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Placebo, extended-release microspheres

Luye Pharma Group Ltd. · Phase 3 active Small molecule ✓ Verified Jun 2026

Placebo, extended-release microspheres is a Small molecule drug developed by Luye Pharma Group Ltd.. It is currently in Phase 3 development.

This drug is a placebo, meaning it has no active therapeutic effect.

Placebo is a type of extended-release microspheres used as a control intervention in clinical trials. It is not a drug with a known mechanism, but rather a neutral treatment used for comparison purposes in studies examining conditions such as tibial meniscus injuries and Parkinson's disease.

Likelihood of approval
58.3% vs 58.3% industry baseline
If approved by FDA: likely 2028–2030
Steps remaining: NDA/BLA submission
Confidence: High
Why this estimate
  • Baseline phase 3 → approval rate +58.3pp
    Industry-wide phase 3 drugs reach approval ~58.3% of the time (BIO/Informa 2023 industry benchmark across all therapeutic areas).
Predicted approval windows by jurisdiction (conditional on FDA approval)
Regulator Country Likely year Lag vs FDA
FDA US 2028–2030
EMA EU 2029–2031 +0.7 yr
MHRA GB 2029–2031 +0.7 yr
Health Canada CA 2029–2032 +0.9 yr
TGA AU 2029–2032 +1.2 yr
PMDA JP 2029–2032 +1.5 yr
NMPA CN 2030–2033 +2.3 yr
MFDS KR 2029–2032 +1.4 yr
CDSCO IN 2029–2033 +1.8 yr
ANVISA BR 2030–2033 +2.3 yr

Hover any row for the lag rationale. Lag estimates are reduced when the drug has FDA Breakthrough or EMA PRIME designation (sponsors file globally in parallel).

Estimate based on the BIO/Informa industry phase transition rates plus per-drug modifiers for therapeutic area, sponsor type, FDA designations, mechanism, and trial design. Per-jurisdiction lags from Tufts CSDD international approval studies. Not investment, clinical or regulatory advice. Methodology: /methodology#likelihood.

At a glance

Generic namePlacebo, extended-release microspheres
SponsorLuye Pharma Group Ltd.
ModalitySmall molecule
PhasePhase 3

Mechanism of action

As a placebo, it does not interact with any biological molecules or systems, and its effects are purely psychological or due to the natural course of the disease.

Approved indications

No approved indications tracked.

Common side effects

No common side effects on file.

Key clinical trials

Primary sources

Every claim on this page is sourced from regulatory or scientific primary sources. See our editorial policy for full methodology.

SourceUsed for
ClinicalTrials.govTrial enrolment, design, endpoints, results

Competitive intelligence

For the full competitive landscape — auto-detected comparators, recent regulatory actions across the set, upcoming PDUFA, patent timeline, sponsor landscape:

Frequently asked questions about Placebo, extended-release microspheres

What is Placebo, extended-release microspheres?

Placebo, extended-release microspheres is a Small molecule drug developed by Luye Pharma Group Ltd..

How does Placebo, extended-release microspheres work?

This drug is a placebo, meaning it has no active therapeutic effect.

Who makes Placebo, extended-release microspheres?

Placebo, extended-release microspheres is developed by Luye Pharma Group Ltd. (see full Luye Pharma Group Ltd. pipeline at /company/luye-pharma-group-ltd).

What development phase is Placebo, extended-release microspheres in?

Placebo, extended-release microspheres is in Phase 3.

Related

Primary sources · FDA · ClinicalTrials.gov · EMA · SEC EDGAR · ChEMBL · Wikidata · full sourcing