Drugs, Health Technologies, Health Systems

Reimbursement Recommendation

Plozasiran (Redemplo)

Indication: As an adjunct to diet to reduce triglyceride levels for adult patients with familial chylomicronemia syndrome (FCS) for whom standard triglyceride lowering therapies have been inadequate.

Sponsor: Arrowhead Pharmaceuticals, Inc.

Final recommendation: Reimburse with conditions

Summary

What Is the Reimbursement Recommendation for Redemplo?

Canada’s Drug Agency (CDA-AMC) recommends that Redemplo be reimbursed by public drug plans for familial chylomicronemia syndrome (FCS) if certain conditions are met.

Why Did CDA-AMC Recommend Reimbursement?

The Canadian Drug Expert Committee (CDEC) determined that Redemplo demonstrates acceptable clinical value versus placebo in patients with FCS. This determination was enough for CDEC to recommend that Redemplo be reimbursed. Given that Redemplo is expected to be an additive treatment to low-fat diet, acceptable clinical value refers to added value versus diet alone.

Evidence from a clinical trial showed that Redemplo given for 12 months improved triglyceride levels and rate of acute pancreatitis in adult patients with FCS. The certainty in the results was moderate due to some imprecision as a result of small sample sizes given the rarity of FCS. Results from the trial about health-related quality of life were inconclusive. Harms data were generally comparable between groups, and few patients discontinued from treatment due to adverse events (AEs).

Redemplo is expected to address some identified unmet clinical needs compared to current standard of care (i.e., off-label therapies). Tryngolza (olezarsen) recently received a positive recommendation from CDA-AMC, and the safety and efficacy of Redemplo compared to Tryngolza is unknown.

Which Patients Are Eligible for Coverage?

Redemplo should only be reimbursed for adult patients with FCS in line with the Health Canada indication.

What Are the Conditions for Reimbursement?

Redemplo should only be reimbursed if patients are diagnosed with FCS based on clinical or genetic assessments as detailed in Table 1, and if the cost of Redemplo is reduced. Because FCS is a rare disease, initiation and management of therapy with Redemplo should be managed by a specialist with expertise in treating FCS. The recommended period for initial reimbursement is 6 months, followed by annual renewals thereafter. Renewal is recommended to be based on an observation of clinical benefit, as demonstrated with a reduction in fasting triglyceride levels, and no signs of significant disease worsening that would indicate poor or nonresponse to treatment (i.e., increased rate of acute pancreatitis as judged by the treating clinician).

Review Background

Highlights of Input From Interested Parties

The patient group, the Canadian Organization for Rare Disorders, noted the following regarding impacts of the disease, unmet needs, and important outcomes:

The clinical experts consulted by CDA-AMC noted the following regarding unmet needs arising from the disease and place in therapy for the drug under review:

The participating public drug programs raised potential implementation issues related to considerations for initiation, renewal, discontinuation, and prescribing of therapy; care provision issues; and system and economic issues.

Person With Lived Experience

A person with lived experience from Quebec shared his lifelong journey living with FCS, which he has had since early adulthood but was not clearly diagnosed at the time. He described experiencing episodes of pancreatitis, including a severe event requiring a lengthy recovery that significantly affected his life and career. He emphasized the ongoing burden of strict dietary restrictions, complete avoidance of alcohol, and feeling socially isolated due to these limitations. He noted that fear of pancreatitis was constant, particularly when far from a hospital. Despite this, he remained physically active and continued his professional work. He highlighted the positive impact of his current treatment, plozasiran, which involves periodic injections and monitoring but has eliminated symptoms. During the question and answer session, he emphasized that treatment reduced his fear of pancreatitis and allowed him to feel more confident living without needing to remain close to hospital care.

Note: The perspectives shared by people with lived experience who present to the committee reflect their individual experiences and are not necessarily representative of all people with the same condition or course of treatment. Their insights provide valuable context about what a patient, support person, or caregiver might go through with this condition or treatment, helping to inform the committee’s deliberations. These narratives complement other forms of evidence and input and should be considered as 1 element contributing to a broader understanding of the condition and treatment under review.

Recommendation

With a vote of 15 to 0, CDEC recommends that plozasiran be reimbursed “as an adjunct to diet to reduce triglyceride levels for adult patients with familial chylomicronemia syndrome (FCS) for whom standard triglyceride lowering therapies have been inadequate,” only if the conditions listed in Table 1 are met.

Table 1: Reimbursement Conditions and Reasons

Reimbursement condition

Reason

Implementation guidance

Initiation

1. Treatment with plozasiran as an adjunct to diet should be reimbursed when initiated in patients aged 18 years and older who are diagnosed with FCS.

Evidence from the PALISADE trial suggested that treatment with plozasiran resulted in a clinical benefit compared to placebo in adult patients with FCS, for whom standard triglyceride-lowering therapies have been inadequate.

Adherence to low-fat diet: The clinical benefit of treatment with plozasiran was demonstrated in combination with a low-fat diet. According to input from the clinical experts, ongoing adherence to a strict low-fat diet is essential.

2. Diagnosis of FCS based on a documented history of fasting triglyceride levels > 1,000 mg/dL (11.3 mmol/L) on repeat testing (≥ 3 prior occasions) and at least 1 of the following:

2.1. Supportive genetic test

2.2. History of recurrent episodes of acute pancreatitis not caused by alcohol or cholelithiasis

2.3. History of recurrent hospitalizations for severe abdominal pain without other explainable cause

2.4. History of childhood pancreatitis

2.5.Known lipoprotein lipase deficiency

2.6. Family history of high triglyceride-induced pancreatitis.

The PALISADE trial enrolled adult patients with a diagnosis of FCS that was based on a clinical diagnosis or genetic confirmation. The recommended initiation criteria are consistent with the identification of patients with FCS in the PALISADE trial, and reflective of clinical practice in Canada.

Initiation criteria for treatments for FCS: If olezarsen is covered by public drug plans, the drug plans may consider aligning the criteria of plozasiran and olezarsen. This includes genetic confirmation of FCS as the primary basis for diagnosis, with eligibility criteria applied to minimize unnecessary variation in access, particularly for patients with a confirmed genetic diagnosis.

Triglyceride levels: The threshold of 1,000 mg/dL (11.3 mmol/L) is based on the inclusion criteria for the PALISADE clinical trial. Based on clinical expert input, a threshold of 10 mmol/L is commonly used as a component of the diagnosis of FCS in Canada and is commonly cited as a threshold for severe risk of acute pancreatitis. The drug plans could consider requiring levels of at least 10 mmol/L to align with current clinical practice in the management of FCS.

Prior therapy: Inadequate management of triglyceride levels with prior therapy is defined as triglyceride levels of ≥ 10 mmol/L despite at least 6 months of a low-fat diet and prior treatment with standard lipid-lowering drugs (e.g., statins or fibrates, and so forth) for at least 1 week to 1 month.

Hemoglobin A1C: Adequate control of hemoglobin A1C may vary between patients but generally can be considered a hemoglobin A1C measurement of ≤ 8.5%.

3. Duration of initial authorization is 6 months.

The primary outcome of the PALISADE trial was the percent change in fasting triglyceride levels from baseline at 10 months.

However, assessment of response at 6 months is consistent with clinical practice in Canada based on expert input.

Documentation at baseline: The fasting triglyceride levels and the annualized frequency of acute pancreatitis should be documented at baseline before initiating treatment to inform the renewal criteria.

Renewal

4. Renewal after initial authorization and subsequent renewals should be assessed annually.

Annual assessments will help ensure the treatment is used for those benefiting from the therapy and would reduce the risk of unnecessary treatment.

5. For renewal after initial and subsequent authorization, documentation of beneficial clinical effects is required when requesting continuation of reimbursement. Beneficial clinical effects are defined by all of the following:

5.1. A reduction in triglycerides compared to baseline that is considered clinically meaningful according to the treating clinician.

5.2. No substantial worsening of pancreatitis due to FCS according to the treating clinician.

The percent change in fasting triglyceride levels from baseline to month 10 was the primary end point in the PALISADE trial. The percent change from baseline to month 12 in the plozasiran treatment group was an LS mean of −80.1% (IQR, −89.9% to −61.0%).

Based on clinical expert input, a reduction in triglyceride levels between 10% to 30% may be meaningful, but there is no defined threshold in patients with FCS.

Lifestyle and risk factor management: Adherence to a low-fat diet, alcohol abstinence, and management of other triglyceride-elevating conditions must be maintained during treatment with plozasiran.

Significant worsening of pancreatitis: One of the most important goals of treatment for patients with FCS is to reduce the risk of acute pancreatitis. CDEC acknowledged that the frequency of events of acute pancreatitis can be unpredictable and may vary between patients or over time. Therefore, significant worsening of pancreatitis should be based on clinician judgment.

Prescribing

6. Plozasiran must be prescribed by specialists with experience in the diagnosis and management of FCS.

This is meant to ensure that plozasiran is prescribed for appropriate patients. FCS is a rare and serious condition requiring expertise in management.

Shared-care models featuring virtual consultations and local monitoring may be appropriate approaches for patients with geographical challenges in accessing specialist facilities, due to the scarcity of experts across Canada, especially outside of Quebec.

Relevant specialties might include but are not limited to endocrinology, cardiology, lipidology, medical biochemistry, and internal medicine.

7. Plozasiran should not be prescribed in combination with olezarsen.

There is no evidence to support this combination.

Plozasiran and olezarsen have similar mechanisms of action.

Pricing

8. A reduction in price.

Using the CDA-AMC base-case analysis, the ICER for plozasiran plus SOC was $1,813,089 per QALY gained when compared with SOC alone in the indicated population.

A band 4a price reduction would be required to achieve cost-effectiveness at a $50,000 per QALY threshold.

A band 4a price reduction would be required to achieve cost-effectiveness at a $100,000 per QALY threshold.

Exact price reductions at any given willingness-to-pay threshold can be found in the CDA-AMC main report and Supplemental Material document.

Cost-effectiveness relative to olezarsen in the indicated population is unknown given the lack of evidence regarding comparative efficacy and safety. To ensure cost-effectiveness, plozasiran should also be priced no higher than olezarsen when reimbursed in the indicated population.

The CDA-AMC analysis is based on public list prices for all treatments. Further price reductions may be required if there are price arrangements (discounts) currently in place or under negotiation for any treatment included in the economic analysis.

At the time of this recommendation, olezarsen is under consideration for negotiation following a positive recommendation conditional to price reduction, for reimbursement in the indicated population.

Cost of genetic testing: Cost of genetic testing was not considered in the economic model or BIA model. Given the limited availability of genetic testing for FCS and the cost burden that implementation would place on public health care systems, CDEC recommends that the sponsor be required to cover the cost of these tests across Canada and to ensure its availability where needed.

BIA = budget impact analysis; CDA-AMC = Canada’s Drug Agency; CDEC = Canadian Drug Expert Committee; FCS = familial chylomicronemia syndrome; ICER = incremental cost-effectiveness ratio; IQR = interquartile range; LS = least square; QALY = quality-adjusted life-year; SOC = standard of care.

aFor the statement regarding the size of the price reduction required, band 1 = 1% to 24%, band 2 = 25% to 49%, band 3 = 50% to 74%, and band 4 = 75% or greater.

Rationale for the Recommendation

Clinical Value

Based on the totality of the clinical evidence, CDEC concluded that plozasiran demonstrates acceptable clinical value in patients with FCS. Given that plozasiran is expected to be an additive treatment to a low-fat diet, acceptable clinical value refers to added value versus diet alone. Current management of FCS in Canada, outside of clinical trials, includes off-label therapies such as statins, fibrates, and omega-3 fatty acids that are typically less effective in lowering triglyceride levels in patients with FCS; these therapies might also be concurrently used with plozasiran in clinical practice.

Evidence from 1 phase III randomized controlled study (PALISADE; N = 75) demonstrated that plozasiran 25 mg likely results in a clinically important reduction in fasting triglyceride levels at month 10 and at month 10 and 12 (averaged) compared to placebo. From baseline to 10 months, the between-group difference in least squares mean change in fasting triglycerides was −58.7% (95% confidence interval [CI], −89.6% to −27.9%; P < 0.0001), and from baseline to the average of month 10 and 12 it was −59.6% (95% CI, −91.6% to −27.5%; P < 0.0001), both favouring plozasiran. Treatment with plozasiran likely also results in a clinically meaningful decrease in the proportion of patients who experience events of acute pancreatitis over a 12-month period. Positively adjudicated events of acute pancreatitis occurred in 2 patients (7.7%) in the plozasiran 25 mg group (N = 26) and 5 patients (20.0%) in the placebo group (N = 25). The odds ratio was ████ ████ ███ ████ ██ █████ and the relative risk was ████ ████ ███ ████ ██ █████. No new safety signals were identified in the PALISADE study or the open-label extension.

Patients and clinicians identified substantial unmet needs given that there are no approved therapies indicated for the treatment of FCS that are currently reimbursed. The key unmet needs include a safe and tolerable therapy that can meaningfully reduce triglyceride levels and reduce the rate, or prevent episodes, of acute pancreatitis. CDEC concluded that plozasiran likely meets these needs, but the committee was unable to draw conclusions on health-related quality of life due to inconclusive results in the PALISADE study.

CDEC acknowledged that plozasiran is expected to occupy a similar place in therapy as olezarsen if both are reimbursed for patients living with FCS; however, there is a gap in data regarding the comparative efficacy, safety, and costs between these 2 therapeutics.

Further information on the committee’s discussion around clinical value is provided in the Summary of Deliberation section.

Developing the Recommendation

The determination of acceptable clinical value was sufficient for CDEC to recommend reimbursement of plozasiran. As part of the deliberation on whether to recommend reimbursement, the committee also considered unmet clinical need, unmet nonclinical need, and health inequity. Information on this discussion is provided in the Unmet Clinical Need and Distinct Social and Ethical Considerations domains in the Summary of Deliberation section.

Because CDEC recommended that plozasiran be reimbursed, the committee also deliberated on whether reimbursement conditions should be added to address important economic considerations, health system impacts, or social and ethical considerations, or to ensure clinical value is realized. The resulting reimbursement conditions, with accompanying reasons and implementation guidance, are stated in Table 1.

Summary of Deliberation

CDEC considered all domains of value of the deliberative framework before developing its recommendation: clinical value, unmet clinical need, distinct social and ethical considerations, economic considerations, and impacts on health systems. For further information on the domains of value, refer to Expert Committee Deliberation at Canada’s Drug Agency.

The committee considered the following key discussion points, organized by the 5 domains of value.

Clinical Value

Unmet Clinical Need

Distinct Social and Ethical Considerations

Economic Considerations

Impacts on Health Systems

Sources of Information Used by the Committee

To make its recommendation, the committee considered the following information (links to the full documents for the review can be found on the project webpage):

Special thanks: CDA-AMC extends our special thanks to the individuals who presented directly to CDEC, and to the patient organizations representing the community of those living with FCS, including the Canadian Organization of Rare Diseases, which includes Jida El Hajjar and Jacques Gagnon.

General note: CDA-AMC makes every attempt to engage with people with lived experience as closely to the indication under review as possible; however, at times, CDA-AMC is unable to do so and instead engages with individuals with similar treatment journeys to ensure lived experience perspectives are included and considered in Reimbursement Reviews. CDA-AMC is fortunate to be able to engage with individuals who are willing to share their treatment journeys with CDEC.

CDEC Information

Members of the Committee

Dr. Peter Jamieson (Chair), Dr. Kerry Mansell (Vice-Chair), Sally Bean, Daryl Bell, Dan Dunsky, Dr. Ran Goldman, Dr. Trudy Huyghebaert, Dr. Dennis Ko, Dr. Christine Leong, Alicia McCallum, Dr. Srinivas Murthy, Dr. Nicholas Myers, Dr. Krishnan Ramanathan, Dr. Marco Solmi, Carla Velastegui, Dr. Edward Xie, and Dr. Peter Zed.

Meeting date: May 28, 2026

Regrets: None

Conflicts of interest: None