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Drug Price Trends for KLOR-CON M20 TABLET
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Average Pharmacy Cost for KLOR-CON M20 TABLET
Drug Name | NDC | Price/Unit ($) | Unit | Date |
---|---|---|---|---|
KLOR-CON M20 TABLET | 00245-5319-10 | 0.06603 | EACH | 2025-02-19 |
KLOR-CON M20 TABLET | 00245-5319-11 | 0.06603 | EACH | 2025-02-19 |
KLOR-CON M20 TABLET | 00245-5319-90 | 0.06603 | EACH | 2025-02-19 |
KLOR-CON M20 TABLET | 00245-5319-01 | 0.06603 | EACH | 2025-02-19 |
KLOR-CON M20 TABLET | 00245-5319-15 | 0.06603 | EACH | 2025-02-19 |
KLOR-CON M20 TABLET | 00245-5319-89 | 0.06603 | EACH | 2025-02-19 |
>Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Market Analysis and Price Projections for Klor-Con M20 Tablet
Introduction
Klor-Con M20 is an extended-release oral tablet containing 1500 mg of microencapsulated potassium chloride, equivalent to 20 mEq of potassium. This medication is commonly used to treat and prevent hypokalemia, a condition characterized by low potassium levels in the blood. Here, we will delve into the market analysis and price projections for Klor-Con M20.
Market Overview
The market for potassium chloride supplements is competitive, with several brands and generic options available. Klor-Con M20, manufactured by Upsher-Smith Labs, is one of the key players in this market. Other notable brands include K-Dur, K-Tab, Micro-K, and Kaon-CI[2][4].
Competitive Landscape
The potassium chloride market is highly competitive, with multiple products offering similar therapeutic benefits. Klor-Con M20 competes directly with other extended-release potassium chloride tablets such as K-Dur 20. Physicians and pharmacists often substitute between these products, indicating a high level of interchangeability[4].
Pricing and Cost Analysis
Current Pricing
The cost of Klor-Con M20 varies depending on the quantity and the pharmacy. For a supply of 90 tablets, the price is approximately $27.99 to $30.05, which translates to a per-unit cost of around $0.31 to $0.33[2].
Price Comparison with Other Forms
- Oral Tablets: The price of Klor-Con M20 is comparable to other extended-release oral tablets. For example, a 15 mEq potassium chloride oral tablet can cost between $22.96 and $93.86 for 100 tablets[5].
- Oral Liquid and Powder: The prices for oral liquid and powder forms of potassium chloride are significantly higher. For instance, a 20 mEq/15 mL oral liquid can cost around $119.14 for 450 milliliters[5].
Generic and Brand Name Prices
Generic versions of potassium chloride are available and often priced lower than brand-name products. For example, a generic 20 mEq potassium chloride tablet can cost around $30.05 for 100 tablets, which is competitive with the brand-name prices[2].
Patient Assistance and Copay Programs
Patient assistance programs (PAPs) and copay cards can significantly reduce the cost of Klor-Con M20 for eligible patients. However, as of the latest information, no specific PAPs were found for this medication. Patients may need to consult their healthcare providers for available programs in their area[2].
Market Dynamics and Factors Affecting Prices
Regulatory Environment
Prices of prescription drugs like Klor-Con M20 are influenced by regulatory factors, including FDA approvals and reimbursement policies. Medicaid, Medicare Part D, and the Department of Defense (DOD) have different reimbursement rates, with Medicaid generally paying the lowest net prices for prescription drugs[3].
Supply and Demand
Stock shortages and changes in demand can impact the pricing of Klor-Con M20. Manufacturers and pharmacies often adjust prices based on supply chain disruptions and market demand fluctuations[2].
Competition and Substitution
The high level of competition and substitutability among potassium chloride products keeps prices in check. Pharmacists frequently substitute between different brands and dosages, which maintains price equilibrium in the market[4].
Price Projections
Short-Term Projections
In the short term, prices for Klor-Con M20 are likely to remain stable due to the competitive nature of the market and the availability of generic alternatives. Any significant price changes would be driven by supply chain issues or changes in regulatory policies.
Long-Term Projections
Long-term price projections suggest that the cost of Klor-Con M20 will continue to be influenced by the broader trends in the pharmaceutical industry, including increased competition from generics and biosimilars, and evolving reimbursement policies. Medicaid and other government programs may continue to negotiate lower prices, which could impact the overall market pricing[3].
Key Takeaways
- Competitive Market: Klor-Con M20 operates in a highly competitive market with multiple brands and generic options.
- Pricing Stability: Current prices are stable, with a cost of around $27.99 to $30.05 for 90 tablets.
- Patient Assistance: Patients may benefit from patient assistance programs, although specific programs for Klor-Con M20 are limited.
- Regulatory Influence: Prices are influenced by regulatory factors, including FDA approvals and reimbursement policies.
- Supply and Demand: Stock shortages and demand fluctuations can impact pricing.
FAQs
What is Klor-Con M20 used for?
Klor-Con M20 is used to treat and prevent hypokalemia, a condition characterized by low potassium levels in the blood.
How much does Klor-Con M20 cost?
The cost of Klor-Con M20 is approximately $27.99 to $30.05 for a supply of 90 tablets.
Are there generic versions of Klor-Con M20 available?
Yes, generic versions of potassium chloride are available and often priced competitively with brand-name products.
Can patients substitute Klor-Con M20 with other potassium chloride products?
Yes, Klor-Con M20 is therapeutically interchangeable with other potassium chloride products, such as K-Dur 20.
What factors affect the price of Klor-Con M20?
Prices are affected by regulatory policies, supply and demand, competition from other brands and generics, and patient assistance programs.
Sources
- PharmaCompass: Klor-Con | Drug Information, Uses, Side Effects, Chemistry.
- Drugs.com: Klor-Con M20 Prices, Coupons, Copay Cards & Patient Assistance.
- GAO: Comparison of DOD, Medicaid, and Medicare Part D Retail Reimbursement Prices.
- FTC: D:\Docket 9297 ScheringUpsher Initial Decision Final Redacted.
- Drugs.com: Potassium chloride Prices, Coupons, Copay Cards & Patient Assistance.
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