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0 -0.00100548664122136 0.000178912213740465 -0.000238549618320563 0.000238549618320563 0.00560591603053434 -0.000387643129770979 -0.00256440839694661
Stock impact report

Belite Bio On A Tear As It Approaches Key Regulatory Submissions [Seeking Alpha]

Belite Bio, Inc - American Depositary Shares (BLTE) 
Company Research Source: Seeking Alpha
Tinlarebant showed statistically significant slowing of lesion growth in Stargardt Disease Type 1 and solid tolerability, addressing a major unmet need, but risks remain. Key risks include the FDA possibly requiring a second Phase III study, pricing uncertainty, and the EU's acceptance of the DRAGON study's primary endpoint of slower lesion growth. The path forward in geography atrophy is unclear, as pricing would be very different for this indication. I value BLTE at ~$165/share today, with meaningful upside if regulatory and clinical milestones are met, but current risk/reward is less compelling after the recent rally. Ivan-balvan/iStock via Getty Images The market has definitely started to care more about Belite Bio ( BLTE ) in the last few months, as the shares of this ophthalmology-focused biotech have risen roughly 150% since late September. The stock has likewise started attracting the attention of larger sell-side This article was written by Analyst's Disclosure Show less Read more
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