Lantern Pharma spins out AI platform into separate company
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Lantern Pharma (Nasdaq: LTRN) Establishes Open-Medicine AI as a Separate Company to Commercialize and Expand Its Multi-Agent AI Co-Scientist Platform for the Transformation of Medicine
August 3, 2026 7:30 AM EDTThe Open-Medicine AI multi-agentic co-scientist platform represents the strategic evolution of withZeta.ai and is expanding into additional disease areas and modalities. The creation of the new entity, signed commercial licenses, and Board approvals are consistent with the agreements entered into in connection with Lanterns May financing. Lantern Pharma has executed commercial licensing agreements with Open-Medicine AI granting access to Lanterns withZeta.ai-related models, data, algorithms, and other assets and personnel. The global AI drug discovery and development market is projected to exceed $10 billion by 2030, and Open-Medicine AI enters this market with a... More
