MPT-0E028 is under clinical development by Formosa Pharmaceuticals and currently in Phase I for Solid Tumor. According to GlobalData, Phase I drugs for Solid Tumor have a 70% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how MPT-0E028’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.

MPT-0E028 overview

MPT-0E028 is under development for the treatment of solid tumors including colorectal cancer, hepatic cancer, pancreatic cancer, non-small cell lung cancer and lymphoma, leukemias. It is administered orally. The drug candidate acts by targeting histone deacetylase.

Formosa Pharmaceuticals overview

Formosa Pharmaceuticals is a biopharmaceutical company. It utilizes nanoparticle technology platform to develop drugs for indications of ophthalmology, oncology, and anti-infectives. The company’s product pipeline includes APP13007 drug candidate to treat inflammation and pain after ocular surgery; TSY-0110, a biosimilar of antibody-drug conjugate, ado-trastuzumab emtansine (Kadcyla) for breast cancer; and TSY-0210 for novel disease applications. Formosa Pharmaceuticals is also developing APP13002 to treat infectious eye diseases; and MPT0E028 for treatment of oncology and fibrosis. The company develops and commercializes drugs in collaboration with AimMax Therapeutics, Taipei Medical University, Eyenovia, and CGE Healthcare, among others. Formosa Pharmaceuticals is headquartered in Taipei, Taiwan.

For a complete picture of MPT-0E028’s drug-specific PTSR and LoA scores, buy the report here.

This content was updated on 10 June 2024

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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.