PBF-1650 is under clinical development by Palo BioFarma and currently in Phase I for Atopic Dermatitis (Atopic Eczema). According to GlobalData, Phase I drugs for Atopic Dermatitis (Atopic Eczema) have an 86% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how PBF-1650’s drug-specific PTSR and Likelihood of Approval (LoA) scores compare to the indication benchmarks. Buy the report here.
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.
PBF-1650 overview
PBF-1650 is under development for the treatment of psoriasis and atopic dermatitis. The drug candidate is administered through oral route in the form of capsule. It acts by targeting adenosine A3 receptor (ADORA3). It was also under development for the treatment of lupus, immune thrombocytopenic purpura, rheumatoid arthritis non-alcoholic steatohepatitis.
Palo BioFarma overview
Palo BioFarma is a Spanish biotechnology company. The scientists with experience in drug discovery in several pharmaceutical companies and mission of the Palobiofarma is to discover new drugs based on the modulation of adenosine receptors. The company is headquartered Mataró, Barcelona, Spain.
For a complete picture of PBF-1650’s drug-specific PTSR and LoA scores, buy the report here.
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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.
