Cannabidiol is under clinical development by Avata Biosciences and currently in Phase I for Epilepsy. According to GlobalData, Phase I drugs for Epilepsy have an 84% 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

Cannabidiol (SAP-021) is under development for the treatment of epilepsy, schizophrenia, opioid sparing and psychosis. The drug candidate is administered through oral route in the form of tablet and acts by targeting cannabinoid receptor 1 (CB1) and cannabinoid receptor 2 (CB2). It is being developed based on Veloxe technology platform.

Avata Biosciences overview

Avata Biosciences formerly Sapient Therapeutics Ltd is a biopharmaceutical company developing novel medicines with synthetic cannabinoids for the treatment of epilepsy and neurological diseases. The company is headquartered in London, Greater London, the UK.

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.