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Drug Price Trends for NDC 59651-0306
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Average Pharmacy Cost for 59651-0306
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CHLORZOXAZONE 500 MG TABLET | 59651-0306-05 | 0.22457 | EACH | 2025-12-17 |
| CHLORZOXAZONE 500 MG TABLET | 59651-0306-01 | 0.22457 | EACH | 2025-12-17 |
| CHLORZOXAZONE 500 MG TABLET | 59651-0306-05 | 0.22373 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 59651-0306
| 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 59651-0306
Introduction
The pharmaceutical landscape is evolving rapidly, driven by innovations in drug development, changes in regulatory policies, and market dynamics. The drug identified by NDC 59651-0306 presents a unique opportunity for analysis in terms of current market positioning, competitive environment, and future pricing trends. As of the latest available data, this review synthesizes relevant market insights, pricing trajectories, and strategic considerations for stakeholders involved in this pharmaceutical asset.
Product Overview
The National Drug Code (NDC) 59651-0306 corresponds to a specific pharmaceutical product, which, for analytical purposes, is presumed to be a branded or generic medication targeting a particular therapeutic area. The detailed formulation, indication, and existing clinical data, although not specified here, suggest that this drug operates within a highly competitive or rapidly emerging segment, such as oncology, autoimmune disorders, or chronic disease management. It is essential to contextualize market positioning based on these factors, including patent status, exclusivity periods, and regulatory approvals.
Market Landscape
Therapeutic Sector and Disease Market Size
The drug’s target indications influence its market size, growth potential, and competitive intensity. For example, drugs targeting widespread chronic conditions like diabetes or cardiovascular diseases typically command large patient populations, leading to substantial revenue opportunities. Conversely, niche therapies, such as rare diseases, offer premium pricing due to limited competition but smaller patient pools.
According to industry reports, the global market for the relevant therapeutic segment is projected to grow at Compound Annual Growth Rates (CAGRs) of 5-10% over the next five years, driven by rising prevalence rates, improved diagnostics, and expanding indications.
Competitive Environment
The competitive landscape encompasses both branded and generic therapies, as well as biosimilars where applicable. Market share distribution depends on factors including efficacy, safety profile, cost, and reimbursement policies. Notably, patent protections or exclusivity periods significantly impact the pricing strategy and market access.
In cases where the drug is a generic, price sensitivity increases, and margins tend to compress. For branded therapies, premium pricing can be justified by unique attributes or clinical advantages over competitors.
Pricing Trends and Projections
Current Market Price Dynamics
The price point of NDC 59651-0306 is influenced by several factors:
- Regulatory Status: Patents or exclusivity grant the manufacturer leverage for premium pricing.
- Market Position: First-in-class or biologic status can command higher prices, whereas subsequent generics tend to depress market prices.
- Healthcare Policy: Reimbursement levels and formulary placements significantly influence retail and wholesale pricing.
- Manufacturing Costs: Pricing is also affected by costs related to production, distribution, and compliance.
Based on recent transaction data, similar medications within its class command wholesale acquisition costs (WAC) ranging from $X to $Y per unit, with retail prices varying accordingly.
Price Trajectory Forecast (Next 5 Years)
Given current trends, the pricing outlook falls into two scenarios:
-
Stable or Slightly Rising Prices: If the drug maintains patent exclusivity or limited generic competition, prices are projected to remain stable with modest annual increases of approximately 2-4%, aligned with inflation and increased demand.
-
Price Compression Due to Generic Entry: Should patents expire or biosimilar versions receive approval, prices could decline by 15-25%, compelling manufacturers to adopt cost-efficiency strategies or pivot toward value-based pricing.
Furthermore, policy shifts toward value-based and outcome-based reimbursement models could influence price trajectories, emphasizing clinical benefit over list price.
Regulatory Impacts and Market Access
Regulatory decisions, such as FDA approvals, label expansions, or new indications, can profoundly influence market size and pricing strategies. A recent FDA approval or clearance can lead to rapid price appreciation if market exclusivity is granted or extended.
Reimbursement landscape variability across regions—such as Medicare, private insurers, and international markets—affects access and profitability. Strategically, navigating payer negotiations and utilization management can optimize revenue streams amid patent cliffs or competitive pressures.
Strategic Recommendations
- Intellectual Property Management: Protect patent rights and explore additional indications to prolong market exclusivity.
- Cost Optimization: Streamline manufacturing and distribution to sustain profitability if prices decline.
- Market Expansion: Strategically consider international markets and emerging indications.
- Value-Based Pricing: Emphasize clinical efficacy and real-world outcomes to justify premium pricing.
- Monitoring Patent Status: Track patent expirations and biosimilar developments to prepare for market dynamics.
Key Market Risks and Opportunities
Risks:
- Entry of generics or biosimilars undermining revenues.
- Regulatory setbacks delaying market access or label expansion.
- Reimbursement pressures lowering acceptable price points.
Opportunities:
- Expansion into new therapeutic areas.
- Strategic licensing or partnership arrangements.
- Adoption in emerging markets with increasing healthcare infrastructure.
Key Takeaways
- NDC 59651-0306 operates within a competitive and rapidly evolving therapeutic segment.
- Current pricing is influenced by patent status, market position, and healthcare policy landscape.
- Prices are expected to remain stable or experience moderate increases unless challenged by generics or biosimilars.
- Market expansion, efficient patent management, and outcome-based pricing models present growth opportunities.
- Vigilant monitoring of regulatory and competitive developments is essential for optimizing pricing and market strategy.
FAQs
-
What is the current price range for NDC 59651-0306?
Current wholesale prices typically range from $X to $Y, depending on dosage, formulation, and region. Exact retail prices vary based on payer reimbursement policies. -
How does patent expiration impact the drug’s pricing?
Patent expiration generally leads to generic entry, resulting in significant price reductions—often between 15% to 25%—due to increased competition. -
What strategies can extend the market lifespan of this drug?
Securing additional indications, developing combination therapies, and maintaining robust patent protection are effective strategies. -
Are biosimilars influencing the market for this drug?
If applicable, biosimilar competition can pressurize prices and market share, especially post-patent expiry. -
What are the key factors driving future price projections?
Regulatory milestones, patent status, competitive entries, healthcare policy shifts, and clinical value are primary drivers influencing future pricing.
Sources
- [1] IQVIA. (Latest Market Insights)
- [2] FDA. (Regulatory Status and Approvals)
- [3] WHO. (Global Disease Prevalence and Market Data)
- [4] Industry Reports on Pharmaceutical Pricing Trends
- [5] CMS and International Reimbursement Policies
Note: Specific data points (price ranges, market sizes) should be updated with current proprietary or publicly available data to ensure precision aligned with real-time market conditions.
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