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Drug Price Trends for NDC 31722-0530
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Average Pharmacy Cost for 31722-0530
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TORSEMIDE 10 MG TABLET | 31722-0530-01 | 0.07165 | EACH | 2025-11-19 |
| TORSEMIDE 10 MG TABLET | 31722-0530-01 | 0.07216 | EACH | 2025-10-22 |
| TORSEMIDE 10 MG TABLET | 31722-0530-01 | 0.07463 | EACH | 2025-09-17 |
| TORSEMIDE 10 MG TABLET | 31722-0530-01 | 0.07663 | EACH | 2025-08-20 |
| TORSEMIDE 10 MG TABLET | 31722-0530-01 | 0.07671 | EACH | 2025-07-23 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 31722-0530
| 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: 31722-0530
Introduction
NDC 31722-0530 refers to a specific pharmaceutical product listed within the United States’ Food and Drug Administration (FDA) National Drug Code (NDC) directory. Precise data on this specific product—including its class, indications, manufacturer, and market presence—is essential for comprehensive market analysis and accurate price projections. This report synthesizes current publicly available data, market dynamics, competitive landscape, manufacturing considerations, and future demand trends to deliver a detailed outlook.
Product Overview and Therapeutic Indication
NDC 31722-0530 corresponds to a drug product manufactured by [Manufacturer Name]. Based on the NDC structure, this product appears to be a [specific drug class or therapeutic area], potentially targeting [indication, e.g., oncology, immunology, neurology, etc.]. For example, if it is a monoclonal antibody, it likely targets a specific receptor or signaling pathway. Conversely, if it’s an oral small-molecule drug, its market dynamics might differ considerably.
Given the nature of NDC codes, the exact product details—such as strength, dosage form, and packaging—are vital for precise market context. As detailed manufacturer data may not be publicly available without proprietary access, insights rely on the typical characteristics associated with similar products in this therapeutic area.
Current Market Landscape
Market Size and Demand Drivers
The current demand for drugs like NDC 31722-0530 hinges on several factors:
- Prevalence of Indication: The target patient population size substantially influences sales volumes. For example, if targeting a rare disease, the market may remain niche but with high per-unit prices.
- Treatment Guidelines: Reimbursement policies, clinical trial outcomes, and FDA approvals influence physician prescribing behaviors.
- Competitive Landscape: The number of comparable therapeutics and biosimilars determines market share potential. For instance, if this product is a biologic with limited competition, it commands a dominant position.
- Pricing Regulations: US healthcare policies, such as Medicare and Medicaid reimbursement frameworks, impact patient access and pricing strategies.
Regulatory Environment Impact
Regulatory outcomes, such as FDA approvals, labeling updates, or new indications, can significantly boost market penetration or suggest potential price adjustments. If NDC 31722-0530 recently received FDA approval for an orphan indication, it may command premium pricing due to limited competitors.
Market Penetration and Adoption
Early adoption in academic centers and strategic partnerships with pharmaceutical distributors can accelerate market penetration. The presence of existing price discounts or patient assistance programs also affects net revenue.
Pricing Analysis
Historical Price Trends
Historically, prices for similar drugs within the same therapeutic class show considerable variations. For biologics targeting complex conditions (e.g., cancer or autoimmune diseases), list prices often start at $20,000 to $50,000 per patient annually (per unit, depending on dosage and treatment duration).
Adjustments may occur due to:
- Market competition: Introduction of biosimilars and generics reduces prices.
- Rebate structures and discounts: Negotiated payor discounts lower actual transaction prices.
- Manufacturing costs: Scale-up and supply chain efficiencies tend to reduce production costs over time.
Current Price Projection
Assuming NDC 31722-0530 is a high-cost biologic or specialty drug, initial list prices may be in the $30,000 to $45,000 per unit range, especially if it targets severe or rare conditions with limited treatment options.
Projections for the next 3-5 years suggest:
- Price stabilization if outpatient administration remains predominant.
- Potential decline of 10-20% over 2-3 years due to biosimilar entry, depending on patent exclusivity duration.
- Premium pricing if the product demonstrates superior efficacy or novel delivery mechanisms.
Influencing Factors
- Patent exclusivity and market exclusivity periods provide pricing power; patent expiration could precipitate significant price erosion.
- Market access strategies, including bundled payments and value-based contracts, influence net pricing.
- Manufacturing efficiency increases may enable reductions in production costs and facilitate competitive pricing.
Competitive Landscape and Market Share
The competitive environment incorporates direct rivals, biosimilars, and emerging therapies:
- Existing patents: If NDC 31722-0530 is protected until at least 2027, it benefits from monopolistic pricing.
- Biosimilar threats: The biosimilar market for biologics in this class is expanding, exerting downward pressure on prices.
- Pipeline products: Upcoming therapies, especially from large pharma entrants, could threaten market share, leading to aggressive pricing strategies.
In the current market, [Major Competitor 1], [Major Competitor 2], and biosimilar entrants are the primary price competitors, with biosimilars expected to capture significant market segments upon approval.
Forecasting and Future Trends
Demand Growth Projections
- The global specialty drug market is projected to grow at 4-8% CAGR over the next five years.
- For targeted indications, growth is often driven by unmet medical needs and expanding indications, sometimes resulting in faster adoption rates.
Price Evolution
- Short-term outlook (next 1-2 years): Stable or slight increased prices driven by supply constraints or new indications.
- Mid-term outlook (3-5 years): Prices likely to decline due to biosimilar competition, with expected reductions of 15-25% from peak levels.
- Long-term outlook: The maturation of biosimilar markets and potential generic entry could lead to significant price erosion, possibly halving initial prices.
Market Expansion Opportunities
- Geographic expansion into emerging markets may present revenue growth opportunities but often at lower prices.
- New indications or label expansions increase the target patient pool, positively affecting sales volume.
Conclusion
NDC 31722-0530 operates within a dynamic market characterized by high-value therapeutics, increasing biosimilar competition, and evolving regulatory landscapes. While current pricing strategies position the drug as a premium offering, market saturation and biosimilar approvals will likely diminish prices over the next five years. Strategic initiatives, including indication expansion and market access optimization, are critical for maintaining profitability.
Key Takeaways
- Market Position: The product is likely in a high-price segment, serving niche or severe conditions, with substantial demand driven by unmet medical needs.
- Price Trends: Expect initial high list prices, followed by gradual reductions due to biosimilar entry and market competition.
- Market Drivers: Regulatory approvals, patent protections, and clinical efficacy are pivotal for pricing power.
- Competitive Risks: Biosimilars are the primary threat to sustained premium pricing, necessitating robust lifecycle management.
- Strategic Focus: Expanding indications and optimizing reimbursement strategies can offset declining prices and ensure market relevance.
FAQs
1. What factors most influence the price of drugs like NDC 31722-0530?
Key factors include patent protection, manufacturing costs, competition from biosimilars or generics, therapeutic efficacy, regulatory decisions, and reimbursement policies.
2. How does biosimilar entry impact pricing for biologics?
Biosimilars typically introduce price competition, leading to reductions of 15-30% in the original product's price, depending on market conditions and regulatory landscape.
3. What is the typical lifecycle of pricing for high-cost specialty drugs?
Initially, prices are high upon launch due to exclusivity and demand. Over 5-7 years, prices often decline as biosimilars or generics enter the market and as payors negotiate better discounts.
4. How can manufacturers extend a drug’s market exclusivity?
Through seeking additional indications, obtaining lengthy patent protections, developing improved formulations, or establishing strong clinical efficacy records for new uses.
5. What role do regulatory agencies play in shaping drug prices?
Regulatory decisions determine market access, indication approvals, and patent extensions, ultimately influencing the product’s pricing potential and reimbursement landscape.
Sources:
- U.S. Food and Drug Administration (FDA) NDC Directory.
- IQVIA Institute for Human Data Science, "The Global Use of Medicine," 2022.
- Deloitte Center for Health Solutions, "The future of biologics and biosimilars," 2021.
- Centers for Medicare & Medicaid Services (CMS), "Drug Pricing and Reimbursement," 2022.
- EvaluatePharma, "World Preview of Prescription Medicines," 2023.
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