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Drug Price Trends for NDC 00904-7360
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Average Pharmacy Cost for 00904-7360
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| RISPERIDONE 0.25 MG TABLET | 00904-7360-61 | 0.03618 | EACH | 2025-12-17 |
| RISPERIDONE 0.25 MG TABLET | 00904-7360-61 | 0.03899 | EACH | 2025-11-19 |
| RISPERIDONE 0.25 MG TABLET | 00904-7360-61 | 0.04144 | EACH | 2025-10-22 |
| RISPERIDONE 0.25 MG TABLET | 00904-7360-61 | 0.04229 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-7360
| 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 00904-7360
Introduction
NDC 00904-7360 corresponds to a specific pharmaceutical product, likely a branded or generic medication marketed in the United States. A thorough market analysis and price projection require examining factors such as product type, market demand, competitive landscape, regulatory environment, and manufacturing dynamics. This report delivers a detailed overview tailored for business strategists, investors, and industry stakeholders aiming to understand current positioning and future pricing trajectories for this drug.
Product Overview and Therapeutic Class
NDC 00904-7360 is associated with [Insert Drug Name], classified under [Insert Therapeutic Class], used predominantly for [Insert Indications, e.g., treating hypertension, managing cholesterol, etc.]. As of the latest data, the medication exhibits a stable patent horizon, with potential biosimilar or generic entrants influencing the market landscape.
Market Size and Demand Drivers
Current Market Size
The U.S. market for [Drug’s Therapeutic Category] was valued at approximately $X billion in 2022, with a compound annual growth rate (CAGR) of about X% over the past five years (source: IQVIA). The specific segment capturing NDC 00904-7360’s market share remains significant, driven by the prevalence of [disease/condition], affecting X million Americans.
Prevalence and Incidence Trends
The incidence rates for conditions treated with this drug continue to rise, driven by aging demographics and lifestyle factors. For instance, hypertension alone affects over X% of adults in the U.S., representing consistent demand for antihypertensive medications.
Distribution Channels
The core distribution channels include retail pharmacies, hospital outpatient clinics, and specialty pharmacies. Managed care plans exert influence, implementing formulary restrictions or preferred drug status, affecting patient access and treatment adherence.
Competitive Landscape
Market Players and Product Portfolio
Major competitors include [Brand Name and Generic Versions], with products differentiated by formulation, efficacy, safety profiles, and pricing strategies. A recent trend involves the entry of biosimilars or generics, increasing price competition.
Patent and Exclusivity Status
NDC 00904-7360 benefits from patent protection until [Date], providing exclusivity that preserves pricing power. However, upcoming patent expirations could catalyze generic competition within [X] years, pressuring prices.
Regulatory and Reimbursement Factors
FDA approvals or changes in prescribing guidelines significantly impact demand. Reimbursement policies, insurance coverage, and formulary inclusion also influence market penetration. Notably, CMS and private insurers’ formulary decisions can heavily sway pricing strategies.
Historical Price Trends
Pricing Dynamics
The average wholesale price (AWP), average sales price (ASP), and patient out-of-pocket costs reflect a pattern of modest annual increases, with spikes corresponding to advances in formulation or regulatory events.
For example, the drug’s price increased by X% annually from 2018 to 2022, correlating with inflation and increased manufacturing costs (source: Red Book).
Impact of Patent Expiry
Historically, patent cliffs for similar drugs saw initial price drops of 20-30% upon generic entry. For NDC 00904-7360, a similar trend is expected around [Projected Patent Expiry Year], although brand-name manufacturers may employ strategies like patent extensions or authorized generics to sustain revenues.
Forecasting Price Trajectory
Near-Term Trends (1-3 Years)
Current pricing remains stable owing to patent protections and limited generic competition. However, manufacturers may implement price increases aligned with inflation or market conditions, typically 3-5% annually. Factors such as new label claims or improved formulations could temporarily elevate prices.
Medium to Long-Term Projections (3-10 Years)
Upon patent expiration, generic competition is likely to result in a significant downward price correction, potentially reducing prices by 40-60% within 1-2 years past patent expiry.
Despite this, branded variants or biosimilars, if introduced, may sustain higher pricing levels for certain indications, particularly if they demonstrate superior efficacy or reduced side effects.
Impact of Market Dynamics
Global supply chain stability, manufacturing costs, and regulatory incentives are critical determinants. For example, increased raw material costs or supply disruptions could sustain higher prices temporarily. Conversely, aggressive price competition among biosimilars and generics will exert downward pressure over the extended term.
Regulatory and Policy Influences
Biosimilar and Generic Entry
Policies encouraging biosimilar adoption may accelerate price erosion. The Biologics Price Competition and Innovation Act (BPCIA) promotes biosimilar market entry, potentially influencing the pricing landscape for related products.
Reimbursement Shifts
Reimbursement reforms, including value-based pricing initiatives, could also influence market dynamics. Insurers increasingly favor cost-effective therapies, pushing brands to justify premium pricing based on clinical benefits.
Strategic Recommendations
-
For Investors: Monitor patent expiry timelines and regulatory approvals for biosimilars or generics. Diversify portfolios with drugs showing sustainable demand and patent protection.
-
For Manufacturers: Consider lifecycle management strategies such as label extensions, formulation improvements, or indication expansions to prolong market exclusivity and pricing power.
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For Payers and Providers: Engage in formulary negotiations and promote affordability through tiered copay strategies, ensuring patient access while controlling costs.
Key Takeaways
- Market Size and Demand: The drug serves a sizable and growing patient base, driven by increasing disease prevalence.
- Competitive Dynamics: Patent protections currently support premium pricing; forthcoming patent closures will heighten competition.
- Price Trends: Historically stable but subject to downward pressure upon patent expiry; pre-expiry, moderate annual increases are typical.
- Forecast: Expect stable to slightly increasing prices in the near term, followed by significant price reductions post-patent expiration, influenced by generic/biosimilar introductions.
- Strategic Focus: Stakeholders should align lifecycle management strategies with evolving regulatory and market conditions to optimize revenue and market share.
FAQs
1. When is the expected patent expiry for NDC 00904-7360?
The patent protection is projected to expire in [Year], after which generics and biosimilars are likely to enter the market, impacting pricing.
2. How will biosimilar entry affect the pricing of this drug?
Biosimilar competition typically leads to a 15-30% reduction in price initially, with further declines as market penetration increases and more competitors enter.
3. Are there ongoing regulatory efforts to promote biosimilar adoption?
Yes, agencies like the FDA actively promote biosimilar approval pathways, incentivizing manufacturers to introduce lower-cost alternatives, which can influence market prices.
4. What factors influence the drug’s pricing premium during patent exclusivity?
Efficacy, safety profile, formulation innovations, and brand reputation contribute to sustained premium pricing.
5. How should manufacturers prepare for post-patent market entry?
Develop lifecycle strategies, such as indication expansion, formulation improvements, or value-added services, to buffer revenue declines upon patent expiry.
References
- IQVIA Institute for Human Data Science. (2022). The U.S. Market for Prescription Drugs.
- Red Book. (2022). Pharmaceutical Pricing Data.
- FDA. (2022). Biologics Price Competition and Innovation Act.
- CMS. (2022). Medicare formulary and reimbursement policies.
- Industry reports and patent databases (specific URLs/DOI to be added per actual data sources).
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