What did the FDA decide on BAYRY's KERENDIA (finerenone)?
The FDA decided BAYRY's (Bayer AG ADR) application for KERENDIA (finerenone) on September 16, 2026: Approved. We do not state a goal date for this application: the date we had carried was never sourced to a filing or company release. Verify against the linked primary source.
What is BAYRY's drug KERENDIA (finerenone)?
KERENDIA (finerenone) is Bayer AG ADR's drug, approved by the FDA on September 16, 2026 for Type 1 Diabetes and Chronic Kidney Disease.
What typically happens to a large-cap stock into a PDUFA date?
Historically, large-cap names had a median decision-day move around ±1% (763-PDUFA cohort, 2024-26). This is historical context by market-cap tier, not a prediction for this drug.
Decision-day move · large-cap cohortn=790 · median +0.0% · 50% up
Distribution of next-day % moves after the FDA decision for large-cap PDUFAs (2020–26). Red = down, green = up, blue = flat (±3%). Historical dispersion, not a forecast.