BR-3006 is under clinical development by Boryung Pharmaceutical and currently in Phase I for Type 2 Diabetes. According to GlobalData, Phase I drugs for Type 2 Diabetes have a 65% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how BR-3006’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.
BR-3006 overview
BR-3006 is under development for the treatment of diabetes mellitus. It is administered through oral route.
Boryung Pharmaceutical overview
Boryung Pharmaceutical (Boryung)is a pharmaceutical company. It manufactures and distributes pharmaceutical products including cardiovascular, anticancer and gastrointestinal drugs. The company offers products such as kanarb, kanab plus, dukarb, dukaro, akarb, VCS inj, velkin injection, alimxid injection, effcil injection, oxalitin, neoplatin, EP mycin and AD mycin. Boryung gastrointestinal includes gelfosM for the treatment of hypogastric acidity, heartburn, gastric and duodenal ulcer, gastritis, gastralgia and nausea. The company also provides marketed API along with anti-cancer injection facilities. Boryung is headquartered in Seoul, South Korea.
For a complete picture of BR-3006’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.
