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Last Updated: January 19, 2025

Drug Price Trends for GENTIAN VIOLET


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Drug Price Trends for GENTIAN VIOLET

Average Pharmacy Cost for GENTIAN VIOLET

These are average pharmacy acquisition costs (net of discounts) from a US national survey
Drug Name NDC Price/Unit ($) Unit Date
GENTIAN VIOLET 1% SOLUTION 24385-0003-46 0.04950 ML 2024-12-18
GENTIAN VIOLET 1% SOLUTION 24385-0003-46 0.04951 ML 2024-11-20
GENTIAN VIOLET 1% SOLUTION 24385-0003-46 0.04949 ML 2024-10-23
GENTIAN VIOLET 1% SOLUTION 24385-0003-46 0.04949 ML 2024-09-18
GENTIAN VIOLET 1% SOLUTION 24385-0003-46 0.04951 ML 2024-08-21
GENTIAN VIOLET 1% SOLUTION 24385-0003-46 0.04949 ML 2024-07-17
GENTIAN VIOLET 1% SOLUTION 24385-0003-46 0.04949 ML 2024-06-19
>Drug Name >NDC >Price/Unit ($) >Unit >Date

Best Wholesale Price for GENTIAN VIOLET

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available to any customer under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Unit Dates Price Type
GENTIAN VIOLET 2% SOLN,TOP The Podiatree Company 54633-0014-02 59ML 9.65 0.16356 ML 2022-02-01 - 2025-11-14 FSS
GENTIAN VIOLET 2% SOLN,TOP The Podiatree Company 54633-0014-02 59ML 8.70 0.14746 ML 2020-11-15 - 2025-11-14 FSS
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Unit >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

Market Analysis and Price Projections for Gentian Violet

Introduction

Gentian violet, a versatile and historic antiseptic, has been in use for over a century. Its applications span from medical treatments to veterinary and aquaculture uses. This article will delve into the market analysis and price projections for gentian violet, considering its efficacy, safety concerns, and market dynamics.

Historical and Current Uses of Gentian Violet

Gentian violet has a long history as an antibacterial, antifungal, and antihelminthic agent. It is used in treating bacterial skin infections, fungal infections, and other conditions such as oropharyngeal candidiasis, particularly in resource-limited settings[2][5].

Efficacy and Safety

Efficacy

Studies have shown that gentian violet is effective against various pathogens, including Candida albicans and Gram-positive bacteria like Staphylococcus species. It has been compared favorably to other treatments, such as nystatin oral suspension, in terms of efficacy and cost[2].

Safety Concerns

Despite its efficacy, gentian violet has raised safety concerns. Health Canada and other regulatory bodies have highlighted the potential risk of carcinogenicity associated with high-dose oral exposure to gentian violet in animal studies. However, there is no conclusive evidence of cancer risk with low-dose external application in humans[1][4].

Market Dynamics

Production and Supply

Gentian violet is primarily produced in India and China, with significant import volumes in the European Union and the United States. The production volumes have varied over the years, but it remains a widely available compound[3].

Demand

The demand for gentian violet is driven by its diverse applications in human health, veterinary medicine, and aquaculture. In human health, it is particularly valued in resource-limited settings due to its low cost and effectiveness[2][3].

Price Analysis

Cost Comparison

Gentian violet is significantly cheaper than many alternative treatments. For instance, a study comparing gentian violet with nystatin oral suspension found that the procurement cost of gentian violet was substantially lower (median $2.51 vs. $19.42)[2].

Market Trends

The price of gentian violet can fluctuate based on production costs, regulatory changes, and market demand. However, given its long history and widespread use, the price tends to remain relatively stable.

Price Projections

Short-Term Projections

In the short term, the price of gentian violet is expected to remain stable due to consistent demand and supply. The cost-effectiveness of gentian violet, especially in resource-limited settings, ensures a steady market demand.

Long-Term Projections

Long-term price projections may be influenced by several factors:

  • Regulatory Changes: If regulatory bodies impose stricter guidelines or bans on the use of gentian violet due to safety concerns, this could impact supply and drive up prices.
  • Technological Advancements: The development of newer, safer antiseptics could reduce demand for gentian violet and potentially lower its price.
  • Market Expansion: Increased use in veterinary and aquaculture sectors could stabilize or even increase prices due to higher demand.

Competitive Landscape

Gentian violet competes with other antiseptics and antimicrobial agents. However, its unique properties and cost-effectiveness give it a competitive edge, particularly in niche markets.

Consumer and Healthcare Professional Perspectives

Healthcare professionals appreciate gentian violet for its efficacy in treating certain acute conditions, despite the need for caution regarding its potential carcinogenic risks. Consumers, especially in resource-limited settings, value it for its affordability and effectiveness[1][2].

Regulatory Environment

Regulatory bodies such as Health Canada and the FAO/WHO Joint Expert Committee on Food Additives have issued warnings and guidelines on the use of gentian violet. These regulations can impact the market by influencing how and where gentian violet can be used[1][4].

Conclusion

Gentian violet remains a valuable therapeutic agent with a strong market presence due to its efficacy, cost-effectiveness, and diverse applications. While safety concerns exist, they are primarily associated with high-dose oral exposure, and the current evidence does not suggest a significant risk with external use.

Key Takeaways

  • Gentian violet is effective against various pathogens, including Candida albicans and Gram-positive bacteria.
  • It is significantly cheaper than many alternative treatments.
  • Safety concerns are mainly related to high-dose oral exposure in animal studies.
  • The market demand is driven by its use in human health, veterinary medicine, and aquaculture.
  • Price stability is expected in the short term, with potential fluctuations in the long term based on regulatory and market changes.

FAQs

What are the primary uses of gentian violet?

Gentian violet is used as an antiseptic for treating bacterial skin infections, fungal infections, and other conditions such as oropharyngeal candidiasis. It is also used in veterinary medicine and aquaculture.

Is gentian violet safe for use?

Gentian violet is generally safe for external use but has raised safety concerns related to potential carcinogenicity with high-dose oral exposure in animal studies. There is no conclusive evidence of cancer risk with low-dose external application in humans.

How does the cost of gentian violet compare to other treatments?

Gentian violet is significantly cheaper than many alternative treatments. For example, it costs substantially less than nystatin oral suspension.

What are the regulatory concerns surrounding gentian violet?

Regulatory bodies have issued warnings about the potential carcinogenic risks associated with gentian violet, particularly with high-dose oral exposure. This has led to guidelines limiting its use and recommending caution.

Where is gentian violet primarily produced?

Gentian violet is primarily produced in India and China, with significant import volumes in the European Union and the United States.

Sources

  1. Health Sciences Authority. "Safety update on gentian violet antiseptic."
  2. PubMed. "Topical gentian violet compared with nystatin oral suspension for the treatment of oropharyngeal candidiasis in HIV-1-infected adults."
  3. IARC Publications. "GENTIAN VIOLET, LEUCOGENTIAN VIOLET, MALACHITE GREEN."
  4. Safe Piercing. "Gentian Violet Concerns & Alternatives."
  5. Wiley Online Library. "Gentian Violet: a 19th century drug reā€emerges in the 21st century."

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