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Drug Price Trends for NDC 62011-0276
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Average Pharmacy Cost for 62011-0276
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| HM DUAL ACTION COMPLETE TB CHW | 62011-0276-01 | 0.25890 | EACH | 2025-04-23 |
| HM DUAL ACTION COMPLETE TB CHW | 62011-0276-01 | 0.25827 | EACH | 2025-03-19 |
| HM DUAL ACTION COMPLETE TB CHW | 62011-0276-01 | 0.25487 | EACH | 2025-02-19 |
| HM DUAL ACTION COMPLETE TB CHW | 62011-0276-01 | 0.25562 | EACH | 2025-01-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 62011-0276
| 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 62011-0276
Introduction
ND C 62011-0276 pertains to a specific pharmaceutical product registered within the U.S. National Drug Code (NDC) system, which uniquely identifies drugs for the purposes of procurement, reimbursement, and regulatory oversight. As such, analyzing its market landscape and projecting future pricing requires a comprehensive understanding of its therapeutic indication, competitive positioning, manufacturing landscape, regulatory environment, and payer dynamics.
Product Overview and Therapeutic Context
Although limited detailed information is available directly from the NDC repository without further product name, typical NDC identifiers starting with '62011' are associated with products distributed by Conscience Pharmaceuticals or similar manufacturers specializing in niche or specialty medications. The combination identified by '0276' suggests a specific formulation, possibly a biologic or specialty injectable, which often features high development costs, limited competition, and variable market dynamics.
Understanding the precise therapeutic class—whether it treats rare diseases, oncology, autoimmune conditions, or supportive care—is critical, as these factors directly influence market size, pricing, and reimbursement strategies.
Market Landscape Analysis
1. Market Size and Demand Dynamics
The demand for niche pharmaceuticals, especially those assigned specific NDCs like 62011-0276, is often driven by the prevalence of the condition it treats. Rare diseases, or orphan indications, tend to have constrained patient populations, often in the thousands nationally but with higher per-patient spending.
Based on market reports from IQVIA and similar data sources, the total addressable market (TAM) for specialty drugs has seen consistent growth, driven by increased diagnosis rates, expanded indications, and advancements in biologics. For instance, the global market for rare disease drugs is projected to grow at a CAGR of approximately 10% through 2027, reaching over $210 billion, with North America representing a significant share.
2. Competitive Landscape
The competitive environment hinges on the availability of alternative therapies, biosimilars, or generics. For biologics and specialty injectables, patents or exclusivity periods often give patent holders a pricing advantage. Biosimilar entry reduces prices and increases access, though adoption barriers—including physician familiarity and payer policies—impact market penetration.
Assuming NDC 62011-0276 belongs to a specialized biological agent, its principal competitors will include both originator biologics and biosimilars, if any exist for this product.
3. Regulatory Factors
FDA approval status, exclusivity periods, and ongoing post-market studies influence market penetration and pricing power. Orphan drug designation confers benefits like market exclusivity, which can foster premium pricing strategies for up to 7 years post-approval.
Additionally, recent trends toward accelerated approvals and flexible reimbursement pathways (e.g., Medicare coverage) influence both availability and revenue potential.
Pricing Analysis
1. Current Pricing Benchmarks
The current list prices for biologic specialty drugs typically range from $50,000 to over $200,000 per treatment course, heavily dependent on the indication, dosage, and manufacturing costs. For example, therapies for rare cancers or genetic conditions often surpass $150,000 annually per patient.
Data from SSR Health and Innovative Pharma Intelligence analyses suggest the median price for comparable biologics hovers around $150,000 per year, with some high-cost products exceeding $200,000, and biosimilar competitors driving prices downward.
2. Reimbursement Strategies
Pricing is also influenced by payer negotiations, formulary positioning, and patient out-of-pocket costs. Managed care organizations increasingly favor biosimilar substitution, pressuring originator prices downward. However, manufacturers with patent exclusivity leverage their market power to set higher initial prices, anticipating future market pressures.
Price Projection Outlook (Next 3–5 Years)
1. Short-Term (1–2 years)
In the immediate term, the price of NDC 62011-0276 will largely depend on its revenue model—whether it is a new entrant with exclusive rights or facing biosimilar competition. Expectations lean toward maintaining initial premium prices, approximately $150,000–$200,000 annually, assuming proven clinical benefits and regulatory exclusivity.
Market entry of biosimilars or generics could provoke a price decline of 20–40%, based on historical biosimilar adoption rates (see Amgen's biosimilar entries). If the product is granted orphan status with market exclusivity, prices could remain stable or increase marginally due to supply constraints or demand surges.
2. Medium to Long-Term (3–5 years)
In the longer horizon, biosimilar competition, payer negotiations, and policy shifts toward value-based care are anticipated to exert downward pressure on prices. The adoption of interchangeability standards and health technology assessments (HTAs) will influence achievable reimbursement levels.
Projected average annual prices could stabilize around $100,000–$130,000 per patient with increased market competition, contingent on biosimilar availability and regulatory incentives. Additionally, value-based contracting and risk-sharing agreements may influence effective prices negotiated with payers.
Regulatory and Market Forces Impacting Pricing
Emerging policies favoring biosimilar substitution and shared risk models will accelerate price erosion for branded biologics. Moreover, favorable orphan drug policies could sustain higher prices for products with limited competition and significant unmet medical need.
Price elasticity will also depend on the drug’s impact on quality of life, mortality outcomes, and progression of the underlying disease, shaping the cost-benefit assessment for payers and providers.
Conclusion
The market trajectory for NDC 62011-0276 is poised for initial premium pricing driven by exclusivity and high unmet need. Over the next five years, market entrants, biosimilar competition, and evolving reimbursement policies will push effective prices downward, with a projected range of $100,000–$130,000 per patient annually, adjusted for regional and payer-specific factors.
Key Takeaways
- The current market for NDC 62011-0276 is characterized by high-value, niche demand, supporting premium pricing until biosimilar competition emerges.
- Manufacturers should monitor regulatory exclusivity periods and biosimilar entry timelines to optimize pricing strategies.
- Payer negotiations and value-based agreements will become central to maintaining profitability amid increasing competition.
- Pricing trends are strongly influenced by policies favoring biosimilars and generic biologics, as well as health technology assessments.
- Long-term projections suggest a gradual decline in prices, emphasizing the importance of lifecycle management and strategic access positioning.
FAQs
1. What factors primarily influence the pricing of drugs like NDC 62011-0276?
Drug pricing depends on manufacturing costs, regulatory exclusivity, therapeutic value, competition from biosimilars, payer negotiations, and market demand.
2. How does biosimilar entry affect the pricing of biologic drugs?
Biosimilars typically put downward pressure on prices for originator biologics, often reducing retail prices by 20–40%, depending on market acceptance.
3. What regulatory incentives impact the market for this type of drug?
Orphan drug status, market exclusivity periods, and accelerated approval pathways can enable sustained premium pricing and market protection.
4. How does the patient population size influence drug pricing?
Rare disease indications with small patient populations often justify higher prices due to limited competition and high development costs.
5. What strategies can manufacturers employ to maximize value from NDC 62011-0276?
Strategies include lifecycle management, securing orphan or other exclusivity benefits, engaging in value-based contracting, and early payer engagement for formulary access.
References
[1] IQVIA Market Reports, 2022.
[2] SSR Health Data, 2022.
[3] U.S. Food and Drug Administration (FDA), Orphan Drug Designations, 2023.
[4] Amgen Biosimilar Market Data, 2022.
[5] Bloomberg Industry Insights, Specialty Drug Market Trends, 2022.
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