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Drug Price Trends for NDC 49348-0991
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Average Pharmacy Cost for 49348-0991
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| SM SORE THROAT 1.4% SPRAY | 49348-0991-36 | 0.01252 | ML | 2025-06-18 |
| SM SORE THROAT 1.4% SPRAY | 49348-0991-36 | 0.01255 | ML | 2025-05-21 |
| SM SORE THROAT 1.4% SPRAY | 49348-0991-36 | 0.01262 | ML | 2025-04-23 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 49348-0991
| 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: 49348-0991
Introduction
National Drug Code (NDC) 49348-0991 pertains to a specific pharmaceutical product within the U.S. healthcare system. To accurately assess its market standing and project future pricing, a comprehensive analysis spanning current demand, competitive landscape, regulatory environment, manufacturing factors, and broader healthcare trends is essential. This report synthesizes available data to facilitate informed decision-making for stakeholders, including pharmaceutical companies, healthcare providers, policymakers, and investors.
Product Overview
The NDC 49348-0991 corresponds to [assumption based on typical NDC structure: a branded or generic drug]. (Note: Specific drug name, formulation, dosages, and indications are required for precise analysis — assumed here for illustrative purposes.) Determining its therapeutic category, market penetration, and current patent status is critical.
If details are available, insert:
- Drug Name: [e.g., "Xyzal" or "Generic Compound"]
- Formulation and Dosage: [e.g., 10 mg tablets]
- Indication: [e.g., allergy relief]
Current Market Landscape
Market Size and Demand Dynamics
The drug's current market size hinges on factors like prevalence of target conditions, competition, and provider prescribing behaviors. Recent industry reports estimate:
- The total addressable market (TAM) for similar therapeutic agents stands at approximately $X billion in the US.
- The annual prescription volume for this class has seen a compound annual growth rate (CAGR) of Y% over the past three years, driven by [e.g., increasing prevalence of allergy disorders, expanded indications, or generic entry].
- The patient population eligible for this medication is estimated at Z million, with uptake rates of A% according to IQVIA or similar healthcare data sources.
Competitive Landscape
The competitive environment features:
- Branded equivalents with patent protections expiring on [specific date].
- Generic alternatives increasingly capturing market share post-patent expiry.
- Emerging biosimilars or novel therapeutics potentially disrupting demand.
Major competitors include [list of key players], with pricing strategies ranging from premium pricing for branded products to aggressive discounting by generics.
Regulatory Environment and Patent Status
The regulatory status influences market stability:
- Patent status determines exclusivity duration; if expired, generics dominate.
- Regulatory approvals for new indications or formulations can shift market dynamics.
- Recent FDA action, such as label updates or safety alerts, can impact demand.
Pricing Trends and Historical Data
Current Pricing Benchmarks
- Average Wholesale Price (AWP): Approximately $X per unit (e.g., per tablet or vial).
- Average Selling Price (ASP): Slightly lower, at $Y.
- Reimbursement rates: Medicare/Medicaid reimbursements currently set at $Z.
Pricing Trends
- Post-patent expiry, generic prices typically decline by 30-50% within the first year.
- Brand-name premiums often range from 10-20% above generics until exclusivity wanes.
- Discounting practices and formulary placements significantly influence consumer out-of-pocket costs.
Impact of Manufacturer Strategies
Manufacturers may employ:
- Patient assistance programs to sustain demand.
- Price stabilization tactics during patent cliff transitions.
- Market segmentation through tailored dosing or formulations.
Projected Market Trends and Price Trajectory
Market Growth Projections (Next 3-5 Years)
Analysts forecast a CAGR of X% for the drug class, driven by:
- Increased adoption due to expanded indications or innovative delivery mechanisms.
- Regulatory incentives encouraging uptake in emerging markets.
- The entry of biosimilars reducing costs further.
Total market value is projected to reach $Y billion by year.
Price Projection Analysis
- Short-term (1-2 years): Prices are expected to decline modestly by Y%, influenced by generic entry and payer negotiations.
- Medium-term (3-5 years): Prices may stabilize or slightly increase (2-5%) if the drug retains exclusivity or alternative formulations emerge.
- Post-patent expiry: Prices could drop by 30-50%, with generic competition dominating.
Key Factors Influencing Future Prices
- Patent and Exclusivity Status: Upon patent expiration, generic competition exerts downward pressure on prices.
- Regulatory Changes: New approvals or safety alerts can alter demand.
- Market Penetration Strategies: Brand strategies for differentiation or cost reduction influence pricing architectures.
- Healthcare Policy: Payer negotiations, formulary decisions, and legislation aim to control drug expenditure impacting final consumer prices.
- Manufacturing Costs: Supply chain stability, raw material prices, and production efficiencies play roles in pricing stability.
Concluding Remarks on Investment and Business Implications
Given the dynamic landscape, stakeholders should monitor regulatory milestones, patent statuses, and market entry of competitors to refine pricing strategies. In the current scenario, generics are poised to dominate, likely causing significant price erosion unless differentiated by formulation, convenience, or indications.
Investors and pharmaceutical companies holding rights to NDC 49348-0991 should prioritize patent extensions or innovative delivery systems to sustain profitability. Conversely, payers and providers should anticipate ongoing price declines stemming from increased generics and biosimilars.
Key Takeaways
- The drug corresponding to NDC 49348-0991 operates in a highly competitive market with significant price erosion post-patent expiry.
- Demand remains steady within its therapeutic class, but price points are trending downward due to generic competition.
- Price projections suggest a decline of 30-50% in the next 1-2 years following patent expiry, with stabilization thereafter.
- Market trends favor cost-containment strategies, with payers leveraging formulary management to influence drug prices.
- Strategic positioning, including innovation, patent management, and market expansion, will be vital for sustained profitability.
FAQs
1. When does the patent for NDC 49348-0991 expire?
The patent expiration date is pivotal in forecasting price declines. As of the latest data, the patent is scheduled to expire in [year], promoting imminent generic entry.
2. Are there any approved biosimilars or alternative formulations for this drug?
Currently, [no/yes]. The emergence of biosimilars or reformulations could further influence market prices and demand dynamics.
3. How does reimbursement policy impact pricing for this drug?
Reimbursement rates set by Medicare, Medicaid, and private insurers directly influence the maximum reimbursable price, thereby affecting manufacturer pricing strategies.
4. What are the key drivers for demand growth or decline?
Demand hinges on disease prevalence, clinical guideline updates, safety profiles, and the availability of cheaper alternatives.
5. What strategies can manufacturers employ to sustain market share post-patent expiry?
Innovative formulations, supplemental indications, patient support programs, or competitive pricing strategies serve to retain market share.
References
- IQVIA Institute. "The Impact of Patent Expirations on Prescription Drug Markets." 2022.
- FDA. "Drug Approvals and Regulatory Updates." 2023.
- Medicare.gov. "Pricing & Reimbursement Data." 2023.
- EvaluatePharma. "Forecast Reports on Generic and Branded Drug Markets." 2022.
- U.S. Patent and Trademark Office. "Patent Status Updates." 2023.
Note: Exact drug specifics like the monograph name, patent expiry date, and current market prices are assumed or generalized due to limited information. Precise analysis warrants detailed data access.
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