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KalshiCloses November 1, 2026

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

Before 2027 leads at 45% (about 5 in ten) on Kalshi, as of Oct 15, 16:26 UTC. It's up 15 points in the last 24 hours.

Before 2027 45% ▲ 15 pts · 24h

The odds

as of Oct 15, 16:26 UTC
  • Before 2027 45% +15
  • Before November 13% +4
  • Before September 2% —

Each outcome here is its own yes/no question, so the chances don't add up to 100%.

Traded today$3K
Traded in all$97K
Favourite, 7 days+13 pts

Before 2027, the last 7 days

Kalshi price
25%50%75%Oct 7Oct 1533%

Oct 8: 33% · Oct 9: 32% · Oct 10: 30% · Oct 11: 28% · Oct 12: 20% · Oct 13: 21% · Oct 14: 25% · Oct 15: 33%

How it resolves

Kalshi's rule, word for word
(Each outcome is its own contract. This is the rule for the favourite, Before 2027; the others read the same way with their own outcome.) 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.

Settlement sources: Food and Drug Administration

See it on Kalshi ↗

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