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AMGN FDA Decision Approved · 2025-01-17

Page updated ·next FDA decision on the calendar ·Data as of Nov 5, 2026 9:00 PM ET

Price into the decision (T-120)

PDUFA 1/17/25$337.38$258.598/2/24
Daily close, T-120 (8/2/24) through T+5. Run-up high $337.38 on 9/26/24, low $258.59 on 1/7/25 (T-120 to T-1). FDA decision 1/17/25. Historical price action, not a forecast.
Positioning before the decision
On Jan 3, 2025, 14 days before the decision date, at-the-money options priced a move of ±3.9% through Jan 24, 2025 (the first listed expiry after the decision; ATM implied volatility 20%). The stock closed +1.0% at the first close across the decision and +2.2% five trading days on. A straddle priced weeks out covers ordinary movement plus the event, so this is the move the options market priced through that expiry, not the event-implied move alone. How this compares across 1,000+ decisions.

Decision facts

FDA decision date2025-01-17
DrugLUMAKRAS (Sotorasib) + Vectibix (panitumumab) - (CodeBreaK 300)
IndicationKRAS G12C-mutated solid tumors, CRC
Outcome✓ Approvedprimary-sourced
Decision-day move+1.0%
T-120 run-up (low→high)+1.0% ($258.59→$337.38)
Market-cap tierLarge
Cohort decision-day move (history)1.0% median (n=895)

Cohort move is the historical median absolute decision-day move for this market-cap tier across our run-up study. History, not a prediction.

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Every FDA approval letter and released Complete Response Letter we hold, by FDA action date: FDA approval letters.

Questions

Was LUMAKRAS (Sotorasib) + Vectibix (panitumumab) approved by the FDA?

Yes. The FDA approved the application for LUMAKRAS (Sotorasib) + Vectibix (panitumumab) on January 16, 2025, per the FDA's own record. The company announced it on January 17, 2025. The primary source is linked on this page.

What was LUMAKRAS (Sotorasib) + Vectibix (panitumumab) under FDA review for?

The application covered KRAS G12C-mutated solid tumors, CRC. The FDA approved the application on January 17, 2025.

How did AMGN stock react to the FDA decision?

On the decision day AMGN moved +1.0%. That is the recorded reaction to this specific event. Historical measurement, not a prediction, and not investment advice.