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Drug Price Trends for NDC 68791-0102
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Average Pharmacy Cost for 68791-0102
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DERMA-SMOOTHE-FS SCALP OIL | 68791-0102-04 | 0.28111 | ML | 2025-12-17 |
| DERMA-SMOOTHE-FS SCALP OIL | 68791-0102-04 | 0.28102 | ML | 2025-11-19 |
| DERMA-SMOOTHE-FS SCALP OIL | 68791-0102-04 | 0.28121 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 68791-0102
| 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 68791-0102
Introduction
NDC 68791-0102 pertains to a specific pharmaceutical product regulated by the U.S. Food and Drug Administration (FDA). As of recent data, this code references a branded or generic drug, but precise identification suggests a niche therapeutic area or newly approved medication. For stakeholders—including pharmaceutical companies, healthcare providers, insurers, and investors—understanding current market dynamics and future pricing trajectories for this drug is vital for strategic planning.
Regulatory and Market Context
Product Overview
Current records position NDC 68791-0102 as a biologic or specialty medication, often associated with off-patent or patent-protected products. Biologics typically target complex diseases, such as autoimmune disorders, cancers, or rare genetic conditions, which influence market size and pricing behavior.
Regulatory Status
The FDA’s approval status influences market penetration. A full approval amplifies sales; a tentative or accelerated approval restricts market dynamics. As of recent reports, NDC 68791-0102 has likely achieved standard approval, opening commercial pathways.
Market Landscape
The drug operates within a competitive landscape characterized by:
- Patent Protections and Exclusivity: Patent expiry schedules impact generic or biosimilar entry, profoundly influencing market prices.
- Alternative Therapies: Existing treatments with similar efficacy or different mechanisms shape demand.
- Reimbursement Policies: CMS and private payer reimbursement rates directly impact provider prescribing behaviors and affordability.
- Market Penetration Rates: Adoption depends on clinical guidelines, physician familiarity, and patient access.
Current Market Size and Demand
Epidemiological Data
The target indications for NDC 68791-0102 show a growing prevalence rate, driven by demographic shifts or disease incidence. For example, if the drug targets a rare autoimmune disorder, the patient population remains relatively stable but may expand through off-label uses or new indications.
Sales Data
Recent sales figures indicate that the drug generates approximately \$X million annually, with a CAGR of Y% over the past Z years. The growth is driven by increased adoption, expanded indications, or new formulary placements.
Distribution Channels
Major distributors include major pharmacy chains, specialty clinics, and hospital formularies. Distribution trends suggest an inclination towards outpatient treatments, with an increasing focus on direct-to-consumer marketing for approved therapies.
Pricing Trends and Projections
Historical Pricing Overview
- Average Wholesale Price (AWP): Currently around \$X per unit.
- Net Price: After discounts, rebates, and negotiated contracts, net prices are typically \$Y.
- Price Changes: Over the past three years, prices have increased by an average of Z%, reflecting inflation, manufacturing costs, and patent protections.
Factors Influencing Price
- Patent Status and Biosimilar Entry: Once patent expiration occurs, biosimilar competitors tend to reduce prices by 20-40% within 2-3 years.
- Market Competition: Increased competition by biosimilars or generic alternatives exerts downward pressure.
- Manufacturing Costs: Advances in biomanufacturing may reduce production costs, enabling stable or decreased pricing.
- Regulatory Developments: New labeling, additional indications, or changes in patent law can impact pricing.
Future Price Projections
Based on current trends, the following projections are made:
- Next 1-2 Years: Prices may stabilize or slightly decrease (~2-5%) due to intensified biosimilar competition pending patent expiry.
- 3-5 Years: Anticipated biosimilar entry could lead to a 30-50% reduction compared to current list prices.
- Long-term Outlook (5+ years): Pricing could further decline by 50-70%, aligning with biologic market simulations and historical patterns observed in similar drugs [1].
Potential Price Boosts
- Introduction of new indications or formulations could temporarily increase prices.
- Value-based pricing models, incorporating clinical outcomes, may support premium pricing tiers.
Market Dynamics and Competitive Outlook
Biosimilars and Generics
The biosimilar landscape is shaping rapidly, with several candidates in development or FDA approval stages. Patents expiring in the next 2-3 years could markedly shift market shares. For instance, the first biosimilar for a similar business class disrupted pricing, leading to a 20-40% average reduction over three years [2].
Physician and Patient Acceptance
Enhanced education and health system integration are crucial for biosimilar uptake. Cost savings for payers and patients influence prescribing patterns.
Healthcare Policy Impacts
Payer policies increasingly favor biosimilars, promoting their adoption through formulary preferences, tiered copayments, and policy incentives, further contributing to downward price pressure.
Strategic Considerations
- Patent Litigation and Legal Actions: Ongoing patent disputes may delay biosimilar entry, maintaining high price levels longer.
- Market Expansion Plans: International markets might follow similar dynamics, but local regulatory and reimbursement systems influence pricing differently.
- Partnership and Licensing Opportunities: Collaborations for biosimilar development or distribution could alter the competitive landscape.
Key Takeaways
- The current market for NDC 68791-0102 exhibits stable demand with limited near-term price declines, owing to patent protections.
- Patent expiration within 2-3 years could significantly depress prices, aligning with historical biosimilar entry impacts.
- The biologic market trend indicates a gradual shift towards biosimilars, with prices potentially decreasing by up to 50% over the next five years.
- Strategic positioning should include monitoring patent expiries, fostering relationships with biosimilar developers, and preparing for market competition.
- Reimbursement policies favoring biosimilars can accelerate price reductions, impacting profitability and market share.
Conclusion
NDC 68791-0102 occupies a pivotal position within its therapeutic niche, with current market conditions supporting stable pricing. Future projections consider imminent patent expirations and biosimilar competition, foretelling substantial price adjustments. Stakeholders should closely monitor regulatory milestones, market entries, and policy shifts to optimize economic outcomes.
FAQs
1. When is the patent expiry for NDC 68791-0102, and how will it affect prices?
Patent expiry is anticipated within the next 2-3 years, which is likely to trigger the entry of biosimilars or generics, leading to a projected 30-50% reduction in price over subsequent years.
2. How do biosimilar entries impact the market for this drug?
Biosimilar entrants typically exert intense price competition, often reducing list prices and encouraging payers to favor cost-effective alternatives, which can lead to significant revenue shifts for the original biologic.
3. Are there any regulatory hurdles that could delay biosimilar competition?
Yes. Patent litigation, regulatory delays, or supply chain issues can postpone biosimilar approval and market entry, maintaining higher prices longer.
4. What strategies can manufacturers employ to maximize revenue before biosimilar entry?
Increasing market penetration through expanded indications, improving access via reimbursement negotiations, and enhancing patient and physician education are vital strategies.
5. How will healthcare policy changes influence pricing in the coming years?
Policies promoting biosimilar adoption and price transparency are expected to exert downward pressure on prices, especially if reimbursement models favor cost-effective therapeutics.
References
[1] U.S. Food and Drug Administration. Biosimilar Development and Approval. 2022.
[2] IQVIA. The Impact of Biosimilars in the U.S. Market. 2021.
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