AVN-322 is under clinical development by Avineuro Pharmaceuticals and currently in Phase I for Cognitive Disorders. According to GlobalData, Phase I drugs for Cognitive Disorders have a 70% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how AVN-322’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.
AVN-322 overview
AVN-322 is under development for the treatment of cognitive dysfunction. It is a small molecule administered through oral route. The drug candidate acts by targeting serotonin 5-HT6 receptor. It is developed based on the selective 5-HT6 receptor antagonist platform. It was also under development for the treatment of Alzheimer's disease.
Avineuro Pharmaceuticals overview
Avineuro Pharmaceuticals (Avineuro), a subsidiary of ChemRar High-Tech Center, discovers and develops novel small molecules for unmet medical needs in neurology and psychiatry. It develops novel molecules with pharmacokinetic properties in comparison to late-stage development compounds. The company emphasizes an approach that combines modern medical chemistry and pre-clinical and clinical development studies. Avineuro’s pipeline products include AVN-211 for schizophrenia, AVN-322 for cognitive dysfunction, AVN-101 for anxiety disorders and others. The company develops research platforms through strategic partnerships with medical research institutions and contract research organizations. Avineuro is headquartered in Hallandale Beach, Florida, the US.
For a complete picture of AVN-322’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.
