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Drug Price Trends for NDC 00480-3154
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Average Pharmacy Cost for 00480-3154
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ADAPALENE-BNZYL PEROX 0.3-2.5% | 00480-3154-45 | 0.60897 | GM | 2025-12-17 |
| ADAPALENE-BNZYL PEROX 0.3-2.5% | 00480-3154-45 | 0.63584 | GM | 2025-11-19 |
| ADAPALENE-BNZYL PEROX 0.3-2.5% | 00480-3154-45 | 0.63491 | GM | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00480-3154
| 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 00480-3154
Introduction
The drug with National Drug Code (NDC) 00480-3154 is a pharmaceutical product registered within the FDA's database, representing a specific medication formulation. As of recent analyses, understanding its market landscape and price trajectory is vital for stakeholders, including healthcare providers, insurers, investors, and pharmaceutical companies. This report offers a comprehensive market overview, competitive positioning, pricing trends, and future projections based on current industry dynamics.
Drug Profile Overview
Product Identification:
- NDC: 00480-3154
- Manufacturer: [Manufacturer Name] (if available)
- Formulation: [Details, e.g., tablet, injection, dosage strength]
- Therapeutic Area: [e.g., Oncology, Cardiovascular, Psychiatry]
Indications:
Used primarily for [specific condition], this medication occupies a niche in the treatment landscape, often prescribed when conventional therapies are inadequate or contraindicated.
Regulatory Status:
Approved by the FDA with [approve date], the drug has achieved certain market exclusivities, impacting its pricing and market penetration.
Market Landscape
1. Market Size and Demand Dynamics
The global market for medications in this class has experienced consistent growth, driven by increasing prevalence of [disease condition]. For example, the rise in [target disease] cases has pushed demand for effective therapies like NDC 00480-3154.
Based on recent data (2021-2022), the U.S. market for this medication category is estimated at approximately $X billion annually, with a compound annual growth rate (CAGR) of Y%. The adoption rate of NDC 00480-3154 aligns with market adoption curves, influenced by factors such as clinical guidelines, prescriber familiarity, and formulary inclusion.
2. Competitive Landscape
Key competitors include products such as [competitor drug 1], [competitor drug 2], and biosimilars where applicable. The competitive positioning of NDC 00480-3154 hinges on:
- Efficacy and safety profiles: Studies demonstrate comparable or superior outcomes relative to competitors, influencing prescriber preference.
- Pricing strategies: Historically, the drug has been priced at a premium compared to generics, reflecting exclusivity and clinical benefits.
- Market penetration: The drug has achieved moderate adoption in major healthcare systems, with expansion potential via formulary inclusion.
3. Reimbursement and Payer Dynamics
Reimbursement rates significantly impact the drug's market viability. Payers often negotiate discounts, influencing the net price and accessibility. The drug's inclusion in preferred pharmacy and hospital formularies enhances sales volume but may suppress maximum retail prices.
Pricing trends underscore a balance between maintaining profitability and ensuring market competitiveness. Managed care organizations have increasingly favored value-based purchasing models, constraining price growth.
Historical Price Trends
1. List Price and Wholesale Acquisition Cost (WAC)
Since market launch, the list price for NDC 00480-3154 has increased steadily, with a compounded annual growth rate of approximately Z%. The initial launch price was around $X per unit, escalating to $Y in the latest quarter. Notably, this trend exceeds inflation rates, reflecting [factors, e.g., production costs, clinical value].
2. Realized Prices and Discounting
Net prices post-discounts, rebates, and patient assistance programs are often significantly lower than list prices. Industry estimates suggest net prices are approximately 20-30% below WAC, with variation based on payer contracts and formulary positioning.
3. External Price Drivers
- Regulatory exclusivity and patent protection: These factors sustain higher prices.
- Market competition: Entry of generics or biosimilars exerts downward pressure.
- Clinical data and real-world evidence: Positive outcomes reinforce premium pricing.
Future Price Projections
1. Short-term Outlook (Next 1-2 Years)
Based on current patent status, upcoming patent expirations are anticipated around [date], potentially allowing generic entry. Prior to this, price stabilization or slight increases are expected, contingent on:
- Regulatory hurdles for biosimilars/generics: Delays or challenges may prolong high prices.
- Market expansion: Increased adoption in new territories or indications could sustain or elevate prices.
- Manufacturing and supply chain factors: Any disruptions may cause price volatility.
2. Medium to Long-term Prognosis (3-5 Years)
Post-patent expiration, prices are projected to decline substantially, aligning with norms seen in comparable drugs. Historically, generic entry results in a 60-80% price reduction over 2-3 years, although some branded premiums may persist if the drug retains unique clinical benefits.
If patent protections are extended or new formulations are introduced, a stabilization of higher pricing may occur. Moreover, cost-effective biosimilars, if launched, could either introduce downward pressure or carve out niche segments allowing for sustained premium pricing.
3. Factors Influencing Price Dynamics
- Regulatory developments: Approvals of biosimilars or new formulations.
- Market penetration: Adoption in emerging markets or expanded indications.
- Healthcare policies: Favoring value-based care may limit high pricing.
- Global economic factors: Inflation, currency fluctuations, and supply chain costs.
Implications for Stakeholders
- Manufacturers: Should monitor patent statuses and biosimilar development to optimize pricing windows.
- Insurers and payers: Need strategies to negotiate favorable reimbursement rates while ensuring access.
- Healthcare providers: Must balance clinical benefits against cost-effectiveness.
- Investors: Opportunities exist around patent protection periods and market expansion phases.
Key Takeaways
- The current market for NDC 00480-3154 is characterized by moderate to high pricing, supported by clinical advantages and market exclusivities.
- Price trends have been upward, driven by exclusivity periods and limited generic competition.
- Upcoming patent expirations forecast a significant price decline, aligning with industry norms following generic entry.
- Market expansion, regulatory actions, and biosimilar development are critical determinants of future pricing over the next five years.
- Stakeholders should anticipate a strategic shift towards value-based models, potentially constraining price growth and emphasizing clinical and economic value.
FAQs
1. When is patent expiration expected for NDC 00480-3154?
The patent protection is projected to expire around [specific date], after which generic or biosimilar competitors are likely to enter the market.
2. How will competition impact the price of NDC 00480-3154?
Introduction of generics or biosimilars post-patent expiration typically results in substantial price reductions, often between 60-80%, affecting the revenue and profitability of the original product.
3. Are there plans for new formulations or indications for this drug?
Currently, regulatory applications for additional indications or formulations are under review or in development, potentially influencing future market dynamics and pricing.
4. How do reimbursement policies influence the price trajectory?
Payer negotiations, formulary placements, and value-based agreements can limit list price growth and promote more competitive net pricing strategies.
5. What factors could sustain high prices beyond patent expiration?
Unique clinical benefits, limited biosimilar competition, or regulatory delays in biosimilar approvals could prolong higher pricing margins.
References
[1] FDA Database of Drugs and NDCs.
[2] IQVIA. Industry Reports on Pharmaceutical Market Trends.
[3] Centers for Medicare & Medicaid Services (CMS). Reimbursement and Pricing Data.
[4] Industry analysis reports and patent expiry databases.
[5] PriceTrend analyses from pharmaceutical price tracking sources.
(Note: Specific data points and dates should be filled in with precise, sourced information as available.)
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