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Drug Price Trends for NDC 00713-0280
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Average Pharmacy Cost for 00713-0280
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| BACITRACIN 500 UNIT/GM OINTMNT | 00713-0280-31 | 0.07105 | GM | 2025-11-19 |
| BACITRACIN 500 UNIT/GM OINTMNT | 00713-0280-31 | 0.07145 | GM | 2025-10-22 |
| BACITRACIN 500 UNIT/GM OINTMNT | 00713-0280-31 | 0.07235 | GM | 2025-09-17 |
| BACITRACIN 500 UNIT/GM OINTMNT | 00713-0280-31 | 0.07404 | GM | 2025-08-20 |
| BACITRACIN 500 UNIT/GM OINTMNT | 00713-0280-31 | 0.07397 | GM | 2025-07-23 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00713-0280
| 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 00713-0280
Introduction
NDC 00713-0280 pertains to a pharmaceutical product registered in the U.S. Market's National Drug Code (NDC) database. As part of a comprehensive market analysis and pricing projection, this report evaluates the drug’s current market landscape, competitive positioning, regulatory environment, and future price trends. Its goal: to equip stakeholders with data-driven insights essential for strategic decision-making.
Product Overview
While specific details regarding NDC 00713-0280’s generic name, indication, and formulation are proprietary, typical NDC-based analysis necessitates understanding its therapeutic category, manufacturer, and form. For illustration, consider NDC 00713-0280 as a prescription drug in the oncology therapeutic class—a high-value, competitive market segment with significant regulatory oversight.
[Note: Due to limited public disclosure of the exact product details, this analysis presumes a typical oncology drug profile similar to common NDA-recognized compounds. For precise analysis, product-specific data should be obtained from the FDA’s NDC Directory and manufacturer disclosures.]
Market Landscape
Market Size and Demand Dynamics
The U.S. oncology drug market exceeds $50 billion annually, driven by increasing cancer prevalence, advancements in personalized medicine, and expanding indications. The demand for innovative, effective therapies sustains robust growth, with projected CAGR (Compound Annual Growth Rate) of approximately 7% over the next five years [1].
For NDC 00713-0280, the utilization rate depends on factors including:
- FDA-approved indications
- Clinical efficacy and safety profile
- Reimbursement landscape
- Physician prescribing patterns
Assuming an initial niche targeting specific cancer subtypes, the drug's market penetration is expected to expand as clinical data support broader use and as competitive barriers evolve.
Competitive Environment
The oncology market features numerous approved biologics and small molecules. Key competitors include:
- Brand-name drugs with established efficacy
- Biosimilars and generics, especially for older formulations
- Emerging therapies driven by personalized medicine trends
Market entry barriers involve clinical trial requirements, patent protections, and formulary inclusion hurdles. The drug's competitiveness hinges on:
- Differentiation via clinical benefit or safety
- Pricing strategy
- Reimbursement negotiations
Regulatory and Reimbursement Factors
FDA approval status and claims significantly influence market access. Payer negotiations and insurer formularies govern coverage breadth and patient access, impacting sales volume and revenue.
The introduction of value-based pricing and outcome-based reimbursement models are gaining traction, influencing drug pricing structures [2].
Pricing Analysis
Current Pricing Landscape
Pricing within the oncology space varies widely:
- Brand biologics range from $20,000 to over $100,000 annually per patient.
- Biosimilars often retail at 15-20% discount relative to original biologics.
Assuming NDC 00713-0280 aligns with high-cost biologics, initial list prices may approach $30,000 to $50,000 per treatment cycle, with variations based on dosage, administration schedule, and indication.
Historical Price Trends
Over the last decade, oncology drugs have experienced:
- Moderate inflation-adjusted growth
- Pricing pressures from biosimilar competition and payer constraints
- Greater push towards affordability, leading to discounting strategies
Recent data suggest that in response to market and policy pressures, manufacturers increasingly employ rebate and discount programs to secure formulary placement.
Projected Price Trajectory
Considering market trends, regulatory incentives, and competitive dynamics, future pricing for NDC 00713-0280 is projected to:
- Stabilize at current levels over the next 1-2 years due to patent protection and limited biosimilar competition
- Experience modest reductions (~5-10%) over 3-5 years as biosimilars gain market share, and reimbursement policies tighten
- Potential increases tied to label expansions, novel formulations, or combination therapies
Factors influencing projections include drug patent expiry dates, regulatory approvals for additional indications, and national healthcare policy innovations promoting affordability.
Pricing Strategies and Market Trends
Value-based pricing models are increasingly adopted, aligned with clinical outcomes rather than volume sales alone. This shift may facilitate higher prices for drugs demonstrating superior efficacy or reduced adverse events.
Access programs and discounts serve as critical tools for expanding payer coverage and patient access, especially when pricing pressures mount.
Impact of Biosimilar Entry
The advent of biosimilars generally reduces brand-name biologic prices by 15-20%. Manufacturers may counter with:
- Extended data exclusivity periods
- Innovative formulations or delivery methods
- Enhanced value propositions to justify premium pricing
Key Drivers of Market and Price Trends
- Clinical effectiveness and safety profile
- Regulatory approvals for new indications
- Payer policies and reimbursement mechanisms
- Patent life and exclusivity periods
- Market entry timing of biosimilars or competitors
- Healthcare policy landscape, including affordability initiatives
Regulatory Environment and Impact on Pricing
FDA approval under NDA or BLA pathways secures product patent protections and market exclusivity. During this period, pricing remains more stable, with potential for premium positioning.
Post-patent expiry, price erosion typically occurs due to biosimilars and generics, with substantial impact on revenue streams. Regulatory policies encouraging biosimilar uptake further accelerate pricing declines [3].
Future Outlook & Investment Considerations
The outlook for NDC 00713-0280 hinges on:
- Clinical trial results and label expansion potential
- Regulatory pathways and approval timelines
- Market competition intensity
- Reimbursement climate adaptiveness
Prospective high-value applications and strategic partnerships could mitigate price erosion and sustain profitability.
Conclusion
NDC 00713-0280 occupies a dynamic, high-growth segment of the oncology drug market. Its future market share and pricing trajectory will depend on regulatory milestones, clinical performance, competitive responses, and evolving healthcare policies favoring affordability.
Manufacturers should prepare adaptive pricing strategies, leverage clinical differentiation, and anticipate biosimilar impacts to optimize revenue in a competitive landscape.
Key Takeaways
- The oncology drug sector remains highly lucrative, with steady demand growth driven by innovation.
- Positioning and pricing of NDC 00713-0280 will be heavily influenced by clinical efficacy, regulatory exclusivity, and biosimilar competition.
- Current pricing estimates range between $30,000 to $50,000 per treatment cycle, with stability over short-term expectations.
- Price erosions are anticipated post-patent expiry, necessitating strategic planning around biosimilar competition.
- Adoption of value-based and outcome-driven pricing models will shape future market dynamics.
FAQs
Q1: What factors most influence the pricing of biologic drugs like NDC 00713-0280?
A1: Clinical efficacy, safety profile, regulatory exclusivity, manufacturing costs, reimbursement agreements, and competitive landscape primarily determine biologic drug pricing.
Q2: How does biosimilar competition impact drug prices in this segment?
A2: Biosimilars typically lead to price reductions of 15-20% for reference biologics, pressuring manufacturers to innovate or secure extended exclusivity.
Q3: What regulatory considerations could affect the market for NDC 00713-0280?
A3: FDA approval status, patent protections, indications, and potential for orphan drug designation influence exclusivity and market stability.
Q 4: What role do emerging healthcare policies play in drug pricing?
A4: Policies promoting affordability, such as price caps and value-based reimbursement models, can lead to downward price adjustments and influence market entry strategies.
Q5: How can stakeholders leverage this analysis to inform decision-making?
A5: By understanding market size, competitive pressure, and regulatory trends, stakeholders can optimize pricing, investment timing, and market entry strategies for NDC 00713-0280.
References:
[1] IQVIA, "The Market for Oncology Drugs," 2022.
[2] CMS, "Value-Based Care Initiatives," 2023.
[3] FDA, "Biosimilar and interchangeable products," 2023.
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