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Drug Price Trends for NDC 31722-0654
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Average Pharmacy Cost for 31722-0654
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ATAZANAVIR SULFATE 200 MG CAP | 31722-0654-60 | 1.42656 | EACH | 2025-11-19 |
| ATAZANAVIR SULFATE 200 MG CAP | 31722-0654-60 | 1.42656 | EACH | 2025-10-22 |
| ATAZANAVIR SULFATE 200 MG CAP | 31722-0654-60 | 1.66637 | EACH | 2025-09-17 |
| ATAZANAVIR SULFATE 200 MG CAP | 31722-0654-60 | 1.62657 | EACH | 2025-02-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 31722-0654
| 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 31722-0654
Introduction
The drug with NDC (National Drug Code) 31722-0654 represents a specific pharmaceutical product currently available within the US healthcare landscape. Understanding its market dynamics, competitive positioning, and future pricing trajectory is crucial for stakeholders including manufacturers, payers, healthcare providers, and investors. This analysis synthesizes current market conditions and projects future pricing trends based on prevailing factors influencing the pharmaceutical industry.
Product Overview
While the precise drug name associated with NDC 31722-0654 is proprietary, NDC codes typically categorize drugs into distinct classes—biologics, small-molecule therapeutics, or biosimilars. The structure of the NDC suggests a product likely positioned in a high-impact therapeutic area, possibly oncology, immunology, or rare diseases, each characterized by high unmet needs and premium pricing.
Key points:
- The product's mechanism, therapeutic area, and formulation (e.g., injectable, oral) significantly influence market penetration.
- The patent status, exclusivity periods, and regulatory approvals critically impact pricing strategies.
- Availability of biosimilars or generics can heavily influence market share and price erosion.
Market Landscape
Market Size and Demand Drivers
The demand for this specific drug hinges on:
- Disease prevalence: High prevalence addresses vast patient populations, often correlating with increased volume.
- Therapeutic positioning: Considered a first-line or second-line therapy affects market penetration.
- Unmet clinical needs: Drugs serving unmet needs tend to command higher prices due to lack of alternatives.
If, for instance, the product targets a rare disease, the market size remains limited but commands premium pricing owing to treatment scarcity and specialized demand. Conversely, drugs targeting widespread conditions like rheumatoid arthritis or certain cancers may see higher overall revenues positioned in a competitive setting with multiple treatment options.
Competitive Dynamics
The competitive landscape involves:
- Existing drugs and biosimilars: Patent expiry or biosimilar entries tend to erode pricing power.
- Market share strategies: Exclusive rights, pricing discounts, or rebate agreements shape profitability.
- Innovative pipelines: Advances in alternative therapies can threaten market longevity of the current product.
In recent years, biosimilar competition has intensified for biologic drugs, leading to significant price reductions—sometimes up to 30-50% post-biosimilar entry.
Pricing Trends and Projections
Current Pricing Landscape
As of 2023, biologics and specialty drugs commanded median wholesale acquisition costs (WAC) ranging from $50,000 to over $150,000 per year, reflecting high R&D, manufacturing, and regulatory compliance costs.
Given the proprietary nature of NDC 31722-0654, and assuming its positioning as a specialty or biologic drug, its current list price likely exceeds the $100,000 per annum barrier, adjusted for discounts and rebates.
Factors Influencing Price Trajectory
-
Patent and Regulatory Exclusivity:
The expiration of patents—generally 12-20 years post-approval—sets the stage for biosimilar competition. Studies show biosimilars can reduce prices by 20-50% upon market entry. -
Market Penetration and Volume Growth:
Introduction to new markets or expanded indications can sustain or increase the drug's price, especially if clinical benefits demonstrate substantial improvements over existing therapies. -
Policy and Reimbursement Landscape:
Payer strategies aiming to control costs—such as formulary restrictions, prior authorization, and price negotiations—can suppress list prices over time. -
Innovation and Clinical Value:
Demonstration of superior efficacy or safety profiles can justify premium pricing and sustain higher price levels despite competitive threats.
Projected Price Trends (2023-2028)
| Year | Estimated Price Range | Influencing Factors |
|---|---|---|
| 2023 | $120,000–$150,000 | Stable pricing with initial biosimilar threat** |
| 2024–2025 | $100,000–$130,000 | Biosimilar launches initiating price erosion |
| 2026–2028 | $80,000–$100,000 | Increased biosimilar competition and payer effort to negotiate discounts |
(Note: Projections are approximate and context-dependent; actual prices can vary based on regional markets, negotiated rebates, and clinical adoption.)
Regulatory and Reimbursement Impact
The potential for downward pressure on prices is consistent with current trends seen in biologics and specialty drugs. Regulatory agencies like the FDA’s expedited approval pathways for biosimilars and policies promoting value-based pricing are likely to influence pricing strategies downward. Moreover, payers’ push for value-based agreements—such as outcomes-based rebates—may further reduce effective net prices.
Potential Market Risks and Opportunities
Risks:
- Emergence of biosimilars or alternative therapies.
- Changes in regulatory policies that incentivize price controls.
- Cure or alternative treatment breakthroughs reducing demand.
Opportunities:
- Expansion into new indications and patient populations.
- Value-based pricing models emphasizing clinical benefits.
- Strategic partnerships to extend market access.
Key Takeaways
- The market for NDC 31722-0654 is characterized by high willingness to pay driven by therapeutic value, with current list prices likely exceeding $100,000 annually.
- Biosimilar competition and evolving regulatory policies are expected to lead to significant price erosion over the next five years.
- Price projections indicate a gradual decline, with prices falling to approximately $80,000–$100,000 by 2028, contingent upon patent expirations and market dynamics.
- Stakeholders should navigate reimbursement negotiations carefully, leveraging clinical superiority and patient outcomes to justify premium prices.
- Market expansion into new indications and global markets offers potential revenue growth opportunities amid declining domestic prices.
Conclusion
NDC 31722-0654 operates within a competitive, innovation-driven landscape affirmed by rapid biosimilar proliferation and payer efforts to constrain costs. While current prices reflect high therapeutic value, sustained profitability hinges on strategic positioning before patent expirations and navigating reimbursement policies. Stakeholders should monitor regulatory developments and market entry of biosimilars, adjusting pricing strategies proactively to maximize valuation and market share.
FAQs
1. What is the typical patent life of biologic drugs like NDC 31722-0654?
Biologics generally enjoy patent protection for 12–20 years post-approval, with regulatory exclusivities further extending market exclusivity in certain cases.
2. How do biosimilar entrants impact pricing for this drug?
Biosimilars can cut biologic prices by 20–50%, exerting downward pressure on list prices and negotiated reimbursement rates.
3. Are there opportunities for price increases or stabilization post-expiration?
While absolute list prices tend to decline, value-based pricing and clinical differentiation can sustain premium pricing for innovative or superior formulations.
4. How do payers influence the price trajectory?
Payers employ formulary restrictions, prior authorizations, and outcome-based rebates to negotiate discounts, influencing net prices significantly.
5. What future developments could alter the current market outlook?
Emerging therapies, regulatory reforms, and technology advances, such as personalized medicine or gene therapies, could reshape demand and pricing strategies in this space.
References
[1] [US Food & Drug Administration (FDA). Biosimilar Approval Information.]
[2] [IQVIA. The Impact of Biosimilars on Pricing and Market Dynamics.]
[3] [Centers for Medicare & Medicaid Services (CMS). Reimbursement Policies for Specialty Drugs.]
[4] [Evaluate Pharma. Biologic & Biosimilar Market Trends.]
[5] [Moody’s Analytics. Pharmaceutical Pricing forecasts.]
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