Tegavivint is under clinical development by Iterion Therapeutics and currently in Phase II for Benign Tumor. According to GlobalData, Phase II drugs for Benign Tumor have a 67% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. GlobalData’s report assesses how Tegavivint’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.

Tegavivint overview

Tegavivint (BC-2059) is under development for the treatment of desmoid tumors, metastatic epidermal growth factor receptor (EGFR)-positive non-small cell lung cancer (NSCLC), acute myelocytic leukemia, multiple myeloma, solid tumors including osteosarcoma, r/r non-Hodgkin lymphoma and desmoid tumors, Ewing sarcoma, liver tumors (hepatocellular carcinoma [HCC] and hepatoblastoma), osteosarcoma, Wilms tumor, acute myeloid leukemia, colorectal cancer and idiopathic pulmonary fibrosis. The drug candidate is administered through oral and intravenous route. It is a small molecule anthraquinone oxime-analog. It acts by targeting transducin beta-like protein 1. It was also under development for cancer, pancreatic cancer, ovarian cancer, chronic myelocytic leukemia (CML, Chronic Myeloid Leukemia), myelodysplastic syndrome.

Iterion Therapeutics overview

Iterion Therapeutics is a venture-backed, clinical stage biotechnology company developing novel targeted cancer therapeutics. The company is headquartered in Houston, Texas, the US.

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

GlobalData

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 its clinical pathway (PTSR), as well as how likely the drug will be approved (LoA). This is based on a proprietary algorithm built from the drugs’ sales forecast, regulatory milestones, cost forecasts, WACC rate and other proprietary data sources found on GlobalData’s Pharmaceutical Intelligence Center.