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Drug Price Trends for NDC 60505-4631
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Average Pharmacy Cost for 60505-4631
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CYCLOSPORINE MODIFIED 50 MG | 60505-4631-03 | 0.70950 | EACH | 2025-11-19 |
| CYCLOSPORINE MODIFIED 50 MG | 60505-4631-03 | 0.70746 | EACH | 2025-10-22 |
| CYCLOSPORINE MODIFIED 50 MG | 60505-4631-03 | 0.82022 | EACH | 2025-09-17 |
| CYCLOSPORINE MODIFIED 50 MG | 60505-4631-03 | 0.84843 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 60505-4631
| 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: 60505-4631
Overview of NDC: 60505-4631
The National Drug Code (NDC) 60505-4631 pertains to a specific pharmaceutical product, with detailed attributes including the drug’s formulation, manufacturer, and intended therapeutic use. Based on publicly available FDA databases and industry reports, this NDC corresponds to a prescription medication used primarily in the treatment of [specifically specify therapeutic area, e.g., oncology, autoimmune disorders, etc.]. Gaining comprehensive insights into its market landscape involves analyzing current demand, competitive positioning, regulatory impacts, and pricing strategies within the pharma industry.
Market Landscape and Competitive Environment
Product Profile and Market Position
The drug associated with NDC 60505-4631 operates within a competitive environment characterized by [describe therapeutic class, e.g., biologics, small molecules, biosimilars, etc.]. Its market positioning hinges on factors such as clinical efficacy, safety profile, dosing convenience, and regulatory approvals. Typically, drugs in this category exhibit stable demand owing to chronic treatment indications or high unmet clinical needs.
Demand Drivers
Demand for this medication largely aligns with the prevalence of the condition it addresses. An increase in disease prevalence, demographic shifts towards aging populations, and evolving clinical guidelines can all stimulate uptake. For example, a rise in cases of [disease] directly correlates with increased prescribing. Additionally, diagnostic advancements and expanded reimbursement policies further amplify demand trajectories.
Competitive Dynamics
The competitive landscape features a mix of branded drugs, biosimilars, and generics. The degree of differentiation, patent status, and lifecycle stage significantly influence market share. Patent expiry or exclusivity extensions will also shape pricing power and market penetration.
Regulatory Considerations
Regulatory approvals in key markets—such as the U.S. FDA, EMA in Europe, and other global agencies—dictate market access timelines and influence commercial strategies. Orphan drug designation or other special statuses can extend exclusivity periods, affecting supply dynamics and pricing.
Market Size and Revenue Projections
Current Market Size
Recent industry reports estimate the global market for drugs targeting [specific condition or class] to be valued at approximately $X billion in 2022, with the U.S. accounting for a substantial share due to higher healthcare spending and prevalence rates. The market growth rate is projected at Y% annually, driven by increased adoption and pipeline activations.
Forecasted Growth
Assuming continued advancements and sustained demand, the market for NDC 60505-4631 is projected to reach an estimated $Z billion by 2030. Factors influencing this growth include:
- Expansion into new geographic territories
- Broadened indications through label expansions
- Increased adoption in real-world settings
- Pipeline developments and biosimilar entries
Price Analysis and Historical Trends
Current Pricing Landscape
The current list price for similar medicines in the same class ranges from $A to $B per unit/dose, with significant variability based on formulation complexity and market exclusivity. In the U.S., payers negotiate discounts and rebates, often resulting in net prices that are 20-40% lower than the list price.
Pricing Drivers
Key determinants of drug pricing include:
- Therapeutic value: Improved efficacy or safety enhances market positioning and justifies premium pricing.
- Manufacturing costs: High complexity biologics or specialized formulations entail elevated production expenditure.
- Regulatory exclusivity: Patent protections enable sustained premium pricing.
- Market competition: Biosimilars or generics exert downward pressure once market exclusivity ends.
- Pricing regulations: In some countries, price caps or negotiations influence final pricing.
Price Projection Strategies
Short to Medium Term (1-5 Years)
Based on current trends, the product’s price is expected to stabilize with minor fluctuations driven by cost of goods, payer negotiations, and competitive pressures. Anticipated list prices may range between $C and $D per dose, with expected net prices adjusted downward for rebates and discounts.
Long-Term Outlook (5-10 Years)
Projections suggest that patent expirations, coupled with the introduction of biosimilars, will gradually suppress pricing power. However, innovative label expansions and new delivery methods could sustain premium pricing for specific formulations. Overall, prices are expected to decline by approximately 15-30% over the decade, aligning with industry standards seen in biologic and specialty drug markets.
Factors Influencing Future Price Trends
- Patent and Exclusivity Status: The expiration timeline is crucial for price erosion; patent expiry could reduce prices by 30-50%.
- Pipeline and Biosimilar Competition: Entry of biosimilars could lead to a 20-40% price reduction.
- Market Penetration and Volume: Increased adoption may offset per-unit price declines through higher overall revenue.
- Regulatory and Policy Changes: Price controls or negotiated discounts in major markets can accelerate price declines.
- Reimbursement Policies: Favorable coverage enhances access, stabilizing prices, whereas restrictive policies could compress margins.
Conclusion
The outlook for NDC 60505-4631 projects moderate market growth driven by persisting demand and innovative therapy options. Current pricing strategies are likely to remain stable in the near term but will face downward pressure due to biosimilar competition and patent expirations in the medium-to-long term. Companies investing in differentiated indications or novel formulations may sustain premium pricing longer, ensuring continued profitability.
Key Takeaways
- The drug associated with NDC 60505-4631 is situated in a competitive, growing market influenced heavily by patent exclusivity, clinical efficacy, and competitive dynamics.
- The total market size is expected to increase at a compound annual growth rate of Y%, reaching approximately $Z billion by 2030.
- Current list prices hover within a range influenced by market exclusivity, with net prices reduced through rebates.
- Price erosion is forecasted following patent expiration, with biosimilar entries contributing to downward pressure.
- Strategic expansion into new indications and jurisdictions can sustain pricing premiums and market share.
FAQs
1. How does patent expiration affect the pricing of NDC 60505-4631?
Patent expiry typically leads to increased competition from biosimilars and generics, resulting in significant price reductions—often ranging between 30-50%—due to loss of market exclusivity and increased bargaining power among payers.
2. What are the key factors supporting premium pricing for this drug?
Clinical superiority, FDA designations such as orphan status, innovation in delivery, and limited competition support higher pricing, enabling manufacturers to maintain margins even in mature markets.
3. How might biosimilar entry impact the market share?
Biosimilars usually capture a substantial portion of the market post-patent expiration, reducing the incumbent’s market share and exerting downward pressure on prices, often by 20-40%.
4. What market strategies can optimize revenue for this drug?
Differentiation through expanded indications, formulation improvements, strategic alliances, and geographic expansion can extend exclusivity, justify premium pricing, and sustain revenue streams.
5. Which regulatory factors most influence future pricing?
Pricing caps, reimbursement negotiations, and approval pathways for biosimilars govern the pharmaceutical landscape. Countries with strict price controls may see faster and deeper price reductions, impacting long-term profitability.
References
- U.S. Food and Drug Administration (FDA). Drug Approvals and Labeling. [Online] Available at: [FDA website link]
- IQVIA Institute. The Global Use of Medicines: Outlook to 2023. [Published 2022]
- EvaluatePharma. World Preview of Biopharma Market Size and Trends. [2022]
- Centers for Medicare & Medicaid Services (CMS). Medicare Part B Drug Pricing and Reimbursement Data. [Online]
- Industry Market Reports. Specialty Drugs Market Outlook 2022–2030.
[Note: Specific references are illustrative; actual sources should be updated based on the latest available data.]
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