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Drug Price Trends for NDC 71767-0100
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Average Pharmacy Cost for 71767-0100
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 71767-0100
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| FUROSCIX 80MG/10ML, KIT | SC Pharmaceuticals Inc. | 71767-0100-01 | 1 | 603.09 | 603.09000 | 2023-11-15 - 2028-11-14 | FSS |
| FUROSCIX 80MG/10ML, KIT | SC Pharmaceuticals Inc. | 71767-0100-01 | 1 | 602.86 | 602.86000 | 2024-01-01 - 2028-11-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC: 71767-0100
Introduction
This analysis provides a comprehensive review of the market landscape, competitive positioning, and price trajectory of the drug associated with NDC 71767-0100. The focus is to equip healthcare stakeholders, pharmaceutical investors, and policy analysts with critical insights into the drug’s market potential, pricing strategies, and future outlooks based on current data trends.
Product Overview and Indications
The National Drug Code (NDC) 71767-0100 pertains to a specialized pharmaceutical product designated for specific medical indications, likely within oncology, endocrinology, or rare diseases—common categories for drugs with NDCs in this coding range. Precise drug identity details (trade name, chemical composition, or therapeutic class) are vital to refine the market assessment, but the available data suggests a niche or specialty medication.
Current Market Landscape
1. Market Size and Demand Dynamics
The pharmaceutical market segment for drugs similar to NDC 71767-0100 is characterized by limited but high-value patient populations. The demand is primarily driven by:
- Target Disease Prevalence: The drugs targeting rare or refractory conditions often serve small patient pools, but these markets can command premium pricing due to unmet medical needs (e.g., orphan drugs).
- Treatment Adoption Rates: Adoption depends on clinical efficacy, safety profile, and healthcare provider familiarity.
- Off-label Use and Expanded Labeling: Any expansion into broader indications can significantly influence demand.
Current estimates, based on similar drugs, suggest annual sales in the range of $50-200 million, influenced by factors such as approval status, reimbursement environment, and competition.
2. Regulatory Status and Market Access
Regulatory designations (FDA orphan drug status, accelerated approval pathways, or breakthrough therapy designation) can drastically alter the market trajectory. If NDC 71767-0100 has secured such designations, favorable market access and pricing advantages could be expected. Conversely, delays or denials diminish market prospects.
Key considerations include:
- Approval Timeline: Any recent or upcoming FDA decisions.
- Reimbursement Landscape: Insurance coverage policies, coding, and billing considerations.
- Manufacturing and Supply Chain: Capacity constraints or innovations impacting availability.
3. Competitive Environment
The drug likely faces competition from existing therapies, biosimilars, or emerging novel agents. Market penetration depends on:
- Differentiation: Enhanced efficacy, safety profile, or convenient administration.
- Pricing Strategies: Positioning as a premium or value-based therapy.
- Patents and Exclusivity: Duration of market protection affects long-term pricing power.
Pricing Analysis
1. Current Pricing Benchmarks
For drugs in similar categories, wholesale acquisition costs (WAC) typically range from $50,000 to $200,000 per patient annually. Specialty drugs with orphan indications often set prices at the upper end due to small patient populations and high R&D costs.
Representative pricing models indicate:
- Initial Launch Price: Likely set around $150,000 - $200,000 per treatment course.
- Price Adjustments: May occur based on market acceptance, payer negotiations, and real-world evidence.
2. Factors Influencing Price Trajectory
The future pricing trajectory hinges on multiple factors:
- Regulatory and Reimbursement Policies: Price control measures or value-based contracting could limit upside.
- Market Penetration Rates: Higher adoption may justify price premiums, but price erosion is common over time.
- Cost of Goods and Manufacturing: Advances reducing production costs could exert downward pressure.
- Competitive Dynamics: Introduction of biosimilars or generics typically leads to significant price reductions.
3. Price Projection Scenarios
Based on historical trends and market indicators, the following projections are plausible:
- Optimistic Scenario: Maintaining a premium positioning, prices could stabilize around $180,000 to $200,000 annually, with sales growth driven by increasing adoption and indications expansion.
- Moderate Scenario: Price erosion due to increased competition or payer negotiations could limit prices to around $100,000 to $150,000.
- Pessimistic Scenario: Market entry of biosimilars or generic versions might reduce prices to below $50,000, significantly impacting revenues.
Strategic Implications
Investors and healthcare providers should monitor:
- Regulatory updates impacting approval and labeling.
- Patent status and potential for biosimilar entry.
- Market access strategies and reimbursement frameworks.
- Real-world evidence and clinical data to support pricing negotiations.
Pricing and market penetration are intertwined; aggressive early pricing can facilitate rapid market share gains, but sustainability depends on value demonstration and competitive landscape evolution.
Key Market Trends and Outlook
- Emerging biologics and gene therapies pose a long-term challenge to traditional small-molecule or peptide-based drugs.
- Global expansion could offer new revenue streams but involves navigating complex regulatory environments.
- Personalized medicine trends favor a move toward patient-specific therapies, potentially increasing per-unit prices.
Conclusion
The market for NDC 71767-0100 is positioned within a high-value, innovation-driven niche with significant upside potential if regulatory and reimbursement hurdles are navigated effectively. Pricing strategies should balance market demand, competitive pressures, and cost structures. Long-term growth hinges on expanded indications, successful commercialization, and strategic partnerships.
Key Takeaways
- The drug's current market is modest but promising, driven by rare indications and unmet medical needs.
- Price points are likely in the range of $150,000–$200,000 per treatment course initially.
- Competitive threats and biosimilar entries could pressure prices in the medium term.
- Regulatory and reimbursement policies are critical determinants of market access and profitability.
- Strategic positioning, including indication expansion and differentiated value propositions, is essential for maximizing revenue.
FAQs
1. What factors most influence the pricing of drugs like NDC 71767-0100?
Drug pricing is primarily affected by therapeutic value, manufacturing costs, patent and exclusivity status, competition, and reimbursement negotiations with payers.
2. How does regulatory approval impact the market potential of this drug?
Regulatory approvals determine market access, labeling scope, and reimbursement eligibility, all of which directly influence sales volume and pricing.
3. What are the typical price ranges for specialty drugs targeting rare diseases?
Prices generally range from $50,000 to $300,000 annually, with many drugs in the $100,000–$200,000 range reflecting high R&D costs and small patient populations.
4. How does competition from biosimilars affect drug pricing?
Biosimilar entry typically leads to substantial price reductions, often between 20–50%, depending on market share and exclusivity periods.
5. When can we expect significant price erosion in this market?
Price erosion is most likely upon biosimilar or generic entry, or as payer pressure intensifies to negotiate lower prices, usually within 5–10 years post-launch.
Sources
[1] IQVIA Institute for Human Data Science, Global Use of Medicines in 2022, 2022.
[2] EvaluatePharma, World Preview 2023, Outlook to 2028, 2023.
[3] FDA, Drug Approval and Regulatory Status, 2023.
[4] MarketWatch, Biotech and Specialty Drug Price Trends, 2023.
[5] Bloomberg Intelligence, Biotech Sector Outlook, 2023.
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