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BMY FDA decision: Aug 13, 2026

Updated ·next FDA decision on the calendar
✓ APPROVED

ZENBEXUS (iberdomide), the first FDA-approved CELMoD (cereblon E3 ligase modulator), granted accelerated approval on August 13, 2026 in combination with daratumumab and hyaluronidase-fihj and dexamethasone - four days ahead of its August 17 PDUFA goal date.

Run-up into the decision (T-120 → T+5)

PDUFA 8/13/26$65.89$542/18/26
Daily close, T-120 (2/18/26) through T+0. Run-up high $65.89 on 8/4/26, low $54 on 6/18/26 (T-120 to T-1). FDA decision 8/13/26. Historical price action, not a forecast.

Key facts

FDA decision date2026-08-13
OutcomeApproved
Drug / candidateZENBEXUS (iberdomide) with daratumumab and hyaluronidase-fihj and dexamethasone
IndicationMultiple myeloma in adults who have received at least one prior line of therapy including a proteasome inhibitor and an immunomodulatory agent
CompanyBristol-Myers Squibb Company
Market-cap tierLarge
120-day run-up (T-120→T-1)+8.6%
Cohort decision-day move (history)±1% median

The PDUFA target action date was August 17, 2026; the FDA granted accelerated approval on August 13. Efficacy came from the Phase 3 EXCALIBER-RRMM trial (NCT04975997, 939 patients randomized): the MRD-negative complete response rate at any time was 41% with iberdomide plus daratumumab/hyaluronidase and dexamethasone versus 21% for the daratumumab/bortezomib/dexamethasone comparator (p<0.0001) in the 420-patient primary efficacy population. Progression-free survival remains under evaluation as the confirmatory clinical-benefit endpoint. The label carries a boxed warning for embryo-fetal toxicity and serious venous and arterial thromboembolism, with warnings for neutropenia, infections and second primary malignancies; the drug is available only through the ZENBEXUS REMS. The application held priority review plus breakthrough therapy and orphan drug designations, and was reviewed under Project Orbis with Swissmedic.

Run-up figures are the stock's own daily closing path over the 120 trading days before the decision, from our price history. Cohort move is the historical median absolute decision-day move for this market-cap tier. History, not a prediction.

Primary source: FDA approval notice, August 13, 2026

Questions

Was ZENBEXUS (iberdomide) with daratumumab and hyaluronidase-fihj and dexa approved by the FDA?

Yes. The FDA approved the application for ZENBEXUS (iberdomide) with daratumumab and hyaluronidase-fihj and dexa on August 13, 2026. The primary source is linked on this page.

Which company is behind ZENBEXUS (iberdomide) with daratumumab and hyaluronidase-fihj and dexa?

ZENBEXUS (iberdomide) with daratumumab and hyaluronidase-fihj and dexa is a Bristol-Myers Squibb Company (BMY) program. The FDA decision came on August 13, 2026; the company's own announcement is linked on this page.

How did BMY stock trade into the FDA decision?

Measured over the 120 trading days before the decision (T-120 to T-1), BMY moved +8.6%. That is the recorded price path into this specific event -- historical measurement, not a prediction, and not investment advice.