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<front>
<journal-meta>
<journal-id journal-id-type="publisher-id">Front. Oncol.</journal-id>
<journal-title>Frontiers in Oncology</journal-title>
<abbrev-journal-title abbrev-type="pubmed">Front. Oncol.</abbrev-journal-title>
<issn pub-type="epub">2234-943X</issn>
<publisher>
<publisher-name>Frontiers Media S.A.</publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id pub-id-type="doi">10.3389/fonc.2022.878054</article-id>
<article-categories>
<subj-group subj-group-type="heading">
<subject>Oncology</subject>
<subj-group>
<subject>Original Research</subject>
</subj-group>
</subj-group>
</article-categories>
<title-group>
<article-title>Pembrolizumab vs cemiplimab for the treatment of advanced non-small cell lung cancer with PD-L1 expression levels of at least 50%: A network meta-analysis and cost-effectiveness analysis</article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname>Li</surname>
<given-names>Yan</given-names>
</name>
<xref ref-type="aff" rid="aff1">
<sup>1</sup>
</xref>
<xref ref-type="author-notes" rid="fn003">
<sup>&#x2020;</sup>
</xref>
<uri xlink:href="https://loop.frontiersin.org/people/1940893"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname>Liang</surname>
<given-names>Xueyan</given-names>
</name>
<xref ref-type="aff" rid="aff1">
<sup>1</sup>
</xref>
<xref ref-type="author-notes" rid="fn003">
<sup>&#x2020;</sup>
</xref>
<uri xlink:href="https://loop.frontiersin.org/people/1121881"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname>Yang</surname>
<given-names>Tong</given-names>
</name>
<xref ref-type="aff" rid="aff1">
<sup>1</sup>
</xref>
<xref ref-type="aff" rid="aff2">
<sup>2</sup>
</xref>
</contrib>
<contrib contrib-type="author">
<name>
<surname>Guo</surname>
<given-names>Sitong</given-names>
</name>
<xref ref-type="aff" rid="aff1">
<sup>1</sup>
</xref>
<uri xlink:href="https://loop.frontiersin.org/people/1683936"/>
</contrib>
<contrib contrib-type="author" corresp="yes">
<name>
<surname>Chen</surname>
<given-names>Xiaoyu</given-names>
</name>
<xref ref-type="aff" rid="aff1">
<sup>1</sup>
</xref>
<xref ref-type="author-notes" rid="fn001">
<sup>*</sup>
</xref>
<uri xlink:href="https://loop.frontiersin.org/people/1683442"/>
</contrib>
</contrib-group>
<aff id="aff1">
<sup>1</sup>
<institution>Department of Pharmacy, The People&#x2019;s Hospital of Guangxi Zhuang Autonomous Region</institution>, <addr-line>Nanning</addr-line>, <country>China</country>
</aff>
<aff id="aff2">
<sup>2</sup>
<institution>School of Pharmaceutical Sciences, Guangxi Medical University</institution>, <addr-line>Nanning</addr-line>, <country>China</country>
</aff>
<author-notes>
<fn fn-type="edited-by">
<p>Edited by: Taichi Matsubara, Kitakyushu Municipal Medical Center, Japan</p>
</fn>
<fn fn-type="edited-by">
<p>Reviewed by: Xin Li, Nanjing Medical University, China; Fumihiko Kinoshita, National Hospital Organization Kyushu Cancer Center, Japan</p>
</fn>
<fn fn-type="corresp" id="fn001">
<p>*Correspondence: Xiaoyu Chen, <email xlink:href="mailto:XiaoyuChen2010@outlook.com">XiaoyuChen2010@outlook.com</email>
</p>
</fn>
<fn fn-type="equal" id="fn003">
<p>&#x2020;These authors have contributed equally to this work</p>
</fn>
<fn fn-type="other" id="fn002">
<p>This article was submitted to Cancer Immunity and Immunotherapy, a section of the journal Frontiers in Oncology</p>
</fn>
</author-notes>
<pub-date pub-type="epub">
<day>26</day>
<month>09</month>
<year>2022</year>
</pub-date>
<pub-date pub-type="collection">
<year>2022</year>
</pub-date>
<volume>12</volume>
<elocation-id>878054</elocation-id>
<history>
<date date-type="received">
<day>17</day>
<month>02</month>
<year>2022</year>
</date>
<date date-type="accepted">
<day>29</day>
<month>08</month>
<year>2022</year>
</date>
</history>
<permissions>
<copyright-statement>Copyright &#xa9; 2022 Li, Liang, Yang, Guo and Chen</copyright-statement>
<copyright-year>2022</copyright-year>
<copyright-holder>Li, Liang, Yang, Guo and Chen</copyright-holder>
<license xlink:href="http://creativecommons.org/licenses/by/4.0/">
<p>This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.</p>
</license>
</permissions>
<abstract>
<sec>
<title>Background</title>
<p>Pembrolizumab and cemiplimab have been approved as treatment for advanced non-small-cell lung cancer (NSCLC) with high programmed death ligand-1 (PD-L1) expression. This study aimed to evaluate the cost-effectiveness of pembrolizumab compared with that of cemiplimab in the treatment of advanced NSCLC with high PD-L1 expression from a societal perspective in the United States.</p>
</sec>
<sec>
<title>Materials and methods</title>
<p>Cost-effectiveness analysis integration of the network meta-analysis framework was performed using data from the EMPOWER-Lung 1, KEYNOTE 024, and KEYNOTE 042 phase 3 randomized clinical trials. A network meta-analysis including 2289 patients was constructed, and the Markov and partitioned survival (PS) models were used to assess the cost-effectiveness of pembrolizumab compared with that of cemiplimab for the treatment of high PD-L1 expression (&#x2265;50% of tumor cells). The time horizon was 10 years. The main outcomes were overall costs, incremental cost-effectiveness ratios (ICERs), quality-adjusted life-years (QALYs), life-years, incremental net health benefits (INHB), and incremental net monetary benefits (INMB). The robustness of the model was verified using one-way and probabilistic sensitivity analyses, and subgroup analyses were conducted.</p>
</sec>
<sec>
<title>Results</title>
<p>Treatment of advanced NSCLC with high PD-L1 expression with pembrolizumab achieved 0.093 QALYs and was associated with an incremental cost of $10,657 compared with cemiplimab, yielding an ICER of $114,246/QALY. The ICER in the PS model was similar to that in the Markov model, with a difference of $3,093/QALY. At a willingness-to-pay (WTP) threshold of $100,000/QALY, INHB, and INMB of pembrolizumab were -0.013 QALYs and -$1,329, respectively, and the probability of cemiplimab was 51% when compared with pembrolizumab. When the WTP threshold increased to $150,000/QALY, the INHB and INMB of pembrolizumab were 0.022 QALYs and $3,335, respectively, and the probability of pembrolizumab was 51.85%. One-way sensitivity analysis indicated that the models were sensitive to pembrolizumab and cemiplimab costs. Subgroup analysis revealed that treatment with pembrolizumab was related to a higher INHB in several subgroups, including patients with brain metastases at baseline.</p>
</sec>
<sec>
<title>Conclusion</title>
<p>Our findings suggest that the WTP threshold should be considered when choosing between cemiplimab and pembrolizumab to treat advanced NSCLC with high PD-L1 expression. Reducing the cost of pembrolizumab may lead to valuable outcomes.</p>
</sec>
</abstract>
<kwd-group>
<kwd>cost-effectiveness</kwd>
<kwd>non-small lung cancer</kwd>
<kwd>pembrolizumab</kwd>
<kwd>cemiplimab</kwd>
<kwd>network meta-analysis</kwd>
</kwd-group>
<contract-num rid="cn001">82160763</contract-num>
<contract-sponsor id="cn001">National Natural Science Foundation of China<named-content content-type="fundref-id">10.13039/501100001809</named-content>
</contract-sponsor>
<counts>
<fig-count count="3"/>
<table-count count="2"/>
<equation-count count="2"/>
<ref-count count="46"/>
<page-count count="11"/>
<word-count count="4896"/>
</counts>
</article-meta>
</front>
<body>
<sec id="s1" sec-type="intro">
<title>Introduction</title>
<p>Lung cancer is one of the most common types of carcinomas and the leading cause of cancer death (<xref ref-type="bibr" rid="B1">1</xref>), causing nearly 1.8 million deaths (18%) worldwide (<xref ref-type="bibr" rid="B2">2</xref>). Because lung cancer is often diagnosed at an advanced stage, its prognosis is poor. Lung cancer is generally divided into four histological categories, with non-small cell lung cancer (NSCLC) accounting for 85-90% of all lung cancers (<xref ref-type="bibr" rid="B3">3</xref>, <xref ref-type="bibr" rid="B4">4</xref>). Lung squamous and non-squamous cell carcinomas constitute 25-30% and 70-75% of NSCLC cases, respectively (<xref ref-type="bibr" rid="B1">1</xref>, <xref ref-type="bibr" rid="B5">5</xref>). Progression to advanced or metastatic cancer occurs in approximately 50% of NSCLC cases (<xref ref-type="bibr" rid="B1">1</xref>, <xref ref-type="bibr" rid="B6">6</xref>, <xref ref-type="bibr" rid="B7">7</xref>). Similarly, in patients with local or locoregional NSCLC, a high proportion deteriorate into recurrent or metastatic NSCLC (<xref ref-type="bibr" rid="B8">8</xref>&#x2013;<xref ref-type="bibr" rid="B10">10</xref>), and the prognosis in patients with distant metastatic NSCLC remains poor, with the 5-year survival data reported to be approximately 5% (<xref ref-type="bibr" rid="B1">1</xref>). Based on the current situation, new effective treatments for NSCLC are urgently required.</p>
<p>In recent years, newer and more effective therapies, such as immune checkpoint inhibitors (ICIs), have been used for the treatment of patients with NSCLC, which has gradually improved treatment regimens for patients with advanced NSCLC (<xref ref-type="bibr" rid="B11">11</xref>). With elevated neo-antigen expression levels and high immune evasion of tumor cells, lung cancer presents an ideal setting for the expression of programmed cell death-1 (PD-1), programmed death-ligand 1 (PD-L1), and Cytotoxic-T-lymphocyte-antigen-4 (CTLA-4). It is estimated that 25% of patients with advanced NSCLC exhibit high PD-L1 expression (<xref ref-type="bibr" rid="B12">12</xref>, <xref ref-type="bibr" rid="B13">13</xref>). In recent years, ICIs have shown superiority over chemotherapy; however, they do not rely on PD-L1 expression levels (<xref ref-type="bibr" rid="B14">14</xref>); therefore, evidence of high PD-L1 expression to promote the utility of immunotherapy of PD-L1/PD-1 is limited.</p>
<p>Cemiplimab (<xref ref-type="bibr" rid="B15">15</xref>, <xref ref-type="bibr" rid="B16">16</xref>) is a humanized recombinant monoclonal antibody that blocks high affinities (<xref ref-type="bibr" rid="B15">15</xref>). In September 2018, the US Food and Drug Administration approved cemiplimab for the treatment of metastatic or locally advanced cutaneous squamous cell carcinoma (CSCC), because of its strong antitumor activity and high safety (<xref ref-type="bibr" rid="B17">17</xref>, <xref ref-type="bibr" rid="B18">18</xref>). Pembrolizumab, which binds to PD-1 to inhibit tumor growth, is the current preferred treatment for metastatic NSCLC and was approved for marketing by the European Commission in January 2017. It is a human immunoglobulin (Ig) G4 monoclonal antibody with affinity and high selectivity. This treatment is targeted to populations with high PD-L1 expression, and no epidermal growth factor receptor (EGFR) mutations or anaplastic lymphoma kinase (ALK) translocations (<xref ref-type="bibr" rid="B19">19</xref>). Overall, pembrolizumab and cemiplimab are attractive first-line immunotherapy options for patients with advanced NSCLC.</p>
<p>Cemiplimab and pembrolizumab have both been approved for the treatment of advanced NSCLC, and have similar efficacy. However, their high costs make them unaffordable for a considerable proportion of patients with advanced NSCLC, with many having to choose to give up or postpone treatment, reduce their quality of life, or even face bankruptcy (<xref ref-type="bibr" rid="B20">20</xref>&#x2013;<xref ref-type="bibr" rid="B23">23</xref>). For clinicians, patients, and decision makers, it is extremely important to evaluate the cost-effectiveness of therapeutic strategies to make health decisions and to allow the optimal allocation of limited health resources. This makes cost-effectiveness evaluations highly important. As such, this study was designed to evaluate the cost-effectiveness of pembrolizumab compared with that of cemiplimab as the preferred first-line treatment for advanced NSCLC with high PD-L1 expression.</p>
</sec>
<sec id="s2">
<title>Methods</title>
<sec id="s2_1">
<title>Network meta-analysis</title>
<sec id="s2_1_1">
<title>Search strategy, selection of studies and quality assessment</title>
<p>We systematically searched the PubMed, Medline (<italic>via</italic> OVID SP), Embase (<italic>via</italic> OVID SP), and Cochrane CENTRAL databases from the time of their inception to November 28, 2021. The search was performed without the limitation of restrictions on publication year or language. Details of the study selection process are shown in <xref ref-type="supplementary-material" rid="SF1">
<bold>Supplementary Figure&#xa0;1</bold>
</xref>. Quality assessment of the included studies was performed by Li and Liang, according to the Cochrane risk-of-bias tool (<xref ref-type="bibr" rid="B24">24</xref>).</p>
</sec>
</sec>
<sec id="s2_2">
<title>Statistical analysis</title>
<p>Network meta-analysis was performed using the netmeta package in R, version 4.0.2 (The R Foundation for Statistical Computing) to obtain the hazard ratios (HRs) with 95% confidence interval (95% CI) for overall survival (OS) and progression-free survival (PFS) between pembrolizumab and cemiplimab. A fixed-effects model was used.</p>
</sec>
<sec id="s2_3">
<title>Cost-effectiveness analysis</title>
<sec id="s2_3_1">
<title>Analytical overview</title>
<p>We performed a cost-effectiveness analysis comparing pembrolizumab with cemiplimab. The patients cohort was obtained from the randomized clinical trials (RCTs) EMPOWER-Lung 1 (<xref ref-type="bibr" rid="B25">25</xref>), KEYNOTE 024 (<xref ref-type="bibr" rid="B26">26</xref>), and KEYNOTE 042 (<xref ref-type="bibr" rid="B27">27</xref>).</p>
<p>This cost-effectiveness analysis was performed according to the Consolidated Health Economic Evaluation Reporting Standards (CHEERS) guidelines (<xref ref-type="bibr" rid="B28">28</xref>). This study did not use individual patient data and did not include human or animal research; hence, an institutional review board or ethics committee approval was not required for this study, according to the guidelines of the US Department of Health and Human Services (45 CFR &#xa7;46) (<xref ref-type="bibr" rid="B29">29</xref>).</p>
</sec>
<sec id="s2_3_2">
<title>Model structure</title>
<p>Markov model and partitioned survival (PS) models were constructed to assess the outcomes of pembrolizumab versus cemiplimab in the therapy of advanced NSCLC with high PD-L1 expression from the societal perspective in the United States (US). The model included three health states: PFS, progressed disease (PD), and death (<xref ref-type="fig" rid="f1">
<bold>Figure&#xa0;1</bold>
</xref>). The cycle length for the Markov and PS models was one week, and the time horizon was 10 years. During each cycle, the patients either remained in their existing health state or progressed to the next health state.</p>
<fig id="f1" position="float">
<label>Figure&#xa0;1</label>
<caption>
<p>Model Structure of a Decision Tree Combining the Markov Model with the three Health States.</p>
</caption>
<graphic mimetype="image" mime-subtype="tiff" xlink:href="fonc-12-878054-g001.tif"/>
</fig>
<p>The main outcomes of our study were overall costs, incremental cost-effectiveness ratios (ICERs), quality-adjusted life-years (QALYs), life-years, incremental net health benefits (INHB), and incremental net monetary benefits (INMB).</p>
</sec>
<sec id="s2_3_3">
<title>Clinical data inputs</title>
<p>The OS and PFS survival curves of patients in the pembrolizumab and cemiplimab groups were obtained from the EMPOWER-Lung 1 (<xref ref-type="bibr" rid="B25">25</xref>), KEYNOTE 024 (<xref ref-type="bibr" rid="B26">26</xref>), and KEYNOTE 042 (<xref ref-type="bibr" rid="B27">27</xref>) trials, and data beyond the trial follow-up time horizon were generated using an algorithm created by Guyot et&#xa0;al. (<xref ref-type="bibr" rid="B30">30</xref>). The EMPOWER-Lung 1 trial is an open-label, phase 3 RCT, performed between June 27, 2017, and February 27, 2020, which evaluated the survival efficacy and safety of cemiplimab versus platinum-based chemotherapy in the treatment of patients with NSCLC with PD-L1 expression levels of at least 50%. The other two open-label, phase 3 RCTs, KEYNOTE-024 and KEYNOTE-042, evaluated the survival efficacy and safety of pembrolizumab compared to platinum-based chemotherapy in patients with NSCLC (<xref ref-type="bibr" rid="B26">26</xref>, <xref ref-type="bibr" rid="B27">27</xref>). KEYNOTE-024 was conducted between September 19, 2014, and July 10, 2017, and KEYNOTE-042 was conducted between June Dec 19, 2014, and March 6, 2017.</p>
<p>The Kaplan-Meier survival curves of PFS and OS data were obtained from the three trials using GetData Graph Digitizer version 2.26 to extract the individual patient data points, and subsequently, six parametric survival models, Weibull, log-normal, log-logistic, exponential, generalized gamma, and Gompertz were used to fit these data. The appropriate survival model was selected according to the lowest Akaike and Bayesian information criteria. The survival model results of the cemiplimab and pembrolizumab groups are shown in <xref ref-type="table" rid="T1">
<bold>Table&#xa0;1</bold>
</xref>, and the results of a good visual fit to the data are shown in <xref ref-type="supplementary-material" rid="SF7">
<bold>Supplementary Table&#xa0;1</bold>
</xref>. The survival events and survival times of virtual individual patients were similar to the practical number at risk, which closely reappeared in the survival curves. Additional results of model fitting are shown in detail in <xref ref-type="supplementary-material" rid="SF2">
<bold>Supplementary Figure&#xa0;2</bold>
</xref>. After disease progression, second-line treatment schemes were recorded from the EMPOWER-Lung 1, KEYNOTE 024 and KEYNOTE 042 trials. Primary clinical inputs are listed in <xref ref-type="table" rid="T1">
<bold>Table&#xa0;1</bold>
</xref>.</p>
<table-wrap id="T1" position="float">
<label>Table&#xa0;1</label>
<caption>
<p>Key model inputs.</p>
</caption>
<table frame="hsides">
<thead>
<tr>
<th valign="top" align="left">Parameter</th>
<th valign="top" align="center">Value (95% CI)</th>
<th valign="top" align="center">Distribution</th>
<th valign="top" align="center">Source</th>
</tr>
</thead>
<tbody>
<tr>
<td valign="top" align="left">Lognormal OS survival model of cemiplimab<sup>a</sup>
</td>
<td valign="top" align="center">&#x3bc; = 4.97513 &#x3c3; = 1.78373</td>
<td valign="top" align="center">Lognormal</td>
<td valign="top" align="center">Model fitting</td>
</tr>
<tr>
<td valign="top" align="left">Lognormal PFS survival model of cemiplimab<sup>a</sup>
</td>
<td valign="top" align="center">&#x3bc; = 3.45945 &#x3c3; = 1.29574</td>
<td valign="top" align="center">Lognormal</td>
<td valign="top" align="center">Model fitting</td>
</tr>
<tr>
<td valign="top" align="left">Log-logistic OS survival model of pembrolizumab<sup>a</sup>
</td>
<td valign="top" align="center">&#x3bc; = 0.98918 &#x3c3; = 83.81104</td>
<td valign="top" align="center">Lognormal</td>
<td valign="top" align="center">Model fitting</td>
</tr>
<tr>
<td valign="top" align="left">Lognormal PFS survival model of pembrolizumab<sup>a</sup>
</td>
<td valign="top" align="center">&#x3bc; = 3.42683 &#x3c3; = 1.42989</td>
<td valign="top" align="center">Lognormal</td>
<td valign="top" align="center">Model fitting</td>
</tr>
<tr>
<td valign="top" align="left">HR for OS (cemiplimab vs pembrolizumab)</td>
<td valign="top" align="center">0.85 (0.60 to 1.20)</td>
<td valign="top" align="center">Lognormal</td>
<td valign="top" align="center">Network meta-analysis</td>
</tr>
<tr>
<td valign="top" align="left">HR for PFS (cemiplimab vs pembrolizumab)</td>
<td valign="top" align="center">0.67 (0.49 to 0.90)</td>
<td valign="top" align="center">Lognormal</td>
<td valign="top" align="center">Network meta-analysis</td>
</tr>
<tr>
<td valign="top" align="left">Body surface area, m<sup>2</sup>
</td>
<td valign="top" align="center">1.86 (1.40 to 2.23)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Pei 2021 (<xref ref-type="bibr" rid="B29">29</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Body weight, kg</td>
<td valign="top" align="center">70 (50 to 91)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Pei 2021 (<xref ref-type="bibr" rid="B29">29</xref>)</td>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Drug costs per 1 mg</bold>
<sup>b</sup>
</td>
</tr>
<tr>
<td valign="top" align="left">Price of cemiplimab</td>
<td valign="top" align="center">27.54 (20.66 to 34.43)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Price of pembrolizumab</td>
<td valign="top" align="center">52.75 (39.57 to 65.94)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Price of gemcitabine</td>
<td valign="top" align="center">0.02 (0.01 to 0.02)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Price of paclitaxel</td>
<td valign="top" align="center">0.13 (0.1 to 0.16)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Price of cisplatin</td>
<td valign="top" align="center">0.18 (0.13 to 0.22)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Price of pemetrexed</td>
<td valign="top" align="center">7.49 (5.62 to 9.36)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Price of carboplatin</td>
<td valign="top" align="center">0.05 (0.04 to 0.07)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Second-line treatment in cemiplimab arm per cycle (total 18 cycles)<sup>c</sup>
</td>
<td valign="top" align="center">1332.92 (999.69 to 1666.15)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Second-line treatment in pembrolizumab arm per cycle (total 18 cycles)<sup>d</sup>
</td>
<td valign="top" align="center">30.09279(22.57 to 37.62)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CMS (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Cost of terminal care per patient<sup>*</sup>
</td>
<td valign="top" align="center">16441.83 (12331.37 to 20552.29)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Insinga et al, 2019 (<xref ref-type="bibr" rid="B32">32</xref>)</td>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Drug administration cost</bold>
</td>
</tr>
<tr>
<td valign="top" align="left">First hour</td>
<td valign="top" align="center">148.3 (111.23 to 185.38)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CPT code 96413 (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Additional hour</td>
<td valign="top" align="center">31.4 (23.55 to 39.25)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">CPT code 96415 (<xref ref-type="bibr" rid="B31">31</xref>)</td>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Cost of managing AEs (grade &#x2265; 3)<sup>e</sup>
</bold>
</td>
</tr>
<tr>
<td valign="top" align="left">Pembrolizumab</td>
<td valign="top" align="center">1051.76 (788.82 to 1314.7)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Konidaris et al, 2020 (<xref ref-type="bibr" rid="B33">33</xref>); Wong et al, 2018 (<xref ref-type="bibr" rid="B34">34</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Cemiplimab</td>
<td valign="top" align="center">440.22 (330.17 to 550.275)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Konidaris et al, 2020 (<xref ref-type="bibr" rid="B33">33</xref>); Wong et al, 2018 (<xref ref-type="bibr" rid="B34">34</xref>)</td>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Disease costs per cycle</bold>
</td>
</tr>
<tr>
<td valign="top" align="left">Stable disease</td>
<td valign="top" align="center">464.85 (348.64 to 581.06)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Insinga et al, 2019 (<xref ref-type="bibr" rid="B32">32</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Progressed disease</td>
<td valign="top" align="center">1075.49 (806.62 to 1344.36)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Insinga et al, 2019 (<xref ref-type="bibr" rid="B32">32</xref>)</td>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Societal costs per cycle</bold>
</td>
</tr>
<tr>
<td valign="top" align="left">Patient time and salary loss</td>
<td valign="top" align="center">134.22 (100.66 to 167.77)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Gu&#xe9;rin et al, 2016 (<xref ref-type="bibr" rid="B35">35</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Parking, meals, and travel</td>
<td valign="top" align="center">11.33 (0.97 to 22.71)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Lauzier et al, 2011 (<xref ref-type="bibr" rid="B36">36</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Caregiver</td>
<td valign="top" align="center">160.95 (119.01 to 226.68)</td>
<td valign="top" align="center">Gamma</td>
<td valign="top" align="center">Li et al, 2013 (<xref ref-type="bibr" rid="B37">37</xref>)</td>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Health utilities</bold>
</td>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Disease status utility per year</bold>
</td>
</tr>
<tr>
<td valign="top" align="left">Utility of PFS</td>
<td valign="top" align="center">0.754 (0.407 to 0.970)</td>
<td valign="top" align="center">Beta</td>
<td valign="top" align="center">Nafees et al, 2017 (<xref ref-type="bibr" rid="B38">38</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Utility of PD</td>
<td valign="top" align="center">0.180 (0.115 to 0.367)</td>
<td valign="top" align="center">Beta</td>
<td valign="top" align="center">Nafees et al, 2017 (<xref ref-type="bibr" rid="B38">38</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Death</td>
<td valign="top" align="center">0</td>
<td valign="top" align="center">NA</td>
<td valign="top" align="center"/>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Drug toxic effects disutility<sup>f</sup>
</bold>
</td>
</tr>
<tr>
<td valign="top" align="left">Pembrolizumab</td>
<td valign="top" align="center">0.0192 (0.0144 to 0.024)</td>
<td valign="top" align="center">Beta</td>
<td valign="top" align="center">Nafees et al, 2017 (<xref ref-type="bibr" rid="B38">38</xref>) Freeman et al, 2015 (<xref ref-type="bibr" rid="B39">39</xref>)</td>
</tr>
<tr>
<td valign="top" align="left">Cemiplimab</td>
<td valign="top" align="center">0.0083 (0.0062 to 0.0104)</td>
<td valign="top" align="center">Beta</td>
<td valign="top" align="center">Nafees et al, 2017 (<xref ref-type="bibr" rid="B38">38</xref>); Freeman et al, 2015 (<xref ref-type="bibr" rid="B39">39</xref>)</td>
</tr>
</tbody>
</table>
<table-wrap-foot>
<fn>
<p>AE, adverse event; HR, hazard ratio; OS, overall survival; PD, progressed disease; PFS, progression-free survival.</p>
</fn>
<fn>
<p>
<sup>a</sup>Only expected values are presented for these survival model parameters.</p>
</fn>
<fn>
<p>
<sup>b</sup>Costs are in 2021 US dollars and adjusted for inflation as appropriate, and average sale price plus 4.2% to calculate drug costs.</p>
</fn>
<fn>
<p>
<sup>c</sup>Calculated as the average cost of treatment using weighted frequencies of individual second-line therapeutic agents received by each treatment arm in the EMPOWER-Lung 1 trial.</p>
</fn>
<fn>
<p>
<sup>d</sup>Calculated as the average cost of treatment using weighted frequencies of individual second-line therapeutic agents received by each treatment arm in the KEYNOTE 024 and KEYNOTE 042 trials.</p>
<p>
<sup>e</sup>Calculated as the average cost of toxic effects using weighted frequencies of grade &#x2265; 3 treatment related adverse events for each treatment arm in the EMPOWER-Lung 1, KEYNOTE 024 and KEYNOTE 042 trials. Costs of individual toxic effects were derived from the literature and include all care required to manage each toxic effect. References for individual toxic effect costs are summarized in <xref ref-type="supplementary-material" rid="SF1"><bold>Supplementary Table&#xa0;2</bold></xref>.</p>
<p>
<sup>f</sup>Calculated as the average disutility of toxic effects using weighted frequencies of grade &#x2265; 3 treatment-related adverse events for each treatment arm in the EMPOWER-Lung 1, KEYNOTE 024 and KEYNOTE 042 trials. Disutility from experiencing toxic effects occurred over a 1-month period. Disutilities of individual toxic effects were derived from the literature. References for individual toxic effect disutilities are summarized in <xref ref-type="supplementary-material" rid="SF1"><bold>Supplementary Table&#xa0;2</bold></xref>.</p>
</fn>
</table-wrap-foot>
</table-wrap>
</sec>
<sec id="s2_3_4">
<title>Cost and utility inputs</title>
<p>In performing this analysis, we considered the direct medical and societal perspective costs. Direct medical costs included the costs of drugs, those due to the health state of the patient, those for the management of adverse events (AEs) related to toxic effects, and those for terminal care (<xref ref-type="table" rid="T1">
<bold>Table&#xa0;1</bold>
</xref>). In addition to direct medical costs, our societal perspective model incorporated informal health care costs, such as patient time and/or salary (<xref ref-type="bibr" rid="B35">35</xref>), transportation (<xref ref-type="bibr" rid="B36">36</xref>), and caregiver (<xref ref-type="bibr" rid="B37">37</xref>) costs. All costs were adjusted to 2021 US dollars, and inflation was calculated using Medical-Care Inflation data obtained from Tom&#x2019;s Inflation Calculator (<xref ref-type="bibr" rid="B40">40</xref>), the values of which are shown in <xref ref-type="table" rid="T1">
<bold>Table&#xa0;1</bold>
</xref> (<xref ref-type="bibr" rid="B31">31</xref>&#x2013;<xref ref-type="bibr" rid="B37">37</xref>, <xref ref-type="bibr" rid="B39">39</xref>). Based on the EMPOWER-Lung 1 trial report, patients treated with cemiplimab received cemiplimab 350 mg every 3 weeks, and according to the KEYNOTE 024 and KEYNOTE 042 trials reports, patients in the pembrolizumab group received pembrolizumab 200 mg intravenously every 3 weeks. Both arms received pembrolizumab or cemiplimab for up to 108 weeks until disease progression, unacceptable toxicity, or death. To calculate direct drug costs, costs of drugs were acquired from the average sale price of 2021 from the Centers for Medicare and Medicaid Services (CMS), adding 4.2% to estimate the current drug price (<xref ref-type="bibr" rid="B31">31</xref>). To estimate the dosage of second-line chemotherapy, we assumed that the body surface area of a typical patient is 1.86 m<sup>2</sup>, and the body weight is 70 kg (<xref ref-type="bibr" rid="B29">29</xref>). The costs associated with monitoring PFS and PD stage patients were $465 per cycle and $1,075 per cycle, respectively (<xref ref-type="bibr" rid="B32">32</xref>). The cost of terminal care was $16,441.83 per patient with advanced NSCLC (<xref ref-type="bibr" rid="B32">32</xref>). This analysis estimated the costs of managing grade &#x2265; 3 treatment-emergent AEs obtained from literature (<xref ref-type="supplementary-material" rid="SF8">
<bold>Supplementary Table&#xa0;2</bold>
</xref>).</p>
<p>Each NSCLC health state was related to a preference-based health utility on a scale of 0 (death) to 1 (perfect health). The PFS and PD states related to advanced NSCLC were 0.754 and 0.18 (<xref ref-type="bibr" rid="B38">38</xref>), respectively. In this analysis, disutility was considered as AEs of grade 3 or higher.</p>
</sec>
</sec>
<sec id="s2_4">
<title>Base-case analysis</title>
<p>The ICER was expressed as the cost per additional QALY gained between pembrolizumab and cemiplimab. When the ICER is smaller than a predefined WTP threshold, cost-effectiveness is indicated (<xref ref-type="bibr" rid="B41">41</xref>). Given the evidence suggesting that $50,000 per QALY is too low in the US, this might best be thought of as an implied lower boundary, and a willingness-to-pay (WTP) threshold of $100,000 to $150,000 per QALY was therefore set (<xref ref-type="bibr" rid="B41">41</xref>). Costs and utility outcomes were discounted at 3% per year (<xref ref-type="bibr" rid="B42">42</xref>). The INHB and INMB were calculated using the following formulas:</p>
<disp-formula>
<mml:math display="block" id="M1">
<mml:mrow>
<mml:mtext>INHB</mml:mtext>
<mml:mrow>
<mml:mo>(</mml:mo>
<mml:mstyle mathvariant="bold" mathsize="normal">
<mml:mi>&#x3bb;</mml:mi>
</mml:mstyle>
<mml:mo>)</mml:mo>
</mml:mrow>
<mml:mo>=</mml:mo>
<mml:mrow>
<mml:mo>(</mml:mo>
<mml:mrow>
<mml:msub>
<mml:mi>&#x3bc;</mml:mi>
<mml:mrow>
<mml:mi>E</mml:mi>
<mml:mi>p</mml:mi>
</mml:mrow>
</mml:msub>
<mml:mo>&#x2212;</mml:mo>
<mml:msub>
<mml:mi>&#x3bc;</mml:mi>
<mml:mrow>
<mml:mi>E</mml:mi>
<mml:mi>c</mml:mi>
</mml:mrow>
</mml:msub>
</mml:mrow>
<mml:mo>)</mml:mo>
</mml:mrow>
<mml:mo>&#x2212;</mml:mo>
<mml:mfrac>
<mml:mrow>
<mml:msub>
<mml:mi>&#x3bc;</mml:mi>
<mml:mrow>
<mml:mi>C</mml:mi>
<mml:mi>p</mml:mi>
</mml:mrow>
</mml:msub>
<mml:mo>&#x2212;</mml:mo>
<mml:msub>
<mml:mi>&#x3bc;</mml:mi>
<mml:mrow>
<mml:mi>C</mml:mi>
<mml:mi>c</mml:mi>
</mml:mrow>
</mml:msub>
</mml:mrow>
<mml:mstyle mathvariant="bold" mathsize="normal">
<mml:mi>&#x3bb;</mml:mi>
</mml:mstyle>
</mml:mfrac>
<mml:mo>=</mml:mo>
<mml:mo>&#xa0;</mml:mo>
<mml:mi>&#x394;</mml:mi>
<mml:mi>E</mml:mi>
<mml:mo>&#x2212;</mml:mo>
<mml:mi>&#x394;</mml:mi>
<mml:mi>C</mml:mi>
<mml:mo stretchy="false">/</mml:mo>
<mml:mstyle mathvariant="bold" mathsize="normal">
<mml:mi>&#x3bb;</mml:mi>
</mml:mstyle>
</mml:mrow>
</mml:math>
</disp-formula>
<p>and</p>
<disp-formula>
<mml:math display="block" id="M2">
<mml:mrow>
<mml:mtext>INMB</mml:mtext>
<mml:mrow>
<mml:mo>(</mml:mo>
<mml:mstyle mathvariant="bold" mathsize="normal">
<mml:mi>&#x3bb;</mml:mi>
</mml:mstyle>
<mml:mo>)</mml:mo>
</mml:mrow>
<mml:mo>=</mml:mo>
<mml:mrow>
<mml:mo>(</mml:mo>
<mml:mrow>
<mml:msub>
<mml:mi>&#x3bc;</mml:mi>
<mml:mrow>
<mml:mi>E</mml:mi>
<mml:mi>p</mml:mi>
</mml:mrow>
</mml:msub>
<mml:mo>&#x2212;</mml:mo>
<mml:msub>
<mml:mi>&#x3bc;</mml:mi>
<mml:mrow>
<mml:mi>E</mml:mi>
<mml:mi>c</mml:mi>
</mml:mrow>
</mml:msub>
</mml:mrow>
<mml:mo>)</mml:mo>
</mml:mrow>
<mml:mo>&#xd7;</mml:mo>
<mml:mstyle mathvariant="bold" mathsize="normal">
<mml:mi>&#x3bb;</mml:mi>
</mml:mstyle>
<mml:mo>&#x2212;</mml:mo>
<mml:mo stretchy="false">(</mml:mo>
<mml:msub>
<mml:mi>&#x3bc;</mml:mi>
<mml:mrow>
<mml:mi>C</mml:mi>
<mml:mi>p</mml:mi>
</mml:mrow>
</mml:msub>
<mml:mo>&#x2212;</mml:mo>
<mml:msub>
<mml:mi>&#x3bc;</mml:mi>
<mml:mrow>
<mml:mi>C</mml:mi>
<mml:mi>c</mml:mi>
</mml:mrow>
</mml:msub>
<mml:mo stretchy="false">)</mml:mo>
<mml:mo>=</mml:mo>
<mml:mo>&#xa0;</mml:mo>
<mml:mi>&#x394;</mml:mi>
<mml:mi>E</mml:mi>
<mml:mo>&#xd7;</mml:mo>
<mml:mstyle mathvariant="bold" mathsize="normal">
<mml:mi>&#x3bb;</mml:mi>
</mml:mstyle>
<mml:mo>&#x2212;</mml:mo>
<mml:mi>&#x394;</mml:mi>
<mml:mi>C</mml:mi>
<mml:mo>,</mml:mo>
</mml:mrow>
</mml:math>
</disp-formula>
<p>where &#x3bc;<italic>
<sub>E</sub>
</italic>
<sub>p</sub> and &#x3bc;<italic>
<sub>E</sub>
</italic>
<sub>c</sub> are the effectiveness of pembrolizumab and cemiplimab, respectively; &#x3bc;<italic>
<sub>C</sub>
</italic>
<sub>p</sub>, &#x3bc;<italic>
<sub>C</sub>
</italic>
<sub>c</sub> and are the costs of pembrolizumab and cemiplimab, respectively; and &#x3bb; is the WTP threshold (<xref ref-type="bibr" rid="B43">43</xref>, <xref ref-type="bibr" rid="B44">44</xref>).</p>
</sec>
<sec id="s2_5">
<title>Sensitivity and subgroup analyses</title>
<p>In this study, we performed one-way and probabilistic sensitivity analyses to estimate the robustness of the model outcomes. One-way sensitivity analyses were performed for different variables, including costs and utilities, and the uncertainty of each variable was either calculated according to the 95% CIs reported in the literature, or estimated by assuming a 25% variation from the baseline values (<xref ref-type="table" rid="T1">
<bold>Table&#xa0;1</bold>
</xref>). A probabilistic sensitivity analysis with 10,000 iterations was performed using Monte Carlo simulation to test the uncertainty of the model with pre-specified probability distributions. Gamma distribution was used for the cost parameters, log-normal distribution was used for the HRs, and beta distribution was selected for the probability, proportion, and preference value parameters. A cost-effectiveness acceptability curve was drawn to evaluate the possibility that pembrolizumab or cemiplimab would be valuable at different WTP values for QALY gains according to the results obtained from 10,000 iterations. Subgroup analyses were constructed for the subgroups reported in the trials of EMPOWER-Lung 1, KEYNOTE 024, and KEYNOTE 042 using different HRs for PFS and OS. All statistical analyses in this study were performed using the hesim and heemod packages in R, version 4.0.5, 2021 (R Foundation for Statistical Computing).</p>
</sec>
</sec>
<sec id="s3" sec-type="results">
<title>Results</title>
<sec id="s3_1">
<title>Network meta-analysis</title>
<p>The database search identified 1,215 records, and three phase 3 RCTs (EMPOWER-Lung 1, KEYNOTE 024, and KEYNOTE 042) involving 2289 patients were evaluated in the network meta-analysis (<xref ref-type="supplementary-material" rid="SF3">
<bold>Supplementary Figure&#xa0;3</bold>
</xref>). In the EMPOWER-Lung 1 trial, 710 patients were allocated to the cemiplimab or platinum-based chemotherapy group; in KEYNOTE 024, 305 patients were assigned to receive pembrolizumab or platinum-based chemotherapy; while in KEYNOTE 042, 1,274 patients received pembrolizumab or platinum-based chemotherapy treatment. The risk of bias and methodological quality of the studies were evaluated, and are shown in <xref ref-type="supplementary-material" rid="SF4">
<bold>Supplementary Figure&#xa0;4</bold>
</xref>. The network meta-analysis revealed that compared with cemiplimab, the HRs for OS and PFS of pembrolizumab was 1.18 (95% CI, 0.83-1.67) and 1.49 (95% CI, 1.11-2.04), respectively.</p>
</sec>
<sec id="s3_2">
<title>Cost-effectiveness analysis</title>
<sec id="s3_2_1">
<title>Base-case analyses</title>
<p>Compared with cemiplimab, pembrolizumab provided an additional 0.093 QALYs with an additional cost of $10,657, which was related to an ICER of $114,246/QALY in the Markov model. The INHB was -0.013 and 0.002 QALYs, and the INMB was -$1,329 and $3,335 at WTP thresholds of $100,000/QALY and $150,000/QALY, respectively (<xref ref-type="table" rid="T2">
<bold>Table&#xa0;2</bold>
</xref>). We found that the ICER in the PS model was similar to that in the Markov model, with a difference of $3,093/QALY (<xref ref-type="table" rid="T2">
<bold>Table&#xa0;2</bold>
</xref>). On the other hand, compared with platinum-based chemotherapy, the corresponding ICERs of pembrolizumab and cemiplimab were $175,442/QALY and $211,130/QALY, respectively (<xref ref-type="supplementary-material" rid="SF9">
<bold>Supplementary Table&#xa0;3</bold>
</xref>).</p>
<table-wrap id="T2" position="float">
<label>Table&#xa0;2</label>
<caption>
<p>Summary of cost and outcome results in the base-case analysis in the markov model and partitioned survival model.</p>
</caption>
<table frame="hsides">
<thead>
<tr>
<th valign="top" align="left">Factor</th>
<th valign="top" align="center">Cemiplimab</th>
<th valign="top" align="center">Pembrolizumab</th>
<th valign="top" align="center">Incremental pembrolizumab vs cemiplimab</th>
</tr>
</thead>
<tbody>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Markov model</bold>
</td>
</tr>
<tr>
<td valign="top" align="left">Cost, $</td>
<td valign="top" align="center"/>
<td valign="top" align="center"/>
<td valign="top" align="center"/>
</tr>
<tr>
<td valign="top" align="left">First-line drug</td>
<td valign="top" align="center">104,883</td>
<td valign="top" align="center">143,114</td>
<td valign="top" align="center">38,232</td>
</tr>
<tr>
<td valign="top" align="left">Disease costs</td>
<td valign="top" align="center">112,046</td>
<td valign="top" align="center">93,088</td>
<td valign="top" align="center">-18,958</td>
</tr>
<tr>
<td valign="top" align="left">Drug administration cost</td>
<td valign="top" align="center">3,478</td>
<td valign="top" align="center">3,300</td>
<td valign="top" align="center">-178</td>
</tr>
<tr>
<td valign="top" align="left">Overall</td>
<td valign="top" align="center">271,957</td>
<td valign="top" align="center">282,613</td>
<td valign="top" align="center">10,657</td>
</tr>
<tr>
<td valign="top" align="left">Life-years</td>
<td valign="top" align="center"/>
<td valign="top" align="center"/>
<td valign="top" align="center"/>
</tr>
<tr>
<td valign="top" align="left">Progression-free</td>
<td valign="top" align="center">0.715</td>
<td valign="top" align="center">0.966</td>
<td valign="top" align="center">0.251</td>
</tr>
<tr>
<td valign="top" align="left">Overall</td>
<td valign="top" align="center">2.637</td>
<td valign="top" align="center">2.394</td>
<td valign="top" align="center">-0.243</td>
</tr>
<tr>
<td valign="top" align="left">QALYs</td>
<td valign="top" align="center">0.826</td>
<td valign="top" align="center">0.920</td>
<td valign="top" align="center">0.093</td>
</tr>
<tr>
<td valign="top" align="left">Incremental cost per QALY<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">114,246</td>
</tr>
<tr>
<td valign="top" align="left">INHB, QALY, at WTP threshold 100000<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">-0.013</td>
</tr>
<tr>
<td valign="top" align="left">INMB, $, at WTP threshold 100000<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">-1,329</td>
</tr>
<tr>
<td valign="top" align="left">INHB, QALY, at threshold 150000<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">0.022</td>
</tr>
<tr>
<td valign="top" align="left">INMB, $, at threshold 150000<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">3,335</td>
</tr>
<tr>
<td valign="top" colspan="4" align="left">
<bold>Partitioned Survival Model</bold>
</td>
</tr>
<tr>
<td valign="top" align="left">Cost, $</td>
<td valign="top" align="center"/>
<td valign="top" align="center"/>
<td valign="top" align="center"/>
</tr>
<tr>
<td valign="top" align="left">First-line drug</td>
<td valign="top" align="center">106,958</td>
<td valign="top" align="center">144,990</td>
<td valign="top" align="center">38,032</td>
</tr>
<tr>
<td valign="top" align="left">Disease costs</td>
<td valign="top" align="center">111,522</td>
<td valign="top" align="center">92,683</td>
<td valign="top" align="center">-18,839</td>
</tr>
<tr>
<td valign="top" align="left">Drug administration cost</td>
<td valign="top" align="center">146,431</td>
<td valign="top" align="center">199,898</td>
<td valign="top" align="center">53,468</td>
</tr>
<tr>
<td valign="top" align="left">Overall</td>
<td valign="top" align="center">272,656</td>
<td valign="top" align="center">284,071</td>
<td valign="top" align="center">11,414</td>
</tr>
<tr>
<td valign="top" align="left">Life-years</td>
<td valign="top" align="center"/>
<td valign="top" align="center"/>
<td valign="top" align="center"/>
</tr>
<tr>
<td valign="top" align="left">Progression-free</td>
<td valign="top" align="center">0.891</td>
<td valign="top" align="center">1.567</td>
<td valign="top" align="center">0.676</td>
</tr>
<tr>
<td valign="top" align="left">Overall</td>
<td valign="top" align="center">2.542</td>
<td valign="top" align="center">2.389</td>
<td valign="top" align="center">-0.153</td>
</tr>
<tr>
<td valign="top" align="left">QALYs</td>
<td valign="top" align="center">0.833</td>
<td valign="top" align="center">0.931</td>
<td valign="top" align="center">0.097</td>
</tr>
<tr>
<td valign="top" align="left">Incremental cost per QALY<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">117,339</td>
</tr>
<tr>
<td valign="top" align="left">INHB, QALY, at WTP threshold 100000<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">-0.017</td>
</tr>
<tr>
<td valign="top" align="left">INMB, $, at WTP threshold 100000<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">-1,687</td>
</tr>
<tr>
<td valign="top" align="left">INHB, QALY, at threshold 150000<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">0.021</td>
</tr>
<tr>
<td valign="top" align="left">INMB, $, at threshold 150000<sup>a</sup>
</td>
<td valign="top" colspan="3" align="center">3,177</td>
</tr>
</tbody>
</table>
<table-wrap-foot>
<fn>
<p>INHB, incremental net health benefit; INMB, incremental net monetary benefit; QALY, quality-adjusted life-years.</p>
</fn>
<fn>
<p>
<sup>a</sup>Compared with cemiplimab.</p>
</fn>
</table-wrap-foot>
</table-wrap>
</sec>
</sec>
<sec id="s3_3">
<title>Sensitivity analysis</title>
<p>One-way sensitivity analyses illustrated that the primary drivers of the model outcome were the cost of pembrolizumab and cemiplimab (<xref ref-type="supplementary-material" rid="SF5">
<bold>Supplementary Figure&#xa0;5</bold>
</xref>) because this factor had the greatest impact on ICER. The model results were robust to the uncertainty of other model inputs, such as the cost of second-line chemotherapy therapy, AE related costs, and disutilities. Compared with cemiplimab, the cost-effectiveness acceptability curves revealed that pembrolizumab was associated with a cost-effectiveness probability of 48.82% and 51.85% when the WTP thresholds were $100,000, and $150,000, respectively (<xref ref-type="fig" rid="f2">
<bold>Figure&#xa0;2</bold>
</xref>). We subsequently estimated the relevance of these key variables to the ICER between cemiplimab and pembrolizumab. When the WTP threshold was set as $100,000/QALY, pembrolizumab was cost-effective when the cost of pembrolizumab was less than $56.26 per mg or the cost of cemiplimab exceeded $26.88 per mg. When the WTP threshold was increased to $150,000/QALY, and the cost of pembrolizumab less than $53.98 per mg or the cost of cemiplimab was exceeded $26.69 per mg, pembrolizumab was cost-effective; otherwise, cemiplimab was preferable (<xref ref-type="supplementary-material" rid="SF6">
<bold>Supplementary Figure&#xa0;6</bold>
</xref>).</p>
<fig id="f2" position="float">
<label>Figure&#xa0;2</label>
<caption>
<p>Cost-effectiveness Acceptability Curves for Pembrolizumab vs Cemiplimab.</p>
</caption>
<graphic mimetype="image" mime-subtype="tiff" xlink:href="fonc-12-878054-g002.tif"/>
</fig>
</sec>
<sec id="s3_4">
<title>Subgroup analysis</title>
<p>In this study, we performed subgroup analyses to evaluate various HRs for OS, and the results showed that pembrolizumab was related to positive INHB values with &#x2265; 50% probability, and should be considered cost-effective in the following subgroups: patients aged less than 65 years, those with an Eastern Cooperative Oncology Group score of 0, those with non-squamous cell carcinoma, and those without brain metastases at baseline, at either of the $100,000/QALY or $150,000/QALY thresholds (<xref ref-type="fig" rid="f3">
<bold>Figure&#xa0;3</bold>
</xref>).</p>
<fig id="f3" position="float">
<label>Figure&#xa0;3</label>
<caption>
<p>Subgroup Analysis Results of Incremental Net Health Benefits (INHBs) and Probabilities of Cost-effectiveness Obtained by Varying the Hazard Ratios (HRs) for Overall Survival and Progression-free Survival.</p>
</caption>
<graphic mimetype="image" mime-subtype="tiff" xlink:href="fonc-12-878054-g003.tif"/>
</fig>
</sec>
</sec>
<sec id="s4" sec-type="discussion">
<title>Discussion</title>
<p>In this study, we performed a network meta-analysis and cost-effectiveness analysis based on the findings of the KEYNOTE 024, EMPOWER-Lung 1, and KEYNOTE 042 trials. Our results revealed that, compared with cemiplimab, pembrolizumab was associated with an incremental survival of 0.093 QALYs and an additional cost of $10,657, which was related to an ICER of $114,246/QALY for the treatment of advanced NSCLC. The cost-effectiveness acceptability curves revealed that the probability of pembrolizumab being more cost-effective was 48.82% and 51.85% at WTP thresholds of $100,000 and $150,000/QALY, respectively. Subgroup analysis results revealed that pembrolizumab was the preferable treatment drug in the majority of the subgroups because of its relation to positive INHBs and higher than 50% possibility of cost-effectiveness compared with cemiplimab at a threshold of $150,000/QALY. The results of this study are robust, as demonstrated by further one-way and probabilistic sensitivity analyses. The one-way sensitivity analysis results suggested that the cost of pembrolizumab and cemiplimab was the most influential factor in patients with advanced NSCLC with high PD-L1 expression; however, the WTP findings were stable when the cost of pembrolizumab and cemiplimab fluctuated within a reasonable range.</p>
<p>Prior studies also evaluated the cost-effectiveness of pembrolizumab (<xref ref-type="bibr" rid="B5">5</xref>, <xref ref-type="bibr" rid="B45">45</xref>) or cemiplimab (<xref ref-type="bibr" rid="B46">46</xref>) monotherapy for patients with advanced NSCLC with high PD-L1 expression compared to platinum-based chemotherapy. In general, pembrolizumab is the preferred treatment for patients with NSCLC with high PD-L1 expression (<xref ref-type="bibr" rid="B26">26</xref>, <xref ref-type="bibr" rid="B27">27</xref>). Georgieva et&#xa0;al. suggested that first-line pembrolizumab for NSCLC may be cost-effective in the US compared to platinum-based chemotherapy, but not in the United Kingdom (UK) (<xref ref-type="bibr" rid="B45">45</xref>). More specifically, the ICERs/QALY for the UK and US were $52,000 and $49,000, respectively (<xref ref-type="bibr" rid="B45">45</xref>). Christos Chouaid et&#xa0;al. considered that pembrolizumab may be cost-effective for patients treated in France, and the ICER/QALY of pembrolizumab versus platinum-based doublets was $95,870 (<xref ref-type="bibr" rid="B5">5</xref>). A previously published paper also compared the cost-effectiveness of cemiplimab versus platinum-based chemotherapy, yielding an ICERs of $40,390/QALY in patients with advanced NSCLC with high PD-L1 expression (<xref ref-type="bibr" rid="B46">46</xref>). In this study, we investigated cost-effectiveness from the societal perspective in the US, which could explain why the ICERs of pembrolizumab and cemiplimab were higher than that of in previously published studies compared with platinum-based chemotherapy.</p>
<p>It is worth emphasizing the advantages of this study. First, to our knowledge, this is the first study to assess the cost-effectiveness of pembrolizumab versus cemiplimab for the treatment of advanced NSCLC with high PD-L1 expression from a societal perspective using Markov and PS models. Second, we used a network meta-analysis approach to perform an indirect comparison of the two ICIs. Moreover, we established a 10-year Markov model and PS model, which included sufficient variables to explore the cost-effectiveness of immunotherapies. We also considered the costs from direct medical and societal perspectives. Third, our study analyzed the cost-effectiveness of the 10 subgroups prespecified by the EMPOWER-Lung 1, KEYNOTE 024, and KEYNOTE 042 trials. Cost-effective outcomes for the subgroups may aid psychiatrists, clinicians, and decision-makers to develop appropriate therapeutic strategies for patients with special characteristics. Fourth, we adopted Markov and PS models to perform the cost-effectiveness analysis, and the ICER in the PS model was similar to that in the Markov model.</p>
<p>This study has some limitations which should be mentioned. First, although the EMPOWER-Lung 1, KEYNOTE 024, and KEYNOTE 042 trials similarly focused on advanced NSCLC with high PD-L1 expression, there was heterogeneity between them. Interpretations of these results should be performed cautiously because of the potential bias in these three trials that did not provide the original individual patient data. Second, we assumed that the risk of AEs and the percentages of management of AEs in the subgroup of patients were equal to those in the treatment groups. Furthermore, subgroup analysis with a limited sample size decreased the robustness of the model outcomes. Third, the robustness of the model was evaluated by its structure, assumptions, data sources, analyses, and results. We evaluated all uncertainties in the sensitivity analyses. Considering that pembrolizumab and cemiplimab are comparatively new treatment for patients with advanced NSCLC with high PD-L1 expression, long-term follow-up survival data were not reported, and the accuracy of the results of our study could not be further validated and explored. Fourth, in the sensitivity analyses, we assumed a 25% variation in the baseline values of variables, without providing the range of confidence intervals. This assumption method is frequently used in economic assessments; however, this interval may be inaccurate for some variables. Fifth, considering the differences in cost inputs and payment capacity in different regions, the results of this study may not be applicable to other countries (<xref ref-type="bibr" rid="B29">29</xref>). Finally, our societal perspective model incorporated informal healthcare costs, such as patient time and/or salary, transportation, and caregiver costs. However, these costs were not evaluated in patients with NSCLC, and may be inaccurate for some variables.</p>
</sec>
<sec id="s5" sec-type="conclusions">
<title>Conclusions</title>
<p>We performed a network meta-analysis and cost-effectiveness analysis to evaluate the cost-effectiveness of pembrolizumab and cemiplimab for the treatment of patients with advanced NSCLC with high PD-L1 expression from a societal perspective in the US. This economic evaluation found that the optimal therapy choice between pembrolizumab and cemiplimab could be cost-effective for patients with advanced NSCLC with high PD-L1 expression, in consideration of the WTP threshold. Given a WTP of $100,000/QALY, cemiplimab was cost-effective; however, at a WTP threshold of $150,000/QALY, pembrolizumab was cost-effective. Economic evaluation may be improved by adjusting the price of pembrolizumab or cemiplimab. Considering the limitations of our study, additional well-designed, high-quality RCTs and real-world studies are urgently required. We believe that the results of our study will provide clinical evidence and play an important role in the evaluation of the value of pembrolizumab and cemiplimab in the treatment of patients with advanced NSCLC with high PD-L1 expression.</p>
</sec>
<sec id="s6" sec-type="data-availability">
<title>Data availability statement</title>
<p>The original contributions presented in the study are included in the article/<xref ref-type="supplementary-material" rid="SF1">
<bold>Supplementary Material</bold>
</xref>. Further inquiries can be directed to the corresponding author.</p>
</sec>
<sec id="s7" sec-type="Author-contributions">
<title>Author contributions</title>
<p>YL participated in study concept and design, constructed the model, did the literature search and the acquisition of data, analyzed the data, and drafted the manuscript. XL conceived and designed the study, constructed the model, did the literature search and the acquisition of data, analyzed the data, and revised the manuscript. TY contributed to interpretation of results and the critical revision of the manuscript for important intellectual content. SG did the critical revision of the manuscript for important intellectual content. XC conceived and designed the study, acquired the funding, did the acquisition of data, revised the manuscript, technical and material support, and approved the final version of the manuscript. All authors read and approved the final manuscript.</p>
</sec>
<sec id="s8" sec-type="funding-information">
<title>Funding</title>
<p>This work was supported by the National Natural Science Foundation of China (No. 82160763).</p>
</sec>
<sec id="s9" sec-type="COI-statement">
<title>Conflict of interest</title>
<p>The authors declare that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest.</p>
</sec>
<sec id="s10" sec-type="disclaimer">
<title>Publisher&#x2019;s note</title>
<p>All claims expressed in this article are solely those of the authors and do not necessarily represent those of their affiliated organizations, or those of the publisher, the editors and the reviewers. Any product that may be evaluated in this article, or claim that may be made by its manufacturer, is not guaranteed or endorsed by the publisher.</p>
</sec>
</body>
<back>
<sec id="s11" sec-type="supplementary-material">
<title>Supplementary material</title>
<p>The Supplementary Material for this article can be found online at: <ext-link ext-link-type="uri" xlink:href="https://www.frontiersin.org/articles/10.3389/fonc.2022.878054/full#supplementary-material">https://www.frontiersin.org/articles/10.3389/fonc.2022.878054/full#supplementary-material</ext-link>
</p>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF1" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Figure&#xa0;1</label>
<caption>
<p>Flowchart of Study Selection.</p>
</caption>
</supplementary-material>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF2" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Figure&#xa0;2</label>
<caption>
<p>Model Fitting Analysis.</p>
</caption>
</supplementary-material>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF3" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Figure&#xa0;3</label>
<caption>
<p>Model Schematic for Network Meta-analysis.</p>
</caption>
</supplementary-material>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF4" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Figure&#xa0;4</label>
<caption>
<p>Risk of Bias Summary.</p>
</caption>
</supplementary-material>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF5" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Figure&#xa0;5</label>
<caption>
<p>Tornado Diagram of One-Way Sensitivity Analyses of Pembrolizumab Versus Cemiplimab in Order of Magnitude of the Association.</p>
</caption>
</supplementary-material>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF6" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Figure&#xa0;6</label>
<caption>
<p>Impacts of Key Factors on Incremental Cost-effectiveness Ratio.</p>
</caption>
</supplementary-material>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF7" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Table&#xa0;1</label>
<caption>
<p>Estimated Parameters and AIC Values from Each Survival Model.</p>
</caption>
</supplementary-material>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF8" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Table&#xa0;2</label>
<caption>
<p>Associated Costs and Disutility of Grade 3 to 4 Treatment-Related AEs.</p>
</caption>
</supplementary-material>
<supplementary-material xlink:href="DataSheet_1.docx" id="SF9" mimetype="application/vnd.openxmlformats-officedocument.wordprocessingml.document">
<label>Supplementary Table&#xa0;3</label>
<caption>
<p>Results of Base-case Analysis Included Platinum-based Chemotherapy.</p>
</caption>
</supplementary-material>
</sec>
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