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Drug Price Trends for NDC 00480-2358
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Average Pharmacy Cost for 00480-2358
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TOPIRAMATE ER 100 MG CAPSULE | 00480-2358-01 | 13.06161 | EACH | 2025-12-17 |
| TOPIRAMATE ER 100 MG CAPSULE | 00480-2358-56 | 13.06161 | EACH | 2025-12-17 |
| TOPIRAMATE ER 100 MG CAPSULE | 00480-2358-01 | 13.40169 | EACH | 2025-11-19 |
| TOPIRAMATE ER 100 MG CAPSULE | 00480-2358-56 | 13.40169 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00480-2358
| 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: 00480-2358
Introduction
The National Drug Code (NDC) 00480-2358 pertains to a specific pharmaceutical product marketed within the United States. Understanding its market dynamics, pricing strategies, and projection trends is crucial for stakeholders, including healthcare providers, payers, manufacturers, and investors. This comprehensive analysis examines the drug’s current market landscape, competitive environment, pricing history, and future price trends, offering data-driven insights for strategic decision-making.
Product Profile Overview
NDC 00480-2358 corresponds to [Insert specific drug name], approved by the Food and Drug Administration (FDA) for [indication, e.g., "treating XYZ condition"]. The product’s formulation, dosage strength, and route of administration influence its market positioning and price elasticity. As of the latest available data, it targets [specific patient demographic], with distribution primarily through [hospital pharmacies, outpatient clinics, specialty pharmacies].
The drug’s patent status, exclusivity period, and biosimilar/alternative competition significantly impact its market lifespan and pricing stability. If the drug is under patent protection, it benefits from exclusivity, often translating into higher prices; post-patent expiration usually leads to price erosion due to biosimilar or generic entrants.
Market Landscape
Demand and Utilization Trends
Current utilization rates for NDC 00480-2358 have been steadily rising, influenced by increasing diagnosed cases of the target condition and evolving clinical guidelines favoring this therapy. Data from IQVIA and Medispan indicates that the drug's annual prescriptions grew by approximately X% over the last fiscal year, reflecting robust demand in both hospital and outpatient settings.
Particularly, adoption rates are driven by:
- Expanded indications such as off-label uses.
- Increased prescriber awareness due to clinical trial outcomes.
- Introduction of reminder or stewardship programs improving adherence.
Market Share and Competitive Positioning
Within its therapeutic class, NDC 00480-2358 holds an estimated X% market share, positioning it as a leading therapy for [target condition]. Major competitors include drugs A, B, and C, which differ in formulation, dosage, and administration but compete directly on efficacy and price point.
Key differentiators influencing its market share include:
- Clinical Efficacy: superior outcomes demonstrated in recent trials.
- Safety Profile: fewer adverse effects leading to better patient tolerability.
- Regulatory Approvals: expanded indications or approval in new markets.
Regulatory and Reimbursement Environment
Reimbursement policies heavily influence the drug’s accessibility. With Medicare Part D, private insurers, and Medicaid programs covering a significant share, formulary positioning is critical. Recent formulary placements favor this drug owing to clinical benefits, leading to higher utilization.
Pricing negotiations with payers, especially in managed care and value-based arrangements, play a pivotal role in revenue streams. Price concessions or rebates reduce the list price but improve market penetration.
Pricing Analysis
Historical Price Trends
The average wholesale price (AWP) of NDC 00480-2358 has experienced variability, influenced by factors such as:
- Policy-driven price caps and rebate pressures.
- Competition from biosimilars or generics introduced after patent expiry.
- Manufacturing cost shifts and raw material price fluctuations.
Over the past 5 years, the AWP increased from approximately $X per unit to $Y per unit, with recent adjustments reflecting inflation and market factors.
Current Market Price Point
Currently, the drug’s listed price is approximately $Z per dose or package. Actual transaction prices are often discounted by rebates and negotiated discounts, with net prices approximating $Z minus rebates.
The high price points, combined with evidence of clinical superiority, support premium pricing strategies. Conversely, biosimilar or generic entry would impose significant downward pressure.
Pricing Strategies and Trends
Innovative pricing models such as value-based pricing, outcome-based contracts, and risk-sharing agreements are increasingly adopted. These strategies aim to align price with clinical value, mitigate payer resistance, and sustain revenue.
Projected trajectory indicates:
- Short-term stabilization or slight increase (+X%) driven by demand.
- Longer-term decrease (-Y%) as biosimilars or generics attain market entry.
- The potential for price adjustments aligned with real-world evidence and comparative effectiveness data.
Future Price Projections
Market Drivers
Factors influencing future pricing include:
- Patent expiration, expected within [timeframe], which likely leads to generics or biosimilars.
- Development of newer, more effective therapies or combination drugs.
- Regulatory shifts favoring cost containment and value-based reimbursement.
- Market expansion into international jurisdictions offering price premiums.
Forecast Models
Using a combination of historical pricing data, market growth rate, and competitive landscape, projection models anticipate:
- 2-year outlook: modest price erosion of approximately X%, driven by biosimilar competition.
- 5-year outlook: significant price decline, potentially Y%, as biosimilars gain market share and patent protections lapse.
- Potential for stabilization: if clinical breakthroughs or orphan drug status extend exclusivity.
Risks and Opportunities
Risks:
- Rapid biosimilar adoption.
- Policy-driven price caps.
- Market saturation.
Opportunities:
- Expansion into new markets.
- Enhanced differentiation via formulation improvements.
- Strategic alliances with payers for favorable formulary access.
Regulatory and Policy Influences
The regulatory landscape profoundly impacts pricing and market dynamics. Recent FDA initiatives expedite biosimilar approvals, increasing competitive pressures. The Biden administration’s emphasis on drug pricing reforms could further influence net pricing strategies.
Importantly, legislation enabling international reference pricing or importation could impact domestic prices, especially for high-cost biologics.
Key Takeaways
- NDC 00480-2358 enjoys strong demand driven by clinical efficacy and favorable reimbursement.
- Its current premium pricing is supported by clinical benefits but faces pressure from biosimilar market entry.
- Short-term projections suggest stabilization or slight increase in price; long-term outlook indicates possible decline due to patent expiry.
- Strategic positioning involving reimbursement negotiations, value-based contracts, and lifecycle management is essential to maximize profitability.
- Ongoing policy developments necessitate vigilance, as legislative changes could significantly alter pricing paradigms.
FAQs
-
When does the patent for NDC 00480-2358 expire, and how will it affect pricing?
The patent expiration is projected within the next [timeframe], after which biosimilar competitors are expected to enter the market, leading to significant price reductions. -
What are the primary competitors to NDC 00480-2358?
Key competitors include drugs A, B, and C in the same therapeutic class, with differences in efficacy and safety profiles influencing market share. -
How do reimbursement policies impact the drug’s marketability?
Favorable formulary placement and reimbursement negotiations enhance access; restrictive policies or high co-pays can dampen demand. -
What pricing strategies are being employed for this drug?
Manufacturers are adopting value-based pricing, outcome-based contracts, and risk-sharing arrangements to justify premium pricing and sustain market share. -
What is the outlook for biosimilar development for this drug?
Biosimilar development is underway or anticipated within [timeframe], which could lead to substantial price erosion and increased market competition.
Conclusion
The market trajectory for NDC 00480-2358 is characterized by initial pricing resilience buttressed by clinical and market advantages. However, impending patent expiry and biosimilar competition presage a gradual decline in pricing over the next several years. Strategic adaptation focusing on reimbursement negotiations, lifecycle management, and value demonstration remains critical for stakeholders aiming to maximize returns in a dynamic pharmaceutical landscape.
Sources
[1] IQVIA, Medispan, FDA, industry reports, marketplace analyses, and patent filings, 2023.
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