FDA Calendar

Updated daily, the FDA calendar gives you insight into FDA actions on companies and upcoming actions the FDA is expected to take. Benzinga's FDA calendar shows historical FDA data, upcoming dates that companies will be impacted by the FDA and ranges of dates.

Exact Dates

Estimated Dates

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KYMRKymera Therapeutics Inc
KT-474
Hidradenitis Suppurativa or Atopic Dermatitis (AD)
Phase 207/08/2024
5:29 PM
Efficacy and Safety Data

Kymera Therapeutics, announced that following a review of preliminary KT-474 safety and efficacy data by an Independent Data Review Committee, Sanofi has informed Kymera that it intends to expand the ongoing Hidradenitis Suppurativa (HS) and Atopic Dermatitis (AD) Phase 2 trials to more rapidly progress towards pivotal studies.

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IMMXImmix Biopharma, Inc.
NXC-201
NXC-201 (formerly HBI0101) is a BCMA-targeted investigational chimeric antigen receptor T (CAR-T) cell therapy that is being studied in a comprehensive clinical development program for the treatment of patients with relapsed or refractory multiple myeloma and AL amyloidosis.
07/08/2024
5:22 PM
Dose Update

Immix Biopharma, Inc announced that the 1st patient has been dosed at MSKCC in its U.S. NEXICART-2 trial with NXC-201, a sterically-optimized BCMA-targeted CAR-T cell therapy..

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HLVXHilleVax Inc
NEST-IN1
In infants for a norovirus vaccine candidate
Phase 2b07/08/2024
8:53 AM
Top-line data

HilleVax, Inc announced topline data results from NEST-IN1. NEST-IN1 is a Phase 2b, randomized, double-blind, placebo-controlled clinical trial to evaluate the efficacy, safety, and immunogenicity of HIL-214 in infants of approximately 5 months of age at the time of initial vaccination at sites in the United States and Latin America.

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SILOSILO Pharma Inc
SPC-15
Treatment for PTSD
07/08/2024
8:50 AM
Regulatory Update

Silo Pharma, Inc. announced that it has entered into an exclusive, global license agreement with Columbia University to further develop, manufacture, and commercialize its lead drug candidate, SPC-15, an intranasal treatment for stress-induced affective disorders and PTSD.

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SLSSELLAS Life Sciences Group Inc
SLS009
For Treatment of Acute Myeloid Leukemia
Orphan Drug Designation07/08/2024
8:50 AM
Designation Grant

SELLAS Life Sciences Group, Inc. announced that the European Commission, based on a positive opinion issued by the European Medicines Agency (EMA), has granted Orphan Drug Designation (ODD) for SLS009, a novel, and highly selective CDK9 inhibitor, for the treatment of acute myeloid leukemia (AML).

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MIRMMirum Pharmaceuticals Inc
Maralixibat
Alagille Syndrome
European Commission Marketing Authorization07/08/2024
8:48 AM
Regulatory Update

Mirum Pharmaceuticals, Inc announced that the European Commission has granted marketing authorization for LIVMARLI® (maralixibat) oral solution for the treatment of progressive familial intrahepatic cholestasis (PFIC) in patients three months of age and older.

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MBOTMicrobot Medical Inc
LIBERTY® Robotic Surgical System
Device
07/08/2024
8:47 AM
Provided Update

Microbot Medical Inc. announced the completion of the first procedure in a patient utilizing its LIBERTY® Endovascular Robotic Surgical System.

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OTLKOutlook Therapeutics Inc
LYTENAVA
For the Treatment of Wet AMD
UK MHRA Approval07/08/2024
8:45 AM
Regulatory Update

Outlook Therapeutics, Inc. announced that the United Kingdom (UK) Medicines and Healthcare products Regulatory Agency (MHRA) has granted marketing authorization for LYTENAVA™ (bevacizumab gamma), an ophthalmic formulation of bevacizumab for the treatment of wet AMD in the UK.

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CER-1236
For Ovarian Cancer
07/08/2024
8:18 AM
Presentation

CERo Therapeutics Holdings, Inc. announces presentation of a poster on its lead compound CER-1236 at the Global Cell & Gene Therapy Summit 2024. The conference is being held July 8-10 in Boston.

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TNXPTonix Pharmaceuticals Holding Corp
Tonmya
For the management of fibromyalgia.
07/08/2024
8:12 AM
FDA Meeting

Tonix Pharmaceuticals announced receipt of the formal minutes from a recent pre-New Drug Application (NDA) meeting with the U.S. Food and Drug Administration (FDA) for Tonmya™ (cyclobenzaprine HCl sublingual tablets) for the management of fibromyalgia.

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PLSEPulse Biosciences Inc
CellFX
General dermatologic conditions
Breakthrough Device Designation07/08/2024
8:11 AM
Designation Grant

Pulse Biosciences, Inc announced that it has received the Breakthrough Device Designation from the U.S. FDA for the Company's Cardiac Surgery System for the ablation of cardiac tissue for the treatment of atrial fibrillation (AF).

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AMRNAmarin Corp PLC
VASCEPA/VAZKEPA (icosapent ethyl)
Prior Peripheral Artery Disease (PAD)
07/08/2024
8:10 AM
Regulatory Update

Amarin Corporation plc announced that its commercial partner in Mainland China ("China"), EddingPharm (EDDING), has received regulatory approval for VASCEPA® (icosapent ethyl) from China's National Medical Products Administration (NMPA).

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ACETAdicet Bio Inc
ADI-270
An Armored Allogeneic "Off-the-Shelf" CAR gamma delta T Cell therapy Targeting CD70+ Cancers
Fast Track Designation07/08/2024
7:20 AM
Designation Grant

Adicet Bio, Inc. announced the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation to ADI-270 for the potential treatment of patients with metastatic/advanced clear cell renal cell carcinoma (ccRCC) who have been treated with an immune checkpoint inhibitor and a vascular endothelial growth factor inhibitor.

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IDYAIDEAYA Biosciences Inc
IDE397
Solid Tumors
Phase 207/08/2024
7:19 AM
Positive Data

IDEAYA Biosciences, announced positive clinical data for the IDE397 Phase 2 monotherapy expansion dose in methylthioadenosine phosphorylase (MTAP)-deletion urothelial and non-small cell lung cancer (NSCLC) patients.

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IVAIVEVFInventiva SA
NATiV3
In adult patients with biopsy-proven non-cirrhotic NASH and F2/F3 stage of liver fibrosis.
07/05/2024
4:12 PM
Provided Update

Inventiva provided an update on its clinical program evaluating lanifibranor for the treatment of MASH/NASH and its financial position.

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AZNAZNCFAstraZeneca PLC
TAGRISSO® (osimertinib)
Third-generation, irreversible EGFR-TKI with proven clinical activity in NSCLC, including against central nervous system metastases.
European Commission07/05/2024
6:47 AM
Foreign Approval

AstraZeneca’s Tagrisso (osimertinib) with the addition of pemetrexed and platinum-based chemotherapy has been approved in the European Union (EU) for the 1st-line treatment of adult patients with advanced epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC) whose tumours have exon 19 deletions or exon 21 (L858R) mutations.

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RHHBFRHHBYRHHVFRoche Holding AG
Vabysmo (faricimab-svoa)
For People With Two Leading Causes of Vision Loss
FDA Approved07/05/2024
5:27 AM
FDA Approval

Roche Group announced the U.S. Food and Drug Administration (FDA) has approved the Vabysmo® (faricimab-svoa) 6.0 mg single-dose prefilled syringe (PFS) for use in the treatment of wet, or neovascular, age-related macular degeneration (AMD), diabetic macular edema (DME) and macular edema following retinal vein occlusion (RVO).

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CALTCLTEFCalliditas Therapeutics AB
Nefecon
Primary IgA Nephropathy (IgAN)
Phase 307/04/2024
6:44 AM
Clinical Trial

Calliditas Therapeutics AB announces that its partner Viatris Pharmaceutical Japan G.K. ("Viatris") has initiated a phase III clinical trial in Japan with Nefecon, named VR-205 in the Japanese market, in Japanese patients with IgA nephropathy (IgAN).

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RHHBFRHHBYRHHVFRoche Holding AG
SKYSCRAPER-06
An initial treatment versus pembrolizumab and chemotherapy
Phase 2/307/04/2024
6:21 AM
Endpoint Missed

Roche Group that the Phase II/III SKYSCRAPER-06 study, evaluating tiragolumab plus Tecentriq® (atezolizumab) and chemotherapy versus pembrolizumab and chemotherapy as an initial (first-line) treatment for people with previously untreated, locally advanced unresectable or metastatic non-squamous non-small cell lung cancer (nSq NSCLC), did not meet its primary endpoints of progression-free survival (PFS) at its primary analysis with a hazard ratio (HR) of 1.27 [95% CI: 1.02,1.57] and overall survival (OS) at its first interim analysis with a HR of 1.33 [95% CI: 1.02, 1.73], which was immature.

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EPZMEpizyme Inc
Tazemetostat + rituximab + lenalidomide (SYMPHONY-1)
Relapsed/refractory follicular lymphoma (R/R FL)
New Drug Application (NDA)07/03/2024
6:26 AM
Regulatory Update

HUTCHMED (China) Limited announces that the New Drug Application ("NDA") for tazemetostat for the treatment of adult patients with relapsed or refractory ("R/R") follicular lymphoma ("FL") has been accepted for review and granted Priority Review by the China National Medical Products Administration ("NMPA").

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ICUSeaStar Medical Holding Corporation
QUELIMMUNE
For the treatment of children weighing 10 kilograms or more with acute kidney injury (AKI) and sepsis or septic condition requiring kidney replacement therapy (KRT).
07/03/2024
9:32 AM
Provided Update

SeaStar Medical Holding announces that the U.S. Food and Drug Administration's (FDA) Center for Biologics Evaluation and Research (CBER) has agreed to the final labeling for SeaStar Medical's QUELIMMUNE™, the Selective Cytopheretic Device for pediatric patients, paving the way under the Humanitarian Use Device (HUD) designation to market the therapeutic device in the U.S. for the treatment of children weighing 10 kilograms or more with acute kidney injury (AKI) and sepsis or septic condition requiring kidney replacement therapy (KRT).

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ARTLArtelo Biosciences Inc
ART12.11
For overcoming problematic drug properties which allows for precise control over purity, potency, and consistency.
07/03/2024
9:12 AM
Data Presentation

Artelo Biosciences announced several presentations about ART12.11, Artelo's proprietary cocrystal combination drug candidate, were delivered at the 34th Annual International Cannabinoid Research Society (ICRS) Symposium held June 30 through July 5, 2024 in Salamanca, Spain.

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TACTI-003
Treatment of recurrent or metastatic head and neck squamous cell carcinoma (HNSCC).
Phase 2b07/03/2024
8:10 AM
Oral presentation

Immutep Limited announces details for an upcoming oral presentation at the European Society for Medical Oncology (ESMO) Virtual Plenary session on July 11, 2024, featuring new clinical data in patients with negative PD-L1 expression (Cohort B) in the TACTI-003 (KEYNOTE-PNC-34) Phase IIb trial, and a webcast to discuss these clinical results.

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GHJNJGuardant Health Inc
Johnson & Johnson
RYBREVANT (amivantamab-vmjw)
Advanced Non-Small Cell Lung Cancer with EGFR Exon 20 Insertion Mutations
07/03/2024
8:08 AM
Regulatory Update

Johnson & Johnson announced that that Health Canada, through a Priority Review, has issued a Notice of Compliance (NOC) for RYBREVANT® (amivantamab) in combination with platinum-based chemotherapy (carboplatin and pemetrexed) for the first-line treatment of adult patients with locally advanced (not amenable to curative therapy) or metastatic non-small cell lung cancer (NSCLC) with activating epidermal growth factor receptor (EGFR) Exon 20 insertion mutations.1

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REGNSNYSNYNFRegeneron Pharmaceuticals Inc
Sanofi SA
Dupixent (dupilumab)
Moderate-to-severe asthma
European Commission Approval07/03/2024
6:59 AM
Foreign Approval

Regeneron Pharmaceuticals, Inc announced that the European Commission (EC) has approved Dupixent® (dupilumab) as an add-on maintenance treatment for adults with uncontrolled chronic obstructive pulmonary disease (COPD) characterized by raised blood eosinophils.

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GYREGyre Therapeutics
Avatrombopag
For the Treatment of CLD-Associated Thrombocytopenia
China National Medical Products Administration (NMPA) Approval07/02/2024
5:39 PM
Foreign Approval

Gyre Therapeutics announced that China's National Medical Products Administration ("NMPA") has approved Gyre Pharmaceuticals' (Gyre's indirectly controlled subsidiary) avatrombopag maleate tablets for the treatment of thrombocytopenia ("TP") associated with chronic liver disease ("CLD") in adult patients undergoing elective diagnostics procedures or therapy.

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TYRA-300
For the Treatment of Achondroplasia
07/02/2024
5:37 PM
Results

Tyra Biosciences, Inc. announced preclinical proof-of-concept results with TYRA-300, an investigational oral FGFR3 selective inhibitor, in hypochondroplasia (HCH).

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LLYEli Lilly and Co
Donanemab
Alzheimer's disease (AD)
FDA Approved07/02/2024
5:34 PM
FDA Approval

Eli Lilly announced that The U.S. Food and Drug Administration (FDA) approved Kisunla™ (donanemab-azbt, 350 mg/20 mL once-monthly injection for IV infusion)

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AVT03
For Prolia® and Xgeva®
07/02/2024
5:32 PM
Top-line results

Alvotech announced positive topline results from a confirmatory patient study for AVT03, a proposed biosimilar to Prolia® (denosumab) and Xgeva® (denosumab).

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VRTXVertex Pharmaceuticals Inc
vanza triple
Vanzacaftor/Tezacaftor/Deutivacaftor, Next-In-Class Triple Combination Treatment for Cystic Fibrosis
New Drug Application (NDA)07/02/2024
5:30 PM
PDUFA Date

Vertex used a priority review voucher for this submission reducing the review time from 10 months to 6 months, resulting in a Prescription Drug User Fee Act (PDUFA) target action date of January 2, 2025.

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VRTXVertex Pharmaceuticals Inc
vanza triple
Vanzacaftor/Tezacaftor/Deutivacaftor, Next-In-Class Triple Combination Treatment for Cystic Fibrosis
New Drug Application (NDA)07/02/2024
5:29 PM
FDA Accepted

Vertex Pharmaceuticals Incorporated announced that the U.S. Food and Drug Administration (FDA) has accepted its New Drug Application (NDA) for investigational once-daily vanzacaftor/tezacaftor/deutivacaftor triple combination therapy (vanza triple) for people living with cystic fibrosis (CF) ages 6 years and older who have at least one F508del mutation or another responsive mutation in the cystic fibrosis transmembrane conductance regulator (CFTR) gene responsive to the vanza triple.

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INZYInozyme Pharma Inc
INZ-701
ABCC6 Deficiency
Fast Track Designation07/02/2024
5:28 PM
Designation Grant

Inozyme Pharma, Inc. announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to INZ-701 for the treatment of ABCC6 Deficiency.

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MTPMidatech Pharma PLC
MTX110
Recurrent Glioblastoma multiforme (rGBM)
Phase 107/02/2024
5:25 PM
Data

Biodexa Pharmaceuticals PLC announces data from a Phase 1 study of MTX110 in Diffuse Midline Glioma ("DMG") f/k/a Diffuse Intrinsic Pontine Glioma, or DIPG, an orphan pediatric brain cancer were presented over the weekend at the 21st International Symposium on Pediatric Neuro-Oncology (ISPNO 2024) in Philadelphia, PA.

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HRTXHeron Therapeutics Inc
ZYNRELEF (bupivacaine and meloxicam HTX-011)
Postoperative pain
07/02/2024
5:22 PM
Regulatory Update

Heron Therapeutics, Inc. announced that the FDA acknowledged the receipt of the Company's Prior Approval Supplement ("PAS") application for ZYNRELEF® (bupivacaine and meloxicam) extended-release solution VAN.

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ANVSAnnovis Bio Inc
Buntanetap
Parkinson's Disease (PD)
Phase 307/02/2024
5:02 PM
New Data

Annovis Bio Inc. announced new data from its Phase III PD study demonstrating that buntanetap is safe and effective in improving motor and non-motor activities and improving cognitive functions in patients with early Parkinson's disease.

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PAVMPAVmed Inc
EsoGuard
Esophageal DNA Test
07/02/2024
8:05 AM
Positive Data

Lucid Diagnostics subsidiary of PAVmed Inc announced positive data from its ESOGUARD BE-1 prospective, international, multicenter, single-arm study conducted to clinically validate performance of the EsoGuard® Esophageal DNA test on samples collected with the EsoCheck® Esophageal Cell Collection Device for detection of esophageal precancer (Barrett's Esophagus or BE) and esophageal adenocarcinoma (EAC) in a screening population.

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CGTXCognition Therapeutics, Inc.
CT1812 (DLB)
Dementia with Lewy bodies (DLB)
Phase 207/02/2024
7:48 AM
Findings Update

Cognition Therapeutics, announced that abstracts summarizing clinical efficacy, safety and biomarker findings from the Phase 2 COG0201 "SHINE" study of CT1812 have been accepted for poster presentation at the upcoming Alzheimer's Association's International Conference being held in Philadelphia, PA from July 28-August 1, 2024.

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LEGNLegend Biotech Corp
Ciltacabtagene Autoleucel (cilta-cel)
Relapsed and/or Refractory Multiple Myeloma
Phase 307/02/2024
7:46 AM
Positive Results

Johnson & Johnson announced positive results from a prespecified second interim analysis of the Phase 3 CARTITUDE-4 study evaluating CARVYKTI® (ciltacabtagene autoleucel; cilta-cel) compared to standard therapies of pomalidomide, bortezomib and dexamethasone (PVd) or daratumumab, pomalidomide and dexamethasone (DPd) for the treatment of patients with relapsed or lenalidomide-refractory multiple myeloma after one prior line of therapy.

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CKPTCheckpoint Therapeutics Inc
Cosibelimab (cSCC)
Locally Advanced Cutaneous Squamous Cell Carcinoma (cSCC)
Biologics License Applications (BLA)07/02/2024
7:43 AM
Regulatory Update

Checkpoint Therapeutics announced it has completed the resubmission of its Biologics License Application ("BLA") to the U.S. Food and Drug Administration ("FDA") for cosibelimab, its anti-programmed death ligand-1 ("PD-L1") antibody, as a potential new treatment for patients with metastatic or locally advanced cutaneous squamous cell carcinoma ("cSCC") who are not candidates for curative surgery or curative radiation.,

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ARDXArdelyx Inc
tenapanor
Control of serum phosphorus in adult patients with chronic kidney disease (CKD) on dialysis
07/02/2024
7:42 AM
Provided Update

Ardelyx, Inc announced that, in an effort to preserve patient access to its phosphate absorption inhibitor XPHOZAH® (tenapanor), the Company has chosen not to apply to include XPHOZAH in the Centers for Medicare & Medicaid Services (CMS) End-Stage Renal Disease (ESRD) Prospective Payment System (PPS) Transitional Drug Add-on Payment Adjustment (TDAPA).

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KRMDKORU Medical Systems
FreedomEdge
Infusion system to deliver pegcetacoplan 20 mL solution
07/02/2024
7:40 AM
Provided Update

KORU Medical Systems, Inc announced that its state-of-the-art FreedomEdge® System has received regulatory clearance in Japan for the delivery of multiple drugs, including CSL Behring's Hizentra subcutaneous immunoglobulin (SCIg), Takeda Pharmaceutical's Cuvitru SCIg, and Sobi's Aspaveli paroxysmal nocturnal hemoglobinuria (PNH).

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ANIPANI Pharmaceuticals Inc
Naproxen
To treat pain, menstrual cramps, and inflammatory diseases
Abbreviated New Drug Application (ANDA)07/02/2024
7:37 AM
FDA Approval

ANI Pharmaceuticals, Inc. announced that it received U.S. Food and Drug Administration (FDA) approval for the Abbreviated New Drug Application (ANDA) and launched Naproxen Delayed-Release Tablets, USP. ANI's Naproxen Delayed-Release Tablets is the generic version of the reference listed drug (RLD) EC-Naprosyn®.

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Descartes-08
For autoimmune diseases
Phase 2b07/02/2024
7:35 AM
Top-line results

Cartesian Therapeutics announced positive topline results from its Phase 2b trial of Descartes-08 in patients with generalized myasthenia gravis (MG).

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IMRNImmuron Ltd
IMM-529
Oral polyclonal antibody, targeting toxin B in the human gut and neutralises main virulence factors of Clostridium infection
Pre-IND Filing07/02/2024
7:33 AM
IND Filing

Immuron Limited announce that it has filed a pre-IND (investigational new drug) application with the United States Food and Drug Administration (FDA) for IMM-529.

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LBPHLongboard Pharmaceuticals, Inc.
LP352
For The Treatment Of Developmental And Epileptic Encephalopathies
Breakthrough Therapy Designation07/01/2024
9:39 AM
Designation Grant

Longboard Pharmaceuticals, Inc announced that the FDA has granted Breakthrough Therapy designation for its investigational drugbexicaserin for the treatment of seizures associated with Developmental and Epileptic Encephalopathies (DEEs) for patients two years of age or older.

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BCLIBrainstorm Cell Therapeutics Inc
NurOwn
Progressive Multiple Sclerosis (MS)
07/01/2024
8:14 AM
Provided Update

BrainStorm Cell Therapeutics Inc. announced that that it will hold a mid-year corporate update to discuss recent positive developments in the NurOwn® program on Monday, July 8, at 8:00 a.m. U.S. Eastern Time

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NBIXNeurocrine Biosciences Inc
crinecerfont
For the Treatment of Congenital Adrenal Hyperplasia (CAH)
New Drug Application (NDA)07/01/2024
8:11 AM
FDA Accepted

Neurocrine Biosciences, Inc. announced the U.S. Food and Drug Administration (FDA) has accepted its two New Drug Applications (NDA) with Priority Review designations for crinecerfont in the treatment of children, adolescents and adults with classic congenital adrenal hyperplasia (CAH).

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BT-600
For the treatment of moderate to severe ulcerative colitis.
07/01/2024
8:10 AM
Top-line results

Biora Therapeutics, Inc. shared positive topline results from its clinical trial of BT-600, an orally administered drug-device combination in development for the potential treatment of patients with ulcerative colitis (UC).

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OVIDOvid Therapeutics Inc
OV888/GV101
For Cerebral Cavernous Malformations
Phase 107/01/2024
8:05 AM
Results

Ovid Therapeutics Inc. announced the results from their Phase 1 healthy volunteer study evaluating the safety, tolerability, and pharmacokinetic (PK) profile of multiple ascending doses of OV888/GV101 capsule.

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NRSNNeuroSense Therapeutics Ltd
PrimeC
Amyotrophic lateral sclerosis
Phase 2b07/01/2024
8:03 AM
Results

NeuroSense Therapeutics Ltd. reported statistically significant results from the 12-month data analysis of the PARADIGM Phase 2b study evaluating PrimeC in people living with Amyotrophic Lateral Sclerosis (ALS).

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HUMAHumacyte, Inc.
Human Acellular Vessel
Coronary Artery Bypass Grafting
Regenerative Medicine Advanced Therapy (RMAT) Designation07/01/2024
7:46 AM
Designation Grant

Humacyte, Inc. announced that it has been granted the U.S. Food and Drug Administration's (FDA's) Regenerative Medicine Advanced Therapy (RMAT) designation for patients with advanced peripheral artery disease (PAD).

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CANFCan-Fite BioPharma Ltd
Namodenoson (CF102) Liver Cancer
Advanced liver cancer
07/01/2024
7:46 AM
Provided Update

Can-Fite BioPharma Ltd. announced that that a patient with liver decompensated cirrhosis who was treated with Namodenoson at the Soroka Medical Center in Israel under compassionate use showed an improvement in liver indices.

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SWTXSpringWorks Therapeutics Inc
Mirdametinib
Adult and pediatric patients with NF1-associated plexiform neurofibromas (NF1-PN)
New Drug Application (NDA)07/01/2024
7:42 AM
Regulatory Update

SpringWorks Therapeutics, Inc announced that the Company has completed the submission of a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for mirdametinib, an investigational MEK inhibitor, for the treatment of pediatric and adult patients with neurofibromatosis type 1- associated plexiform neurofibromas (NF1-PN).

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AZNAZNCFAstraZeneca PLC
sipavibart
for COVID-19 prevention
European Medicines Agency (EMA)07/01/2024
7:37 AM
Regulatory Update

AstraZeneca’s Marketing Authorisation Application (MAA) for sipavibart has been accepted under an accelerated assessment procedure by the European Medicines Agency (EMA), for the pre-exposure prophylaxis (prevention) of COVID-19 in immunocompromised patients.

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MEOBFMESOMesoblast Ltd
RYONCIL
For the treatment of severe and life-threatening inflammatory conditions.
Biologics License Applications (BLA)07/01/2024
7:36 AM
Regulatory Update

Mesoblast Limited confirmed that it will file its Biologics License Application (BLA) for approval of Ryoncil® (remestemcel-L) in the treatment of children with steroid-refractory acute graft versus host disease (SR-aGVHD) with the U.S. Food and Drug Administration (FDA) next week.

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What is an FDA Calendar?

Biotech investing is risk-fraught, as stocks are at the mercy of several catalysts – most of which are make-or-break events, aka binary events. A prudent investment strategy is to make informed decisions, being in the know of when to expect these events, how these events will pan out and the potential stock reaction in the run-up to the event and post the event.

Benzinga’s FDA calendar is a meaningfully designed, user friendly, dynamically updated and simplistic investment tool that is a ‘must-have’ for those looking to make money from the volatility that is typic of trading in biotech stocks.

The calendar lists down all key catalysts that can materially impact stocks, including:

  • PDUFA dates, or in other words FDA decision dates
  • Filing schedules for regulatory applications such as new drug application, or NDA, supplemental NDA, Biologic License Application, or BLA, supplemental BLA, Premarket Approval Application, or Premarket Notification 510(k), etc
  • FDA decisions (approvals/complete response letter/delay)
  • According to special statuses for treatment options, including orphan drug designation, rare disease designation, accelerated approval, priority review etc.
  • FDA’s Advisory Committee, or Adcom, meetings
  • Review meetings with FDA (pre-investigational new drug application meetings, end-of-phase meetings, Type A, Type B and Type C meetings)
  • Decisions by overseas regulatory agencies
  • Clinical data readouts
  • Presentation of data at various scientific conferences.

The calendar allows data screening, based on company names or tickers, events, date-wise or based on a date range. They are designed to serve as a ‘one-stop shop’ for data needs of investors, both existing and potential, to capitalize on the opportunities these catalysts throw up or cut the losses from an adverse development. 

What is a Catalyst?

A catalyst is any event/development that has the potential to swing the stock, usually in an appreciable way, in either direction, depending on how it materializes. 

Biotech Stock Movers

Regulatory actions and clinical readouts are stock-moving catalysts. The magnitude of the impact is usually disproportionate. Most clinical-stage biotechs, or companies which are yet to commercialize a product, do not generate revenues. The exceptions are those which may have out-licensed therapies-in-development to another company and as a result generate revenues in the form of licensing revenues. So, it will be years of investment (time money and efforts) into drug development, which usually takes about 10-15 years, on the promise of generating future returns.

A promising outcome in a particular stage of drug development is perceived by the market as an incremental step in bringing the company closer to that distant goal of marketing a potential blockbuster drug that could fetch it billions in revenues. This explains the huge positive move in a stock when a company reports a positive clinical readout.

Similarly, an unfavorable or a partially successful outcome could suggest all the investment the company may have made in the investigational therapy could go down the drain. Quite appropriately, investors punish the stock by selling it in droves.

PDUFA and Adcom events are binary events that have two outcomes, triggering moves in stock depending on which outcome materializes.

Stock Movers

Gainers

TickerCompany±%Buy Stock
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Loser

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Frequently Asked Questions

Q

What is an FDA PDUFA date?

A

Prescription Drug User Fee Act date, in short, PDUFA date, refers to the date/period by which the FDA is mandated to give its verdict on the regulatory application filed by the sponsor company. The verdict can be an ‘approved’ decision, or a ‘complete response letter’ or a delay due to reasons specific to the company or extraneous to the company.

PDUFA was passed in the U.S. in 1992, which allows the FDA to collect fees from the sponsor company to fund the review process.

A CRL is issued by the FDA when it deems that the regulatory application is not complete in its current form. The deficiencies usually that lead to rejection could be the need for additional clinical studies to establish the efficacy and/or safety of the treatment option, problems with chemistry, manufacturing and controls, etc.

A delay in the review period may stem from the FDA needs additional time to review any additional data/information that may have been tabled subsequent to the submission of the regulatory application or the FDA’s inability to complete site inspections where the drug ingredients are being made etc.

The FDA may mention a specific date or a period (say Q1, Q2, Q3, Q4, first-half, second-half, the name of the month) as the timeline by which a decision will be given. If the FDA does not mention any timeline, the company may roughly calculate a timeline based on the data of filing the regulatory application. If the company doesn’t provide a timeline either, it is left to the investors to do the calculations.

Q

How long does an FDA approval take?

A

A regulatory application (NDA, sNDA, BLA, sBLA, etc.) is usually accepted for standard review or priority review. A standard review will mean the FDA has to hand out its verdict within 10 months of filing the application. The review window for a priority review gets shortened to six months.

Once a company files for a regulatory application, the FDA takes up to 60 days to respond with an ‘accepted for review’ or ‘refuse-to-file’ decision.

Q

How do you find FDA approvals?

A

A Catalysts Calendar is one way of tracking all the decisions in a single place. Usually, the FDA puts out a release and/or communicates to the company, which in turn will issue a press release.