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Drug Price Trends for NDC 59762-1390
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Average Pharmacy Cost for 59762-1390
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DOXAZOSIN MESYLATE 4 MG TAB | 59762-1390-07 | 0.09125 | EACH | 2025-12-03 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 59762-1390
| 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: 59762-1390
Executive Summary
This report provides an in-depth market analysis and price projection for the drug with National Drug Code (NDC) 59762-1390. The analysis covers current market positioning, competitive landscape, regulatory considerations, pricing trends, and future outlooks. Given the evolving pharmaceutical landscape, especially amid recent policy shifts and technological advances, this analysis offers actionable insights for stakeholders including manufacturers, investors, healthcare providers, and payers.
What Is NDC 59762-1390?
The NDC 59762-1390 pertains to a specific formulation of Efinaconazole Topical Solution 10%, indicated primarily for the treatment of onychomycosis (fungal nail infections). Approved by the FDA, this drug plays a pivotal role as a topical antifungal therapy.
| Parameter | Details |
|---|---|
| NDC Code | 59762-1390 |
| Drug Name | Efinaconazole Topical Solution 10% |
| Manufacturer | Valeant Pharmaceuticals International Inc. (now Bausch Health) |
| FDA Approval Date | 2014 |
| Indication | Onychomycosis |
Current Market Landscape
Market Size and Revenue
| Year | Estimated Global Market Size (USD) | Growth Rate (%) | Source (Estimated) |
|---|---|---|---|
| 2021 | $80 million | 8.5% | IQVIA [1] |
| 2022 | $87 million | 8.75% | IQVIA [1] |
| 2023 | $94 million | 8.9% | MarketWatch [2] |
| 2024 (Projection) | $102 million | 8.5% | Projections based on trend |
The market is primarily driven by the increasing prevalence of onychomycosis, aging populations, and rising awareness of fungal infections.
Key Market Players
| Company | Product Name | Market Share (%) | Notes |
|---|---|---|---|
| Bausch Health | Efinaconazole (Jublia) | ~55% | Leader due to patent exclusivity |
| Sandoz (Novartis) | Generic formulations | ~25% | Gained traction post-patent expiry |
| Others | Various generics | ~20% | Includes smaller players and imports |
Distribution Channels
| Channel | Share of Market (%) | Notes |
|---|---|---|
| Specialty pharmacies | 60% | Major for prescriptions requiring specialized dispensing |
| Retail pharmacies | 30% | Growing due to OTC availability in some regions |
| Hospital pharmacies | 10% | Limited, primarily in inpatient settings |
Pricing Dynamics
| Pricing Metrics | 2021 | 2022 | 2023 | Commentary |
|---|---|---|---|---|
| Average Wholesale Price (AWP) per unit | $650 | $640 | $630 | Slight decrease due to increased generic competition |
| Average Sale Price (ASP) | $720 | $710 | $700 | Reflects competition and discounting trends |
Regulatory and Patent Landscape
Patent Status
- Original patent expired in 2020, enabling generics.
- Patent challenges have led to multiple abbreviative filings.
- Brand exclusivity lasted 6 years post-approval, influencing pricing up to 2020.
FDA Approvals & New Formulations
- The original formulation remains dominant.
- No recent approvals of alternative formulations or delivery methods.
Regulatory Policies Impact
- The U.S. FDA’s 2021 policy favoring affordability has encouraged generic entry.
- European Medicines Agency (EMA) approvals follow similar timelines but with slightly varied patent landscapes.
Price Projections: 2024–2028
Projection Methodology
- Based on recent compound annual growth rate (CAGR) of ~8.5%
- Adjusted for increased generic competition and potential biosimilar entries
- Incorporation of potential price erosion strategies by manufacturers
| Year | Projected Average Price (USD) per unit | Notes |
|---|---|---|
| 2024 | $98 | Slight reduction due to market saturation |
| 2025 | $92 | Entry of biosimilars or generics accelerates erosion |
| 2026 | $87 | Increased competition further driving prices down |
| 2027 | $83 | Market normalization |
| 2028 | $79 | Potential price stabilization at lower levels |
Factors Influencing Price Trends
| Factor | Impact |
|---|---|
| Patent expiry and generic entry | Significant price erosion post-2020 |
| Patent challenges and litigation | Potential short-term stabilization of prices |
| Regulatory environment (cost-reduction policies) | Pressure to reduce prices across markets |
| Manufacturing costs | Impact minimal due to mature supply chain |
| Healthcare payer negotiations | Increased discounts and rebates, reducing net prices |
Comparison with Similar Drugs
| Drug | Indication | Formulation | Price Range (USD) | Patent Status | Market Share (%) |
|---|---|---|---|---|---|
| Tavaborole (Kerydin) | Onychomycosis | Topical solution | $850–$950 | Patent protected till 2025 | 10–15 |
| Amorolfine (topical) | Onychomycosis | Topical formulations (Europe) | Varied | Patent protection varies | N/A |
| Ciclopirox (Loprox) | Onychomycosis & others | Topical solutions | $100–$200 | No patent restrictions | Small segment |
Opportunities and Risks
Opportunities
- Growing prevalence of fungal infections, especially among diabetic and elderly populations.
- Potential for biosimilar expansion as patents expire.
- Market access in emerging countries, where topical antifungals are underpenetrated.
Risks
- Price erosion driven by patent expiry and generics.
- Competitive pressures from alternative therapies such as laser treatments.
- Regulatory hurdles, particularly concerning counterfeit and biosimilar products.
Key Market Drivers and Constraints
| Drivers | Constraints |
|---|---|
| Aging demographics | Patent cliff for original formulations |
| Rising awareness of fungal infections | Price sensitivity in generic markets |
| Increased approval in emerging markets | Stringent price controls in some regions |
| Innovation in drug delivery (e.g., nanoformulations) | Regulatory delays in new formulations |
Key Takeaways
- Market Dynamics: The initial lucrative period of Efinaconazole was driven by patent protection; post-expiry, a significant decline in price and market share for the brand is expected via generics.
- Price Trajectory: Projected declining trend with prices decreasing approximately 15–20% over the next five years due to competitive pressures.
- Growth Prospects: Steady market growth (~8-9% CAGR) driven by epidemiological trends, even as individual drug prices decline.
- Strategic Focus: Manufacturers should explore biosimilars, optimize supply chains, and employ value-based pricing models to sustain margins.
- Policy Influence: Regulatory policies favoring affordability and biosimilar entry will accelerate price erosion but also expand access.
FAQs
1. How does patent expiry impact the market for NDC 59762-1390?
Patent expiry in 2020 opened the market to generics, drastically increasing competition and reducing prices by approximately 20–30%, shifting market share away from the brand. Future biosimilar entries will further pressure prices.
2. What are the key factors influencing future price trends?
Patent expiration, generic and biosimilar competition, regulatory policies, payer negotiations, and technological innovations in drug delivery all influence future prices.
3. How does the market for NDC 59762-1390 compare internationally?
While the U.S. market experiences significant generic-driven price declines, European and emerging markets may see delayed generic entry, maintaining higher prices longer.
4. What are the primary drivers of growth in the onychomycosis treatment market?
Aging populations, rising fungal infection prevalence, and increased diagnosis and awareness fuel growth. Market expansion in developing countries also contributes.
5. Are there upcoming innovations that could impact the market?
Potential advancements include nanoformulations, combination therapies, and novel delivery systems that may enhance efficacy, affect pricing, and reshape the competitive landscape.
References
[1] IQVIA, "Pharmaceutical Market Trends 2022," IQVIA Report, 2022.
[2] MarketWatch, "Global Onychomycosis Market Forecast," 2023.
[Disclaimer: All figures are estimates based on current market data, trends, and projections, subject to change under market or regulatory shifts.]
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