Registered forecast

25% registered probability event by 2027-01-07 Unresolved

NICE publishes technology appraisal guidance on Semaglutide for treating moderate to advanced liver fibrosis (without cirrhosis) caused by metabolic dysfunction-associated steatohepatitis [ID6458] on or before 2027-01-07

FF-051 Registered Unresolved
Registered probability
25%
Event by
2027-01-07
Resolution window
2026-10-16 → 2027-01-07
Target rung
  1. 5 Guideline
  2. 6 Regulatory
  3. 7 Coverage
Baselines it has to beat
  • Authority base rate 50%
  • Calendar cycle 45%
  • Analyst proxy 25%

nextconsensus.com/forecast/ff-051/ registry snapshot 2026-10-15 Share image

NextConsensus registered this probability on 2026-10-15. It is one of 22 registered NICE scheduled-date forecasts.

The proposition

What was claimed

NICE publishes final technology appraisal guidance for the appraisal 'Semaglutide for treating moderate to advanced liver fibrosis (without cirrhosis) caused by metabolic dysfunction-associated steatohepatitis' [ID6458], with a publication date on or before 2027-01-07, the expected publication date shown on its in-development page (https://www.nice.org.uk/guidance/indevelopment/gid-ta11477) on 2026-10-01.
Authority
National Institute for Health and Care Excellence (NICE), Technology Appraisal Committee (England)
Target rungA step on the 12-rung ladder: rungs 1 to 4 are the evidence moving, rungs 5 to 7 are a guideline body, regulator, or payer acting. The ladder, rung by rung
Rung 7: Payer/coverage action — NCD, LCD, formulary change, step-therapy revision, or access expansion/restriction by CMS, MACs, or major commercial payers.
Forecast classThe group of like forecasts this one is counted and scored with, such as FDA actions by their goal dates
NICE guidance by scheduled date
Scope
Moderate to advanced liver fibrosis caused by MASH (without cirrhosis)

The estimate

The number and the baselines it has to beat

25% probability, method v0.1.0 · frozen at the 2026-10-15 cutoff

The alternatives it was registered against, each with the reasoning that produced it.

Authority base rate 50%

ESTIMATE FROM THE SHAPE OF THE CLASS, NOT AN ENUMERATED COUNT. The share of NICE technology appraisals published on or before the expected date shown at the cutoff is not yet counted; the calendar's census will count it. Expected dates are revised often, most when a committee meeting does not reach a final recommendation or a company asks for time.

Calendar cycle 45%

A clock-only model: a first committee meeting on 15 October, 84 days before the expected date, is on schedule if that meeting reaches a final recommendation.

Analyst proxy 25%

An analyst reading the project page on 2026-10-01 would weigh a schedule with no consultation round against a delay at the company's request earlier in the year. Estimated by reconstructing that read, not by surveying analysts.

Technology appraisal (NICE): offered on judgment, with no calibration figure until 15 in the class have resolved.

The clock

Dates that constrain the record

Evidence cutoff
2026-10-15
Nothing after this date informed the estimate.
Registered
2026-10-15
Frozen and hashed.
Resolution window
2026-10-16 → 2027-01-07
When the adjudicator can read the outcome.
Event by
2027-01-07
The final qualifying action date; the frozen resolution rule defines what counts. Add to calendar

68
ledger 6822a458b0f44f7f702e13a50c348c5445175cbee3beec3c29da4872387276ec · operator record jc-1792036520056-8de8f349

Around this record

Single-claim evaluation

Waiting on NICE for an asset of your own?

Name the claim, who decides it, and the date your team commits to: a P&T meeting, an HTA submission, a label negotiation, a deal closing. Yours is registered under the same rules as the forecast on this page.

$15,000, ten business days One claim, one decision-maker, one date: the dated evidence baseline, the qualifiers that changed, and where the evidence has stalled.
Your question, registered Who decides, the decision, and your date, as a public forecast like this one.
Then the portfolio The same record can cover every decision your portfolio is waiting on, on a cadence you set.

Resolution

The rule that settles the forecast

Resolves YES if the NICE technology appraisal guidance page published from project ID6458 shows a publication date ('Published: <date>') on or before 2027-01-07, whatever the guidance recommends. The adjudicator finds the page from the in-development page above, which links to or redirects to the published guidance, or by searching nice.org.uk for ID6458. Searching for GID-TA11477 finds the same project. Resolves NO if the guidance is published after 2027-01-07, if the expected date is revised and nothing is published by 2027-01-07, if the appraisal is paused or suspended past that date, or if it is terminated. A terminated appraisal stays in the denominator and resolves NO, as registry/CALENDAR.md's rule for this class says. A suspension, however NICE words it, resolves NO. Resolves cancelled_external only if NICE removes the appraisal from its work programme without publishing anything. A removal that NICE describes as temporary, or after which the appraisal resumes, is a suspension. The frozen date is the one archived at the cutoff; a later revision does not move it. Read no earlier than 2027-01-14. The recommendation itself is a different question and is not scored here. Resolves VOID, with the reason recorded, only if NICE stops publishing technology appraisal guidance pages with publication dates, so that no publication date for this appraisal can be read from nice.org.uk or its successor; while a publication date can be read, the rule stands.

Source the rule names: https://www.nice.org.uk/guidance/indevelopment/gid-ta11477, https://www.nice.org.uk/guidance/published?ngt=Technology%20appraisal%20guidance

Readers: Resolver A, clinical methodology; Resolver B, payer evidence. The same two reader roles are assigned to every forecast registered so far.

What this record will show once it resolves

Beside every result, the count for its class (NICE guidance by scheduled date): registered, resolved, unresolved, and expired. One forecast is one instance, not a rate.

The finding
As the rule above reads it: occurred on time, did not occur, or left unscored.
The readers and their sources
Two reader roles read the source named above: Resolver A, clinical methodology; Resolver B, payer evidence. Who adjudicated it is named here, with the sources they read when the adjudication lists them. Being named as a reader means applying the frozen rule to the public record; it is not support for the estimate, the method, or NextConsensus.
The number against its baselines
25% beside three baselines, each scored by the same rule (squared error), so a reader can see how the record did against each of them.

Reasoning

What the number rests on

The facts it was built from are below, as they stood at the cutoff, with every source archived; each baseline above carries the reasoning that produced it. The written mechanism and the conditions that would make the proposition ill-posed were frozen with the record and are held in the ledger, which the hash on this page covers.

Frozen covariatesThe facts about the evidence and the authority's process that were frozen with the forecast at its cutoff

The state of the record at the cutoff

Recorded as they stood on 2026-10-15.

review pathway
STA Standard ("Process: STA Standard", SRC-001); earlier planned as an MTA (SRC-003) and then converted to an STA (SRC-005)
submission type
New appraisal; company "Novo Nordisk Ltd" (SRC-001)
evidence class
not applicable — the proposition is a publication date, not an evidence judgement
pivotal n
not applicable
endpoint type
not applicable — the proposition is a publication date
approved competitors in class
Comparator companies on SRC-001: Madrigal Pharmaceuticals (resmetirom), listed as participating; Alliance Pharmaceuticals (vitamin E), Brown & Burk UK (pioglitazone), Kora Healthcare (vitamin E), Mylan (pioglitazone), Neon Healthcare (pioglitazone) and Sandoz (pioglitazone), all listed as not participating.
months since last guideline revision
not applicable
panel cycle position
Provisional schedule (SRC-001): committee meeting 1 on 15 October 2026, 84 days before the expected publication date of 7 January 2027. No draft guidance consultation and no second meeting are listed. Committee B also meets on 12 November and 10 December 2026 (SRC-006).
sponsor request status
The timeline records a delay at the company's request on 16 April 2026 and a restart on 20 May 2026 that set the first committee meeting for 15 October 2026 (SRC-001).
odac referral
not applicable — NICE committee, not an FDA advisory committee
sponsor state change
Process changed from a planned MTA with resmetirom [ID6529] to an STA of semaglutide alone (SRC-003; SRC-005). The scope-consultation response records that the company proposed an STA and that "The routing has been updated to a single technology appraisal for semaglutide" (SRC-007).

Sources

Everything the estimate was built from

Each was retrieved on or before the 2026-10-15 cutoff and archived at the digest shown. If a publisher edits a page after the fact, the digest stops matching and the substitution is visible.

  1. SRC-001 NICE in-development "Project information" page for ID6458. Shows the header line "Expected publication date: 07 January 2027", status, process, ID number, the provisional schedule, the enquiry e-mail address, stakeholders (where listed) and the "Timeline" table of key events.

    https://www.nice.org.uk/guidance/indevelopment/gid-ta11477

    Retrieved 2026-10-01 · sha256 7de1145a121fe61eae4b3432eb02ce315b0927b46c3ef982b1e871b319f5ed8a

  2. SRC-002 NICE "Project documents" tab for ID6458: lists documents by stage with publication dates (scope, stakeholder list, draft guidance where issued, committee meeting entries) and the text of notes added to the project documents.

    https://www.nice.org.uk/guidance/indevelopment/gid-ta11477/documents

    Retrieved 2026-10-01 · sha256 c03c3457122e30e2be1387d87bc4502193746c97d2e5c15d661cba742fdd017f

  3. SRC-003 Undated note page in the project documents: "This topic will now be progressed as a Multiple Technology Appraisal (MTA) alongside the following topic; Resmetirom for treating metabolic dysfunction-associated steatohepatitis with liver fibrosis [ID6529]" and "The Invitation to Participate (ITP) will now be issued week commencing 07 July 2025 ...". The timeline on the project page lists notes dated 11 April 2025, 15 May 2025 and 09 July 2025 without saying which note is which.

    https://www.nice.org.uk/guidance/gid-ta11477/documents/html-content-3

    Retrieved 2026-10-01 · sha256 052f88a8f1824dbb0220360b74a504141fa5288fbc9b9ef3303c82666d905b45

  4. SRC-004 Undated note page: about NICE consulting on the draft scope for the partial update of guideline NG49 (MASLD terminology), consultation closing 01 June 2025.

    https://www.nice.org.uk/guidance/gid-ta11477/documents/html-content-5

    Retrieved 2026-10-01 · sha256 1e9f49f3214557b14d79be9f03255de6baa2023e40afdbe36eee1c2ad91fc08a

  5. SRC-005 Undated note page: "This evaluation will now go ahead as a Single Technology Appraisal (STA). This evaluation will only cover semaglutide for treating metabolic dysfunction-associated steatohepatitis with liver fibrosis." and "The evaluation will begin in early November 2025."

    https://www.nice.org.uk/guidance/gid-ta11477/documents/html-content-6

    Retrieved 2026-10-01 · sha256 edf6526123796ae81a37d066df10299035b3963d4dfc8e43846f49c1dcc284fc

  6. SRC-006 NICE "Technology appraisal committees" page (reached from the meetings-in-public URL https://www.nice.org.uk/get-involved/meetings-in-public/technology-appraisal-committee, which returned HTTP 308 to it). Under "Next meeting dates" it lists Committee B meetings including "Thursday 15 October 2026", "Thursday 12 November 2026" and "Thursday 10 December 2026"; it also lists published TAC minutes. It does not list which appraisals are on each agenda.

    https://www.nice.org.uk/get-involved/our-committees/nice-committee-meetings/technology-appraisal-committees

    Retrieved 2026-10-01 · sha256 8e6f62cd7fdf5be519f696bbeb8813e845b461e04dc894f32f2c57c49246c2a8

  7. SRC-007 PDF linked from the Project documents tab (SRC-002), in its invitation-to-participate section, as the downloadable draft consultation document (published 4 November 2025). Its content is NICE's "Response to stakeholder organisation comments on the draft remit and draft scope" ("Issue date: November 2025"), not draft guidance. It records the company's comment "Therefore, Novo Nordisk proposes that semaglutide is evaluated as a single technology appraisal" and NICE's action "The routing has been updated to a single technology appraisal for semaglutide".

    https://www.nice.org.uk/guidance/gid-ta11477/documents/consultation-document

    Retrieved 2026-10-01 · sha256 ba4f3685235b867a767b9d2afb2e7e843ad2401928e23a20f7dd49589e9b39d9