pdufa.bio
Home › Decisions › PFE 2026-08-27

PFE FDA decision: Aug 27, 2026

Page updated ·next FDA decision on the calendar ·Data as of Oct 21, 2026 12:50 PM ET
✓ APPROVED

Brepocitinib (VALOR) was approved by the FDA on August 27, 2026 for dermatomyositis, the 35th novel drug approval of 2026 on the FDA's Novel Drug Approvals list.

Verified against: FDA action day August 27, 2026 (NDA 220106 ORIG-1) · Announcement August 27, 2026 (sponsor announcement) · Goal date none sourced.

LISRAYA (brepocitinib), the Pfizer-originated TYK2/JAK1 inhibitor developed by Priovant, approved for adults with dermatomyositis (Aug 27 2026).

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

PDUFA 8/27/26$28.57$23.673/6/26
Daily close, T-120 (3/6/26) through T+5. Run-up high $28.57 on 8/25/26, low $23.67 on 6/25/26 (T-120 to T-1). FDA decision 8/27/26. Historical price action, not a forecast.

Key facts

FDA decision date2026-08-27
OutcomeApproved
Drug / candidateLISRAYA (brepocitinib)
IndicationDermatomyositis in adults
CompanyPfizer Inc. (partner; sponsor Priovant Therapeutics)
Market-cap tierLarge
120-day run-up (T-120→T-1)+4.6%
Cohort decision-day move (history)1.0% median (n=841)

The sponsor guided this decision to Q3 2026, under Priority Review granted at the March 2026 NDA acceptance. The FDA approved on August 27, 2026. We do not state how early it was: the goal date we hold for this application is not a sourced calendar day, and an unsourced goal cannot measure earliness. The sponsor is Priovant Therapeutics, a Roivant subsidiary; Pfizer originated brepocitinib and holds a stake in Priovant, which is why this event is tracked on both tickers. Supported by the Phase 3 VALOR study of 241 adults.

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: Roivant investor release, August 27, 2026

FDA record of the action: the FDA approved on August 27, 2026, per NDA 220106 ORIG-1 (FDA letter). The sponsor announced it the same day. Action dates on pdufa.bio come from the FDA's own record, not the press release. Every FDA action we hold, by FDA date: FDA approval letters.

Questions

Was LISRAYA (brepocitinib) approved by the FDA?

Yes. The FDA approved the application for LISRAYA (brepocitinib) on August 27, 2026, per the FDA's own record. The primary source is linked on this page.

Which company is behind LISRAYA (brepocitinib)?

LISRAYA (brepocitinib) is a Pfizer Inc. (partner; sponsor Priovant Therapeutics) (PFE) program. The FDA decision came on August 27, 2026; the company's own announcement is linked on this page.

How did PFE stock trade into the FDA decision?

Measured over the 120 trading days before the decision (T-120 to T-1), PFE moved +4.6%. That is the recorded price path into this specific event. Historical measurement, not a prediction, and not investment advice.