The National Institute for Health and Clinical Excellence (NICE) has today published new draft guidance recommending that Bristol-Myers Squibb (NYSE: BMY), which manufactures Opdivo (nivolumab), provides more information on its drug's effectiveness for treating classical Hodgkin lymphoma.
The independent appraisal committee of the cost-effectiveness watchdog for England and Wales, recognized that nivolumab is an innovative and promising treatment, but concluded that the evidence presented was highly uncertain due to immature data and did not reflect how the drug would be used in UK clinical practice.
The NICE requests that the company provides a revised analysis on the drug’s cost-effectiveness that takes into account the committee’s concerns at the next appraisal meeting.
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