Stealth Bio Files US Application For Ultra Rare Genetic Disease Candidate


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • Stealth BioTherapeutics Corp (NASDAQ:MITO) has submitted an elamipretide marketing application to the FDA for Barth syndrome.
  • The submission is based on results from the SPIBA-001 Phase 3 Retrospective Natural History Control Trial, which compared data from the TAZPOWER Phase 2/3 trial's open-label portion to match natural history controls. 
  • SPIBA-001 met its primary and most secondary endpoints, demonstrating elamipretide-mediated improvements in exercise tolerance, strength, and cardiac function assessments.
  • Barth syndrome is an ultra-rare genetic condition characterized by cardiac abnormalities often leading to heart failure and reduced life expectancy, recurrent infections, muscle weakness, and delayed growth. 
  • Related content: Benzinga's Full FDA Calendar
  • Yesterday, the United States Patent and Trademark Office issued patents covering elamipretide for Barth syndrome and Barth syndrome-related cardiomyopathy until February 2034.
  • Price Action: MITO stock is up 3.42% at $1.21 during the premarket session on the last check Tuesday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: BiotechNewsPenny StocksHealth CareFDAGeneralBriefsGenetic Disorder