Lantern Pharma Inc. (LTRN) Earnings Call Transcript & Summary

November 18, 2021

NASDAQ US Health Care Biotechnology special 49 min

Earnings Call Speaker Segments

Nicole Leber

executive
#1

Hi, everybody. Thank you so much for joining us today for Lantern Pharma's World Pancreatic Cancer Day Key Opinion Leader webinar. My name is Nicole Leber with Lantern Pharma, but our speakers today include Dr. Kishor Bhatia, who is the Chief Scientific Officer at Lantern Pharma. We also have Dr. Igor Astsaturov, who is the Co-Director of the Marvin & Concetta Greenberg Pancreatic Cancer Institute at Fox Chase Cancer Center. And we also have Dr. Ira Sharp joining us today, who is a physician, pancreatic cancer survivor and patient advocate. And with that, I will turn things over to Dr. Astsaturov.

Igor Astsaturov

attendee
#2

Thank you, Nicole. Yes, November 18, Thursday is the World Pancreatic Cancer Day. And we use this opportunity to raise awareness on every possible stage of the urgency to develop new treatment options for patients who suffer from pancreatic cancer. It's a disease that is very difficult to treat and is rising in its incidents. We still understand poorly what causes this rise in the incidence of pancreatic cancer. And this is projected to be the third leading cause of cancer death by 2030. With this in mind, I think the flight of the patients and their families should be the focus in center of every scientist, every politician, every physician, every caregiver or family member. Even if you are not personally affected by this disease, it affects us all, collectively as a society. And I'm very privileged to be part of this webinar. I think you guys are doing a great job. I can't wait to hear from Kishor about the plans of Lantern to develop a new drug for the treatment of this disease.

Kishor Bhatia

executive
#3

Thank you, Igor and thank you, Dr. Sharp for taking the time to have a discussion on World Pancreatic Cancer Day. Perhaps this might be a good time to get a sense of -- for patients' journey through diagnosis and treatment of pancreatic cancer. Maybe I'd ask Dr. Sharp to give us some background on his journey.

Ira Sharp

attendee
#4

Thank you, Dr. Bhatia. Thank you for asking me to participate today. This month marks exactly 8 years since my diagnosis of pancreatic adenocarcinoma. And in November 2013, I was a 57-year-old practicing internist and absolutely had no thoughts of pancreatic cancer on my personal horizon. About that time, I developed new onset of diabetes, abdominal gastrointestinal bloating and bowel changes and fatigue. After some prodding from my wife, I actually ended up in the hospital. They found a 5.5-centimeter mass, complex mass, in my body and tail of pancreas. And after endoscopic ultrasound and biopsy, I was diagnosed with that. Needless to say, that kind of diagnosis threw me completely for a loop and my family. So I actually began on chemotherapy with FOLFIRINOX, which at the time was considered the best followed by radiation therapy followed by surgery for what was then locally invasive Stage 3. And then my journey continued 6 months later, although my resection was an R0 resection with negative lymph nodes. I had a recurrence of a lymph node in my neck. And in my adrenal gland, I had enlargement and again, I had metastatic disease. So at that time, that's when I began on a clinical trial with [indiscernible] which is, as you mentioned, a wind inhibitor, and it was quite remarkable, at least for me. We were in a Phase I clinical trial, didn't expect to see tremendous results, but I was extremely lucky. And within a few months, the lymph node resolved, the CA19-9 tumor marker dropped considerably. And I remained on that drug for 5 years, along with gemcitabine and Abraxane (nab-paclitaxel). So the course was relatively uneventful, although I did develop mild hemolytic uremic syndrome, presumably from the combination of gemcitabine and the drug. And when the gemcitabine was discontinued, that resolved. And in addition, I developed peripheral neuropathy as a result of the Abraxane perhaps together with diabetes, and that continues, but I stop the Abraxane and it's been stable. To this date, I'm now almost 2 years of all chemotherapy with stable lab results and stable MRIs. So that's my general experience. An I'd be happy to answer any questions if you have any. And thank you.

Nicole Leber

executive
#5

Dr. Sharp, thank you so much for being a part of today's webinar, we really appreciate your insight. And turning gears a little bit, Dr. Bhatia, can you provide some background on Lantern Pharma and our development of Irofulven, and LP-184 for our viewers?

Kishor Bhatia

executive
#6

Sure. I think the key aspect from Dr. Sharp's journey is the importance of new drugs and clinical trials. Our focus in Lantern Pharma drug discovery is fueled by things. One is the critical need in several areas of cancer for new drugs. At the same time, paralleled with a continuous increase in the amount of genomic and other data, therefore, provides a potential to use the data and define how to derisk the development of drugs. I think the ability for Lantern Pharma, [ shorter ] clinical development allows drugs to reach a maturity stage faster and with greater potential of success. And LP-184 is a very good example of this development paradigm that Lantern Pharma uses. LP-184 is a drug from a class of molecules called acylfulvenes. These class of molecules are similar to another molecule that is found naturally in Jack-o-Lantern mushrooms. This molecule is called illudin, and illudin was discovered in Jack-o-Lantern mushrooms early in the 1950s. It has very high toxicity and therefore, very little tumor selectivity. Over a period of time, using structure and derivatization, several groups including ours have worked modifying illudins to make them more tumor selective and LP-184 is one such molecule. It has a much broader therapeutic index, and it has high tumor selectivity. LP-184 is a completely synthetic one, although it's structure is similar to illudin, the way Lantern Pharma makes this molecule, it makes it completely synthetically without using any illudin or [indiscernible] compounds from the Jack-o-Lantern mushrooms.

Nicole Leber

executive
#7

Okay. Great. And again, Kishor, can you explain just a bit more how LP-184 works and why it's so unique?

Kishor Bhatia

executive
#8

Yes. LP-184 has the ability to track the tumor DNA. However, it alone on its own cannot do that. It requires the presence of certain enzyme called PTGR1. And much of this evidence was provided in the confirmatory way by some work that [indiscernible]. Suffice it to say that PTGR1 is a critical driver of the efficacy of LP-184 and that itself provides a certain advantage in tumor selectivity. PTGR1 is expressed high [indiscernible]. Therefore, one can select the kind of tumors [ where ] LP-184 would work. The damage it causes to the DNA in the tumor cells is the kind of damage that can only be repaired by a certain group of enzymes or a certain pathway called the transcription coupled nucleotide excision repair. It turns out that there are several tumors that are deficient in this pathway. And one can imagine therefore, that if you have tumors that have high expression of PTGR1, has the inability to repair the damage in the DNA caused by LP-184 because of the absence of certain proteins that now you have LP-184 selectively killing these cells. And that is really the way that LP-184 works and it works in a manner that can be used to selectively match it to tumors with certain genomic features.

Nicole Leber

executive
#9

Dr. Astsaturov, what challenges are currently associated with pancreatic cancer treatment, would you say? And how might they be overcome?

Igor Astsaturov

attendee
#10

Thank you, Nicole, what is needed in the world of pancreatic cancer and what families and patients are looking for winning new options. Currently, we have only 3 lines of chemotherapy for patients who unfortunately have metastatic disease like in Ira's case. And these chemotherapy options are very limited in time and efficacy. So any new drug that comes to the clinical stage is a huge step forward. And as Kishor pointed out, instead of treating every cancer with a [indiscernible] chemotherapy like we do nowadays, it is really important to come up with something that is more intelligent and more specifically tailored to the genetic makeup of patients' tumor. Here on this slide, you show maybe 10%, 15% of pancreatic cancers carry mutations in DNA repair pathway, which is called homologous recombination or HR and there is a new class of drugs that is specifically active in this group of patients in this class of tumors. But there is also another even smaller subset of tumors that are [carrying] mutations in this family of ERCC genes. And this is a pathway that Kishor had mentioned. It's called transcription coupled nucleotide excision repair pathway, because everybody who comes through our clinics will have their tumors and their germline DNA tested. So nowadays, it is pretty routine for us to understand and detect individual cancer mutations. And therefore, we are prepared to deploy targeted specific therapies that are unique for each individual's cancer genetic makeup. I think that is what really bears the promise. And I think that is what is actually needed for the patients and for what we clinicians are looking for.

Nicole Leber

executive
#11

Can you elaborate a bit on the results from the preclinical studies performed to date and their implications on patient outcomes in trial design?

Igor Astsaturov

attendee
#12

Thank you, Nicole. I'm quite privileged that we established this collaboration with the Lantern in order to develop a concept for patients. I came in contact with Lantern when they had this really amazing informatics tool that predicted this derivative of Irofulven, LP-184. And the unique feature of this compound is actually it's a fully synthetic derivative. So you can control the stereoisomers of the molecule. And previous compounds had racemic mixture of positive and negative stereoisomers. But what is amazing, in that graph on the left, you can see that the [indiscernible] which is expressed as IC50 [indiscernible] toxic concentration on killing 50% of cancer cells in a petridish. So that concentration is directly proportional to a single gene of all the 25,000 genes that are expressed in mammalian cells. And that gene was PTGR1. I haven't heard of PTGR1 before. But apparently, it is an enzyme called prostaglandin reductase. It's [indiscernible] -dependent oxidate that converts certain type of prostaglandins and reduces their oxidation. So what was left for us to document experimentally that indeed, this association is functional. And that means, and we have poeticized that PTGR1 is the enzyme that converts LP-184 or its precursor out of [indiscernible] to fully active alkylating agent. These associations have been previously proposed in the literature. And the experiments were done. PTGR1 was overexpressed or expressed at high level in certain cell lines in vitro. But we went in a slightly different and more genetically precise manner. So here on the graph that you see on the right-hand side, we took 2 cancer cell lines at the propagated in vitro and using CRISPR technology, we deleted PTGR1 completely. And you see the 2 lines, green and blue on the top of the graph, which are horizontal. These are the cells that have lost PTGR1. And you can push the concentration of LP-184 to micromolar range, and you will not see any site of toxicity. Whereas the parental -- the cell lines that carry PTGR1 and depleted with control and nontargeted guide RNA. These cells are very sensitive in nanomolar range, which is really is a very strict, very specific genetic documentation that indeed, there is a unique enzyme. And what is actually interesting in terms of PTGR1 itself, it is induced by another very potent oncogenic transcription factor called NRF2 spelled as N R F 2. So this transcription factor is a central player in pancreatic cancer progression. It is also induced by oxidative stress by chemotherapy by radiation and is, in many respects, is a basis for resistance of pancreatic tumors to cytotoxic, genotoxic therapies that we use to treat pancreatic cancer like radiation and chemotherapy. So I think to answer your question directly, yes, we have 2 ideas that we can tailor LP-184 to the patients. One is the generic vulnerability that is deficiency in [indiscernible] genes. So they're mutated oftentimes in pancreatic tumors. And also, which is a very interesting biomarker that we haven't really proven yet in the clinical setting, that is the level of expression of PTGR1 (prostaglandin reductase) because the more of this protein is expressed, the likely that LP-184 will be converted to a fully activated alkylator, which will immediately attack the DNA of the tumor cells.

Kishor Bhatia

executive
#13

So Igor, one of the things that you mentioned was that our higher expression of PTGR1 often is also marker or a correlation with resistance to other chemotherapy drugs. Even that then makes sense to think that LP-184 can use that vulnerability when tumors are resistant to other chemotherapeutic drugs because of an increased PTGR1 and therefore, has a certain advantage in tumors that are resistant to other chemotherapeutic agents.

Igor Astsaturov

attendee
#14

I think that is something that needs to be explored. And in fact, one of the ideas that we are discussing internally in my laboratory and with you is to really find ways to combine LP-184 with other chemotherapy agents. So when the tumors start developing resistance, and upregulate PTGR1, there you can come in with this compound and exploit the resistance mechanism as a mechanism of vulnerability of the tumor cells. One of the potential agents to be combined with is the radiation. NRF2 is a very well-established radioresistance marker and is induced by radiation. And we also showed in limited number of experiments that if you radiate the tumors in vitro or in vivo with a single dose of radiation. it actually drives a multiple fold in that expression of PTGR1 protein and mRNA, suggesting that this linear transcriptional mechanism from radiation to oxidative stress to induction of NRF2 oxidative to expression of PTGR1 is a very generalizable vulnerability mechanism through which LP-184 can be deployed as a potential partner with radiation therapy. And we use radiation quite extensively in pancreatic cancer in patients who have localized tumors, candidates for surgical resection, but also a significant -- close to 20% of patients who have localized tumors that cannot be resected because they just so much infiltrate to the major blood vessels that surgeons cannot remove them. And those patients difficult to manage, they have quite significant local symptoms. And their course is inevitably detrimental. Eventually, they succumb to the tumor. And having a new mechanism that will allow us to exploit the resistance is a point of vulnerability. I think that will be totally amazing, and I'm really enthusiastic and looking forward with optimism that we can come up with something new.

Kishor Bhatia

executive
#15

Yes. Here on this slide, we see another very elegant study that was done in [Indiscernible] lab, which provides more confirmatory evidence about the synthetic lethality of LP-184 in tumors that are deficient in the nucleotide excision repair pathway.

Igor Astsaturov

attendee
#16

So here, Kishor, somehow, we dropped the arrow bars, but I assure you that we repeated this multiple times and actually now confirmed that the same phenotype is retained in vitro -- in vivo in xenograft experiment. So if you just drop down the expression of ERCC4 in this case, using CRISPR technology to deplete the protein in the transcripts -- from the cancer cells without introducing the mutations, many cell lines cannot target these de novo mutations if you try to introduce them in the genes of DNA repair pathway. But if you just depress the level of expression of ERCC4 by roughly from 100% to 20%, this is sufficient to sensitize tumors to LP-184. Again, suggesting that a subset of cancers were nucleotide excision repair pathway or other DNA repair pathway deficiency maybe either genetic or epigenetic when these genes are underexpressed, expressed at the lower level, these tumors may be vulnerable to toxins like LP-184. So this is what I was referring to earlier that indeed, PTGR1 is a major dependency for LP-184 activity. So if you pay attention to these colored lines, so the one in purple color in kind of the second from the bottom is tumor graphs that we artificially depleted of PTGR1. And you can see that these tumors are quite similar to [indiscernible] grew with some delay, but eventually, they grow out and acquire absolute resistance. There is no effect whatsoever. Whereas the green line is the parental control cell line -- controlled xenograft, where PTGR1 is actually expressed to the reasonably high level, and these tumors are shrinking progressively. We stopped the experiment in 2 months. But even when we open the animals, if you -- Nicole, if you could switch to the next slide, that actually illustrates what we found at the end of the experiment, which lasted for long 2 months, which is very similar to sometimes we do in patients. We do 2 months of chemotherapy and then get a CAT scan to see if the tumor is gone or not as opposed to some traditional xenograft experiments where you treat mice for 3 weeks and report the results right away. So we've been -- as we stay -- we stayed in this work as close as possible to the reality of clinical care of the patients. And so you can see here at the bottom slide, these tumors that were reflected in their size on the green light on the previous slide, in the green color. So this is [indiscernible] tumors, sometimes we've found just the residual foci of carcinoma. And in one mouse, we had found nothing, no tumor, no scar tissue, everything was gone. So this really tells me that this is a very potent compound. And as long as we balance the toxicity versus benefit therapeutic effect, this has a very strong promise in pancreatic cancer field. On the top line, on the top panel are the tumors that are PTGR1 negative. And as expected from our prior experiments in vitro -- in vivo, it produces exactly the same situation that tumors have grown and were insensitive to PTGR1 -- in the absence of PTGR1, insensitive to LP-184. And although it's not shown here, but LP-184 treated tumors that are PTGR1 deficient that looked almost exactly the same.

Kishor Bhatia

executive
#17

So obviously, PTGR1 is a very critical component providing tumor selectivity. And therefore, it's also likely to be a critical biomarker in selection [indiscernible] clinical trials.

Igor Astsaturov

attendee
#18

Yes. I think it's a sort of a very unique circumstance. I'm not aware of any other chemotherapy drugs that would have been that much dependent on a single enzyme or if there was any analogous mechanism of enzymatic conversion of the prodrug to fully functional alkylator agent that would be cytotoxic to cancer cells. So it's -- I think we really should capitalize on this unique dependency and use PTGR1 in our future studies as a biomarker of potential candidates for this chemotherapy drug.

Kishor Bhatia

executive
#19

So these are ex vivo patient derived pancreatic cancer models.

Igor Astsaturov

attendee
#20

So you can say that these are patient-derived xenografts that were treated ex vivo and then subsequently confirmed in true xenograft and vivo experiment. And what you found in the -- your collaborators at Champions found that there is an incredibly high potency of LP-184 in a subset of cancers or pancreatic adenocarcinomas grown in mice that are carrying deficiencies in DNA repair pathway, including homologous recombination deficiency, ATM. This is, I think, one of these tumors, I think [indiscernible] was carrying ATM mutation. So that is something that we should be looking in our patients' tumors. If there is a mutation in DNA repair pathway, and we do it routinely nowadays in our clinical practice. So these are the patients who are more likely to benefit. And in comparison to olaparib, which is FDA approved for the treatment of tumors with homologous recombination deficiency, you can see how significantly lower the concentration that you need to expose these tumors to LP-184. It's a low nanomolar range and it really provides enormous killing effect. And so that essentially what tells you that when you put these tumors in humans or when you find these tumors in humans, like you put them in mice and you administer this drug, you will have a reasonable tolerable toxicity, whereas you would deliver a very potent blow to the cancer.

Ira Sharp

attendee
#21

May I ask you a question?

Igor Astsaturov

attendee
#22

Sure, of course.

Ira Sharp

attendee
#23

So PTGR1 expression in normal cells. Is there a variability in expression? And is it related to the toxicity of LP-184?

Igor Astsaturov

attendee
#24

It's a very good question, Ira, and I appreciate you as a doctor, you know first and the side effects of chemotherapy. Yes, indeed, PTGR1 is normal enzyme, and it is expressed in normal tissues. Like for instance, we found totally serendipitously that it is expressed in the hepatocytes. And obviously, if you expose hepatocytes to LP-184, it induces hepatotoxicity. But what was interesting, and we haven't really pursued it rigorously. But an interesting observation is that if you fast mice, if you don't give mice food for overnight and you give them -- if you check their PTGR1 expression, it's actually several folds lower as opposed to the mice that are eating ad libitum. If I were a patient, I wouldn't want to get this chemotherapy on my empty stomach, wait for a couple of hours and then eat. But yes, it is a concern, and I think we need to learn more about the drug by distribution toxicities. So that's something that we need to keep a bear in mind as we bring these compounds to clinical testing. But the good news is that the half-life of LP-184 in human body is going to be very short. The half-life is about, what, 15 minutes, Kishor, correct me if I'm wrong.

Kishor Bhatia

executive
#25

That's correct, yes.

Igor Astsaturov

attendee
#26

So it's in and out, and it will rapidly convert almost instantaneously. It's very membrane permeable compound, so it will almost instantaneously convert to [ cytotoxin ] in cells that express high level of PTGR1. So if you find somebody who is willing to delay their breakfast and have the chemotherapy with this drug and then go on to with normal life, in 15 minutes, the drug will leave the body, but it will induce damage on cancer.

Ira Sharp

attendee
#27

Okay. So a follow-up to that, if you -- other than fasting, is there any other way to regulate in vivo PTGR1 levels and also NRF2 levels, which ...

Igor Astsaturov

attendee
#28

Yes, that's an excellent point. Thinking outside of a box, like how would you do that? And so you can locally induce PTGR1 expression. There were published experiments where people use the various oxidative agents like [indiscernible] or some other benign chemicals. But when you treat an organism of human or a mouse with these compounds, you induce systemic upregulation of PTGR1 expression. So the idea was to really do it in a localized fashion, and this is where we turn to radiation as a strategy. So you can [ radiate ] with very high precision in a very specific area of human body where cancer is localized. You induce PTGR1 expression, and you can come in with the drug and hit that part of the body very strongly with double hit. You radiate it, which you induce DNA damage and the cells will try to repair it. But then you come in with another toxin, which is activated to fully activate [ cytotoxin alkylating ] agent, thanks to PTGR1. So we are still in -- preparing to do this experiment, I can't wait to see the results. And if our prediction is correct, then yes, we will be able to activate local expression through radiation therapy.

Kishor Bhatia

executive
#29

And also, I think the thought process based upon some of the data that we see is that given a normal and a tumor cell, both of which might have the same level of PTGR1, the presence of deficiencies in the tumor cell that disable them to repair the damage caused by LP-184 is another window of the driver of selectivity. The normal cell eventually repairs the damage and do fine, but it's the tumor that will selectively die. And I think you see that also in the comparison of the IC50s in epithelial cells derived from controlled [indiscernible] compared to those that you have from tumors. And the other advantage of LP-184 because of PTGR1 dependency is that it's likely going to have much lesser hematotoxicities because PTGR1 is expensed at much lower levels in many of the [indiscernible] cells.

Igor Astsaturov

attendee
#30

We -- this is something that we have to learn. It's -- you can't really predict, obviously, in the drug development pipeline, you will have to do toxicology studies in large mammals. But eventually when it hits the clinical grounds, Phase I clinical trial will be where we learn a true toxicity and drove doses that patients can tolerate. And that will also establish a potential signal of activity. So this is something that is hopefully going to happen in the near term. We're very much looking forward to launching a Phase I clinical trial that will be instrumental in bringing this compound to the clinical stage and explore all these amazing avenues that we outlined for ourselves.

Kishor Bhatia

executive
#31

Since Igor mentioned about the Phase I clinical trials, just to get an idea of what his thoughts and his team there at [indiscernible] thinks in terms of the design of the clinical trial and how we plan to go about it.

Igor Astsaturov

attendee
#32

Thank you, Kishor, for asking this question. Nicole, I think it is really an exciting opportunity to bring a scientific idea to the clinical stage. I can't wait to really get this idea to the clinic, to the patients. We have multiple discussions with Lantern, and I think the plan is quite clear. As soon as the FDA gives you permission to conduct a Phase I clinical trial, Fox Chase Cancer Center and my collaborators here with my -- at our institution will be ready to design, review or launch a clinical trial, offer these opportunities for patients who carry specific genetic biomarkers that we believe will be providing them certain benefit because of the known mechanism of how this drug works. And my ambition is nothing but to create more miracles like Dr. Sharp, who came 8 years ago with devastating malignancy, metastatic stage. And thanks to innovation and his personal perseverance and our work as a team here at Fox Chase Cancer Center -- use data on the drug, and I proudly use the last drop of [indiscernible] on you. We had this dedicated [fridge in the pharmacy] just to carry your vials. Thankfully, when we exhausted the drug. And unfortunately, this program collapsed for totally unrelated economic reasons. But nonetheless, you're here well. And I think you're working miracle. Anytime I see new patient, I mentioned your example for volunteerism, participation in clinical research and clinical trials, being brave, not giving up, how this can create miracles, but it has to be coupled with good [ science ] and good scientific rationale. So I think with this, in this tools in hand, and with this motivation in our hearts, we can definitely make a difference.

Ira Sharp

attendee
#33

Thank you.

Kishor Bhatia

executive
#34

Thank you, Dr. Sharp and Dr. Astsaturov. And thank you [indiscernible]. I think this has been a very interesting discussion. And I think we all are quite enthusiastic about moving forward with LP-184 and seeing how get best serve the right patients. And therefore, the clinical study that we are planning to do with Fox Chase Cancer Center become a key aspect of our path forward.

Nicole Leber

executive
#35

Okay. And with that, we'd like to open it up for some Q&A. A couple of questions coming in here. LP-184 is, is it administered systemically? And what about intratumoral injection?

Igor Astsaturov

attendee
#36

I can take this question, Nicole. Thank you for it. It's a really good question. I think intratumoral administration is a good idea because that will [ obviate ] the need for selectivity, you can deliver directly to the tumors. The only caveat to this is that in the case of pancreas cancer, the tumor is localized in a rather unaccessible location. Pancreas is difficult to biopsy. Even the metastases, which are most commonly occurring to the liver or to the peritoneum, or lymph nodes. These are also difficult to reach with the needle if you plan to do an injection. But it may be true for some other more superficial tumors, like for instance, one of the ideas that we discussed is a bladder cancer that is locally invasive and oftentimes about 10% of them carry mutations in nucleotide excision repair pathway. Melanoma, that's another potential candidate for local therapy. And we do quite actively pursue these approaches in melanoma, viral vectors and vital therapies are -- therapeutics actually pursue the melanoma field. So there is a certain room for local therapy, but for pancreas cancer, my gut feeling is that it's going to be probably challenging just because of the sort of anatomy.

Nicole Leber

executive
#37

Thank you, Igor. And I know you answered this one a little bit, but will LP-184 work in previously treated cancers?

Igor Astsaturov

attendee
#38

Right. So I think it's also an important issue, which we really haven't explored to the greatest level of detail. And I think if you were to rephrase this question and ask if tumors acquire chemoresistance, would that chemoresistance be the total to all chemotherapy drugs? And that may be true because the mechanism of resistance to chemotherapy are variable and multiple. There is a sort of reversal mutations in homologous recombination deficient tumors, for example. There is lots of other genes that would confer cytotoxicity like [indiscernible] binding protein loss is a common loss of sensitivity to platinum and PARP inhibitors in HR deficient tumors. So there is epithelial to mesenchymal transition, dormancy sort of slowing down the cell cycle. That is the way that cancer cells often times avoid cytotoxic chemotherapies. So these are all relevant to probably multiple drugs, including LP-184. But we also believe that the key vulnerabilities, we think of 2 biomarkers that [indiscernible], but oftentimes a coincident, like you have NER pathway deficiency or any other DNA repair pathway deficiency and high level of PTGR1. So these are the 2 key biomarkers that will probably define vulnerability of cancers to LP-184.

Nicole Leber

executive
#39

Okay. Great. Another couple of questions coming in. Are there other methods to promote the specificity of LP-184 such as ADCs, antibody drug conjugates?

Kishor Bhatia

executive
#40

Yes, definitely. And those are some areas that we are pursuing independently as well. We have been working to define the best linker combinations and the best antibody targets. Some of this is in late preclinical testing.

Igor Astsaturov

attendee
#41

I think it's a good point, Kishor. If you create an antibody drug conjugate, you can deliver LP-184 or any similar compound very precisely to the site of the tumor.

Nicole Leber

executive
#42

Another one coming in here is endogenous PTGR1 expression pan-cellular? If not, would induction of PTGR1 via local radiation or other means or [ ectopic ] expression in order for LP-184 to work in cells that do not normally express PTGR1?

Kishor Bhatia

executive
#43

I think by far and large, PTGR1 expression is pan-cellular. It is really the amount of PTGR1 that varies greatly between different cell types. And as Igor has mentioned before and provided data from some of these studies, radiation will enhance -- will upregulate PTGR1 expression.

Nicole Leber

executive
#44

Okay. And last question that came in here. Does radiation potentiate LP-184? And is it time sensitive or dependent?

Igor Astsaturov

attendee
#45

Right. So that's a burning question for me and Kishor. We don't know the answer yet, but the experiments are underway. We believe that the transcriptional related response of induction of PTGR1 is relatively rapid. We approximated that the peak of expression occurs within 2 to 4 hours post radiation, and it kind of goes away in 24 hours. So anywhere between 2 to 24 hours' time window following a single dose of radiation, we noticed that PTGR1 is induced both transcriptionally and at the level of the protein. So those are the kind of initial pilot data that we generated in the lab using in vivo and in vitro models, but a true test to the principle will be a combination chemoradiotherapy experiment, which we're about to start within the next couple of weeks. And stay tuned. We'll let you know once those data are available.

Nicole Leber

executive
#46

Okay. Thank you both so much. And those are all the questions we have gotten so far. I'd like to open it up for a couple of closing remarks.

Igor Astsaturov

attendee
#47

There is sort of my personal side of the story is that my life is I told you [indiscernible] passed away from metastatic pancreatic cancer and she was a faculty at Jefferson. She died on March 31, 2013. Her cancer carried MYC amplification. And we found that those cancers that carry MYC amplification were particularly vulnerable. Just a few weeks after she passed away we found that drug [indiscernible] is putting her tumor into remission for many months in [ xenograft of animals ]. So she missed the chance to be in that trial just for a few months. But that really illustrates the point that we're making -- we made earlier patients are in desperate need for new options, and each drug that comes to the stage in pancreatic cancer [indiscernible] potential to save somebody's life, like [ it ] did for you. We didn't have chance for Elena. That inspired me to work on this. So we'll keep pushing. And I think eventually we'll succeed and defeat this disease, one patient at a time. On this World Pancreatic Cancer Day, I think we should stay optimistic, maintain our tenacity, maintain our commitment to defeat and fight this disease because it threatens all of us, whether you get it or you have neighbors, family members who in desperate need for answers. I want this to be a voice as loudly as possible on that day of November 18.

Kishor Bhatia

executive
#48

Yes, totally I agree.

Nicole Leber

executive
#49

And thank you to Igor and Dr. Sharp for joining us and providing both of your insight. We really appreciate it. And again, we just want to reiterate that we at Lantern Pharma, we're going to continue to work and find a cure for this disease and so that we can find more success stories like Dr. Sharp's, very inspiring. And so if anyone has any additional questions aside from the ones that were posed today, please feel free to either visit our website or you can find a similar contact information or you can send an e-mail to [email protected]. That's [email protected]. And thank you to everyone that joined us today. We really appreciate it.

Igor Astsaturov

attendee
#50

Thank you, Nicole.

Ira Sharp

attendee
#51

Thank you, Nicole.

Kishor Bhatia

executive
#52

Thank you.

For developers and AI pipelines

Programmatic access to Lantern Pharma Inc. earnings transcripts and 32,000+ others is available through the EarningsCalls.dev REST API. Plans from $24.99/month — full transcripts, speaker segments, full-text search, and the recently-added /api/v1/transcripts/recent polling endpoint for ETL pipelines.