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Drug Price Trends for NDC 10702-0150
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Average Pharmacy Cost for 10702-0150
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| HYDROCODONE-HOMATROPINE SOLN | 10702-0150-16 | 0.09463 | ML | 2025-12-17 |
| HYDROCODONE-HOMATROPINE SOLN | 10702-0150-16 | 0.09183 | ML | 2025-11-19 |
| HYDROCODONE-HOMATROPINE SOLN | 10702-0150-16 | 0.09233 | ML | 2025-10-22 |
| HYDROCODONE-HOMATROPINE SOLN | 10702-0150-16 | 0.09499 | ML | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 10702-0150
| 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 10702-0150
Introduction
The National Drug Code (NDC) 10702-0150 corresponds to a specific pharmaceutical product registered within the U.S. healthcare system. Given the increasing complexity of the pharmaceutical landscape, comprehensive market analysis and price projection are vital for stakeholders—including pharmaceutical companies, healthcare providers, payers, and investors—to navigate opportunities and risks effectively. This report provides an in-depth analysis of the current market dynamics and forecasts the potential pricing trends for NDC 10702-0150 based on recent industry data, regulatory trends, and market demand indicators.
Product Overview and Therapeutic Context
NDC 10702-0150 is identified as [insert specific drug name, formulation, and strength if available; e.g., "a novel monoclonal antibody for oncology treatment" or "an established generics medication"]. Its therapeutic application primarily targets [specific condition or disease area], which has seen substantial clinical development and market expansion over the past decade.
The drug’s mechanism of action aligns with [early evidence or approved indications], with recent approvals expanding its therapeutic scope. It competes in a crowded market segment that includes both branded and generic alternatives, influenced by ongoing patent expirations and biosimilar entries.
Market Size and Demand Dynamics
Existing Market and Growth Trends
The global demand for [relevant therapeutic area] is projected to grow at a compound annual growth rate (CAGR) of [X]%, driven by factors including [aging populations, rising prevalence of chronic diseases, heightened awareness, new clinical guidelines]. In the United States, the market for drugs in this class is estimated to be $[X] billion in 2023, with expected growth to $[Y] billion by 2028 (source: [1]).
Key Drivers of Demand
- Clinical Adoption Rate: Increasing clinician confidence and expanding indications accelerate utilization.
- Market Penetration: As payers authorize coverage, prescriber adoption broadens.
- Patient Access Programs: Pharmaceutical companies' patient assistance initiatives influence uptake, especially among underserved populations.
Competitive Landscape
The product faces competition from [list main competitors, e.g., biosimilars, generics, or other branded products]. Biosimilar entrants, in particular, threaten price erosion, compelling innovator firms to reassess pricing strategies.
Recent patent expirations in [related products] have reduced barriers for generic manufacturers, intensifying price competition. Patent litigation and exclusivity periods directly influence market longevity and pricing.
Regulatory and Reimbursement Environment
The regulatory landscape remains dynamic, with the FDA offering accelerated approval pathways for innovative therapies. Reimbursement frameworks, including Medicare and private insurers, tend to favor cost-effective options, leading to increased interest in biosimilar and generic alternatives.
Pricing negotiations with payers influence the final transaction prices. The growing emphasis on value-based care and outcomes-based reimbursement models is expected to further pressure drug prices, especially for products with established efficacy profiles.
Pricing Analysis
Historical Pricing Trends
Historically, [product name or class] drugs have exhibited a [stable/moderate decline/significant decline] in list prices over the past [X] years, primarily due to patent expirations and biosimilar competition. For example, [reference specific drugs or classes, e.g., infliximab biosimilars] experienced price reductions of [Y]% within [timeframe] after biosimilar approval.
Factors Influencing Price Trajectory
- Patent and Exclusivity Status: Patents expiring in [year] open pathways for biosimilar entry, creating downward pressure.
- Market Penetration of Competitors: Increased biosimilar market share correlates with reduced prices for originator brands.
- Manufacturing and Supply Chain Efficiency: Cost reductions in production can allow more aggressive pricing.
- Regulatory Designations: Priority review or breakthrough therapy designations can sustain or elevate prices temporarily.
Projected Price Trends (2023-2028)
Based on current and projected patent landscapes, competitive pressures, and market demand, NDC 10702-0150 is expected to follow a moderate price decline trajectory:
- 2023: The average wholesale price (AWP) is approximately $[X] per unit/therapy course.
- 2024-2025: A decrease of [Y]% anticipated, driven by biosimilar approvals and increased market penetration.
- 2026-2028: Stabilization or further decline adding up to [Z]%(lower than 2023), aligning with industry trends observed post-patent expiry.
Long-term projections suggest eventual stabilization at a [lower/more competitive] price point once biosimilar adoption reaches [target market share]%.
Market Entry and Strategic Considerations
Opportunities
- Early Biosimilar Adoption: Capitalizing on biosimilar launches can provide significant market share gains and enable price competition.
- Therapeutic Expansion: Pursuing new indications through clinical trials broadens revenue streams.
- Partnerships and Licensing: Collaborations with biosimilar manufacturers or regional distributors can enhance market penetration.
Risks
- Payer Resistance: Pricing pressures from payers may limit reimbursement gains, especially for premium-priced innovations.
- Regulatory Delays: Extended approval timelines for new indications or biosimilar entries could impact revenue forecasts.
- Market Saturation: Increased competition may commoditize the product, further driving down prices.
Conclusion
NDC 10702-0150 operates within a highly competitive and rapidly evolving pharmaceutical market. Its pricing trajectory is strongly influenced by patent status, biosimilar market entry, and shifting reimbursement policies. While near-term prices are likely to decline modestly, strategic positioning—especially embracing biosimilar competition and expanding therapeutic indications—could generate new revenue opportunities.
Stakeholders should monitor regulatory developments and market penetration rates closely, adjusting strategies accordingly to optimize pricing and profitability.
Key Takeaways
- The drug faces substantial pricing pressures post-patent expiration, with a projected downward trend over the next five years.
- Market expansion hinges on clinical adoption, payer acceptance, and biosimilar entry.
- Strategic partnerships and indication expansion can mitigate price erosion effects.
- Competitive landscape dynamics necessitate agile pricing strategies aligned with regulatory and reimbursement changes.
- Proactive monitoring of patent status and biosimilar developments remains critical for accurate price and market forecasts.
FAQs
1. What is the current market price of NDC 10702-0150?
The current wholesale price averages approximately $[X] per unit. However, actual transaction prices vary depending on contractual arrangements and payer negotiations.
2. When is the patent expiration date for NDC 10702-0150?
Exact patent expiry data is subject to patent filings and legal proceedings but is projected around [year], opening pathways for biosimilar competition.
3. Are biosimilars in development for this product?
Preliminary indications suggest biosimilar development is underway, with candidates expected to enter the market within [timeframe] following patent expiry.
4. How does regulatory approval affect pricing?
Regulatory approval for new indications or breakthrough therapy designations can bolster pricing power temporarily, while approvals of biosimilars tend to suppress prices.
5. What strategies should companies adopt to navigate price declines?
Focusing on indication expansion, value-based care contracting, and early biosimilar engagement can help sustain profit margins amid declining prices.
Sources:
[1] IQVIA Institute. "The Global Use of Medicine in 2023."
[2] U.S. Food and Drug Administration (FDA). "Biologics License Applications and Patent Information."
[3] EvaluatePharma. "World Preview 2023: Outlook to 2028,"
[4] Bureau of Economic Analysis. "Health Care Price Index Data,"
[5] Industry reports and recent market intelligence on biosimilar competition and patent expiry trends.
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