Tracking FDA Priority Review Voucher (PRV) issuances, sales, redemptions and other FDA/Biotech news.

Joined January 2025
most people in biotech don't even know the PRV exists, but the data are there for anyone who's curious 📊👀 at the current clearing price of ~$200M, it now pays to invest in rare disease drug development the demand for PRVs is going up because pharma is hungry for blockbusters
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PRV Watch retweeted
Following President Trump’s directive to accelerate medical treatments for serious mental illnesses, FDA announced major steps to support the development of serotonin-2A agonists & related products—a class of medications historically referred to as "psychedelic" drugs. ✅ National priority vouchers for psilocybin (for treatment-resistant depression and major depressive disorder) ✅ National priority voucher for methylone (for post-traumatic stress disorder) ✅ First-ever noribogaine study authorized for alcohol use disorder ✅ Advancing guidance for sponsors developing these products Learn more: fda.gov/news-events/press-an…
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Every minute the Priority Review Voucher program remains expired means lost hope for children with rare diseases. Together with @alliancerm and over 60 CEOs at the forefront of rare disease innovation, the RDCC urges Congress to reauthorize this vital program.
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Thank you @DrMakaryFDA for reiterating support for the rare pediatric disease PRV program, a vital incentive that spurs innovation for children living with a rare disease. We are grateful for your recognition of the rare disease community as a top priority for the Administration.
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As @DukeFuqua professor Dr. David Ridley points out, the Priority Review Voucher program is a critical tool for rare disease innovators. Every minute the PRV program remains expired, we risk losing out on life-saving treatments. Congress must reauthorize this important program.
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RDCC was back on Capitol Hill! Leaders from @argenxglobal, @Ultragenyx, @alexionpharmaus, and @bridgebiopharma advocated for the reauthorization of the PRV program. Congress must act now to pass the Give Kids a Chance Act. The #raredisease community can’t afford to wait.
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Leaders from RDCC member companies, including @Neurocrine, @BridgeBioPharma, and @Stoketx, were on Capitol Hill this week, advocating for the reauthorization of the PRV program. The PRV program is a proven policy - Congress must act now to pass the Give Kids a Chance Act.
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