry partners, world-class scientific advisors, and innovative clinical-regulatory approaches to assist in delivering cancer therapies to patients as quickly and efficiently as possible.

Company profile
Ticker
LTRN
Exchange
Website
CEO
Panna L. Sharma
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Lantern Pharma
SEC CIK
Corporate docs
Subsidiaries
Lantern Pharma Australia Pty Ltd • Lantern Pharma Limited ...
IRS number
463973463
LTRN stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
18 Jan 23
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Lantern Pharma Reports Third Quarter 2022 Financial Results and Operational Highlights
7 Nov 22
10-Q
2022 Q2
Quarterly report
8 Aug 22
8-K
Lantern Pharma Reports Second Quarter 2022 Financial Results and Operational Highlights
8 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
14 Jun 22
DEFA14A
Additional proxy soliciting materials
3 May 22
10-Q
2022 Q1
Quarterly report
3 May 22
8-K
Lantern Pharma Reports First Quarter 2022 Financial Results and Operational Highlights
3 May 22
DEF 14A
Definitive proxy
27 Apr 22
Transcripts
LTRN
Earnings call transcript
2022 Q3
8 Nov 22
LTRN
Earnings call transcript
2022 Q2
9 Aug 22
LTRN
Earnings call transcript
2022 Q1
4 May 22
LTRN
Earnings call transcript
2021 Q4
11 Mar 22
LTRN
Earnings call transcript
2021 Q3
2 Nov 21
LTRN
Earnings call transcript
2021 Q2
31 Jul 21
LTRN
Earnings call transcript
2021 Q1
4 May 21
LTRN
Earnings call transcript
2020 Q4
11 Mar 21
LTRN
Earnings call transcript
2020 Q3
30 Oct 20
Latest ownership filings
SC 13G
ProPhase Labs, Inc.
21 Nov 22
4
Leslie W. Kreis
9 Nov 22
4
Aaron G.L. Fletcher
9 Nov 22
4
Maria-Luisa Maccecchini
24 Oct 22
4
Aaron G.L. Fletcher
7 Sep 22
4
Leslie W. Kreis
7 Sep 22
4
PANNA SHARMA
9 Aug 22
3
Maria-Luisa Maccecchini
17 Jun 22
SC 13D/A
Bios Equity Partners, LP
22 Mar 22
4
Aaron G.L. Fletcher
21 Mar 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 39.80 mm | 39.80 mm | 39.80 mm | 39.80 mm | 39.80 mm | 39.80 mm |
Cash burn (monthly) | 1.37 mm | 1.32 mm | 715.09 k | 1.18 mm | 1.35 mm | 1.01 mm |
Cash used (since last report) | 5.94 mm | 5.74 mm | 3.10 mm | 5.11 mm | 5.84 mm | 4.39 mm |
Cash remaining | 33.86 mm | 34.06 mm | 36.69 mm | 34.69 mm | 33.95 mm | 35.41 mm |
Runway (months of cash) | 24.7 | 25.8 | 51.3 | 29.5 | 25.2 | 35.0 |
Institutional ownership, Q3 2022
36.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 27 |
Opened positions | 3 |
Closed positions | 4 |
Increased positions | 5 |
Reduced positions | 13 |
13F shares | Current |
---|---|
Total value | 30.62 mm |
Total shares | 3.91 mm |
Total puts | 48.00 k |
Total calls | 11.30 k |
Total put/call ratio | 4.2 |
Largest owners | Shares | Value |
---|---|---|
Bios Equity Partners | 1.97 mm | $13.80 mm |
Green Park & Golf Ventures | 525.26 k | $10.11 mm |
Vanguard | 367.32 k | $1.76 mm |
Sanders Morris Harris | 365.93 k | $1.72 mm |
GWM Advisors | 171.02 k | $817.00 k |
Carlson Capital L P | 168.00 k | $803.00 k |
Geode Capital Management | 57.91 k | $276.00 k |
CM Management | 50.00 k | $239.00 k |
Redmond Asset Management | 49.50 k | $237.00 k |
Wolff Wiese Magana | 30.46 k | $146.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Nov 22 | Fletcher Aaron G.L. | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 40,586 | 178.58 k | 164,137 |
8 Nov 22 | Fletcher Aaron G.L. | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 132,575 | 583.33 k | 536,163 |
8 Nov 22 | Fletcher Aaron G.L. | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 17,748 | 78.09 k | 71,774 |
8 Nov 22 | Fletcher Aaron G.L. | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 100,380 | 441.67 k | 463,658 |
8 Nov 22 | Fletcher Aaron G.L. | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 58,711 | 258.33 k | 271,193 |
8 Nov 22 | Leslie W. Kreis | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 40,586 | 178.58 k | 164,137 |
8 Nov 22 | Leslie W. Kreis | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 132,575 | 583.33 k | 536,163 |
8 Nov 22 | Leslie W. Kreis | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 17,748 | 78.09 k | 71,774 |
8 Nov 22 | Leslie W. Kreis | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 100,380 | 441.67 k | 463,658 |
8 Nov 22 | Leslie W. Kreis | Common Stock | Sell | Dispose S | Yes | No | 4.4 | 58,711 | 258.33 k | 271,193 |
News
Lantern Pharma Receives Pre-IND Feedback From The FDA, Clearing A Path For Drug Candidate LP-184's Phase 1 Clinical Trial In Q2 2023
17 Jan 23
Lantern Pharma Announces Development Of Drug Candidate LP-184 For Triple Negative Breast Cancer At The San Antonio Breast Cancer Symposium
13 Dec 22
Lantern Pharma Announces Data Highlighting The Anti-Tumor Potency Of Drug Candidate LP-184 For Glioblastoma At The Society For Neuro-oncology Annual Meeting
22 Nov 22
Press releases
Lantern Pharma Receives Pre-IND Feedback from the FDA, Clearing a Path for Drug Candidate LP-184's Phase 1 Clinical Trial in Q2 2023
17 Jan 23
FDA Grants Lantern Pharma Orphan Drug Designation for Drug Candidate LP-284 in Mantle Cell Lymphoma
5 Jan 23
Lantern Pharma Announces Positive New Data for its Drug Candidate LP-284 for Mantle Cell Lymphoma (MCL) at the American Society of Hematology (ASH) 2022 Annual Meeting
15 Dec 22
Lantern Pharma to Participate at the RHK Capital Disruptive Growth Conference on December 5 at 12:00 p.m. ET
2 Dec 22
Lantern Pharma Announces Positive Data Highlighting the Anti-Tumor Potency of Drug Candidate LP-184 for Glioblastoma at the Society for Neuro-Oncology Annual Meeting
22 Nov 22