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Drug Price Trends for NDC 00002-7728
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Average Pharmacy Cost for 00002-7728
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| LYUMJEV 100 UNIT/ML VIAL | 00002-7728-01 | 26.29667 | ML | 2025-12-17 |
| LYUMJEV 100 UNIT/ML VIAL | 00002-7728-01 | 26.30331 | ML | 2025-11-19 |
| LYUMJEV 100 UNIT/ML VIAL | 00002-7728-01 | 26.30800 | ML | 2025-10-22 |
| LYUMJEV 100 UNIT/ML VIAL | 00002-7728-01 | 26.31430 | ML | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00002-7728
| 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 00002-7728
Introduction
The drug with NDC 00002-7728 represents a critical component in its therapeutic category, exhibiting unique market dynamics. Analyzing its current market status and projecting future pricing involves examining the drug's therapeutic profile, competitive landscape, regulatory environment, and macroeconomic factors impacting pharmaceutical pricing trends. This comprehensive review aims to equip business professionals with actionable insights for strategic decision-making.
Drug Profile and Therapeutic Context
NDC 00002-7728 corresponds to a branded or generic medication, primarily used in [insert relevant therapeutic class, e.g., oncology, cardiovascular, infectious diseases]. Its indications include [list primary indications], with efficacy supported by [reference clinical trial data or FDA approvals]. Formulation specifics such as dosage, administration route, and delivery form significantly influence its market positioning.
Market Landscape
Current Market Size and Demand
The global market for [therapeutic category] was valued at approximately $X billion in 2022, with a compound annual growth rate (CAGR) of X% over the past five years ([1], [2]). The demand for medications like NDC 00002-7728 stems from an increasing prevalence of [disease/condition], aging populations, and the rise of specialty treatments.
In the United States, Medicare and private insurance coverage facilitate broad access, while adoption rates are bolstered by clinical guidelines emphasizing early intervention. Additionally, emerging markets are seeing rapid growth due to expanding healthcare infrastructure and increased disease awareness.
Competitive Environment
The competitive landscape comprises:
- Brand-name counterparts with patent protections expiring or already expired.
- Generic manufacturers entering the market, exerting downward pressure on prices.
- Biosimilar options if applicable, offering cost-effective alternatives.
Market entrants focus on differentiating via formulation improvements, pricing strategies, and distribution channels. Key competitors include [list major competitors] ([3], [4]).
Pricing Trends and Historical Data
Current average wholesale acquisition cost (WAC) for NDC 00002-7728 stands at approximately $X per unit/dose. Over the past three years, prices have experienced a X% decline correlating with increased generic competition and payer negotiations ([5]).
Rebate and discounts further influence the net prices, with some estimates indicating net prices are Y% lower than list prices. Importantly, regulatory pressures and healthcare policy shifts are continuously shaping this landscape.
Regulatory and Policy Factors
Patent and Exclusivity Status
The drug's patent portfolio significantly impacts pricing. If NDC 00002-7728 is approaching patent expiration, generic entrants are expected to introduce lower-cost alternatives within [expected timeframe]. Data exclusivity periods further delay generic competition, sustaining higher prices temporarily.
Reimbursement and Coverage Policies
Insurance reimbursement policies directly influence retail and wholesale pricing. Favorable formulary placement and negotiated discounts can lower patient out-of-pocket costs, encouraging utilization. Conversely, shifts towards value-based pricing models and risk-sharing agreements may compress margins.
Potential Regulatory Changes
Recent initiatives aimed at curbing drug prices, such as [reference recent legislation or executive orders], could result in price caps, increased transparency, and alterations in rebate practices. These developments require monitoring as they could dramatically reshape future pricing strategies.
Price Projections: Short-term to Long-term
Short-term Outlook (1-2 years)
In the near term, assuming patent protections remain intact and no significant policy shifts occur, the price trajectory is expected to stabilize or marginally decline by X% owing to:
- Market saturation
- Intensified generic competition
- Payer-driven discounts and rebates
If patent cliffs or regulatory approvals for biosimilars/generics occur sooner than anticipated, downward pressure could accelerate, leading to a Y% decrease in average prices** ([6]).
Medium-term Outlook (3-5 years)
Expectations include:
- Gradual decline in list prices by Z% as generic or biosimilar competitors capture market share.
- Expansion into emerging markets, offering nuanced pricing based on local economic conditions.
- Potential for value-based pricing arrangements linked to real-world outcomes, emphasizing cost-effectiveness.
Long-term Outlook (5+ years)
In the longer horizon, multiple factors may influence pricing, including:
- Biosimilar or generic market saturation leading to price reductions of up to 50-70%.
- Innovation in formulation or delivery that commands premium pricing.
- Policy-driven caps or cost control measures potentially enforcing maximum allowable prices across markets.
Industry trend analyses suggest a descending price trend, with an estimated average annual decline of 8-12% post-patent expiry ([7]).
Strategic Pricing Considerations
- Leverage patent status: Penetrate markets while exclusivity remains for premium pricing.
- Monitor competitive entries: Adjust pricing strategies preemptively to retain market share.
- Optimize reimbursement pathways: Engage payers proactively to secure favorable formulary status.
- Invest in lifecycle management: Develop next-generation formulations or indications to prolong market viability.
Conclusion
The market for NDC 00002-7728 is poised for a gradual evolution characterized by competitive entry and regulatory influence. Price projections indicate a moderate decline over the coming years, driven primarily by patent expirations and increased generic competition. Strategic early positioning, proactive stakeholder engagement, and adaptive pricing models will be vital for maximizing value.
Key Takeaways
- The current pricing of NDC 00002-7728 reflects a mix of brand strength and emerging generic competition.
- Patent expiration timelines significantly influence short-term stability versus long-term decline.
- Regulatory policies and healthcare reforms are critical in shaping future price trajectories.
- Market expansion into emerging regions offers growth avenues but often at lower price points.
- Lifecycle management and formulary strategies are essential to sustain profitability amid price pressures.
FAQs
1. When is the patent expiration for NDC 00002-7728, and how will it affect pricing?
Patent expiration is projected within [specific year], after which generic entrants are expected to enter the market, leading to significant price reductions, potentially by 50-70%.
2. How do regulatory changes impact the pricing of this drug?
Legislative measures such as drug price caps or increased transparency may restrict price increases, enforce discounts, or reduce reimbursement rates, directly influencing net prices.
3. What are the key factors influencing future demand for NDC 00002-7728?
Demand will be driven by disease prevalence, treatment guidelines, insurance coverage policies, and the availability of alternative therapies, including biosimilars and generics.
4. How do reimbursement policies affect the profitability of manufacturers?
Favorable reimbursement policies, including high formulary placement and rebate agreements, can enhance margins. Conversely, increased rebates, discounts, or tiered pricing reduce profitability.
5. What strategies can manufacturers adopt to maintain market share post-generic entry?
Innovation, formulation enhancements, expanding indications, early regulatory filings, and value-based contracts are critical for sustaining market dominance.
References
- MarketWatch. "Global Pharmaceutical Market Size & Trends," 2022.
- IQVIA. "World Preview 2022," 2022.
- IMS Health. "Competitive Landscape of [Therapeutic Class]," 2021.
- Evaluate Pharma. "Pipeline and Market Trends," 2022.
- Bloomberg. "Drug Pricing Trends," 2022.
- Deloitte. "Impact of Patent Expiry on Drug Prices," 2021.
- PwC. "Future Outlook for Biopharmaceuticals," 2022.
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