Semaglutide is under clinical development by Chia Tai Tianqing Pharmaceutical Group and currently in Phase III for Type 2 Diabetes. According to GlobalData, Phase III drugs for Type 2 Diabetes have a 52% phase transition success rate (PTSR) indication benchmark for progressing into Pre-Registration. GlobalData’s report assesses how Semaglutide’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.

Semaglutide overview

Semaglutide is under development for the treatment of type 2 diabetes. It is administered through subcutaneous route. The therapeutic candidate acts by targeting glucagon like peptide 1 receptor (GLP1R).

Chia Tai Tianqing Pharmaceutical Group overview

Chia Tai Tianqing Pharmaceutical Group (CTTQ) subsidiary of Sino Biopharmaceutical Ltd, is a pharmaceutical company that offers integrated R&D, manufacturing, marketing, sales and distribution services. The company manufacture prescription medicines in various core therapeutic areas, including liver diseases, oncology, respiratory diseases, antibiotics and diabetes. CTTQ produces dosage forms such as freeze-dried powder, large and small volume injections, hard capsules, sheet pills, granules, powders, soft capsules, pills, ointments, creams, pastes, gels, transdermal patches and herbal extracts, and others. It conducts research activities in the areas of anti-tumor, and liver disease. The company operates through its technology and research and development centers in Jiangsu. Its APIs and FDFs are sold to all major continents including Americas, Europe, Asia, and Africa. CTTQ is headquartered in Lianyungang, Nanjing, China.

For a complete picture of Semaglutide’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.