Cost-Effectiveness Analysis of Nivolumab Plus Relatlimab (NIVO+RELA) Versus Nivolumab Monotherapy (NIVO) for Patients With Advanced Melanoma in the Netherlands

Author(s)

Foo J1, Najlerahim S2, McDonald L2, Stevanovic J1, Pompen M1, Roberts S3, Baginska B4, Tokarz A4, de Lacey T5, Novak A6
1Bristol Myers Squibb, Utrecht, Netherlands, 2Bristol Myers Squibb, Uxbridge, UK, 3Parexel, London, London, UK, 4Parexel, Krakow, Poland, 5Parexel, HEOR Modeling, London, UK, 6Anovak Services, Apeldoorn, Netherlands

OBJECTIVES: To evaluate the cost-effectiveness of fixed-dose combination NIVO+RELA versus NIVO monotherapy as first-line (1L) treatment for advanced melanoma in the population of the Netherlands with PDL-1 <1% from a societal perspective.

METHODS: A 3-state partitioned-survival model was developed using efficacy, safety, and utility data from the Phase III RELATIVITY-47 trial with a minimum follow-up of 8.7 months for overall survival (OS). OS and progression-free survival (PFS) were extrapolated over a 40-year time horizon using parametric models for both treatment arms using within trial analysis. All costs were Netherlands-specific (2023 Euros) with an annual discount rate of 4% for costs and 1.5% for outcomes. In addition to medical costs, costs for transportation, informal care and productivity loss were applied to capture the full societal benefit of treatment. Outcomes were quality-adjusted life years (QALYs), total cost, and incremental cost-utility ratios (ICUR). Sensitivity analyses were conducted to assess the model’s robustness.

RESULTS: Mean QALYs were 7.72 for NIVO+RELA and 6.22 for NIVO yielding an incremental benefit of 1.50 QALYs for NIVO+RELA. Total costs for NIVO+RELA were €231,435 and 163,186 for NIVO, with incremental costs of 68,249 for NIVO+RELA. The ICUR was 43,802/QALY. PSA results were stable with 1000 iterations. NIVO+RELA remained cost-effective in scenario analyses, indicating model results were robust to alternative assumptions.

CONCLUSIONS: In conclusion, our study presents compelling modeling evidence supporting the cost-effectiveness of NIVO+RELA as a valuable addition to the first-line treatment options for advanced melanoma in PD-L1 < 1% patients in the Netherlands. With an ICUR of €42,734/QALY, our findings indicate that this combination therapy falls well below the unofficial cost-effectiveness threshold of €80,000/QALY. Nevertheless, it is important to interpret these results with caution due to absence of details surrounding the confidential prices for NIVO, where national financial arrangements are currently in place.

Conference/Value in Health Info

2023-11, ISPOR Europe 2023, Copenhagen, Denmark

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

Code

EE383

Topic

Economic Evaluation

Topic Subcategory

Cost-comparison, Effectiveness, Utility, Benefit Analysis

Disease

Oncology

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