NICE recommends against Celgene's drug for pancreatic cancer, saying cost does not justify benefit

28 October 2015
2019_biotech_test_vial_discovery_big

The National Institute for Health and Care Excellence (NICE), the helath coists watchdog for England and Wales, has recommended against routine funding of US biotech firm Celgene Corp’s (Nasdaq: CELG) Abraxane (nab-paclitaxel), to treat pancreatic cancer saying the cost of the drug does not justified the benefits compared to current treatments.

Sir Andrew Dillon, NICE chief executive, said: “We recognize that the development of new treatments for pancreatic cancer has been limited in recent years. Nab-paclitaxel is a new treatment but we must still carefully weigh up the benefits it can offer, particularly as there are comparable options already available in the NHS. Although it is more effective than one of the treatment options currently available, nab-paclitaxel is linked with more side effects. When we consider how these side effects will affect each individual and the fact that it is also more expensive, nab-paclitaxel cannot be considered an effective use of NHS resources.”

Wim Souverjins, general manager at Celgene UK & Ireland, said, in an emailed statement to The Pharma Letter: “Celgene is extremely disappointed by the NICE decision on Abraxane, which comes after a turbulent nine months of review, but we remain committed to searching for solutions for patients who are demanding this medicine. The process to secure reimbursement and ensure patient access to medicines, such as Abraxane in combination with gemcitabine in England, is not fit for purpose. Cancers with devastatingly high levels of unmet need, require a different threshold of consideration and until we have that, we will be denying terminal cancer patients access. Further, this decision is effectively sidelining English scientists in the fight against pancreatic cancer, as they will not have the option of Abraxane for future research efforts. It is our hope that such research could yield similar results as has been seen in breast cancer.”

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology