Belite Bio to Present at Investor Conference

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: 5 days ago

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BLTE-1.94%

Should l Buy BLTE?

Source: Globenewswire

New Drug Application Progress: Belite Bio initiated the rolling submission of a New Drug Application for tinlarebant targeting Stargardt disease type 1 on April 21, 2026, following Phase 3 DRAGON trial results showing a 35.7% reduction in retinal lesion growth, which not only offers new hope for patients but also enhances the company's competitiveness in the ophthalmic drug market.
Clinical Trial Update: The company has completed enrollment in the Phase 2/3 DRAGON II trial for Stargardt disease type 1, marking a significant advancement in the clinical development of tinlarebant, which is expected to lay the groundwork for future market launch.
Successful Financing: Belite Bio completed a $402 million underwritten public offering, with funds allocated for the commercialization of tinlarebant and pipeline expansion, a move that not only strengthens the company's financial position but also provides ample funding for future R&D efforts.
Investor Conference Arrangement: Chief Medical Officer Dr. Hendrick Scholl will present at the Deutsche Bank American Depositary Receipt Virtual Investor Conference on April 28, 2026, which is expected to attract investor attention and enhance the company's visibility in the capital markets.

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Analyst Views on BLTE

Wall Street analysts forecast BLTE stock price to rise

7 Analyst Rating

7 Buy

0 Hold

0 Sell

Strong Buy

Current: 161.260

Low

154.00

Averages

186.57

High

200.00

Current: 161.260

Low

154.00

Averages

186.57

High

200.00

Morgan Stanley

Judah Frommer

Overweight

maintain

$191 -> $201

2026-03-03

Reason

Morgan Stanley

Judah Frommer

Price Target

$191 -> $201

AI Analysis

2026-03-03

maintain

Overweight

Reason

Morgan Stanley analyst Judah Frommer raised the firm's price target on Belite Bio to $201 from $191 and keeps an Overweight rating on the shares. The company's Q4 update included narrowing timing for expected tinlarebant NDA submission to the FDA to Q2 and management reiterated expectations for a broad label, the analyst tells investors.

Cantor Fitzgerald

NULL -> Overweight

maintain

$200 -> $266

2026-03-03

Reason

Cantor Fitzgerald

Price Target

$200 -> $266

2026-03-03

maintain

NULL -> Overweight

Reason

Cantor Fitzgerald raised the firm's price target on Belite Bio to $266 from $200 and keeps an Overweight rating on the shares. Recent commentary suggested a possibility of a much higher WAC than the $200K/year the firm was modeling, the analyst tells investors in a research note.

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About BLTE

Belite Bio, Inc is a clinical-stage biopharmaceutical drug development company. The Company is focused on advancing novel therapeutics targeting retinal degenerative eye disease, such as Geographic Atrophy (GA), age-related macular degeneration (AMD), and Stargardt disease type 1 (STGD1), both of which progressively lead to permanent blindness, and metabolic diseases such as non-alcoholic fatty liver disease (NAFLD), non-alcoholic steatohepatitis (NASH), type 2 diabetes (T2D), and gout. Its lead product candidate, Tinlarebant, is an oral daily treatment for STGD1 and GA patients. In STGD1, it is developing Tinlarebant as a once-a-day tablet treatment to target Retinol binding protein 4 (RBP4) by disrupting vitamin A (retinol) binding to RBP4, which leads to reduced delivery of retinol to the eye and reduced accumulation of toxic vitamin A by-products. Its product candidate also includes LBS-009, an anti-RBP4 oral therapy targeting liver disease, including NAFLD, NASH, and T2D.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Deutsche Bank to Host Depositary Receipts Investor Conference

4 days agoGlobenewswire

Conference Details: Deutsche Bank is set to host the Depositary Receipts Virtual Investor Conference on April 28, 2026, featuring live presentations from international companies based in Australia, China, Hong Kong, Portugal, Netherlands, Cayman Islands, and France, aimed at attracting a diverse range of investors and analysts.
Participating Companies: The agenda includes presentations from Lotus Technology Inc., Viomi Technology Co., Ltd, and Belite Bio, Inc., showcasing Deutsche Bank's expertise in managing cross-border equity structures, which is expected to enhance its influence in the global market.
Participation Fee: The conference is free for participants, with pre-registration suggested, reflecting Deutsche Bank's commitment to providing convenient services for investors and further solidifying its leadership in investor relations management.
Service Range: Deutsche Bank specializes not only in the administration of depositary receipts but also offers a wide array of financial services, including complex securitizations, project financing, and debt restructuring, demonstrating its comprehensive strength in the global financial services market.