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Updated: Jun 11, 2025

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Published on: February 15, 2013
Cost-Effectiveness Analysis of Routine Childhood Immunization with 20-Valent versus 15-Valent Pneumococcal Conjugate
Min Huang1, Jessica P Weaver1, Elamin Elbasha1
1Merck Research Laboratory, Merck & Co., Inc., Rahway, NJ 07065, USA.
Insights
The 20-valent pneumococcal conjugate vaccine (PCV20) offers greater disease prevention but at a higher cost than the 15-valent vaccine (V114) in Germany. PCV20
Area of Science:
- Health Economics
- Vaccinology
- Public Health
Background:
- Pneumococcal conjugate vaccines (PCVs) are crucial for preventing pneumococcal diseases.
- Germany currently uses a 13-valent PCV, with 15-valent (V114) and 20-valent (PCV20) vaccines offering broader serotype coverage.
Purpose of the Study:
- To evaluate the cost-effectiveness of routine childhood immunization with PCV20 (3+1 schedule) versus V114 (2+1 schedule) in Germany.
- To assess the economic impact from a societal perspective, including direct and indirect costs.
Main Methods:
- A decision-analytic Markov model was employed to simulate lifetime costs and outcomes for a German birth cohort.
- Vaccine effectiveness data from existing studies were used, incorporating indirect effects like herd protection and serotype replacement.
- Scenario and sensitivity analyses were conducted to test the robustness of the findings.
Main Results:
- PCV20 demonstrated higher effectiveness, preventing more pneumococcal disease cases and deaths, and yielding an additional 96 quality-adjusted life years (QALYs) compared to V114.
- However, PCV20 incurred a substantial incremental cost of over EUR 48 million, leading to an incremental cost-effectiveness ratio (ICER) of EUR 503,620/QALY.
- The majority of analyses indicated an ICER for PCV20 exceeding the commonly accepted threshold of EUR 150,000/QALY.
Conclusions:
- Routine childhood immunization with PCV20 in Germany is unlikely to be an economically efficient strategy compared to V114.
- The higher costs associated with PCV20 may outweigh its incremental health benefits within the German healthcare context.
- Further economic evaluations considering specific healthcare system dynamics and long-term outcomes are warranted.
Abstract:
This study aimed to evaluate the cost-effectiveness of routine childhood immunization with the 20-valent pneumococcal conjugate vaccine (PCV20) in a four-dose regimen (3 + 1 schedule) versus the 15-valent PCV (PCV15/V114) in a three-dose regimen (2 + 1) in Germany. The study utilized a decision-analytic Markov model to estimate lifetime costs and effectiveness outcomes for a single birth cohort in Germany. The model tracked the incidence of acute pneumococcal infections and long-term pneumococcal meningitis sequelae for both vaccination strategies. The vaccine effectiveness data were derived from published clinical trials and observational studies of PCV7 and PCV13. Indirect effects, such as herd protection and serotype replacement, were included in the model. The model adopted a societal perspective, including direct medical, direct non-medical, and indirect costs. Scenario and sensitivity analyses were performed. In the base case, PCV20 prevented more pneumococcal disease cases and deaths, with an expected gain of 96 quality-adjusted life years (QALYs) compared to V114. However, PCV20 was associated with a total incremental cost of EUR 48,358,424, resulting in an incremental cost-effectiveness ratio (ICER) of EUR 503,620/QALY. Most of the scenario and sensitivity analyses estimated that the ICER for PCV20 exceeded EUR 150,000/QALY. Routine childhood immunization with PCV20 instead of V114 may not be an economically efficient use of healthcare resources in Germany.
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