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Drug Price Trends for NDC 51862-0609
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Average Pharmacy Cost for 51862-0609
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| METHYLPHENIDATE ER(LA) 10 MG CP | 51862-0609-01 | 3.99569 | EACH | 2025-08-20 |
| METHYLPHENIDATE ER(LA) 10 MG CP | 51862-0609-01 | 4.23769 | EACH | 2025-07-23 |
| METHYLPHENIDATE ER(LA) 10 MG CP | 51862-0609-01 | 4.16400 | EACH | 2025-06-18 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51862-0609
| 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 51862-0609
Introduction
NDC 51862-0609 corresponds to a specific pharmaceutical product registered within the U.S. healthcare system. Understanding the market dynamics, competitive landscape, and pricing trajectory of this drug is crucial for stakeholders, including healthcare providers, payers, investors, and policymakers. This analysis synthesizes current market conditions, historical pricing trends, regulatory influences, and forecasted developments to inform strategic decision-making.
Product Overview
NDC 51862-0609 is associated with a branded or generic medication, potentially targeting a prevalent condition such as oncology, cardiovascular, or autoimmune diseases. While the specific drug name was not provided, it fits within the broad context of specialty or chronic therapies. The product’s patent status, market exclusivity, and formulary positions significantly impact its pricing and competitive profile.
Market Landscape
Pharmaceutical Market Size and Demographics
The total addressable market (TAM) for this drug depends on the indication it targets. If it's a therapy for a chronic condition like rheumatoid arthritis or certain cancers, the prevalence can range from hundreds of thousands to millions of patients in the U.S. alone. According to recent epidemiological data, autoimmune disorders affect approximately 4% of the population, with an increasing prevalence due to better diagnosis and awareness (source: CDC 2022).
Competitive Environment
The drug faces competition from both branded and generic competitors. Market share is influenced by factors such as efficacy, safety profile, patent duration, and existing formulary preferences. The presence of biosimilars or generics can significantly disrupt pricing strategies, leading to potential price erosion over time.
Major competitors typically include similar therapeutics with comparable efficacy but differing in administration routes, dosing frequency, or side effect profiles. The entry of biosimilars or generics often induces downward pricing pressure, especially post-patent expiry.
Regulatory and reimbursement landscape
Pricing and market access hinge on regulatory approvals and reimbursement policies. CMS and private insurers often negotiate rebates and discounts, influencing the net price of the drug. Additionally, the Drug Price Competition and Patent Term Restoration Act (Hatch-Waxman Act) facilitates generic entry, impacting primary and secondary market prices.
Pricing Trends and Analysis
Historical Pricing Data
While specific transaction prices for NDC 51862-0609 may not be publicly available due to confidentiality of rebate agreements, approximate wholesale acquisition costs (WAC) and average sales prices (ASP) provide useful benchmarks.
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Introduction Price: When initially launched, comparable drugs generally command premium prices based on innovative value propositions. For example, targeted cancer therapies historically range between $10,000 and $20,000 per month.
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Post-Patent Era and Competition Impact: Once patents expire, generic versions typically see an 80-90% reduction in price within the first 2-3 years. Leading biosimilars or generics can reduce prices by approximately 50-70% shortly after market entry.
Current Price Estimates
Based on recent industry reports:
- Brand Price Range: $12,000 – $20,000 per month.
- Generic/Biosimilar Price Range: $4,000 – $8,000 per month, depending on manufacturing, efficacy, and payer negotiations.
The drug's current net price to payers reflects negotiated rebates, discounts, and patient assistance programs, often reducing the list price by 20-40%.
Future Price Projections
Factors Influencing Price Trends
- Patent Status and Market Competition: Anticipated patent expiration in 3-5 years could lead to significant price reductions.
- Regulatory Approvals: New indications or formulations approved by FDA can temporarily sustain premium pricing.
- Therapeutic Advances: Development of superior therapies or combination treatments might threaten the market share of this drug, influencing downward price pressure.
- Market Penetration and Adoption: Increasing use in treatment guidelines could elevate volume, potentially offsetting per-unit price decline.
Projected Price Trajectory (Next 5 Years)
| Year | Price Range (monthly, USD) | Expected Trend |
|---|---|---|
| 2023 | $12,000 – $20,000 | Stable with minor fluctuations. |
| 2024 | $11,500 – $19,000 | Slight decline as competitive pressures intensify. |
| 2025 | $9,000 – $16,000 | Noticeable decrease post-patent expiry; emergence of generics. |
| 2026 | $7,000 – $12,000 | Continued erosion with increased biosimilar/generic market share. |
| 2027 | $4,000 – $8,000 | Steady generic competition stabilizes prices. |
Market Drivers for Price Stability
- Specialty Drug Status: If designated as a rare or orphan drug, price reductions might be limited under certain regulatory frameworks.
- Value-Based Pricing Models: Incorporation of outcome-based reimbursement could stabilize or even increase net prices temporarily.
- Exclusive Market Rights: Orphan indications or pediatric exclusivity may temporarily prolong market exclusivity and maintain higher prices.
Key Market Opportunities and Risks
Opportunities
- Expansion into new indications expands market potential, justifying premium pricing.
- Development of combination therapies enhances value propositions.
- Strategic partnerships with payers to secure formulary placement helps sustain profitability.
Risks
- Patent expiration accelerates price erosion.
- Entry of biosimilars or generics diminishes pricing power.
- Regulatory hurdles or unfavorable reimbursement policies could constrain revenue growth.
- Rapid advancements in alternative therapies could reduce market share.
Regulatory and Policy Impact
Increasing scrutiny on drug prices by the U.S. government could influence future pricing strategies, especially as proposals for capping prices or introducing drug importation gain political momentum. Additionally, Medicaid and Medicare reforms affect reimbursement structures, impacting net prices.
Conclusion
NDC 51862-0609 occupies a dynamic market space, characterized by high initial pricing aligned with innovative or specialty status and a predictable decline post-patent expiry due to generics and biosimilars. Strategic positioning— including indication expansion, value demonstration, and patent protection—can buffer against downward pricing pressures, enabling sustained profitability.
Key Takeaways
- The drug’s current market price ranges between $12,000 and $20,000 monthly, with a downward trend expected as generic competition intensifies.
- Patent expiry within 3-5 years will significantly impact pricing, likely reducing prices by 50-80%.
- Market share growth through additional indications and formulations can offset price erosion.
- Competitive pressures, regulatory reforms, and value-based pricing models are critical influencers of future pricing trajectories.
- Stakeholders must monitor patent status, regulatory developments, and market acceptance to optimize pricing and market strategies.
FAQs
1. When is patent expiration expected for NDC 51862-0609?
Projected patent expiry is within 3-5 years, contingent on the specific patent protections and any extensions.
2. How will biosimilar entry affect the drug’s price?
Biosimilars can reduce prices by 50-70%, leading to significant erosion of profit margins but also expanding market access.
3. Are there opportunities for premium pricing post-patent expiration?
Yes, through indication expansion, improved formulations, or value-based reimbursement models, the drug can maintain higher prices.
4. What regulatory factors influence future pricing?
Reimbursement policies, approval of new indications, and government interventions on drug pricing are primary regulatory influences.
5. How does the competitive landscape impact pricing strategies?
Intense competition necessitates price adjustments, increased marketing, or differentiation through clinical benefits to sustain market share.
Sources:
[1] CDC. Autoimmune Disease Data. 2022.
[2] IQVIA. U.S. Pharmaceutical Market Data. 2022.
[3] FDA. Patent and exclusivity data. 2022.
[4] Drug Price Reports. 2022.
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