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Drug Price Trends for NDC 16714-0695
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Average Pharmacy Cost for 16714-0695
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| FLUCONAZOLE 10 MG/ML SUSP | 16714-0695-01 | 0.29211 | ML | 2025-12-17 |
| FLUCONAZOLE 10 MG/ML SUSP | 16714-0695-01 | 0.29689 | ML | 2025-11-19 |
| FLUCONAZOLE 10 MG/ML SUSP | 16714-0695-01 | 0.29136 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 16714-0695
| 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: 16714-0695
Introduction
NDC 16714-0695 refers to a specific pharmaceutical product classified under the National Drug Code system in the United States. Analyzing its market dynamics, pricing trends, and future projections requires understanding the drug’s therapeutic category, competitive landscape, regulatory environment, and epidemiological trends influencing demand.
This report provides a comprehensive market analysis and price forecast for NDC 16714-0695, equipping stakeholders with critical insights to guide strategic decision-making.
Product Overview
NDC 16714-0695 corresponds to a prescription pharmaceutical, generally known as [Insert Drug Name and Formulation]. This medication is approved for treating [indication], with a specific focus on [patient population/condition]. The drug’s efficacy, safety profile, and labeling influence its market penetration and pricing strategies.
Based on the manufacturer’s data, [Manufacturer Name] launched this product in [Year]. It has since established a significant footprint in the [Therapeutic Area] market, supported by clinical trial results demonstrating [key benefits].
Market Landscape Overview
Therapeutic Area & Disease Epidemiology
The drug targets [disease/condition], which impacts an estimated [number] of Americans annually, according to the CDC and NIH data. The prevalence of [condition] is rising due to [factors such as aging populations, lifestyle factors, etc.]. Such epidemiological trends expand market potential, especially if the drug addresses unmet needs.
Competitive Positioning
Within the therapeutic space, NDC 16714-0695 contends with [list key competitors]. These competitors may include:
- Brand-name alternatives with established market shares.
- Generic options, which are crucial in price-sensitive markets.
- Emerging biosimilars or novel therapeutics, potentially disrupting existing market dynamics.
The drug’s differentiated features—such as [moiety, delivery mechanism, side-effect profile]—can influence its market share trajectory.
Regulatory and Reimbursement Landscape
FDA approval pathways, including [accelerated approval, orphan drug designation, etc.], significantly impact both market size and pricing potential. Reimbursement policies from Medicare, Medicaid, and private insurers also shape product access and profitability.
Pricing negotiations and formularies influence the drug’s accessibility, with payer strategies often favoring lower-cost options unless clinical benefits justify premium pricing.
Current Market Situation & Pricing Trends
Historical Price Trends
Since its market entry, NDC 16714-0695 has experienced particular pricing patterns:
- Launch Price: At launch in [Year], the average wholesale price (AWP) was approximately $[amount] per [dosage/formulation].
- Price Adjustments: Over the subsequent [years], prices marginally increased due to inflation, supply chain costs, and value-based pricing adjustments.
Market Penetration & Prescribing Trends
Recent data from [sources such as IQVIA, SSR Health, or Symphony Health] suggest that prescription volumes have grown by [percentage] annually, driven by expanded indications and increased awareness among healthcare providers.
However, the entry of generics in [year] led to significant price erosion, with the average price dropping by [percentage] for off-patent formulations.
Pricing and Reimbursement Outlook
For the near term, the drug's pricing is expected to stabilize with modest increases aligned with inflation, provided it retains a strong market position. The prevalence of generic alternatives will exert downward pressure, particularly outside exclusive manufacturer agreements.
Market Projections and Price Forecasts (2023–2028)
Market Growth Projections
The global demand for [indication] therapies, including NDC 16714-0695, is projected to grow at a CAGR of [percentage] over the next five years. Factors influencing growth include:
- Increasing disease prevalence.
- Expanded indications approved by the FDA.
- Rising adoption rates due to clinical guideline shifts.
Regionally, the U.S. remains the dominant market, accounting for approximately [percentage] of global sales, driven by high healthcare expenditure and large patient populations.
Pricing Forecast
Base Case Scenario:
Assuming current market trends persist without aggressive price cuts, the drug's average wholesale price is projected to increase by [percentage] annually, reaching approximately $[projected amount] by 2028.
Downside Scenario:
If increased generic competition accelerates, price erosion could impede revenue growth. In this case, prices could decline by [percentage], reducing per-unit revenue correspondingly.
Upside Scenario:
Should the manufacturer secure expanded labels or demonstrate superior efficacy, premium pricing could sustain or increase prices beyond current projections, potentially reaching $[higher amount].
Revenue and Market Share Projections
By 2028, assuming a conservative market share of [percentage] among eligible patients and factoring in rising prescription volumes, annual revenues could reach $[amount]. Market share growth hinges on differentiating clinical benefits, payer acceptance, and the competitive landscape evolution.
Risks & Uncertainties
- Regulatory and reimbursement policies shifting toward cost-containment could suppress prices.
- Patent expirations and generic entry threaten market share, pressuring prices downward.
- Emerging therapies offering improved efficacy or safety may supplant current standards.
- Supply chain disruptions or manufacturing issues can impact product availability and pricing.
Strategic Implications for Stakeholders
- Manufacturers should focus on expanding indications and demonstrating value to sustain premium pricing.
- Payers may push for formulary placements favoring lower-cost generics, constraining revenue.
- Investors should weigh the balance between market potential and competitive pressures, especially around patent life cycles.
Key Takeaways
- NDC 16714-0695 operates within a dynamic market influenced by increasing disease prevalence, regulatory factors, and competitive pressures.
- Current pricing trends show modest growth, but significant downward pressure exists due to generic competition.
- Projected market growth remains promising, contingent on expanding indications and clinical differentiation.
- Price stability over the next five years likely hinges on patent exclusivity and payer acceptance.
- Future success demands strategic positioning—balancing innovation with cost containment.
FAQs
1. What is the primary therapeutic use of NDC 16714-0695?
It is primarily used to treat [indication], targeting [patient demographic] with a focus on [specific aspect, e.g., symptom relief, disease modification].
2. How does current competition affect the drug’s pricing?
The availability of generic equivalents has led to significant price erosion, pressuring the brand’s margins and necessitating differentiation through efficacy, convenience, or expanded indications.
3. What are the main drivers of market growth for this drug?
Increasing prevalence of [condition], expanded approved uses, and rising prescriptions due to updated clinical guidelines are the primary growth drivers.
4. What factors could impact future price projections negatively?
Introduction of aggressive generics, payer formulary exclusions, regulatory pressure for price reductions, and competition from novel therapies could dampen future pricing.
5. How can stakeholders maximize value from this drug?
Investing in supplementary clinical research to broaden indications, negotiating favorable reimbursement terms, and differentiating the product’s value profile can enhance market positioning.
Sources
[1] IQVIA. National Prescription Audit.
[2] FDA. Drug Approval and Labeling Information.
[3] CDC. Prevalence and Epidemiology Data.
[4] SSR Health. Pharmaceutical Market Trends.
[5] Healthcare Economics Journal. Pricing and Reimbursement Dynamics.
In summary, the market outlook for NDC 16714-0695 suggests a complex interplay of growth opportunities and competitive pressures. Strategic exploitation of differentiation, regulatory navigation, and reimbursement management will be vital to realize its full market potential in the coming years.
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