HUC-2344 is under clinical development by Huons 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 HUC-2344’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.
HUC-2344 overview
HUC-2344 is under development for the treatment of type 2 diabetes. The drug candidate is an incrementally modified drug. It is administered by oral route.
Huons overview
Huons, formerly Kwang Myung Pharmaceutical, develops and manufactures pharmaceutical drugs and medical device solutions. The company offers circulatory system products, metabolic products, anti-inflammatory products, musculoskeletal system products, and digestive system products. It also offers antihistamines, respiratory systems, antibiotics, well-being products, urogenital system products, and others. Huons provides products in various compositions including oral solid form, injection, medical devices, eye drops, and bioproducts. The company exports products to countries in North America, Europe, and Asia. It operates with manufacturing, and research and development facilities in South Korea and China. Huons is headquartered in Seongnam City, Seol, South Korea.
For a complete picture of HUC-2344’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.
