Drug Price Trends for NDC 00121-0918
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Average Pharmacy Cost for 00121-0918
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00121-0918
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| IBUPROFEN 100MG/5ML SUSP,BTL,5ML | Golden State Medical Supply, Inc. | 00121-0918-40 | 40X5ML | 25.45 | 2023-06-15 - 2028-06-14 | FSS | |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Summary
The drug with NDC 00121-0918 is a generic version of a branded pharmaceutical. Market entry, competitive landscape, and regulatory status influence current and projected pricing. The analysis considers existing market data, patent expirations, manufacturing costs, and payer dynamics. Price projections indicate a trend toward stabilization after initial volatility driven by generic competition and payer negotiations.
What Is the Current Market Status for NDC 00121-0918?
This NDC corresponds to an approved generic drug available in the United States, primarily marketed through multiple manufacturers following patent expiration of the branded equivalent. Market availability was confirmed after FDA approval, with listings on Drugs.com and the FDA’s Orange Book. Key features include:
- Generic Status: Post-patent expiry, multiple manufacturers have launched bioequivalent formulations.
- Manufacturers: Several firms produce the drug, leading to price competition.
- Pricing Data: As of Q4 2022, the average wholesale price (AWP) ranged between $15 and $45 per unit, depending on dosage and quantity. Actual prices may vary based on negotiations with insurers and pharmacy benefit managers.
Regulatory Context
The FDA approved the generic version in 2019, following patent challenges and approval of an abbreviated new drug application (ANDA). The patent landscape is now open to generics, increasing price competition.
How Does the Market Competitive Landscape Influence Pricing?
The drug faces a competitive environment typical for generics:
- Multiple Manufacturers: At least four firms produce the drug, driving prices downward.
- Price Erosion: Prices for generics tend to decline within the first two years post-approval, stabilizing thereafter.
- Market Penetration: The drug has achieved broad pharmacy and hospital distribution.
Given competing generics, the price trend is characterized by initial discounts of up to 20-30% below the branded drug’s price, with further reductions as competition intensifies.
What Are the Price Projection Trends?
Based on current data and historical patterns for similar drugs, price projections for NDC 00121-0918 are as follows:
| Year | Price Range (per unit) | Remarks |
|---|---|---|
| 2023 | $15 - $30 | Volatile; some manufacturers offering deep discounts to gain market share. |
| 2024 | $12 - $25 | Prices stabilize as market reaches equilibrium. |
| 2025 | $10 - $20 | Further erosion expected; premium brands unlikely to re-enter at higher prices. |
| 2026+ | $8 - $15 | Long-term pricing converges near production costs, especially with increased biosimilar or specialty versions entering the market. |
Factors affecting prices:
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