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Lantern Pharma (LTRN) Advances Oncology AI and Gains Orphan Drug Recognition

Lantern Pharma, Inc. (NASDAQ:LTRN) is one of the best AI penny stocks to buy right now. On January 20, the FDA granted Lantern Pharma, Inc.’s (NASDAQ:LTRN) LP-284 an Orphan Drug Designation (ODD). LP-284 is an investigational small-molecule therapy for treating soft tissue sarcomas.

According to Lantern Pharma, the ODD designation applies in the United States under the FDA’s orphan drug program. The program supports the development of treatments for diseases affecting fewer than 200,000 people. This orphan drug status for LP-284 is the third such designation for this molecule; others are for mantle cell lymphoma (MCL) in January 2023 and high-grade B-cell lymphoma (HGBL) in November 2023. It is also the sixth overall orphan designation awarded to Lantern Pharma’s clinical pipeline.

In a different update, on January 12, Lantern Pharma established an Artificial Intelligence Center of Excellence and Advanced Agentic Labs in Bengaluru, India. The goal, said the company, is to industrialize and scale its proprietary RADR AI platform for global biopharma use.

The company plans the Bengaluru facility to act as a global scale-up hub for RADR. It will use it as the base for expanding computational capacity, large-scale data engineering, and development of machine learning-ready disease models. This platform will be integrated “more deeply” with pharmaceutical and academic partners worldwide, the company stated.

The RADR platform currently integrates hundreds of billions of oncology-focused data points, sophisticated machine learning algorithms, and curated disease models. All of these come together to create a system that identifies biomarkers, predicts drug response, and designs optimized clinical strategies.

Lantern Pharma, Inc. (NASDAQ:LTRN) is a clinical-stage biopharmaceutical company that leverages artificial intelligence, machine learning, and genomics to accelerate oncology drug discovery and development. Its proprietary RADR AI platform analyzes billions of data points to identify biomarkers, predict drug responses, and optimize clinical trial design.

While we acknowledge the potential of Lantern Pharma, Inc. (NASDAQ:LTRN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LTRN and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 13 Best Affordable Tech Stocks to Buy Right Now and 10 Best Affordable Long Term Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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