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FDA Committee Approves Pharmacy Compounding of Six Peptides, $2-3B Opportunity

7/26/2026

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Story summary
  • Secretary Robert F. Kennedy Jr. convened the FDA advisory committee, which on July 23-24, 2026 voted to permit pharmacies to produce six of seven peptides.
  • The vote split by appointment date, with April-May appointees supporting and members opposing.
  • FDA staff warned the peptides lack safety and efficacy data, noting the agency cannot set guardrails.
  • Analysts estimate legalizing peptide compounding could generate a $2-$3 billion market for firms like Hims & Hers.