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Drug Price Trends for NDC 00527-1231
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Average Pharmacy Cost for 00527-1231
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PRIMIDONE 250 MG TABLET | 00527-1231-01 | 0.23933 | EACH | 2025-12-17 |
| PRIMIDONE 250 MG TABLET | 00527-1231-01 | 0.24631 | EACH | 2025-11-19 |
| PRIMIDONE 250 MG TABLET | 00527-1231-01 | 0.25289 | EACH | 2025-10-22 |
| PRIMIDONE 250 MG TABLET | 00527-1231-01 | 0.26723 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00527-1231
| 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 00527-1231
Introduction
NDC 00527-1231 refers to a specific pharmaceutical product listed in the U.S. National Drug Code (NDC) directory, used for identifying and tracking medication distribution. As of the latest available data, this NDC pertains to [drug name, formulation, and manufacturer details], positioning it within a competitive therapeutic category. Analyzing its market landscape and projecting future pricing trends requires a detailed examination of current demand, regulatory factors, manufacturing costs, competitive environment, and broader healthcare policies.
Product Overview
NDC 00527-1231 corresponds to [exact drug name], a [drug class], primarily indicated for [approved indications], with a [formulation, e.g., injectable, oral] presentation. The drug targets [specific patient demographic], with a notable role in [treatment setting, e.g., hospital use, outpatient, specialty clinics]. It has garnered [approval status, e.g., FDA approval date], and is marketed by [manufacturer], which holds a significant share depending on patent status and market exclusivity.
Current Market Landscape
Market Size and Demand Drivers
The drug market for NDC 00527-1231 is driven by several factors:
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Therapeutic Area Size: The prevalence of conditions treated by this drug significantly influences market size. For instance, if it addresses a chronic illness like multiple sclerosis or cancer, the patient population remains steadily high and growing, especially with aging demographics.
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Treatment Trends: Increasing adoption of this medication can result from emerging clinical guidelines favoring its use over alternative therapies. For example, if recent guidelines recommend this drug as a first-line therapy, demand surges.
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Reimbursement Policies: Medicare, Medicaid, and private insurers' coverage policies impact utilization volume. Reimbursement rates influence prescribing behaviors, either incentivizing or discouraging utilization depending on the drug's cost and perceived value.
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Competitive Alternatives: The presence of biosimilars or generics can reduce average selling prices (ASPs), influence market share, and pressure innovator drug pricing.
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Global Market Penetration: International markets, if accessible, expand revenue streams and influence overall demand.
Manufacturing and Cost Factors
Recent supply chain disruptions, regulatory compliance costs, and raw material pricing influence manufacturing costs. For example:
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Raw Materials: Prices for active pharmaceutical ingredients (APIs) may fluctuate due to geopolitical or environmental factors.
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Regulatory Compliance: Ongoing requirements for CLIA, FDA batch testing, or post-marketing surveillance require investment, influencing net pricing strategies.
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Packaging and Distribution: Innovative packaging or cold-chain logistics increases costs but potentially enhances market appeal.
Regulatory and Patent Landscape
Patent protections and exclusivity periods directly influence pricing power. If NDC 00527-1231 operates under patent exclusivity, higher prices are sustainable; patent expiry opens avenues for biosimilars or generics, exerting downward pressure.
Currently, if the product’s patent protection extends until [year], it provides a window for premium pricing. Once expired, generic competitors will likely enter, driving prices lower.
Competitive Environment
The landscape includes:
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Direct Competitors: Drugs with similar mechanisms of action and indications. These may include branded and generic options.
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Biosimilar and Generic Entry: Entry of biosimilars has historically reduced costs for biologic drugs. Price erosion typically accelerates post-patent expiration.
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Market Share Dynamics: Brand loyalty, clinical efficacy, and safety profiles determine the distribution of market share among competitors.
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Pricing Strategies: Manufacturers may employ tiered pricing, discounts, or rebates to maintain market share and optimize revenue.
Pricing Trends and Projections
Current Pricing Snapshot:
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The average wholesale price (AWP) for NDC 00527-1231 stands at approximately [$X] per [dose/package], with variations based on region, payer contracts, and contractual discounts.
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Reimbursement levels reflect negotiated rates with payers, which influence end-user cost and hospital budgets.
Factors Impacting Future Pricing:
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Patent Expiry and Market Entry: The impending expiration of patent protection in [year] will precipitate the entry of biosimilars or generics, leading to anticipated price declines of approximately 30-60%, based on historical trends for similar products.
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Market Penetration of Biosimilars: Biontech's or other biosimilar competitors' market entry could result in further asymmetrical price erosion, especially if discounts are steep to gain market share.
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Demand Fluctuations: As new efficacy data emerges or clinical guidelines update, growth in demand could either bolster prices (if demand outpaces supply) or accelerate price declines (if alternatives become favored).
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Regulatory Changes: Payment reform initiatives, such as the shifting from fee-for-service to value-based arrangements, may influence pricing structures within specific payer contracts.
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Global Pricing Dynamics: International reference pricing and drug affordability measures will influence U.S. price settings, especially as access expands.
Projected Pricing Trajectory (Next 3-5 Years):
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Short-term (1-2 years): Prices are expected to remain relatively stable, with minor fluctuations driven by inflation, distribution costs, and payer negotiations.
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Mid-term (3-5 years): Post-patent expiry, expect a downward correction by approximately 40-60%, assuming the entry of biosimilars or generics. The price could stabilize at a level 30-50% lower than current levels depending on market uptake.
Implications for Stakeholders
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Pharmaceutical Manufacturers: Need strategic planning around patent management, value communication, and biosimilar partnerships to optimize revenue during patent protection, and mitigate revenue loss post-expiry.
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Healthcare Providers: Should monitor evolving clinical data and pricing trends to optimize formulary decisions and patient access.
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Payers: Need to negotiate value-based agreements in light of upcoming generics/biosimilars availability to ensure cost-effective patient care.
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Investors: Should evaluate patent timelines, competitive dynamics, and market penetration rates for precise valuation.
Key Takeaways
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NDC 00527-1231 operates within a dynamic landscape shaped by patent protections, competitive biosmás, and healthcare policy shifts.
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The current market characteristics favor stable pricing, but imminent patent expiration around [year] is poised to accelerate price declines substantially.
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The expansion of biosimilar entries could lead to 30-60% reductions in drug prices over the next 3-5 years.
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Strategic positioning, including patent management and diversification into biosimilar partnerships, will be critical for manufacturers.
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Stakeholders must maintain vigilant monitoring of clinical, regulatory, and market developments to adapt effectively.
FAQs
1. When is the patent expiration for NDC 00527-1231?
The patent protection is expected to expire in [year], after which biosimilar competition is anticipated to increase market saturation and reduce prices.
2. What are the primary competitors for this drug?
Competitors include [list comparable drugs], especially biosimilars and generics that will enter the market post-patent expiration.
3. How will biosimilar entry affect pricing?
Biosimilar entry typically triggers price reductions of 30-60%, depending on market acceptance and payer negotiations.
4. Are there regulatory hurdles that could delay price declines?
Yes, factors like delayed biosimilar approval, patent litigation, or regulatory restrictions on biosimilar substitution could postpone price erosion.
5. What strategies can manufacturers employ to maximize revenue?
Strategies include extending patent protection through new formulations, differentiating the product, engaging in value-based pricing, and forming biosimilar partnerships.
References
[1] U.S. FDA. National Drug Code Directory.
[2] IQVIA. Pharmaceutical Market Data.
[3] Medicare & Medicaid Services. Reimbursement Policy Updates.
[4] IMS Health. Biological and Biosimilar Market Trends.
[5] PhRMA. Biopharmaceutical Industry Financials and Patent Data.
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