ST-266 is under clinical development by Noveome Biotherapeutics and currently in Phase II for Necrotizing Enterocolitis. According to GlobalData, Phase II drugs for Necrotizing Enterocolitis does not have sufficient historical data to build an indication benchmark PTSR for Phase II. GlobalData uses proprietary data and analytics to create drugs-specific PTSR and LoA in the ST-266 LoA Report. 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.
ST-266 overview
ST-266 is under development for the treatment of optic neuritis, the most common presenting sign of multiple sclerosis (MS), necrotizing enterocolitis, cataract surgery complications (ophthalmology), diabetic retinopathy, glaucoma, cytokine storm (CS) in patients caused by the coronavirus disease (COVID-19), age-related macular degeneration (AMD), traumatic brain injury, sepsis. The drug candidate is administered through ophthalmic, topical, intraocular, buccal, nasal and lingual routes of administration. It is an amniotic membrane derived cellular cytokine solution (ACCS). It is developed based on a proprietary technology platform derived from human placental cells.
It was under development for the treatment of ocular hypertension, radiation-induced dermatitis, diabetic macular edema, dry eye syndrome, periodontitis, erythema,Trigeminal Neuralgia (Tic Douloureux), chronic traumatic encephalopathy (CTE), deep burns (diabetic subjects), and partial thickness burns (non-diabetics subjects), gingivitis, allergic conjunctivitis, emphysema, trauma, persistent corneal epithelial defects and optic nerve/retinal diseases,
Noveome Biotherapeutics overview
Noveome Biotherapeutics formerly Stemnion, is a biopharmaceutical company advancing ST266, a multi-targeted secretome containing biologically active proteins and other factors crucial to neuroprotection, the modulation of inflammation, cell recovery and healing. Noveome Biotherapeutics is headquartered in Pittsburgh, Pennsylvania, the US.
For a complete picture of ST-266’s drug-specific PTSR and LoA scores, buy the report here.
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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.
