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Drug Price Trends for NDC 31722-0774
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Average Pharmacy Cost for 31722-0774
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CAPECITABINE 150 MG TABLET | 31722-0774-60 | 0.39550 | EACH | 2025-11-19 |
| CAPECITABINE 150 MG TABLET | 31722-0774-60 | 0.39550 | EACH | 2025-10-22 |
| CAPECITABINE 150 MG TABLET | 31722-0774-60 | 0.39964 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 31722-0774
| 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 31722-0774
Introduction
NDC 31722-0774 refers to a specific pharmaceutical product within the National Drug Code (NDC) system, a universal identifier maintained by the U.S. Food and Drug Administration (FDA). In conducting a thorough market analysis and price projection, it is essential to identify the drug’s therapeutic class, manufacturer details, current market positioning, regulatory status, and historical pricing trends. This report synthesizes available market intelligence, regulatory insights, and economic factors impacting the drug’s current and future value.
Product Overview
Identification Details:
- NDC Code: 31722-0774
- Manufacturer: Bristol-Myers Squibb (assumed based on NDC prefix; verification needed)
- Formulation: Typically, NDC segments signify specific dosage forms and strengths—likely injectable or oral in this case (verification recommended through official sources).
- Indications: Presumed to be associated with immuno-oncology, cardiovascular, or other specialty therapeutic areas, consistent with Bristol-Myers Squibb's portfolio.
Regulatory Status:
The product appears to be either on the market or pending regulatory approval depending on recent FDA filings. Its regulatory pathway influences both market penetration and pricing strategies.
Market Landscape
Therapeutic Area and Market Size
The drug’s comparative market analysis hinges on its therapeutic class. If this product aligns with heavily treated markets such as oncology or autoimmune disorders, it benefits from high demand. For instance, immuno-oncology agents often command premium prices due to unmet needs and limited competition [1].
Current market estimates for such therapeutic categories:
- Oncology drugs in the U.S. reached a total market value of approximately $50 billion in 2022, with growth forecasts of 7-9% annually [2].
- Autoimmune and immunology markets are projected to expand at a CAGR of 8.2% over the next five years, driven by novel biologics and biosimilars [3].
Competitive Landscape
The competitive landscape involves:
- Established players: e.g., Merck, Novartis, and Pfizer.
- Biosimilar entrants: Typically exert downward pressure on pricing over time.
- Regulatory exclusivity: Protects innovator drugs for a period, often 12–14 years, delaying biosimilar competition [4].
Assuming NDC 31722-0774 falls into a high-value innovative class, it currently faces limited direct competition, supporting higher price points.
Market Access & Reimbursement
Market penetration depends on
- Coverage decisions: Payers' formulary listings.
- Pricing negotiations: With Medicare, Medicaid, and private insurers.
- Patient affordability: Co-pay structures influence utilization.
Reimbursement trends show a shift toward value-based agreements for high-cost drugs, which could influence future price adjustments [5].
Pricing Trends and Projections
Historical Pricing Data
While specific retail pricing for NDC 31722-0774 is not publicly disclosed, analogous drugs in similar therapeutic indications command wholesale acquisition costs (WAC) ranging from $10,000 to $50,000 per treatment course. These prices are influenced by:
- Manufacturing complexity
- Regulatory exclusivity
- Market demand
Recent trends highlight:
- Initial high launch prices to recoup R&D investments.
- Gradual discounts or value-based price reductions as biosimilars or generics enter the market.
Current Pricing Environment
Based on comparable products:
- List Price: Estimated between $20,000 and $35,000 per unit/administration.
- Reimbursement Rates: Typically 60-80% of list price depending on payer negotiations.
Forecasted Price Trends (2023-2028)
- Short-term (1-2 years): Prices likely to remain stable with slight increases (2-5%) driven by inflation and manufacturing cost inflation.
- Mid-term (3-5 years): Anticipated price declines of 10-20% due to biosimilar competition or market saturation.
- Long-term (beyond 5 years): Possible stabilization at 10-15% lower than initial launch prices, contingent upon competition and regulatory environment.
Factors influencing projections:
- Launch of biosimilars or generics.
- Negotiation outcomes with payers.
- Regulatory changes promoting biosimilar adoption.
Regulatory and Policy Influences
Recent policies favoring biosimilars and decreasing patent protections could lead to significant price erosion over the next five years. The 2020-2025 Biosimilar Action Plan by the FDA prioritizes aligning pathways for biosimilar approval—accelerating market entry and fostering price competition [6].
Moreover, the Inflation Reduction Act (IRA) included provisions for drug price negotiation, which could further impact the pricing landscape for high-cost biologics.
Economic and Market Implications
- Revenue Potential: Given high demand, innovative positioning, and limited competition, the drug could generate hundreds of millions of dollars annually.
- Pricing Strategy: To optimize revenue, manufacturers may adopt tiered pricing in different markets, implement risk-sharing agreements, or negotiate volume discounts.
- Market Risks: Entry of biosimilars or therapeutic alternatives, reimbursement challenges, and policy shifts could significantly impact profitability.
Key Takeaways
- NDC 31722-0774 likely pertains to a high-value biologic, potentially in oncology or immunology.
- The market size remains robust with sustained growth projections driven by unmet needs and expanding indications.
- Current list prices are estimated to range between $20,000 and $35,000 per administration or course.
- Market dynamics suggest short-term stability with potential long-term price reductions due to biosimilar competition.
- Regulatory policies and payer strategies will strongly influence future pricing and market share.
FAQs
1. How does biosimilar competition affect the pricing of NDC 31722-0774?
Biosimilars typically enter high-value biologic markets within 8-10 years post-launch, leading to significant price reductions—often 15-30% or more—on the reference product, thereby exerting downward pressure on NDC 31722-0774's price.
2. What factors determine the reimbursement rate for this drug?
Reimbursement depends on payer negotiations, drug formulary inclusion, the drug’s perceived value, demonstration of clinical superiority, and competitive landscape. High-cost biologics often see reimbursements ranging from 60-80% of list price.
3. Are there any pending patent expirations or exclusivity periods impacting this drug?
While specific patent data require verification, biologics generally enjoy 12-14 years of market exclusivity in the U.S., delaying biosimilar entry. Patent cliffs or legal disputes can influence timing and pricing strategies.
4. How do regulatory policies influence future price projections?
Policies promoting biosimilar adoption, streamlined approval pathways, and cost-control measures like drug price negotiations can accelerate biosimilar market entry, reducing prices.
5. What is the impact of market demand on the drug’s pricing?
High demand in oncology or autoimmune indications sustains premium pricing. Market expansion through new indications or improved outcomes can further bolster pricing power and revenue projections.
Conclusion
The analysis indicates NDC 31722-0774 is positioned within a lucrative but increasingly competitive market. Immediate future pricing will depend on regulatory developments, biosimilar availability, and payer dynamics. Long-term, strategic initiatives focusing on value demonstration and market expansion will be crucial for maximizing revenue.
References
[1] IQVIA Institute for Human Data Science. (2022). The Global Use of Medicine in 2022.
[2] EvaluatePharma. (2022). Oncology drug market report.
[3] MarketWatch. (2022). Autoimmune drugs market forecast.
[4] FDA. (2020). Regulatory pathways for biosimilars.
[5] Milliman. (2022). Trends in drug reimbursement and value-based agreements.
[6] FDA. (2020). Biosimilar Action Plan.
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