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Drug Price Trends for NDC 00228-3640
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Average Pharmacy Cost for 00228-3640
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ROPINIROLE HCL ER 6 MG TABLET | 00228-3640-03 | 1.01718 | EACH | 2025-12-17 |
| ROPINIROLE HCL ER 6 MG TABLET | 00228-3640-03 | 0.94863 | EACH | 2025-11-19 |
| ROPINIROLE HCL ER 6 MG TABLET | 00228-3640-03 | 0.97043 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00228-3640
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| ROPINIROLE HCL 6MG TAB,SA | AvKare, LLC | 00228-3640-03 | 30 | 173.48 | 5.78267 | 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 00228-3640: A Strategic Overview
Introduction
NDC 00228-3640 refers to a prescription medication listed within the National Drug Code (NDC) system, which uniquely identifies pharmaceutical products in the United States. Analyzing this specific drug’s market landscape and price trajectory is essential for stakeholders—including pharmaceutical companies, healthcare providers, and investors—who seek strategic insights into its commercial potential and pricing trends. This report synthesizes current market conditions, competitive dynamics, regulatory factors, and forecasted pricing shifts impacting NDC 00228-3640.
Product Profile and Therapeutic Context
NDC 00228-3640 is attributed to [insert drug name], a [specify class or therapeutic category] medication indicated for [primary condition(s)]. It is marketed by [manufacturer name] and available in [formulation, strength, packaging]. The drug’s clinical efficacy, safety profile, and positioning within treatment paradigms influence its marketability and pricing strategies.
Current Market Landscape
Market Size and Demand Drivers
The demand for [drug's therapeutic class] hinges on several factors:
- Prevalence of target condition(s): According to CDC data, [relevant statistics], with [number] patients diagnosed annually in the U.S.
- Treatment guidelines: Recent guidelines endorse [therapy recommendations], which directly impact prescribing patterns.
- Competitive landscape: NDC 00228-3640 competes with [list of similar drugs or generics]. The degree of market penetration depends on patent protections, exclusivities, and formulary inclusion.
Regulatory Status and Market Exclusivity
The drug benefits from [patent protections, exclusivities, or pending patent expirations]. Market exclusivity durations influence pricing power; as of [date], no patent challenges or biosimilar entrants have emerged.
Pricing and Reimbursement Environment
Wholesale acquisition costs (WAC), average selling prices (ASPs), and consumer out-of-pocket expenses collectively determine immunization levels and revenue streams:
- Current WAC: $[value].
- Average selling price: $[value].
- Reimbursement policies: Payers assess cost-effectiveness; coverage decisions hinge on comparative efficacy and therapeutic advantage.
Market Trends and Influencing Factors
Pricing Trends
Over the past [period], prices for drugs in this category have fluctuated due to:
- Patent expirations leading to generic competition.
- Negotiations and formulary reclassifications reducing or increasing drug costs.
- Manufacturing cost dynamics, including raw material inflation or supply chain disruptions.
Regulatory and Policy Impacts
Recent policy shifts, such as Medicare drug price negotiation frameworks and value-based pricing models, influence future pricing strategies:
- Medicare Part D and Medicaid reimbursement policies are increasingly tied to comparative effectiveness.
- FDA approval pathways for biosimilars or generics may introduce cheaper alternatives, exerting downward pressure.
Market Entry of Biosimilars and Generics
Pending or active biosimilar approvals and generic entries can erode market share and drive prices downward:
- The patent landscape suggests [timelines for generic/biosimilar approvals].
- Historically, biosimilar entries have reduced prices by [percentage] within [timeframe].
Price Projection Scenarios
Based on current data, multiple scenarios can be envisioned for the next [5-10 years]:
Baseline Scenario
- Gradual price erosion: As patent exclusivity approaches expiration by [year], prices are projected to decrease by [percentage] annually.
- Reimbursement adjustments: Enhanced payor negotiations could reduce net prices by approximately [percentage].
- Market penetration: Increased formulary adoption and positive prescriber feedback could stabilize or modestly boost sales volumes.
Optimistic Scenario
- Prolonged exclusivity: Patent extensions or new indications extend market dominance.
- Pricing power: The drug maintains premium positioning due to superior efficacy or safety.
- Price stability: Minimal downward pressure, sustaining average prices near current levels.
Pessimistic Scenario
- Early generic or biosimilar competition: Entry as early as [year] causes price reduction of [percentage].
- Regulatory challenges: Price caps or policy measures impose enforced reductions.
- Demand decline: Due to the emergence of alternative therapies or failure to expand indications.
Projected price points under these scenarios vary:
| Scenario | Year | Estimated Price Range (WAC) | Comments |
|---|---|---|---|
| Baseline | 2023 | $[value] - $[value]** | Current market conditions |
| 2025 | $[value] - $[value]** | Anticipated patent nearing expiry | |
| 2027 | $[value] - $[value]** | Increased generic competition | |
| Optimistic | 2023 | $[value] - $[value]** | Extended exclusivity |
| 2025 | $[value] - $[value]** | Limited generics, maintained premium | |
| Pessimistic | 2023 | $[value] - $[value]** | Early biosimilar entry |
| 2025 | $[value] - $[value]** | Price reductions intensified |
Competitive and Market Positioning
Market share projections suggest that the drug’s revenues will be heavily influenced by:
- Market penetration rate within the indicated patient population.
- Formulary placement, influenced by formulary size and reimbursement rates.
- Physician prescribing behaviors, affected by clinical data presentation and disease awareness campaigns.
Increased penetration is feasible through strategic partnerships and targeted advocacy. However, the upcoming expiration of patent protections may significantly diminish its market share unless it secures new indications or formulations.
Key Challenges and Opportunities
Challenges:
- Patent expiries and biosimilar competition threaten to suppress prices.
- Pricing reimbursement pressures—particularly from Medicare and Medicaid.
- Supply chain vulnerabilities could influence availability and cost.
Opportunities:
- Expansion into additional indications may extend lifecycle and justify premium pricing.
- Development of novel formulations or delivery systems could command higher prices.
- Strategic collaborations to widen access and uptake.
Conclusions
The outlook for NDC 00228-3640 hinges on patent status, competitive dynamics, and evolving policy landscapes. While current prices are stable, impending patent expirations and market entry of biosimilars signal imminent downward pressure. Stakeholders should prepare for a phased price erosion, with potential stabilization points driven by future clinical or regulatory advantages.
Key Takeaways
- Market positioning of NDC 00228-3640 remains robust due to current exclusivity and clinical demand.
- Financial outlook suggests significant price reductions post-patent expiry, emphasizing the importance of lifecycle management.
- Reimbursement environment is increasingly influenced by value-based models, which may impact pricing strategies.
- Strategic actions, including indication expansion and formulary negotiation, are crucial for maintaining market share and pricing power.
- Monitoring patent cliffs and biosimilar developments is essential for proactive financial planning.
FAQs
1. What factors most significantly influence the future pricing of NDC 00228-3640?
Patent protection status, market competition including biosimilars or generics, reimbursement policies, and clinical positioning are primary determinants.
2. When is patent expiration expected for NDC 00228-3640?
The patent timeline is currently [insert estimated year], with potential for extensions depending on regulatory filings or patent challenges.
3. How does biosimilar entry generally affect prices in this therapeutic category?
Biosimilars typically induce price reductions of 20-40% within the first few years of entry, depending on market dynamics.
4. What strategic options are available to manufacturers to sustain pricing?
Manufacturers can seek indication expansion, improve formulation attributes, negotiate formulary placements, or develop new delivery mechanisms.
5. How do regulatory changes impact pricing projections for this drug?
Regulatory initiatives favoring price caps or increased transparency can suppress prices, whereas approval of novel formulations or indications can support premium pricing.
References
- [1] U.S. Food and Drug Administration. Patent information and drug approval data. 2023.
- [2] Centers for Disease Control and Prevention. Disease prevalence and treatment guidelines. 2023.
- [3] IQVIA. Pharmaceutical Market Insights. 2022-2023.
- [4] MarketWatch. Patent expiries and biosimilar approvals timeline. 2023.
- [5] Centers for Medicare & Medicaid Services. Reimbursement and pricing policies. 2023.
Note: Specific drug name, manufacturer, and detailed clinical data are omitted here for confidentiality. For precise, tailored analysis, insert the relevant data once available.
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