Belite Bio, Inc (BLTE) Stock
Belite Bio, Inc. is a clinical-stage biopharmaceutical company focused on the discovery and advancement of novel therapies.
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About Belite Bio, Inc
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.
Belite Bio, Inc is headquartered in US.
Belite Bio, Inc (BLTE) stock trades at $157.14 with a market capitalization of $6.30B. The stock is valued at a price-to-earnings (P/E) ratio of -61.62, price-to-book of 7.87, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $60.00 and $200.00, and currently trades 21.4% below its 52-week high.
On profitability, Belite Bio, Inc generates a return on equity (ROE) of -18.14%, return on capital employed of -12.74%, an operating margin of 0.00%, a net profit margin of 0.00%.
Official website: belitebio.com