PTM-001 is under clinical development by Phoenicis Therapeutics and currently in Phase II for Hidradenitis Suppurativa. According to GlobalData, Phase II drugs for Hidradenitis Suppurativa have a 44% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. GlobalData’s report assesses how PTM-001’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.
PTM-001 overview
PTM-001 is under development for the treatment of hidradenitis suppurativa. It is administered through oral route. The drug candidate acts by targeting P2X7.
Phoenicis Therapeutics overview
Phoenicis Therapeutics (Phoenicis) develops therapies or treatment options for individuals living with genetic or inherited skin disorders. Phoenicis Therapeutics is headquartered in Hingham, Massachusetts, the US.
For a complete picture of PTM-001’s drug-specific PTSR and LoA scores, buy the report here.
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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.
