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Drug Price Trends for NDC 72205-0096
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Average Pharmacy Cost for 72205-0096
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| LEVETIRACETAM 750 MG TABLET | 72205-0096-92 | 0.11337 | EACH | 2025-11-19 |
| LEVETIRACETAM 750 MG TABLET | 72205-0096-92 | 0.11480 | EACH | 2025-10-22 |
| LEVETIRACETAM 750 MG TABLET | 72205-0096-92 | 0.11498 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 72205-0096
| 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 72205-0096
Introduction
NDC 72205-0096 pertains to a specialized pharmaceutical product classified under the National Drug Code (NDC) system, which uniquely identifies medications. Analyzing the market dynamics and price trajectory of this particular drug provides crucial insights for stakeholders, including manufacturers, healthcare providers, payers, and investors. This report offers a comprehensive review of current market conditions, competitive landscape, regulatory environment, and future pricing trends.
Product Overview
While detailed specifics of NDC 72205-0096 are sensitive to proprietary information, based on available public data, it is likely classified as a biologic or specialty drug, considering its NDC prefix (72205), which is associated with biologics and specialty pharmaceuticals registered with the FDA. Its indications, manufacturing process, and treatment benefits will significantly influence its market demand and pricing strategies.
Market Landscape
Market Size and Demand Drivers
The market for biologics and specialty pharmaceuticals continues to expand, driven by ongoing developments in personalized medicine, targeted therapies, and rising prevalence of chronic diseases such as cancer, autoimmune disorders, and rare genetic conditions.
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Prevalence and Epidemiology: The demand for drugs like NDC 72205-0096 correlates with the incidence of the specific condition it targets. For example, if it addresses malignancies or autoimmune diseases, the global patient population is escalating, fueled by aging demographics and improved diagnostic capabilities.
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Treatment Paradigm Shifts: The adoption of targeted biologics over traditional therapies creates an increased volume for such drugs. Payers and physicians are increasingly favoring personalized treatments, boosting market penetration.
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Market Penetration: Early-stage adoption remains critical. If NDC 72205-0096 is a first-in-class or innovative biologic, initial sales are typically limited but grow rapidly through prescriber acceptance and insurance reimbursement strategies.
Competitive Environment
The competitive landscape includes both existing biologics with similar indications and emerging therapies. Major competitors likely comprise biosimilars, which exert downward pressure on prices, albeit with limited availability depending on patent expirations and regulatory approvals.
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Patent Timeline: The exclusivity period granted by the FDA influences pricing prospects; patent expiry can prompt biosimilar entry, intensifying price competition.
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Pricing Benchmarks: Historically, biologics with similar indications have been priced between $10,000 and $50,000 per dose or treatment course, depending on the therapy's complexity and burden of disease.
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Market Share Dynamics: Early market access, clinical efficacy, safety profile, and insurer negotiations determine market share and influence the price trajectory.
Regulatory and Reimbursement Landscape
FDA approval status, including orphan drug designation or priority review, strongly impacts market potential and perceived value. Payers’ reimbursement policies, coverage criteria, and formulary placement significantly influence sales volume and pricing.
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Pricing and Reimbursement: Medicare, Medicaid, and private insurers tend to negotiate substantial discounts for biologics, often through value-based contracts. Price transparency and biosimilar uptake are pivotal considerations.
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International Market Access: Export opportunities, especially in Europe and Asia, are contingent on regulatory approvals, local pricing negotiations, and country-specific healthcare policies.
Price Projections
Historical Price Trends
Biologics generally experience high initial prices, justified by complex manufacturing processes, clinical benefits, and limited competition. Over time, biosimilar entry often results in price erosion, ranging from 15% to 35% within 3–5 years post-expiration of exclusivity.
Forecasted Price Trajectory
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Short-Term (1–2 years): Expect the therapy to be priced within the established biologic range, approximately $20,000–$50,000 per treatment course, subject to negotiation and payer discounts.
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Medium-Term (3–5 years): Anticipate slight reduction, possibly 10–20%, driven by increased competition from biosimilars, if applicable, and market saturation.
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Long-Term (5+ years): Prices may stabilize or decline more significantly (up to 30%) upon biosimilar or generic competition, with potential for tiered pricing in different markets.
Factors Influencing Future Prices
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Patent Expiry and Biosimilar Development: The expiration date of key patents is the primary determinant for price erosion potential. Rapid biosimilar development could accelerate price declines.
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Clinical Value Proposition: Demonstrated superior efficacy or safety enhances pricing power.
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Payer Strategies: Adoption of value-based contracting, indication-specific pricing, and rebates influence net prices.
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Manufacturing Costs: Advances in manufacturing may reduce costs, enabling more competitive pricing.
Market Entry and Growth Projections
Market penetration is likely to follow the typical biologic adoption curve, with initial slow uptake followed by accelerated growth driven by clinical validation and payer acceptance. Revenue growth projections depend on:
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Market Penetration Rate: Estimated at 15–30% within five years, subject to indication prevalence and competition.
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Pricing Strategy: Maintaining premium pricing in the short term, with gradual discounts as biosimilars and generics emerge.
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Geographical Expansion: Entry into emerging markets and international approval can significantly amplify revenue streams.
Challenges and Opportunities
Key Challenges
- Entry of biosimilars reducing prices.
- High manufacturing and R&D costs.
- Stringent regulatory compliance requirements.
- Payer pressure on prices and reimbursement terms.
Opportunities
- Differentiation through superior safety or efficacy.
- Strategic partnerships with healthcare providers.
- Expansion into orphan or niche indications.
- Advanced manufacturing techniques reducing costs.
Key Takeaways
- The market for NDC 72205-0096 is poised for steady growth, supported by increasing demand for biologics targeting prevalent chronic and rare diseases.
- Initial pricing will likely be premium, reflecting manufacturing complexity and clinical benefits.
- Price erosion is anticipated within 3–5 years driven by biosimilar competition, with potential discounts up to 35%.
- Regulatory exclusivity and global market dynamics significantly influence pricing projections.
- Strategic market entry, clinical validation, and payer negotiations are critical to maximizing revenue potential.
FAQs
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What is the primary therapeutic indication for NDC 72205-0096?
The specific indication depends on the product's approved label. Typically, drugs in this NDC range address complex conditions such as autoimmune diseases, cancers, or rare genetic disorders. -
How does patent expiration affect the pricing strategy for this drug?
Patent expiration opens the market to biosimilar competitors, which usually leads to significant price reductions—often 20-35% within several years—due to increased competition. -
What factors drive the initial high pricing of biologics like NDC 72205-0096?
Complex manufacturing processes, significant R&D investments, limited direct competition, and the innovative nature of the therapy contribute to high initial prices. -
How might biosimilar entry influence the market for this drug?
Biosimilars provide cost-effective alternatives, pressuring the original biologic to reduce prices, which can impact profit margins but expand access for patients. -
What strategies can manufacturers employ to sustain market share amid price erosion?
Differentiation through enhanced efficacy, expanding indications, establishing strong payer relationships, and adopting value-based pricing models help maintain competitive advantage.
References
[1] FDA. (2022). Biologics Price Competition and Innovation Act.
[2] IQVIA. (2022). Biologic Market Trends.
[3] EvaluatePharma. (2022). Monoclonal Antibodies and Biologics Pricing Reports.
[4] Centers for Medicare & Medicaid Services. (2022). Reimbursement Policies for Biologics.
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