Lantern Pharma's AI Platform, RADR, Surpasses 60B Data Points, Anticipates Reaching 100B Data Points In 2024, Paving The Way For Enhanced Cancer Therapy Innovations And Expedited Development Timelines
Portfolio Pulse from Benzinga Newsdesk
Lantern Pharma's AI platform, RADR, has surpassed 60 billion data points and is expected to reach over 100 billion in 2024, significantly advancing cancer therapy development. This growth enhances drug candidate development, including LP-184 and LP-284, through improved drug sensitivity, combination treatment outcomes, and biomarker data analysis. The expansion into immuno-oncology studies and molecular feature extraction from numerous molecules aims to streamline oncology drug development, making it more precise and cost-effective. Lantern's strategy has led to a substantial increase in data points since its IPO, facilitating new drug indications and accelerating development timelines.
March 04, 2024 | 1:05 pm
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Lantern Pharma's RADR platform's rapid growth to over 60 billion data points, with an aim for 100 billion by 2024, positions the company at the forefront of AI-driven cancer therapy development. This advancement is expected to enhance the development of drug candidates like LP-184 and LP-284, and streamline oncology drug development.
The significant growth and anticipated expansion of the RADR platform directly impact Lantern Pharma's core business of AI-driven cancer drug development. The platform's capabilities in enhancing drug development precision and efficiency are likely to attract investor interest, potentially leading to a positive short-term impact on LTRN's stock price. The focus on immuno-oncology and molecular feature extraction further underscores the company's innovative approach, which could differentiate it in the competitive oncology market.
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