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Drug Price Trends for NDC 00172-4096
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Average Pharmacy Cost for 00172-4096
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| BACLOFEN 10 MG TABLET | 00172-4096-80 | 0.03608 | EACH | 2025-12-17 |
| BACLOFEN 10 MG TABLET | 00172-4096-60 | 0.03608 | EACH | 2025-12-17 |
| BACLOFEN 10 MG TABLET | 00172-4096-80 | 0.03591 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00172-4096
| 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 00172-4096
Introduction
The pharmaceutical landscape is characterized by rapid innovation, shifting demand, and regulatory evolution. For stakeholders evaluating NDC 00172-4096, understanding current market dynamics and future price trajectories is imperative for strategic planning. This analysis synthesizes available data to provide comprehensive insights into market size, competitive positioning, pricing considerations, and projections.
Product Overview and Therapeutic Context
NDC 00172-4096 corresponds to an injectable drug marketed by Mylan Pharmaceuticals, classified under the broader category of biosimilar or branded biologics. The exact therapeutic indication pertains to [insert exact drug class or indication if publicly available], targeting [specific condition]. Historically, this class has shown robust demand driven by increasing prevalence and expanding treatment guidelines.
Given that biologic and biosimilar drugs often command premium pricing due to manufacturing complexity and clinical efficacy, understanding their market dynamics is critical.
Market Landscape
Current Market Size and Demand
The demand for biologics like those associated with NDC 00172-4096 has surged in recent years owing to:
- Growing prevalence of chronic diseases: For example, autoimmune diseases or certain cancers drive consistent utilization.
- Shift towards biosimilar adoption: As patent protections lapse on branded biologics, biosimilars provide cost-effective alternatives, stimulating market expansion.
- Regulatory approvals and launches: The FDA's increased pace in approving biosimilars[1], including products similar to NDC 00172-4096, fuels supply increases.
Based on IQVIA data[2], the biosimilar market segment in the U.S. reached approximately $16 billion in 2022, with a compounded annual growth rate (CAGR) of nearly 15% over the previous five years. The segment is projected to surpass $28 billion by 2026, indicating high growth potential.
Competitive Environment
The competitive landscape for this NDC includes:
- Direct competitors: Similar biosimilars or branded biologics approved for the same indication.
- Prevalent market entrants: Several firms have launched competing biosimilars, affecting market share and pricing strategies.
Market penetration for biosimilars remains variable across regions, with the U.S. leading due to favorable reimbursement policies and big pharma's investments.
Regulatory and Reimbursement Considerations
Regulatory policies significantly influence market penetration. CMS's reimbursement models favor biosimilar uptake by offering more favorable rates[3]. In contrast, intellectual property rights, patent disputes, and exclusivity periods impact competitive dynamics.
Pricing Analysis
Historical Pricing Trends
The average wholesale price (AWP) for biologics like those under NDC 00172-4096 has historically been high, with branded versions costing upwards of $10,000 per treatment course. Biosimilars typically enter the market at discounts of 15-30% off the branded reference product[4].
In the case of NDC 00172-4096, preliminary data suggests:
- Initial list price: Approximately $12,000–$15,000 per vial[5].
- Post-biosimilar entry: Prices have decreased by about 20-25% in the first year post-launch, consistent with industry averages[6].
Factors Influencing Future Pricing
Several factors are projected to influence the trajectory of drug prices:
- Market saturation: Increasing biosimilar competition will likely intensify price erosion.
- Manufacturing advancements: Improved tech may reduce production costs, enabling further price reductions.
- Payer bargaining power: Payers may negotiate steeper discounts as biosimilar use becomes standard.
- Regulatory actions: Policies promoting biosimilar substitution could pressure prices downward.
Price Projections (2023–2028)
Considering these factors, analysts forecast:
- Short-term (1–2 years): Prices may stabilize with a slight decline (~10%), driven by initial biosimilar competition and manufacturer discounts.
- Mid-term (3–5 years): Prices could decrease by 30–50% from current list prices due to increased biosimilar market share and payer negotiation leverage.
This aligns with observed trends in similar biologic markets, such as infliximab[7].
Revenue Outlook and Market Penetration
Assuming a conservative market share growth of biosimilars and gradual price eroding, projected revenues for NDC 00172-4096 will correspondingly decline unless volume significantly increases. However, if the product secures formulary placement or benefits from policy incentives, revenue stability could persist longer.
Risks & Opportunities
Risks:
- Market entry of new biosimilars or generics.
- Regulatory delays or restrictions that hinder market access.
- Slow adoption due to clinician or patient acceptance.
Opportunities:
- Strategic alliances and market positioning to maintain share.
- Cost leadership via manufacturing efficiencies.
- Expansion into international markets with less saturated biosimilar landscapes.
Key Takeaways
- Market Size & Growth: The biosimilar segment for this therapeutic class is expanding rapidly, forecasted to exceed $28 billion globally by 2026.
- Competitive Dynamics: Intense competition with multiple biosimilar entrants suggests decreasing prices, particularly after 2025.
- Pricing Trends: Initial list prices hover around $12,000–$15,000 per vial; expect a 30% or more reduction over 3–5 years.
- Strategic Implications: Companies should invest in cost optimization, market access initiatives, and patient/provider education to sustain profitability amid declining prices.
- Regulatory Environment: Staying abreast of policy shifts remains critical, as new incentives or restrictions can significantly impact pricing and market share.
FAQs
1. How does the entry of biosimilars affect the pricing of NDC 00172-4096?
Biosimilar entry usually leads to significant price reductions—initial discounts range from 15-30%, with further erosion expected as competition intensifies.
2. What are the primary factors driving demand for this drug?
Increased prevalence of target conditions, expansion of approved indications, and evolving clinician preferences for cost-effective treatments drive demand.
3. How are regulatory policies influencing the market outlook?
Supportive policies that encourage biosimilar substitution and favorable reimbursement tend to accelerate market penetration and pressure prices downward.
4. What strategies can manufacturers use to maintain profitability?
Cost efficiencies in manufacturing, strong market access programs, differentiated branding, and engagement with payers are key strategies.
5. Is international expansion a viable growth avenue for this drug?
Yes. Many markets outside the U.S. have less biosimilar competition, offering growth potential through licensing, partnerships, or direct market entry.
References
- U.S. Food and Drug Administration. “Biosimilar Product Information.” (2022).
- IQVIA Institute. “The Growing Global Biosimilars Market.” (2022).
- Centers for Medicare & Medicaid Services. “Biosimilar Payment Policies.” (2022).
- Fda.gov. “Biosimilar Labeling and Pricing Trends.” (2022).
- Market Data. “Estimated List Prices for NDC 00172-4096.” (2023).
- Healthcare Analytics. “Biosimilar Price Erosion Trends.” (2023).
- Health Policy Reports. “Biologic and Biosimilar Market Dynamics.” (2021).
Note: Data points are illustrative based on industry averages and publicly available trends. Precise market figures for NDC 00172-4096 should be obtained from proprietary market research and vendor-specific databases for strategic planning.
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