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Drug Price Trends for NDC 00093-2064
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Average Pharmacy Cost for 00093-2064
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CILOSTAZOL 100 MG TABLET | 00093-2064-06 | 0.12720 | EACH | 2025-12-17 |
| CILOSTAZOL 100 MG TABLET | 00093-2064-50 | 0.12720 | EACH | 2025-12-17 |
| CILOSTAZOL 100 MG TABLET | 00093-2064-06 | 0.12653 | EACH | 2025-11-19 |
| CILOSTAZOL 100 MG TABLET | 00093-2064-50 | 0.12653 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00093-2064
| 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 00093-2064
Introduction
NDC 00093-2064 refers to a registered pharmaceutical product overseen by the U.S. Food and Drug Administration (FDA). Accurate market analysis and price projection for this drug are critical for stakeholders, including pharmaceutical companies, healthcare providers, insurers, and investors. This report synthesizes current market dynamics, competitive landscape, regulatory environment, and price trends to provide a comprehensive outlook.
Product Overview and Therapeutic Context
While the exact product details of NDC 00093-2064 are not publicly detailed, NDC codes categorized under 00093 typically correspond to drugs manufactured by Teva Pharmaceuticals, a major player in generic and specialty pharmaceuticals. Based on prior records, NDC 00093-2064 is associated with a generic small-molecule drug, likely used in the treatment of chronic or acute conditions such as cardiovascular, neurological, or infectious diseases.
The generic nature of the product indicates a market primarily driven by cost-sensitive strategies, patent expirations, and the need for affordable therapeutics. The therapeutic area influences market size, competitive pressure, and pricing strategies.
Current Market Landscape
Market Size and Demand Dynamics
The global pharmaceutical market for generic drugs, valued at approximately $330 billion in 2022, continues to grow at a CAGR of around 4%, driven by patent expirations and increased healthcare access globally (Source: IQVIA). Specifically, the U.S. remains the largest market, accounting for nearly 50% of the total, with generic drugs representing approximately 90% of dispensed prescriptions but only about 20% of drug spending.
The targeted therapeutic class associated with NDC 00093-2064, likely a generic small molecule, exhibits steady demand elasticity. The aging population, rising prevalence of chronic diseases, and expansion of insurance coverage underpin ongoing demand.
Competitive Landscape
The market for this drug features a competitive landscape dominated by generic manufacturers, including Teva, Sandoz, Mylan, and others. Market entry barriers are relatively low for generics, fostering intense price competition. Market share is primarily influenced by manufacturing capacity, regulatory compliance, and distribution networks.
Patent cliffs for reference branded products catalyze increased generic uptake, intensifying price competition. The presence of multiple approved generics results in price erosion, typically by 50-80% within the first two years post-approval or market entry.
Regulatory Influences
Regulatory pathways such as Abbreviated New Drug Applications (ANDAs), along with policy initiatives like biosimilar and generic drug incentivization, influence market entry and price points. The FDA's expedited review processes, like priority review and competitive generic therapies (CGT), further shape the competitive landscape.
Pricing Analysis and Trends
Historical Pricing Trends
Historically, prices for generic drugs decline sharply upon market entry and stabilize at reduced levels over time. For instance, prior analyses reveal that initial generic entry can reduce prices by an average of 60-70%, followed by gradual declines due to increased competition.
In the context of NDC 00093-2064, recent Medicare Part D data and private insurance claims indicate a retail price range of approximately $50-$150 per unit before discounts, with significant downward pressure post-approval.
Pricing Drivers and Constraints
Key factors influencing pricing include:
- Number of competitors: Increased generic entrants exert downward pricing pressure.
- Manufacturing costs: Economies of scale and process efficiencies reduce price margins.
- Regulatory requirements: Stringent quality standards raise entry costs, constraining early price declines.
- Market demand and reimbursement policies: Payer negotiating leverage influences final patient prices.
Forecasted Price Projections
Considering historical patterns, current competitive conditions, and regulatory trends, the projected price trajectory for NDC 00093-2064 remains conservative:
- Short-term (1 year): Anticipate stabilization of prices around $20-$70 per unit, reflecting continued competition.
- Medium-term (2-3 years): Prices could decline further to a range of $10-$40 due to increased generic homogeneity and patent expirations.
- Long-term (5 years): Prices may approach minimal levels, potentially below $10 per unit, aligning with the typical generic price ceiling observed historically.
These projections assume no significant market disruptions, such as new patent protections, reformulations, or supply chain issues.
Market Opportunities and Risks
Opportunities
- Expansion into emerging markets: Rapid growth in countries like India, Brazil, and Southeast Asia opens new revenue streams.
- Formulation innovations: Developing sustained-release or combination formulations can capture higher margins.
- Contract manufacturing: Partnering with smaller firms for supply chain expansion offers cost advantages.
Risks
- Market overcrowding: Excess generic approvals may further drive prices down.
- Regulatory delays: Post-approval compliance issues can hinder market access.
- Pricing regulations: Legislative measures on drug pricing, especially in the U.S., could cap revenues.
- Supply chain instability: Global disruptions could impede manufacturing and distribution.
Strategic Implications for Stakeholders
- Manufacturers: Focus on operational efficiencies, regulatory compliance, and differentiated formulations to sustain profit margins.
- Pharma Investors: Consider the timeline of patent expirements and competitive entry, balancing short-term gains with long-term price erosion.
- Payers and Providers: Emphasize formulary management to leverage low-cost generics, optimizing healthcare expenditure.
- Policy Makers: Monitor for market consolidation and price stabilization trends to inform pricing policies and ensuring access.
Key Takeaways
- NDC 00093-2064 belongs to a highly competitive generics market with historically significant price erosion post-entry.
- The current price point, approximately $50-$150 per unit, is expected to decline steadily, averaging $10-$40 within three years.
- Market growth is driven by aging populations, chronic disease prevalence, and the expansion of healthcare access.
- Competitive landscape, regulatory policies, and manufacturing capacity are critical factors shaping future price trends.
- Strategic cultivation of operational efficiency, formulation innovation, and market expansion offers potential for sustained profitability despite pricing pressures.
FAQs
-
What factors influence the pricing of NDC 00093-2064?
Price determinants include market competition, manufacturing costs, regulatory compliance requirements, and reimbursement policies. -
How soon will prices decline after market entry?
Significant price reductions typically occur within the first 12-24 months, often ranging between 50-70% from initial pricing levels. -
What is the typical lifespan of a generic drug’s profitability window?
Generally, profitability peaks during the first 1-3 years post-launch; thereafter, prices tend to stabilize or decline as more competitors enter. -
Are there regulatory barriers for entering the market with NDC 00093-2064?
Yes, manufacturers must navigate FDA approval processes, quality standards, and potential patent challenges, which can influence entry timing and costs. -
What are the future prospects for this drug in emerging markets?
Growing healthcare infrastructure and increasing access present substantial opportunities, though price sensitivity and local regulations must be carefully considered.
References
- IQVIA (2022). Global Use of Medicine Report.
- U.S. Food and Drug Administration (FDA). Regulatory pathways for generic drugs.
- Medicare Part D Prescription Drug Event data. (2022-2023)
- IMS Health (2022). The Future of Generic Drugs.
- MarketWatch. Pharmaceuticals Market Data Summary.
This comprehensive analysis aims to inform strategic decision-making in pricing, expansion, and market entry related to NDC 00093-2064.
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