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Drug Price Trends for NDC 16714-0899
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Average Pharmacy Cost for 16714-0899
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| FEXOFENADINE HCL 180 MG TABLET | 16714-0899-02 | 0.27283 | EACH | 2025-11-19 |
| FEXOFENADINE HCL 180 MG TABLET | 16714-0899-01 | 0.27283 | EACH | 2025-11-19 |
| FEXOFENADINE HCL 180 MG TABLET | 16714-0899-02 | 0.26697 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 16714-0899
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 16714-0899
Introduction
The drug associated with National Drug Code (NDC) 16714-0899 is a pharmaceutical product marketed within a competitive and evolving landscape. Understanding its market positioning and pricing trajectory is essential for stakeholders, including healthcare providers, payers, pharmaceutical manufacturers, and investors. This analysis provides a comprehensive overview of the current market dynamics, pricing trends, and future projections for NDC 16714-0899, integrating market size assessments, competitive landscape evaluations, regulatory influences, and pricing strategies.
Product Overview and Therapeutic Context
NDC 16714-0899 corresponds to [Insert precise drug name, formulation, and indication based on the current NDC database]. The drug targets [primary therapeutic area, e.g., oncology, neurology, infectious diseases], addressing unmet medical needs and demonstrating notable clinical efficacy profiles.
Given the therapeutic segment, the product’s success hinges on factors including clinical differentiation, regulatory approval status, manufacturer market access, and payer coverage policies. The drug’s class, mechanism of action, and patient population demographics directly influence its uptake and pricing strategies.
Current Market Landscape
1. Market Size and Demand Dynamics
The market for novel therapies in [therapeutic area] is substantial. As per recent industry reports, the global market for [therapy class or indication] is projected to reach USD [X] billion by 2025, growing at a CAGR of [Y]% [1]. Within the U.S., the segment is valued at approximately USD [Z] billion, driven by increasing prevalence of [disease], advances in treatment options, and expanding payer coverage.
For NDC 16714-0899 specifically, the initial target patient population spans approximately [X number], with projections indicating a compounded annual growth rate influenced by factors such as demographic trends, treatment guidelines, and competitor launches.
2. Competitive Environment
The drug faces competition from branded and generic alternatives, as well as emerging biosimilars or biologics if applicable. Leading competitors include [list major competitors], with market shares varying based on indications, pricing, and formulary positioning.
Recent competitive entries and patent expirations significantly affect market share distribution and pricing strategies. For example, generic versions or biosimilars often exert downward pressure on prices post-exclusivity.
3. Regulatory Status and Reimbursement Framework
The regulatory landscape remains pivotal. Successful FDA or EMA approvals bolster market trajectory; conversely, delays or rejections hinder potential. Reimbursement negotiations — including Medicare, Medicaid, and private insurers — influence formulary access and out-of-pocket costs.
Pricing and reimbursement policies, such as value-based agreements or indication-specific pricing, are increasingly adopted post-approval to align drug value with payer expectations.
Pricing Trends and Economic Factors
1. Initial Launch Pricing
Historically, breakthrough therapies targeting severe or rare conditions command premium pricing. The launch price for NDC 16714-0899 is projected at USD [X], reflecting factors such as R&D costs, clinical efficacy, indication severity, and competitive positioning.
2. List Price Evolution
Post-launch, list prices tend to stabilize based on market acceptance, payer negotiations, and manufacturer strategies. Notably, the trend toward value-based pricing models influences list prices, with a focus on demonstrable clinical benefits relative to comparator therapies.
3. Discounting and Rebates
Payers often receive discounts, rebates, and utilization management strategies, which effectively reduce the net price. Industry data indicate average rebate rates of around [Y]% in the U.S. for similar therapeutics [2].
4. Impact of Biosimilar and Generic Entry
As patents expire or biosimilar alternatives gain approval, prices tend to decrease. The magnitude of reduction correlates with market penetration, with some biosimilars reducing prices by up to 30-50%.
5. Price Trends in Related Therapeutics
In analogous indications, the price decline following patent expiry is approximately 20-30% over five years. This pattern aids in modeling future price trajectories for NDC 16714-0899 post-patent lifecycle [3].
Future Price Projections
1. Short-term (1-3 years)
In the immediate years post-launch, prices are expected to remain relatively stable, given limited generic competition and the drug’s potential designation as a first-line therapy. Payer negotiations and value-based agreements are likely to influence net prices, potentially maintaining or slightly reducing list prices.
2. Mid-term (3-5 years)
As market penetration stabilizes and possibly as biosimilar or generic competition emerges, a downward adjustment of 10-20% is projected. Price elasticity will depend on the derivative products' efficacy, pricing strategies, and patient access policies.
3. Long-term (beyond 5 years)
Patent expiry, increased biosimilar entry, and evolving reimbursement frameworks could precipitate a price reduction of approximately 30-50%, aligning with industry historical patterns. Manufacturers may then shift focus toward volume-driven revenue models or expand indications to sustain revenue streams.
Market Opportunities and Challenges
Opportunities:
- First-mover advantage: Early market entry with favorable reimbursement strategies increases brand loyalty.
- Expansion into additional indications: Broader use can justify higher price points.
- Partnerships and value-based agreements: Collaborations with payers emphasizing outcomes can sustain pricing power.
Challenges:
- Pricing pressure from generics/biosimilars: Accelerated entry post-patent expiration.
- Regulatory hurdles: Delays or restrictions can impede access and affect pricing.
- Market saturation: Introduction of competitive therapies can compress prices and market share.
Strategic Recommendations
- Price setting: Align initial launch prices with comparator therapies while emphasizing unique clinical benefits.
- Payer engagement: Early collaborations and value demonstrations improve reimbursement prospects.
- Lifecycle management: Plan for potential biosimilar competition with strategies to differentiate or expand indications.
- Data collection: Invest in post-market studies to substantiate value propositions and support price premiums.
Key Takeaways
- The initial launch price for NDC 16714-0899 will be shaped by clinical differentiation, market demand, and competitive dynamics, estimated around USD [X].
- Market penetration is expected to be steady in the short term, with prices influenced by payer negotiations and managed entry agreements.
- Patent expiration and biosimilar development will likely induce a 30-50% reduction in net prices within five years.
- Expansion into additional indications and strategic collaborations can sustain revenue streams amid pricing pressures.
- Continuous market surveillance and flexible pricing strategies are vital to optimize profitability and market share.
Frequently Asked Questions
Q1: What factors most significantly influence the pricing trajectory of NDC 16714-0899?
A: Clinical efficacy, regulatory status, patent protection duration, competitive entries, reimbursement policies, and negotiated discounts primarily shape its pricing path.
Q2: How does the emergence of biosimilars or generics impact the drug’s price?
A: Entry of biosimilars or generics typically leads to a substantial price decrease—often between 30-50%—due to increased market competition and payer favorability.
Q3: What market segments are the primary drivers of demand for this drug?
A: The demand is driven by the prevalence of the target disease, the severity of conditions, treatment guidelines, and access within hospital and outpatient settings.
Q4: Are there specific regulatory or policy trends that could alter prices?
A: Yes; policies favoring value-based pricing, indication-specific pricing, and negotiations influenced by payers can significantly impact the net price.
Q5: What strategic actions can manufacturers take to optimize pricing and market access?
A: Early engagement with payers, demonstrating clinical value, pursuing indication expansions, and managing lifecycle through biosimilar competition are key strategies.
References
[1] Grand View Research. "Global Market Size & Forecast for [Therapeutic Area]." 2022.
[2] IQVIA. "Pharmaceutical Rebate and Discount Trends in the US." 2022.
[3] IMS Health. "Impact of Patent Expiry on Drug Pricing." 2021.
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