ALX-001 is under clinical development by Allyx Therapeutics and currently in Phase I for Parkinson’s Disease. According to GlobalData, Phase I drugs for Parkinson’s Disease have a 72% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how ALX-001’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.
ALX-001 overview
ALX-001 is under development for the treatment Alzheimer’s disease (AD) and Parkinson’s disease. The drug candidate is silent allosteric modulator (SAM). It acts by targeting mGLUR5. It is administered by oral route.
Allyx Therapeutics overview
Allyx Therapeutics is developing therapeutics for the treatment of neurodegenerative diseases. The company is headquartered in New Haven, Connecticut, the US.
For a complete picture of ALX-001’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.
