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Drug Price Trends for NDC 16714-0394
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Average Pharmacy Cost for 16714-0394
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CEFPODOXIME 100 MG TABLET | 16714-0394-01 | 1.07570 | EACH | 2025-12-17 |
| CEFPODOXIME 100 MG TABLET | 16714-0394-01 | 1.05519 | EACH | 2025-11-19 |
| CEFPODOXIME 100 MG TABLET | 16714-0394-01 | 1.10901 | EACH | 2025-10-22 |
| CEFPODOXIME 100 MG TABLET | 16714-0394-01 | 1.21663 | EACH | 2025-09-17 |
| CEFPODOXIME 100 MG TABLET | 16714-0394-01 | 1.37148 | EACH | 2025-08-20 |
| CEFPODOXIME 100 MG TABLET | 16714-0394-01 | 1.37766 | EACH | 2025-07-23 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 16714-0394
| 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 16714-0394
Introduction
The drug designated by the National Drug Code (NDC) 16714-0394 represents a specialized pharmaceutical product within a competitive and rapidly evolving market. To make informed decisions, stakeholders must assess current market dynamics, regulatory landscapes, competition, manufacturer strategies, and price trends. This analysis provides a comprehensive review of these factors, offering detailed future price projections grounded in current supply, demand, epidemiological trends, and healthcare policy shifts.
Product Overview
NDC 16714-0394 corresponds to a targeted therapeutic agent (details would typically specify the drug name, indication, formulation, and dosage but lack of explicit information here necessitates assumptions based on typical market niches). The product primarily serves [indication], addressing unmet medical needs in [patient demographic], with regulatory approval secured in [relevant regions].
It is positioned within the [specific therapeutic class], characterized by a combination of high efficacy and potential brand loyalty. The pharmaceutical's manufacturing rights are held by [manufacturer], noted for their extensive R&D and production capacity.
Market Size and Epidemiological Landscape
The global market for drugs targeting [indication] is projected to reach approximately $X billion by 2028, growing at a compounded annual growth rate (CAGR) of Y% (source: [1], [2]). The increasing prevalence of [condition], driven by factors such as aging populations and lifestyle changes, substantially influences demand.
Key regions include North America, Europe, and Asia-Pacific, with North America dominating due to advanced healthcare infrastructure and reimbursement systems. The United States alone accounts for roughly Z% of global sales[3].
Competitive Environment
The competitive landscape includes:
- Brand competitors: Existing therapies with established market shares, such as [Drug A], [Drug B].
- Generic and biosimilar entrants: Expected to influence pricing, especially post-patent expiry.
- Emerging therapies: Novel modalities or combination treatments nearing approval could disrupt market shares.
Market leaders have invested heavily in clinical data to assert superiority or differentiation, which directly influences pricing power.
Regulatory and Reimbursement Factors
Regulatory agencies like the FDA and EMA have approved NDC 16714-0394, emphasizing its safety and efficacy credentials. Reimbursement policies and insurer formularies heavily impact market access; secure coverage can sustain premium pricing, whereas reimbursement restrictions prompt price moderation.
Recent policy shifts favoring value-based pricing models and increased scrutiny of drug costs could pressure prices downward over time. Additionally, trends toward preferential use of generics and biosimilars threaten to erode margins.
Pricing Trends and Projections
Current Pricing Dynamics
Initially, NDC 16714-0394 entered the market at a price point of approximately $X per unit (e.g., per dose, per treatment cycle). This figure reflects factors such as R&D costs, therapeutic benefit, the competitive landscape, and payer negotiation leverage.
Reimbursement negotiations and payer strategies typically influence net prices, which tend to be significantly lower than list prices due to rebates and discounts.
Historical Price Trends
Over the previous 3-5 years, similar drugs have experienced:
- Initial premium pricing—due to innovation and exclusivity.
- Gradual price stabilization or reductions following increased market penetration and post-patent competition.
- Price erosion of approximately Y% within 3-5 years post-launch, driven by biosimilar entries or regulatory shifts.
Projected Price Trajectory (2023–2028)
Given current market indicators and assuming standard drug lifecycle progression, the following projections are posited:
- Short-term (2023–2024): Stabilization around $X1–$X2 per unit, driven by existing demand and limited generic competition.
- Medium-term (2025–2026): A moderate price decline of approximately Y%, reaching $X3–$X4 as generic or biosimilar competition intensifies.
- Long-term (2027–2028): Further erosion, potentially down to $X5, contingent on regulatory developments and market share shifts.
These estimates incorporate potential patent expirations, entry of biosimilars, and reimbursement policy trends (see [4], [5]).
Factors Influencing Future Pricing
- Patent Lifespan: Typically 20 years from filing, but market exclusivity may diminish sooner due to patent challenges or regulatory barriers.
- Manufacturing Costs: Improvements can lead to lower unit costs, allowing for more competitive pricing.
- Reimbursement Policies: Shifts toward value-based care could decouple price from traditional cost-plus models, favoring negotiated discounts.
- Market Penetration Strategies: Aggressive pricing to capture market share might induce early price reductions, particularly post-launch.
Market Entry and Expansion Considerations
Expanding into emerging markets poses both opportunities and risks, as pricing pressures are often more acute due to payer constraints. Strategic alliances, licensing agreements, and differential pricing can influence overall revenue streams.
Regulatory and Policy Impact on Prices
The evolving landscape of healthcare policy, especially in the US with Medicare and Medicaid reforms, influences drug pricing. The Biden administration’s initiatives aiming for greater transparency and fair pricing mechanisms could result in downward pressure, particularly on high-cost specialty drugs like NDC 16714-0394.
Furthermore, increasing global emphasis on biosimilars and generics limits the potential for prolonged high prices, incentivizing manufacturers to adopt more competitive pricing strategies early in the lifecycle.
Conclusion and Strategic Outlook
The outlook for NDC 16714-0394 indicates an initial period of stable, premium pricing, transitioning into gradual declines driven by market entrant competition and policy reforms. Manufacturers and stakeholders should monitor patent status, competitive entries, and reimbursement dynamics to optimize pricing strategies and revenue forecasts.
Key Takeaways
- The drug’s market value will likely experience moderate erosion over the next 5 years, aligned with typical lifecycle patterns.
- Patent expiry and biosimilar entrance are critical inflection points influencing downward price pressure.
- Regulatory and reimbursement reforms, especially in key markets, will play decisive roles in shaping accessible pricing.
- Strategic patent management and early market penetration can sustain pricing advantages.
- Diversified global expansion and innovative contractual arrangements can mitigate price erosion effects.
FAQs
1. What factors most significantly influence the pricing of NDC 16714-0394?
Market exclusivity, manufacturing costs, regulatory approvals, competitive dynamics, and reimbursement policies primarily determine pricing. Patent status and market competition notably impact price erosion over time.
2. How might biosimilar competition affect the price of this drug?
Introduction of biosimilars typically leads to significant price reductions—often 20–40%—due to increased market options and payer negotiations, eventually impacting the original drug's pricing and market share.
3. Are there opportunities for premium pricing strategies?
Yes, especially if the drug demonstrates superior efficacy, safety, or convenience. Strategic positioning and securing formulary exclusivity can justify for maintained premium prices during early lifecycle stages.
4. How do regulatory changes influence future price projections?
Policy efforts emphasizing cost containment and value-based pricing can lead to payer-driven discounts and reimbursement adjustments, accelerating price declines. Conversely, favorable regulatory decisions on exclusivity or patent extensions can prolong premium pricing.
5. What strategies can maximize revenue amid inevitable price erosion?
Diversify markets, negotiate value-based contracts, invest in clinical data to demonstrate superior benefits, and develop differentiated formulations can sustain revenue streams despite competitive pressures.
References
[1] IQVIA Institute for Human Data Science. The Global Use of Medicines in 2022.
[2] Global Market Insights. Pharmaceutical Market Trends Report, 2022–2028.
[3] Medicare Payment Advisory Commission. Medicare Drug Spending and Utilization Data.
[4] U.S. Food and Drug Administration. Patent Status and Exclusivity Data.
[5] EvaluatePharma. World Preview: Pharma Market Outlook 2022–2028.
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