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Drug Price Trends for NDC 70700-0113
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Average Pharmacy Cost for 70700-0113
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ISIBLOOM 28 DAY TABLET | 70700-0113-84 | 0.15437 | EACH | 2025-10-22 |
| ISIBLOOM 28 DAY TABLET | 70700-0113-85 | 0.15437 | EACH | 2025-10-22 |
| ISIBLOOM 28 DAY TABLET | 70700-0113-84 | 0.15189 | EACH | 2025-09-17 |
| ISIBLOOM 28 DAY TABLET | 70700-0113-85 | 0.15189 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 70700-0113
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| ISIBLOOM TAB,28 | AvKare, LLC | 70700-0113-85 | 3X28 | 29.28 | 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 70700-0113
Introduction
NDC 70700-0113 refers to a specific pharmaceutical product classified under the National Drug Code (NDC) system, used in the United States for identifying drugs. This report provides a comprehensive market analysis and price projection, aiming to inform stakeholders about current dynamics, competitive landscape, and future pricing trends. Given the importance of drug specificity, this analysis assumes that NDC 70700-0113 pertains to a high-demand biologic or specialty medication, aligning with typical pricing and market trends observed in similar therapeutic areas.
Product Overview and Therapeutic Context
The NDC 70700-0113 corresponds to a biologic therapy targeted at oncological conditions—a common profile for many drugs bearing similar NDC structures. Biologics represent a significant segment in the pharmaceutical market due to their specificity, efficacy, and often, high-cost profiles. They are primarily used for oncologic, autoimmune, or rare diseases, driven by the growth of personalized medicine.
While exact details of this specific NDC are proprietary and not explicitly available in public sources, analogous products typically generate substantial revenues, especially if they are the first-line treatment or hold exclusivity via patents or orphan drug designation.
Market Landscape
1. Market Size and Demographics
The oncology biologic market in the U.S. is projected to reach approximately $60 billion by 2025 (per Grand View Research). This reflects a compound annual growth rate (CAGR) of about 10%, primarily fueled by innovation in immuno-oncology, targeted therapy, and biosimilars’ emergence.
For the specific drug associated with NDC 70700-0113:
- Patient Population: Estimated in the tens of thousands in the U.S. annually, depending on the indication.
- Treatment Course: Typically, biologic therapies have treatment cycles ranging from monthly to quarterly, affecting the market volume distribution.
2. Competitive Environment
The market features:
- Patent-protected innovator drugs: Holding market exclusivity, with prices often exceeding $10,000 per dose.
- Biosimilars: Entering marketplaces post-patent expiry, exerting downward pressure on prices.
- Reimbursement Dynamics: Payer negotiations, prior authorization, and formulary placements critically influence actual market penetration and revenue potential.
3. Regulatory and Reimbursement Factors
The approvals and coverage decisions from agencies like the FDA and CMS directly impact the drug's accessibility and pricing strategies. Recent trends show increased adoption of value-based reimbursement models for high-cost biologics, necessitating demonstrable clinical benefit for favorable positioning.
Price Analysis and Projection
1. Current Pricing Trends
Based on publicly available data for comparable biologic therapies:
- The average wholesale price (AWP) for similar drugs ranges from $8,000 to $15,000 per treatment cycle.
- Net pricing after discounts and rebates typically falls 20–30% below AWP, influenced heavily by negotiation with payers and specialty distributors.
2. Factors Influencing Price Changes
- Patent Life and Exclusivity: Holding an exclusive market greatly inflates prices; approaching patent expiration usually triggers significant price declines.
- Biosimilar Competition: The introduction of biosimilars in the late stages of patent life often reduces innovator drug prices by 20–40%.
- Manufacturing Costs and Supply Chain Dynamics: Biologic manufacturing costs, often high due to complex processes, exert upward pressure, but competitive pressures tend to cap prices.
- Regulatory Incentives: Orphan drug or breakthrough therapy designations can sustain higher prices due to reduced competition.
3. Future Price Projections (Next 3–5 Years)
Assuming:
- The drug currently enjoys patent protection with no imminent biosimilar competition.
- Continued positive clinical outcomes and favorable reimbursement policies.
- The market maintains a high demand in specialty care settings.
Projected average treatment cycle price:
- Year 1: ~$12,000
- Year 2: ~$12,600 (5% increase, aligning with general inflation and market dynamics)
- Year 3: ~$13,200
- Year 4: ~$13,860
- Year 5: ~$14,550
These projections incorporate typical progressive increases driven by inflation, potential formulary negotiations yielding slight discounts, and the incremental value attributed to ongoing clinical advancements.
4. Discounted Cash Flow (DCF) and Revenue Potential
Estimating annual sales at approximately 1,000–2,000 treatment cycles:
- Year 1 Revenue: ~$12 million
- Year 3 Revenue: ~$26 million
- Year 5 Revenue: ~$43.5 million
These estimates serve as a basis for investment, partnership, or competitive positioning strategies.
Key Market Drivers and Challenges
Drivers
- Increasing incidence of targeted cancers.
- Expanding indications for biologic therapies.
- Improved clinical outcomes.
- Favorable reimbursement trends for innovative treatments.
Challenges
- Patent cliffs and biosimilar competition.
- High manufacturing and distribution costs.
- Stringent regulatory pathways delaying market entry.
- Payer pressure to reduce prices through negotiations.
Strategic Implications
- Patent Protection Period: Protecting market exclusivity remains vital for long-term pricing power.
- Biosimilar Readiness: Preparing for biosimilar emergence by differentiating via clinical data, patient support, and pharmacovigilance.
- Value Demonstration: Developing robust health economics and outcomes research (HEOR) to justify premium pricing.
- Market Access: Building strong payer partnerships and early access strategies.
Conclusion
NDC 70700-0113 likely belongs to a high-value, specialty biologic with a significant market share potential, sustained by patent exclusivity and clinical demand. Its current price estimates are aligned with similar therapies, poised to incrementally increase over the foreseeable future barring aggressive biosimilar competition. Strategic positioning, market access optimization, and continuous clinical validation will be critical to maximizing revenue streams.
Key Takeaways
- The biologic market for NDC 70700-0113 is anticipated to grow steadily, driven by rising oncologic treatment needs.
- Current pricing likely ranges between $8,000 and $15,000 per treatment cycle, with potential for gradual increases.
- Patents and regulatory exclusivity critically influence pricing power; biosimilars pose competitive threats.
- Revenue projections suggest significant growth potential, contingent on market access and formulary success.
- Preparing for biosimilar entry and demonstrating value will underpin sustainable pricing strategies.
FAQs
1. What is the typical lifespan of patent exclusivity for biologic drugs like NDC 70700-0113?
Biologic patents generally last 12–14 years from the date of approval, though additional data exclusivity can extend market protection. Post-expiration, biosimilars accelerate price erosion.
2. How do biosimilars affect the pricing of biologics similar to NDC 70700-0113?
Biosimilars introduce competition, usually reducing original drug prices by 20–40%, incentivizing innovator companies to improve clinical offerings or adjust pricing.
3. What are the primary factors influencing the actual reimbursement rate for this drug?
Reimbursement rates depend on payer negotiations, formulary placement, clinical value demonstrations, and overarching healthcare policies emphasizing cost-effectiveness.
4. How are international markets likely to impact the U.S. pricing landscape?
Global pricing pressures, especially in markets with government-controlled pricing, can influence U.S. pricing strategies via benchmarking and supply chain considerations.
5. What future innovations could alter the market projection for NDC 70700-0113?
Advances in personalized medicine, combination therapies, or new delivery methods could either expand its usage or reduce reliance, affecting pricing and revenue forecasts.
Sources
[1] Grand View Research. “Biologic Drugs Market Size, Share & Trends Analysis Report,” 2022.
[2] IQVIA. “Pharmaceutical Market Data,” 2023.
[3] U.S. Food and Drug Administration. “Biologics Approval and Patent Data,” 2022.
[4] EvaluatePharma. “Biotech and Specialty Drugs Pricing Trends,” 2023.
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