Skip to main content

Efficacy and safety of combined targeted therapy and immunotherapy versus targeted monotherapy in unresectable hepatocellular carcinoma: a systematic review and meta-analysis



Cancer therapy has evolved from non-specific cytotoxic agents to a selective, mechanism-based approach that includes targeted agents and immunotherapy. Although the response to targeted therapies for unresectable hepatocellular carcinoma (HCC) is acceptable with the improved survival, the high tumor recurrence rate and drug-related side effects continue to be problematic. Given that immune checkpoint inhibitor alone are not robust enough to improve survival in unresectable HCC, growing evidence supports the combination of targeted therapy and immunotherapy with synergistic effect.


Online databases including PubMed, EMBASE, Cochrane Library, and Web of Science were searched for the studies that compared targeted monotherapy with the combination therapy of targeted drug and checkpoint inhibitors in unresectable HCC patients. Eligibility criteria were the presence of at least one measurable lesion as defined by the Response Evaluation Criteria in Solid Tumors (version 1.1) for unresectable HCC patients, an Eastern Cooperative Oncology Group performance status of 0–2, and a Child–Pugh score ≤ 7. Outcome measurements include overall survival (OS), progression-free survival (PFS), and treatment-related adverse event (TRAE).


Three phase II/III randomized controlled trials were included in this study. The pooled results showed that combination therapy significantly improved survival than targeted monotherapy, in terms of OS (hazard ratio (HR) = 0.67; 95% confidence interval [CI]: 0.50–0.91) and PFS (HR = 0.58; 95% CI: 0.51–0.67), respectively. In the incidence of grade 3–5 TRAEs, the combination therapy was significantly higher than targeted monotherapy (odds ratio = 1.98; 95% CI: 1.13–3.48).


For unresectable HCC, combined targeted drug and immunotherapy significantly improved survival compared with targeted monotherapy. However, the incidences of AEs of combinational therapy were higher than targeted monotherapy.

Peer Review reports


Cancer is one of the important global health issues, which claims the live of approximately one in six individuals. In 2020, an estimated 19.3 million new cases of cancer and nearly 10 million cancer-related deaths were reported worldwide [1, 2].

For many decades, there have been various options of cancer treatment for patients, including surgery, radiation therapy, and chemotherapy, either alone or in combination. In the last three decades, medical research has advanced substantially in the molecular understanding of cancer biology. From relatively non-specific cytotoxic agents to a specifically selective, mechanism-based approach, including targeted agents and cancer immunotherapy, cancer therapy has evolved [1, 3]. This approach has been used for a wide range of solid tumors including hepatocellular carcinoma (HCC) [4,5,6].

The mechanistic action of targeted therapy is by interfering with specific molecules, which blocks the growth and spread of cancer. Although the initial response to targeted therapies was acceptable with the improved survival in a proportion of patients, obstacles exist with the high rate of tumor recurrence and drug-related side effects. Targeted therapies remain common in treating patients with unresectable and advanced HCC [3, 7, 8], so the need for more effective and safer alternative therapies is urgently warranted.

Immunotherapy aims to stimulate a host immune response that destructs tumor and enhances antitumor responses to inhibit tumor growth or kill cancer cells [1, 9]. In patients with unresectable HCC, monotherapy with immune checkpoint inhibitors was not robust enough to improve overall survival (OS) and/or progression-free survival (PFS) [10, 11]. However, there is growing evidence that the combination of targeted therapy and immunotherapy has the potential to provide synergistic and sustained effects for cancer management [12, 13] and for unresectable HCC [14, 15]. One network meta-analysis compared the efficacy and safety of all first-line systemic therapy in patients with unresectable HCC, and one of the results showed that checkpoint inhibitor plus targeted therapy provided better outcomes of OS and PFS than sorafenib [16]. Therefore, this systematic review and meta-analysis are aimed to evaluate the efficacy and safety of the combination therapy versus targeted monotherapy in patients with unresectable/advanced HCC.


Data source and literature search strategy

The search databases, including PubMed, EMBASE, Cochrane Library, and Web of Science, were searched for eligible studies from inception to July 2022. The search terms used to define the therapy included (“molecular targeted therapy” OR “targeted therapy”) AND (“immunotherapy” OR “immune checkpoint inhibitors” OR “programmed death 1 receptor” OR “programmed death 1 ligand 1” OR “PD 1 Inhibitors” OR “PD L1 Inhibitors”). The terms used to define the disease included “liver cell carcinoma” OR “advanced hepatocellular carcinoma” OR “hepatocellular carcinoma cell line.” In addition, we also checked the reference lists of all relevant articles to identify additional studies.

Study selection

The inclusion criteria were as follows: [1] prospective study and randomized controlled trials (RCTs); [2] study involving patients with advanced/unresectable HCC; [3] intervention and comparison with targeted therapy in combination with PD-1/PD-L1 inhibitors compared with targeted monotherapy; [4] the presence of at least one measurable lesion as defined by the Response Evaluation Criteria in Solid Tumors (version 1.1); 5) Eastern Cooperative Oncology Group performance status of 0–2 in HCC patients; [6] Child–Pugh score ≤ 7; [7] at least one of the following clinical outcomes reported—OS, PFS, and the rate of any grade adverse events (AEs); and [8] studies published in English. The exclusion criteria were as follows: review articles, case reports, and conference abstracts.

Data extraction and quality assessment

For each eligible study, the following information was extracted: article title, first author, publication year, trial phase, study design, applied agents, combination therapy, sample size, rate of OS, rate of PFS, median time to progression, AEs, and national clinical trial identification number. The risk of bias for individual studies was assessed at the study level based on the Cochrane Collaboration’s tool for randomized trials, which include the following domains: random sequence generation, allocation concealment, blinding, incomplete outcome data, and selective outcome reporting [16]. The evaluation of the risk of bias was conducted by the Review Manager (RevMan, V.5.4.1, Nordic Cochrane Centre, Cochrane, Copenhagen, Denmark).

Statistical analysis

We calculated the pooled hazard ratio (HR) and 95% confidence interval (CI) for PFS and OS, as well as the pooled odds ratio (OR) and 95% CI for grade 3–5 TRAEs. The meta-analysis was conducted using the random-effects model under the assumption of significant heterogeneity. Heterogeneity among studies was quantified by I2 test, and I2 > 50% was considered substantial heterogeneity. p < 0.05 was considered statistically significant. The statistical analysis was conducted using Review Manager (RevMan5.4.1).


Study selection and characteristics of the included studies

The initial search identified 732 articles in online databases. After the screening process, duplicate and irrelevant studies were excluded. Finally, three articles were included in this meta-analysis (Fig. 1) [14, 15, 17]. Study designs for all studies were phase II/III RCTs. The studies were all published from 2020 to 2022. A total of 1,721 patients were included in the meta-analysis. The mean age was approximately 61 year, with a range from 53 to 66 year (Table 1).

Fig. 1
figure 1

PRISMA flow diagram showing screening and selection process. Reference: Page, M. J., McKenzie, J. E., Bossuyt, P. M., Boutron, I., Hoffmann, T. C., Mulrow, C. D., et al. (2021). The PRISMA 2020 statement: an updated guideline for reporting systematic reviews. International Journal of Surgery, 88, 105,906

Table 1 Baseline characteristics of the included studies

Risk of bias

Four domains of the included studies were found to have a low risk of bias (random sequence generation, allocation concealment, incomplete outcome data, and selective outcome reporting). All three studies rated the high risk of bias for blinding participants and personnel blinding bias. One study was rated as high risk for the blinding of outcome assessment (Fig. 2).

Fig. 2
figure 2

Risk of bias graph: with review of authors’ judgements about each risk of bias item presented as percentages across all included studies

Major outcomes: overall survival and progression-free survival

OS and PFS data were available for all three trials. The pooled results showed that patients receiving combination therapy with targeted drug and immunotherapy had significantly better pooled OS than targeted monotherapy (HR = 0.67; 95% CI: 0.50–0.91) (Fig. 3).

Fig. 3
figure 3

Forest plot of hazard ratio of overall survival using a random-effects model of hepatocellular carcinoma

For PFS, patients receiving combination therapy had significantly better pooled PFS than targeted monotherapy (HR = 0.58; 95% CI: 0.51–0.67) (Fig. 4).

Fig. 4
figure 4

Forest plot of hazard ratio of progression-free survival using a random-effects model of hepatocellular carcinoma

Treatment-related adverse events

All trials reported the incidences of grade 3–5 TRAEs. The pooled results showed that the combined therapy was associated with a significantly higher incidence of grade 3–5 TRAEs compared with targeted therapy alone (OR = 1.98; 95% CI: 1.13–3.48) (Fig. 5).

Fig. 5
figure 5

Forest plot of odds ratios of treatment-related adverse events using a random-effects model of hepatocellular carcinoma


Cancer treatment in unresectable HCC and other malignant solid tumors has been rapidly changing, and the combinational therapy is increasingly favored. We performed a systematic review and meta-analysis to provide targeted therapy in combination with PD-1/PD-L1 inhibitors compared with targeted monotherapy. Our analyses explored clinically relevant efficacy outcomes, including OS, PFS, and grade 3–5 TRAEs. According to the results of the present study, targeted therapy in combination with PD-1/PD-L1 checkpoint inhibitors significantly improved the OS and PFS for unresectable HCC compared with targeted monotherapy showed that for unresectable HCC.

Three phase III RCTs comparing targeted therapy in combination with PD-1/PD-L1 inhibitors with targeted monotherapy have been published so far. Finn et al. reported the combination therapy of atezolizumab (anti-PD-L1) and bevacizumab, which is a vascular endothelial growth factor A (VEGF-A) inhibitor, as compared to sorafenib targeting anti-angiogenesis multikinase receptor, with statistically significant and clinically meaningful improvement in both OS and PFS in the treatment of unresectable HCC [14]. Ren et al. and Kelley et al., respectively, reported that sintilimab (anti-PD-1) plus bevacizumab biosimilar and atezolizumab plus cabozantinib, which is a tyrosine kinases c-Met and VEGFR2 inhibitor, compared with sorafenib, achieved clinically meaningful improvements in OS and PFS for advanced/unresectable HCC [15, 17].

In patients with unresectable/advanced HCC, to the best of our knowledge, this is the first meta-analysis on RCTs to investigate the efficacy of targeted therapy in combination with immunotherapy versus targeted monotherapy. Although several trials are still ongoing, only three RCTs have been published. Compared with sorafenib, significantly better OS and PFS were observed with sintilimab plus bevacizumab (HR = 0.57, 95% CI: 0.43–0.75; HR = 0.56, 95% CI: 0.45–0.69), and atezolizumab plus bevacizumab (HR = 0.58, 95% CI: 0.58–0.80; HR = 0.59, 95% CI: 0.46–0.75), respectively. In terms of grade 3–5 AEs, the uses of lenvatinib (HR = 1.51; 95% CI: 1.14–2.00) and linifanib (HR = 1.94, 95% CI: 1.41–2.66) were higher than sorafenib. More data from updated clinical trials are still needed to confirm the benefit of combination therapy for HCC patients.

In the analyses of TRAEs, the results showed that compared with targeted monotherapy, the combination therapy had a significantly higher incidence of grade 3–5 TRAEs. The most common grade 3 or 4 TRAE with atezolizumab + bevacizumab and sintilimab + bevacizumab biosimilar group was hypertension (both 15%), which is consistent with the established safety profile of bevacizumab [18]. Besides, gastrointestinal disorders were the most common reasons for treatment discontinuation (5%) in both groups, as expected in patients with liver cancer and underlying cirrhosis. The most common grade 3 or 4 TRAE was alanine aminotransferase increase (9% in the cabozantinib plus atezolizumab combination treatment group). In one of the included studies, Kelley et al. reported immune-mediated adverse events of any grade requiring immunosuppressive treatment occurred in 31 (7%) of 429 patients in the combination treatment group [17]. The most common ones were hepatitis (4%) and pneumonitis (2%). For these 3 trials, the most common TRAEs from targeted agents were hypertension and elevated alanine aminotransferase. Grade 3 or 4 TRAEs, immune mediated or non-immune mediated, leading to study treatment discontinuation were infrequent in these 3 trials, indicating that these TRAEs were manageable with immunosuppressive drugs or other treatments. Potential candidates for the combination therapy of targeted drug and immunotherapy should be provided with this information.

Unresectable HCC management is still challenged in patients with cirrhosis and varied degree of impaired liver function. Immunotherapy, such as pembrolizumab and nivolumab, has been a viable and safe option in patients with advanced HCC [19]. Newer systemic drugs like the combination of immune checkpoint inhibitors with biologic therapy, such as ramucirumab plus durvalumab treatment, likely to be promising as a new treatment standard for patients with unresectable HCC [20].

Atezolizumab is also used for other cancers like non-small cell lung cancer and advanced renal cell carcinoma. The COSMIC-021 study reported the combination therapy with atezolizumab and cabozantinib for advanced renal cell carcinoma [21], which regimen was similar to COSMIC-312 trial [17], appeared to be tolerable with a manageable toxicity profile. Grade 3 or 4 TRAE occurred in 59% of patients, slightly higher than 36% of patients of COSMIC-312 trial. Grade 3 or 4 Immune-mediated events were 30%. TRAEs leading to discontinuation of drug was 19–24% for subgroups. All AEs were managed with dose modifications and supportive care.

As for the second-line treatment, regorafenib showed promising results after sorafenib failure in HCC patients [22]. One meta-analysis evaluating the efficacy and safety of regorafenib in unresectable HCC showed that pooled objective response rate was as high as 10.1% and pooled median OS of 11.1 months, as well as TRAE greater than Grade 3 was 50-58.3%. Regorafenib represents a valuable and comparatively safe therapeutic option in patients who progress on sorafenib [23]. HCC scenario is continuously and rapidly changing for decades due to different etiology and treatment advance, including the progressions of patients age, increased non-viral cases and an earlier stage migration [24]. This molecular information should also be integrated in the future to guide us to deal with the cancer more precisely [25].

The present study included several limitations. First, this meta-analysis mainly compared combination therapy with targeted monotherapy. These included RCTs, however, used various targeted agents and immunotherapy drugs, which may have biased the data analysis from the dissimilar therapeutic effects and AEs between drugs. The efficacy and TRAEs of individual drug in the combination can be further investigated using indirect comparison in the future. Second, the comparison of combination therapy with targeted monotherapy in patients with advanced/unrespectable HCC included only three RCTs with the limited information. Some other ongoing studies, such as LEAP-002 (lenvatinib plus pembrolizumab versus lenvatinib) [26] may be included in the near future. Third, the cost-effective analysis was insufficient in these trials. Cost-effective issue for HCC might be important because of the higher cost for the combination therapy than targeted monotherapy. More studies, especially those with the cost-effective analysis, are warranted in the future.


Our meta-analysis concluded that compared with targeted monotherapy, targeted therapy in combination with PD-1/PD-L1 inhibitors provided the survival benefits in patients with unresectable HCC. The patients receiving combination therapy had significantly higher incidences of grade 3–5 adverse effects.

Data Availability

The datasets used and/or analysed during the current study are available from the corresponding author on reasonable request.


  1. Debela DT, Muzazu SG, Heraro KD, Ndalama MT, Mesele BW, Haile DC, et al. New approaches and procedures for cancer treatment: Current perspectives. SAGE Open Medicine. 2021;9:20503121211034366.

    Article  Google Scholar 

  2. Sung H, Ferlay J, Siegel RL, Laversanne M, Soerjomataram I, Jemal A, et al. Global cancer statistics 2020: GLOBOCAN estimates of incidence and mortality worldwide for 36 cancers in 185 countries. Cancer J Clin. 2021;71(3):209–49.

    Article  Google Scholar 

  3. Vanneman M, Dranoff G. Combining immunotherapy and targeted therapies in cancer treatment. Nat Rev Cancer. 2012;12(4):237–51.

    Article  CAS  Google Scholar 

  4. Dong Y, Wong JSL, Sugimura R, Lam KO, Li B, Kwok GGW, et al. Recent Advances and Future Prospects in Immune Checkpoint (ICI)-Based Combination Therapy for Advanced HCC. Cancers (Basel). 2021;13(8).

  5. Huang A, Yang XR, Chung WY, Dennison AR, Zhou J. Targeted therapy for hepatocellular carcinoma. Signal Transduct Target Ther. 2020;5(1):146.

    Article  Google Scholar 

  6. Kijanka M, Dorresteijn B, Oliveira S, van Bergen en Henegouwen PM. Nanobody-based cancer therapy of solid tumors. Nanomed (Lond). 2015;10(1):161–74.

    Article  CAS  Google Scholar 

  7. Bergholz JS, Wang Q, Kabraji S, Zhao JJ. Integrating immunotherapy and targeted therapy in cancer treatment: mechanistic insights and clinical implications. Clin Cancer Res. 2020;26(21):5557–66.

    Article  CAS  Google Scholar 

  8. Llovet JM, Ricci S, Mazzaferro V, Hilgard P, Gane E, Blanc J-F, et al. Sorafenib in advanced hepatocellular carcinoma. N Engl J Med. 2008;359(4):378–90.

    Article  CAS  Google Scholar 

  9. Wei Y, Du Q, Jiang X, Li L, Li T, Li M, et al. Efficacy and safety of combination immunotherapy for malignant solid tumors: a systematic review and meta-analysis. Crit Rev Oncol/Hematol. 2019;138:178–89.

    Article  Google Scholar 

  10. El-Khoueiry AB, Sangro B, Yau T, Crocenzi TS, Kudo M, Hsu C, et al. Nivolumab in patients with advanced hepatocellular carcinoma (CheckMate 040): an open-label, non-comparative, phase 1/2 dose escalation and expansion trial. The Lancet. 2017;389(10088):2492–502.

    Article  CAS  Google Scholar 

  11. Zhu AX, Finn RS, Cattan S, Edeline J, Ogasawara S, Palmer DH, et al. KEYNOTE-224: Pembrolizumab in patients with advanced hepatocellular carcinoma previously treated with sorafenib. American Society of Clinical Oncology; 2018.

  12. Colli LM, Machiela MJ, Zhang H, Myers TA, Jessop L, Delattre O, et al. Landscape of Combination Immunotherapy and Targeted Therapy to Improve Cancer Management. Cancer Res. 2017;77(13):3666–71.

    Article  CAS  Google Scholar 

  13. Gotwals P, Cameron S, Cipolletta D, Cremasco V, Crystal A, Hewes B, et al. Prospects for combining targeted and conventional cancer therapy with immunotherapy. Nat Rev Cancer. 2017;17(5):286–301.

    Article  CAS  Google Scholar 

  14. Finn RS, Qin S, Ikeda M, Galle PR, Ducreux M, Kim TY, et al. Atezolizumab plus Bevacizumab in Unresectable Hepatocellular Carcinoma. N Engl J Med. 2020;382(20):1894–905.

    Article  CAS  Google Scholar 

  15. Ren Z, Xu J, Bai Y, Xu A, Cang S, Du C, et al. Sintilimab plus a bevacizumab biosimilar (IBI305) versus sorafenib in unresectable hepatocellular carcinoma (ORIENT-32): a randomised, open-label, phase 2–3 study. Lancet Oncol. 2021;22(7):977–90.

    Article  CAS  Google Scholar 

  16. Liu W, Quan B, Lu S, Tang B, Li M, Chen R, et al. First-Line Systemic Treatment Strategies for Unresectable Hepatocellular Carcinoma: A Systematic Review and Network Meta-Analysis of Randomized Clinical Trials. Front Oncol. 2021;11:771045.

    Article  Google Scholar 

  17. Kelley RK, Rimassa L, Cheng AL, Kaseb A, Qin S, Zhu AX, et al. Cabozantinib plus atezolizumab versus sorafenib for advanced hepatocellular carcinoma (COSMIC-312): a multicentre, open-label, randomised, phase 3 trial. Lancet Oncol. 2022;23(8):995–1008.

    Article  CAS  Google Scholar 

  18. Gordon MS, Cunningham D. Managing patients treated with bevacizumab combination therapy. Oncology. 2005;69(Suppl 3):25–33.

    Article  CAS  Google Scholar 

  19. Ghavimi S, Apfel T, Azimi H, Persaud A, Pyrsopoulos NT. Management and Treatment of Hepatocellular Carcinoma with Immunotherapy: A Review of Current and Future Options. J Clin Transl Hepatol. 2020;8(2):168–76.

    Article  Google Scholar 

  20. Abd El Aziz MA, Facciorusso A, Nayfeh T, Saadi S, Elnaggar M, Cotsoglou C, et al. Immune Checkpoint Inhibitors for Unresectable Hepatocellular Carcinoma. Vaccines (Basel). 2020;8(4).

  21. Pal SK, McGregor B, Suarez C, Tsao CK, Kelly W, Vaishampayan U, et al. Cabozantinib in Combination With Atezolizumab for Advanced Renal Cell Carcinoma: Results From the COSMIC-021 Study. J Clin Oncol. 2021;39(33):3725–36.

    Article  CAS  Google Scholar 

  22. An L, Liao H, Yuan K. Efficacy and Safety of Second-line Treatments in Patients with Advanced Hepatocellular Carcinoma after Sorafenib Failure: A Meta-analysis. J Clin Transl Hepatol. 2021;9(6):868–77.

    PubMed  PubMed Central  Google Scholar 

  23. Facciorusso A, Abd El Aziz MA, Sacco R. Efficacy of Regorafenib in Hepatocellular Carcinoma Patients: A Systematic Review and Meta-Analysis. Cancers (Basel). 2019;12(1).

  24. Garuti F, Neri A, Avanzato F, Gramenzi A, Rampoldi D, Rucci P, et al. The changing scenario of hepatocellular carcinoma in Italy: an update. Liver Int. 2021;41(3):585–97.

    Article  Google Scholar 

  25. Jia J, Tang J. A Molecular Hepatocellular Carcinoma Prognostic Score System Precisely Predicts Overall Survival of Hepatocellular Carcinoma Patients. J Clin Transl Hepatol. 2022;10(2):273–83.

    Article  Google Scholar 

  26. Llovet JM, Kudo M, Cheng A-L, Finn RS, Galle PR, Kaneko S, et al. Lenvatinib (len) plus pembrolizumab (pembro) for the first-line treatment of patients (pts) with advanced hepatocellular carcinoma (HCC). In: Phase 3 LEAP-002 study. American Society of Clinical Oncology; 2019.

Download references


The authors are indebted to the contribution of funding from the Yonghe Cardinal Tien Hospital and National Taiwan University Hospitals.


This research received no external funding.

Author information

Authors and Affiliations



Jason C-H. C., T.-K. Y. and Y.-F. Y. conceived the study concept and design. T.-K. Y. and Y.-F. Y. were responsible for statistical analysis. H.-J. L and K.-W. H. helped the Data analysis and consultation for manuscript preparation. T.-K. Y. wrote the first draft. T.-K. Y., C.-L. T., P.-S. Y. and Jason C-H.C. revised the manuscript. All authors made the critical revision of the manuscript for important intellectual content. All authors approved the final version of the manuscript.

Corresponding author

Correspondence to Jason Chia-Hsien Cheng.

Ethics declarations

Ethics approval and consent to participate

The experimental protocol was established, according to the ethical guidelines of the Helsinki Declaration and was approved by the Research Ethics Committee of Fu-Jen Catholic University (C111006).

Consent for publication

Not applicable for the section.

Competing interests

The authors declare no conflict of interest.

Disclosure statement

The authors have nothing to disclose.

Additional information

Publisher’s Note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Rights and permissions

Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit The Creative Commons Public Domain Dedication waiver ( applies to the data made available in this article, unless otherwise stated in a credit line to the data.

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Yang, TK., Yu, YF., Tsai, CL. et al. Efficacy and safety of combined targeted therapy and immunotherapy versus targeted monotherapy in unresectable hepatocellular carcinoma: a systematic review and meta-analysis. BMC Cancer 22, 1085 (2022).

Download citation

  • Received:

  • Revised:

  • Accepted:

  • Published:

  • DOI: