The Spark is a Lantern Pharma newsletter that provides succinct and frequent updates about Lantern, our RADR® AI and ML platform, and our pipeline of drug programs. Subscribe to the newsletter to receive it by email or see the most recent editions below.
The May 2023 edition of The Spark features the latest Lantern updates including:
In early May, Lantern submitted the LP-184 investigationalnew drug (IND) application to the US FDA. The IND submission isa major regulatory milestone for LP-184 and supports its advancementtoward a first-in-human Phase 1 clinical trial, which is targeted to launchin Q2 2023.
What's next: The upcoming LP-184 Phase 1A basket trial is expected toenroll 30-35 patients with solid tumors and central nervous system(CNS) cancers including:
Go deeper: Insights from Lantern’s AI Platform, RADR®, rapidlyaccelerated the development of LP-184 towards the clinic and aided indiscovering LP-184’s mechanism of action, identifying and prioritizing itscancer indications, and generating machine-learning biomarkersignatures to assist with clinical trial patient selection.
By the numbers: Globally, the combined annual market potential ofthese programs is estimated to be approximately $11.0-13.0 billion,consisting of $5.0-6.0 billion for CNS cancers and $6.0-7.0 billion forsolid tumors.1.
The new collaboration with Bielefeld University (Germany) is focused on the development of AI-powered antibody-drug conjugates (ADCs), an exciting class of potent and highly targeted drug candidates.
Go deeper:
By the numbers: Globally, ADC drug programs are one of the fastest-growing drug development markets. In 2021, the ADC market was over$4.o billion and is projected to represent a global market potential of over$14 billion by 2027.
What’s next: Lantern anticipates using the AI ADC development module with other collaborators, both academic and commercial, to develop promising ADC candidates for launch into targeted clinical trials.
Lantern recently dosed the initial patients in the Harmonic™ trial and continues to dose and screen additional patients across its trial sites across the US.
The Harmonic™ trial has 5 trial sites across the US including Gabrail Cancer Center, Northwest Oncology, New York Cancer and Blood Specialists, Texas Oncology, and the Cancer and Blood Specialty Clinic -Los Alamitos CA. The activation of multiple additional trial sites in the US is anticipated in the coming quarters to bolster patient enrollment.
Go deeper: For more info on the Harmonic™ clinical trial check out the:
At the ASCO 2023 annual meeting, Lantern presented the development of advanced machine-learning (ML) modeling to accurately predict patient responses to Actuate Therapeutics’ drug candidate Elraglusib (9-ING-41).
Go deeper:
Development of a Machine Learning Model to Predict Patient Elraglusib Response with Genomic Input
What’s next:
The blood-brain-barrier (BBB) is a highly selective border that prevents 98% of drugs from entering brain tissues and is a major hurdle for biopharma companies developing neuro-oncology drugs.
To solve this problem, Lantern developed industry-leading AI algorithms that are capable of rapidly and accurately predicting any compound’s BBB permeability.
Lantern’s BBB permeability prediction AI algorithms were evaluated and scored as the top-4 best-performing algorithms in the BBB drug prediction challenge conducted by Therapeutics Data Commons (TDC), a coordinated initiative to evaluate AI capabilities across therapeutic modalities and stages of discovery.
Go deeper: Lantern’s industry-leading BBB prediction AI algorithms are:
What’s next for the BBB permeability prediction AI algorithms:
Q1 2023 earnings call replay and press release:
Lytham Partners Investor Conference 2023 fireside chat webinar with Panna Sharma, Lantern’s CEO and President:
RedChip Investor Group Call with Lantern with Panna Sharma:
Follow Lantern Pharma on Twitter and LinkedIn for all of the latest updates.
This newsletter contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, among other things, statements relating to: future events, our plans to advance the development of our drug candidates and antibody drug conjugate program, or our future financial performance. Any statements that are not statements of historical fact (including, without limitation, statements that use words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "objective," "aim," "upcoming," "should," "will," "would," or the negative of these words or other similar expressions) should be considered forward-looking statements. There are a number of important factors that could cause our actual results to differ materially from those indicated by the forward-looking statements, such as (i) the impact of the COVID-19 pandemic, (ii) the risk that our research and the research of our collaborators may not be successful, (iii) the risk that none of our product candidates has received FDA marketing approval, and we may not be able to successfully initiate, conduct, or conclude clinical testing for or obtain marketing approval for our product candidates, (iv) the risk that no drug product based on our proprietary RADR® A.I. platform has received FDA marketing approval or otherwise been incorporated into a commercial product, and (v) those other factors set forth in the Risk Factors section in our Annual Report on Form 10-K for the year ended December 31, 2021, filed with the Securities and Exchange Commission on March 10, 2022. You may access our Annual Report on Form 10-K for the year ended December 31, 2021 under the investor SEC filings tab of our website at www.lanternpharma.com or on the SEC's website at www.sec.gov. Given these risks and uncertainties, we can give no assurances that our forward-looking statements will prove to be accurate, or that any other results or events projected or contemplated by our forward-looking statements will in fact occur, and we caution investors not to place undue reliance on these statements. All forward-looking statements in this newsletter represent our judgment as of the date hereof, and, except as otherwise required by law, we disclaim any obligation to update any forward-looking statements to conform the statement to actual results or changes in our expectations.