STOCK TITAN

PolyPid Announces FDA Acceptance of NDA with Priority Review for D-PLEX₁₀₀

(Moderate)
(Very Positive)

PolyPid (Nasdaq: PYPD) reported that the U.S. FDA has accepted for filing and granted Priority Review to its NDA for D-PLEX₁₀₀ to prevent surgical site infections in patients undergoing abdominal colorectal surgery. The FDA set a PDUFA target action date of November 28, 2026, roughly one quarter earlier than PolyPid’s prior first-quarter 2027 guidance, and identified no filing review issues. Priority Review shortens the target review timeline from ten months to about six months.

According to PolyPid, NDA acceptance triggers a $15 million milestone payment from its U.S. and Canada commercial partner Azurity Pharmaceuticals, completing $30 million in upfront and near-term milestones under their exclusive commercialization agreement. D-PLEX₁₀₀ previously met primary and key secondary endpoints in the Phase 3 SHIELD II trial, including a 60% relative risk reduction in SSI incidence, and has Breakthrough Therapy Designation for prevention of SSIs in elective colorectal surgery.

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Positive

  • Priority Review granted for D-PLEX₁₀₀ NDA with 28 Nov 2026 PDUFA date
  • FDA identified no filing review issues for the D-PLEX₁₀₀ NDA
  • NDA acceptance triggers $15 million milestone from Azurity, completing $30 million upfront and near-term payments
  • Phase 3 SHIELD II showed 60% SSI relative risk reduction (p=0.0013) in large-incision abdominal colorectal surgery
  • D-PLEX₁₀₀ has FDA Breakthrough Therapy Designation for SSI prevention in elective colorectal surgery

Negative

  • None.

Market Context

The clinical-trial-tagged history contains four aligned positive reactions and one divergence, inclu...
Analysis

The clinical-trial-tagged history contains four aligned positive reactions and one divergence, including 7.42% and -3.28%. The platform comparison adds historical dispersion, while low short positioning remains a relevant risk context.

Key Figures

PDUFA Target Action Date: November 28, 2026 Milestone Payment: $15 million Upfront and Near-Term Payments: $30 million +4 more
7 metrics
PDUFA Target Action Date November 28, 2026 D-PLEX100 NDA
Milestone Payment $15 million Triggered by FDA acceptance
Upfront and Near-Term Payments $30 million Under the Azurity partnership
FDA Review Timeline 10 months to approximately 6 months Priority Review
Local Drug Release 30 days D-PLEX100 at the surgical site
Relative Risk Reduction 60% Phase 3 SHIELD II secondary endpoint
P-value p=0.0013 Phase 3 SHIELD II secondary endpoint

Previous Clinical trial Reports

5 past events · Latest: Jun 01 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 01 NDA submission Positive +7.4% Completed rolling NDA submission backed by Phase 3 efficacy results
Apr 28 Clinical data presentation Positive -3.3% Presented SHIELD II severity analysis and previously reported SSI reduction
Apr 13 Phase 3 data Positive +2.1% Reported sustained local doxycycline release with minimal systemic exposure
Mar 31 NDA initiation Positive +4.0% Initiated rolling FDA submission after positive Phase 3 results
Mar 17 PDUFA fee waiver Positive +3.6% Received FDA fee waiver while advancing the rolling NDA submission

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The selected clinical-trial history showed mostly positive alignment, with one divergence.

Key Terms

pdufa, new drug application, priority review, breakthrough therapy designation
4 terms
pdufa regulatory
"PDUFA target action date of November 28, 2026"
PDUFA is the Prescription Drug User Fee Act, the U.S. law under which drug companies pay fees that fund the FDA's review of new medicines. In company news the term usually appears as the PDUFA date, the target deadline by which the FDA aims to decide on a drug application; that date tells investors when to expect the approval or rejection decision for the product.
new drug application regulatory
"accepted for filing the New Drug Application"
A new drug application is a formal request submitted to government regulators seeking approval to market a new medicine. It is like a detailed proposal that shows the drug has been tested for safety and effectiveness. For investors, receiving approval signals that the drug may soon become available for sale, potentially leading to revenue growth and impacting the company's value.
priority review regulatory
"granted the NDA a Priority Review for D-PLEX100"
Priority review is a regulatory fast-track that shortens the time an agency spends evaluating a drug, vaccine or medical device application so a decision comes sooner than normal. For investors, it matters because a faster review is like an express lane to market: it can speed revenue potential and reduce regulatory uncertainty, but it does not guarantee approval and still requires the product to meet safety and effectiveness standards.
breakthrough therapy designation regulatory
"received Breakthrough Therapy Designation from the U.S. Food and Drug Administration"
A breakthrough therapy designation is a regulatory fast-track given to a drug or treatment that shows early signs of providing a major improvement over existing options for a serious condition. Think of it as a VIP lane that can speed up development and more intensive guidance from regulators, which matters to investors because it can shorten time to market, reduce development risk and potentially increase a company’s value — though it does not guarantee approval.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PDUFA target action date of November 28, 2026, approximately one quarter ahead of Company’s previously communicated guidance

FDA identified no Filing review issues

Acceptance triggers $15 million milestone payment, completing $30 million in upfront and near-term milestone payments under recently announced U.S. and Canada commercialization partnership

PETACH TIKVA, Israel, July 29, 2026 (GLOBE NEWSWIRE) -- PolyPid Ltd. (Nasdaq: PYPD) ("PolyPid" or the "Company"), an innovative biopharmaceutical company dedicated to elevating treatment effectiveness, right where care begins, today announced that the U.S. Food and Drug Administration ("FDA") has accepted for filing the New Drug Application ("NDA") and granted the NDA a Priority Review for D-PLEX100 for the prevention of surgical site infections ("SSIs") in patients undergoing abdominal colorectal surgery. The FDA did not identify any filing review issues and set a Prescription Drug User Fee Act ("PDUFA") target action date of November 28, 2026, approximately one quarter ahead of the Company’s previously communicated first quarter 2027 guidance. Priority Review shortens the FDA’s target review timeline from ten months to approximately six months.

"The FDA’s acceptance of our NDA with Priority Review, arriving with no filing review issues and an accelerated action date, is a defining regulatory milestone for PolyPid in our development of D-PLEX100 as a potential new option to patients for the prevention of surgical site infections, pending the outcome of FDA’s review," said Dikla Czaczkes Akselbrad, Chief Executive Officer of PolyPid. "We believe this outcome reflects the quality of our regulatory submission and the rigor of our development program for D-PLEX100. Together with our commercial partner Azurity, we are fully aligned on supporting the Agency’s review, and on bringing D-PLEX100, if approved, as a new option to patients for the prevention of SSIs following abdominal colorectal surgery."

The FDA’s acceptance of the NDA triggers a $15 million milestone payment from Azurity Pharmaceuticals ("Azurity"), completing the $30 million in upfront and near-term milestone payments previously announced under the exclusive commercial partnership signed on July 17, 2026.

The Company will continue to support the FDA’s review of the NDA through the November 28, 2026 PDUFA action date, ahead of a potential U.S. commercial launch of D-PLEX100 by Azurity in early 2027.

About D-PLEX100
D-PLEX100, PolyPid’s lead product candidate, is designed to provide local prolonged and controlled anti-bacterial activity directly at the surgical site  with the goal of preventing abdominal surgical site infections (“SSIs”). Following the administration of D-PLEX100 into the surgical site, PolyPid’s delivery technology, Kynatrix, is designed to pair with Active Pharmaceutical Ingredients, enabling a prolonged and continuous release of the broad-spectrum antibiotic doxycycline, resulting in a high local concentration of the drug for a period of 30 days for the prevention of SSIs, with additional potential to prevent SSIs caused by antibiotic-resistant bacteria at the surgical site. In the Phase 3 SHIELD II trial, D-PLEX100 recently demonstrated positive results in achieving its primary end point and a 60% (p= 0.0013) relative risk reduction at the secondary end point in SSI incidence following abdominal colorectal surgery with large incisions. D-PLEX100 received Breakthrough Therapy Designation from the U.S. Food and Drug Administration for the prevention of SSIs in patients undergoing elective colorectal surgery.

About PolyPid
PolyPid Ltd. (Nasdaq: PYPD) is an innovative biopharmaceutical company dedicated to elevating treatment effectiveness, right where care begins. The Company develops long-acting, controlled-release drugs designed to deliver therapy precisely at the site of care, addressing critical unmet medical needs across a wide and diverse pipeline spanning surgical care, metabolic diseases, and beyond. PolyPid’s lead product, D-PLEX₁₀₀, successfully met its primary and all key secondary endpoints in the landmark Phase 3 SHIELD II trial for the prevention of surgical site infections. Guided by a commitment to precision and innovation, PolyPid is redefining how therapies perform and raise the standard of patient care. For additional Company information, please visit http://www.polypid.com and follow us on Twitter (X) and LinkedIn.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses the anticipated timing of the FDA's review and potential approval of the D-PLEX₁₀₀ NDA, the PDUFA target action date, the potential impact of Priority Review on the FDA's review timeline, D-PLEX100 as a potential new option to patients for the prevention of surgical site infections, pending the outcome of FDA’s review, and the Company's and Azurity's expectations regarding the timing of a potential U.S. commercial launch of D-PLEX₁₀₀. Forward-looking statements are not historical facts, and are based upon management's current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management's expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission, including, but not limited to, the risks detailed in the Company's Annual Report on Form 20-F filed on February 25, 2026. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. PolyPid is not responsible for the contents of third-party websites.

Company Contact:
PolyPid Ltd.
Ori Warshavsky
908-858-5995
IR@Polypid.com

Investor Relations Contact:
Arx Investor Relations
North American Equities Desk
polypid@arxhq.com


FAQ

What did the FDA decide about PolyPid (PYPD) D-PLEX₁₀₀ NDA in July 2026?

The FDA accepted PolyPid’s NDA for D-PLEX₁₀₀ and granted Priority Review. According to PolyPid, the application covers prevention of surgical site infections in abdominal colorectal surgery and faces a shortened review timeline compared with a standard review.

What is the PDUFA target action date for PolyPid (PYPD) D-PLEX₁₀₀?

The PDUFA target action date for D-PLEX₁₀₀ is November 28, 2026. According to PolyPid, this is about one quarter earlier than its previously communicated first-quarter 2027 timing, reflecting the Priority Review designation.

How does FDA Priority Review affect PolyPid (PYPD) D-PLEX₁₀₀ approval timeline?

Priority Review shortens the FDA’s target review time for D-PLEX₁₀₀ from about ten to roughly six months. According to PolyPid, this accelerates the potential U.S. decision on SSI prevention in abdominal colorectal surgery.

What milestone payments does PolyPid (PYPD) receive after D-PLEX₁₀₀ NDA acceptance?

NDA acceptance triggers a $15 million milestone payment from Azurity Pharmaceuticals. According to PolyPid, this completes $30 million in upfront and near-term milestones under their exclusive U.S. and Canada commercialization partnership signed on July 17, 2026.

What were the key Phase 3 SHIELD II results for PolyPid (PYPD) D-PLEX₁₀₀?

D-PLEX₁₀₀ met its primary and all key secondary endpoints in SHIELD II. According to PolyPid, it achieved a 60% relative risk reduction (p=0.0013) in surgical site infection incidence after abdominal colorectal surgery with large incisions.

What is D-PLEX₁₀₀ and how is it designed to work, according to PolyPid (PYPD)?

D-PLEX₁₀₀ is a locally applied, long-acting doxycycline-based product candidate. According to PolyPid, its Kynatrix technology enables prolonged, controlled antibiotic release at the surgical site for about 30 days to help prevent abdominal surgical site infections, including from resistant bacteria.

What role will Azurity Pharmaceuticals play in PolyPid (PYPD) D-PLEX₁₀₀ commercialization?

Azurity holds exclusive commercialization rights for D-PLEX₁₀₀ in the U.S. and Canada. According to PolyPid, Azurity is expected to lead a potential U.S. launch of D-PLEX₁₀₀ after FDA review, potentially in early 2027 if approved.