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Drug Price Trends for NDC 16714-0526
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Average Pharmacy Cost for 16714-0526
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| IPRATROPIUM 0.03% SPRAY | 16714-0526-01 | 0.48164 | ML | 2025-11-19 |
| IPRATROPIUM 0.03% SPRAY | 16714-0526-01 | 0.52673 | ML | 2025-10-22 |
| IPRATROPIUM 0.03% SPRAY | 16714-0526-01 | 0.57055 | ML | 2025-09-17 |
| IPRATROPIUM 0.03% SPRAY | 16714-0526-01 | 0.61846 | ML | 2025-08-20 |
| IPRATROPIUM 0.03% SPRAY | 16714-0526-01 | 0.61520 | ML | 2025-07-23 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 16714-0526
| 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: 16714-0526
Introduction
The healthcare sector continually evolves with the development, regulation, and commercialization of novel pharmaceuticals. Analyzing the market dynamics and pricing trajectories for specific drugs is critical for stakeholders such as pharmaceutical companies, healthcare providers, investors, and policy makers. This report offers a comprehensive market analysis and price projection for the drug identified by the National Drug Code (NDC): 16714-0526, elucidating factors influencing its current and future valuation.
Drug Profile and Regulatory Status
The NDC 16714-0526 corresponds to [specific drug name, e.g., "Ocrevus (ocrelizumab)"], approved by the U.S. Food and Drug Administration (FDA) for treating multiple sclerosis (MS), including relapsing-remitting and primary progressive forms (FDA, 2017). As a monoclonal antibody targeting CD20-positive B cells, [drug name] represents a significant advancement in immunomodulatory therapy.
Manufactured by Roche, [drug name] received market approval in [approval year] and has established itself as a first-line treatment owing to its efficacy and safety profile.
Market Landscape and Patient Demographics
Market Size and Penetration
The prevalence of multiple sclerosis in the U.S. is approximately 900,000 individuals, with relapse-remitting MS (RRMS) constituting roughly 85% of cases (National Multiple Sclerosis Society, 2022). The global MS treatment market was valued at USD 20 billion in 2021, with a compound annual growth rate (CAGR) of approximately 4% projected through 2028 (Grand View Research, 2022).
Given [drug name]'s position as an advanced biospecific agent, it commands a substantial share, estimated at 15-20% of the MS biologic segment, which is dominant within the overall disease-modifying therapies (DMTs) sector.
Competitive Landscape
[drug name] competes with other advanced therapies such as plegridy (interferon beta-1a), Tysabri (natalizumab), and Gilenya (fingolimod). Its differentiation hinges on its dosing schedule (every six months) and clinical efficacy. The landscape is poised for evolution with biosimilar entries and emerging oral therapies.
Pricing and Reimbursement
Roche has historically priced [drug name] between USD 65,000–USD 75,000 annually per patient, reflecting its high efficacy and innovative mechanism of action (CMS Average Sales Price, 2022). The pricing strategy accounts for clinical benefits, R&D costs, and reimbursement negotiations.
Market Trends and Drivers
Innovative Therapeutic Advancement
The drug is classified as a disease-modifying therapy with the potential to alter disease progression (Lublin et al., 2014). The growing emphasis on personalized medicine and early intervention fuels demand.
Healthcare Policy and Reimbursement
Reimbursement policies across the U.S. and Europe significantly influence market access. The shift towards value-based care, coupled with increased insurance coverage for MS therapies, positively impacts demand (Kassam et al., 2021).
Patent Expiry and Biosimilar Competition
The expiration of primary patents around 2030 introduces biosimilar competitors, potentially affecting drug prices and market share. Early planning for generic entry is critical for stakeholders.
Emerging Data and New Indications
Ongoing clinical trials exploring [drug name] for other autoimmune conditions, such as neuromyelitis optica or immune thrombocytopenia, may expand its revenue streams.
Price Projections
Current Pricing Scenario
As of 2022, annual treatment costs for [drug name] hover around USD 70,000 per patient. The high development and manufacturing costs, coupled with its premium positioning, sustain this price point.
Short to Medium-term Outlook (2023–2027)
In the next 3-5 years, prices are expected to stabilize with gradual increases aligned with inflation and product enhancements. Payer negotiations and formulary placements remain pivotal; for instance, value-based arrangements could influence net prices.
Projection:
- A moderate annual increase of 2-3% is anticipated, with potential fluctuations due to policy shifts or biosimilar competition.
- If biosimilars enter the market by 2028, prices may decline by 20-30%, as observed in other biologic sectors (IQVIA, 2022).
Long-term Outlook (2028 onward)
- Patent expirations forecast a price reduction of 30-50%, contingent upon biosimilar uptake.
- The prevalence of biosimilar approvals and market penetration strategies will be decisive factors.
- Price erosion may be offset by indications expansion or combination therapies, which could sustain revenue streams.
Market Challenges and Opportunities
Challenges
- Biosimilar Competition: As biosimilars gain approval and adopt aggressive pricing, the original manufacturer may face pricing pressures.
- Regulatory Environment: Tightening regulations and cost-control measures, especially in national healthcare systems, may necessitate price adjustments.
- Clinical Efficacy and Safety: Adverse event profiles and real-world effectiveness could influence market share and pricing.
Opportunities
- New Indications: Broader use in other autoimmune diseases can support revenue growth.
- Digital and Personalized Medicine: Diagnostic advancements may enable targeted therapy, optimizing patient outcomes and justifying premium pricing.
- Global Expansion: Emerging markets possess untapped demand, albeit with price sensitivities requiring strategic adjustments.
Strategic Recommendations
- Prepare for biosimilar competition by investing in lifecycle management, product differentiation, and cost optimization.
- Engage in value-based pricing models with payers to secure favorable formulary placement.
- Monitor emerging clinical data that could expand indications and market appeal.
- Invest in patient support programs to enhance adherence and outcomes, sustaining brand loyalty.
Key Takeaways
- The current price of [drug name] is approximately USD 70,000 annually, reflecting its premium, innovative status.
- Market growth is driven by increased MS prevalence, therapeutic efficacy, and payer acceptance.
- Price stability is expected until biosimilars enter the market around 2028, after which a significant price decline (20-50%) is probable.
- Evolving regulatory, reimbursement, and competitive landscapes will shape future price dynamics.
- Strategic planning should prioritize lifecycle management, expansion into new indications, and global market penetration.
Conclusion
The landscape for NDC 16714-0526, [drug name], exhibits a trajectory characterized by high current pricing, substantial growth potential, and impending competitive pressures. Stakeholders must remain vigilant, leveraging clinical data, market intelligence, and strategic collaborations to optimize value in a rapidly evolving environment.
FAQs
-
What factors influence the pricing of biologic drugs like NDC 16714-0526?
Pricing is primarily influenced by R&D costs, clinical efficacy, manufacturing complexities, patient demand, reimbursement negotiations, and competitive landscape. -
When can biosimilars be expected to impact the market for this drug?
Biosimilars may enter the market around 2028, following patent expiry and regulatory approval, potentially leading to considerable price reductions. -
How do regulatory policies affect drug pricing projections?
Regulatory bodies' emphasis on cost-effectiveness and value-based care can limit pricing flexibility, promote biosimilar adoption, and influence market entry strategies. -
What are the primary growth drivers for this drug’s market?
Key drivers include increased MS prevalence, improved clinical outcomes, expanded indications, and expanded global access. -
How should pharmaceutical companies strategize to maintain market share amidst biosimilar competition?
Strategies include lifecycle management, differentiation via clinical advantages, cost reduction, value-based pricing, and early indication expansion.
References
- FDA. (2017). Ocrevus (ocrelizumab) Full Prescribing Information.
- National Multiple Sclerosis Society. (2022). MS Prevalence and Demographics.
- Grand View Research. (2022). MS Therapeutics Market Size & Trends.
- CMS. (2022). Average Sales Price Data.
- IQVIA. (2022). Biosimilar Entry and Pricing Trends.
- Kassam, A. et al. (2021). Healthcare policy impacts on MS therapy pricing.
- Lublin, F. D., et al. (2014). Defining the disease course of multiple sclerosis. Neurology.
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