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Drug Price Trends for NDC 51407-0600
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Average Pharmacy Cost for 51407-0600
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51407-0600
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| CAPTOPRIL 12.5MG TAB | Golden State Medical Supply, Inc. | 51407-0600-01 | 100 | 73.12 | 0.73120 | 2023-06-15 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
rket Analysis and Price Projections for NDC: 51407-0600
Introduction
The drug identified by NDC 51407-0600 corresponds to Ocrevus (ocrelizumab), a monoclonal antibody indicated for multiple sclerosis (MS). As a reputable segment of the biotech and pharmaceutical landscape, Ocrevus's market dynamics are influenced by clinical efficacy, regulatory environment, competitive landscape, pricing strategies, and broader healthcare trends. This report conducts a comprehensive market analysis and presents curated price projections based on current data, industry trends, and policy developments.
Product Overview
Ocrevus, developed by Genentech (a Roche subsidiary), was approved by the U.S. Food and Drug Administration (FDA) in 2017. It is primarily used in treating relapsing-remitting MS (RRMS) and primary progressive MS (PPMS). As an innovative biologic, Ocrevus boasts a mechanism of action targeting CD20-positive B cells, contributing to its efficacy and resistance to certain immunosuppressive side effects common in other MS therapies.
Market Landscape & Demand Drivers
Global Prevalence of Multiple Sclerosis:
The global MS population exceeds 2.8 million, with increasing diagnoses attributed to advanced detection methods and heightened awareness. In the U.S., approximately 1 million individuals are diagnosed, with a substantial subset eligible for disease-modifying therapies (DMTs) like Ocrevus. The rise in MS prevalence directly correlates with increased therapy adoption, underpinning sustained demand.
Regulatory and Payer Environment:
Ocrevus secured competitive approval pathways due to its significant clinical benefits. Reimbursement landscapes vary internationally but generally favor high-cost biologics where demonstrated clinical superiority exists. Managed care organizations increasingly favor Ocrevus when efficacy and safety profiles justify premium pricing, especially in treatment-resistant cases.
Competitive Dynamics:
Key competitors include Ocrevus (by Roche), Kesimpta (ofatumumab), Tysabri (natalizumab), and Gilenya (fingolimod). While Kesimpta offers less frequent infusion and similar efficacy, Ocrevus maintains a premium positioning due to its robust long-term data. The competitive landscape imposes pricing pressures, yet Ocrevus benefits from brand recognition and a strong clinical profile.
Market Penetration and Adoption Trends:
Post-approval, Ocrevus rapidly gained market share owing to its dosing convenience (biannual infusions) and efficacy. Recent data indicate increasing penetration among neurologists and specialty pharmacies, with a steady uptick in prescriptions across diverse patient populations. Ongoing clinical trials exploring expanded indications (e.g., neuromyelitis optica spectrum disorder) suggest potential future growth avenues.
Pricing Structure & Revenue Potential
Current Pricing:
Based on publicly available data, the wholesale acquisition cost (WAC) for Ocrevus per infusion is approximately $7,080, with the average annual treatment cost ranging between $70,000 and $85,000, considering dosing frequency. This pricing aligns with its status as a high-value biologic and the standard industry margins for MS therapies.
Reimbursement & Net Price:
Net prices are typically lower due to rebates, discounts, and negotiated payer contracts. Managed care organizations may realize net prices approximately 20-30% below WAC, leading to net treatment costs in the range of $50,000 to $65,000 annually.
Market Revenue Projections:
In 2022, Roche's global revenues for Ocrevus surpassed $3.2 billion, marking a substantial share of the MS drug market. The United States remains the largest revenue driver, with sustained growth projected at an annual rate of 5-7%, contingent on market penetration, expanded indications, and competitive positioning.
Future Price Projections and Market Trends
Pricing Outlook:
Given the increasing focus on biosimilars and generic biologics, downward pricing pressure is anticipated over the next 3-5 years. Biosimilar entrants in the MS biologic segment are likely to emerge by 2025–2026, potentially reducing Ocrevus’s market share and price. However, Roche's strategy—focused on clinical differentiation, patient adherence, and expanded indications—may sustain premium pricing longer.
Influence of Biosimilars:
The European Medicines Agency (EMA) approved biosimilars to ocrelizumab in recent years, with US-specific biosimilars anticipated post-2024. The entry of biosimilars could lead to a 20-30% reduction in Ocrevus's formulary prices, impacting revenue projections. Nonetheless, Roche's capacity for patient loyalty programs, line extension, and combination therapies could mitigate revenue loss.
Regulatory & Policy Impacts:
Ongoing healthcare reforms, drug pricing negotiations, and value-based payment initiatives may exert downward pressure on biologic prices. The Biden administration's emphasis on affordability and transparency could accelerate formulary discounts and rebates, influencing net revenues.
Price Projections (2023–2028):
- Base Scenario: Maintains WAC at approximately $7,100 per infusion, with a 3% annual increase in list price driven by inflation and market adjustments.
- Moderate Biosimilar Entry Scenario: List prices decrease by 15–20% within 2 years of biosimilar approval, leading to net price reductions of approximately 20%.
- Aggressive Price Competition Scenario: With multiple biosimilars and payer negotiations, net prices could decline by up to 30–35%, significantly impacting revenue streams.
Risk Analysis & Strategic Considerations
- Patent Expirations & Biosimilar Launches: Patent protections are under legal scrutiny; biosimilar approvals pose significant risk.
- Medical Advancements: Development of oral or less costly biologics could erode Ocrevus's market share.
- Regulatory Changes: Policy shifts towards drug price controls could limit pricing flexibility.
- Remediation Strategies: Roche's focus on long-term clinical benefits, patient adherence, and expanding indications remains vital.
Key Takeaways
- Currently Premium Priced: Ocrevus commands a high list price reflective of its clinical efficacy; net prices are moderated by negotiations and rebates.
- Growing Market Demand: The expanding global MS population sustains healthy demand projections, with annual revenues expected to grow 5-7% through 2028 absent significant biosimilar competition.
- Potential Price Erosion: Biosimilar entry around 2025, coupled with healthcare policy reforms, could reduce prices by up to 30% over the next 3-5 years.
- Strategic Focus Needed: Innovators must prioritize clinical differentiation, lifecycle management, and market expansion to offset emerging competitive pressures.
FAQs
-
What is the expected impact of biosimilars on Ocrevus pricing?
Biosimilar entries anticipated by 2025–2026 could lead to a 20-30% reduction in list and net prices, exerting downward pressure on Roche’s revenue streams for Ocrevus. -
Are there regulatory hurdles that could affect future prices?
Yes. Healthcare reforms, patent litigations, and policy initiatives aiming for drug affordability may impose constraints on pricing and reimbursement, potentially reducing profit margins. -
How does Ocrevus compare to competitors in terms of pricing?
While Ocrevus’s current list price is among the higher-end biologics in MS, competitors like Kesimpta offer similar efficacy at potentially lower costs, influencing market positioning. -
What are the drivers for increased demand for Ocrevus?
Growing MS prevalence, clinical efficacy, convenient dosing, and approved expanded indications support continued demand growth. -
What future growth opportunities exist beyond MS?
Ocrevus’s mechanism of action is being explored for other autoimmune conditions like neuromyelitis optica spectrum disorder, which could diversify revenue streams.
Conclusion
Ocrevus (NDC 51407-0600) maintains a robust market position driven by its clinical effectiveness and disease prevalence. However, potential biosimilar competition and evolving healthcare policies forecast a gradual decline in prices over the next five years. Strategic approaches encompassing lifecycle extension, indication expansion, and value-based pricing will be critical for Roche to sustain revenue growth amidst impending market shifts.
Sources
- FDA Drug Database, 2017.
- Roche Annual Reports, 2022.
- IQVIA Reports, 2022.
- European Medicines Agency, 2022.
- Market Research Future, 2023.
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