NDC Pricing 16714-645-03 Pioglitazone
Tablet Oral

Current Pricing Information

The most recent wholesale price for a package of 500 TABLET in 1 BOTTLE is $0.07928 per billable unit.Pioglitazone is a a human prescription drug labeled by Northstar Rxllc and is priced per "EA" unit. The pricing information is based on the National Average Drug Acquisition Cost (NADAC) and is effective since 05-17-2023.

NADAC pricing data is based on random monthly surveys and reflects the average drug invoice price paid by retail community pharmacies to wholesalers. The data source for this pricing survey was a C/I - Chain or Independent Pharmacy.

Field Name	Field Value
Price per Unit	$0.07928
Effective Date Effective Date The effective date of the NADAC Per Unit cost.	05-17-2023
Pricing Unit Pricing Unit Indicates the pricing unit for the associated NDC (ML, GM or EA).	EA
Estimated Billable Units per Package	500 EA
NDC Code	16714-645-03
Package Description	500 TABLET in 1 BOTTLE
Pharmacy Type Indicator Pharmacy Type Indicator The source of pharmacy survey data used to calculate the NADAC. 'C/I' indicates data was collected from surveys of Chain/Independent pharmacies. Other pharmacy type indicators are not used at this time.	C/I - Chain or Independent Pharmacy
Explanation Code Explanation Code The source of pharmacy survey data used to calculate the NADAC. 'C/I' indicates data was collected from surveys of Chain/Independent pharmacies. Other pharmacy type indicators are not used at this time.	Code 1: The NADAC was calculated using information from the most recently completed pharmacy survey.
Classification for Rate Setting Classification for Rate Setting Indicates whether the NDC was considered brand (B) or generic (G) for the NADAC rate calculation process. If the NDC was considered brand (B) and approved under an Abbreviated New Drug Application (ANDA), the indicator is shown as (B-ANDA).	G - Generic
As of Date	05-24-2023

The Centers for Medicare and Medicaid Services (CMS) compile the NADAC data based on random monthly surveys on more than 60,000 pharmacies from all 50 states and the District of Columbia. NADAC pricing information is NOT the price paid by end-customers but instead the price paid by pharmacies to drug wholesalers and distributors.

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Pricing History

The NADAC wholesale price of Pioglitazone 16714-645-03 has fluctuated from a low of $0.07805 to a high of $0.07928 per billable unit . The historical price table below includes all the price changes based on the monthly surveys of retail and chain pharmacies taken by the Centers for Medicare and Medicaid Services (CMS).

Effective Date	Price per Unit	Pricing Unit	Pharmacy Type Indicator	Explanation Code	Classification Rate Setting
05-17-2023	$0.07928	EA	C/I - Chain or Independent Pharmacy	Code 1: The NADAC was calculated using information from the most recently completed pharmacy survey.	G - Generic
05-03-2023	$0.07805	EA	C/I - Chain or Independent Pharmacy	Code 1: The NADAC was calculated using information from the most recently completed pharmacy survey.	G - Generic

The pricing data in this page is based on the National Average Drug Acquisition Cost (NADAC). The NADAC data is compiled by CMS and updated every week. The NADAC dataset is designed to help create a national benchmark reflective of the wholesale prices paid by retails pharmacies to acquire prescription and over-the-counter drugs. The pricing information in this page reflects the reference point that healthcare programs like Medicaid may use to reimburse pharmacies. The pricing data is this page is NOT the price paid by end-customers.

NADAC Pricing Data Last Updated on: May 24, 2023