Abstract:
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Data-driven decision-making plays a key role in drug development. One important decision-making tool is the probability of trial Success (POS), which estimates the likelihood of a successful trial in the future. In this project, we aim to i) improve POS assessment based on information from a surrogate endpoint or historical data from multiple trials; ii) provide improved and bias-adjusted treatment effect estimate for phase 2 study results. First, we consider POS calculation based on Phase 2 data from the same endpoint. Second, we extend the method to incorporate a surrogate endpoint. Third, we use Bayesian meta-analytic approach to incorporate information from multiple historical studies to help improve treatment effect estimation and POS assessment. Furthermore, we outline a unified Bayesian framework for POS assessment, which can potentially incorporate multiple endpoints, multiple studies with multi-arm/dose, and multiple compounds. We illustrate POS assessment using a few examples from oncology and immunology studies. In addition, we also developed software packages for study teams to use.
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