Belite Bio Announces PMDA Submission of Tinlarebant for Stargardt Disease Clinical Trial in Japan
- Positive results from a Phase 2 trial of Tinlarebant in treating Stargardt Disease and Geographic Atrophy.
- Sustained lower atrophic lesion growth in Tinlarebant-treated subjects compared to ProgStar participants.
- 42% of Tinlarebant-treated subjects did not develop atrophic retinal lesions during the 24-month treatment period.
- Completion of enrollment in a pivotal global Phase 3 trial ('DRAGON') with interim data expected in 4Q 2024.
- Orphan Drug Designation granted in Japan for Tinlarebant in the treatment of Stargardt Disease.
- Ongoing global Phase 3 trial ('PHOENIX') for Tinlarebant in Geographic Atrophy.
- None.
Insights
The recent developments in Belite Bio's Tinlarebant trials are noteworthy for several reasons. Firstly, the statistically significant results from the Phase 2 trial in slowing lesion growth in STGD1 patients are a positive indication for the drug's efficacy. This is particularly significant given the current lack of FDA-approved treatments for Stargardt Disease, which can lead to severe vision loss. The potential market for an effective treatment is substantial, as STGD1 is one of the most common forms of inherited juvenile macular degeneration.
Furthermore, the completion of enrollment for the DRAGON Phase 3 trial and the initiation of the DRAGON II trial in Japan signal a strategic move to expand the drug's global reach and address regulatory requirements for different regions. The Orphan Drug Designation in Japan for STGD1 treatment could offer Belite Bio certain benefits, such as reduced fees and additional market exclusivity, which would enhance the drug's commercial potential upon approval. The interim data expected in the fourth quarter of 2024 will be a critical milestone for investors, as it will provide further evidence of the drug's potential impact on disease progression.
Belite Bio’s announcement regarding the progress of Tinlarebant's clinical trials could potentially affect the company's stock market performance. The positive Phase 2 trial results and the progression to a pivotal Phase 3 trial are likely to be viewed favorably by investors, as they reduce the risk profile of the drug's development pathway. The market for treatments in degenerative retinal diseases such as STGD1 and GA is largely untapped, offering a significant opportunity for revenue growth should Tinlarebant gain market approval.
However, it's important to note that the biopharmaceutical industry is highly volatile, with stock prices being particularly sensitive to clinical trial outcomes. While the current news is positive, the ultimate impact on Belite Bio's financial health will depend on the completion of the Phase 3 trials, regulatory approvals and the drug's market performance if approved. Given the long-term nature of drug development, investors should consider both the potential for considerable returns and the inherent risks associated with the clinical trial process.
The landscape for treatments in degenerative retinal diseases is competitive, with several companies aiming to bring novel therapies to market. Tinlarebant's sustained lower atrophic lesion growth in treated subjects positions it as a strong candidate in this space. The drug's performance in the Phase 2 trial suggests it could meet a significant unmet medical need for patients with STGD1 and GA, potentially disrupting the current treatment paradigm.
Belite Bio's strategy to conduct trials across multiple countries, including Japan, indicates an understanding of the importance of a diversified market approach. The designation of Tinlarebant as an Orphan Drug in Japan also points to the company's strategic regulatory planning, which could facilitate a smoother pathway to potential approval and commercialization in a key market. The implications for stakeholders are multifaceted, with potential benefits including increased treatment options for patients and potential drawbacks such as the high costs associated with bringing a new drug to market.
- Tinlarebant is Belite Bio’s orally administered tablet intended to slow disease progression in patients affected with Stargardt Disease (STGD1) and Geographic Atrophy (GA) in advanced Dry Age-related Macular Degeneration (Dry AMD)
- Data from a 24-month Phase 2 trial in adolescent STGD1 subjects showed a sustained lower atrophic lesion growth in Tinlarebant-treated subjects compared to ProgStar participants possessing similar baseline characteristics (aged ≤18 years) (p<0.001)
- In the Phase 2 trial,
42% of Tinlarebant-treated subjects (5 out of 12) did not develop atrophic retinal lesions during the 24-month treatment period - Enrollment of a pivotal global Phase 3 trial of Tinlarebant in adolescent STGD1 subjects (“DRAGON”) has been completed with 104 subjects across 11 countries with interim data expected in 4Q 2024
- Tinlarebant has been granted Orphan Drug Designation in Japan for the treatment of STGD1
- A global Phase 3 trial in GA (“PHOENIX”) is ongoing
SAN DIEGO, March 22, 2024 (GLOBE NEWSWIRE) -- Belite Bio, Inc (NASDAQ: BLTE) (“Belite Bio” or the “Company”), a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announces its submission to the Pharmaceuticals and Medical Devices Agency (PMDA) to initiate a clinical trial of Tinlarebant in adolescent STGD1 in Japan (“DRAGON II”).
The DRAGON II trial is a combination of Phase 1b open-label study to evaluate the pharmacokinetics and pharmacodynamics of Tinlarebant in Japanese adolescent STGD1 subjects and a Phase 2/3, global, multicenter, double-masked, placebo-controlled, randomized study designed to evaluate the efficacy, safety and tolerability of Tinlarebant in adolescent STGD1 subjects. Approximately 60 subjects, aged 12 to 20 years old, including approximately 10 Japanese subjects, are targeted for enrollment in the Phase 2/3 portion of the trial with a 1:1 randomization (tinlarebant:placebo). The data from Japanese subjects is intended to facilitate future NDA applications in Japan.
About Tinlarebant (a/k/a LBS-008)
Tinlarebant is a novel oral therapy that is intended to reduce the accumulation of vitamin A-based toxins (known as bisretinoids) that cause retinal disease in STGD1 and also contribute to disease progression in GA, or advanced Dry AMD. Bisretinoids are by-products of the visual cycle, which is dependent on the supply of vitamin A (retinol) to the eye. Tinlarebant works by reducing and maintaining levels of serum retinol binding protein 4 (RBP4), the sole carrier protein for retinol transport from the liver to the eye. By modulating the amount of retinol entering the eye, Tinlarebant reduces the formation of bisretinoids. Tinlarebant has been granted Fast Track Designation and Rare Pediatric Disease designation in the U.S., and Orphan Drug Designation in the U.S., Europe, and Japan for the treatment of STGD1.
Stargardt Disease (STGD1)
STGD1 is the most common inherited retinal dystrophy (causing blurring or loss of central vision) in both adults and children. The disease is caused by mutations in a retina-specific gene (ABCA4), which results in progressive accumulation of bisretinoids leading to retinal cell death and progressive loss of central vision. The fluorescent properties of bisretinoids and the development of retinal imaging systems have helped ophthalmologists identify and monitor disease progression. Currently, there are no FDA approved treatments for STGD1.
Importantly, STGD1 and GA, or advanced Dry AMD, share a similar pathophysiology, which is characterized by the excessive accumulation of bisretinoids, retinal cell death, and progressive loss of vision. Vision loss occurs slowly, despite peripheral expansion of “dead retina,” until the disease reaches the center of the eye (the macula). Therefore, Belite Bio is evaluating safety and efficacy of Tinlarebant in GA patients in a 2-year Phase 3 study (PHOENIX).
GA in advanced Dry Age-related Macular Degeneration (Dry AMD)
Dry AMD is a leading cause of vision loss in older adults. Geographic Atrophy, or GA, is the advanced stage of AMD. Currently, there are no FDA approved orally administered treatments for GA and no FDA approved therapies for the other stages of Dry AMD other than GA. There are an estimated 20 million AMD patients in the U.S. and over 196 million patients worldwide with an estimated global direct healthcare cost of US
About Belite Bio
Belite Bio is a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting retinal degenerative eye diseases which have significant unmet medical needs such as (i) atrophic age-related macular degeneration (AMD), commonly known as Geographic Atrophy (GA) in advanced dry AMD, and (ii) autosomal recessive Stargardt disease type 1, or STGD1, in addition to specific metabolic diseases. For more information, follow us on Twitter, Instagram, LinkedIn, Facebook or visit us at www.belitebio.com.
Important Cautions Regarding Forward Looking Statements
This press release contains forward-looking statements about future expectations and plans, as well as other statements regarding matters that are not historical facts. These statements include but are not limited to statements regarding the potential implications of clinical data for patients, and Belite Bio’s advancement of, and anticipated preclinical activities, clinical development, regulatory milestones, and commercialization of its product candidates, and any other statements containing the words “expect”, “hope” and similar expressions. Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including but not limited to Belite Bio’s ability to demonstrate the safety and efficacy of its drug candidates; the clinical results for its drug candidates, which may not support further development or regulatory approval; the timing to complete relevant clinical trials and/or to receive the interim/final data of such clinical trials; the content and timing of decisions made by the relevant regulatory authorities regarding regulatory approval of Belite Bio’s drug candidates; the potential efficacy of Tinlarebant, as well as those risks more fully discussed in the “Risk Factors” section in Belite Bio’s filings with the U.S. Securities and Exchange Commission. All forward-looking statements are based on information currently available to Belite Bio, and Belite Bio undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
Media and Investor Relations Contact:
Jennifer Wu /ir@belitebio.com
Julie Fallon / belite@argotpartners.com
FAQ
What is the name of the orally administered tablet developed by Belite Bio for Stargardt Disease and Geographic Atrophy?
What positive results were observed in the Phase 2 trial of Tinlarebant?
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Where has Tinlarebant received Orphan Drug Designation?
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What is the purpose of the submission to the Pharmaceuticals and Medical Devices Agency (PMDA) by Belite Bio?
