Budget-Impact Analysis of Encorafenib with Binimetinib for Unresectable or Metastatic Melanoma in BRAFV600-Mutated Patients in an Argentinian Social Security Payer Setting

Author(s)

Vega C1, Rey Ares L2, Correa Zeballos G3, Ascarate MP3, Macadam P4, Jorgensen N4
1Pfizer, Tigre, B, Argentina, 2Pfizer, Villa Adelina, B, Argentina, 3Pfizer, Buenos Aires, Argentina, 4Soul Healthcare Consulting, Buenos Aires Capital, B, Argentina

OBJECTIVES: This study aimed to describe the budget impact of incorporating encorafenib with binimetinib (a BRAF-MEK inhibitor approach) for the treatment of irresectable or metastatic melanoma in BRAFV600 mutated adult patients from a Social Security perspective in Argentina.

METHODS: The budget-impact analysis was estimated using the social-security health subsystem perspective over three years. The model compared two scenarios: a reference scenario including all the currently available systemic treatments, such as anti-PD-1 and anti-CTL4 monoclonal antibodies and other BRAF-MEK inhibitors; and a new scenario reflecting the availability of encorafenib+binimetinib. Healthcare cost parameters were expressed in 2023 US dollars (average exchange rate: $185, Jan 2023).

RESULTS: The incorporation of encorafenib+binimetinib for the treatment of unresectable or metastatic melanoma in BRAFV600-mutated patients was associated with total savings of USD $3,063,994 for social security. The number of candidate patients was estimated at 342 for the 3 years. Considering the market shares assumed, 60 (18%) of them would be receiving encorafenib+binimetinib treatment in total (treatment duration of 12 months on average), starting at 8 patients in the first year, 17 the second year and reaching 35 in the third year. Savings are mainly explained by the lower acquisition costs of encorafenib+binimetinib compared to its comparators and disease progression costs, representing up to USD $1261 saved per treated patient per month in the last year of this analysis.

CONCLUSIONS: the incorporation of encorafenib+binimetinib for the treatment of irresectable or metastatic melanoma in BRAFV600 mutated adult patients results in cost savings to the Social Security system.

Conference/Value in Health Info

2023-11, ISPOR Europe 2023, Copenhagen, Denmark

Value in Health, Volume 26, Issue 11, S2 (December 2023)

Code

EE380

Topic

Economic Evaluation

Topic Subcategory

Budget Impact Analysis

Disease

No Additional Disease & Conditions/Specialized Treatment Areas, Oncology

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