RioMSK-001 is under clinical development by Rion and currently in Phase I for Osteoarthritis. According to GlobalData, Phase I drugs for Osteoarthritis have an 84% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData’s report assesses how RioMSK-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.
RioMSK-001 overview
RioMSK-001 is under development for the treatment of osteoarthritis. The drug candidate comprises of exosomes and being developed based on Purified Exosome Product (PEP) technology.
Rion overview
Rion is a clinical-stage biotechnology company. It focuses on developing exosome therapies. The company’s product pipeline includes therapies for the treatment of acute myocardial infarction, female stress urinary incontinence, musculoskeletal and wound healing. It develops Purified Exosome Product (PEP), an innovative biologic platform that optimizes the therapeutic power of exosomes for regenerative medicine. Rion is headquartered in Rochester, Minnesota, the US.
For a complete picture of RioMSK-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.
