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Drug Price Trends for NDC 00071-0806
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Average Pharmacy Cost for 00071-0806
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| NEURONTIN 400 MG CAPSULE | 00071-0806-24 | 8.44485 | EACH | 2025-11-19 |
| NEURONTIN 400 MG CAPSULE | 00071-0806-24 | 8.43304 | EACH | 2025-10-22 |
| NEURONTIN 400 MG CAPSULE | 00071-0806-24 | 8.43304 | EACH | 2025-09-17 |
| NEURONTIN 400 MG CAPSULE | 00071-0806-24 | 8.44608 | EACH | 2025-08-20 |
| NEURONTIN 400 MG CAPSULE | 00071-0806-24 | 8.44628 | EACH | 2025-07-23 |
| NEURONTIN 400 MG CAPSULE | 00071-0806-24 | 8.43992 | EACH | 2025-01-07 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00071-0806
| 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: 00071-0806
Introduction
The pharmaceutical landscape continually evolves as new drugs enter the market, driven by advancements in technology, unmet medical needs, and regulatory shifts. The National Drug Code (NDC) 00071-0806 refers to a specific pharmaceutical product whose market dynamics, competition, and pricing strategies require detailed examination to aid stakeholders' decision-making processes. This analysis reviews the current market context, postulates future price trajectories, and provides strategic insight into this drug’s commercial potential.
Product Overview and Regulatory Status
NDC 00071-0806 identifies [Product Name], a [drug class] indicated for [medical indications]. It is primarily marketed as a [formulation (e.g., injection, tablet)] by [manufacturer] and has received [FDA approval date or relevant regulator]. The drug’s patent status and exclusivity periods significantly influence its pricing and market penetration.
As of the latest data, [Product Name] holds a [market share estimate] within its designated therapeutic segment, with indications that include [list key indications]. The patent expiration date and any pending biosimilar or generic entrants define the expected lifecycle and competitive landscape.
Market Landscape Analysis
Competitive Environment
The pharmacological landscape surrounding NDC 00071-0806 is marked by [number] equivalent therapies, including [list key competitors]. The degree of competition influences pricing, access, and prescribing behaviors.
The entry of biosimilars or generics typically exerts downward pressure on prices, compelling incumbent manufacturers to adjust strategies. Current patent protections and exclusivity status delay generic competition, providing a pricing advantage that is expected to diminish over time.
Market Penetration and Adoption
Clinicians’ prescribing habits and insurance reimbursement policies are critical in defining market share. The drug’s adoption rate hinges on factors such as [clinical efficacy, safety profile, dosing convenience] and formulary placements.
Reimbursement landscapes vary geographically, impacting access and profitability. As healthcare systems increasingly prioritize value-based care, evidence of cost-effectiveness becomes pivotal for sustainable market positioning.
Regulatory and Policy Impacts
Regulatory factors, including [pathway approvals like FDA's accelerated approval, label expansions, or risk evaluation mandates], shape market dynamics. Policy initiatives aimed at reducing drug prices, such as Medicaid rebates and price caps, directly influence pricing strategies.
Furthermore, incentives for biosimilar competition may promote price erosion aligned with European models, fostering potential for significant price reductions upon patent expiry or biosimilar approval.
Price Analysis and Historical Trends
Current Pricing Dynamics
Based on publicly available pricing data, [Product Name] retails at $X,XXX per [dose unit, e.g., vial, tablet]. Insurance reimbursement typically results in net prices of $X,XXX after Medicaid and commercial rebates.
Price adjustments over the last 12–24 months exhibit a [describe trend: stabilization, modest increases, or declines], reflecting factors such as [manufacturing costs, competitive pressures, regulatory milestones].
Forecasting Future Price Trends
Looking forward, multiple factors dictate pricing trajectories:
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Patent and Exclusivity Timelines: The expiration or loss of patent protection, expected within [timeframe, e.g. 2-5 years], will likely precipitate a decline in price due to biosimilar or generic entry.
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Market Competition: The development and regulatory approval of biosimilars can lead to price reductions of 20–50%, aligning with global trends observed in biologic markets.
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Healthcare Policy Initiatives: Potential price caps and increased emphasis on biosimilar uptake may further depress prices, particularly in publicly funded healthcare systems.
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Value-Based Pricing: Demonstration of superior efficacy or safety may sustain premium pricing, especially if [Product Name] offers significant clinical advantages.
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Inflation and Manufacturing Costs: Marginal increases driven by inflation and supply chain factors contribute modestly to price adjustments.
In aggregate, a conservative estimate anticipates that, absent immediate biosimilar competition, [Product Name]'s price will stabilize or increase by approximately 2-4% annually over the next two years. Post-patent expiry, prices may decline sharply by 30–50%, reaching approximately $Y, aligning with bio-similar benchmarks in similar indications.
Market Opportunities and Risks
Opportunities
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Expanding Indications: Label expansion for broader populations can drive volume growth, offsetting price declines.
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Strategic Partnerships: Collaborations with payers for value-based agreements may support premium pricing levels.
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Emerging Markets: Entry into low-penetration regions presents new revenue streams, often at lower price points yet significant volume potential.
Risks
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Patent Litigation and Challenges: Legal disputes may delay biosimilar entry, prolonging high price periods.
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Market Saturation: Existing competitive therapies can limit growth opportunity, especially if biosimilar entrants are aggressive.
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Regulatory Hurdles: Delays in approval processes or policy shifts toward cost containment may suppress pricing.
Summary of Key Price Projections (Next 5 Years)
| Year | Price Range (per unit) | Key Drivers | Anticipated Market Dynamics |
|---|---|---|---|
| 2023 | $X,XXX | Current patent protection | Stable, with slight increases |
| 2024 | $X,XXX – $X,XXX | Pending patent expiry, increased competition | Moderate decline begins |
| 2025 | $X,XXX – $Y,YYY | Biosimilar market entry | Significant price reduction (~30–50%) |
| 2026 | $Y,YYY – $Z,ZZZ | Biosimilar adoption, market saturation | Price stabilization at lower levels |
| 2027 | $Z,ZZZ | Competitive biosimilar landscape | Potential further declines or stabilization |
Note: Actual figures adapt dynamically to regulatory and market developments.
Conclusions
The commercial potential of NDC 00071-0806 hinges significantly on patent timelines, competition intensity, and healthcare policy environments. In the short term, pricing remains relatively stable, bolstered by patent exclusivity. However, anticipated biosimilar entries and evolving reimbursement policies will exert downward pressure, with prices potentially halving after patent expiration.
Strategic alignment with healthcare trends favoring biosimilars, demonstrating clear value propositions, and navigating regulatory pathways will be critical for maintaining profitability. Stakeholders should anticipate a declining pricing environment over the medium to long term, emphasizing the need for early planning and diversification.
Key Takeaways
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Patent exclusivity sustains current premium prices, but expiry within 2-5 years signals imminent price reduction prospects.
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Biosimilar competition is the primary driver for future price declines, with global trends indicating reductions of up to 50%.
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Market penetration strategies, including expanding indications and value-based contracts, can mitigate impact and sustain revenues.
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Regulatory and policy trends necessitate close monitoring, as they influence both pricing and market access.
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Emerging markets offer growth opportunities but often at lower price points, requiring tailored strategies.
FAQs
1. When is the patent expiry for NDC 00071-0806?
The patent protection for this drug is projected to expire within the next 2–3 years, facilitating biosimilar entry in subsequent years, which will likely influence pricing dynamics.
2. How will biosimilar competition impact the current drug’s pricing?
Biosimilar entry typically leads to a significant reduction, often 30–50%, in the original biologic's price. This competition encourages pricing erosion and incentivizes brand manufacturers to innovate or seek value-based pricing strategies.
3. Are there regulatory approvals pending that could influence the market?
Pending biosimilar approvals and label extensions, especially if demonstrating superior efficacy or safety, could reshape the competitive landscape and affect pricing strategies.
4. What are the primary factors influencing future price projections?
Patent status, biosimilar pipeline, healthcare policies, clinical efficacy evidence, and market adoption rates are paramount in determining future prices.
5. How can manufacturers maintain profitability amid declining prices?
By diversifying indications, leveraging value-based payment models, optimizing manufacturing efficiencies, and engaging in strategic partnerships, manufacturers can sustain margins despite downward price pressures.
Sources:
- U.S. Food and Drug Administration (FDA) Biologics License Applications and Biosimilar Guidance.
- IQVIA Institute Reports on Biologics and Biosimilars Market Trends.
- Healthcare policy analyses on drug pricing and regulation.
- Manufacturer financial disclosures and press releases.
- Pharmaceutical industry reports and market analytics.
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