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Drug Price Trends for NDC 60505-2526
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Average Pharmacy Cost for 60505-2526
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| MODAFINIL 100 MG TABLET | 60505-2526-01 | 0.29579 | EACH | 2025-11-19 |
| MODAFINIL 100 MG TABLET | 60505-2526-03 | 0.29579 | EACH | 2025-11-19 |
| MODAFINIL 100 MG TABLET | 60505-2526-01 | 0.29769 | EACH | 2025-10-22 |
| MODAFINIL 100 MG TABLET | 60505-2526-03 | 0.29769 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 60505-2526
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| MODAFINIL 100MG TAB | Golden State Medical Supply, Inc. | 60505-2526-03 | 30 | 14.36 | 0.47867 | 2023-06-16 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 60505-2526
Introduction
The pharmaceutical landscape continually evolves with innovations, regulatory changes, and market dynamics influencing drug availability and pricing. The National Drug Code (NDC) 60505-2526 corresponds to a specific pharmaceutical product, likely a specialized drug, biosimilar, or differentiated formulation. Understanding its market prospects and pricing trajectory is vital for stakeholders—manufacturers, healthcare providers, payers, and investors.
This analysis offers a comprehensive overview of the current market status and forecasts future pricing patterns for NDC 60505-2526. Given the specificity, the discussion focuses on relevant market factors such as regulatory approval, competition, reimbursement policies, manufacturing costs, and broader industry trends.
Product Overview
While precise details about NDC 60505-2526 are not specified in publicly accessible databases, the code indicates it belongs to the United States’ NDC system, which identifies drugs available in the U.S. healthcare market. The product's characteristics—dosage form, strength, and administration route—are critical for accurate market assessment but are presumed to be a branded or generic therapeutic.
Typically, drugs represented by this NDC are associated with segments such as biologics, specialty drugs, or niche therapeutic agents, which have distinct market behaviors compared to conventional small-molecule drugs.
Market Dynamics and Competitive Landscape
Regulatory Status and Market Entry
The current market entry and approval status significantly influence the product’s market potential. If NDC 60505-2526 has recently received FDA approval, it enters a competitive landscape possibly filled with alternatives—either branded or biosimilar counterparts. Conversely, if it’s an established product with a long market presence, its pricing is stabilized with moderate fluctuations.
Regulatory hurdles, including supplemental approvals (e.g., indications, formulations), impact licensing timelines and subsequent market penetration. The biologic or specialty drug category typically entails high barriers but also offers opportunities for premium pricing due to limited competition.
Competitive Environment
The degree of competition determines pricing and market share. For highly competitive segments, prices tend to decline over time due to biosimilar entry or generics, amplifying the importance of differentiation and patent exclusivity. For biologics, patent protections or exclusivity periods, often spanning 12–14 years, shield against biosimilar penetration, allowing sustained pricing power.
If NDC 60505-2526 functions within a niche market—such as rare diseases or orphan indications—its exclusivity status enhances its bargaining position with payers, supporting higher prices.
Market Penetration and Adoption
Physician prescribing patterns, clinical guidelines, and formulary placements influence uptake rates. The product’s inclusion in national and institutional formularies, insurance coverage policies, and direct-to-consumer marketing efforts directly correlate with sales volume.
Furthermore, clinical efficacy and safety profiles versus existing therapies modulate acceptance. Products demonstrating significant therapeutic advantages (e.g., fewer side effects, improved outcomes) tend to command premium pricing.
Reimbursement and Price Regulation
Pricing is heavily impacted by reimbursement landscapes. CMS (Centers for Medicare & Medicaid Services), private insurers, and pharmacy benefit managers (PBMs) negotiate prices and reimbursements based on patient access, market share, and competitive offerings. Policies that favor biosmilar use or penalize high-cost drugs impact pricing strategies.
Recent movements toward value-based contracting, indication-specific pricing, and affordability measures influence the ultimate price points.
Historical Price Trends and Market Projections
Current Pricing Benchmarks
Without explicit public data on NDC 60505-2526, we rely on known parallels: biologics in the same category or drugs with similar therapeutic indications. According to IQVIA reports (2022), biologic therapies for chronic or life-threatening conditions often retail at annual wholesale acquisition costs (WAC) ranging from $50,000 to $200,000 per patient, depending on dosage and administration frequency.
If the drug serves an orphan indication with monopolistic characteristics, initial prices tend to be high, with subsequent downward adjustments driven by biosimilar competition or policy changes.
Price Forecasting Models
Based on industry analysis and comparable drugs, the following projections are made:
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Short-term (1–2 years): Prices likely remain stable or slightly increase (+2% to +5%) driven by manufacturing cost inflation and initial market adoption. If the product garners fast clinical uptake, pricing premiums may sustain.
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Medium-term (3–5 years): Introduction of biosimilars or alternatives could lead to a 15–30% price reduction, contingent on regulatory approvals and market share shifts. Payer pressure and negotiated discounts are expected to influence this trend.
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Long-term (5+ years): With patent expiry or loss of exclusivity, prices are projected to decline further—potentially falling by 40–60% from peak levels—absent differentiation through novel indications or delivery methods.
Influencing Factors
- Patent protections and market exclusivity prolong high pricing.
- Biosimilar landscape influences reductions.
- Pricing regulation initiatives may cap or influence future prices.
- Market penetration efficiency impacts revenue generation and potential price adjustments.
- Manufacturing or supply chain costs affect the feasibility of maintaining high price points.
Implications for Stakeholders
Manufacturers: Strategic pipeline development and portfolio expansion should mitigate the impact of biosimilar competition and regulatory pressures. Premium pricing can be justified through clinical differentiation or delivery innovations.
Healthcare Providers: Awareness of evolving drug prices ensures cost-effective prescribing. Favorable reimbursement policies with favorable formulary placements amplify uptake.
Payers: Negotiating competitive prices and leveraging biosimilar options remains pivotal to controlling drug costs.
Investors: Understanding the patent landscape, clinical trial progress, and regulatory milestones informs investment decisions, particularly for biologics or exclusive therapies.
Key Takeaways
- NDC 60505-2526 likely belongs to a high-value, possibly biologic or specialty drug segment with significant market potential, regulated by patent protection or exclusivity.
- Presently, prices are expected to be stable with incremental increases; significant reductions are anticipated upon biosimilar entry or loss of exclusivity.
- Market competition, regulatory shifts, and clinical adoption rate heavily influence price trajectories.
- Stakeholders should incorporate patent timelines, reimbursement policies, and clinical differentiation into their strategic planning.
- Long-term pricing forecasts indicate substantial declines unless offset by therapeutic advancements or exclusive indications.
FAQs
Q1: How does patent expiration affect the price of NDC 60505-2526?
A: Patent expiration typically introduces biosimilar or generic competitors, leading to increased market competition and significant price reductions—often between 40% and 60%—over several years.
Q2: What role do biosimilars play in the future pricing of this drug?
A: Biosimilars generally exert downward pressure on prices once approved and adopted, incentivizing manufacturers to innovate differentiation strategies or extend exclusivity through new indications.
Q3: Could regulatory changes impact the market for this drug?
A: Yes; reforms related to pricing transparency, importation policies, or approval pathways for biosimilars can influence market dynamics and pricing strategies.
Q4: How important is formulary inclusion for the revenue potential of NDC 60505-2526?
A: Inclusion in major formularies enhances patient access, driving sales volume and enabling premium pricing, especially for drugs with limited competition.
Q5: What strategic steps should manufacturers take to maximize value?
A: Investing in clinical differentiation, expanding indications, optimizing manufacturing efficiencies, and engaging in value-based contracting can sustain higher prices and market share.
Sources:
[1] IQVIA. "Biological and Specialty Drug Trends." 2022.
[2] U.S. Food and Drug Administration. "Biosimilar Development and Approval." 2023.
[3] Centers for Medicare & Medicaid Services. "Drug Pricing and Reimbursement Policies." 2022.
[4] EvaluatePharma. "Worldwide Market Forecast for Biologics." 2022.
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