3 The company's submission
The appraisal committee (section 6) considered evidence submitted by Daiichi Sankyo and a review of this submission by the evidence review group (ERG; section 7).
Clinical effectiveness
Overview of clinical trials
3.1
The company did a systematic review of the literature to identify studies evaluating the clinical effectiveness and safety of edoxaban for the treatment and secondary prevention of venous thromboembolism (VTE). It identified 1 relevant randomised clinical trial (Hokusai‑VTE). The company did not find any head‑to‑head studies, so it conducted a network meta‑analysis that compared edoxaban against treatment with rivaroxaban, dabigatran etexilate, and warfarin. The company did not find any relevant non‑randomised studies.
3.2
Hokusai‑VTE was an international (37 countries including the UK) randomised, double‑blind, non‑inferiority trial. It compared initial treatment with heparin followed by edoxaban or warfarin for treating acute symptomatic VTE or preventing symptomatic recurrent VTE. Eligible adults were randomised in a 1:1 ratio with stratification by presenting diagnosis, temporary baseline risk factors (such as trauma, surgery or immobilisation) and the dose of edoxaban (which was reduced for patients with moderate renal impairment, those who were having concomitant treatment with potent permeability glycoprotein [P‑glycoprotein] inhibitors, or those who weighed 60 kg or less). A total of 8,292 patients were randomly assigned to either the edoxaban group (n=4,143) or the warfarin group (n=4,149).
3.3
All patients had initial therapy with open‑label heparin for at least 5 days. Edoxaban or warfarin was administered in a double‑blind, double‑dummy fashion:
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Patients in the edoxaban group had placebo warfarin during initial heparin therapy. After stopping heparin, they continued placebo warfarin (adjusted to maintain a sham international normalised ratio [INR] of 2.0 to 3.0) and started 60 mg of edoxaban once daily (or 30 mg once daily in patients who needed dose reduction at randomisation or during the study).
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Patients in the warfarin group started warfarin during initial heparin therapy. After stopping heparin, they continued warfarin (adjusted to maintain an INR of 2.0 to 3.0) and started placebo edoxaban.
Treatment with edoxaban or warfarin continued for at least 3 months and up to a maximum of 12 months, with treatment duration based on risk of recurrent VTE, risk of bleeding, and patient preference. The company noted that people who stayed in the trial for longer than 3 months were mostly those identified as being at higher risk of recurrence. In both groups, the median duration of treatment was about 260 days (8.5 months). Around 60% of patients had treatment for more than 6 months; 40% of patients continued treatment for 12 months.
3.4
Patient characteristics were similar between the treatment groups: mean age was 56 years, the majority of patients were male (57%) and patient ethnicity was reported as white (70%), Asian (21%), black (4%) or 'other' (5%). A total of 4,921 patients presented with deep vein thrombosis (DVT) only, and 3,319 with pulmonary embolism (PE; with or without DVT).
3.5
The primary efficacy outcome measure in the trial was the incidence of symptomatic recurrent VTE (a composite measure of recurrent DVT, new non‑fatal symptomatic PE, and fatal PE) during the 12‑month study period. Secondary outcomes included clinically relevant bleeding during treatment or within 3 days of interrupting or stopping the study drug (this was referred to by the company as the primary safety outcome; a composite of major bleeding and clinically relevant non‑major bleeding), and a composite clinical efficacy outcome of recurrent VTE and all‑cause mortality during the 12‑month study period.
3.6
The trial included 3 analysis sets (modified intention to treat, per protocol analysis, and safety analysis) and 2 study periods (overall study period and on‑treatment period). The primary efficacy analyses were done in the modified intention to treat population (analyses based on randomised treatment, even if the patient did not receive this) for the overall study period, which included 4,118 patients randomised to edoxaban and 4,122 randomised to warfarin. Summary statistics were provided for the on‑treatment period. The safety population (analyses based on treatment received) was used for outcomes related to safety; this population was identical to the modified intention to treat population, because all patients had the treatment to which they were randomised. The company did pre‑specified subgroup analyses for the primary efficacy outcome for various patient and disease characteristics, including whether the presenting diagnosis was PE with or without DVT (n=1,650 in the edoxaban group; n=1,669 in the warfarin group), or DVT only (n=2,468 in the edoxaban group; n=2,453 in the warfarin group).
Clinical trial results
3.7
The company presented results for the primary efficacy outcome (symptomatic recurrent VTE) using a pre‑specified non‑inferiority margin of 1.5 for the upper 95% confidence interval (CI) of the hazard ratio (HR) (that is, the non‑inferiority analyses demonstrated statistically significant non‑inferiority if the upper boundary of the 95% CI for the outcome was below 1.5). Edoxaban demonstrated statistically significant non‑inferiority for the primary outcome when compared with warfarin (p<0.0001; see tables 1 and 2). Similar results were obtained for the on‑treatment period (HR, 0.82; 95% CI 0.60 to 1.14; p<0.0001 for non‑inferiority).
3.8
Some patients in Hokusai‑VTE completed EuroQoL‑5‑Dimensions (EQ‑5D) assessments and utility scores were determined for all patients using the UK time trade‑off (TTO) value set, at baseline and then at 3‑month intervals. The company reported that the results should be interpreted with caution because data were too limited to compare the effects of edoxaban and warfarin on health‑related quality of life.
Adverse effects of treatment
3.9
The company presented the results of safety analyses, all of which related to adverse events, using the safety analysis set for the on‑treatment population. For the safety outcomes, results included:
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Bleeding (major or clinically relevant non‑major bleeding [CRNM], primary safety outcome): edoxaban was associated with fewer bleeding events (p=0.004 for superiority, see table 3). Major bleeding in critical sites included 5 intracranial haemorrhage events (none of which were fatal) in the edoxaban group, and 18 (6 fatal) in the warfarin group. Major bleeding in non‑critical sites included 27 gastrointestinal tract bleed events (1 fatal) in the edoxaban group and 18 (2 fatal) in the warfarin group.
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Mortality: the rate for VTE‑related death, cardiovascular death and other known causes (cancer, bleeding, infectious disease or other) was 0.8% in both groups (no statistical analyses presented).
Cost effectiveness
3.20
The company identified 12 studies related to the comparators in the scope in its systematic review of cost‑effectiveness analyses. The company found no studies evaluating the cost‑effectiveness of edoxaban for treating and preventing VTE, and developed a new economic model.
3.21
The company developed a Markov model that compared edoxaban with warfarin, rivaroxaban and dabigatran etexilate for the treatment and secondary prevention of an acute VTE event. The model included 12 states representing treatment status (on‑treatment or off‑treatment health states), adverse events (post‑thrombotic syndrome, heparin‑induced thrombocytopenia, VTE recurrence, major bleeding, clinically relevant non‑major bleeding, chronic‑thromboembolic pulmonary hypertension, long‑term chronic thromboembolic pulmonary hypertension, stroke, and post‑stroke) and death. Each model cycle was 2 weeks long; the company stated that this cycle length was used to accurately model the effects of initial heparin for those treatments that needed it (edoxaban and dabigatran etexilate), and to more accurately model the costs and utilities associated with various adverse events represented in the model (which often occur within a short period of time in clinical practice). The company conducted the analysis from the perspective of the NHS and personal social services, and discounted costs and health effects at an annual rate of 3.5%. The model had a lifetime time horizon (maximum 50 years) with 5 key time points (0 to 2 weeks; 2 weeks to 3 months; 4 to 6 months; 7 to 12 months, and 12 months onwards); this allowed the use of different transition probabilities over time in order to capture the change in risk of having an event.
3.22
Patients entered the model in the 'on treatment' health state where they had initial anticoagulation treatment. While having treatment, patients were at risk of having an adverse event and moving to the associated health state. In the adverse event health states of chronic‑thromboembolic pulmonary hypertension and stroke, patients experienced the event and accrued costs and utility values for 1 cycle only. After this, patients moved to post‑chronic thromboembolic pulmonary hypertension and post‑stroke health states. Patients could also only experience heparin‑induced thrombocytopenia, VTE recurrence, and bleeding for 1 cycle. After this, most patients moved back to the on‑treatment health state (that is, restarted their initial anticoagulation treatment), but a proportion of patients moved to the off‑treatment health state. The off‑treatment health state captured patients who had stopped anticoagulation treatment either as a result of an adverse event or because they had reached the end of a specific treatment duration (after 12 months in the base case). Patients could move to a death state at any point in the model.
3.23
Subgroup analyses varied the treatment length (from 12 months in the base case to 3 months, 6 months or lifelong [50 years]) or varied the initial VTE event (PE with or without DVT). The company did not include an analysis for people with active cancer, for whom warfarin would be unsuitable, because these patients were not included in studies of edoxaban.
3.24
The company modelled the interventions using the dosage described in the marketing authorisations. The company used the following sources to estimate data for the model: Hokusai‑VTE (VTE recurrence [time dependent], bleeding, adverse events, and VTE‑related mortality, for warfarin only; and heparin‑induced thrombocytopenia, stroke, probability of discontinuation after adverse event, and mortality as a result of an adverse event, for all treatments); network meta‑analysis (odds‑ratios of edoxaban, dabigatran etexilate, and rivaroxaban compared with warfarin for VTE recurrence and bleeding); published literature (risk of initial and long‑term chronic thromboembolic pulmonary hypertension, probability of death as a result of VTE recurrence, transition probabilities while off‑treatment, death as a result of heparin‑induced thrombocytopenia, and risk of post‑thrombotic syndrome).
3.25
The company conducted a systematic literature review (and further additional targeted searches) to identify sources for utility values for people with VTE. It identified 6 sources that were used to derive utility data for the model. Other than for the initial VTE event, it did not use the Hokusai‑VTE trial quality‑of‑life data, because it stated that the sample size was too small and therefore the utility values were not reliable. At entry into the model, for the first cycle only, all patients had a utility value that reflected the disutility of the initial VTE (derived from Hokusai‑VTE data, using the European population only). For all subsequent cycles, all patients in all treatment groups were assigned age‑dependent baseline utility values from the general population without illness. When patients experienced adverse events in the model, the company applied a health‑state‑related utility decrement that was deducted from the baseline utility value. For the health states 'heparin‑induced thrombocytopenia', 'VTE recurrence', 'bleeding', 'chronic‑thromboembolic pulmonary hypertension' and 'stroke' disutility was applied for 1 cycle only; post‑thrombotic syndrome, post‑stroke and long‑term chronic thromboembolic pulmonary hypertension were assumed to accrue the disutility for the lifetime of the model. A utility decrement was also applied to all patients having treatment with warfarin, to capture disutility associated with warfarin treatment such as frequent INR monitoring. No treatment‑related disutility was assumed for other treatments. The company adjusted the modelled utility values over time to reflect increasing age, with most decrements taken from a population aged 55 to 64 years.
3.26
The company used drug costs from the BNF (edition 68; 2014) and costs of hospitalisation from NHS reference costs 2013/14 in its model. It also conducted a systematic review of the literature for other costs such as those for treating stroke. For all treatments, the costs associated with the first cycle of treatment (that is, treatment for the initial VTE) were calculated independently of the costs of the subsequent cycles; the first cycle included the drug and administration costs associated with low‑molecular‑weight heparin (for patients who had warfarin, edoxaban and dabigatran etexilate). In the health states of heparin‑induced thrombocytopenia, VTE recurrence, bleeding, chronic‑thromboembolic pulmonary hypertension, and stroke, patients could accrue costs for 1 cycle only. For warfarin, the company included monitoring costs of £24.95 per cycle (a weighted average cost for INR testing of £27 from NHS reference costs, and a monitoring frequency of 0.9 per cycle from NICE's technology appraisal guidance on rivaroxaban for PE and recurrent VTE, which assumed 9 visits in the first 3 months, then 5 visits each quarter). No monitoring costs were assumed for any other treatment.
Company's base‑case results and sensitivity analysis
3.27
The company's base-case results for edoxaban (based on a model updated with corrections advised by the ERG, including costs and utilities) were presented incrementally, and also as edoxaban compared with each comparator, and each comparator compared with warfarin. In the incremental analysis, edoxaban, and all other comparator treatments, were dominated by rivaroxaban (that is, all treatments were more expensive and less effective than rivaroxaban). Edoxaban had an incremental cost‑effectiveness ratio (ICER) of £2,451 per quality‑adjusted life year (QALY) gained (incremental costs £45.37, incremental QALYs 0.0185) compared with warfarin, and was dominant (that is, more effective and less costly) compared with dabigatran etexilate.
Company scenarios
One‑way sensitivity analyses
3.28
The company conducted 1-way deterministic sensitivity analyses using upper/lower 95% confidence intervals for transition probabilities for warfarin, probabilities of complications while on warfarin or newer oral anticoagulant treatment, probability of death, hazard ratio for VTE recurrence compared with warfarin, and utility values and utility decrements. It also varied costs by plus or minus 20%. Compared with warfarin, the company stated that most ICERs for edoxaban were similar to its base case of £2,451 per QALY gained. The ICER increased to around £22,500 per QALY gained when it used high values for the probability of chronic thromboembolic pulmonary hypertension (between 3 to 12 months) or stroke with newer oral anticoagulants, and a low value for the probability of stroke with warfarin. When the company used the low value for the probability of chronic thromboembolic pulmonary hypertension between 3 months and 12 months with warfarin, the ICER for edoxaban increased to £10,377 per QALY gained. Compared with dabigatran etexilate, the scenarios that had the largest impact on ICERs were the higher value for the odds ratio of VTE recurrence for edoxaban compared with warfarin within 3 months (£180,870 per QALY gained) and the lower value of the same odds ratio of VTE recurrence for dabigatran etexilate compared with warfarin (£45,755 per QALY gained). However, the company stated that most scenarios had a limited impact on the ICERs. Rivaroxaban dominated edoxaban in all scenarios.
Probabilistic sensitivity analyses
3.29
The company conducted probabilistic sensitivity analyses using 2,000 simulations. Key parameters (including event rates, costs, risks, utility values and population characteristics) were varied simultaneously by sampling from various probability distributions. Compared with warfarin, edoxaban was dominant in 42% of simulations and dominated in 10% of simulations; it was more effective and more costly in 46% of simulations. Compared with rivaroxaban, edoxaban was dominated in 86% of simulations and more effective and more costly in 14% of simulations. Compared with dabigatran etexilate, edoxaban was dominant in 69% of simulations and less effective and less costly in 31% of simulations. The probability of edoxaban being cost effective at a maximum acceptable ICER of £20,000 per QALY gained compared with warfarin, rivaroxaban and dabigatran etexilate was approximately 70%, 8% and 75% respectively.