RNK-05047 is under clinical development by Ranok Therapeutics and currently in Phase II for Solid Tumor. According to GlobalData, Phase II drugs for Solid Tumor have a 10% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. GlobalData’s report assesses how RNK-05047’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.
RNK-05047 is under development for the treatment of advanced solid tumor cancers and diffuse large B-cell lymphoma. It is acts by targeting BRD4 protein. It is developed based on chaperone-mediated protein degradation/degrader (CHAMP) technology. It is administered through intravenous route.
Ranok Therapeutics overview
Ranok Therapeutics is a pharmaceuticals company focuseing on patients suffering from cancer and other serious diseases. Ranok Therapeutics is headquartered in Hangzhou, Zhejiang, China.
For a complete picture of RNK-05047’s drug-specific PTSR and LoA scores, buy the report here.