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BridgeBio (NASDAQ: BBIO) files NDA as encaleret hits Phase 3 goals in ADH1

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(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

BridgeBio Pharma has submitted a New Drug Application (NDA) to the FDA for encaleret as a targeted treatment for autosomal dominant hypocalcemia type 1 (ADH1). In the Phase 3 CALIBRATE trial, encaleret met all pre-specified primary and key secondary efficacy endpoints.

At Week 24, 76% of participants on encaleret achieved both serum and urine calcium within target ranges, compared with 4% on conventional therapy at Week 4 (p<0.0001). The company states that encaleret may be eligible for priority review and that it anticipates a potential U.S. launch in early 2027, if approved.

BridgeBio plans additional regulatory and development steps, including a Marketing Authorization Application to the EMA for ADH1 in the second half of 2026, ongoing enrollment of the CALIBRATE-PEDS pediatric ADH1 study, and initiation of the -HP Phase 3 study in chronic hypoparathyroidism in Summer 2026. Encaleret has Fast Track and Orphan Drug designations in multiple regions.

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Insights

NDA filing for encaleret marks a key regulatory milestone in a rare endocrine disease.

BridgeBio has advanced encaleret to an NDA for ADH1 after the Phase 3 CALIBRATE trial met all pre-specified primary and key secondary endpoints. Efficacy data show 76% of treated patients reached both serum and urine calcium targets versus 4% on conventional therapy, with strong statistical significance (p<0.0001).

The company highlights encaleret as a potential first therapy specifically indicated for ADH1 and notes Fast Track and Orphan Drug designations, which can support review efficiency and potential market exclusivity. It also points to nearly 2,000 diagnosed U.S. autosomal dominant hypocalcemia cases, indicating an identified rare-disease population.

Future value depends on regulatory outcomes and execution of planned studies: a possible U.S. launch in early 2027 if approved, an EMA Marketing Authorization Application in the second half of 2026, pediatric ADH1 development through CALIBRATE-PEDS, and the planned -HP Phase 3 in chronic hypoparathyroidism starting in Summer 2026. Clinical and regulatory updates will determine how much of the outlined opportunity materializes.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Efficacy rate on encaleret 76% of participants Achieved serum and urine calcium within target ranges at Week 24 in CALIBRATE
Efficacy rate on conventional therapy 4% of participants Achieved serum and urine calcium targets at Week 4 on conventional therapy
Statistical significance p<0.0001 Comparison of encaleret vs conventional therapy in CALIBRATE primary results
Diagnosed U.S. autosomal dominant hypocalcemia cases Nearly 2,000 individuals Diagnosed since October 2023 based on claims data
Planned EMA MAA timing Second half of 2026 Intended Marketing Authorization Application for encaleret in ADH1
Planned -HP Phase 3 start Summer 2026 Global Phase 3 encaleret study in chronic hypoparathyroidism
Anticipated U.S. launch Early 2027 BridgeBio’s stated expectation for encaleret in ADH1, if approved
New Drug Application (NDA) regulatory
"announced the submission of its New Drug Application (NDA) to the FDA for encaleret"
A new drug application (NDA) is a formal request submitted to regulatory authorities to gain approval for a new medication to be sold and used by the public. It is a comprehensive review process that examines the drug’s safety, effectiveness, and manufacturing quality. For investors, an NDA approval can signal a potential breakthrough product and influence a company's stock value.
autosomal dominant hypocalcemia type 1 (ADH1) medical
"targeted treatment for autosomal dominant hypocalcemia type 1 (ADH1)"
chronic hypoparathyroidism medical
"Phase 3 clinical study of encaleret in chronic hypoparathyroidism in Summer 2026"
Fast Track Designation regulatory
"Encaleret has been granted Fast Track Designation by the U.S. FDA"
A "fast track designation" is a process that speeds up the review and approval of a product or project, allowing it to reach the market or be completed more quickly than usual. For investors, it can signal that a product may become available sooner, potentially leading to earlier revenue or benefits, and indicating a priority status that might influence company performance and market opportunities.
Orphan Drug Designation regulatory
"Orphan Drug Designation in the U.S., European Union, and Japan"
Orphan drug designation is a special status given to medicines developed to treat rare diseases affecting only a small number of people. This status often provides benefits like faster approval processes and financial incentives, making it more attractive for companies to develop these drugs. For investors, it signals potential for exclusive market rights and reduced competition, which can impact the drug’s profitability.
Marketing Authorization Application (MAA) regulatory
"intends to submit a Marketing Authorization Application (MAA) to the European Medicines Agency"
A marketing authorization application (MAA) is a formal request submitted to a health regulator asking permission to sell a medicine or medical product in a market. Think of it like applying for a driver's license for a new drug: the regulator checks safety, quality and effectiveness before granting permission. For investors, the MAA stage matters because approval typically unlocks commercial sales and revenue, while rejection or delay creates major value and timing risk.


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________

FORM 8-K
__________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 12, 2026
__________

BridgeBio Pharma, Inc.
(Exact name of Registrant as Specified in Its Charter)
__________

Delaware
001-38959
84-1850815
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

3160 Porter Dr., Suite 250
 
Palo Alto, CA
94304
(Address of Principal Executive Offices)
(Zip Code)

Registrant’s Telephone Number, Including Area Code: (650) 391-9740

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
__________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading
Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
BBIO
The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 



Item 8.01.
Other Events

On May 12, 2026, BridgeBio Pharma, Inc. issued a press release titled “BridgeBio Submits NDA to FDA for Encaleret for Individuals Living with ADH1.” A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01
Financial Statements and Exhibits.

(d)
Exhibits.

Exhibit
Description
   
99.1
Press Release titled “BridgeBio Submits NDA to FDA for Encaleret for Individuals Living with ADH1”
   
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
BridgeBio Pharma, Inc.
       
Date:
May 13, 2026
By:
/s/ Thomas Trimarchi
     
Thomas Trimarchi, Ph.D.
     
President and Chief Financial Officer




Exhibit 99.1

BridgeBio Submits NDA to FDA for Encaleret for Individuals Living with ADH1

- Phase 3 CALIBRATE primary results were presented in an oral presentation at the 2026 ECE, demonstrating the rapid and durable benefit of encaleret across key clinical parameters in ADH1

- All pre-specified primary and key secondary efficacy endpoints were met in the Phase 3 CALIBRATE trial; 76% of participants administered encaleret achieved both serum and urine calcium within the respective target ranges at Week 24 compared to 4% when on conventional therapy at Week 4 (p<0.0001)

- Encaleret may be eligible for priority review; BridgeBio anticipates U.S. launch in early 2027

- If approved, encaleret could be the first approved therapy specifically indicated for individuals living with ADH1

- BridgeBio also intends to initiate the RECLAIM-HP Phase 3 clinical study of encaleret in chronic hypoparathyroidism in Summer 2026

PALO ALTO, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (“BridgeBio” or the “Company”), a commercial-stage, multi-product biopharmaceutical company focused on developing medicines for genetic conditions, today announced the submission of its New Drug Application (NDA) to the FDA for encaleret as a potential targeted treatment for autosomal dominant hypocalcemia type 1 (ADH1).

CALIBRATE, the Phase 3 clinical trial of encaleret in ADH1, successfully achieved all pre-specified primary and key secondary efficacy endpoints, supporting encaleret’s potential as a disease-modifying therapy by targeting the underlying genetic cause of ADH1. The topline results can be found here. Additional positive results were presented at the European Congress of Endocrinology (ECE) 2026 in an oral presentation, with data showing comprehensive normalization of mineral homeostasis.

Primary results of the study include:

76% of participants randomized to encaleret achieved both target serum calcium and urine calcium levels compared to 4.4% of those same individuals while on standard of care (p<0.0001)

Rapid and sustained improvements in calcium metabolism for participants randomized to encaleret, with increases in serum calcium observed by Day 3 and reductions in urine calcium by Week 3, maintained through Week 24

At Week 24, more participants randomized to encaleret achieved both target serum and urine calcium levels than participants who remained on standard of care (76% on encaleret vs. 19% on standard of care; p < 0.0001)
 



Encaleret was observed to restore endogenous parathyroid hormone (91.1% on encaleret vs. 0% of participants on standard of care at Week 24)

Favorable safety and tolerability profile, with no discontinuations in the encaleret arm and low rates of serious adverse events with frequency similar between treatment arms

“These Phase 3 findings are a landmark moment for the autosomal dominant hypocalcemia type 1 community,” said Filomena Cetani, M.D., Ph.D. of the University of Pisa, Italy. “Encaleret not only has the potential to become the first-ever approved therapy for this rare disease, but it does so by addressing the root cause, restoring normal calcium regulation and lowering the risk of renal complications that individuals on current treatment face every day. Together, these findings exemplify what a first-in-class therapy should look like.”

BridgeBio anticipates a U.S. launch in early 2027. Nearly 2,000 individuals have been diagnosed in the U.S. with autosomal dominant hypocalcemia (ADH) since October 2023 based on claims data, suggestive of a growing marketplace and elevated diagnostic suspicion. The Company also intends to submit a Marketing Authorization Application (MAA) to the European Medicines Agency (EMA) for the use of encaleret in ADH1 in the second half of 2026.

BridgeBio is currently enrolling CALIBRATE-PEDS (NCT07080385), a global registrational Phase 2/3 study of encaleret in pediatric ADH1. The Company also plans to initiate RECLAIM-HP, a global Phase 3 study of encaleret in chronic hypoparathyroidism in Summer 2026, building on the Phase 2 proof-of-concept findings of PTH-independent effects of encaleret on renal calcium handling and expanding the potential applications of encaleret beyond ADH1.

About Encaleret
Encaleret is an investigational, orally administered small molecule under investigation to treat ADH1 and chronic hypoparathyroidism, that is designed to selectively negatively modulate the calcium sensing receptor. Encaleret has been granted Fast Track Designation by the U.S. FDA and Orphan Drug Designation in the U.S., European Union, and Japan.

About BridgeBio
BridgeBio exists to develop transformative medicines for genetic conditions. Millions of people worldwide living with genetic conditions lack treatment options, often because drug development for small patient populations can be commercially challenging. We aim to bridge the gap between advancements in genetic science and meaningful medicines for underserved patient populations. Our decentralized, hub-and-spoke model is designed for speed, precision, and scalability. Autonomous and empowered teams focus on individual conditions, while a central hub provides the clinical, regulatory, and commercial capabilities needed to bring innovation to market. For more information, visit bridgebio.com and follow us on LinkedIn, X, Facebook, Instagram, YouTube, and TikTok.
 


BridgeBio Forward-Looking Statements
This press release contains forward-looking statements. Statements in this press release may include statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), which are usually identified by the use of words such as “anticipates,” “believes,” “continues,” “estimates,” “expects,” “hopes,” “intends,” “may,” “plans,” “projects,” “remains,” “seeks,” “should,” “will,” and variations of such words or similar expressions. BridgeBio intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. These forward-looking statements include express and implied statements relating to the Company’s expectations regarding the regulatory review process, potential approval, timing of a potential launch for encaleret in ADH1, potential regulatory submissions outside the United States, including the timing of a potential Marketing Authorization Application submission to the European Medicines Agency for encaleret in ADH1, and the potential market opportunity for encaleret, including the size of the diagnosed patient population and future diagnostic rates; the potential for encaleret to become a disease-modifying therapy by targeting the underlying genetic cause of ADH1 and for it to be the first-ever approved therapy for ADH1; the anticipated regulatory pathway for encaleret; and the Company’s plans and expectations regarding the development of encaleret in additional populations and indications, including pediatric ADH1 and chronic hypoparathyroidism. Such statements reflect the Company’s current views about the Company’s plans, intentions, expectations and strategies, which are based on the information currently available to it and on assumptions the Company has made. Although the Company believes that its plans, intentions, expectations and strategies as reflected in or suggested by those forward-looking statements are reasonable, the Company can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a number of risks, uncertainties and assumptions, including, but not limited to, initial and ongoing data from the Company’s clinical trials not being indicative of final data, the design and success of ongoing and planned clinical trials, future regulatory filings, approvals and/or sales, despite having ongoing and future interactions with the FDA or other regulatory agencies to discuss potential paths to registration for the Company’s product candidates, the FDA, EMA or such other regulatory agencies not agreeing with the Company’s regulatory approval strategies, components of the Company’s filings, such as clinical trial designs, conduct and methodologies, or the sufficiency of data submitted, regulatory submissions for encaleret not being accepted, reviewed or approved on anticipated timelines or at all, encaleret not becoming the first approved therapy specifically indicated for ADH1, estimates regarding the diagnosed patient population, market opportunity and diagnostic trends not proving accurate, the Company’s planned studies, including CALIBRATE-PEDS and RECLAIM-HP, being delayed or not proceeding as expected, the impacts of current macroeconomic and geopolitical events, including changing conditions from hostilities in Ukraine and in Israel and the Middle East, increasing rates of inflation and changing interest rates, on business operations and expectations, as well as those risks set forth in the Risk Factors section of the Company’s most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K and the Company’s other filings with the U.S. Securities and Exchange Commission. Moreover, the Company operates in a very competitive and rapidly changing environment in which new risks emerge from time to time. These forward-looking statements are based upon the current expectations and beliefs of the Company’s management as of the date of this press release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as required by applicable law, BridgeBio assumes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
 


BridgeBio Media Contact:
Bubba Murarka, Executive Vice President
contact@bridgebio.com
(650)-789-8220

BridgeBio Investor Contact:
Chinmay Shukla, Senior Vice President, Strategic Finance
ir@bridgebio.com



FAQ

What did BridgeBio (BBIO) announce regarding encaleret for ADH1?

BridgeBio submitted a New Drug Application to the FDA for encaleret as a targeted treatment for autosomal dominant hypocalcemia type 1. The filing is supported by Phase 3 CALIBRATE data, where encaleret met all primary and key secondary efficacy endpoints in adults with ADH1.

How effective was encaleret in the Phase 3 CALIBRATE trial for ADH1?

Encaleret showed strong efficacy in CALIBRATE, with 76% of participants achieving both serum and urine calcium within target ranges at Week 24. This compares to 4% of participants on conventional therapy at Week 4, with results reported as highly statistically significant (p<0.0001).

When could encaleret potentially launch in the U.S. according to BridgeBio (BBIO)?

BridgeBio states it anticipates a potential U.S. launch of encaleret in early 2027, if the FDA approves the New Drug Application. The company also notes that encaleret may be eligible for priority review, which can shorten the standard regulatory review timeline in some cases.

What additional regulatory plans does BridgeBio (BBIO) have for encaleret?

BridgeBio intends to submit a Marketing Authorization Application to the European Medicines Agency for encaleret in ADH1 in the second half of 2026. The company also plans to expand development into pediatric ADH1 and chronic hypoparathyroidism with dedicated registrational studies.

What future clinical studies of encaleret is BridgeBio (BBIO) planning?

BridgeBio is enrolling CALIBRATE-PEDS, a global Phase 2/3 study in pediatric ADH1, and plans to initiate -HP, a global Phase 3 study in chronic hypoparathyroidism, in Summer 2026. These studies build on Phase 2 findings of PTH-independent effects on renal calcium handling.

What regulatory designations has encaleret received?

Encaleret has Fast Track Designation from the U.S. FDA and Orphan Drug Designation in the United States, European Union, and Japan. These designations are intended for serious or rare conditions and can provide incentives such as regulatory support and potential market exclusivity.

Filing Exhibits & Attachments

4 documents