Perioperative immunotherapy for resectable hepatocellular carcinoma.
Summary
Perioperative immunotherapy for resectable hepatocellular carcinoma The Lancet 2026 Correspondence Perioperative treatment strategies. Updates in global strategy optimisation in high-risk immunotherapy for guidelines from Asia–Pacific countries3 hepatocellular carcinoma after surgery. and US associations4 are reconsidering This milestone finding from Wang resectable the potential benefit of a surgery- and colleagues is expected to improve hepatocellular centred multidisciplinary strategy for sur
Content
# Perioperative immunotherapy for resectable hepatocellular carcinoma
*The Lancet 2026*
Correspondence
Perioperative
treatment strategies. Updates in global strategy optimisation in high-risk
immunotherapy for guidelines from Asia–Pacific countries3 hepatocellular carcinoma after surgery.
and US associations4 are reconsidering This milestone finding from Wang
resectable
the potential benefit of a surgery- and colleagues is expected to improve
hepatocellular centred multidisciplinary strategy for surgical outcomes for patients with
advanced hepatocellular carcinoma. hepatocellular carcinoma through
carcinoma
Given the differences in the aetiological a surgery-centred multidisciplinary
profiles and tumour characteristics treatment strategy. Nevertheless,
We read with great interest the Article of hepatocellular carcinoma between further exploration is still required
by Zheng Wang and colleagues,1 populations worldwide, cross-sectional in areas such as the cross-sectional
and appreciate their novel findings. validations are urgently required to validation, the selection of optimal
The study, centred around surgery, facilitate the generalisation of the neoadjuvant and adjuvant regimens,
proposed a novel treatment of proposed strategies. and the identification of actual high-
neoadjuvant therapy, radical Second, the sequential treatment risk populations.
surgery, and adjuvant therapy, with incorporating neoadjuvant and adjuvant
We declare no competing interests. This
camrelizumab plus rivoceranib, in therapy has been shown to significantly Correspondence was supported by the Science and
patients with resectable hepatocellular improve long-term surgical outcomes,1 Technology Plan Joint Program of Liaoning Province
(2024JH2/102600286) awarded to YT.
carcinoma at intermediate or high but patients with suboptimal response
risk of recurrence. The trial showed to neoadjuvant therapy might derive Zhenli Li, *Yufu Tang
that, compared with surgery alone, little survival benefit from the same tangyufu0227@163.com
this approach significantly improved adjuvant regimen. In addition, although Department of Hepatobiliary Surgery, General
the median event-free survival in the the IMbrave050 trial5 did not achieve Hospital of Northern Theater Command, Shenyang
110016, China (ZL, YT); Department of General
selected population (42·1 months positive efficacy in the adjuvant setting,
Surgery, the 963rd Hospital of the Joint Service
[95% CI 23·2 to not estimable] vs a separate control group specifically for Support Force of the PLA, Jiamusi, China (ZL)
19·4 months [14·9 to not estimable]). adjuvant therapy should be established 1 Wang Z, Fan J, Zhou S, et al. Perioperative
This study represents the first in a future study design, given the camrelizumab plus rivoceranib versus surgery
alone in patients with resectable hepatocellular
phase 2/3 clinical trial to achieve differences in medication regimens and
carcinoma at intermediate or high risk of
positive perioperative outcomes. enrolled populations. recurrence (CARES-009): a randomised
phase 2/3 trial. Lancet 2025; 406: 4089–99.
These encouraging findings will shift Third, the definition of patients with
2 Sangro B, Argemi J, Ronot M, et al, and the
the current mainstream approach intermediate or high recurrence risk European Association for the Study of the
from passive surveillance to an active primarily included a tumour diameter of Liver. EASL Clinical Practice Guidelines on the
management of hepatocellular carcinoma.
anti-recurrence strategy, offering new more than 5 cm, multiple tumours, and
J Hepatol 2025; 82: 315–74.
tactics for improving surgical outcomes macrovascular invasion—criteria that 3 Lau G, Obi S, Zhou J, et al. APASL clinical
in patients at intermediate or high risk are broad and insufficient for identifying practice guidelines on systemic therapy for
hepatocellular carcinoma—2024. Hepatol Int
of recurrence. However, we would like the candidates that truly benefit from 2024; 18: 1661–83.
to raise the following comments about adjuvant therapy. The IMbrave050 trial5 4 Taddei TH, Brown DB, Yarchoan M,
Mendiratta-Lala M, Llovet JM. Critical Update:
the Article. explicitly included poorly differentiated
AASLD Practice Guidance on prevention,
First, the controversy regarding the hepatocellular carcinoma and micro- diagnosis, and treatment of hepatocellular
resectability criteria for hepatocellular vascular invasion in its definition of the carcinoma. Hepatology 2025; 82: 272–74.
5 Qin S, Chen M, Cheng AL, et al, and the
carcinoma has existed between different population at high risk; however, these
IMbrave050 investigators. Atezolizumab plus
medical communities for decades. specific pathological variables were bevacizumab versus active surveillance in
patients with resected or ablated high-risk
Wang and colleagues defined patients not reported or incorporated into the
hepatocellular carcinoma (IMbrave050):
with Barcelona Clinic Liver Cancer subgroup analysis in this study. With a randomised, open-label, multicentre,
stage B or stage C disease without the advancement of liquid biopsy, the phase 3 trial. Lancet 2023; 402: 1835–47.
6 Powles T, Kann AG, Castellano D, et al, and the
Vp4 involvement or extrahepatic detection of minimal residual disease to
IMvigor011 Investigators. ctDNA-guided
metastasis as resectable populations. guide adjuvant therapy has become an adjuvant atezolizumab in muscle-invasive
bladder cancer. N Engl J Med 2025;
However, according to guidelines increasing focus of research. The latest
393: 2395–408.
from the European Association for findings show that circulating tumour
the Study of the Liver, these patients DNA can guide adjuvant atezolizumab
already fall into the extremely high- in muscle-invasive bladder cancer,6 The CARES-009 trial showed that
risk stratification and constitute a which is independent of stage and perioperative camrelizumab plus
surgical contraindication.2 Substantial PD-L1 status. These findings provide rivoceranib significantly improves
challenges will therefore arise from a new direction for future research event-free survival compared with
the global adoption of the proposed on patient selection and treatment surgery alone in patients with
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Correspondence
resectable hepatocellular carcinoma the event-free survival definition itself liver disease is becoming the leading
(42·1 months [95% CI 23·2 to not contains a subjective component, cause of hepatocellular carcinoma.7
estimable] vs 19·4 months [14·9 to as it includes “disease progression Additionally, about 50% of patients
not estimable]).1 While these findings that precluded surgical resection” as received adjuvant transarterial
represent an important advance, an event.1 However, the protocol did chemoembolisation, a practice far
several methodological concerns not prespecify operational criteria more common in Asia than elsewhere.8
warrant further discussion. for determining when progression This co-intervention complicates
CARES-009 lacks an adjuvant-only precludes surgery, allowing for interpretation of the systemic
control group, making it difficult to variability between surgeons therapy’s independent contribution
disentangle the specific contribution and centres. Beyond definitional and could limit its applicability to
of the neoadjuvant component. This subjectivity, the clinical relevance settings where adjuvant transarterial
distinction is particularly relevant of event-free survival as a surrogate chemoembolisation is standard care.
because two treatment-related deaths for overall survival remains debated Despite these limitations, the
occurred during neoadjuvant therapy. in patients with hepatocellular CARES-009 trial provides valuable
The IMbrave050 trial showed that carcinoma. Although event-free evidence supporting perioperative
adjuvant atezolizumab–bevacizumab survival or progression-free survival immunotherapy in resectable
alone could improve recurrence-free have been proposed as potential hepatocellular carcinoma. However,
survival (hazard ratio [HR] 0·72), surrogates,4,5 improvements in these further confirmation through rigor-
albeit with diminishing benefit over intermediate measures have not ously designed and more inclusive
time.2,3 Therefore, without a direct consistently translated into overall studies remains warranted.
comparison between perioperative survival benefits.5 In CARES-009,
We declare no competing interests. This
and adjuvant-only approaches, the 25% of patients in the control group Correspondence was supported by the Natural
incremental value of preoperative received immunotherapy after Science Foundation of Shanghai Municipality (grant
number 25ZR1402578) awarded to SL.
systemic therapy remains unknown. recurrence, which could further
The adaptive design modification attenuate differences in overall Wenyi Jin, Mingyang Xue, *Susu Luo
during trial conduct warrants caution. survival, and no prespecified method tingluo@wustl.edu
An interim analysis, originally intended (eg, a rank-preserving structural failure Department of Biomedical Sciences, City University
for sample size re-estimation, was time model) was applied to account of Hong Kong, Hong Kong Special Administrative
Region, China (WJ); Sydney University, Sydney,
repurposed for efficacy assessment for treatment switching, which hinders
NSW, Australia (MX); Moores Cancer Center, School
after observing 119 events (70% of interpretation of long-term outcomes. of Medicine, University of California San Diego,
target) in the CARES-009 trial. This The trial population (99% Han La Jolla, CA 92093, USA (SL)
change was justified by “emerging Chinese, 76–78% positive for hepatitis 1 Wang Z, Fan J, Zhou S, et al. Perioperative
camrelizumab plus rivoceranib versus surgery
external evidence and ethical B virus) mirrors the epidemiology
alone in patients with resectable
considerations” without prespecified of hepatocellular carcinoma in hepatocellular carcinoma at intermediate or
high risk of recurrence (CARES-009): a
alpha spending adjustment.1 Such China but hinders generalisability.
randomised phase 2/3 trial. Lancet 2025;
post-hoc changes could inflate type 1 Emerging evidence suggests that 406: 4089–99.
error, particularly when the observed responses to immunotherapy depend 2 Qin S, Chen M, Cheng AL, et al, and the
IMbrave050 investigators. Atezolizumab plus
HR (0·59) exceeded the anticipated on aetiology, with tumours related
bevacizumab versus active surveillance in
effect size (0·65) used for sample to metabolic dysfunction-associated patients with resected or ablated high-risk
hepatocellular carcinoma (IMbrave050): a
size calculation. The absence of steatohepatitis showing resistance
randomised, open-label, multicentre, phase 3
clearly prespecified alpha adjustment to checkpoint inhibitors compared trial. Lancet 2023; 402: 1835–47.
procedures makes the reported p value with viral-related tumours.6 Pfister 3 Yopp A, Kudo M, Chen M, et al. LBA39 updated
efficacy and safety data from IMbrave050:
(0·0040) crossing the efficacy boundary and colleagues reported no overall
phase III study of adjuvant atezolizumab +
(0·0148) challenging to interpret with survival benefit from immunotherapy bevacizumab vs active surveillance in patients
with resected or ablated high-risk
full statistical confidence. in non-viral hepatocellular carcinoma,
hepatocellular carcinoma. Ann Oncol 2024;
The use of investigator-assessed in contrast to hepatitis B and C related 35: S1230.
event-free survival as the primary hepatocellular carcinoma.6 The large 4 Christensen E. Choosing the best endpoint.
J Hepatol 2008; 49: 672–73.
endpoint in an open-label trial improvement in event-free survival
5 Llovet JM, Montal R, Villanueva A. Randomized
is inherently vulnerable to bias. observed in the CARES-009 trial, in trials and endpoints in advanced HCC: role of
Although the concordant estimate a predominantly hepatitis B virus- PFS as a surrogate of survival. J Hepatol 2019;
70: 1262–77.
from the masked independent positive cohort, might therefore
6 Pfister D, Núñez NG, Pinyol R, et al. NASH
review committee (HR 0·63, not be reproducible in other limits anti-tumour surveillance in
immunotherapy-treated HCC. Nature 2021;
95% CI 0·44–0·90) lends support to populations, for which metabolic
592: 450–56.
the robustness of the primary finding, dysfunction-associated steatotic
Correspondence
7 Chan SL, Zhou J, Wang L, et al. Article. The interim efficacy analysis and the Asian-Pacific Association for the Study of
The Lancet Commission on addressing the was conducted in accordance with the Liver (APASL); has received travel support from
global hepatocellular carcinoma burden: the Beijing Life Oasis Public Service Center, the
comprehensive strategies from prevention to a protocol amendment approved Beijing Medical Award Foundation, the Chronic
treatment. Lancet 2025; 406: 731–78. approximately 1 year before database Disease Prevention and Treatment of Traditional
8 Park JW, Chen M, Colombo M, et al. Global lock. The Lan–DeMets alpha spending Chinese Medicine Promotion Association, and the
patterns of hepatocellular carcinoma
Beijing Health Alliance Charitable Foundation; has
management from diagnosis to death: the function was used to control
served on data safety monitoring boards or advisory
BRIDGE study. Liver Int 2015; 35: 2155–66. type 1 error. Although the originally boards for AstraZeneca and Merck Sharp & Dohme;
planned sample size re-estimation and holds leadership or fiduciary roles in boards,
Authors’ reply was retained, it ultimately became societies, committees, or advocacy organisations,
including the Chinese Society of Oncology, the
We read the Correspondence by unnecessary as the predefined
Chinese Medical Association, APPLE, the Chinese
Zhenli Lu and Yufu Tang in response efficacy boundary was crossed. All College of Surgeons, and APASL. All other authors
to our Article,1 and welcome the procedures were prespecified to declare no competing interests.
opportunity to respond. The maintain statistical rigour. Although Fei Liang, Shaolai Zhou, Zheng Wang,
discrepancy in hepatocellular event-free survival includes subjective Jia Fan, *Jian Zhou, on behalf of the
carcinoma resectability criteria reflects surgical judgement on resectability CARES-009 investigators
inherent regional variations in health- (reflecting real-world clinical practice), zhou.jian@zs-hospital.sh.cn
care infrastructure, epidemiological concordance between masked Department of Hepatobiliary Surgery and Liver
profiles, and therapeutic frameworks. independent review committee and Transplantation, Liver Cancer Institute, Zhongshan
Hospital, Fudan University, Shanghai 200032, China
Recent updates to major international investigator assessments confirms
(FL, SZ, ZW, JF, JZ)
guidelines (eg, the Japan Society its robustness. Event-free survival
1 Wang Z, Fan J, Zhou S, et al. Perioperative
of Hepatology’s 2021 version,2 the offers a more direct measure of initial
camrelizumab plus rivoceranib versus surgery
Korean Liver Cancer Association’s treatment efficacy than overall survival, alone in patients with resectable
hepatocellular carcinoma at intermediate or
2022 version,3 and the American which is confounded by subsequent
high risk of recurrence (CARES-009): a
Association for the Study of Liver therapies.6–8 Overall survival follow- randomised phase 2/3 trial. Lancet 2025;
Diseases’ 2023 version4) are actively up is ongoing (with final analysis 406: 4089–99.
2 Hasegawa K, Takemura N, Yamashita T, et al.
re-evaluating surgery-centred scheduled at 70% of prespecified
Clinical practice guidelines for hepatocellular
multidisciplinary management for events), and exploratory sensitivity carcinoma: the Japan Society of Hepatology
2021 version (5th JSH-HCC Guidelines).
advanced disease—an alignment that analyses (including rank-preserving
Hepatol Res 2023; 53: 383–90.
reinforces our study’s conceptual structural failure time models) are 3 Korean Liver Cancer Association and National
framework. As mentioned, we planned to mitigate the effect of post- Cancer Center Korea. 2022 KLCA-NCC Korea
practice guidelines for the management of
urgently need the validation of recurrence crossover. We acknowledge
hepatocellular carcinoma. Clin Mol Hepatol
cross-sectional studies to promote that our trial was conducted exclusively 2022; 28: 583–705.
the implementation of strategies in China, where approximately 80% 4 Singal AG, Llovet JM, Yarchoan M, et al. AASLD
practice guidance on prevention, diagnosis,
proposed in the future. With regard of cases of hepatocellular carcinoma and treatment of hepatocellular carcinoma.
to the absence of an adjuvant- are related to hepatitis B virus Hepatology 2023; 78: 1922–65.
5 Zhou J, Sun H, Wang Z, et al. China Liver Cancer
only control group (a limitation (ie, the leading cause of hepatocellular
Guidelines for the diagnosis and treatment of
acknowledged in our Article1), we carcinoma, responsible for 39% of hepatocellular carcinoma (2024 edition).
plan to incorporate this comparator cases worldwide in 2022).8 Because Liver Cancer 2025; 14: 779–835.
6 Broglio KR, Berry DA. Detecting an overall
in future trials to quantitatively assess this aetiological profile differs
survival benefit that is derived from
the independent contribution of from many non-endemic regions, progression-free survival. J Natl Cancer Inst
2009; 101: 1642–49.
adjuvant treatment. We appreciate generalisability might be difficult.
7 Cabibbo G, Celsa C, Enea M, et al. Progression-
Lu and Tang’s insightful feedback This limitation is acknowledged in free survival early assessment is a robust
on our selection criteria, and on the Article. Confirmatory trials in surrogate endpoint of overall survival in
immunotherapy trials of hepatocellular
defining patients at intermediate to diverse geographical and aetiological
carcinoma. Cancers (Basel) 2020; 13: 90.
high recurrence risk. Our eligibility populations are needed. Finally, 8 Chan SL, Sun HC, Xu Y, et al. The Lancet
criteria (ie, China Liver Cancer Staging although adjuvant transarterial Commission on addressing the global
hepatocellular carcinoma burden:
stage Ib–IIIa, endorsed by China’s chemoembolisation could complicate comprehensive strategies from prevention to
National Health Commission5) were interpretation, its near-identical use treatment. Lancet 2025; 406: 731–78.
validated across Barcelona Clinic Liver (ie, 86% in the perioperative group
Cancer subgroups (figure 3 in the vs 87% in the surgery alone group)
original Article1), supporting its broad makes confounding of the observed
applicability. treatment effect unlikely.
We also thank Wenyi Jin and
JZ has received honoraria from the Asia–Pacific
colleagues for their interest in our Primary Liver Cancer Expert Association (APPLE)
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DOI: 10.1016/S0140-6736(26)00142-X