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Agios Pharmaceuticals stock drops over 15% as FDA delays mitapivat approval for sickle cell disease to 2027

Market News
30 Oct 2026, 21:27 WIB
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Bearish
Agios Pharmaceuticals stock drops over 15% as FDA delays mitapivat approval for sickle cell disease to 2027

Agios Pharmaceuticals' stock fell more than 15% after the FDA extended the Prescription Drug User Fee Act (PDUFA) date for mitapivat's supplemental New Drug Application (sNDA) for sickle cell disease to February 2027. The drug showed mixed results, missing its primary endpoint for reducing pain crises but demonstrating strong reductions in transfusion needs. The FDA delay is due to safety and Risk Evaluation and Mitigation Strategy (REMS) considerations, not efficacy concerns, with no new liver injury cases reported. The delay is seen as a temporary setback rather than a fundamental threat to approval, leading to a tentative 'Buy' rating for the stock.

Agios Pharmaceuticals' stock fell over 15% following the FDA delay on a sickle cell drug approval. For readers following the health sector, here is Pluang's market snapshot as of Oct 31, 2026 00:31 WIB: out of 150 priced US health stocks, 47 rose and 101 fell. Notable movers include DNA down 14.29% with 77% sell orders, TWST down 12.49% with 64% buy orders, and REGN up 11.31% with a typical hold time of 108 days.

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