Phase III

Respiratory

pain 50#40volume 1,136#20

Pain rank 40 of 76, volume rank 20 of 76 by industry trials. Trials here amend about 1.4x and fail enrollment about 0.7x 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 57 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 $26M at stake per 100 trials. Across the roughly 1,136 industry trials here, the floor is $289M.

If amendments fell by10%$29M30%$87M50%$144M

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 A trial counts as concluded once it has finished, whether completed, terminated or withdrawn.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 sponsors50pain index
Eligibility amendments
57%vs map 40%proxyn = 46sampled
Enrollment failure
10%vs map 13%n = 986concluded
Startup lag
42 dvs map 45.5 dn = 591with dates
Median duration
18.4 mon = 1,065completed
All sponsors50pain index
Eligibility amendments
49%proxyn = 88sampled
Enrollment failure
14%n = 1,475concluded
Startup lag
57 dn = 946with dates
Median duration
22.0 mon = 1,712completed
Why these trials stoppedsponsor decision leads

The most common category here is sponsor decision (28 of 99 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 decision28 (28%)
Not reported16 (16%)
Efficacy or futility14 (14%)
No enrollment recorded (inferred)inferred10 (10%)
Low accrual9 (9%)
Safety or tolerability9 (9%)
External or regulatory4 (4%)
Superseded by another study3 (3%)
Technical or device issue2 (2%)
Logistics or operations2 (2%)
Completed or objective met1 (1%)
Business or funding1 (1%)
n = 99terminated or withdrawn
Evidence12 trials

A sample of terminated or withdrawn trials in this cell.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

TrialSponsorStatusStated reason
NCT07223294SandozwithdrawnSponsor decision
NCT06388889Areteia TherapeuticsterminatedSponsor decision
NCT05813288Areteia TherapeuticsterminatedSponsor decision
NCT05763121Areteia TherapeuticsterminatedSponsor decision
NCT05735431Eurofarma Laboratorios S.A.withdrawnSponsor decision
NCT05398263AstraZenecaterminatedLow accrual
NCT05327803AN2 Therapeutics, IncterminatedEfficacy or futility
NCT05292976Aurobindo Pharma LtdwithdrawnSponsor decision
NCT05242432Janssen Pharmaceutical K.K.terminatedSafety or tolerability
NCT05171075Anthos Therapeutics, Inc.terminatedSponsor decision
NCT05171049Anthos Therapeutics, Inc.terminatedSponsor decision
NCT04636814Chiesi Farmaceutici S.p.A.terminatedSafety or tolerability

Respiratory at other phases