CartiLife is under clinical development by Biosolution and currently in Phase III for Articular Cartilage Defect. According to GlobalData, Phase III drugs for Articular Cartilage Defect have a 33% phase transition success rate (PTSR) indication benchmark for progressing into Pre-Registration. GlobalData’s report assesses how CartiLife’s drug-specific PTSR and Likelihood of Approval (LoA) scores compare to the indication benchmarks. Buy the report here.

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.

CartiLife overview

CartiLife is under development for the treatment of articular cartilage defects. The drug candidate comprises of pellet-type extracellular matrix-associated autologous chondrocytes.

Biosolution overview

Biosolution is a developer, manufacturer and supplier of cell therapy products. The company’s product portfolio comprises skin target products, articular cartilage target products and anticancer drug products. It also offers epithelial models and organoid models of skin, cornea, oral mucosa and bronchial mucosa. The company also provides laboratory services such as medium-high throughput sequencing, analysis of DNA fragments for clinical research applications, gene expression application analysis, identification of genetic material and paternity testing, identification of bacteria, fungi and other microorganisms and absolute quantification of gene expression among others. Biosolution is headquartered in Seoul, South Korea

For a complete picture of CartiLife’s drug-specific PTSR and LoA scores, buy the report here.

This content was updated on 10 June 2024

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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.