Copyright: ©Author(s) 2026.
World J Gastrointest Oncol. Apr 15, 2026; 18(4): 113266
Published online Apr 15, 2026. doi: 10.4251/wjgo.v18.i4.113266
Published online Apr 15, 2026. doi: 10.4251/wjgo.v18.i4.113266
Table 3 Model parameters
| Model variables | Base line value (range) | Minimum | Maximum | Distribution | Source | |
| Survival distribution | ||||||
| PFS of sorafenib | μ = -1.079, σ = 0.855 | Fixed | Fixed | Log-normal | Model fitting | |
| OS of sorafenib | μ = 0.115, σ = 0.992 | Fixed | Fixed | Log-normal | Model fitting | |
| PFS of lenvatinib | μ = -0.515, σ = 1.100 | μ = -0.218, σ = 1.219 | μ = -0.785, σ = 0.990 | Log-normal | NMA | |
| OS of lenvatinib | μ = 0.407, σ = 1.075 | μ = 0.689, σ = 1.171 | μ = 0.144, σ = 1.003 | Log-normal | NMA | |
| PFS of camrelizumab plus rivoceranib | μ = -0.582, σ = 1.043 | μ = -0.339, σ = 1.135 | μ = -0.791, σ = 0.961 | Log-normal | NMA | |
| OS of camrelizumab plus rivoceranib | μ = 0.534, σ = 1.129 | μ = 811, σ = 1.207 | μ = 0.256, σ = 1.044 | Log-normal | NMA | |
| PFS of sintilimab plus IBI305 | μ = -0.592, σ = 1.016 | μ = -0.376, σ = 1.093 | μ = -0.782, σ = 0.947 | Log-normal | NMA | |
| OS of sintilimab plus IBI305 | μ = 0.592, σ = 1.108 | μ = 0.858, σ = 1.176 | μ = 0.339, σ = 1.039 | Log-normal | NMA | |
| PFS of L + P | μ = -0.350, σ = 1.166 | μ = 0.179, σ = 1.360 | μ = -0.809, σ = 0.971 | Log-normal | NMA | |
| OS of L + P | μ = 0.692, σ = 1.157 | μ = 1.240, σ = 1.311 | μ = 0.205, σ = 1.042 | Log-normal | NMA | |
| PFS of atezolizumab plus bevacizumab | μ = -0.649, σ = 1.007 | μ = -0.232, σ = 1.160 | μ = -1.009, σ = 0.861 | Log-normal | NMA | |
| OS of atezolizumab plus bevacizumab | μ = 0.878, σ = 1.199 | μ = 1.508, σ = 1.360 | μ = 0.328, σ = 1.042 | Log-normal | NMA | |
| PFS of L + T | μ = 0.477, σ = 1.467 | μ = 0.930, σ = 1.6380 | μ = 0.023, σ = 1.3025 | Log-normal | NMA | |
| OS of L + T | μ = 1.267, σ = 1.337 | μ = 1.771, σ = 1.483 | μ = 0.824, σ = 1.228 | Log-normal | NMA | |
| Treatment cost ($) | ||||||
| Sorafenib; Bayer (per plate) | 12.07 | Fixed | Fixed | Gamma | Bid-winning price | |
| Lenvatinib; Eisai (per plate) | 15.17 | 12.14 | 18.2 | Gamma | Bid-winning price | |
| Sintilimab; Xinda (per cycle) | 303.37 | 242.7 | 364.04 | Gamma | Bid-winning price | |
| IBI305; Xinda (per kg) | 23.51 | 18.81 | 28.21 | Gamma | Bid-winning price | |
| Apatinib; Hengrui (per plate) | 14.69 | 11.75 | 17.63 | Gamma | Bid-winning price | |
| Camrelizumab; Hengrui (per cycle) | 361.89 | 289.51 | 434.27 | Gamma | Bid-winning price | |
| Atezolizumab; Roche (per cycle) | 4606.74 | 3685.39 | 5528.09 | Gamma | Bid-winning price | |
| Bevacizumab; Roche (per 100 mg) | 210.67 | 168.54 | 252.8 | Gamma | Bid-winning price | |
| Pembrolizumab; Merck (per cycle) | 5033.15 | 4026.52 | 6039.78 | Gamma | Bid-winning price | |
| Regofenib, Bayer (per plate) | 24.16 | 19.33 | 28.99 | Gamma | Bid-winning price | |
| TACE (per cycle) | 2986.24 | 2388.99 | 3583.49 | Gamma | Bid-winning price | |
| Best supportive care (per year) | 3180 | 2544 | 3816 | Gamma | ||
| Bed charge (per cycle) | 58.57 | 46.86 | 70.28 | Gamma | Bid-winning price | |
| Follow-up and monitoring (per year) | 659.58 | 527.66 | 791.5 | Gamma | ||
| Hospice care (per person) | 1839 | 1471.2 | 2206.8 | Gamma | ||
| Cost of adverse events ($) | ||||||
| Proteinuria | 562.64 | 450.11 | 675.17 | Gamma | DRG | |
| Hypertension | 520.51 | 416.41 | 624.61 | Gamma | DRG | |
| Asthenia | 0 | 0 | 0 | Gamma | DRG | |
| Rash | 245.79 | 196.63 | 294.95 | Gamma | DRG | |
| Hand-foot syndrome | 245.79 | 196.63 | 294.95 | Gamma | DRG | |
| RCCEP | 577.11 | 461.69 | 692.53 | Gamma | DRG | |
| Diarrhea | 630.2 | 504.16 | 756.24 | Gamma | DRG | |
| Increased AST | 474.72 | 379.78 | 569.66 | Gamma | DRG | |
| Increased blood bilirubin | 439.75 | 351.8 | 527.7 | Gamma | DRG | |
| Neutropenia | 586.8 | 469.44 | 704.16 | Gamma | DRG | |
| Decreased platelet count | 582.02 | 465.62 | 698.42 | Gamma | DRG | |
| Anemia | 685.67 | 548.54 | 822.8 | Gamma | DRG | |
| Sorafenib | 174.72 | 139.78 | 209.66 | Gamma | Calculation | |
| Lenvatinib | 234.41 | 187.53 | 281.29 | Gamma | Calculation | |
| Camrelizumab plus rivoceranib | 505.2 | 404.16 | 606.24 | Gamma | Calculation | |
| Sintilimab plus IBI308 | 177.39 | 141.91 | 212.87 | Gamma | Calculation | |
| Atezolizumab plus bevacizumab | 126.12 | 100.9 | 151.34 | Gamma | Calculation | |
| L + P | 262.36 | 209.89 | 314.83 | Gamma | Calculation | |
| L + T | 329.78 | 263.82 | 395.74 | Gamma | Calculation | |
| After progression | 283.15 | 226.52 | 339.78 | Gamma | Calculation | |
| Other parameters | ||||||
| Weight | 65 | 52 | 78 | Normal | ||
| Discount rate | 0.05 | 0 | 0.08 | Uniform | ||
| Cycle of TACE | 3 | 1 | 6 | Uniform | ||
| Exchange rate | 7.12 | - | - | - | Fixed | |
| Utility | ||||||
| PFS | 0.76 | 0.608 | 0.912 | Beta | ||
| Progressive disease | 0.68 | 0.544 | 0.816 | Beta | ||
| Disutiliy of toxicities | ||||||
| Proteinuria | 0 | 0 | 0 | Beta | ||
| Hypertension | 0.08 | 0.064 | 0.096 | Beta | ||
| Asthenia | 0.1 | 0.08 | 0.12 | Beta | ||
| Rash | 0.1 | 0.08 | 0.12 | Beta | ||
| Hand-foot syndrome | 0.116 | 0.093 | 0.139 | Beta | ||
| RCCEP | 0.1 | 0.08 | 0.12 | Beta | ||
| Diarrhea | 0.05 | 0.04 | 0.06 | Beta | ||
| Increased AST | 0 | 0 | 0 | Beta | ||
| Increased blood bilirubin | 0 | 0 | 0 | Beta | ||
| Neutropenia | 0.2 | 0.16 | 0.24 | |||
| Decreased platelet count | 0.11 | 0.088 | 0.132 | Beta | ||
| Anemia | 0.07 | 0.056 | 0.084 | Beta | ||
| Sorafenib | 0.036 | 0.029 | 0.043 | Beta | Calculation | |
| Lenvatinib | 0.034 | 0.027 | 0.041 | Beta | Calculation | |
| Camrelizumab plus rivoceranib | 0.08 | 0.064 | 0.096 | Beta | Calculation | |
| Sintilimab plus IBI305 | 0.018 | 0.014 | 0.022 | Beta | Calculation | |
| Atezolizumab plus bevacizumab | 0.01 | 0.008 | 0.012 | Beta | Calculation | |
| L + P | 0.032 | 0.026 | 0.038 | Beta | Calculation | |
| L + T | 0.031 | 0.0248 | 0.0372 | Beta | Calculation | |
| After progression | 0.044 | 0.0352 | 0.0528 | Beta | Calculation |
- Citation: Lin ZH, He Y, Xu HX, Xiao L. Cost-effectiveness analysis of seven treatments vs sorafenib as first-line therapy for advanced hepatocellular carcinoma in China. World J Gastrointest Oncol 2026; 18(4): 113266
- URL: https://www.wjgnet.com/1948-5204/full/v18/i4/113266.htm
- DOI: https://dx.doi.org/10.4251/wjgo.v18.i4.113266