Belite Bio Announces That Its Lead Pipeline, Tinlarebant, Has Been Granted Sakigake Designation By The Ministry Of Health, Labour And Welfare In Japan For The Treatment Of STGD1.
Portfolio Pulse from Benzinga Newsdesk
Belite Bio announced that its lead pipeline drug, Tinlarebant, has been granted Sakigake designation by Japan's Ministry of Health, Labour and Welfare for the treatment of STGD1.
June 12, 2024 | 7:26 am
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Belite Bio's lead drug, Tinlarebant, has been granted Sakigake designation by Japan's Ministry of Health, Labour and Welfare for treating STGD1. This designation could expedite the drug's approval process in Japan, potentially leading to earlier market entry and revenue generation.
The Sakigake designation is a significant regulatory milestone that can accelerate the approval process in Japan. This increases the likelihood of Tinlarebant reaching the market sooner, which is positive for Belite Bio's stock price.
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