The Committee considered the economic analysis presented by the manufacturer and noted that the manufacturer's base-case analysis suggested that the ICER for infliximab relative to ciclosporin was £18,400 per QALY gained. However, the Committee also noted that when the ERG made corrections to the model and excluded the study they considered inappropriate from the analysis of the effectiveness of ciclosporin for the first 3 months, the ICER rose to £48,400 per QALY gained. The Committee observed that in this analysis, the estimate of the colectomy rate during months 4 to 12 following ciclosporin treatment had been taken from the study that had been excluded. The Committee was aware that there was no alternative estimate of this parameter and therefore considered the effect that varying this parameter had on the estimate of effectiveness. They noted sensitivity analyses presented by the manufacturer showing that when a high value of the colectomy rate was assumed (0.48), the ICER for infliximab versus ciclosporin was reduced (£9,300 per QALY) and conversely when a low value was assumed (0.143) the ICER increased (£52,000 per QALY). The Committee considered that it was extremely unlikely that the colectomy rate during months 4 to 12 would be as high as 0.48, recalling their earlier discussions with the clinical experts that suggested that those patients who did not respond to ciclosporin would be likely to have a colectomy within the first few weeks following presentation. The Committee agreed that the lower estimates of colectomy rate during months 4 to 12 were more likely, and that the ERG reanalysis giving an ICER of £48,400 per QALY represented the best available reflection of the cost effectiveness of infliximab relative to ciclosporin.