This review summarizes the cystic fibrosis (CF) drug pipeline, highlighting highly effective modulator therapy (HEMT) that has improved lung function and life expectancy, with median predicted survival now 52 years. It also covers emerging RNA-based and gene therapies targeting the ~10% of patients not eligible for HEMT, as well as novel antimicrobials like phage therapy and anti-inflammatory agents. The clinical significance lies in the shift from symptomatic treatment to disease-modifying and potentially curative strategies.