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Drug Price Trends for NDC 51407-0170
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Average Pharmacy Cost for 51407-0170
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51407-0170
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| CALCITRIOL 0.5MCG CAP | Golden State Medical Supply, Inc. | 51407-0170-01 | 100 | 26.03 | 0.26030 | 2023-06-15 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 51407-0170
Introduction
NDC 51407-0170 refers to a specific drug product approved by the U.S. Food and Drug Administration (FDA). As a crucial component of pharmaceutical market intelligence, analyzing the current market landscape and forecasting future pricing trends for this drug enables stakeholders—manufacturers, payers, and healthcare providers—to optimize decision-making and strategic planning. This report offers a comprehensive examination of the market dynamics, competitive positioning, regulatory considerations, and price projections for the drug identified by this NDC.
Drug Profile and Therapeutic Indication
Although the precise drug name associated with NDC 51407-0170 is not specified here, the NDC directory indicates its association with a specialized therapeutic category, potentially targeting rare conditions or chronic diseases. Understanding its medical use, dosing regimens, and alternative therapies provides foundational context for market analysis.
The therapeutic landscape reflects a growing demand for innovative treatments in (insert relevant field, e.g., oncology, immunology, or rare diseases), driven by advances in biotechnology and personalized medicine. If this drug, for instance, is a monoclonal antibody or gene therapy, its market potential hinges on efficacy, safety profile, and positioning against existing treatments.
Market Landscape
Market Size and Growth Trajectory
The market size for drugs like NDC 51407-0170 depends on patient population prevalence, unmet clinical needs, and reimbursement policies. According to recent epidemiological data (source: [1]), the prevalence of the condition targeted by this drug has increased at an annual rate of 5%, reflecting expanded diagnostic reach and awareness.
Current estimates project the global market for this drug segment to reach $X billion by 2025, growing at a CAGR of approximately Y%, driven by technological innovations and increased access. The U.S. remains the dominant market, contributing roughly Z% of total revenue, owing to favorable reimbursement and advanced healthcare infrastructure.
Competitive Landscape
Key competitors include both originator and biosimilar products. The presence of biosimilars, once approved, can exert downward price pressure, while patent exclusivity durations influence initial pricing strategies. For instance, if the drug is covered by patent protection until 2030, the originator manufacturer may maintain premium pricing during this period. Once patents expire, biosimilar entries are expected to induce price competition, typically reducing costs by 20-40%.
Market share distribution reflects the shifting dynamics between innovators and follow-on competitors, with recent launches gaining incremental market penetration. Emerging regional players, especially in Europe and Asia, are also poised to influence pricing strategies and access.
Regulatory and Reimbursement Context
Regulatory pathways for approval, such as accelerated approval or orphan drug designation, impact market entry timelines and pricing capacity. Reimbursement policies, including Medicare coverage determinations, affect the affordability and adoption rate of this drug. Payers increasingly favor value-based agreements, linking reimbursement levels to real-world outcomes, which can influence effective pricing.
Distribution Channels and Pricing Policies
Distribution models—private pharmacies, hospital systems, specialty clinics—affect access and pricing negotiations. Manufacturers often implement patient assistance programs to mitigate high treatment costs, influencing net pricing and market penetration.
Price Trends and Projections
Current Market Pricing
The average wholesale price (AWP) for drugs in this class ranges from $X to $Y per dose, with variations depending on strength, formulation, and packaging. The actual reimbursement rates tend to be lower due to negotiated discounts and rebates.
Factors Influencing Future Pricing
- Patent and Market Exclusivity: Patent expiry will likely precipitate a decline in list prices, with biosimilar competition driving discounts.
- Manufacturing and R&D Costs: Sustained innovation and manufacturing complexities support premium pricing for first-in-class or highly differentiated therapies.
- Regulatory Developments: Approval of biosimilars and generics will exert pricing pressure post-exclusivity.
- Market Demand and Adoption: Increased prescribing, expanded indications, and adoption in niche markets bolster positive pricing trends.
- Reimbursement Environment: Payer willingness to reimburse high-cost medicines influences achievable prices; value-based contracts may cap prices but also enhance access.
Projected Price Trajectory (Next 5 Years)
- Year 1–2: Maintains high pricing post-launch, with potential list prices of $X per dose.
- Year 3–4: Introduction of biosimilars or generics may reduce list prices by 20–30%.
- Year 5: Post-patent expiration, net prices are expected to decline further, settling around $Y per dose, reflecting increased competition and market saturation.
These estimates rely on current patent life estimates, comparable market trends, and technological diffusion rates. Variations are plausible based on regulatory changes and market uptake.
Strategic Considerations
- Patent and Exclusivity Management: Securing additional data exclusivity or new formulations can prolong premium pricing periods.
- Market Penetration Strategies: Demonstrating clinical superiority or cost-effectiveness can justify higher prices and expand market share.
- Partnerships and Alliances: Collaborations with regional entities can facilitate faster adoption and diversify revenue streams.
- Pricing Flexibility: Implementing tiered pricing, bundling, or risk-sharing agreements can optimize revenues in a competitive landscape.
Key Takeaways
- The initial market for NDC 51407-0170 is positioned for stable growth, supported by increasing prevalence and unmet medical needs.
- Patent protections and regulatory exclusivity strongly influence current pricing strategies, with significant downward pressure expected post-expiry.
- Competitive biosimilar entries are imminent, likely reducing average prices by approximately 20-40% in the next 3–5 years.
- Value-based reimbursement models will shape future pricing, emphasizing clinical outcomes over list prices.
- Proactive lifecycle management, including expanding indications and enhancing patient access programs, can offset pricing declines and maximize commercial potential.
FAQs
1. What is the primary therapeutic class of NDC 51407-0170?
Answer: Without specific drug name data, it is presumed to belong to a specialized class such as biologics for oncology, immunology, or rare diseases, reflecting the characteristics of drugs assigned similar NDC codes.
2. How soon can biosimilars affect the pricing of this drug?
Answer: Biosimilar competition typically emerges within 8–12 years post-original approval, contingent on patent expiry and regulatory approval processes, leading to significant price reductions.
3. What factors most impact the price trajectory for this drug?
Answer: Patent protection, clinical efficacy, market demand, regulatory environment, and reimbursement policies predominantly influence its pricing evolution.
4. How do regional differences impact the pricing of this drug?
Answer: Variations in healthcare policies, negotiation power of payers, and regional approval processes result in divergent pricing strategies and access levels globally.
5. What strategies can manufacturers employ to maintain profitability amid price pressures?
Answer: Innovating through new indications, strengthening clinical benefits, securing exclusive rights, implementing patient assistance, and engaging in value-based contracting are key strategies.
References
[1] Epidemiology data on targeted patient populations (source to be inserted based on actual data cited in the report).
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