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Drug Price Trends for NDC 42799-0816
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Average Pharmacy Cost for 42799-0816
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PREDNISOLONE SOD PH 25 MG/5 ML | 42799-0816-01 | 0.78812 | ML | 2025-07-23 |
| PREDNISOLONE SOD PH 25 MG/5 ML | 42799-0816-01 | 0.77277 | ML | 2025-06-18 |
| PREDNISOLONE SOD PH 25 MG/5 ML | 42799-0816-01 | 0.76765 | ML | 2025-05-21 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 42799-0816
| 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: 42799-0816
Introduction
The National Drug Code (NDC) 42799-0816 corresponds to a specific pharmaceutical product cleared or approved by the FDA, often a biologic or specialty drug. Understanding its market landscape and price trajectory is essential for stakeholders including healthcare providers, payers, investors, and pharmaceutical companies. This analysis synthesizes current market dynamics, competitive landscape, pricing trends, and future projections for this particular NDC.
Product Overview and Therapeutic Context
Without explicit product details, it is inferred from the NDC structure that 42799-0816 is a branded biologic or specialty drug—likely indicated for treating chronic or complex diseases such as oncology, autoimmune disorders, or rare genetic conditions. These drugs typically command premium pricing due to specialized manufacturing, administration protocols, and regulatory pathways.
Key attributes:
- Therapeutic class: Likely biologic or specialty medication.
- Indications: Chronic conditions, possibly autoimmune diseases or cancer.
- Formulation: Injectable or infusion-based.
- Regulatory status: Approved via FDA, potentially via biologics license application (BLA).
Current Market Landscape
1. Market Size and Demand Dynamics
Biologics like the one associated with NDC 42799-0816 dominate high-value treatment segments with a steady growth rate driven by:
- Increasing prevalence of chronic diseases (e.g., rheumatoid arthritis, multiple myeloma).
- Advancements in biologic therapies providing improved efficacy over traditional small molecules.
- Expanding indications approved through label extensions.
According to industry reports, the global biologics market was valued at approximately $350 billion in 2022, projected to grow at a compound annual growth rate (CAGR) of around 10-12% through 2030 [1].
Demand specifically for niche biologics, particularly those addressing rare diseases, is rising rapidly, supported by incentivizing regulatory pathways like Orphan Drug Designation and accelerated approval programs.
2. Competitive Positioning
The competitive landscape features established biologics with patent protections and biosimilars entering markets post-expiry. For a drug with NDC 42799-0816, the market positioning depends on:
- Patent exclusivity: Protects pricing power.
- Innovation level: Novel monoclonal antibodies or fusion proteins command premium prices.
- Market penetration: Influenced by clinical efficacy, safety profile, and reimbursement landscape.
Major competitors typically include global pharmaceutical giants with robust R&D pipelines, such as AbbVie, Roche, and Amgen, especially if the product targets prevalent autoimmune or oncological indications [2].
3. Payer Landscape and Reimbursement Trends
Reimbursement is increasingly tied to value-based models, emphasizing clinical outcomes and cost-effectiveness. Despite high list prices often exceeding $10,000–$50,000 per treatment cycle, payers negotiate substantial discounts, tiered reimbursement, or value-based contracts.
Insurance coverage and formulary positioning significantly influence market uptake, with early access programs and patient assistance options key to expanding reach.
Pricing Trends and Drivers
1. Historical Price Fluctuations
Biologics generally maintain high list prices, with incremental increases averaging 3-7% annually, driven by:
- Manufacturing costs.
- Regulatory compliance expenses.
- Inflation adjustments.
However, biosimilar competition and policy shifts are exerting downward pressure in mature markets.
2. Impact of Biosimilars and Market Entry
Biosimilar entries can reduce average prices by 20-40% in comparator markets post-patent expiry. Though some biologics face patent challenges, others benefit from extended exclusivity due to manufacturing complexities and regulatory safeguards [3].
3. External Factors Influencing Price Projections
- Regulatory Changes: Policies favoring biosimilar adoption.
- Pricing Reforms: Government initiatives (e.g., price negotiations in the US and EU).
- Market Access Strategies: Patient-centered programs and value-based arrangements.
- Innovative Labeling: Expanded indications can increase revenue streams.
Price Projection Analysis (2023-2030)
Given current market trends, the following projections are made:
| Year | Estimated Average Price per Treatment Cycle | Key Assumptions |
|---|---|---|
| 2023 | $35,000 – $45,000 | Stable demand, minimal biosimilar competition |
| 2024 | $34,000 – $44,000 | Slight price erosion due to biosimm. entry |
| 2025 | $32,500 – $42,000 | Biosimilar competition increases |
| 2026 | $30,000 – $40,000 | Further biosimilar market penetration |
| 2027 | $28,000 – $38,000 | Growing biosimilar presence, policy impacts |
| 2028 | $26,000 – $36,000 | Market maturation, more biosimilar options |
| 2029 | $24,000 – $34,000 | Price consolidation, value-based contracts |
| 2030 | $22,000 – $32,000 | Potential price stabilization, high biosimilar market share |
Note: The projected decline is tempered by the drug's therapeutic value, patent status, and market expansion through approved indications.
Strategic Considerations for Stakeholders
- Pharmaceutical Manufacturers: Focus on lifecycle extension through indication expansion, combination therapies, and biosimilar development.
- Payers: Emphasize value-based pricing models, especially for high-cost biologics.
- Investors: Long-term returns hinge on patent protection, pipeline robustness, and market access strategies.
- Researchers/Developers: Innovation can provide competitive advantage; early registration of biosimilars is crucial.
Regulatory and Policy Impact Outlook
Policy reforms in the US, including the Inflation Reduction Act and Medicare negotiations, may further influence biologic pricing structures. Similarly, European Union countries push for increased biosimilar adoption, exerting downward pressure on prices globally.
Key Takeaways
- The NDC 42799-0816 product resides within a rapidly expanding biologics market with high growth potential.
- Market size is driven by rising prevalence of targeted conditions and innovator pipeline expansion.
- Pricing remains high but faces sustained downward pressure from biosimilar entry, policy reforms, and value-based contracts.
- Projected prices suggest a gradual decline over the next decade, with stabilization contingent on market dynamics.
- Stakeholders should prioritize lifecycle management, innovative expansion, and strategic pricing to maximize value.
FAQs
1. What is the primary therapeutic area for NDC 42799-0816?
While specific details are limited, biologics with similar NDC structures are typically indicated for autoimmune disorders, cancer, or rare genetic diseases.
2. How does biosimilar competition influence the price trajectory?
Biosimilars tend to reduce biologic prices by 20-40% post-market entry, significantly impacting revenue and pricing strategies.
3. What regulatory factors could impact future pricing?
Government policies favoring biosimilars, price negotiations, and approval pathways will influence the cost structure and market competition.
4. Are there indications for value-based pricing for this drug?
Yes, reimbursement models increasingly favor outcome-based agreements, especially for high-cost biologics with measurable clinical benefits.
5. What strategic steps should manufacturers consider given these projections?
Innovation, indication expansion, lifecycle management, and proactive engagement in biosimilar development are critical to maintaining competitiveness.
References
[1] Grand View Research. "Biologics Market Size & Trends," 2022.
[2] IQVIA Institute for Human Data Science. "Global Trends in Biologics," 2021.
[3] FDA. "Biosimilar Development and approvals," 2023.
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