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BLTE
NASDAQ Life Sciences

Belite Bio Completes NDA Submission for Stargardt Disease Drug Tinlarebant

Analysis by Wiseek AI
Sentiment info
Positive
Importance info
9
Price
$138.16
Mkt Cap
$5.538B
52W Low
$56.1
52W High
$200
Market data snapshot near publication time

Summary

Belite Bio announced the completion of its New Drug Application (NDA) submission to the FDA for tinlarebant, a drug for Stargardt disease type 1 (STGD1) with Breakthrough Therapy Designation, marking a significant step towards potential market approval.


Key Events

  • NDA Submission Completed

    Belite Bio has completed the rolling submission of its New Drug Application (NDA) to the U.S. FDA for tinlarebant, an investigational oral therapy for Stargardt disease type 1 (STGD1).

  • Breakthrough Therapy Designation

    The NDA was submitted under Breakthrough Therapy Designation (BTD), granted due to the high unmet medical need for STGD1, a rare inherited retinal disease with no currently approved treatments.

  • Next Steps for FDA Review

    The completed application will undergo a 60-day review period with the FDA. If accepted, a Prescription Drug User Fee Act (PDUFA) target action date will be assigned.

  • Phase 3 Trial Success

    The Phase 3 DRAGON trial demonstrated tinlarebant's ability to significantly reduce the growth rate of retinal lesions compared to placebo, supporting its potential as the first approved therapy for STGD1.


Analysis

Belite Bio has completed the New Drug Application (NDA) submission to the FDA for tinlarebant, a potential first-in-class treatment for Stargardt disease type 1 (STGD1). This is a critical regulatory milestone, following the initiation of the rolling submission in April 2026. The drug has Breakthrough Therapy Designation, highlighting the significant unmet medical need for STGD1 patients. The FDA will now begin a 60-day review period, after which a PDUFA target action date will be assigned, bringing the company closer to potential market approval and commercialization.

At the time of this filing, BLTE was trading at $138.16 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $5.5B. The 52-week trading range was $56.10 to $200.00. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.

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BLTE - Latest Insights

BLTE
Jun 12, 2026, 9:42 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $138.16
Real-time Price: $138.16 info
Change: $0 (0%) info
Market Cap: $5.538B info
BLTE
May 20, 2026, 6:02 AM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $139.70
Real-time Price: $138.16 info
Change: -$1.54 (-1%) info
Market Cap: $5.538B info
BLTE
May 20, 2026, 6:00 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $139.70
Real-time Price: $138.16 info
Change: -$1.54 (-1%) info
Market Cap: $5.538B info
BLTE
Apr 21, 2026, 4:00 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $165.23
Real-time Price: $138.16 info
Change: -$27.07 (-16%) info
Market Cap: $5.538B info
BLTE
Apr 09, 2026, 4:52 PM EDT
Filing Type: 144
Importance Score:
8
Price at Filing: $181.17
Real-time Price: $138.16 info
Change: -$43.01 (-24%) info
Market Cap: $5.538B info
BLTE
Mar 31, 2026, 8:00 AM EDT
Filing Type: 20-F
Importance Score:
8
Price at Filing: $149.18
Real-time Price: $138.16 info
Change: -$11.02 (-7%) info
Market Cap: $5.538B info
BLTE
Mar 02, 2026, 6:13 AM EST
Source: Reuters
Importance Score:
8
Price at Filing: $190.30
Real-time Price: $138.16 info
Change: -$52.14 (-27%) info
Market Cap: $5.538B info
BLTE
Mar 02, 2026, 6:01 AM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $190.30
Real-time Price: $138.16 info
Change: -$52.14 (-27%) info
Market Cap: $5.538B info
BLTE
Mar 02, 2026, 6:00 AM EST
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $190.30
Real-time Price: $138.16 info
Change: -$52.14 (-27%) info
Market Cap: $5.538B info
BLTE
Jan 27, 2026, 8:00 AM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $165.79
Real-time Price: $138.16 info
Change: -$27.63 (-17%) info
Market Cap: $5.538B info