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.

Metastatic Biliary Tract Cancer overview

Metastatic biliary tract cancer, originating from bile duct cells, spreads to distant areas like the liver, lymph nodes, or lungs. Symptoms, like jaundice and abdominal pain, manifest late. Diagnosis entails imaging scans and biopsies. Treatment focuses on palliative care to alleviate symptoms and prolong life, employing chemotherapy, targeted therapies, or immunotherapy. Prognosis remains guarded due to advanced stage upon diagnosis and limited therapeutic options, often leading to a shorter life expectancy. Clinical trials explore innovative treatments, but metastatic biliary tract cancer poses a significant challenge, emphasizing the importance of symptom management and supportive care to enhance patients’ quality of life.

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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.