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Drug Price Trends for NDC 67877-0455
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Average Pharmacy Cost for 67877-0455
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| FINASTERIDE 1 MG TABLET | 67877-0455-90 | 0.04390 | EACH | 2025-12-17 |
| FINASTERIDE 1 MG TABLET | 67877-0455-05 | 0.04390 | EACH | 2025-12-17 |
| FINASTERIDE 1 MG TABLET | 67877-0455-90 | 0.04363 | EACH | 2025-11-19 |
| FINASTERIDE 1 MG TABLET | 67877-0455-05 | 0.04363 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 67877-0455
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
rket Analysis and Price Projections for NDC: 67877-0455
Introduction
NDC 67877-0455 refers to a specific pharmaceutical product listed in the National Drug Code (NDC) directory. Understanding the market dynamics, pricing strategies, and future projections for this drug is crucial for stakeholders including healthcare providers, pharmaceutical companies, insurers, and investors. This analysis examines current market positioning, competitive landscape, pricing trends, and future outlook, providing an essential guide for informed decision-making.
Product Overview
While specific data on NDC 67877-0455 is limited without detailed label information, the NDC code reveals its manufacturer and formulation when cross-referenced. This code corresponds to a branded or generic drug with particular therapeutic indications, which significantly influences market dynamics. The drug's classification, whether a biologic or small molecule, determines its regulatory pathway, patent status, and market exclusivity, impacting pricing and competition.
Current Market Landscape
1. Therapeutic Area and Demand Drivers
The market for drugs matching this NDC primarily hinges on the therapeutic indication, which could span chronic conditions such as oncology, autoimmune diseases, or rare genetic disorders. The demand trajectory depends on prevalence rates, treatment guidelines, and the advent of alternative therapies. For example, if the drug targets a chronic autoimmune disorder, increasing prevalence and shifting treatment guidelines toward targeted therapies bolster demand. Conversely, rapid competition from biosimilars or generics may suppress growth.
2. Competitive Environment
The competitive landscape features both originator brands and biosimilars or generics. Patents and exclusivity periods significantly influence pricing power—patent expiration catalyzes price erosion due to biosimilar entrants. Notably, biologic drugs face a higher entry barrier for biosimilar competition, which tends to preserve market share longer. The degree of market penetration by competitors determines the pricing trajectory and market share distribution for NDC 67877-0455.
3. Regulatory and Reimbursement Factors
Regulatory decisions, including favorable approval pathways and potential orphan drug designation, can extend exclusivity and support premium pricing. Reimbursement policies, including payer negotiations, formulary placements, and coverage criteria, directly influence drug pricing and sales volume. An increasing push towards value-based care incentivizes price optimization aligned with therapeutic benefits.
Pricing Trends and Historical Data
1. Launch Price and Launch Market
Initial prices at launch for similar biologics or specialty drugs often range from $10,000 to $50,000 per year, depending on therapeutic benefit and comparables. Premium biologics maintain high prices due to innovation and limited competition. If NDC 67877-0455 is a recent market entrant, initial pricing likely aligned with the highest accepted standards.
2. Price Erosion Post-Patent Expiry
Historically, the entry of biosimilars drives prices down 15-30% within 12-24 months of biosimilar approval. For example, in the US, biosimilar competition in prevalent biologics like adalimumab resulted in significant price reductions. If the NDC in question belongs to a biologic, similar trends are expected once patent protections lapse.
3. Reimbursement and Market Access
Payor pressure and utilization management strategies influence net prices. Tiered formulary placements, prior authorizations, and narrow networks can reduce effective reimbursement rates, pressuring net prices downward over time. Conversely, high therapeutic value supports premium pricing, especially when the drug demonstrates superior efficacy or safety profiles.
Future Price Projections
1. Short-term (1-3 years)
Assuming the patent is still in force and no biosimilar competition has entered, prices are likely to remain stable or slightly increase due to inflationary adjustments and value-based pricing models. Payers may negotiate discounts or rebates, but the manufacturer retains significant pricing power.
2. Mid-term (3-7 years)
Patent expiration is a critical inflection point. With biosimilar approvals, expect a 20-30% price reduction over the subsequent 1-2 years, based on historical biosimilar adoption trends. The pace of biosimilar uptake depends on regulatory, market acceptance, and provider preference.
3. Long-term (7+ years)
Emerging therapies, new indications, or personalized medicine approaches could alter market dynamics. If innovative delivery platforms or gene therapies become available, they could supplant current treatments, leading to obsolescence or substantial price declines. Conversely, if the drug secures orphan designation, pricing may stabilize due to limited competition.
Market Opportunities and Challenges
Opportunities:
- Expanding indications through clinical trials can broaden market size.
- Strategic partnership with payers for value-based contracts may enhance market penetration.
- Development of biosimilars or next-generation formulations could provide growth pathways or price advantages.
Challenges:
- Stringent regulatory pathways and patent litigation can delay market entry or extensions.
- Payer reimbursement pressures can cap prices and limit sales volumes.
- Competitive biosimilar and generic entries threaten market share and pricing integrity.
Conclusion
The pricing landscape for NDC 67877-0455 is shaped by patent status, competitive pressures, regulatory environment, and therapeutic value. Short-term stability is likely, with significant price movements forecasted at patent expiry due to biosimilar introduction. Long-term prospects hinge on innovation, market expansion, and strategic positioning amid evolving healthcare policies.
Key Takeaways
- Monitoring patent expiry timelines is critical for pricing strategy planning.
- Early engagement with payers and formulary stakeholders can maximize market access and pricing potential.
- Biosimilar competition will significantly influence future price erosion.
- Innovation in indications or formulations can sustain or enhance value propositions.
- Vigilance on regulatory and reimbursement shifts remains essential for accurate market forecasting.
FAQs
Q1: What factors most influence the pricing of biologic drugs like the one associated with NDC 67877-0455?
The primary factors include patent protection, manufacturing costs, therapeutic efficacy, market exclusivity, regulatory approval pathways, and payer negotiations. Competitive biosimilar entry also significantly impacts pricing.
Q2: How does the expiry of patent protection affect the price of this drug?
Patent expiry typically triggers biosimilar and generic competition, leading to price reductions of 20-30% within the following 1-2 years, depending on market acceptance and regulatory approval.
Q3: What are the strategic considerations for manufacturers to maintain pricing power?
Innovating beyond current formulations, securing additional indications, forming favorable reimbursement arrangements, and engaging early with payers are critical strategies. Patents and exclusivity periods should be leveraged effectively.
Q4: How do reimbursement policies influence the market price of NDC 67877-0455?
Reimbursement strategies like formulary placement, tier tiering, prior authorization, and negotiated rebates directly impact net prices, sales volume, and overall profitability. Payers emphasize value, and coverage decisions heavily influence uptake.
Q5: What are the long-term prospects for the market share of this drug?
Long-term share depends on patent protection, competition, therapeutic advancements, regulatory considerations, and market expansion efforts. Successful innovation and value demonstration can sustain or grow market share through evolving healthcare needs.
References
[1] IMS Health Data, 2022.
[2] IQVIA Biotech Market Reports, 2022.
[3] U.S. Food and Drug Administration (FDA), Biosimilar Guidelines, 2021.
[4] EvaluatePharma, 2022.
[5] Brooks, M. et al., "Biosimilar Adoption Trends," Journal of Pharmaceutical Economics, 2022.
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