Introduction to the Drug
The drug with the NDC code 00143-9505 is Cisplatin Injection, a cancer chemotherapeutic agent used in the treatment of various types of cancer. It is marketed by West-Ward Pharmaceuticals Corp and categorized under human prescription drugs. Cisplatin Injection is administered under the supervision of a qualified physician experienced in the use of cancer chemotherapeutic agents[2].
Drug Overview
Cisplatin Injection is a well-established treatment in cancer protocols, particularly for cancers such as testicular, ovarian, lung, bladder, and stomach cancers. Its efficacy and long-standing use have solidified its position in the oncology market.
Market Trends
AI and Health Tech
The pharmaceutical industry is expected to see increased adoption of AI in 2025, particularly in drug discovery, therapy development, and clinical trial design. While AI is likely to impact the development of new drugs, its immediate effect on the pricing of existing generic drugs like Cisplatin Injection is minimal[2].
Personalized Medicine
The growth of personalized medicine, driven by advances in genomics and biomarkers, is leading to more precise treatment options. Although this trend may not directly impact the pricing of Cisplatin Injection, it could influence the broader cancer treatment landscape by offering alternative or complementary treatments[5].
Price Projections
Inflation Impact
The overall drug price inflation rate projected for 2025 is 3.81%. For Cisplatin Injection, this is expected to result in a moderate price increase, aligning with this general trend. However, the impact may be tempered by market dynamics[2].
Competition
Pricing pressures from generic and biosimilar competition are significant factors in the pharmaceutical market. These pressures may mitigate significant price increases for Cisplatin Injection, as competitors offer alternative treatments at potentially lower prices[2].
Market Stability
The established role of Cisplatin Injection in cancer treatment protocols suggests stable demand. This stability in demand can support relatively stable pricing, despite other market fluctuations[2].
Estimated Price Range
Based on the factors mentioned above, the price of Cisplatin Injection might increase by around 2-4% in 2025. This estimate reflects the general inflation trend and the competitive market dynamics.
Current Pricing
As of recent data, the price per unit for Cisplatin Injection (NDC 00143-9505) is approximately $0.136 per milliliter for a 100ml vial, with prices varying slightly depending on the vendor and the specific packaging[2].
Vendor Pricing
Different vendors may offer the drug at slightly different prices. For example, Hikma Pharmaceuticals USA Inc. lists the price for a 100ml vial at $13.60, which translates to $0.136 per milliliter[2].
Regulatory and Policy Landscape
Changes in policy and regulatory environments can significantly impact drug pricing. In 2025, strategic planners will need to analyze the policy positions of newly elected governments and their potential impact on health policies, tariffs, taxes, and M&A oversight. These factors can accelerate changes in the pharmaceutical market and influence pricing strategies[5].
Key Takeaways
- Established Market Presence: Cisplatin Injection is a widely used cancer chemotherapeutic agent with a stable market presence.
- Digital Transformation: The life sciences industry is expected to see significant digital transformation and innovation in 2025, though this may not directly impact the pricing of existing generic drugs.
- Inflation Rate: The projected drug price inflation rate for 2025 is 3.81%, which may result in a moderate price increase for Cisplatin Injection.
- Competition: Pricing pressures from generic and biosimilar drugs will continue to influence pricing dynamics.
- Stable Demand: The demand for Cisplatin Injection is likely to remain stable due to its efficacy in cancer treatment.
FAQs
What is the NDC code for Cisplatin Injection?
The NDC code for Cisplatin Injection is 00143-9505[2].
Who is the packager for Cisplatin Injection?
The packager for Cisplatin Injection is West-Ward Pharmaceuticals Corp[2].
What is the projected drug price inflation rate for 2025?
The projected drug price inflation rate for 2025 is 3.81% according to Vizient, Inc.[2].
How is AI expected to impact the pharmaceutical industry in 2025?
AI is expected to increase its presence in standard operations such as clinical development, drug discovery, and personalized medicine, among other areas[2].
What are the main factors influencing the pricing of Cisplatin Injection in 2025?
The main factors include general drug price inflation, competition from generic and biosimilar drugs, and the stable demand due to its established role in cancer treatment protocols[2].
Highlight: Impact of AI on Drug Development
"AI-driven drug discovery, therapy development, and clinical trial design could lead to more efficient and cost-effective treatments. However, these advancements are more likely to impact the development of new drugs rather than the pricing of existing generic drugs like Cisplatin Injection."[2]
Conclusion
The market analysis and price projections for Cisplatin Injection indicate a stable yet slightly increasing price trend in 2025, influenced by general inflation rates, competitive market dynamics, and stable demand. As the pharmaceutical industry continues to evolve with technological advancements and policy changes, the pricing of drugs like Cisplatin Injection will remain a critical area of focus for both manufacturers and consumers.
Key Takeaways
- Moderate Price Increase: Expected price increase of 2-4% due to inflation and market dynamics.
- Stable Demand: Continued stable demand due to its established role in cancer treatment.
- Competition: Pricing pressures from generic and biosimilar drugs.
- AI and Health Tech: Minimal immediate impact on pricing but significant potential for future drug development.
- Regulatory Landscape: Policy changes and regulatory environments may influence pricing strategies.
Sources
- DrugPatentWatch - Latest drug prices and trends for NDC 00143-9505.
- DrugPatentWatch - Introduction to the Drug, Drug Overview, Future Predictions and Trends, Price Projections.
- GAO-10-201 - Brand-Name Prescription Drug Pricing.
- DailyMed - Label: ALBUTEROL SULFATE solution.
- PwC - Pharma industry trends: Meeting the moment.
