Agios gains FDA Priority Review for mitapivat in sickle cell disease

0 min read     Updated on 08 Jul 2026, 02:29 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Agios Pharmaceuticals Inc. secured FDA Priority Review for its mitapivat sNDA targeting sickle cell disease, with a PDUFA goal date of November 1. The designation reduces the review timeline to six months. The application is supported by data from the RISE UP Phase 2 and Phase 3 trials.

powered bylight_fuzz_icon
44971323

*this image is generated using AI for illustrative purposes only.

Agios Pharmaceuticals Inc. announced that the U.S. Food and Drug Administration (FDA) has accepted its supplemental New Drug Application (sNDA) for mitapivat in sickle cell disease with a Priority Review. The Prescription Drug User Fee Act (PDUFA) goal date for this sNDA is November 1. This regulatory milestone targets a treatment for a serious condition with a potentially significant improvement in safety or efficacy. Following the announcement, the stock jumped by more than 15%.

The FDA’s Priority Review designation shortens the target review timeline from the standard 10 months to six months. The sNDA was submitted under the FDA’s accelerated approval pathway. Mitapivat is an oral pyruvate kinase (PK) activator.

RISE UP Trial Data

The application is based on data from the global, randomized, double-blind, placebo-controlled RISE UP Phase 2 and Phase 3 trials. These trials involved patients aged 16 years or older with sickle cell disease.

Current Approvals

Mitapivat is currently approved in the U.S. for adult patients in two hemolytic anemias. The drug received approval for PK deficiency in 2022 and for thalassemia in 2025.

How might FDA approval impact the competitive landscape of sickle cell disease treatments?

What are the potential market size and revenue projections for mitapivat in sickle cell disease?

Could the accelerated approval pathway influence future regulatory strategies for Agios?

like17
dislike

RBC Capital raises Agios price target to $32

0 min read     Updated on 08 Jul 2026, 12:57 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

RBC Capital analyst Luca Issi maintained a Sector Perform rating on Agios Pharmaceuticals (NASDAQ: AGIO) and raised the price target to $32 from $28, following a review of the company's operational performance and market position.

powered bylight_fuzz_icon
44970296

*this image is generated using AI for illustrative purposes only.

RBC Capital analyst Luca Issi has maintained a Sector Perform rating on Agios Pharmaceuticals (NASDAQ: AGIO) and raised the price target to $32 from $28. This adjustment follows a review of the company's operational performance and market position. The revised target indicates a revised outlook for the stock while retaining a neutral investment stance.

Rating and Price Action

The decision to uphold the Sector Perform rating reflects RBC Capital's cautious view on Agios Pharmaceuticals. The new price target of $32 represents an increase from the previous target of $28, suggesting a shift in valuation expectations.

Metric Value
Rating Sector Perform
Previous Price Target $28
New Price Target $32
Exchange NASDAQ
Ticker AGIO

What specific operational improvements or market factors drove RBC Capital to raise the price target while maintaining a neutral rating?

How might Agios Pharmaceuticals' upcoming clinical trial results influence future analyst ratings and stock performance?

What are the potential risks or challenges that could prevent Agios from reaching the new $32 price target?

like18
dislike

More News on Agios Pharmaceuticals Inc