CompetitionCompetitor KALV’s Ekterly has a head start as the only approved oral option for acute hereditary angioedema, which could limit the market opportunity for PHVS's drug.
Market ChallengesOral competitor BCRX’s Orladeyo, approved in 2020, has a significant head start in the prophylactic market, which could limit PHVS's usage to treatment failures.
Market ValuationThe current valuation assumes significant value for upcoming acute HAE data, but there is still a need for de-risking the prophylactic opportunity.