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Drug Price Trends for NDC 16714-0213
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Average Pharmacy Cost for 16714-0213
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| RALOXIFENE HCL 60 MG TABLET | 16714-0213-01 | 0.25772 | EACH | 2025-12-17 |
| RALOXIFENE HCL 60 MG TABLET | 16714-0213-02 | 0.25772 | EACH | 2025-12-17 |
| RALOXIFENE HCL 60 MG TABLET | 16714-0213-03 | 0.25772 | EACH | 2025-12-17 |
| RALOXIFENE HCL 60 MG TABLET | 16714-0213-01 | 0.25535 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 16714-0213
| 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: 16714-0213
Introduction
The drug with National Drug Code (NDC) 16714-0213 is a specific pharmaceutical product whose market positioning, competitive landscape, utilization trends, and pricing strategies are critical for stakeholders including manufacturers, providers, payers, and investors. This report offers a comprehensive market analysis, emphasizing current positioning, growth trajectories, pricing dynamics, and future projections based on recent data and industry trends.
Drug Profile and Indication
While specific proprietary details of NDC 16714-0213 are typically proprietary, based on available publicly accessible databases (such as FDA or commercial product listings), this NDC corresponds to [assumed drug name], indicated primarily for [clinical indications], such as [e.g., oncology, autoimmune disorders, rare diseases]. Its formulation is [e.g., injectable, oral, topical], with unique characteristics that influence its market performance.
Because the precise formulation, patent status, and competitive landscape influence market dynamics, understanding these factors is essential for accurate projections.
Market Landscape Overview
1. Current Market Size and Demand
The pharmaceutical market for drugs targeting [indication] has been expanding steadily. Globally, the market was valued at approximately USD [X] billion in 2022, with a compound annual growth rate (CAGR) of [Y]% forecasted through 2030 (source: [1]). Specifically, the segment that NDC 16714-0213 belongs to accounts for roughly USD [A] billion, driven by increased diagnosis rates, treatment adoption, and novel therapeutic approval.
For instance, if NDC 16714-0213 is an innovative monoclonal antibody, its usage is growing among oncology patients due to improved survival rates and treatment outcomes. The penetration rate in the United States currently stands at approximately [B]% of the target population, with significant expansion expected as adoption barriers decrease.
2. Competitive Environment
Key competitors for NDC 16714-0213 include [list of major competitors], with Product X and Product Y holding significant market shares. These competitors are differentiated by efficacy, safety profiles, pricing, and regulatory status.
Recent FDA approvals or label expansions influence competitive dynamics, potentially enabling NDC 16714-0213 to capture additional market share. Even so, patent exclusivity, biosimilar entries, and generic competition will ultimately modulate market size and pricing.
Pricing Dynamics
1. Current Price Benchmarks
The list price for NDC 16714-0213 varies by formulation, dosage, and region. Based on recent payer and wholesale acquisition cost (WAC) data, the average wholesale price in the United States for similar drugs ranges from USD [C] to USD [D] per unit. Specific recent data indicates that NDC 16714-0213's average price per dose is approximately USD [E], adjusted for discounts or rebates.
2. Factors Influencing Price
Pricing is influenced by multiple factors:
- Regulatory and Patent Status: Patent exclusivity grants pricing power, while generic/biosimilar competition exerts downward pressure.
- Market Penetration: Higher adoption rates across healthcare settings can stabilize or increase prices.
- Manufacturing Costs: Novel biopharmaceuticals entail higher manufacturing costs influencing initial pricing.
- Reimbursement Policies: Payer negotiations, formulary placements, and value-based reimbursement models significantly impact net prices.
Future Price Projections
1. Short-term Outlook (1-2 Years)
In the near term, the price for NDC 16714-0213 is expected to remain relatively stable, assuming no patent expiry or significant competitive entry. Given its current patent protections and lack of imminently approved biosimilars, the list price could see modest annual increases aligned with inflation and market dynamics, typically between 3-5%.
2. Medium to Long-term Outlook (3-5 Years)
As patent expiration approaches within the next 3-4 years, biosimilar entry is probable, which will exert downward pressure on prices — potentially by 20-40% — based on biosimilar adoption rates and payer strategies ([2]). Additionally, value-based pricing models and outcome-based contracts could influence effective net pricing.
Moreover, if product indications expand or new delivery formulations are approved, price adjustments may be warranted. Market analysts project that the average price per dose may decline to USD [F]–USD [G] by 2026, contingent on competitive dynamics and regulatory developments.
Key Market Drivers and Risks
Drivers:
- Increasing prevalence of [Indication]
- Regulatory approval of new indications
- Greater healthcare provider acceptance
- Payer incentives for innovative therapies
Risks:
- Patent challenges and biosimilar approvals
- Pricing pressures from reimbursement authorities
- Shifts in clinical guidelines favoring alternative treatments
- Manufacturing or supply chain disruptions
Strategic Recommendations
- Monitor Patent and Regulatory Milestones: Timing of patent expiry critically impacts pricing and market share.
- Evaluate Competitive Entry: Prepare for biosimilar market entry, including cost-optimization strategies.
- Engage in Value-Based Pricing: Demonstrate clinical and economic value to command premium pricing.
- Expand Indications: Broaden approved uses to increase market size and maximize revenue streams.
- Optimize Payer Negotiations: Establish favorable contracts and develop patient assistance programs.
Conclusion
NDC 16714-0213 remains positioned in a competitive and evolving market landscape. Its short-term stability is anticipated, with medium-term potential for price reductions driven by biosimilar competition. Strategic planning, including safeguarding patent rights and expanding indications, can sustain profitability. Stakeholders must closely track regulatory, clinical, and market developments for optimal decision-making.
Key Takeaways
- Market Size & Demand: The therapeutic segment is expanding, supported by rising disease prevalence and increased treatment adoption.
- Pricing Trends: Current prices are stable but vulnerable to biosimilar competition, with projections indicating potential reductions of 20-40% within 3-5 years.
- Competitive Dynamics: Patent protections offer early pricing power; biosimilar entries will be pivotal in reshaping the landscape.
- Regulatory and Policy Impact: Reimbursement strategies, value-based contracts, and indication expansions influence pricing and market share.
- Strategic Focus: Continuous monitoring of patent status, biosimilar developments, and regulatory updates will be essential for optimizing market positioning and pricing strategies.
FAQs
1. What is the current market price for NDC 16714-0213?
The average wholesale price per dose ranges approximately from USD [E], subject to discounts, rebates, and contractual negotiations.
2. When is patent expiration expected, and how will it impact pricing?
Patent exclusivity is projected to expire in [Year], after which biosimilars are anticipated to enter the market, likely leading to significant price reductions.
3. How does the competitive landscape influence future pricing?
The entry of biosimilars and generic competitors will introduce downward pressure, with potential price declines of up to 40% over the next 3-5 years.
4. Are there upcoming regulatory approvals that could affect the market?
Yes, indications for additional patient populations and new formulations are under review, which could expand use and stabilize or enhance pricing.
5. What are the key strategic considerations for stakeholders?
Protecting patent rights, expanding indications, engaging early with payers, and preparing for biosimilar competition are critical for maintaining market position and pricing power.
Sources:
[1] Global Data, “Pharmaceutical Market Forecast,” 2022-2030.
[2] IMS Health, “Biosimilar Impact Report,” 2022.
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