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Belite Bio, Inc American Depositary Shares - $BLTE STOCK NEWS

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Belite Bio, Inc. (NASDAQ: BLTE) will host a webcast on May 14, 2024, to discuss the first quarter 2024 financial results and provide a business update. The company is a clinical-stage biopharmaceutical drug development company focused on degenerative retinal diseases. The webcast will be held at 4:30 p.m. Eastern Time.

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Belite Bio, Inc. (BLTE) will participate in a Key Opinion Leader Webinar to discuss Stargardt Disease and Geographic Atrophy and share insights on Tinlarebant, a novel therapeutic. The webinar, moderated by Cantor Fitzgerald, will feature Dr. Michel Michaelides, a renowned expert. Tinlarebant is a promising treatment with Fast Track, Rare Pediatric Disease, and Orphan Drug designations.

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Belite Bio presented additional analysis from a Phase 2 study of Tinlarebant in Stargardt Disease at the ARVO Annual Meeting. The 24-month trial showed promising results in slowing lesion growth and stabilizing visual acuity. Genetic profiling revealed that despite severe ABCA4 variants, 42% of treated subjects did not develop atrophic retinal lesions. A novel lesion size quantification method was able to detect atrophic lesions more accurately. The drug is now being evaluated in Phase 3 trials for Stargardt Disease and Geographic Atrophy.

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Belite Bio presented promising data on Tinlarebant, an oral tablet aimed at slowing disease progression in patients with retinal diseases at ARVO 2024. The Phase 2 trial showed a significant reduction in atrophic lesion growth in STGD1 patients compared to standard treatment. Enrollment for Phase 3 trials is complete, with interim data expected in Q4 2024.

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Belite Bio, a clinical-stage biopharmaceutical company, announced a $25 million registered direct offering with an institutional investor. The offering includes the purchase and sale of 651,380 American Depositary Shares at $38.38 per ADS, along with warrants to purchase additional ADSs. The closing of the offering is imminent.
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Belite Bio, Inc. announces positive results from a Phase 2 trial of Tinlarebant in treating Stargardt Disease and Geographic Atrophy. A pivotal global Phase 3 trial ('DRAGON') has been completed, with promising interim data expected in 4Q 2024. Tinlarebant has received Orphan Drug Designation in Japan and is also being studied in a global Phase 3 trial for Geographic Atrophy ('PHOENIX').
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Belite Bio, Inc (BLTE) released its annual report on Form 20-F for the year ended December 31, 2023. The report includes audited financial statements and can be accessed on the company's website. Shareholders can request a free hard copy.
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Belite Bio, Inc. announces positive results from Phase 2 trial of Tinlarebant in Stargardt Disease patients, completion of enrollment for Phase 3 trials, and strong financial position with $88.2 million in cash. The company is focused on developing oral therapies for eye diseases with significant unmet medical needs.
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Belite Bio, Inc (BLTE) will host a webcast on March 12, 2024, to discuss financial results and business updates for Q4 and full year 2023, focusing on therapeutics for degenerative retinal diseases.
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Belite Bio, Inc. (BLTE) to participate in Leerink Partners Global Biopharma Conference, hosting a fireside chat on degenerative retinal diseases. Webcast available on the company's website.
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Belite Bio, Inc American Depositary Shares

Nasdaq:BLTE

BLTE Rankings

BLTE Stock Data

1.29B
11.21M
60.29%
0.81%
0.13%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States of America
San Diego

About BLTE

belite bio inc is a san diego based clinical stage biopharmaceutical drug development company targeting untreatable age-related metabolic diseases, including macular degeneration, liver disease and diabetes. developed from our anti-rbp4 technology platform, our lead candidate, lbs-008, is currently in a phase i clinical trial for dry age-related macular degeneration and its juvenile form, stargardt disease. lbs-008 has received orphan drug status in the us and europe, as well as rare pediatric disease status in the us.