Stealth BioTherapeutics Corp. announced encouraging Phase 1 data on the safety and tolerability of SBT-272, a next- generation small molecule designed to reach therapeutic concentrations in the brain and to restore mitochondrial structure and function. The Company also announced that positive preclinical data demonstrating that treatment with SBT-272 provided neuroprotection of upper motor neurons harboring ALS pathology will be presented at the Northeast Amyotrophic Lateral Sclerosis conference in Clearwater, FL.

The Company recently received Orphan Drug Designation from the US Food and Drug Administration Office of Orphan Products Development for SBT-272 for the treatment of patients with ALS.