Lantern Pharma Inc.

NasdaqCM LTRN

Lantern Pharma Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 63.75%

Lantern Pharma Inc. Gross Profit Margin is 63.75% for the Trailing 12 Months (TTM) ending September 30, 2024. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NasdaqCM: LTRN

Lantern Pharma Inc.

CEO Mr. Panna Sharma PH.D.
IPO Date June 11, 2020
Location United States
Headquarters 1920 McKinney Avenue
Employees 21
Sector Health Care
Industries
Description

Lantern Pharma Inc., a clinical stage biotechnology company, focuses on artificial intelligence, machine learning, and genomic data to streamline the drug development process. Its advanced drug candidate is LP-100, which is in phase II clinical trials to treat metastatic, castration-resistant, and prostate cancer. The company also develops LP-300 as a combination therapy for non or never-smokers with non-small cell lung cancer adenocarcinoma. In addition, its preclinical development drug candidate is LP-184, an alkylating agent that damages DNA in cancer cells that overexpress certain biomarkers or that harbor mutations in DNA repair pathways. Further, the company operates ADC program, an antibody drug conjugate therapeutic approach for cancer treatment. Additionally, the company's artificial intelligence platform RADR uses big data analytics and machine learning for combining molecular data. The company was incorporated in 2013 and is headquartered in Dallas, Texas.

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StockViz Staff

January 15, 2025

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