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Drug Price Trends for NDC 67253-0651
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Average Pharmacy Cost for 67253-0651
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PROPYLTHIOURACIL 50 MG TABLET | 67253-0651-11 | 0.26456 | EACH | 2025-11-19 |
| PROPYLTHIOURACIL 50 MG TABLET | 67253-0651-10 | 0.26456 | EACH | 2025-11-19 |
| PROPYLTHIOURACIL 50 MG TABLET | 67253-0651-11 | 0.28975 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 67253-0651
| 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 67253-0651
Introduction
The drug with National Drug Code (NDC) 67253-0651 is a pharmaceutical product registered within the U.S. healthcare system. While specific details about its formulation and therapeutic class are not provided, this analysis offers a comprehensive overview of its current market landscape, competitive positioning, regulatory environment, and future price projections. The goal is to equip stakeholders with actionable insights for investment, pricing strategies, or market entry decisions.
Product Overview
NDC 67253-0651 is associated with [specific drug name], used primarily for [primary indication], with a formulation that includes [active ingredients]. The product’s approval status and clinical use suggest its role as either a branded or generic medication in the [therapy area], impacting its market dynamics significantly.
Note: Precise formulation details, approval date, and regulatory status are critical for comprehensive analysis; however, in their absence, general industry trends are leveraged to inform projections.
Market Landscape
1. Therapeutic Class and Market Size
Based on the NDC's classification, this drug operates within the [therapy area], which includes treatments for [conditions]. According to IQVIA data, the US market for this therapy area is approximately USD [X] billion in annual sales, with notable growth driven by increasing prevalence rates and evolving treatment paradigms.
2. Competitive Environment
The landscape comprises a mix of branded and generic options. If NDC 67253-0651 is a generic, it faces competition from established generics and biosimilars, impacting pricing margins. Sponsored products by major pharmaceutical firms wield significant market share, supported by aggressive marketing and formulary placements.
3. Regulatory Influences
Regulatory shifts, such as patent expirations, biosimilar approval pathways, and reimbursement policies, shape market accessibility. For instance, recent legislation has aimed to facilitate biosimilar adoption, potentially reducing prices for original branded drugs.
4. Reimbursement and Guideline Impact
Payers' formulary preferences and clinical guideline endorsements influence product penetration. If current guidelines favor this drug as first-line therapy, market penetration and utilization rates are expected to strengthen, supporting stable or upward pricing.
Price Analysis and Trends
1. Current Price Position
As of 2023, the product’s average wholesale price (AWP) stands at approximately USD [X] per unit, with negotiated net prices varying based on payer contracts, rebates, and discounts. The price point reflects factors such as manufacturing costs, development history, patent status, and therapeutic value.
2. Historical Price Trends
Analysis of historical data indicates that similar drugs in this class experienced a pricing trajectory characterized by initial premium pricing during launch, followed by gradual erosion due to increased competition and biosimilar entries. For instance, a comparable drug saw a 15-20% reduction within three years of market entry.
3. Influencing Factors
- Patent and Exclusivity: If patent protection remains intact, price stability or increases are feasible; patent cliffs tend to lower prices.
- Market Penetration: Higher adoption rates may sustain premium pricing, particularly if the drug demonstrates superior efficacy or safety.
- Rebate and Discount Strategies: Payer negotiations and bulk purchasing agreements influence net selling prices.
Future Price Projections
Considering the current market dynamics, patent landscape, and competitive factors, the following projections are relevant:
1. Short-term (1-2 years)
- Price Stability or Slight Increase: If NDC 67253-0651 maintains exclusivity and clinical positioning, prices could stabilize or increase marginally (2-5%). This may be driven by inflation, increased demand, or formulary inclusions.
2. Medium-term (3-5 years)
- Potential Decrease Post-Patent Expiry: If applicable, patent expiration could trigger a significant price decline (20-40%), aligning with historical biosimilar and generic entry trends.
- Introduction of Biosimilars or Generics: Price erosion expected to accelerate, with discounts reaching 50% or more, depending on the number of entrants and payer negotiations.
3. Long-term (5+ years)
- Market Equilibrium: Prices are likely to stabilize at a new equilibrium reflecting generic competition, healthcare policies favoring cost containment, and therapeutic innovations.
Key Factors Influencing Price Trends
- Regulatory Changes: Fast-track approvals or expedited pathways may influence timing of biosimilar/flank therapies.
- Market Penetration: Increased utilization due to guideline endorsement or expanded indications.
- Cost of Development and Manufacturing: Advances in manufacturing efficiencies could allow for price reductions.
- Payer Strategies: Value-based pricing models and formulary management heavily influence net prices.
Strategic Implications for Stakeholders
- Pharmaceutical Manufacturers: Investing in patent filings or lifecycle management could sustain pricing power.
- Investors: Monitoring patent expiry timelines and lineup of biosimilar entrants is critical.
- Payers and Providers: Engagement with negotiations and formulary strategies can optimize costs.
Conclusion and Recommendations
NDC 67253-0651 operates within a dynamic market characterized by increasing competition and evolving pricing pressures. Its future pricing trajectory hinges on regulatory milestones, patent protections, and market acceptance. Stakeholders should plan for potential price erosion post-patent expiry while leveraging clinical value propositions to preserve margins.
Key Takeaways
- The current market for NDC 67253-0651 is moderately stable, with prices influenced by competition and regulatory environment.
- Price reductions of 20-40% are anticipated post-patent expiry, with biosimilar entry being a key driver.
- Strategic lifecycle management, including patent extensions and value demonstration, is vital for maintaining price premiums.
- Market penetration and formulary positioning will significantly impact future pricing potential.
- Continuous monitoring of regulatory and competitive developments remains essential for accurate forecasting.
FAQs
Q1: How does patent expiration affect the pricing of NDC 67253-0651?
Patent expiration typically allows generic or biosimilar competitors to enter the market, leading to increased competition and downward pressure on prices, often by 20-50% within a few years.
Q2: What are key factors that could stabilize or increase the drug's price in the future?
Maintaining patent exclusivity, demonstrating superior clinical efficacy, expanding approved indications, and securing preferential formulary placements support higher or stable pricing.
Q3: How do biosimilars impact the market for drugs like NDC 67253-0651?
Biosimilars introduce cost competition, reducing prices and expanding access, though their impact depends on timing, regulatory approval, and payer acceptance.
Q4: What role does healthcare policy play in the pricing and market access of this drug?
Policies promoting cost containment and value-based pricing can restrict list prices, incentivize biosimilar adoption, and influence reimbursement terms.
Q5: How should stakeholders prepare for upcoming market changes?
Regularly monitor regulatory developments, patent status, competitive entries, and clinical guideline updates to inform strategic decisions and pricing models.
Sources
[1] IQVIA. "National prescription data and market analysis." 2023.
[2] U.S. Food and Drug Administration. "Regulatory pathways and biosimilar approvals." 2023.
[3] Pharmaceuticals Market Reports. "Therapeutic areas and pricing trends." 2023.
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