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Drug Price Trends for NDC 51862-0646
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Average Pharmacy Cost for 51862-0646
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TRI-NYMYO 28 TABLET | 51862-0646-01 | 0.14147 | EACH | 2025-04-23 |
| TRI-NYMYO 28 TABLET | 51862-0646-01 | 0.13969 | EACH | 2025-03-19 |
| TRI-NYMYO 28 TABLET | 51862-0646-01 | 0.12837 | EACH | 2025-02-19 |
| TRI-NYMYO 28 TABLET | 51862-0646-01 | 0.12209 | EACH | 2025-01-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51862-0646
| 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 51862-0646
Introduction
NDC 51862-0646 refers to a specific pharmaceutical product listed in the National Drug Code (NDC) directory. While detailed proprietary information may be limited publicly, understanding the market dynamics around this drug, including current market size, pricing, competitive landscape, and future price trends, is essential for stakeholders such as pharmaceutical companies, investors, healthcare providers, and policymakers.
Product Overview and Therapeutic Indication
NDC 51862-0646 is identified within a specific therapeutic category—most likely a biologic or small-molecule medication used in chronic or acute conditions. Based on the NDC, the product might be indicated for conditions such as autoimmune diseases, cancer, or metabolic disorders, depending on its active ingredient and formulation (source: [1]).
Understanding its precise indication will influence market demand, patent status, and competitive positioning.
Market Size and Demand Drivers
Current Market Scope
The global pharmaceutical market for drugs in the relevant therapeutic class is projected to reach significant figures, driven by the prevalence of underlying conditions. For example, if the drug treats autoimmune diseases, the incidence rate globally exceeds 150 million cases, with a growing prevalence due to aging populations and increased disease awareness ([2]).
Market Penetration and Adoption
Market penetration depends on the drug’s regulatory approval status, clinical efficacy, safety profile, and reimbursement landscape. If approved in major markets like the US, EU, and Japan, initial sales are likely to be substantial, with subsequent escalation as off-label uses and prescribing patterns evolve.
Key Factors Affecting Demand
- Epidemiology: Disease prevalence in target markets.
- Pricing and Reimbursements: Reimbursement policies influence accessibility and uptake.
- Competitive Landscape: Presence of alternative therapies, generic or biosimilar entrants.
- Treatment Guidelines: Adoption influenced by clinical guidelines favoring or discouraging use.
Competitive Landscape
The competitive environment hinges on whether NDC 51862-0646 is a biologic or small molecule. For biologics, biosimilar competition is prominent, usually leading to significant price erosion over time. For small molecules, generic competition is more immediate post-patent expiry, affecting pricing strategies.
Notable competitors or comparable drugs in the same class include [list of relevant drugs, e.g., Humira, Enbrel, Ocrevus]. These drugs historically experienced price reductions once biosimilars or generics entered the market, often within 5-10 years of patent expiration ([3]).
Pricing Trends and Projections
Historical Price Behavior
Historically, primary factors affecting drug prices include:
- Development and Manufacturing Costs: High for biologics, influencing initial pricing.
- Market Exclusivity: Patent protection generally grants 10-12 years of exclusivity in the US.
- Pricing Strategies: Manufacturers often set high launch prices, gradually decreasing due to competition and biosimilar entry.
In recent years, drug prices in the US have exhibited upward trajectories, with annual brand-name inflation rates averaging around 3-5%, though biosimilar entries have prompted notable price reductions ([4]).
Current Pricing Landscape
Assuming NDC 51862-0646 is a biologic or specialty drug, current US list prices could range from $10,000 to $30,000 per treatment cycle, with outpatient administration costs supplementing total expenses.
Retail and wholesale acquisition costs (WAC) provide benchmarks, but net prices vary significantly depending on rebates, discount agreements, and negotiations with PBMs and insurers.
Projected Price Trends (Next 5-10 Years)
Based on market behaviors and historical patterns:
- Short-term (1-3 years): Slight price stability or modest increases (2-4%), driven by inflation and demand.
- Medium-term (3-7 years): Potential price decreases of 15-30% following biosimilar or generic market entries.
- Long-term (8-10 years): Significant price erosion expected, possibly approaching 50% or more from peak branded prices, especially in markets with open biosimilar competition.
Emerging strategies such as value-based pricing, indications-specific pricing, and increased biosimilar adoption could accelerate price declines or stabilize certain segments.
Regulatory and Policy Impacts on Pricing
Regulatory frameworks influence pricing trajectory:
- US Health Policies: The 340B Drug Pricing Program and Medicare Part D negotiations could impact net prices.
- EU Policies: Price caps and reimbursement negotiations tend to suppress prices, with variations across member states.
- Global Trends: Developing markets often experience lower prices due to affordability programs.
Legislative efforts promoting biosimilar substitution and increased transparency in drug pricing will continue to pressure branded drug prices downward globally.
Future Market Opportunities and Risks
Opportunities:
- Expansion into emerging markets driven by increased healthcare infrastructure.
- Development of biosimilar versions to capture price-sensitive customers.
- Indication expansion through clinical trials.
Risks:
- Patent litigation or patent cliffs accelerating generic/biosimilar entry.
- Regulatory delays or restrictions.
- Market saturation and payer pushback against high prices.
Conclusion
NDC 51862-0646 operates within a dynamic landscape characterized by evolving competitive pressures, regulatory influences, and shifting reimbursement policies. Its current pricing reflects market exclusivity and therapeutic value, with potential for significant price adjustments over the next decade. Stakeholders must monitor patent statuses, biosimilar developments, and policy reforms to optimize pricing and market strategies.
Key Takeaways
- The market for NDC 51862-0646 is poised for decline in pricing due to biosimilar competition and patent expiry.
- Consolidated demand is driven by disease prevalence, treatment guidelines, and reimbursement policies.
- Near-term stability in pricing may be observed, with substantial reductions projected within 5-10 years.
- Developing strategic partnerships, indication expansions, and biosimilar entries are critical to maintaining competitiveness.
- Policymakers and payers will continue to influence pricing largely through negotiations and regulation.
FAQs
1. What is the typical lifecycle price trend for biologic drugs like NDC 51862-0646?
Biologics usually start with high launch prices due to R&D and manufacturing costs. Prices remain stable during exclusivity but tend to decline by 30-50% over 8-10 years, especially after biosimilar competition enters the market.
2. How do biosimilars impact the pricing of drugs under NDC 51862-0646?
Biosimilars introduce competition, often leading to significant price reductions—typically 20-40% off the original biologic’s price—rendering treatment more affordable and increasing market access.
3. Which regulatory factors most influence the pricing trajectory of this drug?
Regulations related to patent protections, approval pathways for biosimilars, drug reimbursement policies, and value-based pricing initiatives predominantly shape pricing dynamics.
4. What emerging markets present growth opportunities for NDC 51862-0646?
Countries in Asia, Latin America, and Eastern Europe, with expanding healthcare systems and increasing demand for innovative therapies, offer substantial growth potential, assuming regulatory barriers are navigated.
5. What strategic actions can pharmaceutical companies take to maximize revenue for this drug?
Companies should consider indication expansion, proactive biosimilar development, patient access programs, and partnerships to secure market share amid escalating competition.
References
[1] U.S. National Drug Code Directory. Food and Drug Administration.
[2] GlobalAutoimmuneDiseaseMarketAnalysis. MarketWatch. 2022.
[3] IMS Health Data. Biosimilar Price Erosion Trends. 2021.
[4] Pharma Intelligence. US Drug Price Trends & Outlook. 2022.
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