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Replies to #69948 on Biotech Values
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DewDiligence

12/12/08 2:35 AM

#69958 RE: Preciouslife1 #69948

Femara vs Tamoxifen study and the usefulness of mathematical models:

>…approximately 25% of patients in the tamoxifen arm selectively crossed over to Femara therapy. This cross-over took place after the tamoxifen arm was unblinded in 2005 and showed superiority of Femara monotherapy over tamoxifen monotherapy in improving disease-free survival and reducing the risk of recurrence. When correcting for this cross-over in the tamoxifen arm, a 19% reduction in risk of death (HR=0.81, 95% CI: 0.69-0.94) was observed in favour of Femara.<

This is a good example of the usefulness of mathematical models that correct for the mass crossovers which occur when a trial is unblinded due to showing a statsig benefit on the primary (non-survival) endpoint.

Three years ago, the disease-free survival (DFS) data from this head-to-head trial were reported and were a blowout win for Femara:

• 19% lower risk of local recurrence
• 27% lower risk of metastatic recurrence
• 21% lower risk of any recurrence (a blend of 19% and 27% figs above)
• 29% lower risk of recurrence in patents with lymph-node involvement at baseline
• 30% lower risk of recurrence in patients who received concurrent chemo

With DFS numbers like these from a large randomized trial, it would’ve been hard to believe that Femara does not in fact extend overall survival compared to Tamoxifen in the adjuvant breast-cancer setting. Thanks to the mathematical model above cited above, we can be confident that it does. HR=0.81 for overall survival sounds about right, intuitively.
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DewDiligence

12/12/08 2:58 AM

#69960 RE: Preciouslife1 #69948

How Femara gained from its role in the adjuvant setting:

Until the DFS results from the ‘BIG 1-98’ head-to-head study of Femara vs Tamoxifen were reported in 2005, Femara was a modest-selling drug for NVS that was rarely discussed with investors. (NVS’ blockbusters such as Diovan and Gleevec garnered most of the investor attention.) Then in 2005, the DFS results from BIG 1-08 came out and Femara received a label expansion into the adjuvant setting.

The rest is, well, history

2004: $454M
2005: $536M (‘BIG 1-98’ DFS results reported)
2006: $719M (FDA approves for adjuvant setting: Dec 2005)
2007: $937M
2008: $1.2B est. ($850M in first nine months)

2009 ought to see another healthy sales increase given the overall-survival results reported by PL1 in #msg-34135144.

Not bad for an ‘also-ran’ drug.