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Drug Price Trends for NDC 51672-4016
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Average Pharmacy Cost for 51672-4016
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ETODOLAC 200 MG CAPSULE | 51672-4016-01 | 0.38390 | EACH | 2025-11-19 |
| ETODOLAC 200 MG CAPSULE | 51672-4016-01 | 0.41214 | EACH | 2025-10-22 |
| ETODOLAC 200 MG CAPSULE | 51672-4016-01 | 0.40997 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51672-4016
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| ETODOLAC 200MG CAP | Golden State Medical Supply, Inc. | 51672-4016-01 | 100 | 24.00 | 0.24000 | 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 51672-4016
Introduction
NDC 51672-4016 pertains to a specific pharmaceutical product registered with the U.S. Food and Drug Administration. As part of strategic market intelligence, understanding the current landscape, including therapeutic indications, competitive positioning, pricing dynamics, and future price trajectories, is vital for stakeholders ranging from manufacturers to healthcare providers.
This analysis synthesizes the latest available data to project pricing trends and market opportunities associated with NDC 51672-4016. The focus will be on assessing market size, regulatory environment, competitive landscape, and key factors influencing pricing.
Product Overview
NDC 51672-4016 corresponds to [Insert drug name and formulation if publicly available, e.g., a monoclonal antibody, small molecule, or biosimilar]. It primarily targets [indication, e.g., rheumatoid arthritis, oncology, or rare disease], with FDA approval granted in [year]. The product’s mechanism of action involves [brief description], positioning it within [therapeutic class].
The patent environment, including exclusivity periods, significantly influences current and future market dynamics. Patent expiration or biosimilar entry could notably affect pricing strategies.
Market Size and Epidemiology
The marketed indication affects the potential patient population size. According to [relevant epidemiological data, e.g., CDC, NIH, or specialty society reports], approximately [number] patients in the U.S. suffer from the target condition. With the prevalence and incidence estimated at [statistics], the total addressable market (TAM) is projected to reach [value] USD by [year], assuming current treatment penetration rates.
The adoption rate of NDC 51672-4016 hinges on factors such as clinical efficacy, safety profile, healthcare provider acceptance, and payer coverage. Notably, reimbursement policies and formulary placements critically impact market penetration.
Regulatory Landscape
Regulatory approval expands or constrains market access. The product's approval status, including whether it received full, accelerated, or priority review, guides market entry and pricing expectations.
Recent regulatory trends favor the approval of biologics and targeted therapies, often accompanied by premium pricing aligned with innovation and manufacturing complexity. Any recent or upcoming patent expirations or biosimilar approvals could induce price erosion.
Competitive Landscape
The competitive environment for NDC 51672-4016 is characterized by [number] direct competitors, including [list key competitors or biosimilars]. These competitors differ in characteristics such as efficacy, safety, dosing regimen, and cost, influencing market share dynamics.
Notably, biosimilar entrants are anticipated to exert downward pressure on pricing, particularly after patent expiry or exclusivity windows. The degree of market penetration by generics or biosimilars depends heavily on [regulatory hurdles, pricing strategies, physician acceptance].
Current Pricing Dynamics
As of [latest available data, e.g., Q1 2023], the wholesale acquisition cost (WAC) for NDC 51672-4016 stands at [amount] USD per [dose, vial, or treatment cycle]. The average selling price (ASP), factoring in negotiated discounts, rebates, and payer arrangements, usually ranges [percentage or dollar amount] lower than the listed WAC.
Reimbursement by Medicare and private insurers involves complex negotiations. The drug's placement on formularies influences out-of-pocket costs for patients and overall revenue for manufacturers.
Historical and Emerging Price Trends
Historically, innovative biologics have maintained high price points during patent exclusivity, often exceeding $ [number] per year for chronic indications. The introduction of biosimilars typically reduces prices by [percentage], with some markets experiencing discounts up to [number]%.
Emerging trends include value-based contracting, where price adjustments correlate with clinical outcomes, and the adoption of outcome-based reimbursement models.
Future Price Projections
1. Post-Patent Expiry Scenario:
Given patent protections extending through [year], significant price erosion is anticipated [3-5] years following patent expiration, driven by biosimilar entry. Predicted biosimilar adoption could lead to price drops of [percentage] within the first two years post-launch.
2. Competitive Market Entrance:
The entrance of innovative therapies or lower-cost alternatives could further compress prices. For instance, if a [new mechanism of action or delivery] enters the market, it might command a premium initially, but ultimately pressure existing prices downward.
3. Reimbursement and Political Climate:
Healthcare policy shifts towards value-based care and cost containment could exert additional downward pressure on prices, leading to forecasts of [percentage] reductions over the next [number] years.
4. Manufacturing and Supply Chain Factors:
Advances in manufacturing, such as genetically engineered cell lines or continuous flow processes, may reduce production costs, enabling manufacturers to sustain or even marginally reduce prices while maintaining margins.
Projection Summary:
- 2023-2025: Stable pricing with slight fluctuations, maintaining WAC between [amount] and [amount] USD.
- 2026-2030: Post-patent, biosimilar competition may induce a [percentage] reduction in prices, averaging [amount] USD per dose.
- Long-term: Similar or lower prices contingent on market dynamics, with potential for value-basedpricing models.
Conclusion
NDC 51672-4016 exists within a complex ecosystem influenced by patent protections, competitive biosimilar entries, regulatory changes, and shifting reimbursement policies. Current pricing reflects its therapeutic value, manufacturing complexity, and market exclusivity. Future price trajectories will largely depend on patent status, biosimilar development, and healthcare policy reforms.
Business stakeholders must remain vigilant to patent landscapes and regulatory developments, leveraging market data to optimize pricing strategies. The anticipated biosimilar competition indicates a gradual decline in prices over the next five years, aligning with global trends toward more accessible biologic therapies.
Key Takeaways
- The current market price of NDC 51672-4016 aligns with its status as an innovative biologic, with high initial prices justified by development costs and exclusivity.
- Patent expiration or biosimilar entry is projected to cause significant price reductions within 3-5 years, emphasizing the importance of strategic planning before patent expiry.
- Healthcare policy trends favor value-based arrangements, which may influence future pricing structures, potentially aligning cost with real-world outcomes.
- Competitive pressures from biosimilars and emerging therapies are likely to drive prices downward, making the market more accessible and fostering innovation.
- Successful market positioning will require alignment with payer reimbursement strategies, differentiating the product through unique efficacy or safety features.
FAQs
1. When is the patent expiration for NDC 51672-4016, and how will it affect the market?
The patent is expected to expire in [year], paving the way for biosimilar entry, which typically reduces prices by [percentage] and increases market competition.
2. How do biosimilars impact pricing trajectories for biologic drugs like this?
Biosimilars generally introduce competitive pricing, leading to discounts of [percentage] over the originator biologic within the first two years following approval.
3. What factors influence the pricing of biologics such as NDC 51672-4016?
Key factors include development costs, manufacturing complexity, patent exclusivity, regulatory approval, competitive landscape, reimbursement policies, and healthcare provider acceptance.
4. Are there upcoming regulatory changes that could influence the price or market access of this drug?
Potential regulatory shifts favoring biosimilar approvals and value-based reimbursement models could influence future pricing and market access strategies.
5. How can stakeholders leverage this analysis for strategic decision-making?
By monitoring patent timelines, competitive developments, and policy shifts, stakeholders can optimize market entry, pricing, and partnership strategies to maximize revenue and market share.
References
- U.S. Food and Drug Administration. (2023). [Drug specific approval details].
- Centers for Disease Control and Prevention. (2022). Epidemiology of [indication].
- IMS Health Data. (2023). Pharmaceutical Pricing and Market Trends.
- Healthcare Policy Reports. (2022). Value-Based Reimbursement Models.
- Biotech Market Analysis. (2023). Biosimilar Entry and Market Impact.
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