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TVTX
NASDAQ Life Sciences

FDA Extends Review of FILSPARI sNDA for FSGS, Setting New PDUFA Date for April 2026

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Biotech Stocks · Healthcare
Sentiment info
Negative
Importance info
7
Price
$28.8
Mkt Cap
$2.605B
52W Low
$12.91
52W High
$42.13
52W Position info
123% above low
Off High info
32% below high
Rel. Volume info
9.0× avg
Market data snapshot near publication time

TVTX has more than doubled off its 52-week low of $12.91 on elevated volume (9.0× avg).

Summary

Travere Therapeutics announced the FDA extended the review of its sNDA for FILSPARI in FSGS to April 13, 2026, following a Major Amendment submission for clinical benefit characterization.


Key Events · Product Development and Regulatory · TVTX

  • FDA Review Extended for FILSPARI in FSGS

    The U.S. Food and Drug Administration (FDA) has extended the review timeline for Travere Therapeutics' supplemental New Drug Application (sNDA) for FILSPARI® (sparsentan) in focal segmental glomerulosclerosis (FSGS).

  • New PDUFA Target Action Date Set

    The new Prescription Drug User Fee Act (PDUFA) target action date for the sNDA is now April 13, 2026.

  • Extension Due to Major Amendment

    The extension follows the submission of responses requested by the FDA to further characterize the clinical benefit of FILSPARI, which the FDA determined constituted a Major Amendment to the sNDA.

  • No Safety or Manufacturing Concerns Raised

    The filing explicitly states that no additional information relating to the safety or manufacturing of FILSPARI has been requested by the FDA.


Analysis · TVTX · Life Sciences

The FDA's decision to extend the review period for FILSPARI's supplemental New Drug Application (sNDA) for focal segmental glomerulosclerosis (FSGS) introduces a delay in potential market entry for this first-in-class therapy. While the extension is due to the FDA requiring more data on clinical benefit rather than safety or manufacturing issues, it signals increased scrutiny and pushes back the PDUFA target action date to April 13, 2026. Investors should monitor the company's communication regarding the additional data provided and any further FDA feedback.

How filings like this one have moved

In the 30 days to Oct 3, 2026, 28.9% of the 1666 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.

Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset

At the time of this filing, TVTX was trading at $28.80 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $12.91 to $42.13. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.

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TVTX - Latest Insights

TVTX
Oct 02, 2026, 10:00 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $56.55
Real-time Price: $56.93 info
Change: +$0.380 (+0.67%) info
Market Cap: $5.366B info
TVTX
Sep 21, 2026, 4:10 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $62.63
Real-time Price: $56.93 info
Change: -$5.70 (-9%) info
Market Cap: $5.366B info
TVTX
Aug 04, 2026, 4:45 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $63.55
Real-time Price: $56.93 info
Change: -$6.62 (-10%) info
Market Cap: $5.366B info
TVTX
Aug 04, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $62.00
Real-time Price: $56.93 info
Change: -$5.07 (-8%) info
Market Cap: $5.366B info
TVTX
Jun 03, 2026, 11:36 PM EDT
Source: Asian Corporate Newswire
Importance Score:
9
Price at Filing: $45.20
Real-time Price: $56.93 info
Change: +$11.73 (+26%) info
Market Cap: $5.366B info