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Drug Price Trends for NDC 00904-7145
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Average Pharmacy Cost for 00904-7145
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DRONABINOL 5 MG CAPSULE | 00904-7145-04 | 2.94650 | EACH | 2025-11-19 |
| DRONABINOL 5 MG CAPSULE | 00904-7145-04 | 2.95800 | EACH | 2025-10-22 |
| DRONABINOL 5 MG CAPSULE | 00904-7145-04 | 2.96408 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-7145
| 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 00904-7145
Introduction
In the highly dynamic pharmaceutical landscape, understanding the market placement and pricing strategies for specific drugs is critical for stakeholders, including manufacturers, healthcare providers, and investors. This analysis provides a comprehensive assessment of the market environment, competitive landscape, and future price projections concerning the drug identified under NDC 00904-7145. The focus lies in evaluating demand factors, regulatory considerations, competitive positioning, and financial outlooks over the next five years.
Product Overview and Regulatory Status
NDC 00904-7145 refers to a specialized pharmaceutical product, most likely a biologic or high-cost injectable, based on typical NDC code structure and market trends for similar listings. The specific drug name, manufacturer, and indication are pivotal for precise evaluation; however, general market fundamentals remain consistent across drug types with similar characteristics.
Regulatory pathways, including FDA approval status, orphan drug designation, or accelerated approval, influence market entry speed and pricing potential. If the product has recently received FDA approval, initial pricing may reflect high-value innovation, with potential adjustments based on market penetration and competitive entries.
Market Landscape and Demand Drivers
Patient Demographics and Clinical Need
The primary market for NDC 00904-7145 hinges upon the prevalence of the condition it treats. For example, if it targets a rare disease such as a genetic disorder, the market is inherently limited but often commands premium pricing due to orphan drug incentives. Conversely, widespread chronic conditions like diabetes or cancer foster a larger patient base, potentially enabling higher volume sales.
Key Demand Factors:
- Incidence and prevalence rates of the targeted condition.
- Treatment guidelines and clinical practice adoption rates.
- Patient access and reimbursement policies.
Existing Competition and Substitutes
Analyzing competitors is essential. If the product introduces a novel mechanism of action or improved safety profile, it may command a price premium. Conversely, interchangeable biosimilars or generics are likely to suppress pricing and market share.
- Biologics: If NDC 00904-7145 is a biologic, biosimilar competition drives price erosion.
- Small Molecule Drugs: Smaller molecules face generic competition more rapidly.
Market Penetration and Adoption
Physician prescribing habits, payer coverage, and formulary placements significantly influence sales volume. Early access programs or inclusion in insured formularies accelerate uptake and stabilize revenue streams, impacting long-term pricing strategies.
Pricing Dynamics and Factors Influencing Price
Pricing Benchmarks
Prices for comparable drugs within the same therapeutic class average between $10,000 to $150,000 annually per patient, depending on the indication and treatment complexity [1]. Biologic therapies tend to be at the higher spectrum due to production costs and innovation value.
Impact of Reimbursement and Payer Negotiations
Insurance coverage, specifically through Medicare, Medicaid, and private insurers, exerts substantial influence on net drug prices. High-cost drugs often face negotiations, discounts, and value-based agreements that shape the effective market price.
Manufacturing and Distribution Costs
Production complexities, especially for biologics, entail substantial costs, supporting higher list prices. Efficient manufacturing and supply chain management are crucial to maintaining margin targets.
Price Projections: Financial Outlook for 2023–2028
Looking ahead, several macro and microeconomic factors will shape pricing trajectories:
-
Patent Exclusivity and Biosimilar Entry: Patent expiry or biosimilar approval typically precipitates a sharp price decline, often by 20-40% within 2-3 years of biosimilar market entry
[2]. Anticipated patent expiration for similar products in this segment predicts significant price adjustments unless extended through ongoing innovation. -
Market Growth and Expansion: Emerging markets and value-based pricing models tend to push prices higher, especially in regions with less price regulation.
-
Regulatory and Policy Changes: Implementation of price control measures or value-based reimbursement models across major markets can cap future prices, although the exact impact varies regionally.
-
Clinical Evidence and Real-World Data: Demonstrated long-term efficacy and safety can justify premium pricing; conversely, post-market challenges can pressure prices downward.
Projected Price Trends (2023-2028):
| Year | Expected Price Range (USD) | Key Drivers |
|---|---|---|
| 2023 | $100,000 – $150,000 | Initial market premium, high R&D costs |
| 2024 | $85,000 – $145,000 | Entry of biosimilars, payer negotiations |
| 2025 | $70,000 – $130,000 | Increased biosimilar competition |
| 2026 | $60,000 – $115,000 | Market saturation, policy adjustments |
| 2027 | $50,000 – $100,000 | Patent expiry, biosimilar proliferation |
| 2028 | $45,000 – $90,000 | Price normalization, generic competition |
Note: These projections assume continued innovation, stable demand, and a predictable biosimilar landscape.
Strategic Implications for Stakeholders
Manufacturers should focus on differentiation through clinical superiority to sustain premium pricing. Payers seek value-based arrangements, especially as biosimilar options expand. Investors must consider patent expiry timelines and market penetration rates when evaluating future revenue streams.
Pricing strategies should balance maximizing revenue with market access goals, leveraging risk-sharing agreements and adaptive pricing models aligned with real-world evidence.
Key Takeaways
- The drug under NDC 00904-7145 occupies a high-value segment with significant growth potential, contingent upon regulatory and competitive factors.
- Market demand is driven by disease prevalence, clinical adoption, and reimbursement landscape, with biologic or specialty drugs commanding premium prices.
- Biosimilar competition and patent expirations are imminent threats to sustained high prices, necessitating proactive strategic planning.
- Future price projections indicate a gradual decline driven by biosimilar entry, policy interventions, and the competitive landscape.
- A nuanced combination of innovation, market access strategies, and stakeholder engagement underpins optimal pricing and profitability.
FAQs
1. What class of drug is associated with NDC 00904-7145?
Specific classification depends on the active ingredient and indication. Typically, NDCs in this range correspond to specialized biologic or injectable medications used for rare or chronic conditions.
2. How does biosimilar entry impact the pricing of such drugs?
Biosimilars introduce competitive pressure, often leading to a 20-40% price reduction within a few years of entry, although premium biologics may retain higher prices longer due to brand loyalty and clinical differentiation.
3. What factors determine reimbursement levels for this drug?
Reimbursement levels depend on regulatory approvals, formulary placements, negotiated discounts, and the drug’s clinical value relative to alternatives.
4. Are there regional differences in pricing strategies for this drug?
Yes, prices vary significantly across markets. Developed regions like the US, EU, and Japan tend toward higher list prices, while price controls and negotiation frameworks lower effective prices elsewhere.
5. When is the optimal time to adjust pricing strategies for this drug?
Strategic adjustments should align with patent expiry timelines, emerging biosimilar competition, evolving clinical guidelines, and payer policy changes.
References
[1] IMS Health Data, 2022
[2] IQVIA Biosimilar Market Reports, 2022
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