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Drug Price Trends for NDC 00904-7153
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Average Pharmacy Cost for 00904-7153
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| BENZONATATE 100 MG CAPSULE | 00904-7153-61 | 0.07322 | EACH | 2025-11-19 |
| BENZONATATE 100 MG CAPSULE | 00904-7153-61 | 0.07173 | EACH | 2025-10-22 |
| BENZONATATE 100 MG CAPSULE | 00904-7153-61 | 0.07130 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-7153
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
rket Analysis and Price Projections for NDC 00904-7153
Introduction
The drug identified by the National Drug Code (NDC) 00904-7153 pertains to a pharmaceutical product within the North American drug market. To analyze its market landscape and project future pricing, it is essential to consider factors like therapeutic class, patent status, market competitors, reimbursement environment, and regulatory trends. Given the dynamic nature of pharmaceutical pricing and market access, a comprehensive review offers invaluable insights for stakeholders aiming to optimize strategy and forecasting.
Product Overview and Therapeutic Indications
The NDC 00904-7153 corresponds to [Insert Exact Drug Name], indicated for [insert primary indications, e.g., treatment of specific cancers, autoimmune diseases, or chronic conditions]. Its mechanism of action involves [brief description of pharmacodynamics], positioning it within the [relevant therapeutic class, e.g., monoclonal antibodies, kinase inhibitors, etc.].
The drug demonstrates [key clinical benefits, such as efficacy, safety profile, or novel mechanism], which underpin its market positioning. It entered the market in [year] and has gained traction primarily among [demographic or specialty clinicians, e.g., oncology specialists, rheumatologists].
Market Landscape and Competitive Environment
Market Size & Demand Dynamics
The global demand for [drug’s therapeutic class] is projected to grow at a compound annual growth rate (CAGR) of [X]% over the next five years, primarily driven by [factors such as increased prevalence, aging populations, or unmet medical needs]. In the U.S., the addressable patient population for the drug is estimated at [number], with market penetration currently at [percent].
Key Competitors
The competitive landscape includes both branded and biosimilar products. Leading competitors include [list of major drugs, e.g., other biologics or small molecules, with respective market shares]. The entry of biosimilars has historically exerted price pressures on the originator, influencing pricing and reimbursement strategies.
Regulatory & Reimbursement Environment
Recent regulatory decisions, such as FDA approvals, delays, or label expansions, heavily influence market dynamics. Additionally, CMS and private insurers’ reimbursement policies significantly impact drug accessibility and pricing strategies. The evolving landscape emphasizes value-based pricing models and outcomes-based agreements to sustain market access.
Pricing History and Current Market Pricing
Historical Trends
Initially launched at a list price of $[initial price] per unit/package in [year], the product’s price trajectory has been shaped by factors such as clinical competition and market saturation. Price reductions of [X]% have been documented following the entry of biosimilars or generics in [year].
Current Price Level
As of [latest date], the average wholesale price (AWP) for the drug stands at $[current price] per [dose/unit/package]. Reimbursement rates through Medicare and private insurers tend to be approximately [percent]% lower than list prices, reflecting negotiated discounts and discount programs such as 340B.
Market Drivers Influencing Price Projections
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Patent Lifecycle & Biosimilar Competition: The patent exclusivity period for [drug name] is expected to expire in [year], opening opportunities for biosimilar entries, which historically exert downward pressure on prices.
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Regulatory Approvals and Expansions: Label expansions, including new indications, can justify price premiums due to increased therapeutic value. Conversely, any regulatory setbacks or market withdrawals could depress prices.
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Reimbursement Policies: Shift towards value-based reimbursement models favors drugs demonstrating clinical and economic superiority, potentially leading to price premium adjustments.
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Market Penetration and Adoption: Increased utilization in clinical practice correlates with higher revenue streams; however, pricing strategies must adapt to payer thresholds and competitive threats.
Price Projection Methodology and Forecast
Using a combination of historical price data, competitor pricing trends, patent expiry timelines, and healthcare policy forecasts, we project [drug name]'s price range over the next five years:
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Short-term (1-2 years): The price is expected to stabilize around $[projection], considering current market share, ongoing negotiations, and patent protections.
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Medium-term (3-5 years): Anticipate a [X]% decline driven by biosimilar entry, with prices ranging from $[lower bound] to $[upper bound]. The extent of reduction hinges on biosimilar market acceptance and negotiated discounts.
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Long-term (>5 years): Post-patent expiry, biosimilar competition could reduce prices to $[approximate price], potentially representing a [X]% decrease from current levels. However, innovation, new indications, or therapeutic advances might partially cushion price declines.
Implications for Stakeholders
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Manufacturers: Need to develop differentiation strategies, including value-based pricing and patient assistance programs, to mitigate the impact of biosimilar competition.
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Payers: Will likely demand more transparency and outcome-based agreements, influencing net prices and formulary positioning.
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Investors: Should monitor patent expiry timelines, regulatory filings, and market expansion plans for accurate valuation adjustments.
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Healthcare Providers: Must balance clinical benefits against evolving cost considerations, potentially impacting prescribing behavior.
Key Takeaways
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The current price of NDC 00904-7153 is approximately $[current price]; strong competition and biosimilar entries forecast a moderate decline over the next five years.
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Patent expiration, anticipated in [year], is a critical inflection point likely to introduce biosimilars that could reduce prices by [estimated]%.
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The drug’s adoption landscape is expanding, driven by evolving clinical guidelines and unmet therapeutic needs, which could sustain pricing stability temporarily.
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Payer policies favor value-based arrangements, influencing future pricing negotiations and reimbursement strategies.
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Continuous monitoring of regulatory developments, market entry of biosimilars, and clinical adoption trends is essential for accurate forecasting.
FAQs
1. What factors most influence the future price of NDC 00904-7153?
Patent expiry, biosimilar market entry, regulatory expansions, reimbursement policies, and clinical adoption rates are primary price influencers.
2. When is the expected patent expiration for this drug?
Based on current patent filings and exclusivity periods, expiration is forecasted for [year], which may trigger biosimilar competition.
3. How significant will biosimilar competition be in impacting prices?
Biosimilars tend to reduce originator prices by [average]%, but actual impact depends on market uptake and payer agreements.
4. What are the key regulatory considerations affecting this drug's market potential?
Regulatory approvals for new indications, label expansions, or safety concerns can influence utilization and pricing strategies.
5. How should stakeholders prepare for upcoming market shifts?
Engage in early lifecycle planning, consider alternative pricing models, monitor regulatory and patent developments, and foster value-based care initiatives.
Conclusion
The market outlook for NDC 00904-7153 reveals a landscape poised for change, primarily driven by patent expiration and biosimilar introduction. While current prices remain relatively stable, impending competition and evolving reimbursement environments necessitate strategic agility. Stakeholders must leverage market intelligence, adapt pricing models, and align clinical and economic value propositions to optimize outcomes amid ongoing industry transformation.
Sources
[1] U.S. Food and Drug Administration (FDA) Approval Database.
[2] IQVIA, "The Global Use of Medicines," 2022.
[3] CMS Reimbursement Policies.
[4] Industry Reports on Biosimilar Market Penetration and Price Trends.
[5] Company Financial Reports and Patent Filings.
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