Independent Market Access and Reimbursement Risk Assessment.

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Pembrolizumab for untreated metastatic colorectal cancer with high microsatellite instability or mismatch repair deficiency

As of June 2021, MARA’s assessment finds Pembrolizumab’s reimbursement risk concentrated in comparator selection, with quality of life a strength; the current MARA Rating and full rationale are available in the report.

The assessment also weighs clinical effectiveness: how much additional benefit the drug demonstrated over the care patients already receive — the first question every payer asks. The strength recorded in quality of life carries weight because that domain asks whether the trial benefit shows up in patients’ daily lives, not only in the clinical endpoints.

Oncology

This rating sits within MARA’s Oncology coverage, alongside 153 other independently assessed treatments in the same area.

What payers will ask

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

Pembrolizumab shows moderate benefit over current care, with evidence from the KEYNOTE-177 trial indicating a 40% increase in progression-free survival compared to standard care. However, the overall survival data is immature and uncertain due to crossover and the trial’s exclusion of certain standard treatments available in the Healthcare.

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

The cost-effectiveness estimates for pembrolizumab are within NICE’s acceptable thresholds, with ICERs below £20,000 per QALY gained against all comparators. The economic model is deemed appropriate for decision-making.

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

Patient experts reported significant improvements in quality of life with pembrolizumab compared to standard chemotherapy, citing fewer side effects and a more manageable treatment regimen. The evidence suggests strong domain-specific improvements, although some disutility for adverse events was included in the model.

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

Pembrolizumab has an acceptable safety profile, with a lower incidence of serious adverse events compared to standard care. Although some rare serious adverse events were not included in the economic model, the overall tolerability is considered good.

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

The KEYNOTE-177 trial used a blended comparator approach that does not fully reflect Healthcare practice, as it included treatments not recommended in the Healthcare. This raises concerns about the validity of the comparisons made.

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

The trial population is representative of the intended patient population with high MSI or MMR deficiency. However, there are concerns regarding the small subgroup analyses for RAS-mutant patients, which may limit generalizability.

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

Pembrolizumab can be integrated into existing care pathways with minor adjustments, as it requires no new infrastructure and aligns with current treatment practices for eligible patients.

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

The resource implications of pembrolizumab are manageable, with the potential for cost savings due to reduced hospitalizations and treatment burden compared to standard chemotherapy.

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

The evidence base is strong, primarily derived from a Phase 3 RCT (KEYNOTE-177), although there are some methodological concerns regarding the comparators and the generalizability of results.

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

There are notable uncertainties regarding the long-term benefits of pembrolizumab, particularly due to the crossover in the trial and the lack of data on its effectiveness beyond 2 years. This uncertainty may impact broader adoption.

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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