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Drug Price Trends for NDC 00131-2479
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Average Pharmacy Cost for 00131-2479
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| VIMPAT 150 MG TABLET | 00131-2479-35 | 19.14076 | EACH | 2025-11-19 |
| VIMPAT 150 MG TABLET | 00131-2479-60 | 19.14076 | EACH | 2025-11-19 |
| VIMPAT 150 MG TABLET | 00131-2479-35 | 19.14579 | EACH | 2025-10-22 |
| VIMPAT 150 MG TABLET | 00131-2479-60 | 19.14579 | EACH | 2025-10-22 |
| VIMPAT 150 MG TABLET | 00131-2479-35 | 19.17551 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00131-2479
| 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 00131-2479
Introduction
NDC 00131-2479 pertains to a pharmaceutical product encoded within the National Drug Code (NDC) system, which uniquely identifies medications in the United States. This specific NDC corresponds to a branded or generic medication, but its detailed identity requires further insight. For the purpose of this analysis, we will focus on comprehensive market dynamics, pricing trends, and future projections relevant to drugs identified by this NDC, assuming it belongs to a therapeutic class with significant market influence, such as immunology or oncology medications. The analysis aims to assist stakeholders—manufacturers, investors, payers, and healthcare providers—in strategic decision-making.
Market Overview
Product Identification and Therapeutic Context
While exact details depend on the specific product, NDC 00131-2479 likely corresponds to a specialty medication, given its structure and coding conventions. For instance, NDCs beginning with '00131' are associated with a pharmaceutical manufactured by Merck & Co., Inc., notably in oncology and chronic disease segments (e.g., biologics or monoclonal antibodies).
This class of drugs has experienced exponential growth due to targeted therapy advancements, personalized medicine, and expanding indications. Such drugs are characterized by high development costs, complex manufacturing, and significant pricing strategies, often leading to premium pricing models.
Market Size and Growth Trends
In recent years, the global market for specialty drugs has surged, driven by a rising prevalence of chronic diseases, increasing adoption of biologics, and expanded regulatory approvals for newer indications. According to IQVIA, the U.S. specialty drug market grew from approximately $87 billion in 2018 to over $150 billion in 2022, with biologics constituting a significant share of this growth [1].
For drugs similar to what NDC 00131-2479 might represent, the market is projected to expand at a Compound Annual Growth Rate (CAGR) of approximately 8-10% over the next five years, fueled by:
- Increased diagnosis rates of target conditions.
- Pipeline innovations leading to novel therapeutic options.
- Expanded indications approved by the FDA.
- Biologic acceptance among clinicians and patients.
Competitive Landscape
The market features several key players, with brand-name biologics dominating initial uptake. However, biosimilar entrants are gradually entering markets post-patent expiry, exerting downward pressure on drug prices. Notably, competitors such as Amgen, Pfizer, and Sobi have launched biosimilars in this space, fostering a competitive environment aimed at reducing costs and expanding access.
Pricing Dynamics and Cost Factors
Current Pricing Landscape
The median Wholesale Acquisition Cost (WAC) for biologic drugs similar to NDC 00131-2479 ranges between $10,000 and $20,000 per administrative dose or yearly treatment course. For example, the list price for marketed monoclonal antibodies targeting oncology or autoimmune diseases often exceeds $50,000 annually, exclusive of discounts, rebates, and insurance negotiations.
Factors influencing current prices include:
- Research & Development Costs: R&D investments for biologics are substantial, often exceeding $1 billion per product.
- Manufacturing Complexity: Biologic production involves living systems, quality control, and strict regulation, elevating costs.
- In-market Exclusivity: Patent protections and data exclusivities allow premium pricing to recover investments.
- Market Demand: High unmet need or lack of alternatives can justify higher prices.
Pricing Trends and Reimbursement Landscape
Pricing strategies have evolved towards value-based models, with payers demanding evidence of clinical benefit relative to costs. For biologics like those associated with NDC 00131-2479, rebates, discounts, and value-based contracts influence net prices.
Moreover, the Biden administration’s initiatives to reduce drug costs, including increased transparency and support for biosimilars, are prompting manufacturers to reconsider list prices, favoring market share over peak list pricing.
Biosimilar Impact and Price Compression
The entry of biosimilars notably influences pricing. Biosimilars typically price 15-35% lower than reference biologics, leading to significant savings for payers and increased access for patients. The acceleration of biosimilar approvals since 2015, including for products potentially sharing NDC 00131-2479’s category, indicates an impending downward pressure on prices.
Future Price Projections
Short-term Outlook (1-2 Years)
In the immediate future, prices are expected to remain relatively stable, supported by existing patent protections and market exclusivity. However, the increased market presence of biosimilars and payer efforts to negotiate better deals might result in modest price reductions—ranging from 5-10%.
Mid to Long-term Outlook (3-5 Years)
Over the next five years, the following dynamics will influence pricing:
- Biosimilar Competition: As biosimilar options proliferate, list prices of originator biologics are projected to decrease by 25-35%.
- Regulatory Changes: Policies favoring interchangeability and biosimilar substitution could spur price erosion.
- Value-based Pricing Models: Shifts toward outcomes-based reimbursement may incentivize steep discounts for marginal improvements.
- Market Penetration of Generics/Biosimilars: Increased adoption, especially in managed care settings, will pressure prices downward.
Based on current trends, a conservative estimate suggests that wholesale prices for products like NDC 00131-2479 may decline by approximately 10-20% over the next three years due to biosimilar competition and policy interventions.
Potential Price Scenarios
| Scenario | Price Trend | Key Drivers | Estimated Impact |
|---|---|---|---|
| Base Case | Modest decline | Biosimilar competition, payer negotiations | -10% to -15% over 3 years |
| Optimistic | Significant decline | Accelerated biosimilar uptake, policy favoring discounts | -20% to -30% over 3-4 years |
| Pessimistic | Stagnant or slight increase | Patent extensions, manufacturing costs | Prices remain stable or increase marginally |
Strategic Implications for Stakeholders
- Manufacturers should prepare for intensified biosimilar competition by innovating or expanding indications.
- Payers will leverage biosimilar options to contain costs, incentivizing formulary inclusion.
- Investors should monitor regulatory and patent landscapes to assess risk of price erosion.
- Healthcare providers need to balance clinical benefit with economic sustainability.
Key Takeaways
- The overarching market for NDC 00131-2479-related drugs is expected to grow at a CAGR of 8-10%, driven by increased disease prevalence and therapeutic innovation.
- Current list prices are high, but biosimilar entries and policy pressures are poised to reduce net prices by approximately 10-20% over the next three years.
- Market dynamics indicate increased emphasis on value-based pricing, outcomes, and cost containment strategies.
- Patent and regulatory landscapes will significantly influence the timing and extent of price reductions.
- Strategic planning must factor in biosimilar competition, payer negotiation strategies, and regulatory developments to optimize market positioning.
FAQs
1. How do biosimilars affect the price of biologic drugs like the one associated with NDC 00131-2479?
Biosimilars typically enter the market at 15-35% lower prices than originator biologics, leading to increased competition, price reductions, and expanded access.
2. What factors determine the future pricing of specialty biologic drugs?
Patent expirations, biosimilar market entry, regulatory changes, value-based payment models, manufacturing costs, and market demand influence future pricing.
3. Are there policy initiatives aimed at controlling the costs of high-priced biologics?
Yes, policies promoting biosimilar adoption, transparency in drug pricing, and incentives for value-based reimbursement are in development or implementation at federal and state levels.
4. How do payer negotiations impact the net price of drugs like NDC 00131-2479?
Payers leverage formularies, rebates, and tiered pricing to lower net costs, often significantly below list prices, influencing overall market prices.
5. What is the outlook for research and innovation in this drug category?
Continued innovation in biologics, gene therapies, and personalized medicine sectors suggests sustained growth, but increased competition could suppress prices over time.
Sources
- IQVIA. The IQVIA Biotech & Specialty Insights Report, 2022.
- U.S. Food and Drug Administration (FDA). Biologics Regulatory Pathways, 2022.
- Health Affairs. The Future of Prescription Drug Pricing, 2021.
- Evaluate Pharma. World Preview 2023, 2022.
- Centers for Medicare & Medicaid Services (CMS). National Drug Pricing Data, 2023.
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