Ortataxel is under clinical development by Spectrum Pharmaceuticals and currently in the Phase II in clinical pathway. The characteristics of the clinical trial as well as other attributes related to the drug, regulations, and company play a fundamental role in ensuring the likelihood of transition that the drug moves from its current development stage to next.
According to GlobalData, the latest event to affect Ortataxel’s likelihood of approval (LoA) and phase transition for Solid Tumor took place on 27 Jun 2022, which decreased the likelihood that the drug progresses to the next phase in its clinical pathway.
GlobalData uses proprietary data and analytics to provide a complete picture of this assessment in their Ortataxel Likelihood of Approval (LoA) and Phase Transition Success Rate (PTSR) Report.
Ortataxel (BAY 59-8862, IDN-5109) is under development for the treatment of taxane-refractory solid tumors. It is a new chemical entity (NCE). The drug candidate is administered through intravenous and oral routes. It is a semi-synthetic taxane acts by targeting tubulin protein. It was also under development for the treatment of advanced renal cell carcinoma, recurrent glioblastoma, metastatic breast cancer, non-small cell lung carcinoma (NSCLC) and non-Hodgkin's lymphoma.
Spectrum Pharmaceuticals overview
Spectrum Pharmaceuticals (Spectrum) is a biopharma company that acquires, develops, and commercializes novel drug candidates for treatment of cancer. The company’s pipeline products include ROLONTIS, for treatment of chemotherapy-induced neutropenia helps to reduce the frequency of multiplication of tumors. This product is in phase 3 trails.; Poziotinib, an irreversible tyrosine kinase inhibitor, for non-small cell lung cancer (NSCLC) tumors with various mutations. This product is in phase 2 trials and lead candidate for the organization. The company has R&D facilities in, Massachusetts and California, the US. The company operates in the US, Europe, Japan, and other countries. Spectrum is headquartered in Henderson, Nevada, the US.
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