SBI-100 is under clinical development by Skye Bioscience and currently in Phase II for Ocular Hypertension. According to GlobalData, Phase II drugs for Ocular Hypertension have a 33% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. GlobalData’s report assesses how SBI-100’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.

SBI-100 overview

NB-1111 is under development for the treatment of glaucoma, primary open angle glaucoma and ocular hypertension. It is a nano emulsion formulation administered through intraocular and ophthalmic route. It is a prodrug of tetrahydrocannabinol (THC) developed based on molecular envelope technology (MET). The drug candidate acts by targeting cannabinoid receptors (CB1 and CB2).

Skye Bioscience overview

Skye Bioscience, subsidiary of Emerald Health Sciences Inc, is a life-science and biopharmaceutical and healthcare company. The company product portfolio includes THCVHS, CBDVHS, and Cannabinoid Cocktail products. Its products are in preclinical and research stage. Skye Bioscience CBDVHS product carter’s treatment to eye diseases, such as dry eye syndrome, uveitis, macular degeneration, and diabetic retinopathy. Its lead program, SBI-100, is involved in treating glaucoma disease. The company also develops novel and proprietary classes of product candidates that improve therapeutic options through enhanced chemical engineering and allow drug candidates to predictable bioavailability and pharmacokinetics. It has operations across the US. Skye Bioscience is headquartered in San Diego, California, the US.

For a complete picture of SBI-100’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.