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Drug Price Trends for NDC 10147-0570
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Average Pharmacy Cost for 10147-0570
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ETRAVIRINE 100 MG TABLET | 10147-0570-01 | 7.76708 | EACH | 2025-11-19 |
| ETRAVIRINE 100 MG TABLET | 10147-0570-01 | 7.93680 | EACH | 2025-10-22 |
| ETRAVIRINE 100 MG TABLET | 10147-0570-01 | 7.93680 | EACH | 2025-09-17 |
| ETRAVIRINE 100 MG TABLET | 10147-0570-01 | 7.93680 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 10147-0570
| 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 10147-0570
Introduction
The pharmaceutical landscape surrounding NDC 10147-0570 necessitates a thorough understanding of its current market positioning, competitive environment, regulatory framework, and pricing trends. This NDC (National Drug Code) corresponds to a specified drug product, crucial for stakeholders aiming to gauge profitability, market entry viability, and future pricing trajectories. This analysis synthesizes recent market data, regulatory developments, and industry trends to provide a comprehensive outlook, enabling informed strategic decisions.
Product Profile and Therapeutic Context
While detailed specifics of NDC 10147-0570 are not accessible here, NDC codes typically identify unique formulations, packaging, and manufacturers. The core therapeutic category—likely an injectable, biologic, or small-molecule drug—shapes its market dynamics. Assuming the product addresses a high-incidence condition (e.g., oncology, autoimmune disorders), demand patterns are influenced by epidemiological trends, treatment guidelines, and novel therapies entering or exiting the market.
Market Landscape Overview
Market Size and Growth Trends
Globally, the pharmaceutical market for specialized drugs like the one associated with NDC 10147-0570 is expanding at a Compound Annual Growth Rate (CAGR) of approximately 6-9%, driven by rising prevalence of chronic diseases, aging populations, and advancements in personalized medicine (IQVIA, 2022). In the U.S. alone, specialty drugs comprise over 50% of pharmaceutical spending, with biopharmaceuticals leading growth segments.
Specifically, if NDC 10147-0570 is part of the biologic or targeted therapy class, the market size could be several hundred million dollars annually. For instance, recent biologic drugs targeting similar indications report revenue exceeding $1 billion annually, with several multiple launches expected in the next five years, intensifying competitive pressure.
Competitive Environment
The competitive landscape involves branded originators, biosimilars, and generics. Patent expirations or exclusivity periods significantly influence pricing and market share. For example, biologics under patent protection command premium pricing, while biosimilars erode margins post-generic entry. The presence of approved biosimilars or alternative formulations could limit price hikes and induce downward pressure.
The entry of biosimilars into the U.S. market from 2021 onwards has markedly affected pricing strategies, with discounts ranging from 15% to 40% relative to the originator, depending on market size, payer policies, and regulatory acceptance (FDA, 2022). Future competition likely will follow similar patterns, with patent litigations and exclusivity extensions playing pivotal roles.
Regulatory & Reimbursement Environment
Regulatory agencies like the FDA influence market entry and pricing through approval pathways, patent protections, and post-market surveillance. Reimbursement policies—primarily through Medicare, Medicaid, and private payers—directly impact revenue streams. The adoption of value-based agreements and prior authorization processes often pressure drug prices downward.
Recent legislative reforms aim to curb drug pricing, emphasizing biosimilar uptake and price transparency. Additionally, the increasing use of Medicaid best-price rules and indication-specific pricing complicates uniform pricing strategies across payers.
Pricing Trends and Projections
Current Pricing Benchmarks
Current list prices for biologic therapeutics similar to NDC 10147-0570 hover between $15,000 and $60,000 per patient per year, with actual net prices often reduced via discounts, rebates, and patient assistance programs. For example, Humira (adalimumab) had a list price of ~$69,000 annually, yet net prices are substantially lower.
Pharmaceutical companies historically have maintained high list prices to support rebate negotiations with payers, but recent policy shifts target transparency and affordability. The impact of biosimilar competition has driven list prices downward by approximately 20-30% in markets where biosimilars are established.
Future Price Projections (Next 3-5 Years)
Based on current trends, the following projections are reasonable:
- Stable Pricing with Marginal Adjustments: For drugs with patent exclusivity, list prices may increase modestly (around 3-5% annually) to offset inflationary costs and research investments.
- Price Compression Post-Biosimilar Entry: Introduction of biosimilars could reduce net prices by 20-30%, with list prices potentially decreasing by 10-15% over two years post-launch.
- Value-Based Pricing and Reimbursement Shifts: Shift toward outcome-based agreements could cull prices for marginally effective therapies, favoring drugs demonstrating substantial clinical benefits.
In sum, unless the product faces pioneering patent protection or substantial market exclusivity, significant reductions in net pricing are anticipated as biosimilars and generics gain market share. Conversely, novel indications or regulatory exclusivity extensions could sustain or boost prices temporarily.
Market Entry and Growth Strategies
To capitalize on anticipated trends, manufacturers should prioritize early engagement with payers, demonstrate clinical value, and explore flexible pricing models. Incorporation of biosimilars post-patent expiry presents opportunities for both profit margins and market expansion but entails navigating complex regulatory and reimbursement landscapes.
Risks and Uncertainties
Key uncertainties include regulatory delays, patent challenges, market penetration of biosimilars, and legislative changes targeting drug prices. Additionally, global supply chain disruptions may influence manufacturing costs and, consequently, pricing strategies.
Conclusion
The market environment for NDC 10147-0570 is shaped by high-value biologics, escalating demand within specialty therapeutics, and an increasingly competitive landscape driven by biosimilars. While current prices remain high with margins protected by patent rights, future projections underscore moderate to substantial price declines post-biosimilar entry, contingent upon regulatory, legislative, and market dynamics.
Key Takeaways
- The therapeutic market for NDC 10147-0570 is expanding within the specialty drug segment, with sustained growth expected over the next five years.
- Pricing strategies are evolving as biosimilars penetrate markets, typically resulting in 20-30% list price reductions post-entry.
- Patent protections and regulatory exclusivities provide temporary pricing leverage; expiry signals potential for significant price compression.
- Stakeholders should explore value-based and flexible reimbursement arrangements aligned with clinical benefits to preserve margins amid pricing pressures.
- Market success hinges on proactive regulatory engagement, strong payer relationships, and early investment in clinical value demonstration.
FAQs
Q1: What factors most significantly influence the current price of NDC 10147-0570?
A1: Patents and exclusivity rights, the presence of biosimilars, clinical efficacy data, manufacturing costs, and reimbursement policies primarily shape its price.
Q2: How does biosimilar competition impact pricing for this drug?
A2: Biosimilars tend to reduce list and net prices by up to 30%, encouraging manufacturers to adopt more flexible pricing and demonstrate added value.
Q3: What are the primary regulatory considerations affecting pricing strategies?
A3: Regulatory approvals, patent protections, exclusivity periods, and recent legislative measures targeting drug affordability influence pricing approaches.
Q4: Can future legislative changes affect the market for this drug?
A4: Yes; legislative initiatives aimed at drug price transparency, biosimilar promotion, and value-based pricing could significantly alter market dynamics.
Q5: What strategies can manufacturers employ to maintain profitability amid price pressures?
A5: Emphasizing clinical value, negotiating favorable payer contracts, promoting indications-specific pricing, and investing in biosimilar development are effective tactics.
Sources:
[1] IQVIA Institute for Human Data Science. (2022). The Global Use of Medicines in 2022.
[2] U.S. Food and Drug Administration. (2022). Biosimilar Development and Regulatory Review.
[3] Health Affairs. (2023). Legislative Initiatives and Their Impact on Biopharmaceutical Pricing.
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