Belite Bio Doses First Subject In Pivotal Phase 3 PHOENIX Trial Evaluating Oral Tinlarebant For Geographic Atrophy
Portfolio Pulse from Happy Mohamed
Belite Bio, Inc (NASDAQ:BLTE) has dosed the first subject in its pivotal Phase 3 PHOENIX trial for Geographic Atrophy (GA). The trial is evaluating the oral tablet Tinlarebant, which is intended to slow disease progression in subjects with Stargardt Disease and GA in advanced Dry Age-related Macular Degeneration. The trial aims to enroll approximately 430 GA subjects across multiple centers globally. There are currently no FDA-approved oral or non-invasive treatments for GA.
July 27, 2023 | 9:20 pm
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POSITIVE IMPACT
Belite Bio has begun its Phase 3 PHOENIX trial for GA, a disease with no current FDA-approved oral treatments. The trial's success could position Belite Bio as a leader in this area.
The initiation of the Phase 3 trial is a significant milestone for Belite Bio. If successful, the trial could lead to the first FDA-approved oral treatment for GA, potentially positioning Belite Bio as a leader in this field. This could have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100