RioCard-001 is under clinical development by Rion and currently in Phase II for Myocardial Infarction. According to GlobalData, Phase II drugs for Myocardial Infarction have a 44% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. GlobalData’s report assesses how RioCard-001’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.

RioCard-001 overview

RioCard-001 is under development for the treatment of acute myocardial infarction. It is administered through intra-arterial route. The therapeutic candidate comprises of purified exosome product (PEP).

Rion overview

Rion is a clinical-stage biotechnology company. It focuses on developing exosome therapies. The company’s product pipeline includes therapies for the treatment of acute myocardial infarction, female stress urinary incontinence, musculoskeletal and wound healing. It develops Purified Exosome Product (PEP), an innovative biologic platform that optimizes the therapeutic power of exosomes for regenerative medicine. Rion is headquartered in Rochester, Minnesota, the US.

For a complete picture of RioCard-001’s drug-specific PTSR and LoA scores, buy the report here.

This content was updated on 10 June 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.