Rare Disease · United States · In-Market

US Hereditary Angioedema Pricing Strategy Model

Lanadelumab lists near $450,000 a year against berotralstat's roughly $95,000, and ICER's 2021 fair-value benchmark for berotralstat lands almost exactly on that list price. The three 2025 entrants carry no ICER anchor of their own.

6-sheet modelTwo-tier ICER benchmarkIn-MarketUpdated Q3 2026
Market United States United Kingdom GCC (Gulf) Stage
The Landscape

Lanadelumab prices near $450,000 a year and berotralstat near $95,000; ICER's fair-value benchmark for berotralstat lands almost exactly on its own list price, leaving three 2025 entrants with no anchor of their own.

US HAE prophylaxis pricing splits along the same route-of-administration line that defines the competitive class. Lanadelumab (Takhzyro), the subcutaneous anti-kallikrein antibody with roughly 45% prophylaxis share, carries a WAC near $450,000 per patient per year. Berotralstat (Orladeyo), the oral once-daily kallikrein inhibitor with roughly 20% share, prices near $95,000. ICER assessed both agents, first in a 2018 Final Evidence Report and again in a 2021 real-world-evidence update, and set value-based fair-value benchmarks below list price in each case. Berotralstat's benchmark sits almost exactly at its own $95,000 list price, the tightest list-to-benchmark gap in the class; lanadelumab's benchmark sits further below its roughly $450,000 list, a wider gap payers already use as a rebate-negotiation lever.

Three 2025 entrants, garadacimab (Andembry), donidalorsen (Dawnzera) and the first oral on-demand agent sebetralstat (Ekterly), launched without a dedicated ICER review. Each must argue its value position against the existing lanadelumab/berotralstat benchmark set, and payers already apply specialty-tier prior authorization identically across the class regardless of ICER coverage: diagnosis confirmation via C4 and C1-INH testing, an allergist or immunologist prescriber, and documented failure of prior therapy. Benefit routing then splits the class again. Subcutaneous and intravenous agents run through the medical benefit; oral berotralstat runs through the pharmacy benefit, an asymmetry that shapes patient out-of-pocket cost independent of list price, and that any new entrant's GTN model has to route correctly from day one.

~$450K
Lanadelumab (Takhzyro) US WAC per patient per year, the injectable-antibody price anchor
~$95K
Berotralstat (Orladeyo) US WAC per patient per year, sitting almost exactly on ICER's 2021 fair-value benchmark for the drug
2018 & 2021
ICER HAE assessment years; only lanadelumab and berotralstat carry a dedicated fair-value benchmark
3 agents
2025 entrants (garadacimab, donidalorsen, sebetralstat) pricing without a dedicated ICER review of their own
PRICE LADDER MECHANICS

US HAE pricing — the ICER list-to-benchmark gap by agent

AgentUS WAC/yrICER Fair-Value BenchmarkBenefit Route
Takhzyro (lanadelumab)~$450,000Below list (2018/2021 ICER)Medical
Orladeyo (berotralstat)~$95,000Near list — tightest gap in class (2021 ICER)Pharmacy
Andembry / Dawnzera / Ekterly (2025 entrants)Not ICER-benchmarkedNo dedicated review; argued vs existing setMedical (Andembry/Dawnzera) · Pharmacy (Ekterly)

Sources: ICER 2018 Final Evidence Report on HAE prophylaxis; ICER 2021 real-world-evidence update; FDA Drugs@FDA and FDA Orphan Drug database; Prime Therapeutics HAE cost-of-care analyses; US commercial payer specialty-pharmacy coverage policies.

Commercial Questions

What this model answers

Every section answers a named commercial question your team is asking, scoped to your asset.

01
Why does berotralstat's ICER fair-value benchmark sit almost exactly on its own list price while lanadelumab's benchmark sits well below its list, and what does that mean for rebate negotiation?

Delivers

  • ICER 2018 and 2021 fair-value benchmarks by agent
  • the list-to-benchmark gap as a negotiation lever
  • benchmark-setting methodology specific to HAE prophylaxis
02
How should a 2025 entrant price against a benchmark set built for a different mechanism, when no dedicated ICER review exists yet?

Delivers

  • Garadacimab, donidalorsen and sebetralstat's positioning against the lanadelumab/berotralstat benchmark
  • the argument structure payers will expect
  • scenario pricing ahead of a future ICER review
03
How does medical-versus-pharmacy benefit routing change the out-of-pocket and GTN picture across the HAE class?

Delivers

  • Benefit-routing map by agent
  • OOP asymmetry mechanics
  • GTN waterfall construction for a new entrant depending on route

Custom model delivered in 72 hours.

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Contents

What's inside

Rare Disease · 24–32 pp · In-Market · Analyst report + Excel model + PowerPoint readout

1 The Binding Constraint 2 pp
  • Why the ICER list-to-benchmark gap, not list price alone, decides the pricing conversation
  • Pressure-tested against the lanadelumab/berotralstat precedent before the model is built out
2 Price Ladder — Injectable-Antibody vs Oral Tier 3 pp
  • Lanadelumab, garadacimab and donidalorsen WAC positioning
  • Berotralstat and sebetralstat's oral-tier pricing logic
3 ICER 2018 & 2021 Fair-Value Benchmarks 3 pp
  • Benchmark methodology and the list-to-benchmark gap by agent
  • Where the 2025 entrants sit without a dedicated review
4 Benefit Routing — Medical vs Pharmacy & GTN Waterfall 3 pp
  • Route-of-administration determines benefit channel and OOP exposure
  • GTN waterfall construction by benefit type
5 Specialty-Tier PA Criteria & Rebate Negotiation Leverage 3 pp
  • Diagnosis-confirmation and prior-therapy-failure criteria common across the class
  • Where the list-to-benchmark gap is used in rebate negotiation
6 Launch Pricing Scenarios for a New Entrant 4 pp
  • Conservative, base and aggressive pricing scenarios against the existing benchmark set
  • Sensitivity to a future dedicated ICER review
7 Client Alignment Questions 2 pp
  • The open pricing questions your team must close before launch price is locked
  • Structured for an internal pricing committee session
Appendix and source ledger included · 45-minute analyst readout included with delivery
Formats

Included with every brief

PDF
PDF Brief
Pricing Strategy Brief — Complete Edition
PDF methodology brief accompanying the 6-sheet pricing model: price ladder, ICER benchmarks, benefit routing and GTN waterfall for HAE US.
XLS
Excel Model
Pricing Strategy Model — Excel
6-sheet editable model: Price Ladder, ICER Benchmark Comparison, Benefit-Routing GTN Waterfall, Launch Scenarios, Sensitivity, Sources.
Methodology

How AXLRx builds this model

Prepared by MoatRx analysts.

Every AXLRx pricing model is built from primary regulatory and HTA sources (FDA, ICER) and live payer policy documentation, not secondary summaries. Findings are independently verified before inclusion.

US HAE pricing sources: the ICER 2018 Final Evidence Report and 2021 real-world-evidence update, FDA Drugs@FDA and the FDA Orphan Drug database, Prime Therapeutics HAE cost-of-care analyses, and current US commercial payer specialty-pharmacy coverage policies.

  • Lanadelumab and berotralstat WAC figures verified against Prime Therapeutics / ICER published cost analyses
  • ICER fair-value benchmark methodology and list-to-benchmark gap verified against the ICER 2018 Final Evidence Report and 2021 real-world-evidence update
  • Benefit-routing split (medical vs pharmacy) and specialty-tier PA criteria verified against current US commercial payer coverage policy documents
FAQ

Frequently asked questions

Deliverables
What formats are included with every model?
Every commissioned Pricing Strategy Model includes an editable 6-sheet Excel model (Price Ladder, ICER Benchmark Comparison, Benefit-Routing GTN Waterfall, Launch Scenarios, Sensitivity, Sources) and a PDF methodology brief, no PowerPoint deck, since a pricing model is built to be worked in directly. An optional 45-minute analyst readout call is included.
Sources
How is the pricing evidence verified?
AXLRx builds from primary sources only: ICER evidence reports, FDA regulatory records, and live payer coverage policy documents. No secondary summaries or market research reports. Every reference price and benchmark is independently verified before inclusion.
Customisation
Can I model a specific payer segment or comparator set?
Yes. The intake form captures your indication, target payer segment, comparator class, and WTP threshold. A scoping call confirms scope before research starts. Commission via the intake form to start.
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AXLRx delivers US HAE pricing strategy models built for pricing and market access teams navigating the ICER benchmark gap and the medical-versus-pharmacy benefit split. Custom model in 72 hours.

1
Submit your request

Specify your indication, payer segment, and comparator scope.

2
Scoping call

AXLRx analyst confirms pricing mechanism assumptions and benchmark scope before building.

3
Delivery

Research-verified pricing model in 72 hours with optional analyst readout.