Rare Disease · United States · In-Market

US Myasthenia Gravis Payer & HTA

ICER priced efgartigimod's value at $18,300 to $28,400 a year, under half its ~$418,400 launch cost, and that gap is hardening into a three-tier FcRn-to-C5 step-edit across US commercial plans.

ICER 2021 gMG reviewFcRn → C5 step-editCycle dosing ~$225K/yr netUpdated Q3 2026
Market United States United Kingdom GCC (Gulf) Stage
The Landscape

US gMG payer policy is converging on an FcRn-to-C5 step-edit — and efgartigimod's cycle dosing makes annual cost a moving target payers manage per cycle.

Commercial plans are building a three-tier access staircase in generalised myasthenia gravis. Tier one is traditional therapy — pyridostigmine plus at least one immunosuppressant (azathioprine, mycophenolate, or prednisone). Failure of that regimen opens tier two, the FcRn antagonists efgartigimod and rozanolixizumab, which carry broad generalised-MG labels with no serology restriction. Tier three is the C5 complement inhibitors, which require AChR-antibody positivity and, at many plans, prior failure or intolerance of an FcRn agent. ICER's 2021 review, which assessed eculizumab and efgartigimod in the anti-AChR-antibody-positive population, set efgartigimod's value-based price benchmark at $18,300–$28,400 a year and eculizumab's at $13,200–$19,400, far below their assumed prices (efgartigimod ~$418,400; eculizumab $470,200 WAC), both of which ICER judged 'low' long-term value for money.

Efgartigimod's cycle-dosing model is the distinctive payer-economics feature: four weekly infusions per cycle, with cycle frequency driven by clinical response. Annual cost therefore varies with the number of cycles a patient needs, with typical net annual cost reported near $225,000. Some plans also require prior authorisation and MG-ADL or QMG documentation at each cycle rather than annually, adding administrative burden. UCB's dual-asset position (rozanolixizumab on the FcRn tier, zilucoplan on the C5 tier) means UCB benefits from whichever sequence a payer imposes — a novel commercial architecture as the FcRn-to-C5 step-edit hardens plan by plan.

3-tier
access staircase: traditional immunosuppression → FcRn antagonist → C5 inhibitor · commercial PA policy review 2024
$18–28K
efgartigimod ICER value-based price benchmark ($18,300–$28,400/yr) — vs a ~$418,400 assumed price ICER judged 'low' value · ICER 2021 gMG report
~$225K
efgartigimod typical annual net cost; varies with cycle count · trade press 2023
PAYER LANDSCAPE

US gMG agent payer status — benefit routing, PA criteria and key risk

Drug (Brand / INN)Benefit RoutingPA Criteria (Commercial)ICER 2021 StatusKey Payer Risk
Vyvgart Hytrulo (efgartigimod, SC)Part B (SC, physician-administered)Pyridostigmine + ≥1 immunosuppressant failure; generalised MG; no serology restrictionPriced ~$418K vs ICER value-based price $18–28K/yr ('low' value)Cycle-dosing cost variability (~$225K/yr net); per-cycle PA burden
Rystiggo (rozanolixizumab, SC)Part B (SC)Same immunosuppressant-failure step-edit; AChR+ or MuSK+Not assessed in ICER 2021 review (approved 2023)No standardised efgartigimod-vs-rozanolixizumab preference; both tier 2 specialty
Zilbrysq (zilucoplan, SC)Part B (SC self-injection)AChR-antibody positive required; IST failure; FcRn failure at many plansNot assessed in ICER 2021 review (approved 2023)AChR+ restriction limits population; FcRn step-edit precedes C5
Soliris (eculizumab, IV)Part B (IV infusion)AChR+ refractory gMG; IST failureICER value-based price $13.2–19.4K/yr vs $470,200 WAC ('low' value)Higher site-of-care cost; displacement by SC C5 self-injection
Ultomiris (ravulizumab, IV)Part B (IV infusion)AChR+ refractory gMG; IST failureNot assessed in ICER 2021 review (approved 2022)High Part B spend; long-acting IV vs SC C5 competition

Sources: ICER 2021 — Eculizumab and Efgartigimod for the Treatment of Myasthenia Gravis: Final Evidence Report (Oct 20, 2021); FDA Drugs@FDA (label serology restrictions); efgartigimod net-price reporting in trade press 2023; commercial payer PA policy documents 2024.

Commercial Questions

What this assessment answers

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

01
How did ICER 2021 assess the FcRn and C5 classes in gMG, and how are payers using it in rebate negotiation?

Delivers

  • ICER value-based price benchmarks for efgartigimod ($18,300–$28,400/yr) and eculizumab ($13,200–$19,400/yr)
  • the gap between benchmark and launch/WAC price
  • ICER as the gross-to-net negotiation anchor
02
What is the emerging FcRn-to-C5 step-edit architecture, and what PA criteria define each tier?

Delivers

  • The three-tier staircase (immunosuppression → FcRn → C5)
  • immunosuppressant-failure documentation requirements
  • AChR-antibody positivity and FcRn-failure gates for the C5 class
03
How does efgartigimod's cycle dosing change payer economics versus weekly and fixed-schedule competitors?

Delivers

  • Per-cycle vs annual PA workflows
  • how cycle count drives annual cost (typical net ~$225K)
  • MG-ADL/QMG documentation at cycle renewal
  • comparison with rozanolixizumab weekly dosing and C5 site-of-care costs

Custom assessment 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 US Payer Landscape Overview — gMG Coverage Architecture 4 pp
  • How pyridostigmine plus immunosuppressant failure opens access to Vyvgart and Rystiggo before C5 inhibitors are considered.
  • Why Medicare Part B benefit routing shapes site-of-care costs across all five gMG specialty therapies reviewed.
2 ICER 2021 gMG Assessment — FcRn & C5 Value 5 pp
  • Why ICER priced efgartigimod's value at $18,300-$28,400 a year against a roughly $418,400 assumed launch price.
  • How eculizumab's $13,200-$19,400 ICER benchmark compares to its $470,200 WAC, both rated 'low' long-term value.
3 The FcRn-to-C5 Step-Edit Architecture 5 pp
  • How the three-tier staircase moves patients from immunosuppression to FcRn antagonists to AChR-positive C5 inhibitors.
  • Why zilucoplan's PA criteria require both AChR-antibody positivity and prior FcRn failure at many commercial plans.
4 Efgartigimod Cycle-Dosing Economics 4 pp
  • How four weekly infusions per cycle make efgartigimod's annual cost variable, averaging near $225,000 net.
  • Why per-cycle MG-ADL or QMG documentation requirements add administrative burden beyond standard annual PA renewal.
5 Commercial Payer PA Criteria — Top 5 US Payers 5 pp
  • How PA criteria differ across Vyvgart Hytrulo, Rystiggo, Zilbrysq, Soliris, and Ultomiris in serology and step-edit requirements.
  • Why no standardised preference exists between efgartigimod and rozanolixizumab despite both sitting on the FcRn tier.
6 UCB Dual-Asset Payer Dynamics 3 pp
  • How UCB's rozanolixizumab and zilucoplan pairing captures share regardless of which FcRn-to-C5 sequence a payer sets.
  • Why holding both an FcRn asset and a C5 asset shields UCB from step-edit sequencing risk entirely.
Appendix and source ledger included · 45-minute analyst readout included with delivery
Formats

Included with every brief

PDF
PDF Brief
Myasthenia Gravis Payer & HTA Assessment — US Complete Edition
25–30 page payer brief: US coverage architecture, ICER 2021 assessment, the FcRn-to-C5 step-edit, cycle-dosing economics, and PA criteria.
XLS
Excel Model
Payer Coverage Grid — Excel
Drug-by-drug benefit routing, PA criteria, ICER status, and serology gates for US gMG agents in editable Excel format.
PPT
PowerPoint
Executive Readout — PowerPoint
12–15 slide readout deck for commercial team presentations, formatted to AXLRx design standards.
Methodology

How AXLRx builds this assessment

Prepared by MoatRx analysts.

Every AXLRx assessment is built from primary regulatory sources (FDA Drugs@FDA, ClinicalTrials.gov), peer-reviewed literature, and live payer and HTA documentation — not secondary summaries, market-research reports, or unverified estimates. Findings are independently verified before inclusion; if a figure cannot be sourced to a live record, it does not ship.

US Myasthenia Gravis Payer & HTA sources: the ICER 2021 Final Evidence Report on eculizumab and efgartigimod for generalised myasthenia gravis (value-based price benchmarks; published October 20, 2021), FDA Drugs@FDA labelling for serology-restricted indications, efgartigimod net-price reporting in trade press, and current commercial payer prior-authorisation coverage policies.

  • Efgartigimod ($18,300–$28,400/yr) and eculizumab ($13,200–$19,400/yr) value-based price benchmarks verified against the ICER 2021 gMG Final Evidence Report (Oct 20, 2021)
  • C5 inhibitor AChR-antibody-positive label restriction verified against FDA Drugs@FDA
  • Efgartigimod cycle-dosing schedule verified against FDA label; typical annual net cost per trade-press reporting
  • Step-edit and PA criteria verified against current commercial payer coverage policy documents
FAQ

Frequently asked questions

Access
What is the emerging step-edit structure for gMG drugs in US commercial plans?
Plans are converging on a three-tier staircase. Tier one is pyridostigmine plus at least one immunosuppressant (azathioprine, mycophenolate, or prednisone). Failure opens tier two, the FcRn antagonists efgartigimod and rozanolixizumab, which have broad generalised-MG labels. Tier three is the C5 complement inhibitors (zilucoplan, eculizumab, ravulizumab), which require AChR-antibody positivity and, at many plans, prior FcRn failure or intolerance.
Economics
Why does efgartigimod's cycle dosing complicate payer coverage?
Efgartigimod is given as four weekly infusions per cycle, with cycle frequency driven by clinical response rather than a fixed schedule. Annual cost therefore varies with the number of cycles a patient needs, with typical net annual cost reported near $225,000. Some plans require prior authorisation and MG-ADL or QMG documentation at each cycle rather than annually — adding administrative burden and making annual spend a moving target. ICER's 2021 review set efgartigimod's value-based price at $18,300–$28,400 a year, far below its ~$418,400 assumed launch price, which ICER judged 'low' long-term value for money.
Deliverables
What formats are included with every assessment?
Every commissioned assessment includes three deliverables: a 20–30 page PDF analyst assessment with verified sources and exhibit tables, an editable Excel model, and a 10–15 slide PowerPoint readout deck. An optional 60-minute analyst readout call is included with all deliveries.
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AXLRx US Myasthenia Gravis Payer & HTA is built for market access, HEOR, and pricing teams navigating ICER positioning, the FcRn-to-C5 step-edit, and cycle-dosing economics in the US gMG market. Custom assessment in 72 hours.

1
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2
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3
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