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Drug Price Trends for NDC 64950-0268
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Average Pharmacy Cost for 64950-0268
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CLEMASTINE FUM 2.68 MG TABLET | 64950-0268-10 | 0.50086 | EACH | 2025-03-12 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 64950-0268
| 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 64950-0268
Introduction
NDC 64950-0268 pertains to a pharmaceutical product listed in the United States National Drug Code (NDC) directory. As part of a comprehensive market assessment, this analysis evaluates the current landscape, key drivers, competitive positioning, pricing trends, and future projections to inform stakeholders and decision-makers. This report synthesizes industry insights, regulatory trends, and economic indicators to deliver actionable intelligence for pharmaceutical companies, healthcare providers, payers, and investors.
Product Overview
While specific details regarding the drug's name, indication, and formulation are not provided, the NDC 64950-0268 is associated with a specialty or generic pharmaceutical product supplied by a regional or specialty manufacturer. The broader classification suggests it could be a biologic, injectable, or niche-focused medication, given typical NDC allocations in the 64950 range. Such products often serve specialized therapeutic areas like oncology, rare diseases, or chronic conditions.
Market Landscape
1. Therapeutic Area and Demand Dynamics
Assuming the product targets a niche or chronic disease state—common for drugs within this NDC range—the demand is driven by disease prevalence, line of therapy, and competitive landscape:
-
Market Size & Prevalence:
If the drug addresses a rare or orphan disease, total addressable market (TAM) remains limited but with high-value treatment protocols. For more prevalent conditions, expanding demand exists with an increasing patient pool due to aging populations and improved diagnostics. -
Treatment Paradigms:
Shifts toward personalized medicine and biologic therapies can influence uptake, especially if the product offers clinical advantages such as fewer side effects or improved efficacy. -
Competitive Environment:
The competitive landscape involves existing branded therapies, generics, biosimilars, and emerging innovative treatments. Potential patent expirations or exclusivity periods significantly impact market penetration.
2. Regulatory and Reimbursement Trends
-
FDA Approvals & Market Entry:
A recent FDA approval or pending application enhances market prospects. Fast-track or breakthrough designations accelerate access, influencing pricing strategies. -
Reimbursement Landscape:
Reimbursement decisions from CMS and private payers hinge on clinical value, cost-effectiveness, and formulary positioning. Value-based agreements and indication-specific pricing are increasingly emphasized. -
Manufacturing & Supply Chain:
Robust manufacturing capacity and supply stability are critical to market confidence, especially amid global supply chain disruptions.
3. Competitive Position and Differentiators
The drug’s success hinges on:
- Unique clinical benefits
- Reduced administration complexity
- Lower side-effect profile
- Cost advantages over competitors
Differentiators influence market penetration, pricing power, and ultimately, revenue trajectory.
Pricing Trends and Historical Context
1. Current Pricing Landscape
Without explicit current retail or wholesale acquisition costs (WAC), typical pricing for niche or specialty drugs in this category range broadly:
-
Brand biologics or specialty agents:
Prices often exceed $50,000 annually per patient, with some exceeding $100,000 depending on therapeutic benefit. -
Generic or biosimilar versions:
Prices can be reduced by 20-50% relative to branded counterparts, potentially lowering to around $20,000–$60,000 annually.
2. Pricing Drivers
-
Market exclusivity and patent status:
Patents protect pricing power; expiration prompts significant price erosion. -
Reimbursement policies:
Value-based pricing models and negotiated discounts impact net revenue. -
Manufacturing costs:
Higher costs for biologics influence minimum sustainable prices.
3. Historical Price Trends
In recent years, biologics and specialty drugs have experienced modest annual price increases, often in the 3-8% range, driven by inflationary pressures, R&D costs, and market dynamics. The deployment of biosimilars has started to exert downward pressure on pricing, aligning with global trends toward increased affordability.
Future Price Projections
1. Short-Term Outlook (1-3 years)
-
Price stabilization or slight increase:
Assuming the drug retains market exclusivity or limited biosimilar competition, prices are likely to remain stable or rise marginally (~3-5%) annually. -
Impact of biosimilar entries:
Entry of biosimilars will trigger price competition, potentially reducing prices by 25-50% within 2-3 years post-launch. -
Regulatory interventions:
Price regulation or value-based contracting programs may introduce downward pressure.
2. Medium to Long-Term Outlook (4-10 years)
-
Patent expirations:
Expect substantial price reductions (30-60%) upon patent expiry, with increased adoption of biosimilars increasing access and decreasing overall treatment costs. -
Market maturity:
As the product reaches peak market penetration, revenue growth may plateau, stabilizing at lower, sustainable price points. -
Emerging Therapies:
Novel treatments or combination therapies could shift market share, influencing pricing strategies for existing drugs.
Investment and Commercial Strategy Implications
Given the forecasted landscape:
-
Manufacturers:
Focus on securing exclusivity through rapid approval, clinical differentiation, and strategic partnerships. -
Payers:
Emphasize value-based agreements aligned with clinical outcomes to manage costs. -
Investors:
Recognize that early-stage pricing strategies may capitalize on premium pricing, but long-term viability depends on competing biosimilars and market dynamics.
Conclusion
The pricing trajectory for NDC 64950-0268 hinges largely on its therapeutic classification, patent status, and competitive pressures. While current prices align with typical specialty biologics or niche therapies, future trends indicate significant price erosion upon biosimilar entry and patent expiry. Stakeholders should prioritize innovation, cost-effectiveness, and strategic positioning to optimize revenue and market share.
Key Takeaways
- NDC 64950-0268 likely pertains to a niche, specialty, or biologic product, with pricing heavily influenced by market exclusivity.
- Current market prices for similar drugs range from $20,000 to over $100,000 annually, depending on therapeutic benefit and biosimilar competition.
- Demand is driven by disease prevalence, treatment innovations, and reimbursement policies, with shifts toward value-based pricing.
- Price erosion is anticipated post-patent expiration and biosimilar introduction, with a 30-60% reduction in price over 3-5 years.
- Companies should focus on clinical differentiation, secure regulatory approvals swiftly, and establish value-based agreements to maximize profitability.
FAQs
-
What factors influence the pricing of NDC 64950-0268?
Pricing is influenced by therapeutic value, patent status, competitive landscape, manufacturing costs, and reimbursement policies. -
When is the likely patent expiry for this drug, and how will it impact pricing?
Specific patent expiry dates depend on regulatory filings; generally, expiry leads to biosimilar entry and significant price reductions. -
How do biosimilars affect the market for this product?
Biosimilars increase competition, decrease prices, and expand access, often reducing brand drug prices by up to half. -
What strategies can manufacturers employ to sustain profitability amid pricing pressures?
Focus on clinical differentiation, expanding indications, improving manufacturing efficiencies, and securing value-based reimbursement agreements. -
Are there emerging therapies that could disrupt this market in the future?
Yes, innovative treatments like gene therapies, personalized medicines, or combination regimens could impact demand and pricing dynamics.
References
[1] U.S. Food and Drug Administration (FDA). Drug Approvals and Labeling.
[2] IQVIA. National Sales Perspectives and Pricing Trends.
[3] Centers for Medicare & Medicaid Services (CMS). Reimbursement and Formularies.
[4] EvaluatePharma. Global biotechnology and pharmaceutical market forecasts.
[5] MarketResearch.com. Specialty and biologic drug market analyses.
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