Lantern Pharma Inc

NASDAQ LTRN

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Lantern Pharma Inc Price to Sales Ratio (P/S) on June 03, 2024: 257.58

Lantern Pharma Inc Price to Sales Ratio (P/S) is 257.58 on June 03, 2024, a NA change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • Lantern Pharma Inc 52-week high Price to Sales Ratio (P/S) is 280.66 on May 09, 2024, which is 8.96% above the current Price to Sales Ratio (P/S).
  • Lantern Pharma Inc 52-week low Price to Sales Ratio (P/S) is 239.86 on May 20, 2024, which is -6.88% below the current Price to Sales Ratio (P/S).
  • Lantern Pharma Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 257.20.
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 20, 2024

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