Belite Bio, Inc (BLTE)

US — Healthcare Sector
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Key Metrics & Ratings

  • symbol BLTE
  • Rev/Share 0.0
  • Book/Share 4.6361
  • PB 13.8521
  • Debt/Equity 0.0037
  • CurrentRatio 24.3096
  • ROIC -0.2733

 

  • MktCap 2090026028.0
  • FreeCF/Share 0.0
  • PFCF 0.0
  • PE -55.8855
  • Debt/Assets 0.0035
  • DivYield 0
  • ROE -0.3082

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 2
  • P/B Score 1
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
No ratings available.

News

Belite Bio Announces FDA Granting of Breakthrough Therapy Designation for Tinlarebant for the Treatment of Stargardt Disease
BLTE
Published: May 21, 2025 by: GlobeNewsWire
Sentiment: Neutral

SAN DIEGO, May 21, 2025 (GLOBE NEWSWIRE) -- Belite Bio, Inc. (NASDAQ: BLTE), a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation for Tinlarebant for the treatment of Stargardt disease (STGD1) based on the previously reported interim data from the ongoing Phase 3 DRAGON trial. There are currently no approved treatments for STGD1.

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image for news Belite Bio Announces FDA Granting of Breakthrough Therapy Designation for Tinlarebant for the Treatment of Stargardt Disease
Belite Bio: Investors Face Tricky Decision Ahead Of Key STGD1 Study Readout
BLTE
Published: May 15, 2025 by: Seeking Alpha
Sentiment: Positive

Belite Bio's lead drug, Tinlarebant, shows promise in rare eye diseases, but pivotal data and regulatory approval remain at least 18 months away in my view. The DRAGON study's interim analysis is encouraging, but assumptions of success are risky given the small STGD1 market and lack of robust clinical data. Belite's $2bn valuation appears to price in success for both STGD1 and GA, yet GA efficacy data is lacking and competition is fierce.

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image for news Belite Bio: Investors Face Tricky Decision Ahead Of Key STGD1 Study Readout
Belite Bio, Inc to Present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference May 15th
BLTE
Published: May 12, 2025 by: GlobeNewsWire
Sentiment: Neutral

Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com

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image for news Belite Bio, Inc to Present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference May 15th
Belite Bio to Participate in Four Upcoming Investor Conferences
BLTE
Published: May 12, 2025 by: GlobeNewsWire
Sentiment: Neutral

SAN DIEGO, May 12, 2025 (GLOBE NEWSWIRE) -- Belite Bio, Inc (NASDAQ: BLTE), a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that the executive management team will participate in four upcoming investor conferences. Details of the presentations are as follows:

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image for news Belite Bio to Participate in Four Upcoming Investor Conferences

About Belite Bio, Inc (BLTE)

  • IPO Date 2022-04-29
  • Website https://belitebio.com
  • Industry Biotechnology
  • CEO Dr. Yu-Hsin Lin M.B.A., Ph.D.
  • Employees 25

Belite Bio, Inc, a clinical-stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting atrophic age-related macular degeneration and autosomal recessive stargardt diseases. Its lead product candidate is LBS-008, an oral once-a-day treatment that can reduce and maintain the delivery of vitamin A to the eye to reduce the accumulation of toxic vitamin A by-products in ocular tissue that is in phase 3 clinical trial. The company is also developing LBS-009, an anti-retinol binding protein 4 oral therapy targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes, which is in the preclinical development phase. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc operates as a subsidiary of Lin Bioscience International Ltd.