TR-8 is under clinical development by Trio Medicines and currently in Phase I for Multiple Sclerosis. According to GlobalData, Phase I drugs for Multiple Sclerosis have a 73% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how TR-8’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.
TR-8 overview
TR-8 is under development for the treatment of Crohn's disease and multiple sclerosis. It acts by targeting formyl peptide receptor2 (FPR2). The drug candidate is an anti-inflammatory protein.
Trio Medicines overview
Trio Medicines operates in pharmaceutical and healthcare industry. It operates as a subsidiary of Hammersmith Medicines Research Ltd and is headquartered in United Kingdom.
For a complete picture of TR-8’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.
