PoA = directional probability band (not FDA guidance).
Rule: FDA decision events get a %; data/webinars/conferences get N/A.

THE FRAME (FEB 23–28): “DATA WEEK + TWO WEEKEND PDUFAs”

This is a stacked tape:

  • Front-half = data + microcaps (FULC, OCUL detail into Macula, INMB webinar).

  • Back-half = two real PDUFAs (Sat Feb 28): $REGN (Dupixent/AFRS) and $ASND ( ▲ 4.42% ) (TransCon CNP).

WEEKEND WALL: WHAT CHANGED

VNDA — $VNDA ( ▲ 41.49% ) | BYSANTI (milsaperidone) | Approved Fri Feb 20 | PoA: N/A (resolved)

Approval removes the “Saturday PDUFA overhang”; positioning shifts to launch timing + differentiation.

THIS WEEK’S HARD EVENTS (IN ORDER)

Tue Feb 24 — FULC — $FULC ( ▼ 1.0% ) | Pociredir (FTX-6058) (SCD) | 12-week data call (8:00am ET) | PoA: N/A

What to listen for:

  • Durability of HbF induction

  • Safety/tolerability at 20 mg

  • How they frame the next trial’s “reg path” (VOC endpoints eventually matter)

Wed Feb 25 — ETON — $ETON ( ▲ 1.95% ) | ET-600 (desmopressin oral solution) | PDUFA | PoA: 85

Clean approval-style setup; mostly label/CMC execution risk.

Feb 25–28 — OCUL — $OCUL ( ▲ 8.1% ) | AXPAXLI (wet AMD) | Macula Society detail window | PoA: N/A

Topline already printed; the stock now trades dataset shape:

  • Durability / interval flexibility

  • Vision vs anatomy split

  • Safety narrative vs anti-VEGF standard

  • Subgroups that change addressable population

Thu Feb 26 — INMB — $INMB ( ▼ 3.82% ) | CORDStrom (RDEB) | MissionEB webinar (1:00pm ET) | PoA: N/A

Expect headline risk if they show new deltas (or if framing shifts from “symptom relief” → “systemic disease modifying”).

Fri Feb 27 — TARA — $TARA ( ▲ 8.63% ) | TARA-002 (NMIBC) | ASCO GU Poster Session B | PoA: N/A

What matters:

  • Patient evaluable set cleanliness

  • CR/durability language (especially BCG-unresponsive)

  • Safety narrative consistency

SATURDAY PDUFAs (EFFECTIVELY FRIDAY-CLOSE TRADE)

Sat Feb 28 — REGN — $REGN ( ▲ 0.8% ) | Dupixent (AFRS) | PDUFA | PoA: 87

Mostly a label scope event. (Watch for any unexpectedly narrow population wording.)

Sat Feb 28 — ASND — $ASND ( ▲ 4.42% ) | TransCon CNP (achondroplasia) | PDUFA | PoA: 85

Trades as label + launch posture plus any post-marketing terms.

Trade note: even though the dates are Saturday, the market typically treats these as Friday-close outcomes (rare weekend exceptions).

ANY-DAY-NOW WILDCARDS (FEB TIMING, NOT DAY-CERTAIN)

GOSS / XOMA — $GOSS ( ▼ 80.13% ) / $XOMA ( ▼ 1.9% ) | Seralutinib (PROSERA) | Phase 3 topline expected in Feb | PoA: N/A

Headline risk any day until month-end.

CAPR — $CAPR ( ▼ 2.25% ) | Deramiocel (DMD) | BLA update/submission window (Feb) | PoA: N/A

Not an approval event yet—this is process/clock setup for a future FDA action date.

WEEKLY CALENDAR (ONE SCREEN, WITH PoA)

Date

Ticker

Catalyst

PoA

Tue Feb 24

12-week data call — Pociredir (FTX-6058)

N/A

Wed Feb 25

PDUFA — ET-600 desmopressin oral solution

85

Feb 25–28

Macula Society detail window (SOL-1)

N/A

Thu Feb 26

MissionEB webinar (CORDStrom/RDEB)

N/A

Fri Feb 27

ASCO GU Poster Session B

N/A

Sat Feb 28

PDUFA — Dupixent (AFRS)

87

Sat Feb 28

PDUFA — TransCon CNP

85

Feb (TBD)

PROSERA Phase 3 topline expected

N/A

Feb (TBD)

BLA update/submission window

N/A

WEEKLY POSTURE (ONE PARAGRAPH)

Highest volatility sits Tue (FULC) and conference narrative into Macula (OCUL); the cleanest binary clock is ETON Wed, and the week resolves with the REGN + ASND Saturday PDUFAs (effectively Friday-close).

Tools we use: Market Chameleon (options/IV + unusual activity). We may earn a commission at no extra cost to you.
Disclaimer: informational only; not investment advice; biotech carries risk of total loss.

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