Categories AINewsWire

Lantern Pharma Inc.’s (NASDAQ: LTRN) AI-powered PredictBBB.ai Platform Helps Hoth Therapeutics Streamline Candidate Selection in Drug Development

  • Hoth Therapeutics (NASDAQ: HOTH) is using Lantern Pharma’s (NASDAQ: LTRN) PredictBBB.ai(TM) platform to accelerate development timelines, reduce risk, and improve candidate selection.
  • This technology helps determine whether or not a candidate is able to cross the blood-brain barrier or not, which is a major holdup for many drug development companies.
  • Leadership at both Lantern Pharma and Hoth Therapeutics are enthusiastic about the collaboration and how it can help deliver life-changing therapies for patients.

Hoth Therapeutics (NASDAQ: HOTH), a biopharmaceutical company, recently announced that the company is using an AI-powered platform developed by Lantern Pharma (NASDAQ: LTRN), a clinical-stage biotech company and pharma, to streamline and improve the drug development process (https://ibn.fm/VIL67).

The platform, called PredictBBB.ai(TM), is a next-gen AI tool that was designed to help determine whether a drug candidate is able to cross the blood-brain barrier. This is a common bottleneck in drug development, and Lantern Pharma’s platform offers 94% accuracy in predicting whether or not different compounds are able to permeate the blood-brain barrier.

With the help of this cutting-edge platform, Hoth Therapeutics can use AI-powered insights to lessen uncertainty, reduce risk, boost precision, speed up timelines, and improve candidate selection.

The PredictBBB.ai tool is a part of a larger platform being developed by Lantern Pharma, called RADR®, which stands for Response Algorithm for Drug Positioning & Rescue. The platform is used to predict the responses patients may have to different drugs, and also to help in the process of developing target compounds to fight against cancer.

Leadership at both Lantern Pharma and Hoth Therapeutics are enthusiastic about the partnership, and what it means for cancer patients.

Lantern Pharma CEO Panna Sharma said “At Lantern Pharma, we’re very enthused by the early adoption of our PredictBBB.ai platform by innovators like Hoth Therapeutics. This online service, which is a part of our RADR platform, has the potential to be a game-changer in CNS drug development. This cutting-edge AI tool, with its 94% accuracy in predicting blood-brain barrier permeability, is empowering researchers to make faster, smarter decisions, accelerating the path to life-changing therapies for patients worldwide.”

Echoing this excitement, Hoth Therapeutics CEO Robb Knie added that “Our integration of Lantern’s PredictBBB.ai tool aligns with our mission to deliver life-changing therapies while driving efficiency, reducing costs, and unlocking new opportunities for patients and shareholders alike.”

About Lantern Pharma Inc. (NASDAQ: LTRN)

Lantern Pharma Inc. is an oncology-focused, clinical stage pharma that’s concentrating on artificial intelligence, genomics, and machine learning. Applying and expanding cutting-edge AI technology, the company has the mission of delivering precision oncology therapies with reduced costs and timelines.

For more information, visit the company’s website at www.LanternPharma.com.

NOTE TO INVESTORS: The latest news and updates relating to LTRN are available in the company’s newsroom at https://ibn.fm/LTRN

About AINewsWire

AINewsWire (“AINW”) is a specialized communications platform with a focus on the latest advancements in artificial intelligence (“AI”), including the technologies, trends and trailblazers driving innovation forward. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, AINW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, AINW brings its clients unparalleled recognition and brand awareness.

AINW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from AINewsWire, text “AI” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit www.AINewsWire.com

Please see full terms of use and disclaimers on the AINewsWire website applicable to all content provided by AINW, wherever published or re-published: https://www.AINewsWire.com/Disclaimer

AINewsWire
Los Angeles, CA
www.AINewsWire.com
310.299.1717 Office
Editor@AINewsWire.com

AINewsWire is powered by IBN

AINewsWire

Share
Published by
AINewsWire

Recent Posts

Spotify, Record Labels Partner to Develop AI Music Tools

Spotify has revealed plans to work with major record labels on the creation of AI…

23 hours ago

Safe Pro Group Inc. (NASDAQ: SPAI) Has Processed Over 2 Million Drone Images and Detected More Than 36,000 Landmines and UXO with Its Battle-Tested AI Technology

Safe Pro Group’s AI technology for drone-based imagery processing continues to confirm its remarkable sensing…

5 days ago

Concerns Grow in Silicon Valley About Possible AI Bubble

Questions are mounting in Silicon Valley over whether the skyrocketing valuations of artificial intelligence firms…

5 days ago

EU Speeds Up AI Plans, Injects $578M in Six More AI Factories

The European Commission has announced a major step forward in its AI strategy with the…

6 days ago

BluSky AI Inc. (BSAI) is Revolutionizing AI Computing with a Focus on Modular Data Center Design and the Neocloud

BluSky AI is positioned to build AI-ready compute factories from the ground up to help…

7 days ago

AI is Transforming How the Ukraine War is Executed

The Ukrainian and Russian militaries are increasingly experimenting with AI in warfare, applying it in…

1 week ago