Nerandomilast, with a PDUFA date of Q4 2025, leads the potential breakthrough therapies, with inhaled treprostinil and admilparant advancing quickly behind.
Idiopathic pulmonary fibrosis (IPF) remains a progressive and fatal lung disease with few effective therapies and a poor prognosis. At the time of diagnosis, most individuals have a median survival rate of 3 to 4 years. The 5-year survival rate ranges from 20% to 40%.1
For the approximately 50,000 new cases diagnosed annually in the US,1 currently approved treatments, nintedanib (Ofev; Boehringer Ingelheim) and pirfenidone (Esbriet; Genentech), only modestly slow disease progression and both pose significant tolerability issues, underscoring the urgent need for new approaches. In 2025, multiple investigational drugs are advancing through late-stage trials, offering potential breakthroughs for patients in the near future.
Boehringer Ingelheim’s nerandomilast, an oral phosphodiesterase-4B (PDE4B) inhibitor, has emerged as the leading candidate for IPF management after completing the phase 3 FIBRONEER-ILD trial.2 The drug significantly slowed lung function decline in participants with IPF compared with placebo and showed a favorable safety profile and convenient dosing. The FDA recently granted priority review to the New Drug Application for nerandomilast and currently there is a Prescription Drug User Fee Act (PDUFA) decision expected in Q4 2025.3
If approved, nerandomilast would be the first novel therapy for IPF more than a decade.
Admilparant, a lysophosphatidic acid receptor 1 (LPA1) antagonist, significantly delayed time to disease progression over 26 weeks vs placebo in a phase 2 randomized controlled trial.4 LPA1 activation, a distinct mechanism of action, is associated with fibroblast recruitment, activation/proliferation, and survival, as well as epithelial cell apoptosis, all drivers of progressive lung fibrosis.
Based on the phase 2 trial success, Bristol Myers Squibb is advancing admilparant through phase 3 clinical trials (ALOFT-IPF) set to complete in October 2026.4
United Therapeutics’ treprostinil (Tyvaso), already approved for pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD), is under review for broader IPF use. Results from the phase 3 TETON-2 trial demonstrated a placebo-adjusted absolute forced vital capacity (FVC) improvement of 95.6 mL at week 52 in IPF patients without pulmonary hypertension.5 Eligible participants who complete TETON-2 can enroll in the TETON-OLE open label extension study evaluating the long-term safety and tolerability of nebulized treprostinil in fibrotic lung disease.5
Additional TETON-2 study results will be presented at the European Respiratory Society Congress in Amsterdam on September 28, 2025. The data, along with results from the ongoing TETON-1 study, will support a supplemental New Drug Application to the FDA.5
The IPF pipeline has seen challenges, including FibroGen’s pamrevlumab and Pliant Therapeutics’ bexotegrast, which failed to meet primary endpoints in phase 3 and phase 2b/3 trials, respectively.
With near-term regulatory decisions on deck for nerandomilast and inhaled treprostinil and admilparant progressing to phase 3 investigation, 2025 has the potential to shift the tides toward more effective and patient-acceptable care for people with IPF.