NICE draft guidance rejects cabozantinib for kidney cancer
UK Medicines cost-effectiveness watchdog The National Institute for Health and Care Excellence (NICE) has today published draft guidance that does not recommend cabozantinib for previously treated advanced renal cell carcinoma.
The drug is marketed in Europe by French drugmaker Ipsen (Euronext: IPN) under the trade name Cabometyx, under license from USA-based biotech firm Exelixis (Nasdaq: EXEL), under a deal worth a potential $855 million to the latter.
The NICE’s independent appraisal committee agreed that the additional benefits of cabozantinib, compared with current care, were highly uncertain as the meta-analysis evidence presented by the company was unreliable.
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