STR-324 is under clinical development by Stragen New Molecules and currently in Phase II for Post-Operative Pain. According to GlobalData, Phase II drugs for Post-Operative Pain have a 53% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. GlobalData’s report assesses how STR-324’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.
STR-324 overview
STR-324 is under development for the treatment of post-operative pain. It is administered through intravenous route as a solution. The drug candidate is a synthetic equivalent of human endogenous DENKI penta peptide. It acts by targeting zinc (Zn)-ectopeptidases, neutral endopeptidase (NEP), aminopeptidase N (AP-N) and is a modulator of enkephalin-dependant opioid pathways. It was also under development for the treatment of depression and neuropathic pain.
For a complete picture of STR-324’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.
