Slide 1: First Quarter 2022 Operating & Financial Results Conference Call
First Quarter 2022 Operating & Financial Results Conference Call / Webinar May 3 rd , 2022 4:30 PM Eastern Time NASDAQ :LTRN
Slide 2: Forward-looking statements
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Slide 3: Contents and Speakers
Contents 01 Introduction 02 Q1 2022 Highlights 03 Scientific Progress 04 Financial Highlights 05 Q&A Speakers Panna Sharma Chief Financial Officer ΖQYHVWRU5HODWLRQV Chief Executive Officer, President and Director David Margrave Nicole Leber Chief Scientific Officer Dr. Kishor Bhatia Host
Slide 4: Lantern Pharma: Leveraging A.I. to reduce oncology drug development costs
First Quarter 2022 Earnings Lantern Pharma Leveraging A.I. to reduce oncology drug development costs and improve the likelihood of success Abundance of data Proprietary A.I. platform RADR ® Accelerated timeline and reduced cost
Slide 5: Q1 2022 Highlights
First Quarter 2022 Earnings Australia Operation • Actively conducting multiple studies in Australia under Lantern Australian subsidiary • Takes advantage of R&D tax incentive program 5#039;5 p ([SDQVLRQ ‡ 5#039;5 p KDVVXUSDVVHG ELOOLRQGDWDSRLQWV ‡ 3XUVXLQJDGGLWLRQDOELRSKDUPDFROODERUDWLRQV Sh
Slide 6: Harmonic Clinical Trial – Phase 2 Trial for LP-300
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Slide 7: LP-184 IND-enabling studies
First Quarter 2022 Earnings /3 Ζ1'HQDEOLQJVWXGLHV 6 Completed Ongoing Expected 6WXG\7\SH Method Results Dog non - GLP tox study NOAEL 0.3mg/kg for repeat weekly dosing (days 1, 8 and 15) At NOAEL in dogs LP - 184 PK parameters measured on dosing days 1 and 15 showed ○ t1/2 = 40 - 50 min ○
Slide 8: In vitro efficacy of LP-184 in brain metastases
First Quarter 2022 Earnings In vitro efficacy of our drug candidate LP - 184 in brain metastases ( mets .) , • LP - 184 has activity in the primary and secondary cancers AND crosses the BBB. • Efficacy of LP - 184 may extend beyond primary brain cancers to other solid tumors that have metastasized
Slide 9: Lantern established an Australian subsidiary
First Quarter 2022 Earnings /DQWHUQHVWDEOLVKHGDQ$XVWUDOLDQVXEVLGLDU\ 8 Subsidiary will allow: o Lantern to take advantage of Australia’s R&D Tax Incentive program, which provides tax offsets for eligible R&D expenditures o Lantern to conduct preclinical and IND enabling studies, many of which ar
Slide 10: RADR Surpassed Billion Datapoints
First Quarter 2022 Earnings RADR ® Surpassed 20 Billion Datapoints 9 2019 2020 Apr. 2021 Dec. 2021 2022* Ēĕ 8 100M 275M 450M 1.1 B ĔĽĖſ 10.4 B 2XUJRDOLVWRH[SDQG 5#039;5WR ELOOLRQGDWDSRLQWV GXULQJ 1. Focus on automation of data acquisition 2. Improve data user interface to other anal
Slide 11: LP-300 Mechanism of action
First Quarter 2022 Earnings LP - 300 Mechanism of action 3URWHLQ'HJUDGDWLRQ Panel A : LP - 300 adduct at Cys 1235 Panel B : LP - 300 adduct at Cys 1156 Panel C : Molecular surface of ALK with the LP - 300 - derived adduct at Cys 1156 ( yellow highlight ) Panel D : Binding site of the LP - 300 - der
Slide 12: LP-184 IND enabling studies
First Quarter 2022 Earnings LP - 184 IND enabling studies 11 &RPSOHWHG Ongoing Expected 6WXG\7\SH Method Results Dog non - GLP tox study NOAEL 0.3mg/kg for repeat weekly dosing (days 1, 8 and 15) At NOAEL in dogs LP - 184 PK parameters measured on dosing days 1 and 15 showed ○ t1/2 = 40 - 50 min ○
Slide 13: In vitro efficacy of LP-184 in brain metastases
First Quarter 2022 Earnings In vitro efficacy of our drug candidate LP - 184 in brain metastases ( mets .) , 12 • LP - 184 has activity in the primary and secondary cancers AND crosses the BBB. • Efficacy of LP - 184 may extend beyond primary brain cancers to other solid tumors that have metastasize
Slide 14: LP-184 shows sensitivity in NERD as well as HRD cancers
First Quarter 2022 Earnings LP - 184 shows exquisite sensitivity in NERD as well as HRD cancers 13 LP - 184 in HRD cancers LP - 184 in NERD cancers • NERD tumors are nucleotide excision repair deficient tumors whose phenotype is a result of mutations in genes responsible for excision DNA repair - th
Slide 15: Financial Update Q1 2022
First Quarter 2022 Earnings Financial Update Q1 2022 14 2022 2021 Operating expenses : General and administrative 1,406,160 1,173,258 Research and development 2,660,237 1,279,037 Total operating expenses 4,066,397 2,452,295 Loss from operations (2,452,295) Interest + Other income, net (55,
Slide 16: LTRN Share Information
First Quarter 2022 Earnings LTRN Share Information 15 March 31, 2022 LANTERN PHARMA INC. (LTRN) Common Shares Outstanding 10,830,947 Warrants 177,998 Options (Employees, Management and Directors) 890,826 Fully Diluted Shares Outstanding 11,899,771 Date Shares Repurchased Average Price Total Paid inc
Slide 17: Maria Maccecchini, Ph.D. nominated for election to Lantern's Board
First Quarter 2022 Earnings Maria Maccecchini , Ph.D. was nominated for election to Lantern’s Board of Directors 16 Maria L. Maccecchini , Ph.D. Founder, President, Chief Executive Officer, and director of Annovis Bio ( NYSE: ANVS ) New Director Nominee Dr. Maccecchini will be presented alongside a
Slide 18: Upcoming Events
First Quarter 2022 Earnings Upcoming Events 9th Drug Discovery Strategic Summit Speaker: Kishor Bhatia MAY 9 13 Strategic Investment Conference Speaker: Panna Sharma MedVentures Conference 2022 Speaker: Panna Sharma 19 Augmented intelligence in drug discovery Xchange east coast, Speaker: Panna Sharm
Slide 19: Key Corporate Objectives and Milestones
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Slide 20: IR Contact
Nasdaq: LTRN IR Contact: IR@lanternpharma.com 1 - 972 - 277 - 1136 www.lanternpharma.com @LanternPharma