Scenario Controls
Milestone Probabilities
Prediction Market Contract
Cumulative Success Path
Regulatory Failure / CRL Path
Active Phase Node
Valuation & Mispricing Analysis
Contract Signal
UNDERVALUED
Market contract trading at 28.0¢ implies a 28.0% probability, underpricing Bayesian clinical fair value of 46.4% by +18.4%.
Obesity/Metabolic Benchmark Context
| Clinical Milestone | Industry Benchmark | Current Model |
|---|---|---|
| Phase 3 Success | 61.5% | 62.0% |
| NDA Acceptance | 88.5% | 88.0% |
| PDUFA Approval | 85.0% | 85.0% |
| Overall Approval | 46.2% | 46.4% |
Trade Synthesis Note