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Last Updated: January 1, 2026

Drug Price Trends for NDC 70000-0098


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Average Pharmacy Cost for 70000-0098

Drug Name NDC Price/Unit ($) Unit Date
LIDOCAINE HCL 4% CREAM 70000-0098-01 0.05249 GM 2025-12-17
LIDOCAINE HCL 4% CREAM 70000-0098-01 0.05191 GM 2025-11-19
LIDOCAINE HCL 4% CREAM 70000-0098-01 0.05208 GM 2025-10-22
LIDOCAINE HCL 4% CREAM 70000-0098-01 0.05244 GM 2025-09-17
LIDOCAINE HCL 4% CREAM 70000-0098-01 0.05224 GM 2025-08-20
LIDOCAINE HCL 4% CREAM 70000-0098-01 0.04941 GM 2025-07-23
>Drug Name >NDC >Price/Unit ($) >Unit >Date

Best Wholesale Price for NDC 70000-0098

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Dates Price Type
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

Market Analysis and Price Projections for NDC: 70000-0098

Last updated: September 28, 2025


Introduction

The drug with NDC: 70000-0098 is a prescription pharmaceutical product whose market trajectory warrants detailed analysis for stakeholders interested in valuation, competitive positioning, and investment prospects. This analysis synthesizes current market data, regulatory considerations, pricing dynamics, competitive landscape, and projected trends to inform strategic decision-making.


Product Profile and Therapeutic Segment

While specific data on NDC: 70000-0098 is proprietary, NDC identifiers are structured to encode manufacturer, product, and package details. Based on the format, 70000-0098 likely pertains to a drug produced by a specific manufacturer, possibly within the cardiology, oncology, or infectious disease segments, common therapeutic areas with notable market activity. Confirming this, the product is presumed to be either a branded or generic drug with an established or emerging clinical role.

[Note: For precise therapeutic classification, consult FDA’s NDC Directory or the associated product label.]


Regulatory Status and Market Penetration

The regulatory status of NDC: 70000-0098 significantly influences its market potential. If recently approved, initial adoption may be limited, constrained to specialized centers or early adopters. Conversely, if longstanding, widespread utilization, the drug likely commands a sizable market share.

Regulatory approvals impact reimbursement pathways, influencing pricing and market access. Expedited pathways (e.g., Fast Track or Breakthrough Designation) can accelerate uptake, while off-label uses or expanded indications can extend the commercial horizon.


Market Size and Demand Dynamics

The target patient population, disease prevalence, and treatment guidelines shape demand. For example, if the drug treats a rare disease, the market size remains small but lucrative due to orphan drug incentives. In contrast, a drug addressing a common condition (e.g., hypertension or diabetes) boasts broader penetration, bolstered by extensive healthcare infrastructure.

Key demand drivers include:

  • Epidemiology: Incidence and prevalence rates of target conditions.
  • Treatment Guidelines: Adoption speed of new therapies, influence of clinical practice guidelines.
  • Competitive Landscape: Number of alternative therapies and their market shares.
  • Reimbursement Policies: Coverage decisions by Medicare, Medicaid, and commercial payers impacting patient access.

Market Size Estimation

Using available epidemiological data and considering market penetration rates, the total addressable market (TAM) can be projected. For example, if NDC: 70000-0098 pertains to a novel oncology agent for a specific cancer subtype with an estimated US prevalence of 100,000 patients, assuming a conservative utilization rate of 50%, the initial market would involve approximately 50,000 patients.


Competitive Landscape and Market Share

The competitive environment depends on existing therapies and emerging entrants. If the drug offers improved efficacy, safety, or administration convenience, it may rapidly carve a niche or displace existing standards.

Major competitors should be identified through patent databases, clinical trial repositories, and market research reports, such as IQVIA or EvaluatePharma. The degree of patent protection, exclusivity periods, and pipeline developments influence future market share and pricing power.


Pricing Dynamics and Cost Factors

Pricing strategies are shaped by multiple factors, including:

  • Regulatory Exclusivity: Market exclusivity under patent law or orphan-drug designations can sustain higher prices.
  • Manufacturing Costs: Complex synthesis, biologic origin, or specialized storage impacts the cost structure.
  • Reimbursement Environment: Negotiated prices with payers, formulary placements, and prior authorization requirements influence net revenue.
  • Market Positioning: Premium pricing for novel, differentiated drugs versus competitive pricing for generics or me-too products.

Current Pricing Trends

Assuming the drug is a branded, relatively recent entrant with patent protection, the wholesale acquisition cost (WAC) may range from several thousand to tens of thousands of dollars annually per patient. Alternatively, if generic, prices are substantially lower, fostering greater access but reducing profit margins.

Price projections depend on anticipated patent expiry, competitor entries, and potential label expansions. Typically, drug prices decline by 10-20% upon patent expiration, with generic competition accelerating price erosion.


Projected Market and Price Trends

Based on industry data, the following projections can be articulated:

  • Short-term (1-3 years): Limited price fluctuation, stabilization at current levels driven by patent rights and initial demand.
  • Mid-term (3-5 years): Potential price reduction of 15-30% due to market competition, especially if biosimilars or generics enter.
  • Long-term (5+ years): Price erosion nearing 50% or more upon patent expiration, with generic prevalence leading to lower retail prices.

In high-growth segments, adoption rates may compensate for price declines to sustain revenue. For drugs with unmet needs or superior efficacy, pricing power remains higher.


Future Drivers and Market Risks

  • Regulatory Changes: Policy shifts favoring biosimilars or cost containment could suppress prices.
  • Pipeline Developments: Next-generation therapies or alternative treatment modalities may threaten market share.
  • Pricing Pressure: Payer negotiations and value-based agreements influence net revenues.
  • Global Expansion: Entry into emerging markets may alter supply and demand dynamics.

Conclusion

The market prospects for NDC: 70000-0098 hinge on its therapeutic classification, regulatory status, competitive landscape, and market access. While current pricing is driven by patent protection and clinical differentiation, anticipated patent expiries and emerging competitors forecast substantial price declines over the next five years. Strategic positioning, such as value-based contracts or therapeutic differentiation, could sustain profitability.


Key Takeaways

  • Precise therapeutic and regulatory data are vital for accurate market assessment.
  • The drug's initial market size depends heavily on disease prevalence and treatment guidelines.
  • Price projections suggest stability in the short-term, with significant erosion expected upon patent expiration.
  • Competitive dynamics and payer strategies are primary determinants of net revenue potential.
  • Proactive market positioning and pipeline development mitigate risks from price erosion and competition.

FAQs

  1. What is the typical price range for drugs similar to NDC: 70000-0098?
    Depending on therapeutic class and patent status, prices range from several thousand dollars annually for generics to upwards of $50,000 or more for branded specialty drugs.

  2. How does patent expiration impact the drug's price and market share?
    Patent expiry introduces generic competition, typically causing prices to decline by 50% or more and substantially reducing market share for the original branded product.

  3. Are there regional variations in pricing and market access?
    Yes. Pricing strategies and reimbursement policies vary globally, often leading to higher prices in the US and lower prices in other markets due to pricing regulations.

  4. What factors most influence the drug’s market penetration?
    Key factors include clinical efficacy, safety profile, regulatory approvals, guidelines adoption, and payer negotiations.

  5. How can manufacturers extend the market lifecycle of NDC: 70000-0098?
    By seeking regulatory extensions (e.g., orphan drug designation), expanding indications, developing biosimilars, or investing in novel delivery methods to maintain differentiation and pricing power.


References

  1. FDA National Drug Code Directory. [1]
  2. IQVIA Institute reports on pharmaceutical market dynamics. [2]
  3. EvaluatePharma World Preview report. [3]
  4. Industry analyses of patent expiration impact. [4]
  5. US Medicare and Medicaid reimbursement policies. [5]

(Note: Specific clinical data, manufacturer details, therapeutic classification, and current pricing were not available directly and should be referenced through official databases for precise analysis.)

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