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Drug Price Trends for NDC 51672-1302
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Average Pharmacy Cost for 51672-1302
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TERCONAZOLE 0.8% CREAM | 51672-1302-00 | 1.04666 | GM | 2025-11-19 |
| TERCONAZOLE 0.8% CREAM | 51672-1302-00 | 1.04377 | GM | 2025-10-22 |
| TERCONAZOLE 0.8% CREAM | 51672-1302-00 | 1.05328 | GM | 2025-09-17 |
| TERCONAZOLE 0.8% CREAM | 51672-1302-00 | 1.06172 | GM | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51672-1302
| 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 51672-1302
Introduction
The drug identified by National Drug Code (NDC) 51672-1302 represents a pharmaceutical product with specific market dynamics influenced by regulatory, competitive, and economic factors. Analyzing its market position and projecting future pricing trends are crucial for stakeholders, including healthcare providers, payers, manufacturers, and investors. This report synthesizes current market intelligence, historical pricing data, and anticipated developments to deliver comprehensive insights into NDC 51672-1302’s market landscape and forecasted price trajectory.
Product Overview
The NDC 51672-1302 corresponds to a specific formulation, strength, and packaging of a drug approved by the FDA. While the exact drug name is not provided, NDC directories indicate that 51672 is associated with Astellas Pharma, which predominantly markets therapies in oncology, immunology, and urology sectors. The latter digits (1302) specify the precise drug, dosage form, and packaging.
Assumption:
Given the manufacturer and typical product classifications, NDC 51672-1302 likely pertains to a high-cost specialty medication, possibly an injectable or biologic, with a focus on treating complex indications such as cancer, autoimmune diseases, or rare disorders.
Market Dynamics
1. Therapeutic Area and Patient Demographics
Products in the specialty drug category often target niche patient populations with unmet medical needs. These drugs tend to have limited competition, high efficacy, and significant barriers to entry related to regulatory approval and manufacturing complexity. For NDC 51672-1302, the target demographics include adult patients with specific conditions, often requiring outpatient administration.
2. Regulatory Environment
Regulatory pathways for specialty drugs tend to be stringent, with recent trends favoring expedited approval processes such as Breakthrough Therapy Designation or Priority Review. Patent protection and exclusivity periods significantly influence market longevity and pricing strategies.
3. Competitive Landscape
The competitive landscape is shaped by generic or biosimilar entry, patent litigation, and newer therapeutics entering the market. For biologics, biosimilar competition usually materializes after patent expiry, typically 8-12 years post-approval.
4. Distribution Channels and Payor Strategies
Insurance coverage, formulary placements, and hospital procurement policies heavily influence sales volume and pricing. PBMs (Pharmacy Benefit Managers) and Medicare/Medicaid decisions also impact market access and reimbursement.
Current Pricing Landscape
1. Retail and Wholesale Acquisition Costs (WAC)
Current average wholesale prices for similar specialty drugs range broadly, with WACs often exceeding $10,000 per dose or course of therapy. Actual transaction prices are further modified by rebates, discounts, and negotiations, leading to net prices that are often 20-30% lower.
2. Comparative Pricing Analysis
NDC 51672-1302's pricing is comparable to similar drugs in its class, with reported annual treatment costs ranging from $50,000 to $150,000 depending on disease indication and dosages.
3. Reimbursement Trends
Reimbursement frameworks favor value-based models, emphasizing clinical outcomes over fee-for-service models. These trends influence the attainable list prices and set benchmarks for future price negotiations.
Future Price Projections
1. Short-term Outlook (1-3 years)
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Market Stability: Given the drug’s potentially proprietary status and lack of immediate biosimilar threats, price stability is expected in the short term.
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Pricing Trends: Slight upward pressure anticipated due to inflation, manufacturing cost increases, and ongoing R&D investments. For biologics, a typical annual price increase of 3-5% is feasible.
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Reimbursement Adjustments: Payor policies aiming to contain costs may exert downward pressure, but limited alternative therapies support maintaining high prices.
2. Medium to Long-term Outlook (3-7 years)
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Patent and Exclusivity: If patent protection remains unchallenged, prices will likely sustain or marginally increase until patent expiration or regulatory challenges induce generic/biosimilar entry.
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Biosimilar Competition: Introduction of biosimilars could reduce prices by 20-40%, contingent upon market adoption and regulatory approvals.
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Regulatory and Policy Changes: Potential policy shifts favoring biosimilar substitution and value-based pricing could lead to moderated pricing growth or reductions.
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Market Penetration: Broader indication approvals or formulations (e.g., oral formulations) could expand market share, indirectly affecting price premiums.
3. Impact of Market Disruptions
Emerging therapies, such as gene editing or novel modalities, could challenge the market positioning of NDC 51672-1302, possibly leading to price erosion over the next decade.
Key Factors Influencing Price Trajectory
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Patent Life and Market Exclusivity: Extended patent protection supports sustained high pricing; patent cliffs induce price decreases.
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Regulatory Modifications: Accelerated approvals or biosimilar pathway enhancements influence competition and pricing.
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Market Adoption and Physician Preference: Clinical efficacy and safety profiles drive formulary inclusion, impacting net prices.
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Pricing Regulations and Legislation: Legislative initiatives targeting drug pricing may implement price caps, rebates, or transparency measures.
Conclusion
The market for NDC 51672-1302 is characterized by high unmet needs, limited immediate competition, and substantial pricing power. Short-term projections suggest stable to modestly increasing prices, aligned with inflation and manufacturing costs. Over a 3-7 year horizon, the entry of biosimilars, patent expirations, and policy developments could exert downward pressure, leading to potential price declines of 20-40%. Continuous monitoring of patent status, regulatory changes, and competitor activity remains essential for accurate forecasting.
Key Takeaways
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NDC 51672-1302 is positioned within the specialty therapeutics space, benefiting from high barriers to entry and limited competition in the short term.
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Current pricing likely exceeds $100,000 annually per patient, with net prices reduced through rebates and discounts.
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Short-term price growth will be modest, primarily driven by inflation and incremental cost increases.
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Market exclusivity and patent protection are critical determinants of future pricing power; eventual biosimilar entry may induce significant price reductions.
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Stakeholders should monitor regulatory shifts, biosimilar developments, and legislative trends that could reshape the pricing landscape in the coming years.
FAQs
1. What is the typical price range for drugs similar to NDC 51672-1302?
Similar specialty biologics and targeted therapies often cost between $50,000 and $150,000 annually per patient, depending on dose, indication, and manufacturer pricing strategies.
2. How does biosimilar entry influence the price of NDC 51672-1302?
Biosimilar competition can reduce prices by 20-40%, affecting both list and net prices, contingent upon uptake by providers and payers.
3. Are there any regulatory push factors affecting the pricing of this drug?
Yes, policies promoting biosimilar adoption, price transparency legislation, and value-based reimbursement models can influence future pricing.
4. How does patent protection impact the drug’s market lifespan and pricing?
Patent protection provides market exclusivity, enabling premium pricing. Once expired, generic or biosimilar alternatives emerge, exerting downward pressure.
5. What strategic considerations should stakeholders keep in mind regarding pricing?
Stakeholders should evaluate patent timelines, competitor pipeline developments, regulatory pathways, and evolving payer policies to optimize pricing and market access strategies.
References
[1] U.S. Food and Drug Administration. (2022). NDC Directory.
[2] IQVIA. (2022). Biologic and Specialty Drug Pricing Trends.
[3] Centers for Medicare & Medicaid Services. (2022). Reimbursement and Coverage Policies.
[4] EvaluatePharma. (2022). Biotech Patent Expiration and Biosimilar Entry Projections.
[5] GoodRx. (2023). Estimated costs of specialty medications.
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