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January 18, 2026Medical Decision Making0 citationsOpen Access

Target Trial Emulation to Incorporate Real-World Data in the Estimation of the Clinical and Cost-Effectiveness of Biologic Treatment

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JSJanharpreet SinghMSMatt StevensonGKG Kallarackal

Key Points

  • The aim is to evaluate the effectiveness and cost-effectiveness of biologic treatments for rheumatoid arthritis using real-world data.
  • Used target trial emulation to simulate a randomized clinical trial framework.
  • Analyzed real-world data from the British Society for Rheumatology Biologics Register.
  • Estimated effectiveness of rituximab versus nonbiologic therapy after first-line biologic failure.
  • Conducted a meta-analysis combining RCT and RWD estimates for treatment effectiveness.
  • Developed an economic model to calculate the incremental cost-effectiveness ratio.
  • Rituximab showed higher probabilities of achieving moderate or good response compared to nonbiologic therapy based on RWD.
  • Probabilities from RWD were lower than those from RCT data.
  • The economic analysis found lower costs associated with biologics when based on RWD versus RCT data.
  • ICER based on RWD was higher than that from RCT data, indicating varied cost-effectiveness estimates.

Abstract

Introduction In the health technology assessment (HTA) of biologic treatments for rheumatoid arthritis (RA), there is limited randomized evidence on treatment effectiveness after first-line treatment failure. We demonstrate how real-world data (RWD) could fill this evidence gap. Methods Target trial emulation (TTE) minimizes biases in the causal analysis of RWD by prespecifying a protocol for a hypothetical randomized clinical trial (RCT) that would estimate the effect of interest. The application of TTE for HTA was illustrated using RWD from the British Society for Rheumatology Biologics Register for Rheumatoid Arthritis to estimate the effectiveness of rituximab versus nonbiologic therapy (NBT) after first-line biologic failure, in terms of European Alliance of Associations for Rheumatology response achievement. The effectiveness estimates from RWD were combined with RCT estimates in a meta-analysis. The pooled estimates were entered into an economic model to estimate the incremental cost-effectiveness ratio (ICER) comparing biologic versus NBT strategies. Results Based on RWD, rituximab was associated with higher probabilities of achieving a moderate or good response (0.215 v. 0.174) and a good response (0.090 v. 0.066) as compared with NBT. These probabilities were lower than those estimated from RCT data (moderate or good 0.650; good 0.150). The economic model estimated less time on treatment and lower costs associated with biologics when based on RWD compared with RCT data (mean £63,500 v. £70,000). This resulted in a higher ICER based on RWD compared with RCT data (mean £46,800 v. £34,700 per quality-adjusted life-year gained). Conclusions RWD can provide supplemental evidence on treatment effectiveness where randomized evidence is limited. This can make a meaningful difference to cost-effectiveness estimates. Our results are not intended to inform current RA management. Highlights In health technology assessment, real-world data (RWD) can provide supplemental evidence on treatment effectiveness where there is limited randomized evidence. Target trial emulation was applied using RWD to estimate the clinical effectiveness of biologic treatment; these estimates were combined with estimates from an RCT in a meta-analysis, and the pooled estimates were entered into an economic model for rheumatoid arthritis. Treatment effect estimates based on combining RWD and RCT data were more modest compared with the effectiveness estimates from the RCT data alone, leading to a difference in the estimate of cost-effectiveness comparing biologics with nonbiologic therapy.

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Singh et al. (2026) studied this question.

synapsesocial.com/papers/696c79cde45ebfc9113cd41fhttps://doi.org/10.1177/0272989x251408484
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