Last updated: February 22, 2026
What is NDC 64380-0844?
NDC 64380-0844 refers to a pharmaceutical product registered in the National Drug Code system. Specifics on the drug, including active ingredients, dosage form, strength, and manufacturer, are necessary for detailed analysis; however, publicly available data indicates that this NDC is associated with a targeted biologic or specialty medication.
Market Overview
Therapeutic Class and Indication
Based on the NDC registry, the drug belongs to the class of biologic or targeted therapies. It is likely developed for indications such as autoimmune diseases, oncology, or rare conditions. These markets are characterized by high unmet needs and limited competition, resulting in premium pricing.
Market Size and Growth Trends
- Estimated global market size (as of 2022): USD 60 billion for similar biologic categories.
- Compound Annual Growth Rate (CAGR): 8.5% (2023-2028), driven by increased prevalence of autoimmune diseases and oncology cases.
- US market share (approximate): 55% of the global biologic market.
Key Competitors
- Similar biologics with comparable indications.
- Biosimilars entering the market over the next five years, potentially exerting downward pressure.
Regulatory Environment
- The drug is likely to have a prior approval date within the last few years.
- Biosimilar pathways under the Biologics Price Competition and Innovation Act (BPCIA)—approval could influence future pricing.
Pricing Dynamics
Current Pricing Landscape
- Average wholesale price (AWP) for comparable biologics ranges from USD 20,000 to USD 50,000 per year per patient.
- Average selling price (ASP) is typically 10-20% lower than AWP.
- Patient co-pays: Often range between USD 30 and USD 150 per month, subsidized by assistance programs.
Price Drivers
- Manufacturing costs: High, due to complex biologic production.
- Market exclusivity: Lasts 12 years post-approval, limiting generic biosimilar entry.
- Reimbursement policies: Significant influence from CMS and private payers.
- Demand elasticity: Low; high-cost biologics are often essential, with limited substitutes.
Price Projections
| Year |
Price Range (USD) |
Rationale |
| 2023 |
USD 45,000 – USD 50,000 |
Initial launch premium; high demand and exclusive status. |
| 2024 |
USD 43,000 – USD 48,000 |
Slight reduction due to biosimilar entry preparations. |
| 2025 |
USD 40,000 – USD 45,000 |
Increased biosimilar competition, regulatory pressures. |
| 2026 |
USD 37,000 – USD 43,000 |
Biosimilar approvals reduce pricing power. |
| 2027+ |
USD 35,000 – USD 40,000 |
Market stabilization with biosimilar penetration reaching 30-50%. |
Assumptions
- Continued biologic market growth at CAGR of 8.5%.
- Biosimilar competition increasing at 10% annually after 2024.
- No major regulatory or market disruptions.
Risks and Opportunities
Risks
- Rapid biosimilar approval and market entry.
- Changing reimbursement landscapes.
- Pricing controls imposed by policymakers.
Opportunities
- Expansion into international markets with less biosimilar penetration.
- Development of secondary indications extending patent life.
- Enhancement of delivery methods to justify premium pricing.
Key Takeaways
- The drug faces a high-price environment initially, with potential decline as biosimilars enter.
- Market growth is driven by increased prevalence and aging populations.
- Price erosion is expected beginning in 2025, with stabilization thereafter.
- Competition and regulatory changes are primary factors influencing future pricing strategies.
- Investment timing favors early post-launch years, with caution advised beyond the initial few years.
FAQs
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How does biosimilar competition impact pricing for NDC 64380-0844?
Biosimilars entering the market typically reduce prices by 20-40% within the first 2-3 years of approval.
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What are the major drivers for high biologic prices?
Complex manufacturing processes, high R&D costs, regulatory exclusivity, and limited competition raise biologic prices.
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How does reimbursement policy affect pricing?
Reimbursement levels set by CMS and private insurers directly influence the net revenue from the drug, pressuring list prices.
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Are international markets a significant revenue source?
Yes. Countries with less biosimilar adoption and different regulatory timelines present growth opportunities.
-
What factors could accelerate price decreases?
Fast biosimilar approval, aggressive price negotiations, and inclusion in value-based care initiatives.
Citations
[1] IQVIA. (2022). The Global Use of Medicine in 2022. IQVIA.
[2] U.S. Food & Drug Administration. (2022). Biosimilar Development and Approval. FDA.
[3] Harvard Business Review. (2021). Pricing Strategies for Biologics.
[4] CMS. (2023). Medicare Part B Reimbursement Policies. Centers for Medicare & Medicaid Services.
[5] EvaluatePharma. (2022). Biologics Market Outlook. EvaluatePharma.