When will the FDA reclassify BPC 157 to Category 1 Octagon AI FDA moves toward easing restrictions on certain peptides BioPharma Dive The FDA scheduled a hearing on peptides and the implications could be significant for prescribers and Some peptides are FDA approved drugs. Some are legal supplements. Some are neither. The same word, peptide, covers all three categories. The regulatory status of the specific compound is what determines legality. of the Federal Food, Drug, and Cosmetic Act (FDCA).*