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

Prediction markets currently give a 70% probability that When will the FDA approve Lonvoguran Ziclumeran (lonvo-z) for Hereditary Angioedema?. This contract trades at 70¢ on Kalshi, closing January 1, 2028. This market shows extremely thin liquidity with only $15.39 open interest and zero 24-hour volume, making the 70¢ price potentially unreliable for gauging true market consensus.

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70¢
Bid/Ask 61/70¢·Spread 9¢·Vol $0·OI $44.76·Closes Jan 1, 2028·612d remaining
KXFDAAPPROVALDATENTLA-LONV-28JAN01
7-day price14 snapshots · 10 regime
61¢61¢ current
Apr 955¢Apr 20

Analysis

12d ago

This market shows extremely thin liquidity with only $15.39 open interest and zero 24-hour volume, making the 70¢ price potentially unreliable for gauging true market consensus. The asymmetric implied yields—39% for Yes versus 87.7% for No—suggest significant mispricing or that the No side is heavily undervalued, though the wide 10¢ spread reflects the illiquidity challenge. With 624 days to expiry and a modest 4¢ price gain over seven days, this appears to be a speculative position with minimal market participation rather than an actively traded contract.

Resolution rules

If the FDA approves Lonvoguran Ziclumeran (lonvo-z) for Hereditary Angioedema for marketing before Jan 1, 2028, then the market resolves to Yes.

Indicators

IY (Yes) 38.1%
IY (No) 93.3%
Adj IY 47%
CRI 2
Overround 0.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)38.1%
IY (No)93.3%
Adj IY47%
CRI2
Overround0.3%

Regime

Label
neutral
Score
0.568
Spread
9¢
Computed
4/29/2026, 9:40:09 AM
Observability highEvent type data_release
Indicators computed 4/29/2026, 9:38:26 AM

Trade

View on kalshisf trade KXFDAAPPROVALDATENTLA-LONV-28JAN01 yes 100

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