The FDA approved Pimjetmi (pimicotinib), EMD Serono's kinase inhibitor, on November 10, 2026 for adults with symptomatic tenosynovial giant cell tumor for which surgical resection may cause worsening functional limitation or severe morbidity.
Run-up into the decision (T-120 → T+1)
Daily close, T-120 (5/20/26) through T+1. Run-up high $34.1 on 11/4/26, low $28.67 on 5/20/26 (T-120 to T-1). FDA decision 11/10/26. Historical price action, not a forecast.
Key facts
FDA decision date2026-11-10
OutcomeApproved
Drug / candidatePimjetmi (pimicotinib)
IndicationSymptomatic tenosynovial giant cell tumor (TGCT) where surgery may worsen function (adults)
CompanyMerck KGaA (EMD Serono)
Market-cap tierLarge
120-day run-up (T-120→T-1)+17.8%
Cohort decision-day move (history)1.0% median (n=897)
No PDUFA goal date was tracked for this application, so no margin is stated. Per the FDA: in MANEUVER, overall response at Week 25 was 56% with pimicotinib versus 3.2% with placebo. Merck KGaA's ADR (MKKGY) trades over the counter.
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.
Yes. The FDA approved the application for Pimjetmi (pimicotinib) on November 10, 2026, per the FDA's own record. The primary source is linked on this page.
Which company is behind Pimjetmi (pimicotinib)?
Pimjetmi (pimicotinib) is a Merck KGaA (EMD Serono) (MKKGY) program. The FDA decision came on November 10, 2026; the FDA's own record of the decision is linked on this page.
How did MKKGY stock trade into the FDA decision?
Measured over the 120 trading days before the decision (T-120 to T-1), MKKGY moved +17.8%. That is the recorded price path into this specific event. Historical measurement, not a prediction, and not investment advice.
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