Ipsen optimistic despite NICE's negative Cabometyx stance
The UK affiliate of French pharma group Ipsen (Euronext: IPN) is remaining optimistic, despite receiving a second blow to its hopes of having its Cabometyx (cabozantinib tablets) made available for advanced kidney cancer on the National Health Service (NHS) in England and Wales.
This new therapy for advanced renal cell carcinoma (RCC) was approved by European Medicines Agency (EMA) in September 2016 but it is yet to receive a positive recommendation from the cost-effectiveness watchdog for England and Wales, the National Institute for Health and Care Excellence (NICE).
The NICE’s second Appraisal Consultation Document (ACD) again does not recommend routine prescribing of cabozantinib for advanced RCC, after VEGF-targeted therapy based upon a further analysis of cost-effectiveness information.
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