# 16 - 87 Tumors of the Liver and Biliary Tree

### 87 Tumors of the Liver and Biliary Tree

Rarely, RET fusions and TRK fusions can be seen in patients with 
metastatic colorectal cancer. These patients can have tremendous 
responses to the appropriate RET and TRK inhibitors with marked 
prolongation of survival.
CANCERS OF THE ANUS
Cancers of the anus account for 1–2% of the malignant tumors of the 
large bowel. Anal cancer by convention refers to squamous cell carci­
nomas arising in the anorectal region. Other types of cancers including 
melanoma, neuroendocrine cancer, lymphoma, and mesenchymal 
tumors can arise in these regions but are referred to by their histologic 
subtype and are not the subject of this chapter. True adenocarcinomas 
arising from the glands in the anal canal that are distinct from rectal 
adenocarcinoma can also arise but, for all intents and purposes, are 
indistinguishable from rectal adenocarcinoma and treated accordingly.
Most anal cancers arise in the anal canal, the anatomic area extend­
ing from the anorectal ring to a zone approximately halfway between 
the pectinate (or dentate) line and the anal verge. The dentate line can 
be quite variable in adults but, on average, is 4 cm from the anal verge. 
Squamous cell carcinomas are characterized as either nonkeratinizing 
or keratinizing. Older terms such as cloacogenic and basaloid are not 
used anymore, and these tumors are instead characterized as nonkera­
tinizing. Outcomes for keratinizing and nonkeratinizing squamous cell 
carcinoma of the anus are not different.
The development of anal cancer is associated with infection by 
human papillomavirus (HPV), the same virus etiologically linked to 
cervical and oropharyngeal cancers. The same HPV subtypes associ­
ated with cervical cancer are seen in anal cancer. The infection may 
lead to squamous intraepithelial lesions (SILs), which are classified as 
either low grade (LSIL) or high grade (HSIL). LSILs are associated with 
non–cancer-causing HPV subtypes, are not considered precancerous, 
and can spontaneously regress. HSILs are associated with HPV16 and 
are considered precancerous. Anal cancer risk is increased in both men 
and women with immunocompromised states including solid organ 
transplant patients, patients with chronic immunosuppression with 
glucocorticoids, and patients living with HIV, particularly with low 
CD4 counts. Anal cancers occur most commonly in middle-aged per­
sons and are more frequent in women than men. At diagnosis, patients 
may experience bleeding, pain, sensation of a perianal mass, and pru­
ritus. Examination of and attention to the inguinal lymph nodes on 
imaging is important because anal cancers often spread initially to the 
inguinal region rather than the iliac nodes like rectal cancer.
The standard treatment for anal cancers consists of 5-FU, mitomy­
cin, and concurrent external beam radiation therapy. The majority of 
patients will experience a complete response to therapy. Some patients 
will have ongoing resolution of their cancer over the 6 months after 
completion of therapy. Therefore, the decision about whether a patient 
has had a complete response to therapy is not made until after 6 months 
following chemoradiation.
Patients who are considered primarily refractory to chemoradiation 
or those with locally recurrent disease can be cured with radical resec­
tion (i.e., APR). In addition to those experiencing a local recurrence, 
~10% of patients may experience continued rectal incontinence due to 
the effects of radiation therapy and undergo a subsequent colostomy.
Metastatic anal cancer is considered incurable. It may respond well 
to carboplatin and paclitaxel. PD-1 antibodies have limited activity in 
patients with metastatic disease.
Acknowledgment
Robert J. Mayer contributed to this chapter in the prior edition and material 
from that chapter has been retained here.
■
■FURTHER READING
André T et al: Pembrolizumab in microsatellite-instability-high 
advanced colorectal cancer. N Engl J Med 383:2207, 2020.
Cercek A et al: PD-1 blockade in mismatch repair-deficient locally 
advanced rectal cancer. N Engl J Med 386:2363, 2022.
Colón-López V et al: Anal cancer risk among people with HIV infec­
tion in the United States. J Clin Oncol 36:68, 2018.

Dekker E et al: Colorectal cancer. Lancet 394:1467, 2019.
Eng C et al: Anal cancer: emerging standards in a rare disease. J Clin 

Oncol 40:2022.
Grothey A et al: Duration of adjuvant chemotherapy for stage III 
colon cancer. N Engl J Med 378:1177, 2019.
Inadomi JM: Screening for colorectal neoplasia. N Engl J Med 376:149, 
2017.
Long H et al: Pathways of colorectal carcinogenesis. Gastroenterology 
158:291, 2020.
Petrelli F et al: Prognostic survival associated with left-sided vs 
right-sided colon cancer. A systemic review and meta-analysis. JAMA 
Oncol 3:211, 2017.
Schrag D et al: Preoperative treatment of locally advanced rectal 

cancer. N Engl J Med 389:1631, 2023.
Siegel RL et al: Colorectal cancer statistics 2024. CA Cancer J Clin 
12:49, 2024.
Josep M. Llovet

Tumors of the Liver 

and Biliary Tree
CHAPTER 87
Tumors of the Liver and Biliary Tree 
Liver cancer is the sixth most common cancer worldwide, the third 
leading cause of cancer-related deaths and the leading cause of death 
among cirrhotic patients. Liver cancer comprises a heterogeneous 
group of malignant tumors that range from hepatocellular carcinoma 
(HCC; ~85 cases), intrahepatic cholangiocarcinoma (iCCA; ~10%), 
and other malignancies, such as fibrolamellar HCC, mixed HCCiCCA, epithelioid hemangiothelioma, and the pediatric cancer hepato­
blastoma. The burden of liver cancer is increasing globally.
HEPATOCELLULAR CARCINOMA
■
■EPIDEMIOLOGY AND RISK FACTORS
Overall, liver cancer accounts for 7% of all cancers (~900,000 new cases 
each year), and HCC represents 85% of primary liver cancers. The 
highest incidence rates of HCC occur in Asia and sub-Saharan Africa 
due to the high prevalence of hepatitis B virus (HBV) infection, with 
20–35 cases per 100,000 inhabitants. Southern Europe and now North 
America have intermediate incidence rates (10 cases per 100,000), 
whereas Northern and Western Europe have low incidence rates of less 
than 5 cases per 100,000 inhabitants. In the United States, the incidence 
of liver cancer is 40,000 cases per year (Fig. 87-1). HCC has a strong 
male preponderance, with a male-to-female ratio estimated to be 2.5:1. 
The incidence increases with age, reaching a peak at 65–70 years old. 
In Chinese and in black African populations (where vertical transmis­
sion of HBV occurs), the mean age is 40–50 years. By contrast, in Japan 
mean age in men is now around 75 years.
The main risk factors for HCC development are cirrhosis—an asso­
ciated chronic liver damage caused by inflammation and fibrosis—of 
any etiology, chronic infection by HBV or hepatitis C virus (HCV) 
infection, alcohol abuse, metabolic syndrome, and hemochromatosis 
(associated to HFE1 gene germline mutations) (Fig. 87-1). Cirrhotic 
patients represent 1% of the human population, and one-third of them 
will develop HCC during their lifetime. Long-term follow-up studies 
have established an annual risk of HCC development of 3–8% in 
HBV- or HCV-infected cirrhotic patients. HCC is less common (1–2% 
per year) in cirrhosis associated with alcohol, metabolic dysfunction–
associated steatohepatitis (MASH, formerly known as nonalcoholic 
steatohepatitis or NASH), α1-antitrypsin deficiency, autoimmune hepa­
titis, Wilson’s disease, and cholestatic liver disorders. Predictors of liver 
cancer development among cirrhotic patients have been associated

Central
Europe
Western
Europe
North America
Western
Africa
Andean Latin
America
South Latin
America
ASR (World) per 100,000
≥8.4
5.8–8.4
4.7–5.8
3.3–4.7
PART 4
Oncology and Hematology
Not applicable
No data
<3.3
FIGURE 87-1  Distribution of hepatocellular carcinoma (HCC) incidence according to geographical area and etiology. HBV, hepatitis B virus; HCV, hepatitis C virus; NASH, 
nonalcoholic steatohepatitis. (Reproduced with permission from JM Llovet et al: Hepatocellular carcinoma. Nat Rev Disease Primers 21:76, 2021.)
with liver disease severity (platelet count of <100,000/µL, presence 
of portal hypertension), the degree of liver stiffness as measured by 
transient elastography, and liver gene signatures capturing the cancer 
field effect.
In terms of attributable risk fraction, HBV infection—a DNA virus 
that can cause insertional mutagenesis and affects ~300 million people 
globally—accounts for ~50% of HCC cases globally (60% in Asia and 
Africa and 20% in the Western world). Among patients with HBV 
infection, a family history of HCC, HBeAg seropositivity, high viral 
load, and genotype C are independent predictors of HCC development. 
HCV infection—an RNA virus that affects ~70 million people—is 
responsible for ~30% of cases and is the main cause of HCC in Europe 
and North America. Among patients with HCV infection, HCC occurs 
almost exclusively when relevant advanced liver damage and fibrosis 
are present, particularly if associated with HCV genotype 1b.
Alcohol consumption and metabolic syndrome due to diabetes and 
obesity are responsible for ~30% of cases. MASH is the fastest grow­
ing cause of cirrhosis in developed countries and currently represents 
~15–20% of HCC cases in the West. The annual incidence of HCC 
in MASH-related cirrhosis (1–2%/year) justifies including cirrhotic 
patients in surveillance programs. Nonetheless, it has to be taken into 
account that 25–30% of MASH-associated HCCs occur in the absence 
of cirrhosis. A PNPLA3 polymorphism is strongly associated with 
fatty and alcoholic chronic liver diseases and HCC occurrence. Finally, 
other cofactors contributing to HCC development in all etiologies are 
tobacco, aflatoxin B1 (a fungal carcinogen present in food supplies that 
induces TP53 mutations), and aristolochic acid contained in Chinese 
medicine herbs.
■
■MOLECULAR PATHOGENESIS
HCC development is a complex multistep process that starts with 
precancerous cirrhotic nodules, so-called low-grade dysplastic nodules 
(LGDN) that evolve to high-grade dysplastic nodules (HGDN) that 
can transform into early-stage HCC. Molecular studies support the 
pivotal role of adult hepatocytes as the cell of origin, either by directly 
transforming to HCC or by de-differentiating into hepatocyte precur­
sor cells. Alternatively, progenitor cells also give rise to HCC with 
progenitor markers.
Genomic analysis has provided a clear picture of the main drivers 
responsible for HCC initiation and progression. This tumor results 

Eastern
Europe
Japan
East Asia
South-East Asia
North Africa,
Middle East
Oceania
Etiology
HCV
Alcohol
HBV
Southern Africa
NASH & other
from the accumulation of around 40–60 somatic genomic alterations 
per tumor, among which 4–8 are considered driver cancer genes. 
HCC is a prototypical inflammation-associated cancer, where immune 
microenvironment and oxidative stress present in chronically damaged 
livers play pivotal roles in inducing mutations. In preneoplastic HGDN, 
mutations in telomere reverse transcriptase (TERT) gene (20% of cases) 
and gains in 8q have been described. Oncogenic transformation occurs 
upon additional genomic hits. The main molecular drivers of HCC 
are in the telomerase reverse transcriptase (TERT) promoter (56%), 
TP53 (27%), and CTNNB1 (26%), all of which are unactionable with 
molecular therapies. Genes commonly mutated in other solid tumors 
such as EGFR, HER2, PIK3CA, BRAF, or KRAS are rarely mutated in 
HCC (<5%) (Table 87-1). Studies assessing copy-number alterations 
in HCCs have consistently identified: (1) high-level amplifications at 
5–10% prevalence containing oncogenes in 11q13 (CCND1 and FGF19) 
and 6p21 (VEGFA), TERT focal amplification, and homozygous dele­
tion of CDKN2A; and (2) common amplifications containing MYC 
(8q gain). Overall, only ~20–25% of HCCs have at least one actionable 
mutation. Some risk factors have been associated with specific molecu­
lar aberrations. HBV integrates into the genome of driver genes, such as 
the TERT promoter, MLL4, and cyclin E1 (CCNE1). Alcohol abuse and 
HCV infection have been associated with CTNNB1 mutations. TP53 
mutations are the most frequent alterations with a specific hotspot of 
mutation (R249S) in patients with aflatoxin B1 exposure.
Molecular and Immune Classes 
Genomic studies have revealed 
two molecular subclasses of HCC, each representing ~50% of patients. 
The proliferative subclass associated with poor outcomes, HBV-related 
etiologies, and overexpression of α-fetoprotein is enriched by activa­
tion of Ras, mammalian target of rapamycin (mTOR), and insulin-like 
growth factor (IGF) signaling and FGF19 amplification. By contrast, 
the so-called nonproliferative subclass contains a subtype character­
ized by CTNNB1 mutations and better outcome. Another classification 
based upon immune status has been proposed. It defines an inflamed 
HCC class in ~35% of cases (i.e., hot tumors), characterized by immune 
infiltrate with expression of PD-1/PD-L1, enrichment of T-cell activa­
tion, and better response to immunotherapies, and a noninflamed class 
(cold tumors), which includes the excluded subclass associated with 
activation of pathways related with immune escape (i.e., Wnt signal­
ing) or absence of T-cell infiltrate. None of this molecular knowledge

TABLE 87-1  Molecular Aberrations Common in Hepatocellular 
Carcinoma (HCC)a
PATHWAY
TARGET
PREVALENCE (%)
Mutations
Telomere stability
TERT promoter

p53/cell cycle control
TP53
ATM
RB1

Wnt/β-catenin signaling
CTNNB1
AXIN1

Chromatin remodeling
ARID1A
ARID2
KMT2A
KMT2C

Ras/PI3K/mTOR pathway
RPS6KA3
TSC1/TSC2

Oxidative stress
NFE2L2
KEAP1

High-level focal amplifications
VEGF signaling
VEGFA

FGF signaling
FGF19

Cell-cycle control
CCND1 protein

Target with homozygous deletion
TP53/cell-cycle control
CDKN2A
TP53
Retinoblastoma 1

Wnt/β-catenin signalling
AXIN1

aRecurrent mutations, focal amplifications, or homozygous deletions in HCC based 
on next-generation sequencing analyses.
has yet been translated into actual clinical benefits for any specific 
molecularly based subgroups, and thus, precision oncology is still an 
unmet goal of therapy.
■
■PREVENTION AND EARLY DETECTION
Prevention 
Primary prevention of HCC can be achieved by vac­
cination against HBV and effective treatment of HBV and HCV infec­
tion. Universal vaccination against HBV infection is associated with a 
significant decrease of the incidence of HCC. Nowadays, HBV vaccina­
tion is recommended to all newborns and high-risk groups, following 
World Health Organization guidelines, and people with risk factors 
for acquiring HBV infection, such as health workers, travelers to areas 
where HBV infection is prevalent, injecting drug users, and people 
with multiple sex partners.
Effective antiviral treatments for patients with chronic HBV infection—
achieving undetectable viral titers (circulating HBV-DNA)—result in 
50–80% risk reduction of HCC development. Treatment of HCV with 
direct-acting antiviral agents (DAAs) yields >90% sustained virological 
response (SVR) rates after 12 weeks of treatment, thus significantly 
reducing HCC occurrence. Once cirrhosis is established, the incidence 
of HCC is lower for patients with SVR than for those with active viral 
disease, although they continue to have persistent HCC risk. Clinical 
practice guidelines recommend coffee consumption as a preventive 
strategy in patients with chronic liver disease. Aspirin, statins, and 
metformin have shown preventive effects but are not yet recommended 
as formal chemopreventive strategies.
Surveillance 
Surveillance programs aim to reduce cancer-related 
mortality. This is usually achieved through early detection that 
enhances the applicability and cost-effectiveness of curative therapies. 
U.S. and European guidelines recommend surveillance for patients at 
high risk for HCC on the basis of cost-effectiveness analyses.

Surveillance is recommended for cirrhotic patients owing to 
any cause, those with HCV-related advanced fibrosis, and patients 
with chronic HBV infection if Asian aged >40 years, African aged 

>20 years, family history of HCC, or patients with sufficient risk by risk 
scores such as PAGE-B. In terms of liver dysfunction, the presence of 
advanced cirrhosis (Child-Pugh class C) prevents potentially curative 
therapies from being employed, and thus surveillance is not recom­
mended. As an exception, patients on the waiting list for liver trans­
plantation, regardless of liver functional status, should be screened for 
HCC in order to detect tumors exceeding conventional criteria and to 
define priority policies for transplantation.

Ultrasonography every 6 months with serum α-fetoprotein (AFP) 
levels is the recommended method of surveillance. It has a sensitivity 
of ~65% and a specificity of >90% for early detection. A shorter followup interval (every 3–6 months) is recommended when a nodule of 
<1 cm has been detected. Computed tomography (CT) and magnetic 
resonance imaging (MRI) are not recommended as screening tools due 
to lack of data on accuracy, high cost, and possible harm (i.e., radiation 
with CT). Contrast-enhanced MRI can be considered in patients with 
obesity and fatty liver, where visualization with ultrasound is subopti­
mal. The accuracy of other serum biomarkers proposed, such as des-γ 
carboxyprothrombin (DCP) and the L3 fraction of AFP (AFP-L3), in 
early detection is not known.
CHAPTER 87
Despite the fact that surveillance is cost-effective in HCC, the global 
implementation of such programs is estimated to engage ~50% of the 
target population in Europe and ~30% in the United States. Public 
health policies encouraging the implementation of such programs 
could lead to an increase in early tumor detection.
Tumors of the Liver and Biliary Tree 
Diagnosis 
HCC is generally diagnosed at early or intermediate 
stages in Western countries but at advanced stages in most Asian 
(except Japan) and African countries. A surveillance program yields 
detection of early HCC in 70–80% of cases. At these stages, the 
tumor is asymptomatic, and diagnosis can be made by noninvasive 
(radiological) or invasive (biopsy) approaches. Without surveillance, 
HCC is discovered either as a radiological finding or due to cancerrelated symptoms. If symptoms are present, the disease is already at an 
advanced stage, with a median life expectancy of <1 year. Symptoms 
include malaise, weight loss, anorexia, abdominal discomfort, or signs 
related to advanced liver dysfunction.
NONINVASIVE (RADIOLOGICAL) DIAGNOSIS  Patients enrolled in a 
surveillance program are diagnosed by identification of a new liver 
nodule on abdominal ultrasound. Noninvasive criteria can only be 
applied to cirrhotic patients and are based on imaging techniques 
obtained by four-phase multidetector CT scan (four phases are unen­
hanced, arterial, venous, and delayed) or dynamic contrast-enhanced 
MRI. A flowchart of diagnosis and recall policy recommended by U.S. 
and European guidelines is summarized in Fig. 87-2. In nodules >1 cm 
or with AFP ≥20 ng/mL or rising AFP, multiphasic contrast-enhanced 
CT or MRI is recommended. Using these techniques, the typical hall­
mark of HCC consists of vascular uptake of the nodule in the arterial 
phase with washout in the portal venous or delayed phases. This radio­
logical pattern captures the hypervascular nature characteristic of HCC 
and has a diagnostic specificity of ~95–100%, making a biopsy unnec­
essary. The Liver Imaging Reporting and Data System (LI-RADS) has 
been proposed as a way of classifying radiological findings. Essentially, 
nodules >10 mm visible on multiphase exams are assigned category 
codes reflecting their relative probability of being benign, HCC, or 
other hepatic malignant neoplasm. LI-RADS-1 lesions have a 0% prob­
ability of HCC, whereas lesions assigned to the LI-RADS-4 category 
are likely to be an HCC in 60–70% of cases and repeated imaging 
within 3–6 months or biopsy is recommended. Finally, LI-RADS-5 
lesions have a ~95% probability of being HCCs. LI-RADS-M category 
comprises lesions that have malignant radiological features but are only 
HCC in ~35% of cases.
Nodules <1 cm in size are unlikely to be HCC and would be very 
difficult to diagnose, and thus ultrasound follow-up at 3–4 months is 
recommended. Contrast-enhanced ultrasound (CEUS) and angiography

Mass/Nodule on US
>1 cm, AFP ≥20 ng/mL or rising AFP
<1 cm
Repeat US at 3–6 mos
Growing/changing pattern
1 positive technique
HCC radiological hallmark or LI-RADS 5*
Stable
LI-RADS 4
LI-RADS 3
Use alternative imaging
PART 4
Oncology and Hematology
Inconclusive
*Hallmark of HCC: Contrast uptake in arterial phase and washout in venous or delayed phase
**Consider a second biopsy in case of inconclusive
FIGURE 87-2  Recall diagnosis schedule for HCC (EASL). EASL, European Association for the Study of Liver Disease; HCC, hepatocellular carcinoma. (Modified with 
permission from EASL. J Hepatology 69:182, 2018.)
are less accurate for HCC diagnosis. Positron emission tomography 
(PET) scan performs poorly for early diagnosis. AFP levels ≥400 ng/dL 
are highly suspicious but not diagnostic of HCC according to guidelines.
PATHOLOGICAL DIAGNOSIS  Pathological diagnosis is required: (1) in 
patients without cirrhosis, (2) if radiology is not typical in at least one 
of two imaging techniques (CT and MRI), and (3) for a LI-RADS-4 
lesion. Biopsy has not been used as the gold standard in clinical prac­
tice, although with the advent of molecular therapies, some guidelines 
advocate obtaining tissue samples in the setting of all research stud­
ies in HCC, even if radiological criteria are met. Sensitivity of liver 
biopsies ranges between 70 and 90% for all tumor sizes but decreases 
to <50% in tumors 1–2 cm in size. The risk of complications, such 
as tumor seeding and bleeding, after liver biopsy is ~2–3%. Biopsies 
should be assessed by an expert hepatopathologist. The use of special 
stains may help to resolve diagnostic uncertainties. Positive staining in 
two of four markers (glypican 3 [GPC3], glutamine synthetase, heat 
shock protein 70 [HSP70], and clathrin heavy chain) is highly specific 
for HCC. Additional staining can be considered to detect progenitor 
cell features (K19 and epithelial cell adhesion molecule [EpCAM]) or 
assess neovascularization (CD34). A negative biopsy does not elimi­
nate the diagnosis of HCC. A second biopsy is recommended in case 
of inconclusive findings or growth or change in enhancement pattern 
identified during follow-up (Fig. 87-2).
■
■TREATMENT
Overview 
The landscape of management of HCC has substan­
tially changed during the last decade. For early stages, resection, liver 
transplantation, and local ablation have substantially improved life 
expectancy, with median overall survival (OS) times beyond 5 years 
(Fig. 87-3). Adjuvant therapy with atezolizumab plus bevacizumab 
improves recurrence-free survival in patients at high risk of recurrence 
undergoing resection or ablation. For intermediate stages, transarterial 
chemoembolization (TACE) has improved the natural history of 16 

Four-phase contrast-enhanced CT or
Multiphasic contrast-enhanced/or gadoxetic-enhanced MRI
Yes
HCC
Biopsy**
Benign or non-HCC
malignant
months to ~30 months, and when combined with durvalumab plus 
bevacizumab, it improves progression-free survival. Systemic drugs 
for advanced tumors (atezolizumab plus bevacizumab, durvalumab 
plus tremelimumab, sorafenib, lenvatinib, regorafenib, cabozantinib, 
and ramucirumab) have improved median survivals from 8 months to 
even beyond 19 months in front-line and to 10 months in second-line 
treatment (Fig. 87-3).
Staging Systems and Treatment Allocation 
Staging systems are 
aimed at stratifying patients according to prognostic factors and out­
come and allocating the best available therapies according to evidence. 
The most accepted staging system is the Barcelona Clinic Liver Cancer 
(BCLC) Classification, which is endorsed by U.S. and European clinical 
practice guidelines (Fig. 87-3). This staging system defines five prog­
nostic subclasses and allocates specific treatments for each stage. The 
BCLC staging system has been externally validated by numerous stud­
ies. It is an evolving system that allows incorporation of new therapies 
and treatment-dependent variables as new evidence emerges. Several 
treatments improve survival in HCC, and thus have been incorporated 
in the therapeutic algorithm: surgical resection, liver transplanta­
tion, radiofrequency (RF) ablation, microwave, chemoembolization, 
and systemic therapies (atezolizumab-bevacizumab, durvalumab plus 
tremelimumab, sorafenib, lenvatinib, regorafenib, cabozantinib, and 
ramucirumab). The BCLC assigns each patient to a given treatment 
allocation. Treatment stage migration is also applied by this scheme, 
meaning that if patients are not candidates for the selected therapy, the 
next effective therapy at more advanced stages can be given.
In HCC, three parameters are relevant for defining treatment strat­
egy: tumor status, cancer-related symptoms, and liver dysfunction. 
The BCLC staging captures all three variables and allocates patients 
to treatments according to evidence. Since >80% of patients have two 
diseases, HCC and cirrhosis, a clear measurement of liver dysfunction 
should be in place. The prognosis of chronic liver disease is com­
monly assessed using the Child-Pugh score, which uses five clinical

Hepatocellular carcinoma
Very early (BCLC 0)
Early (BCLC A)
Stages
Stratification
Treatment
- Single nodule ≤2 cm
- Child-Pugh A, ECOG 0
- Single or ≤3 nodules ≤3 cm
- Child-Pugh A-B, ECOG 0
2–3 nodules
≤3 cm
Solitary
Yes
Optimal
surgical
candidate
No
Yes
Transplant
candidate
No
Transplantation
(LT)
Ablation
First
choice#
Second
choice##
Ablation
Resection
Systemic therapy*
Best supportive
care
Downstaging LT
TACE (TARE, SBRT)
Extended criteria LT
(TARE)
Resection
Expected 
outcomes
Median OS: 10 yr Transplantation;
>6 yr for resection/ablation
FIGURE 87-3  Staging system and therapeutic strategy. BCLC classification comprises five stages that select the best candidates for therapies according to evidence-based 
data. Patients with asymptomatic early tumors (stages 0 -A) are candidates for radical therapies (resection, transplantation, or local ablation). Asymptomatic patients with 
multinodular HCC (stage B) are suitable for transcatheter arterial chemoembolization (TACE), whereas patients with advanced symptomatic tumors and/or an invasive 
tumoral pattern (stage C) are candidates to receive systemic therapies. End-stage disease (stage D) includes patients with poor prognosis that should be treated by best 
supportive care. BCLC, Barcelona Clinic Liver Cancer; DDLT, deceased donor liver transplantation; EASL, European Association for the Study of Liver Disease; ECOG, 
Eastern Cooperative Oncology Group Performance Status; EORTC, European Organisation for Research and Treatment of Cancer; GRADE, grading of recommendations 
assessment, development, and evaluation; HCC, hepatocellular carcinoma; LDLT, living donor liver transplantation; OS, overall survival; PEI, percutaneous ethanol injection; 
RF, radiofrequency ablation; TACE, transcatheter arterial chemoembolization. (Modified with permission from JM Llovet et al: Molecular pathogenesis and systemic 
therapies for hepatocellular carcinoma. Nature Cancer 3:386, 2022.)
*Around 70–80% of patients are expected to receive this regimen
#Based on high level evidence studies.
##Based on low or moderate level of evidence studies.
measures—total bilirubin, serum albumin, prothrombin time, ascites 
severity, and hepatic encephalopathy grade—to classify patients into 
one of three groups (A–C) of predicted survival rates. In brief, ChildPugh class A reflects well-preserved liver function, Child-Pugh class B 
moderate liver dysfunction, and Child-Pugh class C severe liver dys­
function. Other measurements of liver dysfunction, such as the Model 
for End-Stage Liver Disease (MELD) score or the albumin-bilirubin 
score, are not integrated in this staging system. Performance status is 
assessed by Eastern Cooperative Oncology Group (ECOG) scale (a 
5-point scale where higher numbers indicate greater disability), and 
presence of cancer-related symptoms (ECOG 1–2) is considered a sign 
of advanced stage.
Considering all these prognostic/predictive variables and evidencebased treatment efficacy, five BCLC stages have been defined (Fig. 87-3). 
Patients with liver-only neoplastic disease, no symptoms (ECOG 0), 
and mild to moderate liver dysfunction (Child-Pugh A-B) can be clas­
sified as very early (stage 0), early (stage A), or intermediate (stage B) 
stage depending on tumor size and number. Very early HCC (BCLC 0) 
is defined by single tumors ≤2 cm (if pathology is available, the tumors 
should be well-differentiated with absence of microvascular invasion 
or satellites). Early HCC (BCLC A) includes either single tumors or a 

Intermediate (BCLC B)
Advanced (BCLC C)
Terminal (BCLC D)
- Portal invasion, N1, M1
- Child Pugh A-B, ECOG 1–2
- Multinodular
- Child-Pugh A-B, ECOG 0
- Child Pugh C
- ECOG >2
TACE
candidate
No
Yes
CHAPTER 87
Chemoembolization
(+ systemic therapies)
Tumors of the Liver and Biliary Tree 
Median OS 
~26–30 mo
mPFS: 15 mo
1st line: ~16–19 mo
2nd line: 13–15 mo
3rd line: 8–12 mo
Median OS
3–6 months
maximum of three nodules of ≤3 cm in diameter. Intermediate stage 
(BCLC B) is defined by all other liver-only tumors. Conversely, HCC 
is considered at advanced stages (BCLC C) when patients present with 
cancer-related symptoms (ECOG 1–2) or tumors with macrovascular 
invasion (of any type, including branch, hepatic, or portal vein), lymph 
node involvement, or extrahepatic spread. Finally, end-stage disease 
(BCLC D) is considered in cases of severe impairment of quality of 
life or severe cancer-related symptoms (ECOG 3–4) or severe liver 
dysfunction (Child-Pugh C).
Around 40% of patients are diagnosed at stages 0 and A and hence 
are eligible for potentially curative therapies, resection, transplantation, 
or local ablation. These treatments provide median survival rates of 
60 months and beyond, which are in sharp contrast with outcomes 
of 36 months reported in historical controls (Fig. 87-3, Table 87-2). 
Adjuvant therapy with atezolizumab plus bevacizumab is recom­
mended in patients after resection or local ablation who are at high risk 
of recurrence. Patients at intermediate stage (stage B) with preserved 
liver function have a documented natural history of around 16 months. 
These patients benefit from TACE, as reported in two randomized 
studies and one meta-analysis and achieve an estimated survival of 
25–30 months. Combination of durvalumab plus bevacizumab with TACE

TABLE 87-2  Summary of Key Results of Randomized and Cohort Studies in the Management of Hepatocellular Carcinoma (HCC)
TREATMENT OF EARLY AND INTERMEDIATE STAGE HCC
TREATMENTS
HCC STAGE
TREATMENT ARMS
OUTCOMES (OS)
Treatments for early HCC
Resection
Early
Optimal (single nodule; no portal hypertension)
5-year: 50–70%
Suboptimal (multinodular or portal hypertension)
5-year: 35–55%
Resection + adjuvant
Early
Adjuvant atezolizumab + bevacizumab vs surveillance
12-month RFS: 78 vs 65%
Liver transplantation
Early
Milan (1 nodule <5 cm, 2–3 nodules ≤3 cm, no MVI, no EHS)
5-year: 70–80%
Early/intermediate
Downstaged (1 nodule ≤6.5 cm, ≤3 nodules ≤4.5 cm and total diameter ≤8 cm, 
no MVI, no EHS)
Ablation
Early
RFA
Median: 50–60 months
Treatments for intermediate HCC
Transarterial therapies
Intermediate
TACE
Median: 20–32 months
Median PFS: 8 months
Locoregional + systemic
Intermediate
TACE + durvalumab + bevacizumab
Median PFS: 15.2 months
TREATMENT OF ADVANCED STAGE HCC
STUDY NAME
TREATMENT
MEDIAN OS, MONTHS (HR 95% CI)
MEDIAN PFS, MONTHS (HR 95% CI)
ORR mRECIST/RECIST
First-line therapies
IMbrave150
Atezolizumab + bevacizumab
19.2 vs 13.5 (HR 0.66, 0.452–0.85)
6.9 (HR 0.65, 0.53–0.81)
35.4%/29.8%
HIMALAYA
Durvalumab + tremelimumab
16.4 (HR 0.78, 0.65–0.93)
3.7 (HR 0.90, 0.77–1.05)
NA/20%
PART 4
Oncology and Hematology
SHARP
Sorafenib
10.7 (HR 0.69, 0.55–0.87)
10.7 (HR 0.69, 0.55–0.87)
NA/2%
REFLECT
Lenvatinib
13.6 (HR 0.92, 0.79–1.06)
7.4 (HR 0.66, 0.57–0.77)
24.1%/18.8%
Second-line therapies
RESORCE
Regorafenib
10.6 (HR 0.63, 0.5–0.79)
3.1 (HR 0.46, 0.37–0.56)
11%/7%
CELESTIAL
Cabozantinib
10.2 (HR 0.76, 0.63–0.92)
5.2 (HR 0.44, 0.36–0.52)
NA/4%
REACH-2
Ramucirumab
8.5 (HR 0.71, 0.53–0.95)
2.8 (HR 0.45, 0.34–0.6)
NA/5%
Abbreviations: CI, confidence interval; EHS, extrahepatic spread; HCC, hepatocellular carcinoma; HR, hazard ratio; mRECIST, modified Response Evaluation Criteria in Solid 
Tumors; MVI, microvascular invasion; NA, not available; ORR, overall response rate; OS, overall survival; PFS, progression-free survival; RFA, radiofrequency ablation; TACE, 
transarterial chemoembolization.
has shown benefits in progression-free survival compared with TACE 
alone. Patients progressing on TACE or at advanced stage (stage C) 
benefit from systemic treatments. First-line therapy for advanced 
HCC includes atezolizumab plus bevacizumab or durvalumab plus 
tremelimumab. Both combinations were superior to sorafenib in phase 
3 trials. In patients with contraindications for immunotherapies, both 
sorafenib or lenvatinib are recommended Three additional targeted 
therapies have shown to improve survival compared to placebo in 
patients with HCC progressing on sorafenib: regorafenib, cabozantinib, 
and ramucirumab (only in patients with AFP >400 ng/mL). Therefore, 
these treatments have been adopted by guidelines and incorporated 
into the treatment algorithm. Patients with end-stage disease (BCLC D) 
should be considered for nutritional and psychological support and 
proper management of pain.
Although the BCLC establishes validated stages and treatment 
assignment according to evidence, clinical practice is not always 
aligned with this classification. In large cohort studies and surveys, only 
half of patients, or even less in Asia, are treated accordingly. Alterna­
tive staging or scoring systems have been proposed, such as the Hong 
Kong classification or the Japan Integrated Staging score. These systems 
capture extended indications for resection and TACE applied in clini­
cal practice in Asia. Finally, the tumor-node-metastasis (TNM) stag­
ing system is not used in HCC since it does not incorporate the main 
prognostic variables related to liver function and performance status.
Due to the complexities of HCC diagnosis and management, it is 
recommended to refer patients to centers with multidisciplinary liver 
cancer programs that include a hepatologist, oncologist, hepatobiliary 
and transplant surgeons, interventional and body imaging radiologist, 
hepatopathologist, and specialized nurses.
■
■SURGICAL THERAPIES
Resection 
Surgical resection is the first-line option for noncirrhotic 
patients with early-stage HCC (BCLC 0 or A) with solitary tumors 

5-year: 60–70%
(Fig. 87-3). In cirrhotic patients, ablation competes with resection for 
BCLC 0 tumors (<2 cm in diameter). Which is better is not defined. 
Cost-effectiveness approaches report a benefit for local ablation with 
RF. For single tumors >2 cm (BCLC A), resection remains the mainstay 
of treatment in patients with Child-Pugh A with normal bilirubin and 
absence of portal hypertension (no esophageal/gastric varices or platelet 
count >100,000/µL associated with splenomegaly). Anatomic resections 
following the functional segments of the liver are recommended to spare 
uninvolved liver parenchyma and to remove satellite tumors. Applying 
these criteria, resection is associated with perioperative decompensa­
tion rate of 5%, perioperative mortality of <1%, and 5-year survival 
of 60–70%, as opposed to ~35–55% for suboptimal candidates (Table 
87-2). Macrovascular invasion, extrahepatic involvement, and liver dys­
function (Child-Pugh B-C) are major contraindications for resection.
Adjuvant Treatments 
Tumor recurrence represents a major com­
plication of resection and local ablation (with 5-year rates of 50–70%). 
Predictors of recurrence are tumor size, tumor number, presence of 
microsatellites, or microvascular invasion at the specimen analysis. 
Most recurrences are intrahepatic metastases, but at least one-third are 
considered de novo tumors, new clones developing in the cirrhotic car­
cinogenic field. The type of recurrence can only be defined by molecu­
lar studies. An adjuvant regimen after resection or local ablation with 
atezolizumab plus bevacizumab for 12 months significantly improved 
recurrence-free survival in patients at high risk of recurrence and has 
been incorporated into the guidelines of practice.
Liver Transplantation 
Liver transplantation is the first treatment 
choice for cirrhotic patients with single tumors ≤5 cm and portal hyper­
tension (including Child-Pugh B and C) or with small multinodular 
tumors (three or fewer nodules, each ≤3 cm) (Fig. 87-3). These so-called 
Milan criteria have been validated over the years and lead to median sur­
vival times of 10 years. Perioperative mortality rates have been reduced 
to <3%. Transplantation simultaneously cures the tumor and the

underlying cirrhosis, and it is associated with a low risk of recurrence, 
around 10–15% at 5 years. No immunosuppressive regimens or antitu­
mor therapies after transplantation have demonstrated any preventive 
effect on recurrence. Milan criteria are integrated in the treatment strat­
egy (BCLC 0 and A) and have also been adopted by the United Network 
for Organ Sharing (UNOS) pretransplant staging for organ allocation in 
the United States (stage T2). Aside from size and number, conventional 
contraindications for organ transplantation procedures (e.g., ABO 
incompatibility, comorbidities) are applied in this setting.
Liver transplantation has a couple of important limitations, such as 
cost and donor availability, that limit this procedure to <5% of HCC 
cases worldwide. The scarcity of donors represents a major drawback 
of liver transplantation. Donor scarcity varies geographically, and 
deceased liver donation is almost zero in some Asian countries. Due to 
the shortage of donors, median waiting times in Western programs is 
~6–12 months, leading to 20% of candidates dropping off the list due to 
tumor progression before receiving the procedure. Neoadjuvant treat­
ments with locoregional therapies are recommended when the waiting 
time exceeds 6 months.
Expansion of Milan criteria by using locoregional therapies to effec­
tively downstage the tumor (i.e., UNOS-downstaging criteria) have 
reported good results. Since policies for enhancing organ donation 
have reached a ceiling during the past several years, alternatives to 
donation have emerged. Living donor liver transplantation represents 
a plausible alternative that accounts for ~5% of total transplantations 
performed globally. Outcomes reported are similar to those with 
deceased liver donors, and it is recommended as an alternative option 
in patients on a waiting list exceeding 6 months. The risks and ben­
efits of this procedure should take into account both donor (death is 
estimated in 0.3%) and recipient, a concept known as double equipoise. 
Due to the complexity of this treatment, it must be restricted to centers 
of excellence in hepatobiliary surgery and transplantation.
■
■LOCOREGIONAL THERAPIES
Local Ablation 
Thermal ablation with RF or microwave (MWA) 
is recommended as the primary ablative technique (Fig. 87-4). The 
Advanced stage HCC (BCLC C, portal invasion and/or extrahepatic spread) or
Intermediate stage HCC (BCLC B, multinodular) progressing upon/not candidates for
loco-regional therapies. Child-Pugh A, ECOG 0–1
Candidate for immunotherapy?
Yes
No (Autoimmune disorder,
Prior liver transplantation)
High risk of gastrointestinal/
esophageal bleeding
Yes
No
First/second
line
Atezolizumab + bevacizumab*
Tremelimumab + durvalumab
Sorafenib or Lenvatinib
PD
Second/third
line
Regorafenib/cabozantinib/ramucirumab
Nivolumab + ipilimumab
Pembrolizumab
FIGURE 87-4  Treatment strategy for advanced hepatocellular carcinoma with systemic therapies. Drugs in bold have positive results from phase 3 trials with regulatory 
approval (atezolizumab plus bevacizumab, durvalumab plus tremelimumab, sorafenib, lenvatinib, regorafenib, cabozantinib, and ramucirumab). Drugs in bold italic have 
received accelerated approval from the Food and Drug Administration on the basis of promising efficacy results in phase 2 trials in second line (pembrolizumab and 
nivolumab ipilimumab). Key details of the patient populations are provided. BCLC, Barcelona Clinic Liver Cancer (classification); ECOG, Eastern Cooperative Oncology Group; 
PD, progressive disease. (Modified from JM Llovet et al: Nat Rev Clin Oncol 15:599, 2018.)

energy generated by RF ablation (heating of tissue at 80°–100°C) 
induces coagulative necrosis of the tumor, producing a safety ring 
in the peritumoral tissue, which might eliminate small undetected 
satellites. Treatment consists of one or two sessions performed using 
a percutaneous approach, although in some instances, ablation with 
laparoscopy is needed. HCC patients treated by RF ablation have 
5-year survival rates of ~60% (Table 87-2). In tumors <2 cm, both RF 
and MWA ablation achieve complete responses in 90–100% of cases 
with good long-term outcome and compete with resection in terms of 
cost-effectiveness as a first-line option. For BCLC A cases, local abla­
tion techniques are considered in patients with three tumors <3 cm in 
diameter unsuitable for surgical therapies.

For patients with unresectable HCC >3 cm in diameter who are 
not candidates for liver transplantation, transarterial radioemboliza­
tion (TARE) with yttrium-90 and stereotactic body radiation (SBRT) 
are considered alternative options based on propensity-matched score 
studies and phase 2 investigations.
Chemoembolization 
TACE is the most widely used primary 
treatment for unresectable HCC worldwide and the first-line indica­
tion for patients with intermediate BCLC B stage (Fig. 87-3). Conven­
tional chemoembolization (c-TACE) consists of local hepatic artery 
administration of chemotherapy (either doxorubicin 50 mg/m2 or 
cisplatin) mixed with an emulsion of lipiodol followed by obstruction 
of the feeding artery with sponge particles. The best randomized phase 
3 investigations have provided median survivals for TACE of 20–30 
months in properly selected populations (compared to 16 months for 
pooled control arms). Median objective response rates are 50–70%. 
In randomized studies, the treatment is either performed at a regular 
schedule of 0, 2, and 6 months (median number of sessions is three) 
or on demand according to tumor response. TACE procedures should 
be stopped upon tumor progression or any other contraindication. 
Around 50% of patients present with a limited postembolization 
syndrome of fever and abdominal pain related to ischemic injury 
and release of cytokines. Less than 5% of patients have major com­
plications (liver abscess, ischemic cholecystitis, or liver failure), and 
CHAPTER 87
Tumors of the Liver and Biliary Tree

in <2% of cases, treatment-related death occurs. Drug-eluting bead 
chemoembolization (DEB-TACE) differs from c-TACE in the use of 
more standardized embolic spheres of regular size embedded with 
chemotherapy. This strategy achieves similar antitumor activity (objec­
tive responses of ~60%) as c-TACE and is associated with significantly 
fewer systemic toxic effects and better patient tolerance, but there are 
no clear differences in clinical outcomes.

Overall, TACE can only be applied to 50% of patients at intermediate 
stage, mostly as a result of the presence of liver failure (Child B or asci­
tes or encephalopathy), technical contraindications to the procedure 
(i.e., impaired portal vein blood flow), or infiltrative/massive tumor 
burden (i.e., generally main tumor size >10 cm). Super-selective TACE 
minimizes the ischemic insult to nontumor tissue. According to guide­
lines, treatment stage migration allows performing TACE on patients 
at early stages not suitable for surgical or ablative therapies. TACE plus 
durvalumab plus bevacizumab significantly increases progression-free 
survival compared to TACE alone (median progression-free survival, 
15.2 vs 8 months) with manageable treatment-related adverse events.
Radioembolization and Other Intra-arterial Therapies 
Trans­
arterial radioembolization (TARE) using beads coated with yttrium-90 
(Y-90)—an isotope that emits short-range β radiation—is the most 
promising alternative to TACE. Several phase II studies reported 
objective responses and overall outcome with a safe profile similar to 
TACE, and thus TARE has been endorsed by clinical practice guide­
lines. Radioembolization requires prevention of severe lung shunting 
and intestinal radiation before the procedure. Around 20% of patients 
experience liver-related toxicity, and <2% experience treatment-related 
death. Due to the minimally embolic effect of Y-90 microspheres, 
treatment can be safely used in patients with portal vein thrombosis, 
a setting where survival results in phase II studies were encouraging.
PART 4
Oncology and Hematology
■
■SYSTEMIC THERAPIES
Approximately 50–60% of patients with HCC are currently exposed 
to systemic therapies during their life span, either because they have 
been diagnosed at advanced stages or because they have progressed 
after locoregional therapies. In 2007, a phase III trial demonstrated 
survival benefits for patients with advanced-stage disease treated 
with sorafenib, thus becoming the first systemic therapy for HCC. 
Subsequently atezolizumab plus bevacizumab and durvalumab plus 
tremelimumab have demonstrated survival superiority compared to 
sorafenib, whereas lenvatinib showed noninferior effects (Fig. 87-4). 
In Asia, other combinations (i.e., carmelizumab plus rivoceranib) 
also were superior versus sorafenib in terms of survival. Three addi­
tional therapies, regorafenib, cabozantinib, and ramucirumab (only in 
patients with AFP >400 ng/mL), have been shown to benefit patients 
progressing on sorafenib. Of note, classical chemotherapy and radio­
therapy have not resulted in benefits in survival. Similarly, due to the 
low prevalence of actionable molecular aberrations, precision oncology 
regimens are not yet available in HCC.
First-Line Therapies 
Atezolizumab (anti–PD-1 checkpoint 
inhibitor) plus bevacizumab (monoclonal antibody against VEGF-A) 
demonstrated survival differences compared to sorafenib (median OS, 
19.2 vs 13.4 months) and has become the standard of care in first-line 
treatment (Fig. 87-4, Table 87-2). This combination treatment resulted 
in improved progression-free survival, patient-reported outcomes 
reflecting quality of life, and objective response rates (30 vs 12% for 
sorafenib). The combination had fewer adverse events compared to 
sorafenib (grade 3-4 adverse events, 36 vs 50%, respectively). The most 
common side effects associated with the combination are hyperten­
sion, proteinuria, and low-grade diarrhea, whereas autoimmune events 
are infrequent and manageable. Treatment-related adverse event rate 
leading to discontinuation of any drugs is 15%. Screening for varices 
with upper gastrointestinal endoscopies has become standard before 
first-line therapy in advanced HCC to mitigate the risk of bleeding 
associated with bevacizumab. In cases with varices, the use of one ses­
sion of banding or carvedilol is recommended.
The combination of tremelimumab (a CTLA-4 inhibitor) and dur­
valumab (a PD-L1 inhibitor) (STRIDE regimen) has demonstrated a 

survival advantage versus sorafenib (median OS, 16.4 vs 13.7 months 
for sorafenib). No differences were identified regarding progressionfree survival, and the response rate was 20.1% with the combination 
versus 5.1% with sorafenib. This regimen can be administered even 
in patients with portal hypertension or varices. STRIDE was associ­
ated with more immune-related adverse events, and 20% of patients 
required glucocorticoid treatments (Fig. 87-4).
Alternatively, sorafenib or lenvatinib is indicated for patients with 
advanced HCC with contraindications for immunotherapies (i.e., due 
to autoimmune disease or liver transplantation) (Fig. 87-4, Table 87-2). 
A phase 3 study comparing sorafenib (a multikinase inhibitor) versus 
placebo showed increased survival from 7.9 months to 10.7 months 
(hazard ratio [HR], 0.69; 31% reduction in risk of death). Patients 
with HCV-related HCC achieve significantly better outcomes with 
sorafenib, with a median survival of 14 months. Median treatment 
duration is about 6 months. Treatment is associated with manageable 
adverse events, such as diarrhea, hand-foot skin reactions, fatigue, and 
hypertension. These toxicities lead to treatment discontinuation in 
15% of patients and dose reduction in up to half. It has been estimated 
that this therapy cannot be administered to approximately one-third 
of the targeted patients due to toxicity, advanced age, or liver failure 
(ascites or encephalopathy). Active vascular disease, either coronary 
or peripheral, is considered a formal contraindication. Median time to 
progression on sorafenib is 4–5 months in phase 3 trials.
Another alternative to sorafenib is the multikinase inhibitor len­
vatinib, which was shown to be noninferior in a phase 3 investiga­
tion (Fig. 87-4). A phase 3 study comparing lenvatinib (an inhibitor 
of vascular endothelial growth factor receptor [VEGFR], fibroblast 
growth factor recepctor [FGFR], platelet-derived growth factor recep­
tor [PDGFR], RET, and c-Kit) with sorafenib showed noninferiority 
of results in terms of OS (13.6 vs 12.3 months; HR, 0.92). Lenvatinib 
induces objective responses in 24% of cases. The main side effects 
are hypertension, proteinuria, asthenia, diarrhea, and weight loss. 
This treatment is associated with a 55% rate of grade 3-4 drug-related 
adverse events, resulting in a ~15% withdrawal rate.
Second-Line Therapies 
Three drugs (regorafenib, cabozantinib, 
and ramucirumab) have shown survival benefits versus placebo in 
patients progressing to sorafenib, and two additional treatments have 
been approved by the U.S. Food and Drug Administration (FDA) 
based on promising phase 2 data (pembrolizumab, and nivolumab 
plus ipilimumab) (Fig. 87-4). It is estimated that only half of patients 
progressing on sorafenib can be considered for second-line therapies, 
and their median survival with no treatment is 7–8 months (obtained 
from patients allocated to the placebo arm).
A phase 3 study comparing regorafenib (a more potent multikinase 
inhibitor than sorafenib, but targeting similar kinases) versus placebo 
in patients progressing to sorafenib reported an increase in survival 
from 7.8 to 10.6 months (HR, 0.62; 38% reduction in risk of death) 
(Fig. 87-5). Response rate was 10% based on modified Response 
Evaluation Criteria in Solid Tumors. Median time on treatment was 

3.5 months. Prevalence of toxicity (hand-foot reaction, fatigue, and 
hypertension) was higher compared with reported toxicity from 
sorafenib, but adverse events only led to treatment discontinuation 
in 10% of cases. Cabozantinib, a multikinase VEGFR inhibitor with 
activity against both AXL and cMET, improves survival compared to 
placebo after progression to sorafenib (10.2 months for cabozantinib 
vs 8.0 months in the placebo arm; HR, 0.76). Toxicity was manageable, 
with the most common grade 3–4 events being palmar-plantar erythro­
dysesthesia, hypertension, increased aspartate aminotransferase level, 
fatigue, and diarrhea. Ramucirumab, an anti–VEGFR-2 monoclonal 
antibody, is the only biomarker-guided therapy in HCC based on AFP 
levels. The randomized, placebo-controlled, phase 3 REACH-2 study 
studied patients with advanced HCC in second-line treatment with 
baseline AFP ≥400 ng/dL. This trial demonstrated positive survival 
results, and a further meta-analysis established a median survival for 
ramucirumab of 8.1 months compared to 5 months for patients receiv­
ing placebo. The most common grade 3–4 treatment-related adverse 
events were hypertension, hyponatremia, and increased aspartate

Mass-forming
Periductalinfiltrating
Left, right, common
hepatic ducts
Intraductalgrowing
FIGURE 87-5  Anatomical classification of cholangiocarcinoma. Cholangiocarcinoma is classified as intrahepatic 
(iCCA) and extrahepatic (eCCA). eCCA can be subclassified as perihilar (pCCA) and distal (dCCA). (Reproduced 
from JM Banales et al: Cholangiocarcinoma 2020: The next horizon in mechanisms and management. Nat Rev 
Gastroenterol Hepatol 17:557, 2020.)
aminotransferase. Patients progressing after second-line therapy might 
be considered for third-line approaches. Patients with tumors at a 
BCLC D stage should receive best supportive palliative care, including 
management of pain, nutrition, and psychological support.
CHOLANGIOCARCINOMA
Cholangiocarcinoma (CCA) is classified according to its anatomic 
location as intrahepatic (iCCA; ~20–30%), perihilar (pCCA; ~50–60%), 
and distal (dCCA: ~20–30%). The latter two are also known as extra­
hepatic cholangiocarcinomas (eCCA), with the second-order bile ducts 
acting as the separation point (Fig. 87-5). The three subtypes of CCA 
differ in their anatomic location, epidemiology and risk factors, cell 
of origin, pathogenesis, and treatment. iCCA originates from adult 
cholangiocytes, transdifferentiation of adult hepatocytes, and hepatic 
progenitor cell–cholangiocyte precursors (Fig. 87-6), as opposed to 
HCC, which originates only from hepatic progenitor cells or adult 
hepatocytes. Mixed HCC-iCCA originates from hepatic progenitor 
cells, whereas eCCA arises from the biliary epithelium and peribiliary 
glands. Moreover, their mutational profile also differs. FGFR2 fusions 
and IDH1/2 mutations mostly occur in iCCA, whereas ERBB2/3 ampli­
fications and SMAD4 aberrations are characteristic of eCCA. iCCA 
has been recognized as a distinct entity with specific clinical practice 
guidelines, which should be tailored according to each biological/
anatomical subtype of CCA.
■
■EPIDEMIOLOGY, RISK FACTORS, AND 
MOLECULAR TRAITS
CCA is the second most common liver cancer following HCC, with 
a 5-year survival of 10%. iCCA has globally increasing incidence and 
mortality rates. The incidence of iCCA varies according to exposure to 
risk factors, ranging from 1–2 cases per 100,000 inhabitants in Europe 
and North America to the highest incidence in some areas of Southeast 
Asia, particularly in Thailand (>80 cases/100,000 inhabitants). The 
male-to-female ratio is 1.2:1. Only 30% of patients with CCA have 
a known risk factor. The classical risk factors for CCA development 
include primary sclerosing cholangitis (PSC), biliary duct cysts, hepa­
tolithiasis, and Caroli’s disease. Parasitic biliary infestation with flukes 
(most common are Opisthorchis viverrini and Clonorchis sinensis) is 
a prevalent etiology in Asia that can be prevented with an antihel­
minth therapy, praziquantel. PSC is a clear risk factor for iCCA and 
pCCA development, with a lifetime incidence ranging from 5 to 10%. 
Surveillance in PSC patients is recommended with annual imaging 

techniques and CA 19-9 serum determina­
tion. Common risk factors for HCC, such 
as HBV and HCV infection and cirrhosis, 
have been associated with iCCA develop­
ment. More recently, sweetened beverages 
were reported to constitute a risk factor in 
the development of eCCA and gallbladder 
carcinoma (GBC) in a population cohort 
study.

Bile
ductules
iCCA
(10–20%)
Segmental
ducts
Molecular Classification and Actionable 
Drivers 
A morphological and molecular 
classification subclassifies iCCA into the 
large duct type, which is associated with 
IDH (15–20%) and FGFR2 (15%) mutations 
and better prognosis, and the small duct 
type, which is associated with KRAS (15%) 
and SMARD4 (<5%) mutations and poor 
prognosis. Overall, up to 40% of iCCAs 
have a targetable mutation. Similarly, a 
molecular classification of eCCA has been 
proposed, dividing tumors into four cat­
egories (metabolic, proliferation, mesen­
chymal, and immune) based on molecular 
traits. It has been suggested that the prolif­
eration class with enrichment of ERBB2/3 
mutations might respond to monoclonal 
antibodies against this receptor, while the immune class might respond 
to checkpoint inhibitors, a fact that needs clinical confirmation. The 
most common mutations of pCCA/dCCA are P53 (~30%) and KRAS 
(~25%), whereas ERBB2 amplifications (~20%) are common in gall­
bladder cancer.
pCCA
(50–60%)
Common
bile duct
dCCA
(20–30%)
CHAPTER 87
Tumors of the Liver and Biliary Tree 
■
■INTRAHEPATIC CHOLANGIOCARCINOMA
Surveillance, Diagnosis, and Staging 
Guidelines currently 
only recommend surveillance for early diagnosis in the following atrisk subpopulations: (1) patients with primary biliary sclerosis (PBS; 
surveillance is recommended with CA 19-9 and magnetic resonance 
cholangiopancreatography [MRCP] every 12 months) and (2) patients 
with cirrhosis or those infected with liver flukes (surveillance is rec­
ommended with abdominal ultrasound every 6 months). Otherwise, 
incidental diagnosis occurs due to cross-sectional imaging performed 
for other reasons. In most cases, iCCA is diagnosed at advanced stages 
when symptoms such as weight loss, malaise, abdominal discomfort, 
or jaundice are present. Diagnosis of iCCA requires pathological con­
firmation. Differential diagnosis should be established with metastatic 
adenocarcinoma (i.e., colorectal, breast, and lung cancer) and mixed 
iCCA-HCC tumors. Immunohistochemistry using K7, K19, and K20 
is useful to confirm iCCA and to distinguish it from metastatic liver 
cancer. Hepatocytic markers such as Hep-Par-1, GPC3, and HSP70 
may aid in pointing to a mixed HCC-iCCA tumor. Current guidelines 
recommend the use of abdominal MRI, chest and abdomen CT scan, 
and PET scan for establishing the disease extension once the pathologi­
cal diagnosis has been confirmed. Meta-analysis has defined a role for 
PET scanning in identifying lymph node metastasis in patients with 
no apparent lymph node invasion with MRI and/or CT scan. Lymph 
node sampling by endoscopic ultrasound with fine-needle aspiration 
would be considered before resection in selected unclear cases. Tumor 
biomarker CA 19-9 at a cutoff level of 100 U/mL has prognostic sig­
nificance but lacks accuracy (sensitivity and specificity of ~60%) for 
early diagnosis.
■
■TREATMENT
The European Association for the Study of Liver Disease–International 
Liver Cancer Association (ILCA) guidelines for management of iCCA 
proposed an updated treatment algorithm, which has been adapted to 
the current accepted treatment modalities (Fig. 87-7). iCCA can be 
classified as early, intermediate, or advanced cases according to size of 
the nodules and invasion of lymph nodes (N1), metastasis, and ECOG

Hepatic progenitor cell
Progenitor-like
HCC
Progenitor-like
iCCA
Hepatocyte
precursor
Cholangiocyte
precursor
De-differentiation
Mixed
HCC-iCCA
Biliary-like cell
Mature
hepatocyte
Transdifferentiation
PART 4
Oncology and Hematology
HCC
iCCA
FIGURE 87-6  Cell of origin of liver cancer. Hepatocellular carcinoma (HCC) and intrahepatic cholangiocarcinoma (iCCA) can develop from the neoplastic transformation 
of mature hepatocytes and cholangiocytes, respectively. There is evidence showing that hepatic progenitor cells (HPCs), their intermediate states, or dedifferentiated 
hepatocytes can originate liver cancers with progenitor-like features, including mixed HCC-CCA (e.g., cholangiolocellular carcinoma [CLC]). Mature hepatocytes can be 
also reprogrammed into cells that closely resemble biliary epithelial cells and induce the onset of iCCA. (Printed with permission from © Mount Sinai Health System.)
performance status and liver dysfunction. Approximately 30–40% of 
iCCA cases are deemed resectable, and the median reported survival 
for single tumors is ~40–50 months, whereas survival decreases 
to ~20 months in intermediate/multinodular resectable tumors. The 
main predictors of recurrence (~50–60% at 3 years) and survival 
are identified at the pathological examination, including presence of 
vascular invasion, lymph node metastases, and poor differentiation 
degree. In terms of adjuvant therapy, a phase 3 trial (BILCAP trial) 
including all types of CCA in a prespecified per-protocol analysis 
reported improved survival (53 vs 36 months; adjusted HR, 0.75). 
Based on this trial, American Society of Clinical Oncology guidelines 
recommend adjuvant capecitabine for a period of 6 months. A small 
proportion of patients with early/intermediate tumors can have contra­
indications for resection, particularly in cirrhotic patients, and should 
be first considered for local ablation or even liver transplantation if the 
diameter of the main tumor is <2 cm.
Nonsurgical candidates have a dismal life expectancy. Overall, 
patients with multinodular unresectable tumors might be considered 
for locoregional therapies, such as chemoembolization or radioembo­
lization, but the level of evidence is low and mostly based on cohort 
studies. A meta-analysis of 14 trials testing locoregional therapies 
reported median survival times of 15 months. External-beam radiation 
therapy is not recommended as standard therapy. At more advanced 
stages in patients with ECOG of 0–1, systemic chemotherapy with 
the combination of gemcitabine, cisplatin, and durvalumab showed 
significantly better survival and progression-free survival compared 
with gemcitabine plus cisplatin alone (12.8 vs 11.5 months) in the 
setting of the TOPAZ1 phase 3 trial including 685 patients. Objective 
response was 27%. Similar results were obtained with the combination 

De-differentiation?
CLC
Mature
cholangiocyte
Tumor type
HCC
iCCA
Mixed HCC-iCCA
of chemotherapy with pembrolizumab versus chemotherapy alone in a 
phase 3 trial including 1069 patients. The median OS was 12.7 months 
in the pembrolizumab group and 10.9 months in the placebo group 
(HR, 0.83; 95% CI, 0.72–0.95; one-sided p = .0034). Therefore, triplet 
therapy is now considered the standard for the management of CCA. 
In the second-line setting, a phase 3 study that randomized patients 
who had progressed on cisplatin and gemcitabine to mFOLFOX 
(leucovorin, fluorouracil, and oxaliplatin) versus best supportive care 
showed improvement in median OS of 5.3 to 6.2 months (adjusted 
HR, 0.69). In addition, three molecular and immune therapies have 
been approved in the second-line setting in iCCA patients with IDH1/2 
mutations, FGFR2 aberrations, or deficient mismatch repair (dMMR) 
or microsatellite instability high (MSI-H). A phase 3 trial compared 
ivosidenib, an IDH-1 inhibitor, versus placebo in the second-line set­
ting and demonstrated an improved primary end point of progressionfree survival (2.7 vs 1.4 months; HR, 0.37) and improved OS in an 
adjusted analysis. A single-arm phase 2 study assessing pemigatinib 
(FGFR2 inhibitor) in iCCA patients with FGFR2 fusions showed a 
median survival of 21 months with an objective response of 35%, lead­
ing to FDA accelerated approval. Similar results have been observed in 
phase 3 trials testing other FGFR2 inhibitors, such as infigratinib and 
futibatinib. Finally, regulatory agencies granted approval of pembroli­
zumab for MSI-H or dMMR solid tumors that progressed following 
prior treatment based on a basket tissue-agnostic trial. This recom­
mendation excludes patients receiving durvalumab in first line.
Mixed HCC-iCCA is a rare neoplasm accounting for <0.5% of all 
primary liver cancers. Diagnosis is based on pathology. The 2010 
World Health Organization classification defined two subtypes: the 
classical type and the stem cell feature type. Molecular data have also

Intrahepatic cholangiocarcinoma (iCCA)
Advanced, metastatic disease
(Periductal invasion, N1, M1)
Early and intermediate stages
Resectable (30–40%)
Intrahepatic
Disease only
Single iCCA ≤2 cm
in cirrhotic patient
Extrahepatic Disease
Local-ablation 
(or Liver
Transplantation) 
Surgical resection
(curative intent)
Adjuvant chemotherapy
(capecitabine/6 mo)
Median survival: 43 mo
Median survival: 15 mo
*Treatments used as standard of practice. No enough evidence for standard of care.
**Patients with ECOG > 2 or liver dysfunction are only suitable for best supportive care.
FIGURE 87-7  Staging and treatment schedule for intrahepatic cholangiocarcinoma (iCCA). (Modified from EASL-ILCA Guidelines. J Hepatol 79:181, 2023.)
characterized a third unique entity, cholangiolocellular carcinoma, 
with distinct molecular traits and better outcome. Due to their low 
incidence, the demographic features and clinical behavior of these 
tumors remain ill-defined. Survival and management are similar to 
iCCA.
■
■EXTRAHEPATIC CHOLANGIOCARCINOMA
Perihilar and Distal Cholangiocarcinoma 
pCCA tumors arise 
between the second-order bile ducts up to the insertion of the cystic 
duct, whereas dCCAs arise from this point to the ampulla of Vater 
(Fig. 87-5). Thus, dCCA can be difficult to distinguish from early pan­
creatic cancer. Both entities have a similar diagnostic approach. Acute 
onset of painless jaundice occurs in 90% of patients with pCCA, and 
10% of patients present with cholangitis. Primary biliary cholangitis 
with a cutoff for CA 19-9 >129 U/mL is suspicious for CCA. Imag­
ing assessment starts with CT and MRI; they have a good sensitivity 
and specificity (>85%) for detecting the degree of bile duct involve­
ment and hepatic and portal vein invasion. MRI cholangiography is 
optimal for defining the extent of the bile duct lesion. Ruling out IgG4 
cholangiopathy by assessing serum IgG4 is mandatory. As a second 
step, endoscopic retrograde cholangiography with brushing to explore 
cytology and fluorescence in situ hybridization (FISH)—for exploring 
polysomy—are recommended. FISH enhances the sensitivity of cytol­
ogy from 20 to ~40%.
Diagnosis is based on pathology. The treatment algorithm for 
pCCA indicates that in cases of a dominant stricture with positive 
cytology/biopsy or polysomy, a lymph node biopsy through endo­
scopic ultrasound should be obtained. pCCA with negative lymph node 
involvement is best treated by surgery, resection, or transplantation, 

Unresectable (60–70%)
Local-regional 
therapy*
Chemoemboliation (TACE)
Radioembolization (TARE)
1st line**: 
Gemcitabine+ cisplatin+
(durvalumab or pembrolizumab)
CHAPTER 87
2nd line
FOLFOX
FGFR2 inhibitor (pemigatinib)
IDH inhibitor (ivosidenib)
Checkpoint inhibitor for MSI-H/dMMR 
Tumors of the Liver and Biliary Tree 
Median survival:
1st line : ~13 mo
2nd line : 6–12 mo
the sole curative options. Staging laparoscopy is recommended to 
exclude metastatic disease prior to surgery, which occurs in 15% of 
cases. Resection entails hepatic and bile duct removal and Roux-enY hepaticojejunostomy with regional lymphadenectomy. Bilobular 
involvement is considered a surgical contraindication. Perioperative 
mortality rate is up to 10%, mostly as a result of liver failure. In a few 
referral centers, unresectable single pCCAs <3 cm without dissemi­
nation can be considered for liver transplantation with neoadjuvant 
chemoradiation. This procedure is associated with 5-year survival rates 
of ~70%. If lymph node involvement is present, systemic chemotherapy 
can be considered along with biliary tract stenting. Surgical resection 
(Whipple procedure) is the primary option for management of dCCA, 
a procedure that achieves a median survival of 24 months and 5-year 
survival rates of ~25%. Main contraindications for resection are pres­
ence of distant lymph node involvement, metastases, or major vascular 
invasion. At the pathological examination, perineural invasion, lymph 
node metastasis, R0 resection (absence of residual tumor at pathologi­
cal examination), and tumor differentiation are predictors of survival. 
Adjuvant therapy with capecitabine for 6 months is accepted based on 
the BILCAP study, which has been previously discussed. For advanced 
cases, consensus statements endorse first-line (gemcitabine and cis­
platin plus durvalumab or pembrolizumab) and second-line therapies 
(FOLFOX) similar to those for iCCA. No molecular targeted therapies 
are available for these entities.
■
■GALLBLADDER CANCER
Gallbladder cancer is the most common cancer of the biliary tract 
worldwide. The estimated number of cases of gallbladder cancer in the 
United States in 2016 was 11,400, more than CCA. The female-to-male

ratio is 3:1. Cholelithiasis is the major risk factor, but <1% of patients 
with cholelithiasis develop this cancer. Gallbladder polyps at risk of 
transformation are those ≥10 mm in diameter. Early cases are discov­
ered incidentally at routine cholecystectomy. Clinical symptoms, such 
as jaundice, pain, and weight loss, are associated with advanced stages. 
Staging of gallbladder cancer involves local disease (tumor confined to 
the gallbladder) and advanced disease (tumor outside gallbladder with 
lymph node or distant metastases). The most accurate technique to 
define staging and vascular and biliary tract invasion is the magnetic 
resonance cholangiopancreatography. CT and PET scan can also be 
useful for preoperative staging.

The mainstay of treatment is surgical resection, either simple or 
radical cholecystectomy (partial hepatectomy and regional lymph node 
dissection) for local disease. Only ~20% of patients are candidates for 
surgery with curative intent, and 5-year survival rates range from 60 
to 90% depending on prognostic factors such as lymph node or tumor 
invasion beyond muscular layer. Adjuvant therapy with capecitabine is 
recommended in R0 cases. Gallbladder cancers at advanced stage are 
considered unresectable. For patients with ECOG of 0–1, chemother­
apy with gemcitabine, cisplatin, and durvalumab is the standard of care 
based on the TOPAZ 1 phase 3 trial that included 171 patients with 
gallbladder cancer (25%). Overall, median survival is 10–12 months in 
advanced cases. Second-line therapy includes FOLFOX chemotherapy. 
Percutaneous transhepatic drainage is indicated in case of biliary 
obstruction. Radiotherapy is not effective.
PART 4
Oncology and Hematology
■
■OTHER MALIGNANT LIVER TUMORS
Fibrolamellar Hepatocellular Carcinoma 
Fibrolamellar hepa­
tocellular carcinoma (FLC) is a rare form of primary liver cancer that 
typically affects children and young adults (10–30 years of age) with­
out background liver disease. FLC accounts for 0.85% of all primary 
hepatic malignancies in the United States, and its incidence rate is 0.02 
cases per 100,000 inhabitants. FLC is considered a unique entity with 
a specific fusion oncogene PRKACA-DNAJB1 present in 80–100% of 
cases. Few additional mutations have been described in <10% of cases. 
FLC has a better prognosis than HCC, probably due to the absence 
of cirrhosis and the earlier age of presentation. Surgical resection is 
the mainstay of treatment, and indications are less restrictive than 
for HCC. A retrospective series of 575 FLC cases reported a median 
survival of 70 months after resection. At advanced stages, the expected 
outcome is <20 months. There is no standard systemic therapy, and 
clinical trials are focused on targeting the fusion protein with kinase 
inhibitors or immunomodulatory agents.
Hepatoblastoma 
Hepatoblastoma (HB) is the most frequent pri­
mary liver tumor in children. The incidence of the disease is 1.5 cases 
per 1,000,000, and onset of the disease occurs before the age of 3 years. 
Background liver disease is rare in these patients. WNT signaling plays 
a major role, with CTNNB1 mutations (70%) as the most frequently 
reported molecular event. Overexpression of IGF2 and genes in the 
14q32 DLK1/DIO3 locus is also very prevalent. At diagnosis, ~30% 
of patients are amenable to surgery. Resection followed by chemo­
therapy with doxorubicin/cisplatin is the mainstay treatment strategy. 
Among the remaining 70% of patients, neoadjuvant chemotherapy 
achieved response in >90% of cases and enabled resection with good 
clinical outcomes. A study including 1605 patients randomized in eight 
clinical trials reported better outcome for patients with stage I–II of the 
PRETEXT (Pretreatment Extent of Tumor) classification (out of four 
stages), age <3 years, AFP >1000 ng/mL, and absence of metastases. 
As opposed to HCC, low AFP <100 ng/mL indicates poor prognosis. 
Overall, 5-year survival is 70% (ranging from 50 to 90% depending on 
PRETEXT stage).
BENIGN LIVER TUMORS
The most common benign liver tumors are hemangiomas, focal nodu­
lar hyperplasia (FNH), and hepatocellular adenomas (HCA). Most 
benign tumors are identified incidentally by abdominal ultrasound 

or other imaging techniques. Hemangiomas are present in ~5% of the 
general population and are diagnosed by ultrasound except in cirrhotic 
patients or oncology patients, in whom contrast-enhanced imaging 
(contrast-enhanced ultrasound, CT, or MRI) is required. Conserva­
tive management is appropriate, and follow-up is not recommended. 
Exceptionally, growing lesions causing symptoms by compression can 
be considered for resection. FNH is a benign tumor present in <2% 
of the population and occurring mostly in females aged 40–50 years. 
FNH is a polyclonal hepatocellular proliferation due to an arterial mal­
formation. MRI has the highest diagnostic accuracy with a specificity 
of 100%, when typical imaging features are present (homogeneous 
enhancement in the arterial phase with a central scar). Atypical FNH 
requires biopsy for diagnosis. Treatment is not recommended because 
these tumors do not degenerate or cause complications. In exceptional 
cases of expanding symptomatic lesions, surgery is the treatment of 
choice.
Hepatic adenomas are clonal benign proliferations resulting from 
single-gene driver mutations. HCAs have a low prevalence of 0.001% 
of the population and are frequently diagnosed in women aged 35–40 
years. The female-to-male ratio is 10:1, and the main risk factors are 
oral contraceptives in females and use of anabolic androgenic steroids 
in male body builders. HCAs have the potential for hemorrhage and 
HCC development, particularly when >5 cm. Nowadays, there is a 
clear understanding of the molecular classification of HCA in subtypes 
defined by CTNNB1 mutations (10–20%), HNF1A inactivation, and 
activation of inflammatory pathways (50–60%) or Hedgehog signaling 
pathway. Diagnosis is based on MRI, which is able to correlate with 
molecular subtypes in 80% of cases (inflammatory and HNF-1A type). 
For defining HCA with CTNNB1 mutations, biopsy is required. Upon 
diagnosis, discontinuation of oral contraceptives and weight loss are 
recommended. Resection is indicated in all cases >5 cm, in men, or 
with CTNNB1 mutation. For HCA <5 cm, 1-year follow-up is recom­
mended. In case of active HCA bleeding, embolization followed by 
resection is the treatment of choice. The presence of multiple HCAs 
is common, and guidelines endorse treating them based on the size of 
the main nodule.
■
■FURTHER READING
EASL-EORTC Clinical Practice Guidelines: Management of 
hepatocellular carcinoma. J Hepatol 69:182, 2018.
EASL-ILCA Clinical Practice Guidelines on the management of intra­
hepatic cholangiocarcinoma. J Hepatol 79:181, 2023.
Finn RS et al: Atezolizumab plus bevacizumab in unresectable hepato­
cellular carcinoma. N Engl J Med 382:1894, 2020.
Haber PK et al: Evidence-based management of hepatocellular carci­
noma: Systematic review and meta-analysis of randomized controlled 
trials (2002-2020). Gastroenterology 161:879, 2021.
Ilyas SI: Cholangiocarcinoma: novel biological insights and therapeu­
tic strategies. Nat Rev Clin Oncol 20:470, 2023.
Llovet JM et al: Hepatocellular carcinoma. Nat Rev Dis Primers 
21;7:6, 2021.
Llovet JM et al: Locoregional therapies in the era of molecular and 
immune treatments for hepatocellular carcinoma Nat Rev Gastroen­
terol Hepatol 18:293, 2021.
Llovet JM et al: Immunotherapies for hepatocellular carcinoma. Nat 
Rev Clin Oncol 19:151, 2022.
Llovet JM et al: Molecular pathogenesis and systemic therapies for 
hepatocellular carcinoma. Nat Cancer 3:386, 2022.
Oh DY et al: Durvalumab plus gemcitabine and cisplatin in advanced 
biliary tract cancer. NEJM Evid 1:2022.
Singal AG et al: AASLD Practice Guidance on prevention, diagnosis, 
and treatment of hepatocellular carcinoma. Hepatology 78:1922, 
2023.
Villanueva A: Hepatocellular carcinoma. N Engl J Med 380:1450, 
2019.