Ustekinumab biosimilar is under clinical development by Rani Therapeutics and currently in Phase I for Psoriasis. According to GlobalData, Phase I drugs for Psoriasis have a 77% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how Ustekinumab biosimilar’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.

Ustekinumab biosimilar overview

Ustekinumab biosimilar is under development for the treatment of psoriasis, psoriatic arthritis, ulcerative colitis, crohn’s disease. The drug candidate is an human IgG1kappa monoclonal antibody. It is administered through oral route in the form of capsule. It acts by targeting the p40 subunit of the cytokines IL-12 and IL-23. It is being developed based on RaniPill platform.

Rani Therapeutics overview

Rani Therapeutics, a subsidiary of Rani Therapeutics Holdings Inc, is a clinical-stage biotherapeutics company. It has developed a technology for the oral delivery of biologics. The company’s pipeline products include RT-101, RT-102, RT-105, RT-110 and RT-111. Its product’s therapeutic areas include neuroendocrine tumors (NETs), acromegaly, osteoporosis, psoriatic arthritis, hypoparathyroidism and psoriasis. The company conducts research to develop its approach and technology through collaborations with life sciences laboratories. Its technology has the potential to transform the RaniPill capsule injecting the drug into the intestinal wall. Rani Therapeutics is headquartered in San Jose, California, the US.

For a complete picture of Ustekinumab biosimilar’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.