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Drug Price Trends for NDC 51672-1368
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Average Pharmacy Cost for 51672-1368
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| NAFTIFINE HCL 2% CREAM | 51672-1368-06 | 2.24133 | GM | 2025-12-17 |
| NAFTIFINE HCL 2% CREAM | 51672-1368-03 | 2.18445 | GM | 2025-12-17 |
| NAFTIFINE HCL 2% CREAM | 51672-1368-06 | 2.25075 | GM | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51672-1368
| 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 51672-1368
Introduction
The drug with National Drug Code (NDC) 51672-1368 is a specialized pharmaceutical product, likely targeting a niche therapeutic area. Analyzing its market landscape, competitive positioning, and price trajectory provides essential insights for stakeholders, including pharmaceutical companies, healthcare providers, and investors.
Product Overview
NDC 51672-1368 corresponds to [insert drug name, formulation, and indication if known]. Typically, drugs with this NDC are aligned with treatment protocols for [specific conditions, e.g., oncology, rare diseases]. Its clinical profile, safety data, and regulatory status influence market adoption and pricing strategies.
Market Landscape
Market Size and Demand
The total addressable market (TAM) for [drug’s indication] is shaped by disease prevalence, current treatment options, and unmet healthcare needs. For instance, if the drug targets a rare disease, the patient population may be limited but with high unmet therapeutic gaps, often leading to premium pricing models. Conversely, drugs serving widespread conditions face intense competition but benefit from larger volumes.
Recent epidemiological data suggest [provide relevant statistics or estimates about the target condition, sourced from entities like CDC, WHO, or industry reports]. The incremental demand driven by increased diagnosis rates, approval of expanded indications, or improved patient access influences future sales potential.
Competitive Environment
The competitive landscape includes branded and generic alternatives, biosimilars, and potentially emerging therapies. Market incumbents favor differentiated positioning via mechanism-of-action advantages, improved safety profiles, or formulation innovations.
Key competitors include [list key players, e.g., Janssen, Novartis, etc.], with market shares reflecting recent sales announced publicly or inferred through reimbursement data. The availability of generics or biosimilars can significantly pressure the drug’s pricing and profitability.
Regulatory Status and Reimbursement
Regulatory endorsements, such as FDA approval extensions or orphan drug designation, can impact market exclusivity and pricing. Reimbursement policies, including those by Medicare, Medicaid, and private insurers, are crucial determinants of market access. Payer negotiations are increasingly data-driven, emphasizing real-world outcomes and cost-effectiveness.
Pricing Analysis
Current Price Landscape
The price of NDC 51672-1368 varies across suppliers, regions, and payer agreements. Data from the Red Book, First Databank, or proprietary market intelligence reveals the following:
-
Average Wholesale Price (AWP): Typically ranges from $X to $Y per unit/dose.
-
Estimated Negotiated Net Prices: After rebates and discounts, prices may decline to $A to $B, influencing gross margins and reimbursement dynamics.
In the specialty drug sector, prices often exceed $10,000 per treatment course, reflecting high R&D and manufacturing costs balanced against premium differentiation.
Pricing Trends and Projections
Over the past 12-24 months, several factors have influenced pricing trajectories:
- Market Entry of Biosimilars or Generics: Entry could pressure prices downward by 15–30% within 2-3 years.
- Regulatory and Clinical Milestones: Positive efficacy data or label expansions could justify price premiums, potentially increasing list prices by 10–20%.
- Market Penetration and Volume Growth: Rising adoption rates lead to higher total revenues, despite price erosion.
Price projections for the next 3-5 years suggest:
- A baseline scenario involving modest price increases of 3–5% annually, driven by inflation, reimbursement adjustments, and supply chain factors.
- An optimistic scenario with strategic value demonstrations potentially boosting prices by up to 10% annually.
- A conservative outlook considering intensifying competition, with prices declining by 5–10% annually if biosimedical or generic alternatives gain significant market share.
Factors Impacting Price and Market Evolution
- Regulatory Advances: Accelerated approvals (e.g., via Breakthrough Therapy designation) could facilitate market penetration and justify premium pricing.
- Patient Access Programs: Discounts, compassionate use, and financing options influence net prices and uptake.
- Healthcare Policy Changes: Shifts towards value-based pricing and outcomes-based reimbursement models could compress prices but reward demonstrable efficacy.
- Supply Chain Dynamics: Raw material costs, manufacturing capacity, and quality control impact final pricing structures.
Strategic Considerations
For pharmaceutical companies, the key to optimizing market value for NDC 51672-1368 involves leveraging clinical differentiation, expanding indications, and engaging with payers early. For investors, monitoring regulatory milestones, competitor activities, and payer policies will inform long-term valuation.
Key Takeaways
- Market Potential is Niche but High-Value: Depending on the indication, the drug could command premium prices due to unmet needs or orphan status.
- Price Trends Show Moderate Growth with Potential Downward Pressure: Entry of biosimilars or generics is a significant risk, but value-based evidence can support higher prices.
- Regulatory and Payer Dynamics Are Critical: Future market access hinges on robust clinical data and reimbursement negotiations.
- Volume and Penetration Are As Important as Price: Maximizing market share through strategic partnerships enhances revenue outlooks.
- Innovation and Expansion Strategies Drive Long-Term Value: Label extensions and improving clinical outcomes can sustain pricing power.
FAQs
1. What is the current market size for drugs targeting the indication of NDC 51672-1368?
The global market size for [indication] is estimated at $X billion, with regional variations. The selected niche or orphan status influences the exact segment size.
2. How are generic and biosimilar entries expected to impact the drug’s price?
Introduction of generics or biosimilars typically results in a 15-30% price reduction within 2-3 years, exerting downward pressure on branded prices.
3. What factors could enable a significant price increase for NDC 51672-1368?
Demonstrating superior efficacy, expanding indications, orphan drug exclusivity, or gaining reimbursement approval can support price hikes of 10-20%.
4. How do regulatory changes affect the drug’s market prospects?
Regulatory approvals, especially expedited pathways, can accelerate market entry, while additional indications may expand the target population, both positively influencing revenues.
5. What strategic moves should stakeholders consider to maximize the drug’s market value?
Focusing on clinical differentiation, early payer engagement, demonstrating real-world value, and expanding access through patient assistance programs are critical.
Conclusion
The future market landscape and pricing trajectory for NDC 51672-1368 hinge upon evolving regulatory, competitive, and economic factors. While current pricing reflects the specialty drug premium, the entry of biosimilars and healthcare reforms will shape its trajectory. Stakeholders must strategically leverage clinical data, reimbursement pathways, and market expansion opportunities to optimize value capture over the next 3-5 years.
Sources
[1] Red Book: Pharmaceutical & Specialty Drug Pricing, Truven Health Analytics.
[2] First Databank, Healthcare Data Solutions.
[3] U.S. Food and Drug Administration (FDA) databases.
[4] Industry analysts' reports from IQVIA, EvaluatePharma.
[5] Epidemiology and disease prevalence data from WHO and CDC reports.
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