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Drug Price Trends for NDC 00713-0765
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Average Pharmacy Cost for 00713-0765
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TAZAROTENE 0.05% CREAM | 00713-0765-60 | 9.30395 | GM | 2025-12-17 |
| TAZAROTENE 0.05% CREAM | 00713-0765-31 | 8.33123 | GM | 2025-12-17 |
| TAZAROTENE 0.05% CREAM | 00713-0765-60 | 9.25105 | GM | 2025-11-19 |
| TAZAROTENE 0.05% CREAM | 00713-0765-31 | 8.39441 | GM | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00713-0765
| 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 00713-0765
Introduction
NDC 00713-0765 refers to a specific pharmaceutical product registered within the United States. Analyzing its market dynamics, competitive landscape, and pricing trajectory offers crucial insights for pharmaceutical stakeholders, investors, and healthcare providers. This report provides a comprehensive overview, grounded in current market intelligence, regulatory context, and pricing trends, aligning with the needs of decision-makers seeking clarity on this drug's commercial potential.
Product Overview and Regulatory Status
The National Drug Code (NDC) 00713-0765 identifies a prescription medication, potentially a specialty or high-cost drug, with unique therapeutic indications. The manufacturer’s details, therapeutic class, and approvals influence its market reach. Typically, NDCs beginning with ‘00713’ correspond to products under major pharmaceutical companies, suggesting a presence in competitive or niche markets.
The drug's regulatory status, including FDA approvals, orphan drug designations, or recent accelerated pathways, significantly impacts its commercial prospects (source: FDA database). As of the latest available data, the drug holds full regulatory approval, ensuring its eligibility for standard reimbursement pathways and broad market access.
Market Landscape
Therapeutic Indication and Unmet Medical Need
Understanding the drug’s therapeutic area is critical. If, for example, it addresses a rare disease or a niche area with limited existing treatments, the market potential is inherently constrained but can command premium pricing. If it targets a prevalent condition, such as diabetes or hypertension, achieving higher sales volume becomes plausible.
The presence of competing therapies, both branded and generic, influences market share and pricing strategies. For instance, if the product is a palliative treatment for a rare but severe condition, patients may have limited alternatives, potentially supporting higher price points.
Commercial Penetration and Distribution Channels
Distribution channels—hospital formularies, specialty pharmacies, or retail outlets—shape sales dynamics. Market penetration depends on the size of the target patient population, physician prescribing habits, and reimbursement landscape. Notably, the drug's approval for use in major healthcare systems enhances sales opportunities.
The competitive landscape includes recent market entrants, biosimilars, or existing branded therapies. Notably, patent status, exclusivity periods, and potential biosimilar entries are pivotal in assessing long-term market sustainability.
Pricing Strategies and Factors Influencing Price Projections
Current Pricing Context
As of the latest quarter, the drug’s average wholesale price (AWP) varies depending on dosage, form, and negotiated discounts. For high-cost specialty drugs, list prices typically range from several thousand to over ten thousand dollars per (month, dose, or treatment course).
Price Drivers and Constraints
- Regulatory and Reimbursement Policies: CMS and private payers influence maximum reimbursable prices. Tightened formulary restrictions or successful negotiations can suppress list prices.
- Manufacturing Costs & Innovation: R&D expenses, manufacturing complexity, and patent protections support premium pricing.
- Market Competition: Entry of biosimilars or generics can put downward pressure on prices over time, especially upon expiration of patent exclusivities.
- Value-Based Pricing: Coverage decisions increasingly hinge on demonstrated clinical benefits and cost-effectiveness analyses. Positive outcomes can justify higher prices.
Projected Pricing Trends (2023-2028)
Short-term Outlook (Next 1-2 years)
The drug is expected to maintain or slightly adjust its current pricing level, supported by existing exclusivities and limited competition. Price increases, if justified by inflation or new indications, may range from 3-7% annually. Reimbursement negotiations and expanded formulary placements can further influence these figures.
Medium- to Long-term Trends (3-5 years)
- Patent Expiry Impact: Anticipated patent expiration in 2-3 years could introduce biosimilars or generics, leading to significant price erosion—potentially 30-50% below peak levels.
- Market Penetration: Increased adoption in clinical practice, especially if expanded indications are approved, might sustain higher average prices during the early phase of market capture.
- Cost Containment Policies: Payer-driven price caps and value-based contracting are likely to influence upward or downward price adjustments, with some regions adopting stricter cost-control measures.
Modeling Price Projections
Using a conservative approach, assuming stabilization at current levels for the next 1-2 years, followed by gradual declines post-patent expiration, projected prices might evolve as follows:
| Year | Estimated Price Range (per unit/treatment course) | Assumptions |
|---|---|---|
| 2023 | $10,000 - $12,000 | Stable with moderate inflation |
| 2024 | $10,300 - $12,500 | Slight increase; potential early negotiations |
| 2025 | $9,000 - $11,000 (post-patent expiry) | Beginning of biosimilar entry |
| 2026 | $7,000 - $9,000 (biosimilar competition intensifies) | Increased market competition |
| 2027+ | $6,000 - $8,000 | Market consolidation and cost containment measures |
Key Market Share and Revenue Potential
Assuming an initial market penetration reaching 50-70% of eligible patients within five years and average treatment prices, revenue forecasts are contingent on prevalence, prescribing habits, and payer coverage. High-value therapies targeting rare conditions could generate revenues in the hundreds of millions annually, whereas broader indications could push into the billions.
Conclusion
NDC 00713-0765 occupies a competitive space shaped by regulatory, clinical, and economic factors. Its premium positioning is supported by patent protections, limited competition, and targeted indications. However, patent expiries and payer pressures will drive a downward pricing trend over the medium term. Stakeholders should monitor patent timelines, pricing negotiations, and potential biosimilar developments to optimize market strategies.
Key Takeaways
- The drug’s pricing remains stable in the short term but is poised for significant adjustments following patent expiration.
- Competition from biosimilars could halve or more the current price levels, impacting revenue projections.
- Market expansion through new indications or broader approval is essential for maximizing return on investment.
- Pricing strategies should align with evolving payer policies emphasizing value-based care.
- Continuous monitoring of regulatory developments and market entry of competing products is critical for accurate forecasting.
FAQs
1. What factors primarily influence the price of NDC 00713-0765?
Pricing is driven by manufacturing costs, regulatory exclusivity, clinical value, competitive landscape, and payer reimbursement policies.
2. How will patent expiry affect the drug’s market price?
Patent expiry facilitates biosimilar entry, which typically reduces the drug’s price by 30-50% or more, depending on market acceptance and regulatory environment.
3. Are there upcoming regulatory changes likely to impact this drug’s market?
Recent trends include increased emphasis on value-based pricing and cost containment. Pending or recent FDA approvals of new indications could also expand market potential.
4. What is the forecasted revenue trend for this medication?
Revenue is expected to grow while patent protections last, then decline post-biosimilar entry, with variability based on adoption rates and competitive responses.
5. How can manufacturers maximize profitability amid evolving market conditions?
By securing additional indications, negotiating favorable reimbursement contracts, and innovating to extend patent life or market exclusivity, manufacturers can sustain profitability.
References
- FDA Drug Database
- Market intelligence reports from IQVIA and EvaluatePharma
- Recent peer-reviewed publications on biologic and biosimilar market trends
- CMS reimbursement guidelines and policies
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