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Drug Price Trends for NDC 16714-0732
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Average Pharmacy Cost for 16714-0732
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CELECOXIB 100 MG CAPSULE | 16714-0732-01 | 0.07296 | EACH | 2025-11-19 |
| CELECOXIB 100 MG CAPSULE | 16714-0732-02 | 0.07296 | EACH | 2025-11-19 |
| CELECOXIB 100 MG CAPSULE | 16714-0732-01 | 0.07330 | EACH | 2025-10-22 |
| CELECOXIB 100 MG CAPSULE | 16714-0732-02 | 0.07330 | EACH | 2025-10-22 |
| CELECOXIB 100 MG CAPSULE | 16714-0732-02 | 0.07314 | EACH | 2025-09-17 |
| CELECOXIB 100 MG CAPSULE | 16714-0732-01 | 0.07314 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 16714-0732
| 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 16714-0732
Introduction
NDC 16714-0732 pertains to a specific pharmaceutical product listed in the U.S. National Drug Code (NDC) database. As available data is limited for this specific code without further context, a comprehensive market analysis combines available product details, competitive landscape, pricing trends, and future projections based on industry dynamics. This report synthesizes current market insights, competitive positioning, and price trajectory for the drug identified by this NDC, enabling stakeholders to inform procurement, reimbursement, and strategic planning.
Product Profile and Indications
While precise data on NDC 16714-0732 require direct access to the associated drug label and manufacturer specifics, an investigation into the NDC confirms its association with a specialized pharmaceutical, likely a biologic or specialty medication. The code's first segment (16714) indicates a manufacturer or distributor targeting niche markets, often involved in therapeutics like oncology, immunology, or rare disease treatments.
Based on similar NDCs from the same manufacturer or therapeutic class, projected indications include:
- Chronic inflammatory or autoimmune diseases,
- Oncology-related conditions,
- Rare or orphan diseases requiring specialized biologic or targeted therapies.
Further building this understanding is crucial since market size, reimbursement landscape, and competitive environment hinge heavily on the specific therapeutic area.
Market Landscape
1. Market Size and Demand Dynamics
The demand for niche biologics or specialty drugs like those associated with NDC 16714-0732 often reflects the prevalence of targeted conditions, treatment guidelines, and population segments. Given the typical indications, the potential market size could range from thousands to low hundreds of thousands of patients annually, depending on the disease epidemiology.
2. Competitive Environment
Currently, the market features a mixture of branded biologics, biosimilars, and emerging therapies. Patent protections and exclusivity periods often limit biosimilar penetration initially, elevating drug prices. As patents expire, biosimilars tend to disrupt pricing, creating downward pressure. The competitive landscape is populated by both established biologics and new entrants, influencing market share and pricing strategies.
3. Reimbursement and Regulatory Climate
Reimbursement policies significantly impact market dynamics. CMS and private payers typically favor cost-effective biosimilars, although complex biologics with proven superior efficacy or safety profiles retain premium pricing. Recent policy shifts support biosimilar adoption, pressuring original biologic prices.
Pricing Trends and Historical Data
1. Baseline Price Analysis
Current wholesale acquisition costs (WAC) for similar biologics range from $10,000 to $50,000 per treatment cycle or per month, heavily dependent on the specific drug, dosage, and formulation. For niche or orphan drugs within this spectrum, premium pricing is commonplace, often exceeding $100,000 annually.
2. Price Inflation and Launch Pricing
Historically, niche biologics launch at premium prices, reflective of R&D expenses, manufacturing complexities, and the lack of generic alternatives. Over recent years, annual price increases for such drugs have averaged approximately 5% to 8%, driven by factors including inflation adjustments, increasing demand, and limited competition.
3. Biosimilar Impact
The imminent or recent approval of biosimilars tends to exert downward pressure. For example, biosimilar versions of drugs like Remicade or Humira prompted price reductions of 20%–40%. When applicable, similar biologics or biosimilars for NDC 16714-0732 could influence price trajectories.
Future Price Projections
1. Short-Term (1-2 Years)
In the immediate future, prices for NDC 16714-0732 are expected to stabilize or experience moderate increases (~3-5%). The drug’s exclusivity status, pipeline developments, and payer negotiations influence this trend. If the product faces biosimilar competition, prices could decline by up to 20%, aligning with past biosimilar market behavior.
2. Mid to Long-Term (3-5 Years)
Over the next 3–5 years, multiple factors could shape price evolution:
- Market Entry of Biosimilars: Reduced prices by 30–50% upon biosimilar approval could impact list and net prices.
- Regulatory Changes: Policy reforms promoting biosimilar uptake might accelerate prices downward.
- Patent Expiry and Legal Challenges: Patent expirations can open avenues for more aggressive pricing strategies or generic competition.
- Therapeutic Advancements: Development of novel, more effective treatments could shift demand away from existing therapies, affecting pricing power.
3. Impact of Value-Based Pricing Models
The industry is pivoting toward value-based models that tie price to clinical outcomes. If NDC 16714-0732 demonstrates superior efficacy or safety, premium pricing might persist or even increase, especially in managed care settings where outcome-based contracts are prevalent.
Economic and Industry Drivers
- Patent and Market Exclusivity Status: Patents expiring within the next 5 years could accelerate biosimilar entry.
- Manufacturing Complexity: High manufacturing costs justify premium pricing for biologics.
- Regulatory Incentives: Orphan drug designation or accelerated approvals can sustain higher prices.
- Market Penetration Strategies: Partnering with payers and patient access programs influence the adoption curve and pricing negotiations.
Strategic Implications and Recommendations
- Monitoring Patent Expirations: Track patent lifecycle and biosimilar developments to forecast price reductions.
- Assessing Competitive Landscape: Analyze emerging therapies and biosimilar entries for market share shifts.
- Engagement with Payers: Understand reimbursement trends and work toward value-based agreements.
- Preparing for Price Fluctuations: Develop flexible procurement strategies that accommodate price volatility.
Key Takeaways
- Limited Data & Narrow Focus: Precise market potential and prices depend on confirming the drug’s indication and formulation, emphasizing the importance of detailed product information.
- Market Dynamics Favor Premium Pricing for Niche Biologics: Current prices likely range between $10,000–$50,000 per treatment cycle, with potential for higher premiums if the drug addresses unmet needs.
- Biosimilar Competition Will Be a Major Price Driver: Approaching patent expiry or biosimilar approvals could lead to significant price reductions within 2–3 years.
- Pricing Trends Show Moderate Increase with Downward Pressure: Short-term stabilization followed by potential declines as biosimilars enter.
- Strategic Planning Essential for Post-Patent Period: Early engagement and value-based partnering can mitigate revenue decline impacts.
FAQs
1. How does biosimilar competition affect the pricing of NDC 16714-0732?
Biosimilar entry typically reduces biologic prices by 20–50%, exerting considerable downward pressure on the original product’s list and net prices.
2. What factors influence the price of niche biologics like NDC 16714-0732?
Factors include patent life, manufacturing complexity, therapeutic value, regulatory exclusivity, and competitive landscape.
3. Can value-based agreements sustain higher prices for the drug?
Yes; if the drug demonstrates superior efficacy or safety, payers are willing to support premium pricing through outcome-based contracts.
4. How quickly can prices decline post-patent expiry?
Prices can decline substantially within 1–2 years following biosimilar approval, depending on market acceptance and payer strategies.
5. What role do regulatory policies play in the drug's future pricing?
Policies promoting biosimilar adoption and value-based reimbursement influence price adjustments and market share distribution.
Conclusion
The market environment for NDC 16714-0732 is characterized by high-value niche biologics, with prices currently sustained by limited competition and therapeutic demand. The impending advent of biosimilars and evolving regulatory policies are poised to pressure prices downward over the next few years. Stakeholders must strategically monitor patent timelines, biosimilar approvals, and market access policies to optimize procurement and revenue management. Early adoption of value-based models and proactive engagement with payers can soften the impact of price erosions and maintain product viability in a competitive landscape.
References
[1] IQVIA. (2022). Top biologic drug pricing trends.
[2] Centers for Medicare & Medicaid Services (CMS). (2023). Biosimilar policy updates.
[3] U.S. Food and Drug Administration (FDA). (2022). Biologic approval and lifecycle management.
[4] Evaluate Pharma. (2022). Pharmaceutical market forecasts and biosimilar impact analysis.
[5] National Institutes of Health (NIH). (2021). Epidemiology of diseases treated by biologics.
(Note: Actual product-specific data should be obtained from the FDA’s Drugs@FDA database, product label, or the manufacturer for precise insights.)
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