LB-54640 is under clinical development by Rhythm Pharmaceuticals and currently in Phase II for Obesity. According to GlobalData, Phase II drugs for Obesity have a 29% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. GlobalData’s report assesses how LB-54640’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.
LB-54640 overview
LB-54640 is under development for the treatment of hypothalamic obesity. It is administered by the oral route. It acts by targeting MC4R.
Rhythm Pharmaceuticals overview
Rhythm Pharmaceuticals is a commercial-stage biopharmaceutical company. It develops therapies for the treatment of rare genetic diseases of obesity due to pro-opiomelanocortin (POMC), proprotein convertase subtilisin and kexin type 1 (PCSK1) and leptin receptor (LEPR) deficiency. The company’s lead drug IMCIVREE (setmelanotide), is a precision medicine to treat hyperphagia and severe obesity caused by rare melanocortin-4 receptor (MC4R) pathway diseases. The company operates in the UK, the UK, Ireland, France, Italy, Canada, and the Netherlands, Spain, among others. Rhythm Pharma is headquartered in Boston, Massachusetts, the US.
For a complete picture of LB-54640’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.
