PS-001 is under clinical development by Pharmasaga and currently in Phase I for Type 2 Diabetes. According to GlobalData, Phase I drugs for Type 2 Diabetes have a 65% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how PS-001’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.

PS-001 overview

PS-001 is under development for the treatment of type 2 diabetes. The drug candidate is administered by oral route in the form of tablet and acts by targeting PDIA4 (protein disulfide-isomerase A4).

Pharmasaga overview

Pharmasaga is a healthcare product and service provider company. Pharmasaga is headquartered in New Taipei City, Taiwan.

For a complete picture of PS-001’s drug-specific PTSR and LoA scores, buy the report here.

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GlobalData

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.