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Source document· October 8, 2026

U.S. FDA Accepts Bayer’s Supplemental New Drug Application for KERENDIA® (finerenone) to Treat Adults with Chronic Kidney Disease (CKD) Without Diabetes

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U.S…
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  • The FDA accepted the company's sNDA for KERENDIA, which is being investigated for treatment of adults with CKD without diabetes receiving background standard of care.

    60% confidence
  • KERENDIA met the primary endpoint in FIND-CKD, significantly reducing eGFR slope decline versus placebo.

    60% confidence
  • The safety profile of KERENDIA was consistent with prior Phase III studies; serious adverse events were similar between KERENDIA and placebo (20.9% and 21.2%).

    60% confidence
  • An estimated 50% to 70% of people with CKD do not have diabetes, and 63% of those who progress to end-stage kidney disease in the U.S. do not have diabetes.

    60% confidence
  • KERENDIA is FDA-approved to reduce the risk of sustained eGFR decline, ESKD, CV death, non-fatal MI and HF hospitalization in adults with CKD associated with T2D; to reduce UACR in CKD associated with T1D; and to reduce CV death, HF hospitalization and urgent HF visits in HF with LVEF ≥40%.

    60% confidence
  • KERENDIA showed a statistically significant reduction versus placebo in risk of a secondary composite endpoint of kidney failure, sustained eGFR decrease ≥57%, hospitalization for heart failure or cardiovascular death.

    60% confidence
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Q4 2026 Oncology Data Season and Biotech Capital Allocation: ESMO Readouts, Ivonescimab PDUFA, and Diverging Corporate Moves
Late-2026 biotech is driven by a dense catalyst calendar. ESMO 2026 delivers data from ivonescimab, Enhertu, R-DXd and bemarituzumab, and the FDA has set a 14 Nov PDUFA date for the ivonescimab BLA. Capital allocation is diverging. Krystal Biotech authorized a $400M buyback while lowering FY2026 spend guidance and pushing milestones into 2027. Spago is moving to delist from Nasdaq First North. The facts are clinical and corporate events, not AI or fintech, so the finance angle is limited to capital markets (buybacks, guidance, delistings, regulatory timelines).
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High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Ford Motor Company
Both facts give cash for Ford Motor Company at the same point in time (2025-12-31; FY 2025 year-end and Q4 2025 year-end are the same date). Both are labelled USD, but the values are 23,356,000,000 and 23.356, which cannot both be true in USD. The two numbers agree once the second is read as billions (23.356 bn = 23,356,000,000), so the economic content is consistent and the conflict is a unit/scale error in the Q4 2025 record. The period is not the reason for the conflict: a Q4 and an FY figure at the same year-end date should match.
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U.S. FDA Accepts Bayer’s Supplemental New Drug Application for KERENDIA® (finerenone) to Treat Adults with Chronic Kidney Disease (CKD) Without Diabetes — Source | Via News | ViaNews EU