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Donepezil, rivastigmine, galantamine and memantine for ...

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132<br />

Economic analysis<br />

4. The model estimates of cost-effectiveness are<br />

driven by relatively high estimates <strong>for</strong><br />

utility/QALY gains (compared with published<br />

literature <strong>and</strong> other industry submissions), an<br />

incremental gain of 0.0862, but it is difficult to<br />

adjust this in a simple SHTAC analysis as it is<br />

generated from an equation (predicting a<br />

1-point change in MMSE results in a difference<br />

of 0.03 QALY). SHTAC have crudely altered<br />

this equation so that the active coefficient of<br />

0.029793 is divided by two, i.e. a 1-point<br />

change in MMSE reflects a utility change of<br />

0.015; this results in a prediction of a lower<br />

level of utility per change in MMSE, <strong>and</strong> results<br />

in an incremental QALY gain (base case) of<br />

0.0431, essentially halving the benefits seen in<br />

the base case industry analysis. This SHTAC<br />

alteration is experimental <strong>and</strong> illustrative only,<br />

<strong>and</strong> has no statistical grounding. However,<br />

given that the utility gains in the model are<br />

based on differences in MMSE between<br />

treatment groups, as shown in Table 51<br />

[commercial/academic confidential<br />

in<strong>for</strong>mation removed], we note that at 2 years<br />

(already 47% dropout in <strong>rivastigmine</strong> trial) the<br />

difference in MMSE is 1.4 points, reflecting a<br />

utility difference of 0.041 on the QALY 0–1<br />

scale. (For justification of the cost assumptions<br />

<strong>for</strong> SHTAC parameters, see the text<br />

accompanying the SHTAC model on<br />

pp. 123–4.)<br />

Galantamine – SHTAC adjustments to industry<br />

model<br />

Where SHTAC have used the industry model<br />

with alternative assumptions <strong>for</strong> cost inputs <strong>and</strong><br />

time frame, it results in a cost per QALY of<br />

£49,000, <strong>for</strong> the <strong>galantamine</strong> 24-mg dose (all<br />

other functions in the model remain the same as<br />

in the manufacturer’s analysis <strong>and</strong> no re-wiring<br />

of the model has been undertaken). With<br />

additional assumptions to reflect a higher<br />

mortality rate, we may expect a higher cost per<br />

QALY estimate.<br />

Adjustments made by SHTAC to industry base<br />

case model inputs:<br />

1. Time frame set at 5 years (base case at<br />

[commercial/academic confidential<br />

in<strong>for</strong>mation removed].<br />

2. Cost per month <strong>for</strong> pre-FTC set to £328 (base<br />

case at [commercial/academic confidential<br />

in<strong>for</strong>mation removed]).<br />

3. Cost per month <strong>for</strong> FTC community remains<br />

the same at [commercial/academic<br />

confidential in<strong>for</strong>mation removed].<br />

4. Cost per month <strong>for</strong> FTC institution set at £937<br />

(base case at [commercial/academic<br />

confidential in<strong>for</strong>mation removed]).<br />

5. Drug cost increased by £0.60 per day (base case<br />

at [commercial/academic confidential<br />

in<strong>for</strong>mation removed]) to allow <strong>for</strong> an additional<br />

monitoring cost of £219 per year (i.e. two<br />

additional outpatient visits, expected to cost<br />

£216 per year). (For justification of these<br />

alternative SHTAC parameters see the text<br />

accompanying the SHTAC model on<br />

pp. 123–4.)<br />

Where only time frame is altered to 5 years from<br />

the industry base case of [commercial/academic<br />

confidential in<strong>for</strong>mation removed], all other<br />

settings as industry base case, the cost per QALY is<br />

£17,385.<br />

Comparison of SHTAC model <strong>and</strong><br />

analysis with industry cost-effectiveness<br />

analysis<br />

Concerns that the methods currently available to<br />

model disease progression in AD are suboptimal<br />

have been highlighted above, <strong>and</strong> a critical review<br />

of the industry models has been provided.<br />

Nevertheless, a model, similar to that used in the<br />

industry submission <strong>for</strong> <strong>galantamine</strong>, has been<br />

developed to consider the cost-effectiveness of<br />

donepezil, <strong>rivastigmine</strong> <strong>and</strong> <strong>galantamine</strong> in the<br />

treatment of mild to moderately severe AD,<br />

comparing these treatments against usual care.<br />

The model allows consideration of the three drugs<br />

when similar methodology <strong>and</strong> cost inputs have<br />

been used. The results are generally similar across<br />

the three drugs (i.e. high cost-effectiveness<br />

estimates), with differences by drug treatment<br />

driven by the differences in the reported ADAScog<br />

effectiveness measure used from the clinical<br />

review presented in Chapter 4, together with<br />

differences in product price.<br />

The cost-effectiveness findings in the current<br />

review are markedly different to the published<br />

literature <strong>and</strong> also different to those findings<br />

presented to NICE within industry submissions.<br />

The published literature is almost entirely<br />

comprised of industry-funded studies, <strong>and</strong> many<br />

of the studies are presented from a societal<br />

perspective, including patient <strong>and</strong> caregiver costs<br />

outside of the NICE perspective (i.e. NHS <strong>and</strong><br />

PSS). The literature <strong>and</strong> the industry submissions<br />

are largely driven by optimistic differences in<br />

effectiveness of treatment, compared with usual<br />

care, using either unpublished transition<br />

probabilities from clinical trials or effectiveness<br />

findings that are uncertain in the context of the

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