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Drug Price Trends for CHLORDIAZEPOXIDE-CLIDINIUM CAP
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Average Pharmacy Cost for CHLORDIAZEPOXIDE-CLIDINIUM CAP
Drug Name | NDC | Price/Unit ($) | Unit | Date |
---|---|---|---|---|
CHLORDIAZEPOXIDE-CLIDINIUM CAP | 70700-0185-01 | 0.33121 | EACH | 2025-03-19 |
CHLORDIAZEPOXIDE-CLIDINIUM CAP | 11534-0197-01 | 0.33121 | EACH | 2025-03-19 |
CHLORDIAZEPOXIDE-CLIDINIUM CAP | 23155-0808-01 | 0.33121 | EACH | 2025-03-19 |
CHLORDIAZEPOXIDE-CLIDINIUM CAP | 43598-0706-01 | 0.33121 | EACH | 2025-03-19 |
>Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Market Analysis and Price Projections for Chlordiazepoxide-Clidinium Capsules
Introduction
Chlordiazepoxide-Clidinium capsules, commonly known by the brand name Librax, are a combination medication used to treat various gastrointestinal conditions such as irritable bowel syndrome, enterocolitis, and peptic ulcers. This analysis will delve into the market dynamics, pricing, and future projections for this medication.
Market Overview
The market for Chlordiazepoxide-Clidinium capsules includes both the brand name Librax and its generic equivalents. As of 2021, the combined brand and generic market for Librax had U.S. sales of approximately $105.9 million for the twelve months ending in July 2021, according to IQVIA Health[1][3].
Generic Availability
The introduction of generic versions has significantly impacted the market. Several pharmaceutical companies, including Dr. Reddy’s Laboratories, Alembic, Alkem Labs, Amneal, Aurobindo Pharma, Chartwell RX, and Corepharma, have received FDA approval for their generic versions of Chlordiazepoxide-Clidinium capsules[4].
Pricing Dynamics
Brand Name Pricing
The brand name Librax is considerably more expensive than its generic counterparts. For a supply of 100 capsules, the cost of Librax can be around $5,216.06, making it a costly option for patients without insurance coverage[5].
Generic Pricing
Generic versions of Chlordiazepoxide-Clidinium capsules are substantially cheaper. For example, a supply of 20 capsules can cost around $81.05, and for 100 capsules, the price ranges from $179.46 to $367.23, depending on the pharmacy and the specific generic manufacturer[2][5].
Impact of Generic Competition
The entry of multiple generic manufacturers has led to increased competition, which typically drives prices down. This competition is expected to continue, potentially reducing the average cost of the medication further.
Patient Assistance and Discount Programs
To make the medication more affordable, various discount programs and cards are available. For instance, the Drugs.com Discount Card can save patients up to 80% on prescription medications, including Chlordiazepoxide-Clidinium capsules[2][5].
Market Projections
Short-Term Projections
In the short term, the market is expected to see continued competition among generic manufacturers, which will likely keep prices stable or slightly lower. The availability of discount programs and patient assistance initiatives will also play a crucial role in making the medication more accessible.
Long-Term Projections
Long-term projections suggest that the market will stabilize with multiple generic options available. As more patients opt for the cheaper generic versions, the brand name market share is likely to decrease. However, the overall demand for the medication is expected to remain steady due to its efficacy in treating gastrointestinal conditions.
Risks and Considerations
Regulatory Risks
Changes in FDA regulations or policies could impact the availability and pricing of Chlordiazepoxide-Clidinium capsules. Manufacturers must comply with stringent regulatory requirements, and any non-compliance could lead to market disruptions[3].
Economic Factors
Economic conditions, such as inflation and changes in healthcare policies, can influence the pricing and affordability of the medication. For example, economic downturns might lead to increased demand for generic versions over brand names[1].
Public Health Trends
Public health trends, including the prevalence of gastrointestinal conditions, will also influence the demand for this medication. An increase in these conditions could drive up demand, potentially stabilizing or increasing prices.
Key Takeaways
- The market for Chlordiazepoxide-Clidinium capsules is dominated by generic versions, which are significantly cheaper than the brand name Librax.
- Multiple generic manufacturers have entered the market, increasing competition and driving prices down.
- Discount programs and patient assistance initiatives are crucial in making the medication more affordable.
- Long-term projections indicate a stable market with continued demand for the medication due to its efficacy.
FAQs
What is Chlordiazepoxide-Clidinium used for?
Chlordiazepoxide-Clidinium is used to treat gastrointestinal conditions such as irritable bowel syndrome, enterocolitis, and peptic ulcers.
How much does Chlordiazepoxide-Clidinium cost?
The cost varies significantly between brand and generic versions. Brand name Librax can cost around $5,216 for 100 capsules, while generic versions can cost between $179.46 to $367.23 for the same quantity[2][5].
Are there any discount programs available for Chlordiazepoxide-Clidinium?
Yes, several discount programs and cards, such as the Drugs.com Discount Card, can save patients up to 80% on the cost of the medication[2][5].
What are the risks associated with Chlordiazepoxide-Clidinium?
The medication carries risks such as abuse, misuse, addiction, and dependence, as well as withdrawal reactions when used concomitantly with opioids[3].
How has the introduction of generic versions affected the market?
The introduction of generic versions has increased competition, driving prices down and making the medication more affordable for patients.
Sources
- Dr. Reddy's Laboratories Announces the Launch of Chlordiazepoxide Hydrochloride and Clidinium Bromide Capsules USP in the U.S. Market - BioSpace
- Chlordiazepoxide/clidinium Prices, Coupons, Copay Cards & Patient Assistance - Drugs.com
- Dr. Reddy's Laboratories Announces Launch of Chlordiazepoxide Hydrochloride, Clidinium Bromide Capsules, USP in the US Market - Pharmacy Times
- Generic Librax Availability - Drugs.com
- Librax Prices, Coupons, Copay Cards & Patient Assistance - Drugs.com
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