CNTX-6016 is under clinical development by Centrexion Therapeutics and currently in Phase I for Diabetic Neuropathic Pain. According to GlobalData, Phase I drugs for Diabetic Neuropathic Pain have a 94% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how CNTX-6016’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.
CNTX-6016 overview
CNTX-6016 is under development for the treatment of neuropathic pain, painful diabetic neuropathy. It is a piperidine-based moiety. The drug candidate acts by targeting the cannabinoid receptor 2 (CB2). It is administered through oral route.
Centrexion Therapeutics overview
Centrexion Therapeutics is a clinical-stage biopharmaceutical company. It identifies, develops and commercializes novel, non-opioid and non-addictive therapies for the treatment of chronic pain. The company’s pipeline products include CNTX-4975, CNTX- 0290, CNTX-6970, CNTX-2022, and CNTX-6016 which are related to the treatment of human osteoarthritis pain, inflammatory pain, superficial pain, chronic, neuropathic pain and other pains. Centrexion Therapeutics develops drugs in the form of topical gel, joint or deeper tissue injection, spinal delivery and three separate oral therapies. The company works in partnership with other companies in the field of big data analytics and artificial intelligence to advance its pipeline products. Centrexion Therapeutics is headquartered in Boston, Massachusetts, the US.
For a complete picture of CNTX-6016’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.
