Cannabidiol is under clinical development by Bod Science and currently in Phase I for Anxiety Disorders. According to GlobalData, Phase I drugs for Anxiety Disorders have a 68% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how Cannabidiol’s drug-specific PTSR and Likelihood of Approval (LoA) scores compare to the indication benchmarks. Buy the report here.
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GlobalData tracks drug-specific phase transition and likelihood of approval scores, in addition to indication benchmarks based off 18 years of historical drug development data. Attributes of the drug, company and its clinical trials play a fundamental role in drug-specific PTSR and likelihood of approval.
Cannabidiol overview
Xativa is under development for the treatment of inflammation condition, anxiety and movement disorders like tremor, insomnia and pain. It is formulated as a wafer and administered through sublingual route. The drug candidate is being developed based on the WaferiX sublingual technology. The drug candidate is a cannabidiol product which acts by targeting cannabinoid receptor 1 and cannabinoid receptor 2.
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It was also under development for the treatment of epilepsy, multiple sclerosis, pain, post chemotherapy nausea and vomiting.
Bod Science overview
Bod Science, formerly BOD Australia Limited, is a drug development and cannabidiol product innovation company. It is a manufacturer, distributor, and marketer of health and skincare products. The company distributes its products through multi-channel network of partner retailers including the spa industry, department stores and specialty retailers, online, TVSN (Home shopping Network), pharmacies and naturopathy and natural health providers. It exports healthcare and medical products to Australia, UK, US, Netherlands, and Italy. Bod Science is headquartered in New South Wales, Australia.
For a complete picture of Cannabidiol’s drug-specific PTSR and LoA scores, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Likelihood of Approval analytics tool dynamically assesses and predicts how likely a drug will move to the next stage in clinical development (PTSR), as well as how likely the drug will be approved (LoA). This is based on a combination of machine learning and a proprietary algorithm to process data points from various databases found on GlobalData’s Pharmaceutical Intelligence Center.
