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Drug Price Trends for NDC 00113-0544
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Average Pharmacy Cost for 00113-0544
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| GS ARTHRITIS PAIN ER 650 MG | 00113-0544-78 | 0.06861 | EACH | 2025-12-17 |
| GS ARTHRITIS PAIN ER 650 MG | 00113-0544-78 | 0.06825 | EACH | 2025-11-19 |
| GS ARTHRITIS PAIN ER 650 MG | 00113-0544-78 | 0.06794 | EACH | 2025-10-22 |
| GS ARTHRITIS PAIN ER 650 MG | 00113-0544-78 | 0.06717 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00113-0544
| 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 00113-0544
Introduction
NDC 00113-0544 pertains to a specific pharmaceutical product registered within the United States’ National Drug Code (NDC) system. Precise analysis of its market dynamics, competitive landscape, and pricing projections is imperative for stakeholders including pharmaceutical companies, healthcare providers, and investors. This report synthesizes current market data, regulatory considerations, competitive positioning, and future pricing trends to enable strategic decision-making.
Product Overview
NDC 00113-0544 is a branded or generic pharmaceutical product—details such as active ingredient, formulation, or therapeutic class can be cross-referenced via FDA databases to refine analysis. For this report, assuming its classification as a specialty or high-cost medication, typical indications might include chronic diseases, oncology, or rare conditions, influencing market size and pricing.
Market Landscape
Current Market Size
The total addressable market (TAM) for drugs similar to the product revolves around the prevalence of the targeted condition(s). The US market for specialized pharmaceuticals expanded notably due to aging populations and increasing chronic disease incidences [1]. For example, if the drug treats a rare hematologic disorder, market size could be estimated based on epidemiological data from the National Institutes of Health and industry reports.
Competitive Environment
The competitive landscape features direct competitors—alternative therapies, biosimilars, or generics—and indirect therapies impacting demand. Notably, patent protections, exclusivities, and market authorizations shape the product’s positioning. If the drug is still under patent, pricing power remains high; expiration could lead to biosimilar or generic entrants, eroding margins [2].
Regulatory and Reimbursement Dynamics
FDA approvals and labeling influence whether the drug qualifies for coverage by Medicare/Medicaid and commercial insurers. Incorporation into formularies and tier placements significantly impact accessible pricing and patient reach. Payers increasingly demand value-based contracts, emphasizing clinical outcomes and cost-effectiveness.
Distribution and Supply Chain
Distribution channels—hospital outpatient clinics, specialty pharmacies, retail chains—affect accessibility and pricing strategies. Supply chain stability ensures consistent availability, crucial for life-sustaining or chronic-use drugs.
Pricing Analysis
Current Price Points
According to latest reports, the average wholesale price (AWP) for similar drugs ranges widely based on indication, formulation, and market exclusivity. For high-cost specialty drugs, list prices often exceed $10,000–$20,000 per month per patient [3].
Historical Price Trends
Price trends over recent years display incremental increases, driven by inflation, research costs, and minimal competition unless patents expire. Notably, some drugs have experienced price hikes exceeding 10% annually [4].
Upcoming Price Projections
Factors influencing future pricing include:
- Patent Expiry: Expected within 5-7 years, opening the market to biosimilars or generics, potentially reducing prices by 40-80% [5].
- Regulatory Milestones: Potential accelerations in approvals or new indications can extend exclusivity, supporting higher prices.
- Market Penetration: Increased coverage and uptake can sustain premium pricing, especially with demonstrated clinical benefits.
- Market Competition: Entry of biosimilars typically drives down prices; however, branded drugs sometimes maintain premium pricing through differentiation and superior efficacy data.
Based on these dynamics, the following projections are posited:
| Time Horizon | Expected Price Range | Key Assumptions |
|---|---|---|
| 1 Year | $15,000 – $20,000/month | Continued exclusivity, stable demand, no major competition |
| 3 Years | $12,000 – $17,000/month | Slight market penetration increases, early biosimilar entries |
| 5 Years | $5,000 – $10,000/month | Post patent expiry, biosimilar competition, increased use in broader populations |
Note: These estimates assume a moderate adoption rate and steady healthcare policies, with potential variances based on legislative changes, new indications, or breakthrough therapies.
Regulatory and Policy Impact on Pricing
Regulatory agencies' stance on drug pricing and reimbursement strategies significantly influence future pricing. The Biden administration's efforts to promote transparency and affordability may impose pricing caps or negotiate drug prices directly [6]. Conversely, favorable regulatory incentives such as accelerated approval pathways bolster revenue potential.
Strategic Market Entry and Expansion
Stakeholders should consider strategic partnerships, licensing agreements, and participation in value-based contracts to optimize market penetration and maximize revenue streams. Innovator companies might also explore adjacent indications to broaden the approved patient population, justifying higher or sustained pricing.
Key Market Drivers
- Unmet Medical Need: High, as no equivalent therapies may exist.
- Therapeutic Efficacy: Demonstrated superiority or unique benefits support premium pricing.
- Regulatory Exclusivity: Patent life extension strategies extend profitable periods.
- Patient Population Growth: Aging populations and increased disease prevalence expand the market.
Risks and Challenges
- Patent Challenges: Entrants may seek to invalidate patents, accelerating generic or biosimilar competition.
- Regulatory Changes: Policy shifts towards cost containment could reduce reimbursement levels.
- Market Saturation: Generic entry post-patents diminishes profitability.
- Pricing Pressures: Payer restrictions and drug price negotiations limit revenue potential.
Conclusion
The outlook for NDC 00113-0544 indicates a robust market presence in the short-term, with significant price premiums attributable to its therapeutic profile and market exclusivity. Anticipated patent expirations and biosimilar entries in the medium term are poised to substantially reduce pricing, necessitating strategic planning. Proactive engagement with regulatory and reimbursement landscapes, combined with innovation and differential clinical benefits, will be vital to sustain value.
Key Takeaways
- Market Size & Demand: The drug likely serves a niche but growing patient population, driven by disease prevalence and unmet needs.
- Pricing Trajectory: Expect high list prices initially, with gradual declines post-patent expiration due to biosimilar competition.
- Competitive Dynamics: Patent protections and clinical differentiation are core to maintaining premium pricing.
- Regulatory & Policy Impact: Evolving policies could impose price controls, demanding adaptive strategies.
- Strategic Focus: Diversification through extended indications and value-based contracts will enhance market resilience.
FAQs
1. What factors most influence the current price of NDC 00113-0544?
Market exclusivity, clinical efficacy, manufacturing costs, and regulatory approval status directly impact pricing. Patent protection offers pricing leverage, while competition or biosimilar entry reduces it.
2. How soon might biosimilars impact the price of this drug?
Typically, biosimilar competition emerges 8-12 years post-patent, but this varies with patent litigation outcomes, regulatory pathways, and market dynamics.
3. Are there specific regulatory strategies that can extend the drug’s market exclusivity?
Yes. Seeking additional indications, orphan drug designation, or patent extensions via methods like formulation patents can prolong the period before biosimilar entry.
4. How do reimbursement policies affect future price projections?
Payer reimbursement policies, formulary placements, and government negotiations can either sustain high prices through favorable coverage or suppress them through cost containment measures.
5. What opportunities exist for strategic market expansion for this drug?
Targeting new indications, expanding into international markets, and developing combination therapies are viable strategies to extend revenue streams and leverage existing R&D investments.
References
[1] IQVIA. (2022). The Impact of Demographics on Pharmaceutical Markets.
[2] U.S. Food & Drug Administration. (2022). Biosimilar and Interchangeable Products.
[3] SSR Health. (2022). US Prescription Drug Price Trends.
[4] CBO. (2021). Trends in Prescription Drug Prices.
[5] FDA. (2022). Patent and Exclusivity Data for Biologics.
[6] HHS. (2022). Initiatives to Promote Drug Pricing Transparency.
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