First-Ever Cost-Effectiveness Analysis of a Factor XI Inhibitor Demonstrates that Abelacimab, if Approved, Could Offer Significant Cost Savings as Compared to a Current Standard of Care An...
Novartis AG (NVS)
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Source: Yahoo! Finance
Cost-effectiveness analysis based upon the results from the landmark AZALEA-TIMI 71 study which was stopped early by the Data Monitoring Committee (DMC) due to a substantially greater than anticipated reduction in major and clinically relevant non-major bleeds in the abelacimab arms compared to rivaroxaban Abelacimab is an investigational, once-monthly, highly selective, fully human monoclonal antibody that achieves a near complete 99% Inhibition of Factor XI CAMBRIDGE, Mass., May 06, 2024 BUSINESS WIRE )--Results of the first-ever cost-effectiveness study of a Factor XI inhibitor were presented today during sessions of the Professional Society for Health Economics and Outcomes Research (ISPOR) annual meeting. The analysis indicates that abelacimab could offer a potential cost-savings of $50,000 USD and improvements of 1.5 quality-adjusted life years (QALY's) per person over a lifetime horizon as compared to rivaroxaban, a commonly used direct oral anticoagulant (DOAC). If approv
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- 4/23/24 - Beat
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