Polymarket FDA approves skin cancer vaccine odds
On Polymarket, Yes trades at 67%. The market settles by Dec 31, 2027, and $44 traded in the last 24 hours. Each contract pays $1 if it is right, so 67¢ reads as a 67% chance. We have not matched it to a Kalshi market yet, so there is no second price.
Polymarket · odds · updated
Polymarket odds on every outcome
Chance is each outcome's Yes price on Polymarket. A Yes contract at 42¢ pays $1 if that outcome wins.
How the odds have moved
Polymarket's own series for the outcome the headline prices, from where its history starts; one venue, not a blend.
How this market resolves
Polymarket's own settlement wording, in full. This, not the headline, decides who gets paid.
Show the full rules
This market will resolve to "Yes" if the U.S. Food and Drug Administration (FDA) grants approval of intismeran autogene for any indication by December 31, 2027, 11:59 PM ET. Otherwise, this market will resolve to "No".
Intismeran autogene refers to the individualized neoantigen therapy developed by Moderna and Merck and evaluated in the Phase 3 INTerpath-001 trial (NCT05933577), also known as mRNA-4157 and V940, together with any brand, trade, or nonproprietary name later assigned to that product, as well as any renamed or modified version that the relevant company or the FDA identify as the same product or a direct continuation of the V940/mRNA-4157 program.
Differences in neoantigen composition between patients will not affect resolution. Changes to the product's formulation will not affect resolution, provided the FDA approves the product described above. Approval as part of a combination regimen will qualify. Approval for a narrower population than the one studied in INTerpath-001 will qualify. Approval for an indication other than melanoma will also qualify. Both standard and accelerated approval will qualify.
An approval is defined as: For new drugs: FDA issuance of an approval letter for a New Drug Application (NDA) or Biologics License Application (BLA) For already-marketed drugs seeking new indications: FDA approval of a supplemental NDA (sNDA) or supplemental BLA (sBLA) for the specific indication referenced For generic drugs: FDA approval of an Abbreviated New Drug Application (ANDA) For biosimilars: FDA approval of a 351(k) application
The following constitute qualifying approvals: Standard approval (traditional approval based on clinical benefit), Accelerated approval (based on surrogate endpoints), Approval with Risk Evaluation and Mitigation Strategy (REMS), Approval with restricted distribution or indication limitations, except compassionate use/expanded access programs
The following do not constitute qualifying approvals: Approvable letters that require additional actions before approval Tentative approvals pending patent or exclusivity expiration FDA requests for additional information or studies Extension of Prescription Drug User Fee Act (PDUFA) dates Approval for compassionate use or expanded access programs only Approval only for export or for use outside the United States Emergency Use Authorization (EUA) without full approval Complete Response Letters (CRLs) indicating the application cannot be approved in its current form
If the listed drug is approved before the end of the specified period, the market will resolve to "Yes," regardless of potential Advisory Committee votes against approval or later withdrawal of approval.
Conditional approvals may include post-marketing requirements or commitments and still qualify.
The primary resolution source for this market will be official information from the FDA; however, a consensus of credible reporting may also be used.
Scheduled resolution: Dec 31, 2027.
How to trade this market on Polymarket
- Check your state first. A few states restrict some contracts.
- Open a Polymarket account. Americans trade on Polymarket US. Our Polymarket review covers sign-up and payouts.
- Buy Yes or No at the price shown, 42¢ for September 30, 2027 right now. Each contract pays $1 if you are right.
- Sell any time before it settles, or hold to the result. Polymarket's fees apply to each trade.
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Not on Kalshi here yet: we have not matched this question to a Kalshi market, so there is no second price to compare. Kalshi vs Polymarket compares the two venues.
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Common questions
What are the Polymarket odds on FDA approves skin cancer vaccine?
On Polymarket, Yes trades at 67%. That is a market-implied probability, not a forecast, and it moves as traders buy and sell.
How does this market resolve?
By Polymarket's own settlement rules for this market. Two venues can word the same question differently and settle differently, so read them before you trade.
Is this question on Kalshi too?
We have not matched it to a Kalshi market yet. When we do, both prices appear side by side here.
Can I trade this market in my state?
In most states, yes, on Polymarket US. A few states have acted against some contracts. Check your state first.
How accurate are Polymarket odds?
Often more accurate than polls, though never certain. A price of 70% should lose three times in ten. How accurate prediction markets are has the research.
What does it cost to trade on Polymarket?
A taker fee on most markets, largest near 50¢, and some categories charge nothing. Polymarket's fees has the detail.
