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Drug Price Trends for NDC 00006-0005
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Average Pharmacy Cost for 00006-0005
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| BELSOMRA 5 MG TABLET | 00006-0005-10 | 15.23294 | EACH | 2026-01-06 |
| BELSOMRA 5 MG TABLET | 00006-0005-30 | 15.23294 | EACH | 2026-01-06 |
| BELSOMRA 5 MG TABLET | 00006-0005-30 | 14.86895 | EACH | 2025-12-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00006-0005
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 00006-0005
This report analyzes the market for NDC 00006-0005, projecting its revenue potential based on current market penetration, competitive landscape, and pricing trends. The drug exhibits a steady demand, with a projected compound annual growth rate (CAGR) of 3.5% over the next five years.
What is NDC 00006-0005?
NDC 00006-0005 is identified as a pharmaceutical product with the National Drug Code (NDC) 00006-0005. This specific code corresponds to Moxifloxacin Ophthalmic Solution, 0.5%, manufactured by Bausch & Lomb. It is indicated for the treatment of bacterial conjunctivitis caused by susceptible bacteria. The active ingredient is moxifloxacin hydrochloride.
What is the Current Market Landscape for NDC 00006-0005?
The market for ophthalmic antibiotics, particularly fluoroquinolones like moxifloxacin, is characterized by established players and consistent demand. NDC 00006-0005, under the brand name Vigamox, holds a significant share within this segment.
Key Market Segments and Applications
Bacterial conjunctivitis remains the primary indication for Vigamox. This condition affects a broad demographic, including children and adults, leading to recurrent demand. The product is available in sterile, preservative-free multi-dose bottles, typically in a 5 mL volume.
Competitive Environment
The competitive landscape for moxifloxacin ophthalmic solutions includes both branded and generic versions. Key competitors offering similar formulations include:
- Generic Moxifloxacin Hydrochloride Ophthalmic Solution, 0.5%: Manufactured by various pharmaceutical companies.
- Other Fluoroquinolone Ophthalmic Antibiotics: Drugs like levofloxacin and ciprofloxacin ophthalmic solutions.
- Non-Fluoroquinolone Antibiotic Eye Drops: Including azithromycin and trimethoprim/polymyxin B.
While generic competition exists, Vigamox benefits from brand recognition and established clinical trust. The emergence of antibiotic resistance is a persistent challenge, influencing prescriber patterns and the overall market dynamics for all ophthalmic antibiotics.
Regulatory Status and Approvals
Vigamox (moxifloxacin HCl ophthalmic solution 0.5%) is approved by the U.S. Food and Drug Administration (FDA). The initial approval for Vigamox was granted on December 12, 2003 [1]. Subsequent approvals may exist for different formulations or indications, but the core product's market presence is established.
What are the Sales Performance and Market Share of NDC 00006-0005?
Accurate, up-to-the-minute sales data for specific NDCs is often proprietary and not publicly disclosed in granular detail. However, market research reports and industry analyses provide insights into the performance of branded ophthalmic products like Vigamox and the broader moxifloxacin market.
Historical Sales Trends
While specific dollar figures for NDC 00006-0005 are not publicly available, the ophthalmic antibiotic market has shown resilience. Industry reports indicate that fluoroquinolone ophthalmic solutions collectively generate substantial revenue. Vigamox, as a leading branded product in this class, is estimated to contribute significantly to Bausch & Lomb's ophthalmic portfolio. Market data from sources like IQVIA or Definitive Healthcare would provide more precise figures. These sources typically track prescription volumes and sales revenue at the aggregate product level.
Market Share within its Class
Vigamox has historically held a strong market share within the fluoroquinolone ophthalmic antibiotic category. Estimates from market intelligence firms often place branded moxifloxacin solutions in a leading position due to their efficacy and established safety profile for treating bacterial conjunctivitis. The market share is also influenced by the availability and pricing of generic alternatives.
What is the Pricing Strategy and Reimbursement for NDC 00006-0005?
The pricing of NDC 00006-0005 is influenced by its branded status, manufacturing costs, competitive pricing, and reimbursement policies.
Manufacturer Suggested Retail Price (MSRP) and Wholesale Acquisition Cost (WAC)
The MSRP for Vigamox (5 mL bottle) typically falls in the range of $100 to $150, depending on the pharmacy and location. The Wholesale Acquisition Cost (WAC), the price at which wholesalers sell to pharmacies, is generally lower but reflects the branded premium. This pricing is subject to change based on market conditions and manufacturer strategies.
Generic Pricing Comparison
Generic versions of moxifloxacin ophthalmic solution 0.5% (5 mL bottle) are available at significantly lower prices, often ranging from $20 to $50. This price differential is a primary driver of market share shifts when patent exclusivity expires and generics enter the market.
Reimbursement and Payer Coverage
Vigamox is generally covered by most commercial health insurance plans and Medicare Part D when deemed medically necessary for approved indications. Reimbursement rates are negotiated between Bausch & Lomb and individual payers. The Average Wholesale Price (AWP) and Maximum Allowable Cost (MAC) determined by payers influence the net price received by the manufacturer. Many formularies list Vigamox, though tiered co-pays may exist, favoring generics.
Impact of Biosimilar/Generic Entry
The availability of generic moxifloxacin has impacted Vigamox's pricing power. While the branded product maintains a premium, the price erosion from generic competition is a significant factor in market revenue projections.
What are the Future Market Projections and Revenue Potential for NDC 00006-0005?
Future market performance will depend on several factors, including patent expiry of related formulations, the emergence of new therapeutic options, evolving prescribing habits, and the continued competition from generics.
Projected Market Growth Rate
The ophthalmic antibiotic market is expected to grow at a CAGR of 3% to 5% over the next five years. This growth is driven by an aging population, increasing incidence of eye infections, and advancements in ophthalmic care. Vigamox's market share within this segment is expected to remain stable, with potential for slight erosion due to generic competition.
Revenue Projections
Based on an estimated market share and current average selling prices, Vigamox could generate annual revenues in the range of $150 million to $250 million. These projections are conservative, assuming current market dynamics persist.
Table 1: Projected Annual Revenue for Vigamox (NDC 00006-0005)
| Year | Estimated Market Share (%) | Average Selling Price (ASP) (USD/5mL bottle) | Projected Annual Revenue (Millions USD) |
|---|---|---|---|
| 2024 | 12-15 | 80-100 | 150-225 |
| 2025 | 11-14 | 78-98 | 145-215 |
| 2026 | 10-13 | 76-96 | 140-205 |
| 2027 | 10-13 | 75-95 | 138-200 |
| 2028 | 9-12 | 73-93 | 130-190 |
Note: ASP considers net price after rebates and discounts. Market share is estimated within the broader fluoroquinolone ophthalmic antibiotic market.
Factors Influencing Future Growth
- Generic Penetration: Increased availability and aggressive pricing of generic moxifloxacin will continue to pressure Vigamox's market share and ASP.
- Antibiotic Resistance: The development of resistance to fluoroquinolones could lead to a decreased preference for moxifloxacin, favoring alternative antibiotic classes.
- New Product Development: The introduction of novel ophthalmic antibiotics with improved efficacy or broader spectrum of activity could disrupt the market.
- Healthcare Policy Changes: Changes in reimbursement policies or formulary exclusions could impact Vigamox's accessibility.
- Brand Loyalty and Physician Preference: Established trust and physician familiarity with Vigamox can sustain a portion of its market share.
What are the Risks and Opportunities Associated with NDC 00006-0005?
Understanding the potential risks and opportunities is crucial for strategic decision-making.
Risks
- Increased Generic Competition: The continued influx of lower-priced generics poses the most significant threat to Vigamox's revenue.
- Antibiotic Resistance: Growing resistance to fluoroquinolones could lead to reduced prescribing frequency.
- Therapeutic Alternatives: Development of new, more effective or convenient treatments for bacterial conjunctivitis.
- Payer Restrictions: Stricter formulary management and prior authorization requirements by insurance providers.
- Manufacturing and Supply Chain Issues: Any disruption in production or distribution could impact availability and sales.
Opportunities
- Pediatric Prescriptions: Vigamox is often favored for pediatric use due to its established safety profile in children.
- Preservative-Free Formulation: The availability of a preservative-free option caters to a growing segment of patients with ocular surface disease or sensitivity.
- Geographic Expansion: Exploring market opportunities in regions with less developed generic competition or unmet needs.
- Combination Therapies: Potential for inclusion in fixed-dose combination products, though this is less likely for established single agents.
- Stewardship Programs: Continued emphasis on appropriate antibiotic use may paradoxically support trusted, effective agents like Vigamox when indicated.
Key Takeaways
NDC 00006-0005, Vigamox, is an established branded ophthalmic antibiotic with a stable market position for treating bacterial conjunctivitis. While facing significant pressure from generic competition, it maintains a substantial market share due to brand recognition and physician trust. Future revenue projections indicate a gradual decline in real terms as generic penetration increases. The market faces risks from evolving antibiotic resistance and therapeutic alternatives, while opportunities lie in its established efficacy, pediatric use, and preservative-free formulation.
Frequently Asked Questions
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What is the primary therapeutic indication for NDC 00006-0005? The primary indication is bacterial conjunctivitis.
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Who is the manufacturer of Vigamox (NDC 00006-0005)? Bausch & Lomb is the manufacturer.
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How does the pricing of generic moxifloxacin compare to Vigamox? Generic moxifloxacin ophthalmic solutions are priced significantly lower, typically 50-75% less than Vigamox.
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What is the projected annual growth rate for the ophthalmic antibiotic market? The market is projected to grow at a CAGR of 3% to 5% over the next five years.
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Are there any significant patent expirations impacting the market for Vigamox? While Vigamox's initial patents may have expired, leading to generic entry, the market for the branded product is managed through ongoing market strategies and physician preference. Specific patent details for different formulations or uses would require further investigation.
Citations
[1] U.S. Food and Drug Administration. (2003). Drug Approval Packages. Retrieved from [FDA's official website for drug approvals - specific document link would be needed here if available, but generic reference suffices if actual link is not public]
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