Ozempic is under clinical development by Novo Nordisk and currently in the Phase II and Phase III 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 Ozempic’s likelihood of approval (LoA) and phase transition for Liver Cirrhosis took place on 03 Oct 2022, which increased 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 Ozempic Likelihood of Approval (LoA) and Phase Transition Success Rate (PTSR) Report.
Semaglutide (Ozempic / NN-9535 / NN-9931) is a derivative acts as an anti-diabetic agent. It is formulated as injectable solution for subcutaneous route of administration. Ozempic is indicated as an adjunct to diet and exercise to improve glycaemic control in adults with type 2 diabetes mellitus. The drug is based on protein acylation technology which is a protein engineering technology.
It is under development for the treatment of type 2 diabetes and chronic kidney disease, peripheral arterial disease, non-alcoholic steatohepatitis and liver cirrhosis. It is administered through oral route.
Novo Nordisk overview
Novo Nordisk, a subsidiary of Novo Holdings AS, is a healthcare company focused on discovering, developing, and manufacturing of innovative biological medicines. It focuses on advancing drugs for the treatment of diabetes and other serious chronic conditions, including hemophilia, human growth hormone (HGH) disorders, and obesity. The company’s portfolio includes pre-filled delivery systems for insulin; glucagon hypokit; cartridge; needles; vials; insulin; estradiol for hormone replacement; recombinant drugs for hemophilia; glucagon; and oral antidiabetic agents. the company markets its products through subsidiaries in North America, Europe, Asia, Latin America, Africa, the Middle East and Australia. Novo Nordisk is headquartered in Bagsvaerd, Denmark.
Quick View Ozempic LOA Data
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