Drug Price Trends for POLY-VENT DM TABLET

Average Pharmacy Cost for POLY-VENT DM TABLET

These are average pharmacy acquisition costs (net of discounts) from a US national survey

Drug Name	NDC	Price/Unit ($)	Unit	Date
POLY-VENT DM TABLET	50991-0214-01	0.62764	EACH	2024-09-18
POLY-VENT DM TABLET	50991-0214-01	0.63088	EACH	2024-04-17

Market Analysis and Price Projections for Poly-Vent DM Tablet

Introduction to Poly-Vent DM

Poly-Vent DM is a combination medication used to temporarily treat symptoms such as cough, chest congestion, and a stuffy nose, which are commonly associated with the common cold, flu, allergies, and hay fever. The medication typically contains a combination of guaifenesin, pseudoephedrine, and dextromethorphan[1][4][5].

Market Size Estimation

To estimate the market size and project prices for Poly-Vent DM, several key factors need to be considered:

Incidence and Prevalence of Target Conditions

• Prevalence: The total number of potential patients at any one point in time. For conditions like the common cold and allergies, this is significant due to their recurring nature.
• Incidence: The number of new potential patients each year. This is particularly relevant for acute events such as the flu season[3].

Target Market Segmentation

• Patient Segments: Segmentation helps in refining penetration and share forecasts. For example, severely affected patients, moderately affected patients, and mildly affected patients can be identified. This segmentation allows for targeted marketing and treatment strategies[3].

Addressable Market Size Estimation

• Percentage of Diagnosed Patients: Estimating the percentage of patients who are diagnosed and treated for the target conditions.
• Percentage of Patients Treated: Determining the percentage of diagnosed patients who are actually treated with medications like Poly-Vent DM[3].

Market Analysis Techniques

Bottom-Up Approach

• This involves detailed analysis at the individual patient level, including:
  • Total population vs. population in target markets.
  • Incidence and prevalence of the disease or condition.
  • Penetration, pricing studies, competitive analysis, compliance analysis, reimbursement analysis, and utilization patterns analysis[3].

Analyst Insights and Research Reports

• Using reports from market analysts and research firms to cross-check and validate the bottom-up model.
• Considering historical penetration of comparable products and objective comparisons versus currently available treatments[3].

Analogue Markets

• Analyzing the market performance of similar products to estimate potential market size and revenue for Poly-Vent DM[3].

Competitive Analysis

Existing Treatments

• Comparing the efficacy, safety, and convenience of Poly-Vent DM with existing treatments.
• Identifying whether Poly-Vent DM offers better outcomes in certain patient subgroups or synergistic benefits with other treatments[3].

Market Share and Penetration

• Analyzing the historical penetration of similar products and the potential market share for Poly-Vent DM.
• Conducting preference analysis through physician interviews to gauge acceptance and potential use versus competing treatments[3].

Pricing Strategies

Price per Day of Drug

• Calculating the price per day of the drug based on the dosage and treatment duration.
• Considering the pricing patterns of similar products and the competitive landscape[3].

Reimbursement Analysis

• Understanding the reimbursement policies and how they impact the pricing and market penetration of Poly-Vent DM.
• Analyzing the likelihood of reimbursement from key payer groups[3].

Market Forecasting

Growth Drivers Analysis

• Identifying factors that drive market growth, such as seasonal demand (e.g., flu season), demographic changes, and healthcare policy shifts.
• Analyzing the impact of marketing efforts on physician prescribing behavior and patient demand[3].

Penetration Analysis

• Estimating the potential penetration of Poly-Vent DM into the market, considering factors like prescriber concentration, sales force design, and reimbursement positioning.
• Adjusting forecasts based on historical data and preference analysis to avoid overestimation[3].

Price Projections

Short-Term Projections

• Based on current market conditions, competition, and pricing strategies, short-term price projections can be made.
• For example, if the current market price for a similar combination medication is around $10-$15 per dose, Poly-Vent DM could be priced competitively within this range[1][4][5].

Long-Term Projections

• Long-term price projections consider factors such as inflation, changes in healthcare policies, and the introduction of new competitors.
• If Poly-Vent DM demonstrates better efficacy or safety compared to existing treatments, it may command a premium price over time[3].

Key Takeaways

• Market Size Estimation: Requires detailed analysis of incidence, prevalence, and target market segmentation.
• Competitive Analysis: Involves comparing Poly-Vent DM with existing treatments and analyzing market share and penetration.
• Pricing Strategies: Consider price per day, reimbursement policies, and competitive pricing.
• Market Forecasting: Analyze growth drivers, penetration, and adjust forecasts based on historical data.

FAQs

What is Poly-Vent DM used for?

Poly-Vent DM is used to temporarily treat symptoms such as cough, chest congestion, and a stuffy nose caused by the common cold, flu, allergies, and hay fever[1][4][5].

How should Poly-Vent DM be taken?

Poly-Vent DM should be taken by mouth with or without food, following the directions on the product package or as directed by a doctor. It is important to drink plenty of fluids to help loosen mucus in the lungs[1][5].

What are the key ingredients in Poly-Vent DM?

The key ingredients are guaifenesin, pseudoephedrine, and dextromethorphan[1][4][5].

Can Poly-Vent DM interact with other medications?

Yes, Poly-Vent DM can interact with other medications and may interfere with certain medical/lab tests. It is important to consult a healthcare professional and inform them of all medications being taken[1][5].

How is the market size for Poly-Vent DM estimated?

The market size is estimated using a bottom-up approach, including analysis of incidence and prevalence, target market segmentation, and comparison with analogue markets[3].

Sources:

1. WebMD: Poly-Vent DM Oral: Uses, Side Effects, Interactions...
2. Kaiser Permanente: Poly-Vent DM 60 mg-20 mg-380 mg tablet
3. iHealthcareAnalyst: Revenue Forecasting Techniques for New Pharmaceutical Drugs
4. Memorial Sloan Kettering: Guaifenesin, Pseudoephedrine, and Dextromethorphan
5. WebMD: Poly-Vent Oral: Uses, Side Effects, Interactions, Pictures...