Cost implications of new treatments for advanced colorectal cancer |
| |
Authors: | Yu‐Ning Wong MD MSCE Neal J. Meropol MD William Speier MSE Daniel Sargent PhD Richard M. Goldberg MD J. Robert Beck MD |
| |
Affiliation: | 1. Department of Medical Oncology, Fox Chase Cancer Center, Philadelphia, Pennsylvania;2. Center for Clinical Epidemiology and Biostatistics, University of Pennsylvania, Philadelphia, Pennsylvania;3. Leonard Davis Institute of Health Economics, University of Pennsylvania, Philadelphia, Pennsylvania;4. Fax: (215) 728‐3639;5. Center for Bioethics, University of Pennsylvania, Philadelphia, Pennsylvania;6. Department of Bioinformatics, Johns Hopkins University, Baltimore, Maryland;7. Department of Biostatistics, Mayo Clinic, Rochester, Minnesota;8. Department of Medical Oncology, University of North Carolina, Chapel Hill, North Carolina;9. Department of Population Science, Fox Chase Cancer Center, Philadelphia, Pennsylvania |
| |
Abstract: | BACKGROUND: Since 1996, 6 new drugs have been introduced for the treatment of metastatic colorectal cancer. Although they are promising, these drugs frequently are given in the palliative and are much more expensive than older treatments. The objective of the current study was to measure the cost implications of treatment with sequential regimens that include chemotherapy and/or monoclonal antibodies. METHODS: A Markov model was used to evaluate a hypothetical cohort of 1000 patients with newly diagnosed, metastatic colorectal cancer. Patients supposedly received up to 3 lines of treatment before supportive care and subsequent death. Data were obtained from published, multicenter phase 2 and randomized phase 3 clinical trials. Sensitivity analyses were conducted on the efficacy, toxicity, and cost. RESULTS: Using drug costs alone, treatment that included new chemotherapeutic agents increased survival at an incremental cost‐effectiveness ratio (ICER) of $100,000 per discounted life‐year (DLY). The addition of monoclonal antibodies improved survival at an ICER of >$170,000 per DLY. The results were most sensitive to changes in the initial regimen. Even with significant improvements in clinical characteristics (efficacy and toxicity), treatment with the most effective regimens still had very high ICERs. CONCLUSIONS: Treatment of metastatic colorectal cancer with the most effective regimens came at very high incremental costs. The authors concluded that cost‐effectiveness analyses should be a routine component of the drug‐development process, so that physicians and patients are informed appropriately regarding the value of new innovations. Cancer 2009. © 2009 American Cancer Society. |
| |
Keywords: | cost‐effectiveness incremental cost‐effectiveness ratio monoclonal antibodies Monte Carlo simulation metastatic colorectal cancer palliative chemotherapy |
|
|