Belite Bio, IncBLTE

$146.12-2.22 (-1.50%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$6B
Mid-cap
+2197%
2022 — today
10-Year Price
+1288%
2022 — today
52-Week Range
$56.81$190.30
Current $146.12· 67%

Belite Bio, Inc. is a clinical-stage biopharmaceutical company focused on the discovery and advancement of novel therapies. The firm's primary therapeutic areas include atrophic age-related macular degeneration and autosomal recessive Stargardt disease. Its flagship drug candidate, LBS-008, is an investigational oral medication administered once daily. Currently undergoing Phase 3 clinical trials, LBS-008 is engineered to modulate vitamin A delivery to the eye, thus preventing the accumulation of detrimental vitamin A metabolites in ocular tissues. Furthermore, Belite Bio is advancing LBS-009, an oral anti-retinol binding protein 4 therapy, through preclinical development. This therapy targets various liver ailments, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes. Founded in 2016, Belite Bio, Inc. is headquartered in San Diego, California, and operates as a subsidiary of Lin Bioscience International Ltd.

Valuation in context

P/E ratio
-57.3
N/A
Not meaningful — company is unprofitable
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