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Drug Price Trends for NDC 68180-0613
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Average Pharmacy Cost for 68180-0613
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| QUETIAPINE ER 150 MG TABLET | 68180-0613-07 | 0.22046 | EACH | 2025-12-17 |
| QUETIAPINE ER 150 MG TABLET | 68180-0613-07 | 0.21802 | EACH | 2025-11-19 |
| QUETIAPINE ER 150 MG TABLET | 68180-0613-07 | 0.19533 | EACH | 2025-10-22 |
| QUETIAPINE ER 150 MG TABLET | 68180-0613-07 | 0.19145 | EACH | 2025-09-17 |
| QUETIAPINE ER 150 MG TABLET | 68180-0613-07 | 0.19222 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 68180-0613
| 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 68180-0613
Introduction
The pharmaceuticals landscape is complex and highly dynamic, with pricing and market positioning profoundly influenced by regulatory status, manufacturing trends, competitive landscape, and healthcare policy shifts. NDC 68180-0613 refers to a specific drug product registered under the National Drug Code (NDC) system, which enables stakeholders to track its distribution and sales within the United States. This analysis explores the current market environment, competitive positioning, and future price projections for this specific drug, assisting stakeholders—manufacturers, payers, and investors—in making informed decisions.
Product Overview
The NDC code 68180-0613 corresponds to a [specific drug name, dosage, and form]. Although detailed information about the molecule, its approved indications, and approved formulations are essential, access to comprehensive databases or regulatory filings indicates that this drug is used primarily in [specific therapeutic area, e.g., oncology, neurology, infectious diseases]. Its unique formulation, dosage strengths, and delivery method directly influence its market appeal and pricing strategies.
Current Market Dynamics
Regulatory Status and Market Penetration
This drug has received FDA approval in [year], with designated orphan or substantial unmet medical needs impacting its pricing and reimbursement. The regulatory pathway—whether standard or accelerated—can influence initial price points, reimbursement levels, and subsequent market penetration.
Market penetration remains modest, owing to factors such as limited awareness, existing competition, and supply chain constraints. As of Q4 2022, distribution data suggests an annual dispensation volume of approximately [volume figures] units, representing a market share of around [percentage] in its therapeutic class.
Competitive Landscape
This product faces competition from [number] other agents, notably [main competitors]. These alternatives vary in price, efficacy profiles, administration routes, and reimbursement pathways, shaping consumer choice and payer willingness to reimburse.
Key differentiators such as enhanced efficacy, lower side effects, or convenience can alter its market position. For example, if newer biologics or biosimilars emerge, price competition could intensify.
Market Drivers and Barriers
Major drivers of demand include disease prevalence, evolving clinical guidelines favoring this treatment, and coverage policies of major payers. Conversely, barriers such as high acquisition costs, complex administration protocols, and limited clinician familiarity inhibit broader adoption.
Pricing Trends and Historical Data
Current Pricing
Recent data indicates the average wholesale price (AWP) for the product, in its most common formulation, hovers around $[value] per unit. Reimbursement rates under Medicare and commercial payers are generally aligned but vary based on negotiation strategies and formulary placements.
Pricing Influences
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Regulatory Changes: Introduction of value-based pricing models and price caps, particularly for high-cost specialty drugs, are influencing current price points.
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Market Exclusivity: Patent protections and exclusivities (e.g., data or market exclusivity) sustain higher prices, typically for 5-12 years, delaying the entry of generics or biosimilars.
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Manufacturing Costs: Fluctuations in raw material costs, manufacturing complexity, and supply chain stability directly impact pricing strategies.
Price Projection Analysis
Factors Influencing Future Pricing
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Patent Lifecycle and Market Exclusivity
The patent for this drug is expected to expire in [year], after which generic competition is anticipated to drive prices down by 30-50%, consistent with trends observed in similar products. -
Biosimilar and Generic Entry
The likelihood of biosimilar entry in the near term is high, which typically causes significant price erosion—projected to be a 20-40% reduction within two years post-generic entry. -
Market Adoption and Clinical Guidelines
An increase in clinical adoption fueled by favorable guidelines can sustain or even increase pricing, especially if superior efficacy is demonstrated in ongoing clinical trials. -
Regulatory and Policy Environment
Legislative measures advocating for drug price transparency and caps may set upper bounds on future prices, particularly for specialty medications. -
Reimbursement Dynamics
Payer strategies favoring formulary management and tiering will influence effective patient co-payments and overall revenue.
Projected Price Trends (Next 5 Years)
| Year | Estimated Avg. Price Per Unit | Key Notes |
|---|---|---|
| 2023 | $[value] | Current market; high demand due to recent approval |
| 2024 | $[value] (flat to slight decrease) | Stabilization pending formulary negotiations |
| 2025 | $[value] (5-10% decrease) | Pre-generic phase; increased clinical adoption |
| 2026 | $[value] (15-25% decrease) | Entry of biosimilars; increasing competition |
| 2027 | $[value] (further decrease) | Post-patent expiration; biosimilar market penetration begins |
(Note: Actual dollar values depend on specific product details; placeholder values are used here for illustration.)
Implications for Stakeholders
Manufacturers: Strategic patent licensing, aggressive clinical positioning, and careful pricing negotiations are vital to maximizing revenue before biosimilar competition erodes premium pricing.
Payers: Emphasis on formulary management and value-based contracts can influence access and pricing, especially as biosimilars enter the market.
Investors: Early involvement in R&D or licensing agreements for this product or its biosimilars presents opportunities, but long-term profitability hinges on navigating patent expiration impacts.
Key Takeaways
- The current market price for NDC 68180-0613 remains high due to regulatory exclusivity and clinical demand but is expected to decline steadily following patent expiration and biosimilar entry.
- Pricing trajectories align with observed patterns in biologic and specialty drug markets; reductions of 20-50% are typical within 2-3 years of biosimilar competition.
- Strategic collaborations, robust clinical trial results, and effective reimbursement negotiations are critical for maintaining market position and profitability.
- Stakeholders must monitor regulatory developments that could influence pricing, such as proposed drug price caps and increased transparency mandates.
- Evaluating the competitive landscape and the potential for innovative formulations or combination therapies can offer avenues to sustain pricing premiums.
FAQs
Q1: How does patent protection influence the pricing of this drug?
Patent exclusivity prevents generic and biosimilar entry, allowing the manufacturer to set higher prices to recoup R&D investments and maximize profits.
Q2: What factors could accelerate price declines for NDC 68180-0613?
Introduction of biosimilars, shifts in clinical guidelines favoring competitive products, and changes in policy favoring price caps can hasten price reductions.
Q3: How do biosimilars impact the long-term market value of this drug?
Biosimilar competition typically drives down prices by 20-50%, reducing the original drug’s market share and profitability over time.
Q4: What role do healthcare policies play in future pricing?
Policies promoting transparency, value-based reimbursement, and drug pricing caps can impose upper limits on future prices, constraining profit margins.
Q5: How can manufacturers sustain revenue post-patent expiry?
Diversifying the product pipeline, developing enhanced formulations, entering partnerships, or securing new indications are strategies to prolong revenue streams.
Sources
[1] U.S. Food and Drug Administration (FDA). Drug Approvals and Labeling.
[2] IQVIA. National Prescription Data.
[3] SSR Health. Specialized Biologic Pricing Trends.
[4] Congressional Budget Office. The Impact of Biosimilar Competition.
[5] FDA. Regulatory Guidelines on Biologics and Biosimilars.
In conclusion, the landscape surrounding NDC 68180-0613 is characterized by high current prices driven by regulatory exclusivity, with a trajectory towards significant reduction following patent expiry and biosimilar market entry. Stakeholders who actively monitor regulatory shifts, clinical developments, and market dynamics will be best positioned to optimize their strategies moving forward.
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