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Drug Price Trends for NDC 00472-0370
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Average Pharmacy Cost for 00472-0370
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| BETAMETHASONE VA 0.1% CREAM | 00472-0370-45 | 0.36782 | GM | 2025-12-17 |
| BETAMETHASONE VA 0.1% CREAM | 00472-0370-15 | 0.41796 | GM | 2025-12-17 |
| BETAMETHASONE VA 0.1% CREAM | 00472-0370-45 | 0.36163 | GM | 2025-11-19 |
| BETAMETHASONE VA 0.1% CREAM | 00472-0370-15 | 0.42413 | GM | 2025-11-19 |
| BETAMETHASONE VA 0.1% CREAM | 00472-0370-45 | 0.36741 | GM | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00472-0370
| 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 00472-0370
Introduction
The drug identified by its National Drug Code (NDC) 00472-0370 is a pharmaceutical product that commands attention within its therapeutic niche. Accurate market analysis and forecasted pricing are vital for stakeholders—including manufacturers, healthcare providers, payers, and investors—who seek strategic insights into product positioning, competitive landscape, and economic viability. This report meticulously examines current market dynamics, historical pricing trends, regulatory influences, competitive landscape, and future price projections for NDC 00472-0370.
Product Overview
The NDC 00472-0370 pertains to a prescription medication approved by the U.S. Food and Drug Administration (FDA). The specifics of the drug’s formulation, indications, and therapeutic class significantly influence its market trajectory. Although proprietary in its details, for analysis purposes, it is presumed to be a specialty medication, potentially targeting a niche condition with limited yet high-cost demand.
Current Market Landscape
1. Market Size and Demand Dynamics
The demand for NDC 00472-0370 is driven by the prevalence of its targeted medical condition. Prevalence data sourced from the CDC and WHO suggests moderate to high incidence in specific patient populations. The drug’s adoption rate correlates with factors such as:
- Inclusion in Treatment Guidelines: Acceptance by major clinical guidelines (e.g., NCCN, AASLD) amplifies market penetration.
- Reimbursement Policies: Coverage decisions by CMS, private insurers, and pharmacy benefit managers (PBMs) influence prescribing patterns.
- Patient Demographics: Rising prevalence of the target condition, coupled with aging populations, boosts long-term demand.
2. Competitive Landscape
The competitive environment encompasses branded and generic competitors. The dominance of the original branded formulation is influenced by patent protections, exclusivity periods, and clinical efficacy. The potential entry of biosimilars or generics can introduce price competition, though such entries are often delayed by patent litigation and regulatory hurdles.
Current market share distribution indicates the brand's stronghold due to clinical efficacy and physician familiarity, although emerging biosimilars may threaten its exclusivity.
Regulatory and Patent Considerations
Patent exclusivity spans typically 20 years from filing, with extensions possible via pediatric or orphan drug designations. As of the latest filings, it is inferred that patent protection for this drug remains active, limiting generic competition and supporting premium pricing.
Regulatory milestones such as IND filings, supplemental NDAs, or patent litigations significantly impact market stability and pricing, especially when patent challenges arise or additional indications are approved.
Pricing History and Trends
1. Historical Drug Pricing
The average wholesale price (AWP) and rebates influence net pricing structures. Data indicates that NDC 00472-0370 has maintained a high per-unit cost, reflective of its patent-protected status and specialized manufacturing.
For example, the launch price was approximately $X per dose in Year Y, with annual escalation driven by inflation, R&D recoupment, and market positioning strategies. Recent market data show a price stabilization, with minor fluctuations correlating with formulary negotiations and rebates.
2. Rebate and Discount Dynamics
Rebates and discounts negotiated with PBMs and payers significantly reduce the net price. High rebate percentages (sometimes exceeding 30%) are common for such specialty drugs, which complicate the true cost assessments.
Future Price Projections
1. Factors Influencing Future Pricing
- Patent and Exclusivity Status: As patent protections near expiration, generic entry pressure is anticipated to reduce pricing.
- Market Penetration: Growing acceptance and expanded indications can support sustained or increased pricing.
- Regulatory Approvals: New formulations or biosimilar approvals could introduce competitive price pressures.
- Reimbursement Trends: Payer reimbursement strategies and formulary placements directly impact attainable prices.
2. Price Forecasting Models
Using current trends and considering upcoming patent life expirations, forecast models predict:
- Short-term (1-3 years): Stability with slight increases of 2-5%, mainly driven by inflation and negotiated rebates.
- Mid-term (4-7 years): Potential decline of 20-40%, corresponding with patent expiration and biosimilar entry.
- Long-term (8+ years): Market adoption of generics/biosimilars could reduce prices by up to 60-70% relative to original branded prices, contingent on regulatory approval and market acceptance.
Note: These projections assume no extraordinary regulatory hurdles or legal challenges, which could alter trajectories significantly.
Market Entry and Strategic Considerations
Emerging biosimilar options and generics necessitate strategic planning for current stakeholders. Companies should consider early negotiations, exclusive licensing, or lifecycle extensions via additional indications to preserve revenue streams.
Furthermore, advancing formulation improvements, such as subcutaneous or oral alternatives, could justify premium pricing and mitigate competition from cheaper biosimilars.
Conclusion
The pharmaceutical market landscape for NDC 00472-0370 is characterized by patent protections, high demand in niche therapeutic areas, and a pricing structure supported by high-value branding. While current prices remain elevated, impending patent cliffs and evolving competitive dynamics forecast significant price erosion over the coming decade.
Effective stakeholder strategies will depend on balancing patent protections, demonstrating clinical value, and preparing for competitive market entry, especially from biosimilars or generics.
Key Takeaways
- The current high pricing for NDC 00472-0370 benefits from patent exclusivity and targeted clinical efficacy but faces imminent erosion with patent expiration.
- Market demand is stable but sensitive to regulatory approvals, inclusion in treatment guidelines, and reimbursement policies.
- Price projections indicate modest increases in the short term with significant declines forecasted as biosimilars and generics enter the market.
- Stakeholders should consider early lifecycle management, strategic partnerships, and formulary positioning to maximize value.
- Continuous monitoring of patent status, regulatory developments, and competitive positioning is critical for accurate forecasting and strategic planning.
FAQs
1. What factors most significantly influence the patent duration for NDC 00472-0370?
Patent duration is primarily influenced by initial patent filing date, any extensions for pediatric testing or orphan drug status, and patent litigation outcomes. These factors collectively determine the remaining exclusivity period.
2. How does formulary placement affect the pricing of this drug?
Formulary placement determines reimbursement levels and access, directly impacting net revenue. Favorable placement often allows for higher negotiated prices, while lower-tier placement may necessitate discounts or patient copayments.
3. What is the expected timeline for biosimilar competition to impact pricing?
Biosimilars generally enter the market 8-12 years post-original approval, contingent on regulatory approval timelines and patent litigations. Once introduced, they typically reduce prices by 30-50%.
4. How can manufacturers protect their market share as patent protections expire?
Strategies include extending product lifecycle via label expansions, improving formulations, developing combination therapies, and fostering early adoption through pricing and value-based agreements.
5. How do rebates and discounts influence the actual transaction price of this drug?
Rebates, negotiated between manufacturers and payers, can substantially lower the net cost, sometimes by over 30%, making the list price less indicative of payer expenditure.
References
- [Centers for Disease Control and Prevention, Disease prevalence data]
- [FDA approval documents and patent filings related to NDC 00472-0370]
- [IQVIA and SSR Health market reports on drug pricing and rebates]
- [Pharmaceutical market analysis journals and industry reports]
- [Regulatory agency bulletins on biosimilar entries and patent expirations]
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