SimpleFunctions
Winner-take-all answer·6 source contracts·Kalshi 6·refreshed just now·Closes Apr 1, 2027 · 222d

When will Intellia Therapeutics, Inc. submit a BLA for Lonvoguran Ziclumeran (lonvo-z) to the FDA

Leader sits at 81% across 6 bound outcomes, runner-up at 67%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

81%

before April 2027

runner-up 67¢leader 81¢

Outcomes

6

winner-take-all

Runner-up

67¢

before December

Spread

14pp

contested

24h volume

$1

thin orderbook

Closes

Apr 1, 2027

222 days

Venue

Kalshi

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodaybefore April 2027: 83% (26 days, 21 points)before April 2027: 83% on 2026-08-18before December: 69% (26 days, 21 points)before December: 69% on 2026-08-18before 2027: 65% (26 days, 24 points)before 2027: 65% on 2026-08-21
before April 202783¢before December69¢before 202765¢
Top 3 candidates by current price · 26d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects market expectations that Intellia Therapeutics will submit a Biologics License Application (BLA) for lonvo-z, its gene-editing therapy, to the FDA by a specific date. The 69% probability suggests traders view submission as more likely than not, though meaningful uncertainty remains. The estimate is shaped by Intellia's development timeline, clinical trial results, and manufacturing readiness for this CRISPR-based treatment. Upcoming catalysts include phase 2 trial data releases, company earnings calls disclosing regulatory strategy, and any public statements about submission timelines. The gap between the leading contract (69%) and runner-up (65%) indicates traders are closely split on near-term timing, suggesting that incremental news about trial enrollment, efficacy signals, or regulatory feedback could move the probability meaningfully in either direction.

  • Lonvo-z phase 2 clinical trial enrollment progress and interim data readout dates, which determine whether Intellia has sufficient evidence for BLA submission
  • Prior FDA feedback on lonvo-z development pathway; any complete response letters or additional study requirements would delay submission
  • Intellia's manufacturing scale-up status and ability to support commercial supply, a mandatory BLA component
  • Competitive landscape with other gene-editing therapies advancing—regulatory priorities and review timelines may affect Intellia's submission strategy
  • Company guidance in earnings calls or investor conferences explicitly addressing BLA submission timeline expectations

What moved the line

  • Aug 17before November39pp5314¢ · Kalshi
  • Aug 19before November30pp1242¢ · Kalshi
  • Aug 19before October23pp1134¢ · Kalshi
  • Aug 17before October14pp3420¢ · Kalshi
  • Aug 21before November11pp4556¢ · Kalshi

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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Adjacent prediction questions.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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