CBAC-02 is under clinical development by CHA Biotech and currently in the Phase II in clinical pathway. The characteristics of the clinical trial as well as other attributes related to the drug, regulations, and company play a fundamental role in ensuring the likelihood of transition that the drug moves from its current development stage to next.
According to GlobalData, the latest event to affect CBAC-02’s likelihood of approval (LoA) and phase transition for Alzheimer’s Disease took place on 25 Nov 2022, which increased the likelihood that the drug progresses to the next phase in its clinical pathway and increased the likelihood of final approval for this indication.
GlobalData uses proprietary data and analytics to provide a complete picture of this assessment in their CBAC-02 Likelihood of Approval (LoA) and Phase Transition Success Rate (PTSR) Report.
CBAC-02 is under development for the treatment of Alzheimer's disease and global cerebral ischemia. The therapy improves neuronal survival and neurogenesis, and prevents memory deficiency. It is administered through intravenous route. MSC is a multipotent stem cell with capacity for self-renewal and differentiation with broad tissue distribution. MSCs derived from placenta (PD-MSCs) possess higher proliferative capacity.
CHA Biotech overview
CHA Biotech, formerly CHA Bio & Diostech, is a biotechnology company that offers cell therapeutics development, bio insurance, cord blood, and stem cell banking solutions. Its R&D pipeline provides research in the therapeutic areas of age-related macular degeneration, intermittent claudication, stroke, Stargardt degeneration, Alzheimer’s disease, disk degeneration and others. CHA Biotech provides a bio-medical complex system that helps in managing cord blood collection, treatment, and transplantation; and also conducts ongoing research on cord blood-based therapeutics for treating incurable diseases using adult stem cells, embryonic stem cells and immune cells. The company also provides hospital IT management services across Japan. CHA Biotech is headquartered in Seongnam, Gyeonggido, South Korea.
Quick View CBAC-02 LOA Data
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