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FDA approves Retatrutide this year Odds

Polymarket traders give No a 98% chance.

Polymarket Volume $599K 24h $1.1K Liquidity $10.6K Ends Jan 1, 2027 Updated Nov 8, 6:00 AM EST
OutcomeChanceOdds24h
Yes
2% +5163 —
No
98% -5163 —

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Price history

0% 25% 50% 75% 100% Oct 16 Nov 4
FDA approves Retatrutide this year?

On Kalshi

The same question also trades on Kalshi. Check the resolution rules before comparing prices: small wording differences change what pays out.

Will the FDA approve retatrutide? · retatrutide (LY3437943)
Before Jan 1, 20272% —
Before Jul 1, 202721% —
Before Jan 1, 202856% —
Before Jul 1, 202885% —
Kalshi $74 24h · $10.7K vol

Resolution rules

Retatrutide is a triple agonist hormone/peptide drug developed by Eli Lilly and currently in trial to treat obesity, fatty liver disease, type-2 diabetes, knee osteoarthritis, and more. This market will resolve to "Yes" if the U.S. Food and Drug Administration (FDA) grants a full or conditional approval for Eli Lilly’s for a drug product whose active ingredient is Eli Lilly’s retatrutide (including any brand name or identifier such as LY3437943) for any use between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No." An approval is defined as: For new drugs: FDA issuance of an approval letter for a New Drug Application (NDA) or Biologics License Application (BLA) For already-marketed drugs seeking new indications: FDA approval of a supplemental NDA (sNDA) or supplemental BLA (sBLA) for the specific indication referenced For generic drugs: FDA approval of an Abbreviated New Drug Application (ANDA) For biosimilars: FDA approval of a 351(k) application The following constitute qualifying approvals: Standard approval (traditional approval based on clinical benefit), Accelerated approval (based on surrogate endpoints), Approval with Risk Evaluation and Mitigation Strategy (REMS), Approval with restricted distribution or indication limitations, except compassionate use/expanded access programs The following do not constitute qualifying approvals: Approvable letters that require additional actions before approval Tentative approvals pending patent or exclusivity expiration FDA requests for additional information or studies Extension of Prescription Drug User Fee Amendments dates Approval for compassionate use or expanded access programs only Approval only for export or for use outside the United States Emergency Use Authorization (EUA) without full approval Complete Response Letters (CRLs) indicating the application cannot be approved in its current form If the listed drug is approved within this market’s timeframe, the market will resolve to "Yes," regardless of potential Advisory Committee votes against approval or later withdrawal of approval. Conditional approvals may include post-marketing requirements or commitments and still qualify. The primary resolution source will be official information from the FDA; however, a consensus of credible reporting will also be used.

Source: Polymarket. The venue's rules are final.

FAQ

What are the odds of "FDA approves Retatrutide this year"?

As of Nov 8, 6:00 AM EST, traders on Polymarket price No at 98%, about -5163 in American odds. Prices move with every trade.

How are prediction market odds calculated?

Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.

When does this market close?

Polymarket lists Jan 1, 2027 as the end date. It can close earlier if the outcome is decided.

Where can I trade on FDA approves Retatrutide this year?

This market trades on Polymarket and a matching market trades on Kalshi. Availability depends on where you live: Kalshi is a CFTC-regulated US exchange, while Polymarket's international site isn't available to US users (Polymarket US is a separate app). You must be 18 or older.