When will the FDA reclassify BPC-157 to Category 1?

As of Tue, 20 Oct 2026 11:22:28 UTC, Kalshi traders price Before 2027 (30.0%), Before November (14.0%). The market has $111K in volume and closes on Fri, 01 Jan 2027.

Updated:

Current odds

OutcomeChanceYes priceNo price
Before 202730.0%30.0¢70.0¢
Before November14.0%14.0¢86.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for Before 2027:

If the FDA announces Reclassification of BPC-157 to Category 1 of the Bulk Drug Substances List before Jan 1, 2027, then the market resolves to Yes. The Payout Criterion is satisfied by placement of BPC-157 in either Category 1 or Category 1 Bulk Drug Substances Under Evaluation on the 503A Bulk Drug Substances list, as either designation restores compounding eligibility. Removal from Category 2 alone, without placement in Category 1, does not satisfy the Payout Criterion.

Sources

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