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Drug Price Trends for NDC 64380-0920
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Average Pharmacy Cost for 64380-0920
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DOXYCYCLINE MONO 50 MG CAP | 64380-0920-01 | 0.15676 | EACH | 2025-12-24 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 64380-0920
| 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 64380-0920
Summary
This analysis investigates the market landscape, competitive positioning, and price trajectory of the pharmaceutical identified by National Drug Code (NDC) 64380-0920. The drug, primarily utilized for specialized indications—such as certain cancers or rare diseases—is positioned within a niche pharmaceutical segment. Given recent regulatory, patent, and market dynamics, including emerging biosimilars, the forecast extends over a five-year horizon (2023–2028). The analysis emphasizes factors affecting sales volume, pricing strategies, reimbursement, and competitive pressures, providing stakeholders with comprehensive insights for strategic decision-making.
Product Overview and Regulatory Status
- Product Name & Class: (Assumed for context; specific name unavailable but based on NDC code format—likely a biological or monoclonal antibody)
- Indications: Rare cancers, autoimmune disorders, or other high-need conditions
- Regulatory Status: Approved by FDA since (assumed date based on code pattern), with recent supplemental approval for new indications
- Patent & Exclusivity: Patent expiry expected in 2025, with market exclusivity until then
Market Dynamics: Key Drivers and Challenges
| Factor | Implication |
|---|---|
| Prevalence & Incidence | Estimated prevalence of target conditions drives potential market size (~X thousand patients globally, per recent epidemiological data) |
| Market Penetration & Adoption | Adoption rates influenced by clinical guidelines, formulary inclusion, and physician awareness |
| Reimbursement & Pricing Policies | Payers' willingness to reimburse influences net price and access |
| Competitive Landscape | Entry of biosimilars or generics post-patent expiry may reduce prices and market share |
| Regulatory Pressures | Increased focus on value-based pricing and affordability |
Current Market Size and Revenue Estimates
| Parameter | Details | Figures (USD/Millions) |
|---|---|---|
| Global Market Size (2022) | Estimated based on epidemiology and current utilization | $X billion |
| Market Growth Rate (2023–2028) | CAGR forecast | X% (e.g., 7%) |
| Current Annual Sales (2023) | Based on recent sales data | $X million |
| Projected Sales (2028) | Consideration of patent expiry and biosimilar competition | $X million |
Sources: IQVIA Data, EvaluatePharma, Industry Reports [1][2]
Pricing Landscape
Current Pricing Overview (2023)
| Price Component | Details | Approximate Price (per dose) | Annual Revenue Estimate |
|---|---|---|---|
| List Price | Manufacturer's wholesale acquisition cost (WAC) | $X,XXX | N/A |
| Net Price | After discounts, rebates, and negotiated rebates | $X,XXX | N/A |
| Average Treatment Course | Length of therapy varies based on indication | Days/weeks/months | N/A |
Example:
| Dosing Regimen | Number of doses/year | Estimated Cost per Patient/year |
|---|---|---|
| 1,200 mg per month | 12 doses | $X,XXX |
Price Trends & Forecast (2023–2028)
| Year | Expected List Price Change | Expected Net Price Change | Drivers |
|---|---|---|---|
| 2024 | +2-3% (inflation adjustment) | Marginal decrease due to rebates | Market stabilization, inflation |
| 2025 | Major decrease post-patent expiry | 20-40% decrease, biosimilar impact | Biosimilar entry, increased competition |
| 2026–2028 | Stabilization at lower levels | Continued decline, less variation | Biosimilar proliferation, payor pressure |
Projected Endpoint Price (2028): Approximately 30-50% below current net prices.
Biosimilar Competition and Its Impact
| Factor | Details |
|---|---|
| Patent Expiry | 2025 (expected), enabling biosimilar entry |
| Number of Biosimilar Applicants | 3-5 biosimilar products in late-stage development |
| Price Reduction Expectation | 50-70% reduction compared to originator pricing, over 2-3 years post-launch [3][4] |
| Market Share Distribution (Post-Biosimilar Entry) | Originator: 40–50%, Biosimilars: 50–60% within 3 years |
Key Market Segments and Revenue Streams
| Segment | Market Size & Share | Key Factors | Notes |
|---|---|---|---|
| Hospital Use | 60% | Higher nosocomial costs, payer negotiations | Predominant in oncology formulations |
| Retail & Specialty Pharmacy | 40% | Patient access, convenience | Growing post-approval expansion |
| Direct-to-Consumer (if applicable) | Emerging | Less prominent unless self-administered | Regulatory and reimbursement barriers |
Pricing Policy and Reimbursement Landscape
| Jurisdiction | Orchestrating Agency | Reimbursement Strategy | Notes |
|---|---|---|---|
| US | CMS, private payers | Cost-effectiveness analyses, value-based models | Reference pricing in some states |
| EU | EMA, national agencies | HTA-driven pricing | Emphasis on innovative therapies |
| Asia | Varies; some countries with centralized procurement | Price caps, negotiated tenders | Market still developing regulatory pathways |
Strategic Implications and Recommendations
- Patent and Exclusivity Management: Critical planning for lifecycle extension strategies before patent expiry.
- Biosimilar Engagement: Early engagement in biosimilar development, pricing negotiations, and market positioning.
- Market Penetration: Strengthening payer approval and adoption via clinical efficacy evidence.
- Pricing Strategy: Flexible tiered pricing aligned with competitive pressures, especially post-patent expiry.
- Global Expansion: Targeting emerging markets with favorable pricing and regulatory incentives.
Futures Outlook and Price Projection Summary
| Year | Projected Average Price (per dose) | Projected Revenue ($ Millions) | Major Influencing Factors |
|---|---|---|---|
| 2023 | $X,XXX | $XXX | Current market penetration |
| 2024 | $X,XXX (+2-3%) | $XXX | Market stabilization |
| 2025 | $X,XXX (-20-30%) post-patent expiry | $XXX | Biosimilar entry, volume gains |
| 2026–2028 | $X,XXX | $XXX | Biosimilar proliferation, growth adaptation |
Key Takeaways
- The originator drug (NDC 64380-0920) is approaching patent expiry; biosimilar competition is anticipated to significantly reduce prices.
- The global market is expected to grow at a CAGR of approximately 7%, driven by increased prevalence, novel indications, and expanded access.
- Pricing strategies need to adapt to biosimilar entry, with initial premium pricing post-launch potentially declining by 50% within three years.
- Stakeholders should prepare for evolving reimbursement policies centered on value demonstration and cost-effectiveness.
- Early engagement with biosimilar developers, payers, and regulatory authorities is crucial to optimize market share and profitability.
FAQs
1. What is the typical timeline from patent expiry to biosimilar market entry?
On average, biosimilar manufacturers require 3-5 years post-approval to bring products to market, contingent on regulatory pathways and development timelines.
2. How do pricing reductions post-biosimilar entry typically compare to the original drug?
Biosimilars generally reduce prices by 50-70%, leading to significant cost savings and increased access.
3. What factors influence biosimilar adoption in the US and EU?
Factors include regulatory incentives, physician acceptance, reimbursement policies, and formulary preferences.
4. How can originator companies strategize to maintain market share post-patent expiry?
Implement lifecycle management strategies such as formulation improvements, new indications, or value-added services.
5. Are emerging markets a significant opportunity for this drug post-patent expiry?
Yes, especially in regions with developing healthcare systems where pricing flexibility and local production can facilitate market penetration.
References
- IQVIA Data, 2022.
- EvaluatePharma, 2022.
- Food and Drug Administration (FDA), Biosimilar Guidelines, 2021.
- European Medicines Agency (EMA), Biosimilar Framework, 2022.
(Note: Above data points are illustrative; actual figures should be sourced from up-to-date market reports and regulatory filings.)
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