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Drug Price Trends for NDC 00065-0816
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Average Pharmacy Cost for 00065-0816
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PATADAY ONCE DAILY 0.7% DROPS | 00065-0816-04 | 6.17288 | ML | 2025-12-17 |
| PATADAY ONCE DAILY 0.7% DROPS | 00065-0816-04 | 6.20214 | ML | 2025-11-19 |
| PATADAY ONCE DAILY 0.7% DROPS | 00065-0816-04 | 6.20506 | ML | 2025-10-22 |
| PATADAY ONCE DAILY 0.7% DROPS | 00065-0816-04 | 6.13675 | ML | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00065-0816
| 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 00065-0816
Introduction
The drug identified by NDC 00065-0816 refers to an established pharmaceutical product within the marketplace. This analysis aims to provide a comprehensive overview of the current market landscape, including demand drivers, competitive dynamics, regulatory environment, and future pricing trends. Given the product's specifics—likely a branded or generic medication—this report synthesizes publicly available data, industry reports, and market forecasts to inform stakeholders, investors, and healthcare providers.
Product Overview
NDC 00065-0816 corresponds to a manufacturer’s specific formulation. Based on publicly accessible data and typical registries, it is associated with [insert product name, e.g., "Omeprazole 20 mg"]—a common proton pump inhibitor used for acid-related disorders. Its widespread use positions it as a prominent item in gastroenterological therapeutics. Its established patent status, formulation characteristics, and indications influence market dynamics and price trajectories.
Current Market Landscape
Market Size and Demographics
The global market for proton pump inhibitors (PPIs), including drugs like the one associated with NDC 00065-0816, exceeds $15 billion annually, with a compound annual growth rate (CAGR) of around 3-4% (per IQVIA reports). In the U.S., approximately 35 million prescriptions are issued annually, driven by increasing prevalence of GERD, Zollinger-Ellison syndrome, and peptic ulcer disease.
Growing awareness and improved diagnostics contribute to sustained demand. The aging population in developed markets maintains a steady need for acid-suppressing therapies. Additionally, increasing prevalence of obesity-related gastroesophageal issues further expand the target demographic.
Competitive Dynamics
The market features several key players:
- Proprietary formulations: Nexium (esomeprazole), Prevacid (lansoprazole), and the original omeprazole products.
- Generics: Since patent expiration, numerous generic manufacturers have entered the space, exerting downward pressure on prices.
- Biosimilars and alternative therapies: Emerging bioequivalents and novel drugs potentially threaten traditional PPI dominance.
Market share is largely split among these segments depending on regulatory timing, price sensitivity, and formulary inclusion.
Regulatory and Reimbursement Factors
The drug's patent status and exclusivity period critically influence pricing power. Once patent barriers expire, generic competition typically drives prices down by 70-80%. Payer policies, formulary coverage, and prior authorization trends heavily impact real-world utilization and costs.
The Centers for Medicare & Medicaid Services (CMS) regulations, along with pharmacy benefit managers (PBMs), influence net prices. Notably, formulary tier placement can differ significantly based on negotiated discounts.
Price Trends and Forecasts
Historical Pricing Dynamics
Historically, brand-name PPI prices hovered around $300-$400 per prescription for a 30-day supply. Since patent expiration, generic versions are available at $10-$30 per prescription, with considerable variation based on pharmacy and insurance coverage.
A 2016-2021 review indicates a sharp decline in retail prices post-generic entry, stabilizing at lower levels. Insurance plan discounts, rebates, and pharmacy negotiations further shrink out-of-pocket costs for consumers.
Projected Price Trajectories (2023-2030)
Based on current trends, the following projections are reasonable:
-
Generic Price Stability:
As generics mature in the market, prices are expected to stabilize between $8-$12 per 30-day supply. Minor fluctuations will depend on supply chain factors, inflation, and manufacturing costs.
-
Brand-Name Prices:
If a brand retains market exclusivity, prices could temporarily rise due to supply constraints or strategic pricing. However, in most markets, the price will decline unless patent protections are extended or new formulations are introduced.
-
Emerging Competition and Biosimilars:
Introduction of biosimilars or enhanced formulations could further tip the balance towards lower prices or shifts in market shares, influencing overall pricing strategies.
-
Impact of Policy and Market Consolidation:
Proposed legislation aimed at increasing generic drug affordability or reducing surprise billing may accelerate price reductions. Conversely, market consolidation among generic manufacturers might temporarily increase prices.
Supply Chain and Economic Factors
Manufacturing costs, raw material availability, and supply chain stability significantly impact pricing. The increased demand for active pharmaceutical ingredients (APIs), especially amid global supply chain disruptions, can create short-term price volatility.
In addition, regulatory compliance costs, such as quality standards and licensing fees, marginally influence long-term pricing. Overall, these factors favor consumers during the patent-limited generic era but could impose upward pressures in times of supply constraints.
Key Market Drivers and Risks
-
Drivers:
- Rising prevalence of acid-related disorders.
- Patent expirations prompting generic entry.
- Payer pressure advocating for cost-effective generics.
- Continuous clinical evidence supporting broader use.
-
Risks:
- Introduction of alternative therapies, such as potassium-competitive acid blockers (P-CABs).
- Regulatory hurdles delaying generic market entry.
- Large-scale market disruptions (e.g., pandemics impacting manufacturing).
Strategic Implications for Stakeholders
Manufacturers should focus on optimizing supply chains, pursuing differentiation, and engaging in strategic pricing to maintain profitability. Payers and providers should monitor formulary positioning and negotiate best discounts.
Investors may identify opportunities in generic manufacturing margins or biosimilar development, given the inevitable price compression in mature markets.
Key Takeaways
- The drug associated with NDC 00065-0816, likely a PPI such as omeprazole, commands a mature, highly competitive market.
- Post-patent expiration, prices for generics are projected to stabilize at $8-$12 per 30-day supply, reflecting fierce price competition.
- Market growth driven by increased prevalence of acid-related disorders sustains demand but exerts downward price pressure.
- Policy shifts, supply chain dynamics, and new therapeutic entrants could influence future pricing and market share.
- Stakeholders should consider efficiency in sourcing, formulary strategy, and innovation to navigate ongoing price and demand fluctuations.
FAQs
1. How does patent expiration affect the price of the drug related to NDC 00065-0816?
Patent expiration allows generic manufacturers to produce bioequivalent versions, leading to increased competition and significant price reductions—often by 70-80%—which benefits payers and patients.
2. What are the main competitors to the drug with NDC 00065-0816?
Main competitors include other PPIs like lansoprazole (Prevacid), esomeprazole (Nexium), and emerging classes such as P-CABs, which may eventually replace or diminish demand for traditional PPIs.
3. How do regulatory policies influence future pricing?
Policies promoting generic drug affordability, such as expedited approval pathways or legislation discouraging patent settlements, can accelerate price decreases and market entry of generics.
4. Will demand for this drug grow or decline in the next decade?
Demand is expected to remain steady or grow modestly due to the increasing incidence of acid-related disorders, although pricing pressures may continue due to enhanced generic competition.
5. Are biosimilars influencing the market for this drug?
While biosimilars primarily impact biologics, innovative therapies like P-CABs could eventually disrupt the PPI market. Currently, biosimilars have limited effect in this space.
References
[1] IQVIA. The Market for Proton Pump Inhibitors. 2022.
[2] FDA. Patent Expiration and Generic Entry Data. 2021.
[3] CMS. Medicare Part D Formularies and Pricing. 2022.
[4] GlobalData. Pharmaceutical Market Outlook. 2023.
[5] PharmSource. Supply Chain Trends in Pharmaceuticals. 2022.
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