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a scenario analysis that included a 25% cure fraction in the standard cytarabine and daunorubicin group. This reduced the cost effectiveness of liposomal cytarabine–daunorubicin compared with standard cytarabine and daunorubicin. The committee concluded that the model was appropriate for decision making. However, it agreed that there was still uncertainty in the difference in overall survival between the two treatment groups after stem cell transplant and in the cure fraction assumed for the standard cytarabine and daunorubicin group. Event-free survival analysis for patients who had a complete response is unreliable because of small patient numbers. The company and ERG agreed that the analysis used to model event-free survival after transplant for patients who had a complete response in the model was uncertain because of small patient numbers. The ERG also suggested that it lacked face validity. This was because there was little difference between the two treatment groups, unlike for overall survival after transplant. Therefore the ERG excluded these data from the model and used the overall survival analysis to inform a 2-state model. In this model, patients were either in remission or dead. This change increased the cost effectiveness of liposomal cytarabine–daunorubicin. In response to consultation, the company adopted the ERG’s approach to modelling event-free survival. The committee would have preferred the whole population to be modelled together (whether or not they had a stem cell transplant) but hospitalpharmacyeurope.com | 2019 | 7