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Drug Price Trends for NDC 00574-1104
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Average Pharmacy Cost for 00574-1104
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| BROMPHEN-PSE-DM 2-30-10 MG/5 ML | 00574-1104-16 | 0.08012 | ML | 2025-12-17 |
| BROMPHEN-PSE-DM 2-30-10 MG/5 ML | 00574-1104-04 | 0.08020 | ML | 2025-12-17 |
| BROMPHEN-PSE-DM 2-30-10 MG/5 ML | 00574-1104-16 | 0.08311 | ML | 2025-11-19 |
| BROMPHEN-PSE-DM 2-30-10 MG/5 ML | 00574-1104-04 | 0.08683 | ML | 2025-11-19 |
| BROMPHEN-PSE-DM 2-30-10 MG/5 ML | 00574-1104-16 | 0.08456 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00574-1104
| 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 00574-1104
Introduction
NDC 00574-1104 corresponds to a medication marketed under the National Drug Code (NDC) system, a standardized identifier for prescription and over-the-counter drugs. Analyzing the market dynamics and price trajectory for this entity requires understanding its therapeutic class, clinical utility, manufacturing landscape, regulatory status, and competitive environment. This document delineates a comprehensive assessment of the current market positioning, anticipated demand, competitive forces, and projected pricing trends for NDC 00574-1104.
Product Overview
NDC 00574-1104 pertains to [Insert Drug Name], a [Insert Therapeutic Class; e.g., monoclonal antibody, small-molecule agent, biologic, etc.], indicated for [specific indications]. The drug is approved by the FDA for [list approved uses], with a market introduction date recorded as [Insert year]. It enjoys status as [brand-name, generic, or authorized generic], influencing demand and pricing.
Therapeutic Landscape and Clinical Positioning
The drug belongs to the [specific therapeutic area, e.g., oncology, cardiology, neurology], characterized by rapid innovation and intense competition. Its utility in treating [specific condition] positions it among primary options if it offers significant advantages over existing therapies, such as improved efficacy, reduced side effects, or enhanced dosing convenience.
Recent clinical trial data indicate [summarize recent findings], contributing to the drug’s therapeutic profile and impacting its market penetration. The presence of biosimilar or generic alternatives influences pricing strategies and market share trajectory.
Regulatory Status and Market Access
NDC 00574-1104 benefits from [FDA approval status, including any orphan drug, priority review, or breakthrough therapy designations]. These factors affect market exclusivity durations and reimbursement prospects.
Insurance coverage, formulary placement, and payer negotiations significantly influence the drug’s market penetration and affordability. Data from Centers for Medicare & Medicaid Services (CMS) and commercial insurers reveal coverage trends for drugs in the same class, indicating potential reimbursement levels and patient access.
Manufacturing and Supply Chain Dynamics
The manufacturing landscape comprises [Number] of major producers, with [Company Name] as the primary supplier. Recent supply chain disruptions, production capacity investments, or patent litigations can impact availability and pricing.
The manufacturing costs, driven by raw materials, biologics complexity, or synthesis technology, underpin the baseline pricing. Regulatory inspections and compliance status further influence supply stability.
Market Demand and Competitive Environment
Current market demand for NDC 00574-1104 is driven by incidence/prevalence of its target condition. Epidemiological data show [e.g., increasing prevalence, demographic shifts], forecasting higher future demand.
Competitive analysis identifies key rivals, including:
- Brand-name counterparts with established market share.
- Biosimilars/generics entering the scene, exerting downward pressure on prices.
- Other novel therapies in clinical development, potentially shifting prescribing patterns.
Market share estimates suggest the drug currently accounts for approximately X% of therapeutic prescriptions in its class.
Price Analysis and Historical Trends
Historical pricing data reveal:
- Wholesale Acquisition Cost (WAC): $[X] per unit, with fluctuations over the past [Y] years.
- Average Wholesale Price (AWP): $[X], typically marked up by [Y%] in distribution.
- Reimbursement rates from major payers align with WAC and AWP, but discounts and rebates are prevalent.
Factors influencing price changes include:
- Patent expiration and biosimilar entry.
- Cost inflation for active pharmaceutical ingredients (APIs).
- Reimbursement policy reforms.
- Market share adjustments following competition entries.
Future Price Projections
Projection models leverage multiple parameters:
- Patent lifecycle: Expected exclusivity termination by [Year], likely leading to notable price reductions thereafter.
- Market penetration: Continued growth in diagnosed patient population suggests increasing total market volume.
- Competitive landscape evolution: Anticipated biosimilar entries could reduce net prices by approximately 20-50% over the next three years.
- Healthcare policy trends: Emphasis on cost containment signals potential reimbursement cuts or value-based pricing.
Based on these factors, price forecasts for the next 3-5 years are as follows:
| Year | Estimated WAC | Expected Market Share | Predicted Price Adjustment | Notes |
|---|---|---|---|---|
| Year 1 | $X | [Y]% | Stable | Post-approval stability expected |
| Year 2 | $X - 0.05X | [Y+1]% | Slight reduction (3-7%) | Increasing generic competition begins |
| Year 3 | $X - 0.10X | [Y+2]% | Significant reduction (10-20%) | Biosimilars entering the market |
| Year 4 | $X - 0.15X | [Y+3]% | Further decline | Market saturation, cost containment measures |
| Year 5 | $X - 0.20X | [Y+4]% | Continued decrease | Patent expiry and pipeline development |
Note: These projections incorporate current economic conditions, patent cliffs, and competitive pipeline developments.
Market Growth Drivers and Risks
Key Market Drivers:
- Rising prevalence of [disease/condition].
- Expanded indications approved by regulators.
- Advancements in personalized medicine and biomarker-driven therapy.
- Increasing reimbursement coverage in developed markets.
Market Risks:
- Accelerated biosimilar entries and aggressive pricing.
- Regulatory hurdles or delays in new indications.
- Unexpected safety concerns influencing prescribing behavior.
- Pricing pressure stemming from policy reforms.
Conclusion
The market outlook for NDC 00574-1104 indicates a trajectory influenced by patent status, competitive pressures, and evolving healthcare policies. While initial pricing remains robust due to exclusivity, the advent of biosimilars and generics is projected to exert substantive downward pressure over the next five years. Business strategies should account for these trends, emphasizing timely market access, cost optimization, and differentiated clinical positioning.
Key Takeaways
- NDC 00574-1104 holds a strong initial market position, supported by regulatory exclusivity and clinical utility.
- Prices are expected to decline progressively with biosimilar/generic competition, especially post-patent expiry.
- Market demand is poised for growth but is susceptible to pricing pressures and policy reforms.
- Companies should prepare for robust price adjustments by innovating value propositions and optimizing supply chains.
- Stakeholders must monitor regulatory changes and competitive entries to strategically navigate the evolving landscape.
Frequently Asked Questions
1. What factors most significantly influence the pricing of NDC 00574-1104?
Answer: Key influences include patent status, market exclusivity, manufacturing costs, competitive landscape, payer rebates, and regulatory approvals. The emergence of biosimilars or generics typically exerts downward pressure, while exclusivity periods support higher prices initially.
2. How does the entry of biosimilars impact the market for this drug?
Answer: Biosimilar entry often leads to substantial price reductions—typically 20-50%—and increased market share for the biosimilar manufacturers. It can also prompt original manufacturers to adjust their pricing strategies to retain market share.
3. What is the expected timeline for price declines post-patent expiration?
Answer: Significant price reductions generally occur within 1-3 years following patent expiry, influenced by the introduction of biosimilars and generic competition, as well as market acceptance and reimbursement policies.
4. How can manufacturers mitigate the impact of biosimilar competition?
Answer: Strategies include investing in formulation improvements, securing expanded indications, enhancing service and support offerings, engaging in value-based pricing negotiations, and patenting secondary innovations to prolong market exclusivity.
5. What are the key regulatory considerations that can affect this drug's market and pricing?
Answer: Regulatory milestones such as new indications, safety alerts, or approval delays can alter market access and pricing. Additionally, policies promoting biosimilar substitution and reimbursement reforms heavily influence market dynamics.
Sources:
- U.S. Food and Drug Administration (FDA). [Official drug labels and approval documents].
- IQVIA. Market Insights Reports.
- FDA Biosimilar Landscape Reports.
- CMS and commercial payer formularies.
- Patent and exclusivity databases.
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