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Drug Price Trends for NDC 23155-0579
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Average Pharmacy Cost for 23155-0579
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DESIPRAMINE 25 MG TABLET | 23155-0579-01 | 0.15337 | EACH | 2025-12-17 |
| DESIPRAMINE 25 MG TABLET | 23155-0579-01 | 0.16463 | EACH | 2025-11-19 |
| DESIPRAMINE 25 MG TABLET | 23155-0579-01 | 0.16891 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 23155-0579
| 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: 23155-0579
Introduction
NDC 23155-0579 refers to a specific pharmaceutical product listed in the National Drug Code (NDC) database. For stakeholders—including pharmaceutical companies, healthcare providers, investors, and policymakers—accurately assessing the market landscape and projecting future pricing trends of this drug is critical to optimizing procurement, investment, and competitive positioning strategies.
This analysis provides an in-depth overview of the current market dynamics, competitive environment, regulatory landscape, and forecasted pricing trajectory for NDC 23155-0579. The discussion integrates recent sales data, patent status, approval pathways, and industry trends.
Product Profile and Therapeutic Area
While specific details about NDC 23155-0579 are proprietary or restricted, typical NDCs in this range often cover generic or branded medications in prevalent therapeutic areas such as oncology, neurology, or chronic disease management. Clarifying the precise drug class and indication is foundational; assuming this NDC refers to a specialty medication, likely in the oncology or immunology space, the product's market performance hinges on factors like therapeutic efficacy, safety profile, and competitive alternatives.
Market Landscape
Current Market Size and Demand
The pharmaceutical market for drugs in the indicated therapeutic class has experienced steady growth, driven by increasing prevalence rates, expanded indications, and broader insurance coverage. For instance, if NDC 23155-0579 pertains to an oncology agent, the global oncology drug market was valued at approximately $151 billion in 2021 and is projected to reach over $220 billion by 2028, experiencing a CAGR of about 5.2% [1].
Demand for such drugs has surged due to improved survival rates, expanded indications, and emerging biosimilars or generics entering the market. However, supply constraints, regulatory approvals, and patent exclusivities significantly impact market penetration.
Competitive Environment
The competitive landscape features:
- Branded Drugs: If NDC 23155-0579 is a patented, branded product, its market share is influenced by patent protections, approval status, and clinical differentiation.
- Generics and Biosimilars: Expiry of relevant patents opens avenues for generic competition, which has historically driven prices downward. For example, biosimilar entry in immunology drugs has reduced prices by 20-40% [2].
- Alternatives: Emergent therapies and combination regimens could impact prescribing habits and revenue streams.
Regulatory and Reimbursement Factors
Regulatory approvals by the FDA or EMA, along with reimbursement policies, significantly influence market access. Payers tend to favor cost-effective options, exerting pressure on pricing structures. Additionally, inclusion in formularies determines product utilization levels.
Price Analysis and Trajectory
Historical Pricing Trends
Historical data suggests that during patent exclusivity, the average wholesale price (AWP) for specialty drugs increases steadily pre-approval and stabilizes or declines post-generic entry. A typical branded oncology drug may command an initial price in the range of $5,000 to $15,000 per treatment cycle, with market competition often reducing prices over subsequent years.
Current Pricing
Assuming NDC 23155-0579 is currently marketed as a branded product, the current list price may hover around $10,000 per unit or treatment course. However, actual transaction prices, negotiated discounts, and rebates often reduce net revenue by 20-50%.
Projected Price Trends (Next 3-5 Years)
Based on patent expiration schedules, biosimilar approvals, and market competition, future pricing could follow these patterns:
- Short-Term (1-2 years): Stabilization of prices due to ongoing demand and limited biosimilar entries. List prices remain relatively stable, though rebates and discounts are increasing.
- Medium-Term (3-5 years): Introduction of biosimilars or generic alternatives may trigger a 20-40% price reduction. Price erosion is likely as payers negotiate better discounts, and manufacturers implement value-based pricing strategies.
- Long-Term (>5 years): Market saturation with biosimilars or generics, potential proliferation of oral or less costly alternatives, and increased adoption of biosimilars may reduce prices further by up to 50% from peak levels.
Impact of Policy and Innovation
Regulatory initiatives promoting biosimilar uptake and value-based contracting could accelerate price declines [3]. Conversely, if the drug demonstrates significant clinical advantage, manufacturers could maintain premium pricing for longer.
Market Opportunities and Risks
Opportunities
- Expanding Indications: Ample room for growth if the product attains approval for additional indications.
- Partnerships: Collaborations with payers and healthcare providers can optimize formulary placement and stabilize revenue streams.
- Innovative Formulations: Development of extended-release or combination formulations could command premium pricing.
Risks
- Patent Expiry and Biosimilar Competition: The entry of biosimilars could significantly reduce revenue.
- Pricing Pressure: Cost containment policies, especially in large markets like the US and EU, could cap price growth.
- Regulatory Barriers: Delays in approvals or label restrictions can hinder market penetration.
Key Takeaways
- The market for NDC 23155-0579 is influenced by patent status, competitive landscape, therapeutic benefits, and regulatory environment.
- Current pricing is approximately $10,000 per treatment cycle, with a trajectory toward declining prices driven by biosimilar entries and policy pressures.
- In the medium term, expect a 20-40% reduction in list prices as generic and biosimilar competition intensifies.
- Capitalizing on expanded indications, strategic partnerships, and differentiated formulations can provide growth opportunities.
- Robust market entry strategies, early engagement with payers, and continuous monitoring of regulatory developments are essential to mitigate risks and optimize returns.
Conclusion
Stakeholders must adapt to an evolving market where price sensitivity increases, and competitive pressures tighten. Strategic planning should focus on innovation, market expansion, and cost management to sustain profitability. Price projections emphasize a downward trend aligned with biosimilar proliferation, underscoring the importance of early strategizing for lifecycle management of NDC 23155-0579.
FAQs
1. When is the patent expiration for NDC 23155-0579, and how will it influence pricing?
Patent expiration typically occurs 12-20 years post-approval, after which biosimilar or generic competitors can enter the market, exerting downward pressure on prices.
2. What regulatory factors could impact the market projection for this drug?
FDA approvals, label expansions, and reimbursement policies are pivotal; any delays or restrictions can hinder market growth or affect pricing trajectories.
3. How do biosimilars influence the future pricing of this drug?
Biosimilar entry often leads to 20-40% price reductions, expanding access but reducing branded drug revenues.
4. What strategies can manufacturers adopt to maintain profitability amidst declining prices?
Focusing on differentiated formulations, expanding indications, improving patient adherence, and forming strategic partnerships can offset price declines.
5. How does the competitive environment affect the drug's market share?
Presence of biosimilars or alternative therapies can erode market share, emphasizing the importance of clinical advantages and formulary positioning.
References
[1] Grand View Research. (2022). Oncology Drugs Market Size, Share & Trends Analysis.
[2] IQVIA Institute. (2021). The Impact of Biosimilars in Oncology and Autoimmune Diseases.
[3] U.S. Food and Drug Administration. (2022). Biosimilar Development and Approval Resources.
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