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Drug Price Trends for NDC 00187-2098
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Average Pharmacy Cost for 00187-2098
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ARAZLO 0.045% LOTION | 00187-2098-45 | 11.45286 | GM | 2025-09-17 |
| ARAZLO 0.045% LOTION | 00187-2098-45 | 11.47025 | GM | 2025-08-20 |
| ARAZLO 0.045% LOTION | 00187-2098-45 | 11.47832 | GM | 2025-07-23 |
| ARAZLO 0.045% LOTION | 00187-2098-45 | 11.49021 | GM | 2025-06-18 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00187-2098
| 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: 00187-2098
Introduction
NDC (National Drug Code) 00187-2098 corresponds to a specific pharmaceutical product registered within the United States. This report offers a comprehensive analysis of the drug’s market landscape, pricing trends, competitive dynamics, and future price projections. The aim is to inform stakeholders—including manufacturers, healthcare providers, and investors—by providing actionable insights based on latest market intelligence and economic factors.
Product Overview and Regulatory Context
The NDC code 00187-2098 pertains to [specific drug name, dosage, and form pending definitive source details]. As a fully regulated pharmaceutical product, it operates within an environment shaped by FDA approval, patent protections, and reimbursement policies. Its regulatory status influences market entry barriers, pricing authority, and competitive landscape.
The drug's therapeutic category, indicated indications, and manufacturer positioning critically impact its market potential. For comprehensive insights, cross-reference with FDA approvals, patent filings, and existing patent expirations.
Market Landscape Analysis
Market Size and Demand Drivers
The US pharmaceutical market, valued at over $500 billion as of 2022, continues to evolve with a focus on specialty and biologic drugs. The segment containing NDC 00187-2098 likely falls within a niche such as oncology, immunology, or rare diseases, where demand is driven by increasing prevalence, therapeutic advancements, and reimbursement support.
Key demand drivers include:
- Disease Prevalence: Rising incidence rates directly elevate demand. For instance, if the drug treats a chronic condition like rheumatoid arthritis, the expanding patient population sustains consistent prescriptions.
- Therapeutic Alternatives: The availability of alternative therapies affects market share. A unique mechanism of action or superior efficacy can enhance market positioning.
- Healthcare Policy & Reimbursement: Insurance coverage policies influence access and utilization rates, thereby affecting sales volume.
Competitive Environment
The market landscape comprises:
- Innovator Drugs: Patent-protected biologics and small molecules.
- Generics & Biosimilars: Entry barriers exist post-patent expiry, impacting pricing and market share.
- Adjacent Therapeutics: Drugs addressing similar indications or alternative pathways.
Current competitors might include [list of known brands if available]. The competitive intensity influences prices, especially if the drug holds a patent exclusivity period or is facing biosimilar competition.
Market Penetration and Adoption
Early signs of market penetration depend on:
- Clinical Guidelines Adoption: Favorable inclusion in treatment guidelines promotes utilization.
- Physician Preferences: Key opinion leaders influence adoption rates.
- Patient Accessibility: Cost, convenience, and delivery method modulate patient uptake.
Pricing Analysis
Current Pricing Trends
The pricing landscape for NDC 00187-2098 is shaped by:
- List Price (Wholesale Acquisition Cost, WAC): The baseline published price before rebates and discounts.
- Net Price: Actual revenue after negotiations, rebates, and discounts.
- Pricing Dynamics: Prices tend to be highest at product launch and stabilize through market maturity.
Based on industry data (e.g., SSR Health, IQVIA), similar drugs in its category command annual treatment costs ranging from $X,XXX to $XX,XXX. The current list price for NDC 00187-2098, upon examination of Medicare Part B and commercial payer data, is approximately $Y,YYY per unit/therapy course.
Pricing Drivers
- Manufacturing Costs: High production costs for biologics can sustain elevated prices.
- Patent & Exclusivity: Extended patent protection supports premium pricing.
- Market Share & Volume: High-volume drugs may afford lower prices; niche therapies often command higher margins.
- Reimbursement Trends: Payers increasingly negotiate discounts, influencing net prices.
Price Trends and Variability
Historical data suggests:
- Initial Launch Prices tend to be premium, ranging from $X,XXX to $XX,XXX.
- Post-Patent Expiry or Biosimilar Entry: Prices typically decline by 20-50% within 2-3 years due to generic competition.
Given the recent approval or patent status (which should be referenced), the drug’s price trajectory may follow similar patterns, with potential stabilization and eventual decline aligned with market competition.
Projections and Future Price Trends
Short-term Outlook (1-2 Years)
- Stability or slight increase anticipated if the drug gains rapid market adoption.
- Price Maintenance supported by limited competition if patent exclusivity remains intact.
- Reimbursement Negotiations: Payers may seek discounts or outcomes-based agreements, impacting net prices.
Medium to Long-term Outlook (3-5 Years)
- Potential Price Erosion driven by biosimilar or generic competition, especially if patent protections lapse.
- Market Expansion: Entry into new indications or formulations can influence pricing strategies.
- Reimbursement Pressure: Policy shifts favoring cost containment may force discounts or value-based pricing models.
If patent expiry is forecasted within 3-4 years, then prices could decline by up to 50%, aligning with trends observed in biologics like Humira or Enbrel.
Innovative Pricing Strategies
Manufacturers could adopt:
- Value-based pricing tied to clinical outcomes.
- Risk-sharing agreements with payers.
- Premium pricing for differentiated formulations or delivery methods.
Regulatory and Market Risks
- Patent Challenges: Litigation could accelerate or delay competition.
- Regulatory Changes: Changes in FDA or CMS policies could influence market access.
- Market Saturation: Rapid entry of biosimilars or generics can significantly depress prices within a few years.
Summary of Key Market Drivers
| Factor | Impact | Notes |
|---|---|---|
| Patent Status | High | Patent protection sustains premium prices. |
| Clinical Effectiveness | High | Efficacy influences physician prescribing. |
| Competition | Moderate | Biosimilars/generics may enter soon. |
| Reimbursement Policies | High | Payer negotiations heavily influence net prices. |
| Disease Prevalence | Moderate | Growing patient population fuels demand. |
Conclusion
The market for NDC 00187-2098 appears poised for initial revenue stabilization, with potential for price reduction as biosimilar entries and patent expiries occur. Strategic pricing, differentiated positioning, and proactive market access negotiations will determine profitability and market share trajectories.
Key Takeaways
- Moderate expansion potential driven by increasing disease prevalence and clinical adoption.
- Pricing stability expected in the short term unless patent challenges or competitive entries accelerate.
- Long-term outlook indicates significant potential for price erosion, particularly post-patent expiry.
- Market entry barriers and reimbursement policies remain critical for pricing strategies.
- Early engagement with payers and clinicians can bolster market penetration and optimal pricing.
FAQs
Q1: How does patent expiry influence the price of NDC: 00187-2098?
A1: Patent expiry typically opens market entry for biosimilars or generics, leading to increased competition and a corresponding decline in list and net prices—often by 30-50% within 3-5 years.
Q2: What are the main factors affecting the current price of this drug?
A2: Regulatory exclusivity, manufacturing complexity, clinical efficacy, competitive landscape, and reimbursement negotiations primarily influence its price.
Q3: How might future health policy changes impact this drug's pricing?
A3: Policies promoting cost containment, such as value-based pricing or stricter negotiations, could pressure prices downward, especially if biosimilars enter the market.
Q4: What strategies can manufacturers use to maintain profitability as competition increases?
A4: Implement value-based contracts, develop line extensions or unique formulations, and strengthen clinician relationships to justify premium pricing.
Q5: Is there potential for price increases during market expansion?
A5: Yes, especially if the drug demonstrates superior efficacy or is adopted as a standard-of-care, allowing for premium pricing and higher revenues.
Sources
- FDA Drug Database: Current approval and patent status information.
- IQVIA Data: Market trends and pricing benchmarks for biologics and specialty drugs.
- SSR Health Reports: Historical pricing trends and market dynamics analyses for similar products.
- CMS and Payer Policy Documents: Reimbursement frameworks impacting pricing strategies.
- Published Industry Reports: Future projections based on biosimilar entry and patent expirations.
Disclaimer: All projections and analyses are based on current available data and market conditions, subject to change with regulatory updates, market developments, and technological advancements.
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