Metrics to compare | BLTE | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipBLTEPeersSector | |
|---|---|---|---|---|
P/E Ratio | −66.8x | −2.2x | −0.4x | |
PEG Ratio | 0.78 | −0.20 | 0.00 | |
Price/Book | 7.6x | 1.9x | 2.6x | |
Price / LTM Sales | - | 1.3x | 2.9x | |
Upside (Analyst Target) | 30.7% | 157.8% | 58.0% | |
Fair Value Upside | Unlock | −5.4% | 9.5% | Unlock |
Belite Bio, Inc, a clinical stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics with unmet medical needs in the United States. Its lead product candidate is Tinlarebant (LBS-008), an orally administered, which is in phase 3 clinical trial as an early intervention for maintaining the health and integrity of retinal tissues in stargardt disease type 1 and geographic atrophy patients. The company also develops LBS-009, an retinol binding protein 4 oral therapy, which is in preclinical development targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes, as well as gout. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc operates as a subsidiary of Lin Bioscience International Ltd.