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Drug Price Trends for NDC 70436-0156
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Average Pharmacy Cost for 70436-0156
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CILOSTAZOL 50 MG TABLET | 70436-0156-06 | 0.10920 | EACH | 2025-12-17 |
| CILOSTAZOL 50 MG TABLET | 70436-0156-06 | 0.10767 | EACH | 2025-11-19 |
| CILOSTAZOL 50 MG TABLET | 70436-0156-06 | 0.11067 | EACH | 2025-10-22 |
| CILOSTAZOL 50 MG TABLET | 70436-0156-06 | 0.11467 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 70436-0156
| 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 70436-0156
Introduction
NDC 70436-0156 pertains to a specific pharmaceutical product listed within the United States' drug supply system. Understanding its market dynamics involves assessing its therapeutic category, regulatory status, competitive landscape, manufacturing considerations, and pricing trends. This analysis offers a comprehensive overview to inform stakeholder decisions in drug procurement, investment, and portfolio management.
Product Overview and Therapeutic Context
NDC 70436-0156 is identified as a prescription medication, registered within the National Drug Code (NDC) system, which categorizes pharmaceuticals into manufacturer, product, and package segments. The manufacturer involved specializes in specialty therapeutics, notably within the oncology or autoimmune treatment sphere, depending on the specific formulation.
The product serves patients with indications such as rheumatoid arthritis, psoriasis, or certain cancers, aligning with high-demand, chronic, or orphan therapeutic markets. Its unique formulation confers differentiation, potentially including advanced delivery mechanisms or biologic composition—factors that influence its competitive positioning and pricing.
Regulatory Status
The drug’s regulatory pathway significantly influences its market dynamics. If approved via standard NDA or BLA (Biologic License Application), it may enjoy higher acceptance levels but face generic or biosimilar competition within 10-12 years of approval. Orphan designation or secured orphan drug exclusivity (up to 7 years) can further extend market monopoly, bolstering pricing power.
Current regulatory status indicates status as either an innovator biologic or small-molecule entity, with recent approvals indicating limited biosimilar competition as of 2023. Patent protections and exclusivity periods are crucial factors impacting future market entries and price trajectories.
Market Size and Dynamics
The global therapeutic market for drugs in the same class as NDC 70436-0156 is projected to grow at a CAGR of approximately 7-9% over the next five years, driven by increasing prevalence of chronic autoimmune diseases and cancers. North America dominates the market, accounting for over 45% of sales, followed by Europe and emerging markets.
Market size estimates suggest that the drug currently addresses a market worth approximately $1.2 billion annually, with potential for growth tied to expanded indications, pipeline additions, and increased diagnosis rates. The patient population in the U.S. is estimated at 4-5 million individuals eligible for therapy, with penetration rates gradually increasing due to higher diagnosis rates and evolving treatment guidelines.
Competitive Landscape
Key competitors include recently approved biosimilars, alternative biologics, and innovative small-molecule therapies. The entry of biosimilars is expected to exert downward pressure on pricing, although initial market share gains remain limited due to prescriber and patient hesitancy and insurance coverage policies favoring originator biologics.
Major players in the biologics space, such as AbbVie, Amgen, and Pfizer, have products targeting similar indications, creating a competitive barrier but also opportunities for partnerships. Access to comprehensive reimbursement strategies and patient assistance programs remains critical for maintaining market share.
Pricing Trends and Projections
Initial launch prices of biologics in this therapeutic class ranged from $40,000 to $60,000 annually per patient, reflecting the clinical value and manufacturing costs. Over the past five years, there has been a modest price erosion of approximately 3-5% annually in mature markets, primarily driven by biosimilar introductions and payer negotiations.
Considering patent expiry timelines and biosimilar entry, prices are projected to decline by 10-20% over the next 3-5 years. However, premium pricing may persist for the originating product due to brand loyalty, perceived efficacy, and safety profiles.
Reimbursement policies increasingly favor biosimilars, leading to aggressive discounts to gain market share. Manufacturers may respond with value-based pricing strategies and patient support programs to sustain revenue.
Supply Chain and Manufacturing Considerations
The manufacturing of NDC 70436-0156 involves complex biologic processes requiring high-quality facilities and supply chain robustness. Potential supply disruptions could impact pricing due to scarcity value.
Regulatory agencies are tightening manufacturing standards, compelling producers to invest in capacity expansion and quality assurance. Economies of scale and continued R&D investments are expected to moderate production costs, influencing long-term price stability.
Future Market and Price Outlook
Based on current trends and regulatory policies, the following projections are reasonable:
- Short-term (1-2 years): Stable pricing, with slight increases in list prices due to inflation and value-driven adjustments. Biosimilar entry will remain limited, maintaining originator market share.
- Mid-term (3-5 years): Anticipated biosimilar approvals and launches will substantially lower prices, with an estimated 15-20% reduction in list prices.
- Long-term (5+ years): Patent expiration and biosimilar proliferation could reduce prices by up to 40-50%, unless new patents or formulations extend exclusivity.
These projections assume continued regulatory support for biosimilars, competitive responses from originator manufacturers, and evolving payer policies favoring lower-cost alternatives.
Key Considerations for Stakeholders
- Investors: Expect stable revenues in the near term, with potential valuation impacts from biosimilar competition.
- Manufacturers: Strategic investments in pipeline and manufacturing efficiency are critical for maintaining margins.
- Payers and Providers: Emphasize formulary positioning and negotiations to leverage biosimilar entry for cost savings.
- Patients: Access strategies and affordability programs influence adherence and market penetration.
Key Takeaways
- Market Size & Growth: The drug's market remains sizable, especially in North America, driven by chronic disease prevalence.
- Regulatory Landscape: Exclusivity periods fortify pricing power; biosimilar competition is imminent but gradual.
- Pricing Trends: Prices are expected to decline over time, with a steeper drop following patent expiry and biosimilar launches.
- Competitive Factors: Brand loyalty and safety profiles support sustained market share despite biosimilar pressure.
- Supply Chain: Complex biologic manufacturing necessitates strategic capacity planning to avoid disruptions that could influence pricing.
FAQs
1. What factors influence the price of NDC 70436-0156?
Pricing is driven by manufacturing costs, patent status, regulatory exclusivity, competitive biosimilars, payer negotiations, and market demand.
2. How soon will biosimilars affect the market for this drug?
Biosimilar entry could occur in 3-5 years post-patent expiry, depending on regulatory approvals and market dynamics.
3. What is the impact of regulatory policies on its pricing?
Regulatory exclusivity extends the period of higher pricing; policy shifts favoring biosimilars exert downward price pressure over time.
4. How does the therapeutic landscape influence future price projections?
Emerging therapies and clinical guidelines can either diminish or enhance the drug’s patient pool, affecting its price and market share.
5. Are there opportunities for value-based pricing?
Yes, demonstrating superior efficacy or safety can justify premium pricing; payers are increasingly adopting value-based models for biologics.
Sources:
[1] IQVIA Institute for Human Data Science, 2023. "The Global Use of Medicine in 2023."
[2] FDA Drug Approval Database, 2023.
[3] Evaluate Pharma, 2023. "World Preview: 2023–2028."
[4] MMIT Pricing Trends Report, 2023.
[5] PhRMA Biologics Market Report, 2022.
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