Lantern Pharma Inc

NASDAQ LTRN

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Lantern Pharma Inc Return on Equity (ROE) 3 year CAGR for the year ending December 31, 2023: 9.17%

Lantern Pharma Inc Return on Equity (ROE) 3 year CAGR is 9.17% for the year ending December 31, 2023, a 116.99% change year over year. Return on equity (ROE) measures the profitability of a company relative to its shareholders' equity. It is calculated by dividing the net income by the shareholders' equity. This ratio indicates the return generated for each unit of shareholders' equity invested in the company. A higher ROE suggests better profitability and value creation for shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Lantern Pharma Inc Return on Equity (ROE) for the year ending December 31, 2022 was -25.14%, a -46.33% change year over year.
  • Lantern Pharma Inc Return on Equity (ROE) for the year ending December 31, 2021 was -17.18%, a 42.72% change year over year.
  • Lantern Pharma Inc Return on Equity (ROE) for the year ending December 31, 2020 was -29.99%, a 88.35% change year over year.
  • Lantern Pharma Inc Return on Equity (ROE) for the year ending December 31, 2019 was -257.42%, a -130.09% change year over year.
NASDAQ: LTRN

Lantern Pharma Inc

CEO Mr. Panna Sharma PH.D.
IPO Date June 11, 2020
Location United States
Headquarters 1920 McKinney Avenue, Dallas, TX, United States, 75201
Employees 21
Sector Healthcare
Industry Biotechnology
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 product pipeline comprises LP-300, which is in phase 2 clinical trial in combination therapy for never-smokers with non-small cell lung cancer adenocarcinoma; LP-184, which is in phase 1 clinical trial for the treatment of solid tumor, such as pancreatic, breast, bladder, and lung cancers, and glioblastoma and other central nervous system cancers; and LP-284, which is in phase 1 clinical trial for the treatment of non-Hodgkin's lymphomas, including mantle cell lymphoma and double hit lymphoma. The company develops STAR-001, which is in preclinical development for the treatment of glioblastoma, brain metastases, atypical teratoid rhabdoid tumors, and pediatric rare disease designation. In addition, it provides ADC program, an antibody drug conjugate therapeutic approach for cancer treatment. Further, the company's artificial intelligence platform RADR uses big data analytics and machine learning for combining molecular data. Lantern Pharma Inc. has a strategic AI-driven collaboration with Oregon Therapeutics to optimize the development of its first-in-class protein disulfide isomerase inhibitor drug candidate XCE853 in novel and targeted cancer indications. The company was incorporated in 2013 and is headquartered in Dallas, Texas.

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StockViz Staff

September 19, 2024

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