Psilocybin is under clinical development by MycoMedica Life Sciences PBC and currently in Phase I for Obsessive-Compulsive Disorder. According to GlobalData, Phase I drugs for Obsessive-Compulsive Disorder does not have sufficient historical data to build an indication benchmark PTSR for Phase I. GlobalData uses proprietary data and analytics to create drugs-specific PTSR and LoA in the Psilocybin LoA Report. 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.

Psilocybin overview

Psilocybin (MLS101) is under development for the treatment of premenstrual dysphoric disorder (PMDD), obsessive compulsive disorder (OCD) and opioid use disorder (OUD). It is administered through oral route in the form of capsule. The drug candidate acts by targeting 5-hydroxytryptamine receptor 1A (5HT1A) and 5-hydroxytryptamine receptor 2A (HTR2A) receptors.

MycoMedica Life Sciences PBC overview

MycoMedica Life Sciences PBC (MycoMedica) is a life sciences company developing fungi-based therapeutic drugs to treat psychiatric and neurological disorders. The company is headquartered in Shelton, Washington, the US.

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

This content was updated on 20 May 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.