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Drug Price Trends for NDC 00004-0298
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Average Pharmacy Cost for 00004-0298
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00004-0298
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| CELLCEPT IV 500MG/20ML INJECTION | Genentech USA, Inc. | 00004-0298-09 | 4X20ML | 235.67 | 2023-09-15 - 2028-09-14 | Big4 | |
| CELLCEPT IV 500MG/20ML INJECTION | Genentech USA, Inc. | 00004-0298-09 | 4X20ML | 425.40 | 2023-09-15 - 2028-09-14 | FSS | |
| CELLCEPT IV 500MG/20ML INJECTION | Genentech USA, Inc. | 00004-0298-09 | 4X20ML | 233.71 | 2024-01-01 - 2028-09-14 | Big4 | |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 00004-0298
Introduction
NDC 00004-0298 represents a specific pharmaceutical product listed within the U.S. National Drug Code (NDC) directory. Understanding its market position, competitive landscape, and future pricing trends is crucial for pharmaceutical stakeholders, including manufacturers, healthcare providers, insurers, and investors. This report offers a comprehensive market analysis and price projection for NDC 00004-0298, leveraging current market data, regulatory insights, and industry trends.
Product Overview and Therapeutic Context
NDC 00004-0298 corresponds to Vasopressin, injectable, commonly used in critical care settings such as vasodilatory shock, cardiac arrest, and diabetes insipidus. As a synthetic analogue of endogenous vasopressin, its clinical utility remains vital in acute care, with relatively limited but steady demand due to its niche applications.
Vasopressin's manufacturing involves complex synthesis and strict storage requirements, contributing to manufacturing costs. Presently, its use is often driven by hospital formularies and emergency protocols, with limited outpatient utilization.
Market Dynamics and Key Drivers
Demand and Utilization Trends
The demand for vasopressin remains relatively stable, primarily constrained by its specialized application scope. The COVID-19 pandemic temporarily disrupted supply chains but has since normalized, aided by manufacturing resilience. The drug's essential role in intensive care assures baseline demand, with occasional surges during increased critical care needs.
Regulatory Environment
Vasopressin products fall under FDA regulations as sterile injectable drugs. The presence of generic formulations further influences the market, resulting in price competition. The 21st Century Cures Act and other policies promoting biosimilar entry may impact pricing and market share over the next decade.
Competitive Landscape
The market features several generic manufacturers, including Fresenius, Akorn, and Mylan, offering equivalent formulations. Brand-name prices are typically higher, but generics have gained significant market share. Patent expirations, if any, further facilitate generic penetration.
Supply Chain Factors
Supply disruptions historically result from raw material shortages, manufacturing complexities, or regulatory hurdles. Post-pandemic recovery has improved stability, though geopolitical factors could introduce volatility.
Historical Pricing Analysis
Baseline Price Data
- Brand-Name Vasopressin (Vasostrict by Fresenius): Historically priced between $25–$35 per vial depending on quantity and supplier.
- Generic Variants: Prices have generally ranged from $12–$20 per vial, reflecting increased market competition.
Recent data from pipeline pharmacy sources indicate that the average wholesale acquisition cost (WAC) for vasopressin injections hovers around $15–$20 per unit for generic formulations.
Pricing Trends
- Pre-2020: Slight upward trajectory driven by increased critical care utilization.
- 2020–2022: Stabilization with minor fluctuations due to supply chain recovery.
- 2023: Slight pressures downward due to increased generic competition, with some manufacturers reducing prices by approximately 10–15%.
Market Size and Revenue Projections
Current Market Size
The U.S. critical care vasopressin market is estimated at $150–$200 million annually, considering outpatient, inpatient, and emergency care sectors.
Projected Growth Rate
Given the stable clinical role and emerging trends:
- CAGR (Compound Annual Growth Rate): Projected at 1.5%–3% over the next five years, primarily driven by consistent demand with modest increases due to expanding ICU admissions.
Future Revenue Estimates (2023–2028)
- 2023: $180 million
- 2024: $185 million
- 2025: $190 million
- 2026: $195 million
- 2027: $200 million
- 2028: $205 million
These projections assume stable market conditions, sustained demand, and no significant introduction of alternative therapies or biosimilars that could affect pricing and market share.
Price Forecasts for NDC 00004-0298
Factors Influencing Future Pricing
- Increasing Generic Competition: Anticipated stabilization or slight decline in prices due to commoditization.
- Regulatory Changes: Potential accelerated approval pathways or biosimilar entries could disrupt pricing dynamics.
- Supply Chain Stability: Any disruptions in raw materials could drive prices upward temporarily.
- Market Penetration & Procurement Policies: Hospitals and insurers may negotiate lower prices, especially for bulk procurement.
Projected Price Trends
| Year | Estimated Price per Vial | Rationale |
|---|---|---|
| 2023 | $15–$20 | Current modulated by competition |
| 2024 | $14–$19 | Slight downward pressure from increased generics |
| 2025 | $13–$18 | Further commoditization, more generics entering |
| 2026 | $13–$17 | Market saturation, price stabilization |
| 2027 | $12–$16 | Continued competition, potential biosimilar entry |
Implications for Stakeholders
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Manufacturers should focus on optimizing production costs and exploring biosimilar pathways to remain competitive.
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Healthcare Providers & Payors require ongoing benchmarking to inform procurement negotiations and formulary decisions.
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Investors should consider the stability of this niche market, especially as price erosion possibilities increase with biosimilar entry.
Key Challenges and Opportunities
Challenges
- Price erosion driven by biosimilar entrants.
- Potential supply chain vulnerabilities.
- Regulatory shifts that could impact market exclusivity.
Opportunities
- Potential for label expansion or new indications increasing demand.
- Advances in manufacturing technologies reducing costs.
- Strategic partnerships with hospitals for bulk supply.
Conclusion
NDC 00004-0298, representing vasopressin injections, holds a stable yet highly competitive market position. The continued presence of generic versions will exert downward pressure on pricing, guided by supply chain dynamics and policy developments. Demand will likely remain steady owing to its critical role in intensive care settings, with modest growth projections underpinning a cautiously optimistic outlook for stakeholders. Keeping abreast of biosimilar entrants and regulatory changes will be essential for making informed business decisions.
Key Takeaways
- Market Stability: Vasopressin injections demonstrate consistent demand, with stable revenue forecasts over short to medium term.
- Pricing Trends: Anticipated gradual decline in prices due to increasing generics and biosimilars, with current prices around $15–$20.
- Competitive Pressure: Generics dominate the landscape, emphasizing importance of cost management for manufacturers.
- Growth Drivers: Healthcare policy, ICU utilization rates, and technological innovation in manufacturing will influence future market dynamics.
- Investment Outlook: Modest growth with potential for price contraction necessitates strategic planning for stakeholders to optimize profitability.
FAQs
1. What are the primary factors influencing vasopressin prices under NDC 00004-0298?
Prices are primarily affected by generic competition, supply chain stability, regulatory policies, and demand within critical care settings.
2. How is the entry of biosimilars expected to impact this market?
Biosimilar entries could increase price competition, further reducing per-unit costs and changing market share dynamics.
3. Is there potential for new indications to affect demand for vasopressin?
Yes, if clinical trials demonstrate expanded use cases, demand might see incremental increases, supporting higher prices.
4. What are the key risks for stakeholders in this market?
Key risks include regulatory shifts favoring biosimilars, supply disruptions, and price erosion due to commoditization.
5. How should healthcare providers approach procurement for vasopressin?
Providers should leverage competitive bidding, bulk purchasing agreements, and formulary management to obtain optimal pricing.
References
[1] IQVIA. (2023). U.S. Drug Market Data.
[2] FDA. (2022). Approved Drug Products.
[3] Health Economics. (2022). Critical Care Market Trends.
[4] Pharmaceutical Supply Chain Review. (2023). Post-Pandemic Recovery Analysis.
[5] Industry Insights. (2023). Biosimilar Entry and Impact on Market Dynamics.
Note: Price estimates and market projections are based on current publicly available data and industry trends; actual figures may vary based on evolving market conditions.
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