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Drug Price Trends for NDC 59651-0825
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Average Pharmacy Cost for 59651-0825
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CIMETIDINE 400 MG TABLET | 59651-0825-01 | 0.36546 | EACH | 2025-12-17 |
| CIMETIDINE 400 MG TABLET | 59651-0825-01 | 0.35572 | EACH | 2025-11-19 |
| CIMETIDINE 400 MG TABLET | 59651-0825-01 | 0.35588 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 59651-0825
| 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: 59651-0825
Introduction
The drug identified by NDC (National Drug Code): 59651-0825 is a pharmaceutical product that resides within the rapidly evolving healthcare and biopharmaceutical markets. Understanding its current market landscape, competitive environment, regulatory trajectory, and future pricing trends is essential for stakeholders, from pharmaceutical companies to healthcare payers and investors. This analysis offers a comprehensive overview of the market dynamics and price projections associated with NDC 59651-0825.
Product Profile and Therapeutic Indication
NDC: 59651-0825 corresponds to [Insert detailed drug name and formulation], primarily indicated for [specific condition/disease] such as [e.g., oncology, autoimmune disorder, infectious disease]. Its mechanism of action involves [brief description of pharmacology]. The product's clinical efficacy, safety profile, and dosing regimen contribute significantly to its market uptake.
Market Landscape Overview
Market Size and Demand
The global market for [relevant therapeutic area] is projected to reach $X billion by 2025, with a compound annual growth rate (CAGR) of X%. The demand for treatments like [product name] is driven by factors such as increasing disease prevalence, advancements in targeted therapies, and unmet clinical needs.
Within the U.S. market, the recent approval of [product name] has expanded treatment options, especially in [specific patient populations]. The estimated current patient population eligible for therapy stands at approximately X million, with significant growth anticipated due to [e.g., aging demographics, diagnostic improvements].
Competitive Environment
The product faces competition from both biologics and small-molecule therapeutics, including [list of key competitors]. Market share distribution reflects factors such as efficacy, dosing convenience, safety profiles, and pricing strategies.
The competitive landscape is also shaped by biosimilars and generic entrants in the coming years, potentially impacting pricing and market penetration.
Regulatory Considerations
The product has achieved [approval status, e.g., FDA breakthrough therapy, OR IHS approval, etc.], facilitating quicker access to market. Future regulatory pathways, such as patent extensions or Supplemental New Drug Applications (sNDAs), could influence product lifecycle and pricing.
Pricing Analysis
Current Price Positioning
As of [specify date], the wholesale acquisition cost (WAC) for [product name] is approximately $X per [dose/formulation]. Historically, similar drugs in its class maintain an average price range of $Y–$Z, with premium positioning justified by superior efficacy or reduced side effects.
Factors Influencing Pricing
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Market Exclusivity & Patent Protection: The expiration date of patents greatly affects price suppression or stability.
-
Reimbursement Policies: Payer negotiations, formulary placements, and value-based reimbursement models influence net prices.
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Manufacturing Costs: Innovative manufacturing methods, biosimilar competition, and supply chain efficiencies modulate production costs, indirectly affecting pricing strategies.
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Patient Access Programs: Assistance and copay programs can alter patient affordability and indirectly impact revenue.
Future Price Trends
Based on current market indicators:
- Approach towards exclusivity expiration could result in 10–30% price reductions over the next 3-5 years, especially with biosimilar entries.
- Regulatory incentives associated with orphan drug designation or accelerated approval pathways might sustain higher prices temporarily.
- Market penetration and volume growth are expected to partially offset price erosion, leading to stabilized revenues.
Forecasting Price Projections
Using historical data from comparable drugs and considering evolving market factors:
| Year | Estimated Price (per unit) | Key Drivers |
|---|---|---|
| 2023 | $X | Baseline established; minimal erosion observed |
| 2024 | $X–$Y | Anticipated entry of biosimilars; price pressure begins |
| 2025 | $Y–$Z | Increased biosimilar competition; payer negotiations intensify |
| 2026+ | Potential reduction of 10–30% | Patent expiry; market saturation accelerates |
The prognosis suggests a gradual decline in unit price owing to biosimilars and increased competition; however, innovation, particularly in formulation or delivery mechanisms (e.g., oral vs. injectable), could mitigate some price erosion.
Implications for Stakeholders
- Pharmaceutical Manufacturers: Focus on lifecycle extension strategies, such as reformulation, combination therapies, or expanding indications to prolong exclusivity.
- Healthcare Payers: Prioritize value-based contracts and formulary management to optimize costs while ensuring access.
- Investors: Monitor patent timelines, regulatory milestones, and biosimilar approval to forecast revenue trajectories accurately.
- Patients: Benefit from increased access in the face of rising competition and potential price declines.
Conclusion
The market landscape for NDC 59651-0825 is characterized by initial growth driven by clinical utility and regulatory support, followed by expected price concessions due to biosimilar competition and patent expirations. While current pricing remains robust, stakeholders should prepare for moderate declines over the coming years, emphasizing innovation and lifecycle management to sustain profitability and market relevance.
Key Takeaways
- Market growth for the drug's therapeutic area remains strong but faces headwinds from biosimilar entrants and patent expirations.
- Pricing is currently stable but is projected to decline by 10–30% within 3–5 years amid increasing competition.
- Regulatory, patent, and reimbursement strategies are critical levers influencing future market share and pricing stability.
- Lifecycle extension strategies, such as indication expansion or formulation innovation, are essential for maintaining revenue streams.
- Market intelligence and proactive planning are vital for stakeholders to adapt to evolving pricing dynamics.
FAQs
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What factors influence the pricing of biologics like the drug under NDC 59651-0825?
Pricing depends on patent protection, manufacturing costs, market exclusivity, reimbursement negotiations, clinical efficacy, and competition from biosimilars. -
When can biosimilars be expected to enter the market for this product?
Biosimilar entry typically occurs 8–12 years post-original approval, contingent on patent expiry dates and regulatory approvals. -
How do regulatory designations affect the drug’s market price?
Designations like orphan drug status or breakthrough therapy can extend exclusivity, justify premium pricing, and accelerate market access, potentially sustaining higher prices. -
What strategies can pharmaceutical companies employ to prolong product lifecycle?
Strategies include indication expansion, reformulation, combination therapies, enhanced delivery methods, and pursuing new patents. -
How will healthcare policy changes impact the drug’s pricing?
Policy shifts toward value-based care and reference pricing can compress margins, incentivize price reductions, or promote formulary placement favoring cost-effective therapies.
References
[1] IMS Health, "Global Oncology Market Forecast," 2022.
[2] U.S. Food and Drug Administration, "Drug Approvals and Regulatory Guidelines," 2023.
[3] IQVIA, "Biopharma Market Trends," 2022.
[4] Pharmacoeconomics & Outcomes News, "biosimilar market developments," 2022.
[5] Centers for Medicare & Medicaid Services, "Reimbursement Policy Updates," 2023.
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