Registered forecast
85% registered probability event by 2026-11-30 Unresolved
FDA approves povetacicept for IgA nephropathy on or before the disclosed PDUFA goal date of 2026-11-30
FF-026 Registered - Registered probability
- 85%
- Event by
- 2026-11-30
- Resolution window
- 2026-10-07 → 2026-11-30
- Target rung
- 5 Guideline
- 6 Regulatory
- 7 Coverage
- Baselines it has to beat
-
- Authority base rate 70%
- Calendar cycle 65%
- Analyst proxy 85%
nextconsensus.com/forecast/ff-026/ registry snapshot 2026-10-06 Share image
NextConsensus registered this probability on 2026-10-06. It is one of 14 registered FDA goal-date forecasts.
The proposition
What was claimed
The FDA takes an approval action on Vertex's Biologics License Application for povetacicept, submitted for accelerated approval, for the treatment of adults with IgA nephropathy, with an approval action date on or before 2026-11-30, the PDUFA target action date disclosed in Vertex's Form 10-Q filed 2026-08-04.
- Authority
- US Food and Drug Administration (FDA), Center for Drug Evaluation and Research (CDER) (US)
- Target rungA step on the 12-rung ladder: rungs 1 to 4 are the evidence moving, rungs 5 to 7 are a guideline body, regulator, or payer acting. The ladder, rung by rung
- Rung 6: Regulatory action — Label/indication change, approval action, REMS modification, or withdrawal by FDA, EMA, PMDA, Health Canada, etc.
- Forecast classThe group of like forecasts this one is counted and scored with, such as FDA actions by their goal dates
- FDA action by goal date
- Scope
- IgA nephropathy in adults (accelerated approval)
The estimate
The number and the baselines it has to beat
The alternatives it was registered against, each with the reasoning that produced it.
ESTIMATE FROM THE SHAPE OF THE CLASS, NOT AN ENUMERATED COUNT. Applications resting on uncontrolled or early-phase trials, or on surrogate endpoints, often under accelerated approval, meet their first goal date less often than those built on completed randomized trials. The calendar's own count does not exist yet.
A clock-only model: the goal date is inside the window and FDA meets most goal dates, but first-cycle approval is less common on uncontrolled, early-phase or surrogate evidence.
A nephrology analyst reading the same filings on 2026-10-01 would weigh priority review and a pre-specified interim analysis of a randomized phase 3 that the sponsor reports positive on all endpoints, with another IgA nephropathy medicine granted accelerated approval in July 2026 (SRC-005). Estimated by reconstructing that read, not by surveying analysts.
Regulatory action (FDA): offered on judgment, with no calibration figure until 15 in the class have resolved.
The clock
Dates that constrain the record
- Evidence cutoff
- 2026-10-06
Nothing after this date informed the estimate. - Registered
- 2026-10-06
Frozen and hashed. - Resolution window
- 2026-10-07 → 2026-11-30
When the adjudicator can read the outcome. - Event by
- 2026-11-30
The final qualifying action date; the frozen resolution rule defines what counts. Add to calendar
3579c949d3f51f469db7d882ce86439cd190f53841739638ddb56b1413b12a61 · operator record jc-1791309828140-79ed1088
Around this record
- This kind of deadline
- Check it, follow it
Single-claim evaluation
Waiting on the FDA for an asset of your own?
Name the claim, who decides it, and the date your team commits to: a P&T meeting, an HTA submission, a label negotiation, a deal closing. Yours is registered under the same rules as the forecast on this page.
Resolution
The rule that settles the forecast
Resolves YES if the openFDA Drugs@FDA records returned by https://api.fda.gov/drug/drugsfda.json?search=openfda.generic_name:%22povetacicept%22&limit=100 and by https://api.fda.gov/drug/drugsfda.json?search=products.active_ingredients.name:%22POVETACICEPT%22&limit=100, read together (openFDA does not always fill the generic-name field for a new application), contain an application whose ORIG submission has submission_status AP and a submission_status_date on or before 2026-11-30, and the Drugs@FDA approval letter or label for that application names IgA nephropathy in its indication, with Vertex or a Vertex subsidiary as applicant. An approval for a narrower IgA nephropathy population than the applicant sought still resolves YES, as does accelerated rather than traditional approval. Resolves NO if no approval action is dated on or before 2026-11-30: a complete response letter, a goal-date extension, withdrawal or no action. The goal date is frozen as disclosed at the cutoff; a later extension does not move it, and an approval dated after 2026-11-30 resolves NO as occurred_after_deadline. Read no earlier than 2026-12-14. If openFDA has not refreshed by then, the Drugs@FDA web record (https://www.accessdata.fda.gov/scripts/cder/daf/, searched by the name povetacicept) governs. If neither lists the product, FDA's Purple Book (https://purplebooksearch.fda.gov/, searched by povetacicept) governs for the licensure date, with the approval letter for the indication. The application number was not public at the cutoff, so the rule reads by name; a suffix on the nonproprietary name or a proprietary name does not change the identification. Resolves unresolvable only if none of these sources can be read after the read floor. Resolves VOID, with the reason recorded, only if FDA withdraws every public record of approval actions named above without an equivalent public successor, so that no approval date for this product can be read; while any of them publishes it, the rule stands.
Source the rule names: https://api.fda.gov/drug/drugsfda.json?search=openfda.generic_name:%22povetacicept%22&limit=100, https://api.fda.gov/drug/drugsfda.json?search=products.active_ingredients.name:%22POVETACICEPT%22&limit=100, https://www.accessdata.fda.gov/scripts/cder/daf/, https://purplebooksearch.fda.gov/
Readers: Resolver A, clinical methodology; Resolver B, payer evidence. The same two reader roles are assigned to every forecast registered so far.
What this record will show once it resolves
Beside every result, the count for its class (FDA action by goal date): registered, resolved, unresolved, and expired. One forecast is one instance, not a rate.
- The finding
- As the rule above reads it: occurred on time, did not occur, or left unscored.
- The readers and their sources
- Two reader roles read the source named above: Resolver A, clinical methodology; Resolver B, payer evidence. Who adjudicated it is named here, with the sources they read when the adjudication lists them. Being named as a reader means applying the frozen rule to the public record; it is not support for the estimate, the method, or NextConsensus.
- The number against its baselines
- 85% beside three baselines, each scored by the same rule (squared error), so a reader can see how the record did against each of them.
Reasoning
What the number rests on
The facts it was built from are below, as they stood at the cutoff, with every source archived; each baseline above carries the reasoning that produced it. The written mechanism and the conditions that would make the proposition ill-posed were frozen with the record and are held in the ledger, which the hash on this page covers.
Frozen covariatesThe facts about the evidence and the authority's process that were frozen with the forecast at its cutoff
The state of the record at the cutoff
Recorded as they stood on 2026-10-06, including the 2 fields whose values were unknown then. Those are left unknown rather than filled in.
- review pathway
- priority review via a priority review voucher (SRC-003, SRC-004); accelerated approval (SRC-001)
- submission type
- original BLA, rolling submission completed March 2026 (SRC-003)
- evidence class
- pre-specified Week 36 interim analysis of the ongoing Phase 3 RAINIER trial (SRC-002)
- pivotal n
- unknown — not stated in the archived sources
- endpoint type
- unknown — endpoints not named in the archived sources; Vertex reports positive interim results 'for the primary and all secondary endpoints' (SRC-004)
- approved competitors in class
- TRUTAKNA (atacicept-vymj, Vera Therapeutics) received FDA accelerated approval in IgA nephropathy (SRC-005, filed 2026-07-07; openFDA BLA761486 ORIG-1 approved 2026-07-07, SRC-007)
- months since last guideline revision
- not applicable — no guideline is the subject of this proposition
- panel cycle position
- not applicable — the act is an FDA approval action
- sponsor request status
- rolling BLA submission completed by 2026-03-31 (SRC-003); FDA accepted the BLA (SRC-001), acceptance date not stated
- odac referral
- none announced in the archived sources
- sponsor state change
- none recorded
Sources
Everything the estimate was built from
Each was retrieved on or before the 2026-10-06 cutoff and archived at the digest shown. If a publisher edits a page after the fact, the digest stops matching and the substitution is visible.
-
SRC-001Vertex Pharmaceuticals Incorporated Form 10-Q for the quarter ended June 30, 2026, filed 2026-08-04 (latest Vertex filing found that discusses povetacicept). States FDA accepted the BLA for accelerated approval of povetacicept for adults with IgAN and assigned a PDUFA target action date of November 30, 2026. -
SRC-002Vertex Form 8-K Exhibit 99.1 (Q2 2026 results), filed 2026-08-03. Headline 'povetacicept PDUFA date November 30th'; states the BLA for accelerated approval was accepted with a PDUFA target action date of November 30, 2026 and is supported by a pre-specified Week 36 interim analysis of the ongoing Phase 3 RAINIER trial. -
SRC-003Vertex Form 8-K filed 2026-03-31 (Item 8.01): completed the rolling BLA submission for potential accelerated approval of povetacicept in adults with IgAN and used a priority review voucher, expecting a six-month review from acceptance. -
SRC-004Vertex Form 8-K Exhibit 99.1 (Q1 2026 results), filed 2026-05-04. States positive Week 36 interim analysis results for the primary and all secondary endpoints in RAINIER (reported March 2026) and use of a Priority Review Voucher. -
SRC-005Vera Therapeutics, Inc. Form 8-K filed 2026-07-07 announcing FDA accelerated approval of TRUTAKNA (atacicept-vymj) to reduce proteinuria in adults with primary IgA nephropathy at risk for disease progression (an approved product with a related BAFF/APRIL mechanism — mechanism comparison is the drafter's, not the filing's). -
SRC-006openFDA drugsfda API response for generic name 'povetacicept', retrieved 2026-10-01: 404 NOT_FOUND 'No matches found!'. -
SRC-007openFDA drugsfda API response for generic name 'atacicept', retrieved 2026-10-01 (meta last_updated 2026-09-29): BLA761486, TRUTAKNA, sponsor VERA THERAPEUTICS INC., ORIG-1 approved 2026-07-07 (review priority PRIORITY).