Phase I

Rare & Genetic

pain 35#54volume 397#55

Pain rank 54 of 76, volume rank 55 of 76 by industry trials. Trials here amend about 0.8x and fail enrollment about 1.0x the map median.

What this is worth

The amendment proxy, priced. Order of magnitude, anchor cited, assumptions on the table.

Per 100 industry trials in this cell, about 32 rewrite their eligibility criteria at least once. At the industry average of $450k direct cost per amendment, with the 6+ weeks of delay each not even counted, that is at least $14M at stake per 100 trials. Across the roughly 397 industry trials here, the floor is $57M.

If amendments fell by10%$6M30%$17M50%$28M

Assumes $450k direct cost per amendment (industry average; Phase II median runs lower, Phase III higher, and delay cost is excluded), applied to the proxy rate. The proxy counts only trials with at least one eligibility change, so this understates the true exposure. How this is derived.

The signals

Industry sponsors first, since that is the commercial buyer, each figure shown against the map median. All-sponsor figures follow. A trial counts as concluded once it has finished, whether completed, terminated or withdrawn.

Industry sponsors35pain index
Eligibility amendments
32%vs map 40%proxyn = 41sampled
Enrollment failure
14%vs map 13%n = 333concluded
Startup lag
37 dvs map 45.5 dn = 237with dates
Median duration
10.0 mon = 392completed
All sponsors41pain index
Eligibility amendments
30%proxyn = 86sampled
Enrollment failure
16%n = 597concluded
Startup lag
57 dn = 420with dates
Median duration
18.7 mon = 745completed
Why these trials stoppedsponsor decision leads

The most common category here is sponsor decision (17 of 45 stopped). A keyword pass runs first; free text it could not place was sorted once by a frozen AI classification into these same categories, auditable rather than a live model. "No enrollment recorded (inferred)" is not a stated reason: it is read from a zero enrollment count, meaning the trial never enrolled anyone. "Not reported" means the sponsor left the field blank, shown rather than hidden.

Sponsor decision17 (38%)
Low accrual9 (20%)
Not reported4 (9%)
Logistics or operations4 (9%)
Safety or tolerability3 (7%)
External or regulatory2 (4%)
Business or funding2 (4%)
Technical or device issue1 (2%)
Completed or objective met1 (2%)
Feasibility or operational failure1 (2%)
Superseded by another study1 (2%)
n = 45terminated or withdrawn
Evidence12 trials

A sample of terminated or withdrawn trials in this cell. Each links to its ClinicalTrials.gov record.

TrialSponsorStatusStated reason
NCT07255846Terremoto Biosciences Inc.withdrawnLow accrual
NCT06747273Sarepta Therapeutics, Inc.terminatedSponsor decision
NCT06681766Larimar Therapeutics, Inc.terminatedLow accrual
NCT06597656Sarepta Therapeutics, Inc.terminatedSponsor decision
NCT06241950Sarepta Therapeutics, Inc.terminatedSponsor decision
NCT05906251Sarepta Therapeutics, Inc.terminatedSponsor decision
NCT05813314BioMarin PharmaceuticalterminatedSafety or tolerability
NCT05692908Sorrento Therapeutics, Inc.withdrawnBusiness or funding
NCT05238324Homology Medicines, IncwithdrawnSponsor decision
NCT05222178Homology Medicines, IncterminatedSponsor decision
NCT05160558BiogenterminatedSponsor decision
NCT05095246Krystal Biotech, Inc.withdrawnLow accrual

Rare & Genetic at other phases