Lantern Pharma (LTRN) Appoints Maria Maccecchini to its Board

Lantern Pharma Inc. (NASDAQ: LTRN) today announced that Maria L. Maccecchini, Ph.D. has been named as a nominee for election to Lantern's Board of Directors. Dr. Maccecchini will be presented alongside a slate of five existing Directors at Lantern's upcoming Annual Meeting to be held on June 8, 2022.

Additionally, Leslie W. Kreis, Jr., the Managing Principal at Steelhead Capital Management, LLC, managing partner and co-founder of Bios Equity Partners, LP and Bios Equity Partners II, LP, and a member of Lantern Pharma's Board of Directors since 2019, has advised Lantern's Board of his determination not to stand for reelection as a Director at Lantern's Annual Meeting.

"On behalf of the Board and Lantern Pharma, I would like to thank Les for his years of input, counsel, and expertise that has guided Lantern through its journey from a novel idea to a well-funded, Nasdaq-listed, A.I.-focused biopharma company. He has helped Lantern through multiple phases of growth — from a private company, through the IPO, and during the company's continued progress and improvements in more recent quarters," commented Panna Sharma, President and CEO of Lantern Pharma.

"I also want to congratulate Dr. Maccecchini on her nomination to our Board of Directors. The Board and the Company's Management are looking forward to her guidance and the opportunity to benefit from her decades of experience. Her nomination to Lantern Pharma's Board of Directors comes at an exciting time in our development, especially as several of our programs are entering clinical trials. As a seasoned pharma executive, scientist, and entrepreneur, she will bring multiple areas of expertise to our Company and be able to advise Lantern on critical decisions about trial partnering, trial design, and clinical operations" added Mr. Sharma.

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