LP-001 is under clinical development by Longbio Pharma (Suzhou) and currently in Phase I for Anemia. According to GlobalData, Phase I drugs for Anemia have an 80% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how LP-001’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.
LP-001 overview
LP-001 is under development for the treatment of myelodysplastic syndrome (MDS) and chronic kidney disease anemia. It is administered through subcutaneous route.
It was also under development for the treatment of blood tumors.
Longbio Pharma (Suzhou) overview
Longbio Pharma (Suzhou) is a biotechnology company focused on developing autoimmune and rare diseases, serving patients and society. The company is headquartered in Shanghai City, Shanghai, China.
For a complete picture of LP-001’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.
