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Drug Price Trends for NDC 51672-2089
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Average Pharmacy Cost for 51672-2089
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51672-2089
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| DIPHENHYDRAMINE HCL 2%/ZINC ACETATE 0.1% CREA | Golden State Medical Supply, Inc. | 51672-2089-02 | 28.4GM | 2.36 | 0.08310 | 2023-06-15 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC: 51672-2089
Introduction
The pharmaceutical landscape is continually evolving, driven by scientific advancements, regulatory changes, and market dynamics. For stakeholders involved in drug development, commercialization, and investment, understanding the market position, competitive environment, and future price trajectories of specific drugs is paramount. This analysis offers a detailed evaluation of the drug identified by National Drug Code (NDC): 51672-2089, focusing on current market trends, competitive dynamics, and financial projections.
Drug Profile and Therapeutic Context
NDC 51672-2089 corresponds to [Insert drug name and indication—e.g., a novel biologic or small-molecule therapy for a rare disease or common condition, depending on actual data]. This medication targets [specify mechanism of action, e.g., immune modulation, kinase inhibition, enzyme replacement], operating within the [therapeutic class, e.g., oncology, neurology, infectious diseases] segment.
An understanding of its clinical positioning reveals whether it addresses an unmet need or competes within a matured market. For example, if it is a breakthrough biologic indicated for a rare disease, market exclusivity and high pricing might sustain premium valuation; alternatively, a drug competing in a crowded therapeutic area would face pricing compression pressures.
Market Size and Demographics
The global market for [indication] is projected to reach $X billion by 2025, expanding at a CAGR of Y% (source: [1]). In the United States alone, relevant patient populations number approximately Z million, with growth driven by [factors such as aging populations, increasing disease awareness, diagnostic advances].
For NDC 51672-2089, the market size will depend on:
- Market penetration: regulatory approval status, reimbursement coverage, and physician adoption.
- Indication scope: whether the drug is first-in-class, second-line, or adjunctive therapy.
- Pricing and reimbursement landscapes: payer acceptance, formulary placements, and patient affordability.
Regulatory and Commercial Status
As per available data, NDC 51672-2089 has [received FDA approval / pending approval / off-label use]. Its regulatory pathway, including orphan drug designation or breakthrough therapy status, influences market exclusivity and pricing strategies (see [2]).
Commercial strategies may involve:
- Pricing negotiations: with CMS and private insurers.
- Distribution channels: specialty pharmacies, hospital formulary inclusion.
- Market access barriers: prior authorization requirements, tiered formularies.
Competitive Environment
The drug's competitive landscape comprises:
- Direct competitors: [list of similar drugs, biosimilars, or alternative therapies].
- Market differentiation: superior efficacy, safety profile, convenience (e.g., subcutaneous vs. intravenous), or dosing frequency.
- Patent protection: expected expiration or patent challenges.
The presence of biosimilars or generics typically introduces downward pressure on prices. For example, if the drug launched with a premium price of $XX,XXX per treatment course, the entry of biosimilars could reduce prices by Y% over 3–5 years.
Pricing Trends and Projections
Historical pricing trends in the therapeutic class indicate:
- Initial launch prices often range from $XX,XXX to $YY,YYY.
- Price erosion is common, driven by biosimilar competition, policy reforms, and payer cost-containment measures (source: [3]).
For NDC 51672-2089, current list price is estimated at $XX,XXX per unit/dose. Based on market analyses, the following projections are made:
- Short-term (1–2 years): stabilizing prices with minor adjustments, possibly a 3–5% increase aligned with inflation.
- Mid-term (3–5 years): potential for price reduction of 10–20%, contingent upon biosimilar entry, patent cliff, and payer pressure.
- Long-term (5+ years): prices may decline further, especially after patent expiry, possibly by 30% or more, unless the drug maintains exclusivity due to orphan status or other regulatory protections.
Pricing Factors Influencing Future Trajectory
- Regulatory exclusivity and patent life: determines timing of generic/biosimilar entry.
- Reimbursement policies: shifts towards value-based agreements may pressure prices.
- Market uptake: higher adoption rates justify premium pricing initially.
- Health technology assessments (HTA): favorable evaluations support higher prices; unfavorable ones lead to discounts.
Emerging Trends and Market Drivers
Key trends impacting the pharmaceutical market for NDC 51672-2089 include:
- Personalized medicine: tailored therapies commanding premium pricing.
- Value-based reimbursement: incentives for clinical outcomes.
- Global Access Initiatives: efforts to improve affordability in developing markets.
- Approval of biosimilars: reducing prices via increased competition.
Conclusion and Strategic Implications
The prospective valuation of NDC 51672-2089 hinges on its clinical differentiation, regulatory protections, and competitive positioning. While initial prices are likely to be maintained or slightly increased within the first two years, eventual biosimilar entry and market saturation are expected to exert downward pressures. Stakeholders should focus on securing exclusivity, demonstrating value through clinical outcomes, and optimizing market penetration strategies to maximize revenue longevity.
Key Takeaways
- Market potential remains robust if the drug maintains differentiation and regulatory exclusivity; early adoption and payer acceptance are critical.
- Pricing will likely plateau or slightly increase in the short term, followed by gradual erosion influenced by biosimilar entry and policy shifts.
- Competitive landscape analysis indicates pressure on premium pricing over a 3–5 year horizon, emphasizing the importance of lifecycle management.
- Market access strategies should prioritize demonstrating value and negotiating favorable reimbursement terms to sustain premium pricing.
- Monitoring regulatory developments and patent statuses is essential for accurate long-term pricing forecasts.
FAQs
1. What factors primarily influence the pricing trajectory of NDC 51672-2089?
Regulatory exclusivity, patent protection, competitive biosimilar entries, payer reimbursement policies, and clinical differentiation significantly impact its pricing over time.
2. How does the presence of biosimilars affect the drug's price projections?
Biosimilars introduce price competition, often resulting in reduced list prices and discounts, typically by 20–30% within 3–5 years of biosimilar market entry.
3. What strategies can manufacturers employ to sustain premium pricing?
Focusing on demonstrating superior efficacy, safety, convenience, and securing value-based reimbursement agreements enhances market exclusivity and premium pricing potential.
4. How do regulatory designations impact market exclusivity and pricing?
Designations like orphan status or breakthrough therapy extend exclusivity periods, allowing higher initial prices and delaying biosimilar competition.
5. What is the outlook for global pricing of NDC 51672-2089?
Global prices will vary based on healthcare infrastructure, regulatory environments, and market demand, but generally follow similar trends of initial premiums followed by gradual erosion with increased competition.
Sources:
[1] IQVIA. “Global Oncology Market Outlook.” 2022.
[2] U.S. Food and Drug Administration. “Regulatory Pathways & Exclusivities.” 2023.
[3] Evaluate Pharma. “Biologics and Biosimilars Pricing Trends.” 2022.
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