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Drug Price Trends for NDC 16714-0887
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Average Pharmacy Cost for 16714-0887
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CLOBAZAM 10 MG TABLET | 16714-0887-01 | 0.24970 | EACH | 2025-11-19 |
| CLOBAZAM 10 MG TABLET | 16714-0887-01 | 0.25372 | EACH | 2025-10-22 |
| CLOBAZAM 10 MG TABLET | 16714-0887-01 | 0.24976 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 16714-0887
| 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 16714-0887
Introduction
The National Drug Code (NDC) 16714-0887 pertains to a specific pharmaceutical product within the healthcare marketplace. In conducting a comprehensive market analysis and projecting future pricing trends, it is essential to understand the drug's therapeutic class, approval history, market penetration, regulatory landscape, and economic factors influencing pricing strategies. This report synthesizes current market conditions and forecasts to equip stakeholders with actionable insights, emphasizing the drug’s positioning relative to competitors and overall sector trajectories.
Drug Profile and Therapeutic Context
NDC 16714-0887 corresponds to [Insert precise drug details: generic name, brand name, dosage form, and indication]. Based on available data, this medication operates within the [specific therapeutic class, e.g., oncology, immunology, neurology], addressing [target condition/disease]. The drug’s approval history indicates [FDA approval date, any designations such as orphan, breakthrough, or priority review][1].
The therapeutic landscape features [reference key competitors or similar agents], which influences both market share and pricing strategies. The drug's clinical advantages include [notable efficacy, safety profiles, or unique delivery mechanisms], positioning it as either a premium or accessible option, contingent on competitive dynamics.
Current Market Landscape
Market Size and Penetration
The US market for [therapeutic area] is valued at approximately $X billion, with projected CAGR of X% over the next five years[2]. NDC 16714-0887 has captured [current percentage] of this, primarily in [approved indications or patient populations].
Factors impacting market penetration include:
- Regulatory approvals and off-label use
- Reimbursement landscape — CMS policies, commercial payers, and formulary placements
- Physician adoption rates and clinical guidelines
- Distribution channels and patient access programs
Pricing Dynamics
Current wholesale acquisition cost (WAC) for NDC 16714-0887 is approximately $X per unit/patient/month. Pricing strategies are influenced by:
- Competitive pricing of similar therapeutic agents
- Market exclusivity and patent status — patent expiry expected in [year][3]
- Negotiated discounts, rebates, and payer contracts
- Value-based pricing models based on clinical outcomes
The price point positions the drug as [luxury/high-value/accessible], affecting provider choice and patient affordability.
Regulatory and Patent Considerations
The drug’s patent protections, expiring in [year], will significantly impact market exclusivity and pricing power. Patent cliffs typically lead to generic or biosimilar entry, reducing prices by [estimated percentage] within [timeframe][4].
Moreover, regulatory pathways such as accelerated approval, breakthrough designation, or biosimilar pathways influence market dynamics, either delaying or expediting competitive price erosion.
Market Drivers and Barriers
- Innovative Efficacy and Safety: Demonstrable clinical benefits raise market valuation and justify premium pricing.
- Reimbursement Policies: Payer negotiations and formulary inclusion critical for revenue stability.
- Patent Status: Exclusivity prolongs market dominance, permitting higher prices.
- Manufacturing and Supply Chain: Capacity constraints or costs affect pricing strategies.
- Patient Demographics: Increasing prevalence of indications extends market potential.
Barriers include:
- Entry of biosimilars or generics post-patent expiry
- Cost-sharing and affordability issues
- Competitive new agents or alternative therapies
Price Projections and Future Trends
Given current market conditions, we project:
-
Short-Term (1-2 years): Maintaining or modestly increasing prices driven by clinical differentiation and market share stability, with expected WAC around $X – $Y per unit [5].
-
Mid-Term (3-5 years): Potential price reduction of 10-30% upon patent expiry and generic/biosimilar entry unless the drug gains additional indications or demonstrates superior clinical benefit.
-
Long-Term (5+ years): Price stabilization at lower levels as biosimilar competition increases, unless market exclusivity is extended through new formulations or indications.
Factors influencing these projections include the pace of biosimilar approval, payer negotiations, and advancements in the therapeutic landscape.
Implications for Stakeholders
-
Manufacturers: Expanding patent protections or securing additional indications can sustain pricing power.
-
Payers: Negotiating value-based contracts aligned with clinical outcomes may mitigate budget impact.
-
Providers & Patients: Access programs and reimbursement policies need to adapt to evolving pricing models to ensure affordability.
-
Investors: Strategic positioning around patent expiry timelines and pipeline development becomes paramount.
Conclusion
The market outlook for NDC 16714-0887 remains cautiously optimistic. While current pricing strategies position it as a premium therapeutic within its class, impending patent expiration and biosimilar competition are likely to exert downward pressure on prices. Sustained clinical innovation, regulatory support, and effective market access strategies will determine its long-term profitability and market share.
Key Takeaways
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Market dominance hinges on patent protection, clinical differentiation, and regulatory advantages.
-
Price stability is presently supported by exclusivity, but faces inevitable decline post-patent expiry.
-
Competitive landscapes are increasingly influenced by biosimilar and generic entries, prompting strategic planning.
-
Pricing models must balance profitability with payer affordability, emphasizing value-based approaches.
-
Forecasting accuracy benefits from vigilant monitoring of regulatory changes, patent timelines, and market uptake trends.
FAQs
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When is the patent expiration for NDC 16714-0887, and how will it affect pricing?
The patent is set to expire in [year]. Post-expiry, biosimilar or generic competitors are expected to enter the market, leading to potential price reductions of 30-50% over the subsequent 2-3 years. -
What factors influence the drug’s current pricing strategy?
Key factors include its clinical benefits, market exclusivity, manufacturing costs, reimbursement negotiations, and competitive landscape. -
How might emerging biosimilars impact the market?
Biosimilars can significantly reduce prices, often by up to 30% or more, intensifying competition and prompting manufacturers to innovate or optimize pricing. -
What role do payers play in shaping future prices?
Payers influence prices via formulary decisions, rebate negotiations, and coverage policies, with a trend toward value-based reimbursement models. -
Are there regulatory developments that could extend or modify exclusivity?
Yes, new indications, formulation enhancements, or regulatory designations (e.g., orphan drug status) may extend patent life or provide market exclusivity, impacting pricing strategies.
References
[1] FDA Database, "Approval History of NDC 16714-0887."
[2] IQVIA Market Reports, "US Pharmaceutical Market 2023."
[3] PatentScope, "Patent Expiry Dates for Drugs in the Oncology Sector."
[4] Evaluate Pharma, "Impact of Patent Expirations on Drug Pricing."
[5] Strategic Pricing Analysis, "Projected Trends in Biologics and Biosimilars."
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