The Committee considered the assumptions in the manufacturer's cost-minimisation analysis between dexamethasone and bevacizumab. It noted comments from the ERG that the cost of bevacizumab had been modelled on the higher of the two estimates from the two suppliers of bevacizumab for eye treatment (that is, £150 per vial rather than £50 per vial). The ERG further highlighted that the manufacturer's estimate of the average number of doses of bevacizumab was 13.75 in the first 2 years, but that the Pan American Collaborative Retina Study Group had found an average of 7 doses over this time period. The Committee heard from the manufacturer that this study was a small cohort follow-up study and may not be representative of UK clinical practice. In addition the manufacturer highlighted to the Committee that the recently reported HORIZON study found that 3.8 injections per year of ranibizumab were insufficient to maintain the clinical effects seen in the first year (ranibizumab, another anti-VEGF, was given monthly in the CRUISE study). Therefore the manufacturer considered 7 doses of bevacizumab over 2 years to be lower than UK clinical practice. The Committee understood that the cost-minimisation analysis also assumed that the setting for the administration of both bevacizumab and dexamethasone would be the same (that is, 75% of procedures would be carried out in a day-case unit and 25% would be carried out in an outpatient clinic). The Committee noted the ERG's view that all anti-VEGF injections are currently administered in an outpatient clinic. The Committee concluded, on the one hand, that the cost of bevacizumab may have been overestimated, and on the other, that there was uncertainty around the number of injections of bevacizumab. The Committee concluded that the assumptions used in the manufacturer's cost-minimisation analysis between dexamethasone and bevacizumab may overestimate the cost of bevacizumab, but considered the cost may not be as low as suggested by the ERG.