If things continue working as they have to this point, Stealth BioTherapeutics may launch a pivotal trial in 2016 that could obtain approval for one drug in roughly 270 very rare diseases, all of which feature the underlying cause of mitochondrial dysfunction.
Stealth, which has raised $225 million over multiple rounds of private funding led by Morningside Ventures, has a pair of novel small molecule candidates in mid-stage clinical development – Bendavia and Ocuvia – both of which address disease states in which mitochondria become swollen and bloated, resulting in dysfunction
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