Independent Market Access and Reimbursement Risk Assessment.

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Finerenone / kerendia for treating chronic kidney disease in type 2 diabetes

As of March 2023, MARA’s assessment finds Finerenone / Kerendia’s reimbursement risk concentrated in uncertainty, sensitivity, and broader impacts, with cost effectiveness a strength; the current MARA Rating and full rationale are available in the report.

The assessment also weighs comparator selection: whether the drug was tested against the treatment payers actually fund today; a benefit shown against the wrong comparator carries little weight in a reimbursement decision. The strength recorded in cost effectiveness carries weight because that domain asks whether the price asked stands in a defensible relationship to the benefit delivered — the core of most European reimbursement decisions.

Nephrology

This rating sits within MARA’s Nephrology coverage, alongside 15 other independently assessed treatments in the same area.

What payers will ask

Is the clinical benefit the kind payers reward? — Clinical effectiveness

The clinical evidence from the FIDELIO-DKD trial indicates that finerenone improves kidney function and slows disease progression compared to placebo, demonstrating a moderate benefit. However, the lack of direct comparisons against SGLT2 inhibitors limits the strength of the evidence.

Does the economic case hold at the expected price? — Cost effectiveness

The cost-effectiveness estimates for finerenone are within the acceptable range for Healthcare resources, with ICERs below £30,000 per QALY gained in various scenarios, indicating a strong economic value.

Is there quality-of-life evidence payers weigh? — Quality of life

The evidence suggests that finerenone may lead to improvements in quality of life, particularly in managing chronic kidney disease symptoms. However, specific HRQoL data from validated instruments were not extensively detailed in the document.

Does the safety profile hold up for payers? — Safety and Adverse Effects

Finerenone has a generally acceptable safety profile, with hyperkalaemia being the main adverse event. Most adverse events were mild and manageable, indicating good tolerability.

Was the drug compared against what payers expect? — Comparator Selection

The document notes that finerenone was not directly compared with SGLT2 inhibitors, which are relevant comparators. This lack of direct comparison raises concerns about the robustness of the evidence.

Is the population defined the way payers need it? — Patient Population and Subgroups

The trial population is broadly representative of the intended patient population, with a good balance of demographics. Subgroup analyses were also considered, enhancing generalizability.

Does the drug fit how care is delivered and paid for? — Care Pathway Integration

Finerenone can be integrated into existing care pathways with minor adjustments, primarily as an add-on to standard care, which is manageable for healthcare providers.

Are the wider system costs understood? — Resource Use and Cost Implications

The budget impact of finerenone is manageable, with potential cost savings in the long term due to improved patient outcomes and reduced progression to more severe disease states.

Would the evidence survive payer scrutiny? — Evidence Quality and Robustness

The evidence is primarily based on a robust Phase 3 trial (FIDELIO-DKD), although there are some limitations regarding the generalizability of the results to the broader population.

How exposed is the case to uncertainty? — Uncertainty, Sensitivity, and Broader Impacts

There are notable uncertainties regarding the cost-effectiveness model, particularly concerning the assumptions made about treatment effects and the lack of direct comparisons with SGLT2 inhibitors.

Be alerted when this rating changes:

Sample two-page MARA Rating report for the fictional drug Samplinib: the rating with its decision record, and the ten graded payer questions with the reasoning behind each
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