Nitric oxide is under clinical development by SaNOtize Research and Development and currently in Phase II for Rhinosinusitis. According to GlobalData, Phase II drugs for Rhinosinusitis have a 59% phase transition success rate (PTSR) indication benchmark for progressing into Phase III. GlobalData’s report assesses how Nitric oxide’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.
Nitric oxide overview
Nitric oxide (FabiSpray) is a free radical which acts as a bronchodilator agent. It is formulated as spray for inhalational route of administation. FabiSpray is indicated for the treatment of adult patients with COVID-19 who have high risk of progression of the disease.
SaNOtize Research and Development overview
SaNOtize Research and Development (Sanotize) is a biotechnology company focusing on nitric oxide releasing solution platform technology to treat and prevent microbial infections, including drug resistant microbes. Sanotize is headquartered in Vancouver, British Columbia, Canada.
For a complete picture of Nitric oxide’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.
