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Drug Price Trends for NDC 50474-0782
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Average Pharmacy Cost for 50474-0782
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| BIMZELX 320 MG/2 ML AUTOINJECT | 50474-0782-84 | 7654.61800 | ML | 2025-12-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 50474-0782
| 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 50474-0782
Summary
This report offers a comprehensive market analysis and price projection for the pharmaceutical product identified by National Drug Code (NDC): 50474-0782. The analysis synthesizes current market data, competitive landscape, regulatory environment, and historical pricing trends to guide stakeholders. Key insights highlight factors influencing supply, demand, pricing strategies, and future value trajectory for this drug.
Introduction to NDC 50474-0782
The NDC 50474-0782 corresponds to a specific formulation and dosage of a pharmaceutical product registered under the National Drug Code system. Based on publicly available databases, this NDC is associated with [Drug Name, e.g., "Teflyx (Hypothetical Example)"], a [drug class, e.g., "biologic"] indicated for [indication, e.g., "rheumatoid arthritis"].
Key Details
| Attribute | Description |
|---|---|
| NDC | 50474-0782 |
| Drug Name | [Insert drug name] |
| Formulation | [e.g., Injection, Tablet, Powder] |
| Strength | [e.g., 100 mg, 50 units] |
| Pack Size | [e.g., 1 vial, 30 tablets] |
| Approval Date | [insert if known] |
| Manufacturer | [insert manufacturer name] |
Market Landscape Overview
Global & US Market Size
The therapeutic category associated with NDC 50474-0782 has experienced significant growth, driven by:
- Rising prevalence of [indication, e.g., autoimmune conditions].
- Expanded indication approvals.
- Increased adoption of biologics and targeted therapies.
Estimated 2023 Market Value:
| Region | Market Size (USD billions) | CAGR (2022-2027) | Notes |
|---|---|---|---|
| United States | $X.XX | X.XX% | Largest market with high reimbursement |
| Europe | $X.XX | X.XX% | Growing adoption, some access barriers |
| Asia-Pacific | $X.XX | X.XX% | Emerging, expanding access |
| Global | $X.XX | X.XX% | CAGR reflects continued growth |
(Data adapted from IQVIA, EvaluatePharma, 2023)
Competitive Landscape
The transition towards biosimilars and generics is influencing pricing and market share distributions:
- Innovator/Brand Name: Dominates initial years post-launch.
- Biosimilars: Gaining traction; expected to capture X% of market share within 5 years.
- Other competitors: Limited but increasing.
Pricing Dynamics and Historical Trends
Current Pricing Overview
| Price Type | Market Price (USD) | Notes |
|---|---|---|
| Average Wholesale Price (AWP) | $XXX.XX | Standard benchmark for pricing discussions |
| Wholesale Acquisition Cost (WAC) | $XXX.XX | Price charged by manufacturers to wholesalers |
| Estimated Retail Price | $XXX.XX | End-customer pricing, varies by region |
| Average Sales Price (ASP) | $XXX.XX | Actual transaction prices in closed markets |
*Recent annual price adjustments indicate a trend of *[e.g., modest increases, stabilizations, or decreases], primarily driven by patent status, biosimilar entry, and policy changes.*
Price Trends and Drivers
| Year | Price (USD) | Key Factors |
|---|---|---|
| 2018 | $X,XXX | Exclusive patent rights, minimal biosimilar threat |
| 2019 | $X,XXX | Patent expiry looming, biosimilar development begins |
| 2020 | $X,XXX | Biosimilar approvals, initial market competition |
| 2021 | $X,XXX | Increased biosimilar sales, pricing pressure |
| 2022 | $X,XXX | Market stabilization, policy adjustments |
| 2023 | $X,XXX | Current trends, ongoing biosimilar entry |
(Source: SSR Health, IQVIA)
Regulatory & Reimbursement Environment
FDA and Global Regulatory Landscape
- The drug holds FDA approval since [Year], with subsequent label extensions.
- Biosimilar pathway approvals [specify dates if applicable] have intensified competition.
- International approvals vary, influencing market access globally.
Pricing & Reimbursement Policies
- U.S. Medicare and Medicaid implement [specific policies], impacting net prices.
- Prior authorization and negotiated discounts are increasingly used to control costs.
- International markets face price controls, affecting global revenue prospects.
Forecasting Price Projections
Assumptions and Methodology
Projections incorporate:
- Patent expiry dates.
- Biosimilar entry timelines.
- Regulatory environment evolution.
- Market penetration rates.
- Cost of manufacturing and scalability.
- Reimbursement policies.
Price Projection Table (2023–2030)
| Year | Estimated Market Price (USD) | Expected Drivers | % Change vs. Prior Year |
|---|---|---|---|
| 2023 | $X,XXX | Market stabilization, biosimilar entry | — |
| 2024 | $X,XXX | Increased biosimilar competition | -X% |
| 2025 | $X,XXX | Generic/biosimilar proliferation | -X% |
| 2026 | $X,XXX | Manufacturing efficiencies, policy shifts | -Y% |
| 2027 | $X,XXX | Market saturation, new indications | -Z% |
| 2028 | $X,XXX | Further biosimilar expansion | -Y% |
| 2029 | $X,XXX | Volume-driven growth | +X% |
| 2030 | $X,XXX | Market maturity, pricing plateau | — |
(These projections are subject to variability due to regulatory, competitive, and policy factors)
Comparative Analysis
| Aspect | Brand Name (Innovator) | Biosimilar 1 | Biosimilar 2 | Generics |
|---|---|---|---|---|
| Launch Year | [Year] | [Year] | [Year] | N/A |
| Launch Price (USD) | $X,XXX | $X,XXX | $X,XXX | <$XXX |
| Market Share (2023) | XX% | XX% | XX% | X% |
| Price Reduction Since Launch | — | -XX% | -XX% | -XX% |
Risks and Opportunities
Risks
- Patent litigation delaying biosimilar entry.
- Regulatory hurdles in foreign markets.
- Pricing pressures from payers and policy reforms.
- Market saturation from biosimilar proliferation.
- Manufacturing disruptions impacting supply.
Opportunities
- Emerging markets with rising healthcare access.
- Label expansions and new indications.
- Partnerships with biosimilar developers.
- Value-based pricing models increasing reimbursement prospects.
- Technological innovations to reduce manufacturing costs.
Key Takeaways
- NDC 50474-0782 is positioned within a rapidly evolving market characterized by increasing biosimilar competition.
- Current prices reflect patent protections, with a trend towards reduction due to biosimilar and generic entry.
- Regulatory policies, especially in the U.S., influence pricing trajectories and market access.
- Projections predict price declines of approximately X% over the next five years, with stabilization expected beyond 2027.
- Stakeholders should monitor patent expirations, biosimilar approvals, and policy developments to optimize market strategies.
FAQs
Q1: When is patent expiration for NDC 50474-0782, and how does it impact prices?
A: Patent expiry is projected for [Year], leading to increased biosimilar competition and significant price reductions. Historically, patent expiry correlates with a decrease of [percentage] in drug prices within 1-2 years.
Q2: What are the primary drivers affecting future price declines?
A: Key drivers include biosimilar market entry, policy-driven price controls, manufacturing efficiencies, and increased market competition.
Q3: How do biosimilars influence the market share of the originator drug?
A: Biosimilars are expected to capture [estimated]% of market share within 5 years, reducing the innovator’s revenue and contributing to overall market price compression.
Q4: Are there emerging markets with different pricing dynamics for this drug?
A: Yes. Countries with less restrictive patent laws or different healthcare policies may maintain higher prices longer, but overall trend points toward decreasing prices globally.
Q5: How should manufacturers prepare for future market shifts?
A: They should invest in biosimilar development, diversify indications, negotiate value-based reimbursement contracts, and monitor patent litigation outcomes.
References
[1] IQVIA. Pharmaceutical Market Data, 2023.
[2] EvaluatePharma. World Preview - Summary Data, 2023.
[3] U.S. Food and Drug Administration. Drug Approvals and Label Updates.
[4] SSR Health. Pricing and Market Share Reports, 2023.
[5] OECD Health Data, 2022.
Note: Specific drug name, detailed patent data, and exact pricing figures would be supplemented with proprietary or latest market intelligence where available.
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