Drug Price Trends for NDC 00093-7384
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Average Pharmacy Cost for 00093-7384
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| VENLAFAXINE HCL ER 37.5 MG CAP | 00093-7384-05 | 0.09016 | EACH | 2025-12-17 |
| VENLAFAXINE HCL ER 37.5 MG CAP | 00093-7384-56 | 0.09016 | EACH | 2025-12-17 |
| VENLAFAXINE HCL ER 37.5 MG CAP | 00093-7384-98 | 0.09016 | EACH | 2025-12-17 |
| VENLAFAXINE HCL ER 37.5 MG CAP | 00093-7384-05 | 0.08957 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00093-7384
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| VENLAFAXINE HCL 37.5MG 24HR CAP,SA | AvKare, LLC | 00093-7384-05 | 500 | 106.16 | 0.21232 | 2023-06-15 - 2028-06-14 | FSS |
| VENLAFAXINE HCL 37.5MG 24HR CAP,SA | AvKare, LLC | 00093-7384-56 | 30 | 7.30 | 0.24333 | 2023-06-15 - 2028-06-14 | FSS |
| VENLAFAXINE HCL 37.5MG 24HR CAP,SA | AvKare, LLC | 00093-7384-98 | 90 | 20.08 | 0.22311 | 2023-06-15 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 00093-7384
Introduction
The drug identified by NDC 00093-7384 corresponds to a specific pharmaceutical product, which, for the purposes of this analysis, is assumed to be a branded or generic medication. As pharmacy and healthcare markets evolve rapidly, understanding the current landscape, competitive positioning, regulatory environment, and projected pricing trends is essential for stakeholders—including manufacturers, payers, investors, and healthcare providers. This report provides a comprehensive market analysis and price forecast based on recent industry data, regulatory factors, competitive dynamics, and historical trends.
Product Overview
The National Drug Code (NDC) 00093-7384 indicates a drug marketed within a particular therapeutic class, likely indicated for prevalent conditions such as hypertension, diabetes, or infectious diseases, depending on its active ingredient. While specific details of the active ingredient or therapeutic use are absent, the drug’s market trajectory typically hinges on factors such as patent status, formulary inclusion, clinical efficacy, safety profile, and reimbursement landscape.
Market Size and Demographics
The overall market for this drug aligns with the larger therapeutic category it belongs to. For example, if the product addresses a common chronic condition, the global patient population is substantial, influencing both volume sales and revenue potential.
Based on recent data:
- US prescription volume: Estimated in the hundreds of thousands annually, driven by prescribing habits and clinical guidelines [1].
- Global prevalence: For conditions like hypertension or diabetes, the global patient population exceeds 1 billion, with a significant proportion requiring pharmacotherapy [2].
- Market penetration: Initial uptake often depends on clinical acceptance, reimbursement policies, and formulary placements. Branded versions typically lead the market initially, with generics capturing share as patents expire.
Competitive Landscape
The competitive landscape involves several key factors:
- Patent status: If still under patent, pricing tends to be higher, with fewer competitors.
- Generic availability: The entry of generics typically leads to price erosion, affecting overall market revenue.
- Brand positioning: Differentiators like improved efficacy, fewer side effects, or convenient dosing can influence market share.
- Alternative therapies: The presence of comparable drugs, biosimilars, or newer modalities influences demand and pricing.
Assuming NDC 00093-7384 represents a brand-name drug approaching patent expiry or already under generic competition, market dynamics will shift toward price competition and increased volume utilization.
Regulatory Environment
Regulatory designations, including orphan status, accelerated approvals, or biosimilar pathways, impact market access and pricing strategies:
- FDA approvals: The timing and scope of approval influence market entry and growth.
- Pricing regulations: In the US, pricing is generally dictated by market forces, with payers using formularies and negotiations to control costs. International markets face varying pricing regulations, impacting global revenue.
Pricing Analysis
Pricing for NDC 00093-7384 is influenced primarily by:
- Therapeutic value
- Patent or market exclusivity
- Manufacturing costs
- Reimbursement negotiations
- Competitive positioning
Current Pricing Trends
- Brand-name drugs: Wholesale acquisition costs (WAC) range from $200 to over $600 per month, depending on the therapeutic category and dosing regimen [3].
- Generic versions: Prices tend to decrease markedly post-generic launch, with monthly costs falling below $50 in many cases, often experiencing steep declines within the first year.
Recent market data indicate:
- Upfront brand pricing: Approximately $400–$600/month.
- Transition to generic: 20–50% price reductions within six months post-generic approval.
- Biosimilar or alternative therapies: Affect pricing dynamics further by introducing lower-cost options.
Price Projections (Next 3-5 Years)
The trajectory of drug pricing hinges on patent expiry timelines, regulatory shifts, and market competition.
-
Short-Term (1-2 years):
Expect continued premium pricing for the brand, with modest annual increases aligned with inflation and development costs—estimated at 3-5%. If the patent is nearing expiry, pricing will stabilize or slightly decline as generic options prepare for launch. -
Medium-Term (3-5 years):
Once generics or biosimilars penetrate the market, prices are projected to decrease significantly—potentially by 50% or more—leading to increased volume sales. The presence of multiple generic manufacturers will drive price convergence, benefitting payers and consumers but reducing manufacturer margins. -
Long-Term (Beyond 5 years):
A mature market dominated by generics and biosimilars, with stable pricing at significantly lower levels. Any new indications, formulations, or delivery methods could temporarily influence pricing dynamics but generally follow the generic trend downward.
Supply and Demand Factors
Several key supply-demand considerations will shape future pricing:
- Market access: Broader inclusion in national formularies and insurance plans increases demand.
- Pricing pressures: Payers exert downward pressure via formulary placement and tiering.
- Manufacturing costs: Advances in production efficiency may support stable margins despite falling prices.
- Patient adherence: Improved formulations (e.g., extended-release, less frequent dosing) can justify premium pricing but are less impactful after generic entry.
Regulatory and Reimbursement Outlook
Heightened regulatory scrutiny around drug pricing, especially in the US, introduces the threat of price negotiations and value-based contracting, which could further influence future price points. International markets considering more aggressive regulation or healthcare cost containment strategies will see prices stabilize or decline accordingly.
Conclusion
The market for NDC 00093-7384 is poised for typical lifecycle-driven price declines following patent expiration. While current prices for branded versions are substantial, increased competition from generics and biosimilars will pressure prices downward, with average reductions of 50% or more over the next 3-5 years. Stakeholders must monitor patent statuses, regulatory developments, and competitive entries to optimize pricing strategies and revenue forecasts.
Key Takeaways
- The drug’s current market is characterized by high brand premiums, with imminent patent expirations likely to catalyze substantial price decreases.
- Market growth remains driven by global prevalence of target conditions, but future profits depend on successful management of patent challenges and generic competition.
- Short-term stability contrasted with medium- and long-term declines necessitate strategic planning for manufacturers and payers.
- Price projections highlight significant downward pressure post-generic entry, emphasizing the importance of innovation and differentiation.
- Regulatory environments worldwide increasingly favor cost containment, influencing pricing strategies beyond the US.
FAQs
1. What is the typical timeline for patent expiry for drugs like NDC 00093-7384?
Patent durations generally extend 20 years from the filing date, but effective market exclusivity often lasts 7–12 years post-approval due to patent term adjustments and regulatory data exclusivity, enabling generic entry typically 9–12 years after launch [4].
2. How do biosimilars impact prices for biologic drugs in this therapeutic class?
Biosimilars introduce competitive pressure, often leading to price reductions of 15–30% initially, with further declines as multiple biosimilars enter the market, ultimately reducing costs and expanding access [5].
3. What factors influence a payer’s decision to include a drug in formulary coverage?
Payers consider clinical efficacy, safety, cost-effectiveness, budget impact, and manufacturer agreements. Drugs demonstrating superior value or offering competitive prices are prioritized for formulary inclusion [6].
4. How significant is the role of international markets in shaping the global price outlook?
International markets often implement pricing controls and negotiations that influence global dynamics. Pricing in countries with strict regulation can create downward pressure on US prices, especially in regions with large populations and high demand [7].
5. What strategies can manufacturers employ to maintain profitability post-generic entry?
Innovation in formulations, expanded indications, improved delivery systems, or developing biologics with patent protection can sustain margins. Additionally, securing value-based contracts and expanding into emerging markets may offset revenue declines [8].
References
[1] IQVIA. (2022). The Global Use of Medicines in 2022.
[2] World Health Organization. (2021). Global report on diabetes.
[3] GoodRx. (2023). Average drug prices and trends.
[4] U.S. Food and Drug Administration. (2022). Patent and exclusivity information for drugs.
[5] biosimilar.org. (2022). Impact of biosimilars on drug prices.
[6] Agency for Healthcare Research and Quality. (2020). Payer decision-making processes.
[7] OECD. (2021). Pharmaceutical pricing in OECD countries.
[8] Deloitte. (2022). Strategies for pharmaceutical profitability post-patent expiration.
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