Menopause is a pivotal time highlighted by the cessation of menses, but it is not a disease or condition.1 However, people who have gone through menopause are more vulnerable to certain health conditions (e.g., heart disease, osteoporosis).1 There are several symptoms of menopause, with the most common being vasomotor symptoms (VMS) commonly referred to as hot flashes and night sweats.2 Bothersome VMS affect up to 80% of postmenopausal persons.2 Most individuals experiencing VMS rate their symptoms as being moderate to severe, and VMS last an average 7 to 10 years.3 VMS also have a significant impact on daily activities such as child care, exercise, housework and, to a lesser extent, employment.3
Hormone therapy (HT) to manage VMS continues to be the most effective treatment, yet some patients may be unable (due to contraindications) or unwilling to take HT.2 This highlights the ongoing need for nonhormonal therapy options to manage VMS.2 The emergence of neurokinin (NK)-targeted therapies has transformed the management of VMS. The first-in-class medication fezolinetant was approved by the FDA in May 2023 as nonhormonal therapy to manage VMS.4 Elinzanetant is an additional NK-targeted therapy currently being reviewed by the FDA to manage VMS.5 These medications may shift the paradigm of menopause symptom management.
Research into the pathophysiology of VMS has led to advances in menopause management. Specifically, these include the discovery of specialized hypothalamic neurons that have kisspeptin, NKB and dynorphin occurring in the same neuron (i.e., KNDy neurons) and of hypothalamic NKB receptors and their impact on the thermoregulatory autonomic systems.6 NKB/NK3 receptor signaling is critical to the pathophysiology of hot flashes, and thermoregulatory changes occur within this system in response to estrogen deficiency.6
The Study of Women’s Health Across the Nation (SWAN) was a multisite, multiracial, multiethnic, longitudinal cohort study enrolling 3,302 women across the United States.7 Data recorded from the interviews and self-administered questionnaires employed in the study supported that the incidence of VMS in postmenopausal women was 80%.7 Additionally, VMS symptoms persisted for a median of 7.4 years.7 A 34% prevalence of moderate to severe VMS also has been described in the US.8 In the SWAN, Black women had a significantly higher adjusted odds ratio (OR) for frequent VMS associated with menopause compared with their White counterparts (OR, 1.63; 95% CI, 1.21-2.20; p-value < 0.01).9
VMS were associated with women having less than a college education (adjusted OR [aOR], 1.91; 95% CI, 1.40-2.61), being smokers (aOR, 1.63; 95% CI, 1.25-2.12), having a higher body mass index (aOR, 1.03 per unit of increase; 95% CI, 1.01-1.04 per unit of increase), or reporting anxiety symptoms at baseline (aOR, 3.10; 95% CI, 2.33-4.12).9
SWAN’s participants also answered questions about cognitive performance that involved verbal learning, verbal fluency, memorization and intelligence.7 Compared with findings from the premenopausal group, outcomes of the perimenopausal group showed a temporary decrease in scores on the Continuous Recognition Paradigm of Kimura (CRP) (a measure of visual recognition memory) (p-value = 0.02) and on verbal fluency (a measure of verbal production, semantic memory and language) (p-value = 0.02).7 Age-related cognitive decline begins after menopause and is unrelated to the timing of cessation of menses.7 In a prospective study of 274 community-dwelling women who were in later perimenopause or who were postmenopausal, VMS occurring during sleep were associated with a significantly lower ratio of amyloid beta 42 to amyloid beta 40 (OR, 1.18; 95% CI, 1.05-1.33; p-value = 0.006; multivariable).9 Over the course of the menopause transition, participants in SWAN experienced increases in lipids, body fat distribution, metabolic syndrome risk and vascular health.9 In an analytic sample from SWAN, an increased risk of incident diabetes was noted among those with more frequent VMS (HR, 1.45; 95% CI, 1.11-1.95) as compared with those with infrequent VMS (HR, 1.30; 95% CI, 1.00-1.70) when adjusted for covariates.10 An analysis regarding the impact of VMS frequency from participants in SWAN was also conducted to assess the risk of incidence cardiovascular disease (CVD).11 Women with more frequent VMS (defined as at least six days over a two-week period) had a greater than two-fold increased risk for CVD compared with women without VMS. This relationship persisted when adjusted for additional characteristics such as HT use.11
In a systematic review, five of the 12 studies included showed no overall effect of VMS on fracture risk (z = 0.71; p-value = 0.48).12 Conversely, VMS appeared to be associated with low bone mineral density (z = 10.71; p-value < 0.00001).12
With an 80% prevalence of VMS and more severe VMS occurring in 34% of patients, it is unsurprising that the occurrence of VMS results in frequent use of healthcare services and a large economic burden.8 In a study evaluating health insurance claims in 252,273 women with untreated VMS matched to non-VMS controls, women with untreated VMS had significantly higher direct use of healthcare resources for all causes than did controls in pharmacy claims (incidence rate ratio [IRR], 1.21; 95% CI, 1.20-1.22; p-value < 0.0001), outpatient visits (IRR, 1.82; 95% CI, 1.81-1.83; p-value < 0.0001), emergency department use (IRR, 1.32; 95% CI, 1.29-1.36; p-value < 0.0001) and other visits (IRR, 1.69; 95% CI, 1.66- 1.72; p-value < 0.0001).13 In addition, patients with untreated VMS had a higher all-cause work loss (IRR, 1.57; 95% CI, 1.51-1.63; p-value < 0.0001).13
The Menopause Society recognizes HT as the most effective therapy for managing VMS of menopause; further, HT is FDA approved as first-line therapy for moderate to severe VMS of menopause.14 During the menopause transition, less estrogen is produced by the ovaries; HT is a way of replacing this lost estrogen lost and relieving menopausal symptoms.14 Both oral and transdermal HT are contraindicated for use by patients with unexplained vaginal bleeding; liver disease; prior estrogen-sensitive cancer including breast cancer; prior coronary heart disease, stroke, myocardial infarction or venous thromboembolism (VTE) or a personal history of or inherited risk of thromboembolic disease.14 The potential risks of HT include breast cancer (absolute risk, six events per 10,000 women per year) with use of combination conjugated equine estrogen (CEE)-medroxyprogesterone acetate (MPA) therapy and endometrial hyperplasia or endometrial cancer with use of inadequately opposed estrogen therapy.14 With use of CEE monotherapy, the absolute risk of deep-vein thrombosis (DVT) was five per 10,000 women per year and of pulmonary embolism (PE) was three per 10,000 women per year.14 With use of combination CEE-MPA therapy, the absolute risk of DVT was 10 per 10,000 women per year and of PE was six per 10,000 women per year.14
Gallbladder disease is also a potential risk.14 Common adverse effects (AEs) of HT include nausea, bloating, weight gain, fluid retention, mood swings, breakthrough bleeding, headaches and breast tenderness.14
After the results of two large national and international studies — the Women’s Health Initiative (WHI) in the US and the Million Women Study in the United Kingdom — were reported, there was a significant decline in the use of HT.15 This was mainly driven by the risk of CV events and breast cancer found in the studies.15 Despite subsequent subgroup analyses of the WHI reporting that the patients at highest risk for these events were older or that risk was due to the type and dose of HT prescribed, patient reluctance to begin HT continues.15
Several nonhormonal prescription therapies have been evaluated for reducing VMS.
Use of selective serotonin reuptake inhibitors (SSRIs) and serotonin-norepinephrine reuptake inhibitors (SNRIs) has produced mild to moderate improvements in VMS.15 For the use of SSRIs to treat VMS, the FDA has only approved 7.5 mg/day of paroxetine mesylate given orally.15 In clinical trials, use of this agent improved VMS severity and frequency and sleep disruption, and it did not impact weight or libido.15 SSRIs and SNRIs have several associated cautions and warnings, such as one concerning serotonin syndrome and a black box warning for suicidal thoughts; in addition, use of these agents may result in nausea or dizziness.15
Gabapentin is FDA approved as an antiepileptic drug, but it is often prescribed for neuropathic pain syndromes.15 The results of clinical trials have demonstrated improved VMS frequency and severity with gabapentin.15 Gabapentin use has been associated with several AEs including dizziness, headache and disorientation; as such, gabapentin may be a good choice for women with sleep disruptions due to VMS.15
Similar to gabapentin, pregabalin given for the management of VMS has resulted in reduced VMS frequency and severity; however, it has similar AEs and is a schedule V controlled substance, which may be a barrier to access.15
Clonidine may also be beneficial in reducing VMS, but it is less beneficial than are SSRIs, SNRIs and gabapentin.15 Clonidine is not often used due to intolerability related to hypotension, lightheadedness, headache, dry mouth, dizziness, sedation and constipation due to its central agonism of the alpha-2 adrenergic receptor.15
There are limitations to the use of both HT and existing nonhormonal therapies; these include AEs and contraindications. Emerging therapeutic options also may address newly discovered pathophysiological mechanisms of VMS of menopause. As previously discussed, The Menopause Society recognizes HT as the most effective therapy to manage VMS.15 Use of SSRIs, SNRIs, gabapentin and oxybutynin is recommended by The Menopause Society for the management of VMS.13 Use of clonidine, suvorexant and pregabalin, however, is not recommended.15
Hypothalamic neurons responding to kisspeptin, NKB, and dynorphin (known as the KNDy neurons) also impact VMS.15 As estradiol levels decline during the menopause transition, VMS are triggered by hyperactivity of the KNDy neuron that results in hypersecretion of NKB, disruption of the thermoregulatory center of the hypothalamus and, subsequently, VMS.15 NK-targeted therapies, specifically NKB antagonists, target this area of hypersecretion and lead to a decrease in VMS.15 These agents represent a targeted therapy that may reduce VMS without leading to the risks of HT.15
Fezolinetant is currently the only FDA-approved NK-targeted therapy.15 Fezolinetant was evaluated in three SKYLIGHT trials and the DAYLIGHT trial.16
SKYLIGHT-1 (NCT04003155) was a randomized, double-blind, placebo-controlled, 12-week, phase 3 trial with a 40-week treatment extension.16 Moderate to severe VMS frequency significantly improved after four weeks; the change in least squares (LS) means for use of 30 mg of fezolinetant was -1.87 (SE, 0.42; p-value < 0.001) and for use of 45 mg of fezolinetant was -2.07 (SE, 0.42; p-value < 0.001).16 At 12 weeks, the change for 30 mg of fezolinetant was -2.39 (SE, 0.44; p-value < 0.001) and for 45 mg of fezolinetant was -2.55 (SE, 0.43; p-value < 0.001).16 A significant improvement in VMS severity was also seen with both fezolinetant doses.16 The most common treatment-emergent AEs (TEAEs) were headache (45 mg, 6%; 30 mg, 5%; placebo, 7%), increased blood glucose (3%, 3% and 0%, respectively), abdominal pain (2%, 1% and 1%) and arthralgia (1%, 2% and 1%).14 In addition, an increased blood phosphokinase level, nasopharyngitis and increased levels of liver enzymes (alanine aminotransaminase, gamma-glutamyl transferase) were also seen.16
SKYLIGHT-2 (NCT04003142) was a multinational, randomized, double-blind, placebo-controlled, multicenter, phase 3 trial in women with moderate to severe VMS.17 Moderate to severe VMS frequency significantly improved in women taking fezolinetant after four weeks as compared with the placebo group; the change in LS means for those using 30 mg of fezolinetant was -1.82 (SE, 0.46; p-value < 0.001) and for those using 45 mg of fezolinetant was -2.55 (SE, 0.46; p-value < 0.001).17 Compared to the placebo group at 12 weeks, the change in LS means in those using the 30-mg dose was -1.86 (SE, 0.55; p-value < 0.001) and in those using the 45-mg dose was -2.53 (SE, 0.55; p-value < 0.001).17
A significant improvement in VMS severity was also seen with both fezolinetant doses.17 The most common TEAEs were upper respiratory infection (45 mg, 3%; 30 mg, 3%; placebo, 4.2%), headache (3.6%, 3% and 2.4%, respectively), dry mouth (2.4%, 2.4% and 0%), arthralgia (0.6%, 3% and 0.6%), diarrhea (1.2%, 0.6% and 2.4%), nasopharyngitis (0%, 1.8% and 2.4%), nausea (2.4%, 1.8% and 0%) and weight increases (0.6%, 3% and 0.6%).17 A few instances of elevated liver function test (LFT) results occurred with use of each fezolinetant dose (45 mg, 1.8%; 30 mg, 1.2%).17
SKYLIGHT-4 (NCT04003389) was a randomized, placebo-controlled, 52-week study focusing on long-term safety and tolerability of both the fezolinetant 30- and 45-mg doses.18 In SKYLIGHT-4, TEAEs were similar between the placebo and fezolinetant groups.18 The most common TEAE was headache (45 mg, 9%; 30 mg, 8.5%; placebo, 9.2%), and the incidence of elevations in LFTs was low.18
The DAYLIGHT trial (NCT05033886) was a phase 3b, randomized, double-blind, placebo-controlled trial to assess the efficacy and safety of fezolinetant in patients unable to take hormone therapy.19 At week 24, there was a significant reduction in the frequency of moderate to severe VMS compared to placebo (LS mean difference, -1.93; 95% CI, -2.64 to -1.22; p-value < 0.001) and severity of VMS (LS mean difference, -0.39; 95% CI, -0.57 to -0.21; p-value < 0.001).19 In addition to VMS, this study demonstrated a significant improvement in sleep quality (reduction in disturbance) as well.19 In a pooled analysis of the SKYLIGHT 1 and SKYLIGHT 2 trials, use of the 45-mg dose led to improvements from baseline on the Menopause-Specific Quality of Life total scores (week 4, -0.57; 95% CI, -0.75 to -0.39) (week 12: -0.47; 95% CI, -0.66 to -0.28).20
Elinzanetant use is not yet FDA approved, but its new drug application was accepted by the FDA.
Fezolinetant is an antagonist of NK3R; elinzanetant targets both the NK1 receptor (NK1R) and NK3R.21 Dual NK1R/NK3R inhibition may lead to improved VMS and sleep disturbances.19 Elinzanetant was evaluated in the OASIS 1, 2 and 3 trials (NCT05042362, NCT05099159 and NCT05030584). The OASIS 1 and OASIS 2 trials were phase 3 randomized, placebo-controlled studies to assess the efficacy and safety of 120 mg of elinzanetant in individuals with severe VMS.19 In both OASIS 1 and OASIS 2, significant improvements in VMS frequency and severity were seen (LS mean changes in daily VMS frequency vs placebo from baseline to week 4: OASIS 1, -3.3 [95% CI, -4.5 to -2.1; p-value < 0.001]); OASIS 2, -3.0 [95% CI, -4.4 to -1.7; p-value < 0.001]).21 At week 12, LS mean changes from baseline vs placebo for OASIS 1 was -3.2 (95% CI, -4.8 to -1.6; p-value < 0.001) and for OASIS 2 was -3.2 (95% CI, -4.6 to -1.9; p-value < 0.001).21 Daily reductions in VMS frequency vs placebo from baseline to week 1 were also statistically significant in both trials.21 Headache was the most frequently reported TEAE in OASIS 1 (elinzanetant, 7%; placebo, 2.6%) and OASIS 2 (9% vs 2.5%, respectively).19 In OASIS 1, fatigue was reported in 7% of the elinzanetant group vs 1.5% of the placebo group, and arthralgia was reported in 5% vs 5.2%, respectively; in OASIS 2, fatigue was reported in 5.5% vs 1.5%, and arthralgia was reported in 2.5% vs 1.0%.21
Although the results of OASIS-3 are not yet published, a recent abstract by the principal investigators supported significant reductions in VMS with elinzanetant with a favorable safety profile.22
Although HT is still considered the most effective therapy for VMS, fezolinetant appears to have advantages over other nonhormonal options. A recent network meta-analysis was conducted using phase 3 pooled data from the fezolinetant trials and comparator publications.23 Tibolone was the only HT included in the review. Oral use of 2.5 mg of tibolone was more effective than was 45 mg of fezolinetant (mean difference, -0.41; 95% CI, -0.61 to -0.20).21 Fezolinetant appeared to be more effective than was 50 mg of the nonhormonal treatment desvenlafaxine (mean difference, 0.28; 95% CI, 0.07-0.48).23
In the most recent guideline update by The Menopause Society on nonhormonal therapy, NK-targeted therapies (in the form of fezolinetant) were added as a level 1 recommendation.2 Emerging data regarding the efficacy of these agents may shift clinical decision-making in managing VMS.
Health economics and outcomes research
Long-term trial data on fezolinetant are lacking, but outcomes of an analysis of long-term cost-effectiveness in improving quality-adjusted life-years (QALY) favored fezolinetant over no therapy.24 The annual cost of fezolinetant is expected to be about $6,000 annually, whereas the cost per QALY gained is $360,000.24 Authors in this study did not recommend a VMS frequency threshold for approval of fezolinetant, as VMS may have a significant impact on QALY at different thresholds.24 There are limited data on the potential cost benefit of NK-targeted therapies compared with conventional options.
VMS are prevalent in postmenopausal persons. In many individuals, VMS can be moderate to severe and may last for upwards of 10 years from the last menstrual period. HT is still considered the most effective management strategy for VMS; however, patients may be unable or unwilling to take HT. NK-targeted therapies represent a novel and transformative approach to management of VMS in patients not on HT. The newly FDA-approved agent fezolinetant and other NK-targeted therapies such as elinzanetant, which is being reviewed by the FDA, represent a way to manage VMS in a population of patients who, if left untreated, would have high use of healthcare resources and all-cause work loss.
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4. Veozah. Prescribing information. Astellas Pharma; 2024. Accessed January 2, 2025. https://www.astellas.com/us/system/files/ veozah_uspi.pdf
5. U.S. Food and Drug Administration (FDA) accepts new drug application for elinzanetant. Bayer. October 9, 2024. Accessed December 9, 2024. https://www.bayer. com/media/en-us/ us-food-and-drug-administration-fda-accepts-new-drug-application-for-elinzanetant/
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10. Hedderson MM, Liu EF, Lee C, et al. Vasomotor symptom trajectories and risk of incident diabetes. JAMA Netw Open. 2024;7(10):e2443546. doi:10.1001/ jamanetworkopen.2024.43546
11. Thurston RC, Aslanidou Vlachos HE, Derby CA, et al. Menopausal vasomotor symptoms and risk of incident cardiovascular disease events in SWAN. JAMA. 2021;10(3):e017416. doi:10.1161/JAHA.120.017416
12. Anagnostis P, Lallas K, Pappa A, et al. The association of vasomotor symptoms with fracture risk and bone mineral density in postmenopausal women: a systematic review and meta-analysis of observational studies. Osteoporos Int. 2024;35(8):1329-1336. doi:10.1007/s00198-024-07075-8
13. Sarrel P, Portman D, Lefebvre P, et al. Incremental direct and indirect costs of untreated vasomotor symptoms. Menopause. 2015;22(3):260-266. doi:10.1097/ GME.0000000000000320
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15. Panay N, Ang SB, Cheshire R, Goldstein SR, Maki P, Nappi RE; International Menopause Society Board. Menopause and MHT in 2025: addressing the key controversies – an International Menopause Society white paper. Climacteric. 2024; 27(5):441-457. doi:10.1080 /13697137.2024.2394950
16. Lederman S, Ottery FD, Cano A, et al. Fezolinetant for treatment of moderate-to-severe vasomotor symptoms associated with menopause (SKYLIGHT 1): a phase 3 randomised controlled study. Lancet. 2023;401(10382):1091-1102. doi:10.1016/ S0140-6736(23)00085-5
17. Johnson KA, Martin N, Nappi RE, et al. Efficacy and safety of fezolinetant in moderate to severe vasomotor symptoms associated with menopause: a phase 3 RCT. J Clin Endocrinol Metab. 2023;108(8):1981- 1997. doi:10.1210/clinem/dgad058
18. Neal-Perry G, Cano A, Lederman S, et al. Safety of fezolinetant for vasomotor symptoms associated with menopause: a randomized controlled trial. Obstet Gynecol. 2023;141(4):737-747. doi:10.1097/ AOG.0000000000005114
19. Schaudig K, Wang X, Bouchard C, et al. Efficacy and safety of fezolinetant for moderate-severe vasomotor symptoms associated with menopause in individuals unsuitable for hormone therapy: phase 3b randomised controlled trial. BMJ. 2024;387:e079525. doi:10.1136/bmj- 2024-079525
20. Cano A, Nappi RE, Santoro N, et al. Fezolinetant impact on health-related quality of life for vasomotor symptoms due to the menopause: pooled data from SKYLIGHT 1 and SKYLIGHT 2 randomised controlled trials. BJOG. 2024;131(9):1296-1305. doi:10.1111/1471-0528.17773
21. Pinkerton JAV, Simon JA, Joffe H, et al. Elinzanetant for the treatment of vasomotor symptoms associated with menopause: OASIS 1 and 2 randomized clinical trials. JAMA. 2024;332(16):1343-1354. doi:10.1001/ jama.2024.14618
22. Panay N, Joffe H, Maki P, et al. Efficacy and long-term safety of elinzanetant for the treatment of VMS associated with menopause: a phase 3 randomized trial (OASIS 3). Abstract presented at: The Menopause Society’s 2024 Annual Conference; September 10-14, 2024; Chicago, IL. Abstract P-121.
23. Morga A, Ajmera M, Gao E, et al. Systematic review and network meta-analysis comparing the efficacy of fezolinetant with hormone and nonhormone therapies for treatment of vasomotor symptoms due to menopause. Menopause. 2024;31(1):68-76. doi:10.1097/GME.0000000000002281
24. Wright AC, Beaudoin FL, McQueen RB, et al. The effectiveness and value of fezolinetant for moderate-to-severe vasomotor symptoms associated with menopause: a summary from the Institute for Clinical and Economic Review’s Midwest Public Advisory Council. J Manag Care Spec Pharm. 2023;29(6):692-698. doi:10.18553/ jmcp.2023.29.6.692