Registered forecast

70% registered probability event by 2026-12-12 Unresolved

FDA approves imsidolimab for generalized pustular psoriasis on or before the disclosed PDUFA goal date of 2026-12-12

FF-032 Registered Unresolved
Registered probability
70%
Event by
2026-12-12
Resolution window
2026-10-16 → 2026-12-12
Target rung
  1. 5 Guideline
  2. 6 Regulatory
  3. 7 Coverage
Baselines it has to beat
  • Authority base rate 85%
  • Calendar cycle 80%
  • Analyst proxy 70%

nextconsensus.com/forecast/ff-032/ registry snapshot 2026-10-15 Share image

NextConsensus registered this probability on 2026-10-15. It is one of 26 registered FDA goal-date forecasts.

The proposition

What was claimed

The FDA takes an approval action on Vanda Pharmaceuticals' Biologics License Application for imsidolimab (proposed name Quimilza) for the treatment of generalized pustular psoriasis, with an approval action date on or before 2026-12-12, the target action date disclosed in AnaptysBio's Form 10-KT filed 2026-09-21.
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
Generalized pustular psoriasis

The estimate

The number and the baselines it has to beat

70% probability, method v0.1.0 · frozen at the 2026-10-15 cutoff

The alternatives it was registered against, each with the reasoning that produced it.

Authority base rate 85%

ESTIMATE FROM THE SHAPE OF THE CLASS, NOT AN ENUMERATED COUNT. Applications built on positive randomized controlled trials are approved at their first goal date in a large majority of cases. The calendar's own met-goal-date share for disclosed PDUFA dates does not exist yet.

Calendar cycle 80%

A clock-only model: the goal date is inside the window, FDA meets most goal dates, and most first-cycle actions on applications like this are approvals. With no evidence input it cannot tell a strong application from a weak one.

Analyst proxy 70%

A dermatology analyst reading the same filings on 2026-10-01 would weigh a positive randomized phase 3 in a rare disease with an approved competitor (SRC-004), against a pivotal dataset of 45 patients and a maintenance study of 16. 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
2026-10-15
Nothing after this date informed the estimate.
Registered
2026-10-15
Frozen and hashed.
Resolution window
2026-10-16 → 2026-12-12
When the adjudicator can read the outcome.
Event by
2026-12-12
The final qualifying action date; the frozen resolution rule defines what counts. Add to calendar

41
ledger 41c59f846806fdd51750606007d7d5861960bd532e5b23f07b3ba897880a15b7 · operator record jc-1792036248042-45adc42c

Around this record

Single-claim evaluation

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Then the portfolio The same record can cover every decision your portfolio is waiting on, on a cadence you set.

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:%22imsidolimab%22&limit=100 and by https://api.fda.gov/drug/drugsfda.json?search=products.active_ingredients.name:%22IMSIDOLIMAB%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 2026-12-12, and the Drugs@FDA approval letter or label for that application names generalized pustular psoriasis in its indication, with Vanda or a Vanda subsidiary as applicant. An approval for a narrower generalized pustular psoriasis population than the applicant sought still resolves YES. Resolves NO if no approval action is dated on or before 2026-12-12: 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 2026-12-12 resolves NO as occurred_after_deadline. 2026-12-12 is a Saturday; an approval action dated that day still counts. Read no earlier than 2026-12-26. If openFDA has not refreshed by then, the Drugs@FDA web record (https://www.accessdata.fda.gov/scripts/cder/daf/, searched by the name imsidolimab) governs. If neither lists the product, FDA's Purple Book (https://purplebooksearch.fda.gov/, searched by imsidolimab) 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:%22imsidolimab%22&limit=100, https://api.fda.gov/drug/drugsfda.json?search=products.active_ingredients.name:%22IMSIDOLIMAB%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
70% 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 2026-10-15, including the one field whose value was unknown then. It is left unknown rather than filled in.

review pathway
unknown — not stated in the archived sources (BLA submitted December 2025 with a December 12, 2026 target date, consistent with a standard review — drafter's understanding from dates, unverified); FDA Orphan Drug Designation for GPP (SRC-004)
submission type
original BLA (SRC-001)
evidence class
two Phase 3 trials: GEMINI-1 (randomized, placebo-controlled, single IV dose) and GEMINI-2 (randomized maintenance in GEMINI-1 responders) (SRC-004)
pivotal n
GEMINI-1: 45 patients; GEMINI-2: 16 GEMINI-1 responders re-randomized (SRC-004)
endpoint type
GEMINI-1 primary endpoint: GPPPGA 0/1 (clear or almost clear) at Week 4 — 53% (750 mg IV) vs 13% placebo, p=0.0131 (SRC-004)
approved competitors in class
SPEVIGO (spesolimab, Boehringer Ingelheim), an anti-IL-36 receptor antibody approved for GPP (SRC-004; openFDA BLA761244 ORIG-1 approved 2022-09-01, SRC-006)
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
BLA submitted December 2025; accepted February 2026 (SRC-001)
odac referral
none announced in the archived sources
sponsor state change
AnaptysBio licensed global rights to Vanda on January 31, 2025 and now manages its Jemperli and Quimilza royalties as a virtual company (SRC-001)

Sources

Everything the estimate was built from

Each was retrieved on or before the 2026-10-15 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.

  1. SRC-001 AnaptysBio, Inc. Form 10-KT (transition report for the period ended June 30, 2026), filed 2026-09-21 (latest filing found that states the date). States that Vanda submitted a BLA for Quimilza (formerly imsidolimab) in GPP in December 2025 and that FDA accepted it in February 2026 with a target action date of December 12, 2026; describes the January 31, 2025 license to Vanda.

    https://www.sec.gov/Archives/edgar/data/1370053/000119312526396696/anab-20260630.htm

    Retrieved 2026-10-01 · sha256 c08410809e565bf4f02fb654a0af52cf6e91c96ee0a90e2f07c5aaef0da89224

  2. SRC-002 Vanda Pharmaceuticals Inc. Form 10-Q for the quarter ended June 30, 2026, filed 2026-08-06 (latest Vanda filing before cutoff). States the BLA for Quimilza in GPP is under FDA review with a PDUFA target action date of December 12, 2026.

    https://www.sec.gov/Archives/edgar/data/1347178/000162828026053855/vnda-20260630.htm

    Retrieved 2026-10-01 · sha256 dd893b5e99cc3a6359a98f5b434b6366cef982f0303cee1fd6653eaf956ffec2

  3. SRC-003 Vanda Form 8-K Exhibit 99.1 (Q2 2026 results), filed 2026-08-05. States 'Quimilza TM (imsidolimab) BLA for GPP under review by the FDA; PDUFA target action date of December 12, 2026'.

    https://www.sec.gov/Archives/edgar/data/1347178/000162828026053308/vnda8-k852026exhibit991.htm

    Retrieved 2026-10-01 · sha256 5e526a9827d27635e187e0202102cf7d37705edf7067261df3736b8911a5c557

  4. SRC-004 AnaptysBio Form 10-Q for the quarter ended September 30, 2024, filed 2024-11-05. Describes GEMINI-1 (45 patients; primary endpoint GPPPGA 0/1 at Week 4: 53% vs 13% placebo, p=0.0131 at 750 mg IV) and GEMINI-2 (16 responders re-randomized), FDA Orphan Drug Designation (July 2020), and names SPEVIGO (spesolimab) as an approved anti-IL-36 receptor competitor for GPP.

    https://www.sec.gov/Archives/edgar/data/1370053/000137005324000054/anab-20240930.htm

    Retrieved 2026-10-01 · sha256 962b9b00702d17965082a84dc139ee3a460fe07cde55eb2b7d8f94048ed02963

  5. SRC-005 openFDA drugsfda API response for generic name 'imsidolimab', retrieved 2026-10-01: 404 NOT_FOUND 'No matches found!'.

    https://api.fda.gov/drug/drugsfda.json?search=openfda.generic_name:%22imsidolimab%22

    Retrieved 2026-10-01 · sha256 57b1e7534d003e4246182162fd2469cdf038de39405056f44fc006715e5496da

  6. SRC-006 openFDA drugsfda API response for generic name 'spesolimab', retrieved 2026-10-01 (meta last_updated 2026-09-29): BLA761244, SPEVIGO, sponsor BOEHRINGER INGELHEIM PHARMACEUTICALS INC, ORIG-1 approved 2022-09-01, with later efficacy supplements approved 2024-03-18 and 2025-05-28.

    https://api.fda.gov/drug/drugsfda.json?search=openfda.generic_name:%22spesolimab%22

    Retrieved 2026-10-01 · sha256 31fc75f0c56c7c2f1db4defa203a63d42298e945e9de6d8728d911bee8b024d1