When will the FDA approve Lonvoguran Ziclumeran (lonvo-z) for Hereditary Angioedema?

Prediction markets currently give a 50% probability that When will the FDA approve Lonvoguran Ziclumeran (lonvo-z) for Hereditary Angioedema?. This contract trades at 50¢ on Kalshi, closing October 1, 2027. This market shows extremely thin liquidity with only $23 open interest and $1.93 in 24-hour volume, making the 40¢ price potentially unreliable for serious positioning.

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50¢
Bid/Ask 41/50¢·Spread 9¢·Vol $0·OI $125.2·Closes Oct 1, 2027·520d remaining
KXFDAAPPROVALDATENTLA-LONV-27OCT01
7-day price4 snapshots · 4 regime
47¢41¢ current
Apr 1040¢Apr 25

Analysis

12d ago

This market shows extremely thin liquidity with only $23 open interest and $1.93 in 24-hour volume, making the 40¢ price potentially unreliable for serious positioning. The 102.9% implied yield on the Yes side is notably elevated relative to the 51% risk-adjusted yield, suggesting either genuine optimism about approval odds or simply illiquidity-driven mispricing. With 532 days to expiry and a low Cliff Risk Index of 2, there's minimal near-term catalyst risk, though the wide 10¢ spread and stagnant price action indicate this market lacks meaningful trader interest.

Resolution rules

If the FDA approves Lonvoguran Ziclumeran (lonvo-z) for Hereditary Angioedema for marketing before Oct 1, 2027, then the market resolves to Yes.

Indicators

IY (Yes) 101.1%
IY (No) 48.8%
Adj IY 51%
CRI 1
Overround 0.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)101.1%
IY (No)48.8%
Adj IY51%
CRI1
Overround0.3%

Regime

Label
neutral
Score
0.568
Spread
9¢
Computed
4/29/2026, 9:40:08 AM
Observability highEvent type data_release
Indicators computed 4/29/2026, 9:38:26 AM

Trade

View on kalshisf trade KXFDAAPPROVALDATENTLA-LONV-27OCT01 yes 100

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