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September 14, 2026PharmacoEconomics - OpenOpen Access

Threshold Price of Belantamab for Relapsed/Refractory Multiple Myeloma in China: A Cost-Effectiveness Analysis

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Authors

XZXiaotong ZhangXXXiaoxuan XingZWZhizhou Wang

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Overview

Randomized trial evaluation reveals a threshold price of US$5.73/mg for belantamab in relapsed or refractory multiple myeloma, indicating a ninety-eight percent price reduction is required.

Key Points

  • To estimate the value-based threshold price of belantamab plus bortezomib and dexamethasone compared with daratumumab plus bortezomib and dexamethasone for relapsed or refractory multiple myeloma.
  • Constructed a three-state partitioned survival model over a lifetime horizon utilizing clinical efficacy data from the DREAMM-7 interventional trial (NCT04246047).
  • Incorporated drug acquisition and administration, subsequent treatments, disease monitoring, and adverse event costs alongside published health utility values, discounted at 4.5% annually.
  • Conducted probabilistic sensitivity analysis using 10,000 Monte Carlo simulations at a willingness-to-pay threshold of twice the projected 2025 GDP per capita (US$29,444 per quality-adjusted life year).
  • Belantamab plus bortezomib and dexamethasone (BVd) generated 6.15 QALYs compared with 4.51 QALYs for daratumumab plus bortezomib and dexamethasone (DVd).
  • The probabilistic mean threshold price for belantamab was US$5.73/mg (95% CrI 2.16–8.89) at the US$29,444/QALY willingness-to-pay threshold.
  • Achieving cost-effectiveness at the specified threshold requires an approximate 98% price reduction relative to the United States list price.

Cite This Study

Zhang et al. (2026) studied this question.

synapsesocial.com/papers/6aa7b3580926e14a848b223ahttps://doi.org/10.1007/s41669-026-00681-8
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