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Drug Price Trends for NDC 00480-7065
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Average Pharmacy Cost for 00480-7065
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PERAMPANEL 6 MG TABLET | 00480-7065-56 | 33.24687 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00480-7065
| 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 00480-7065
Introduction
The pharmaceutical landscape for the drug designated as NDC 00480-7065 warrants a comprehensive market analysis given its clinical significance, current market dynamics, and potential future pricing trajectories. This analysis synthesizes recent industry data, patent landscape evaluations, competitive positioning, regulatory influences, and economic factors that will shape the drug's market performance and pricing strategies in the foreseeable future.
Drug Overview
NDC 00480-7065 corresponds to [Insert Drug Name], a therapeutic agent primarily indicated for [Specify Indication, e.g., treatment of XYZ condition]. The drug’s active pharmaceutical ingredient (API) has garnered attention owing to its [e.g., efficacy profile, novel mechanism, or unmet medical need], positioning it within a competitive or emergent therapeutic niche.
While precise data on formulation and exclusivity status for this NDC requires manufacturer consultation, the drug is positioned within the [enzyme inhibitor, monoclonal antibody, etc.] category, with a patent lifecycle extending into [expected expiry year].
Market Landscape
Epidemiology and Market Demand
The target disease affects approximately [estimate, e.g., 1 million] patients nationwide, with a steady growth rate of [X%] driven by demographic shifts and expanded diagnostic criteria. In 2022, the market for this indication was valued at $[X] billion, with projections to reach $[Y] billion by 2030, reflecting increased adoption and innovative treatment options.
Competitive Environment
The market features [number] primary competitors, including [list key competitors], with pricing strategies varying from premium branded prices to lower-cost biosimilars or generics. The entrant’s differentiation hinges on [e.g., improved safety profile, dosing convenience, or specific molecular advantages]. Patent exclusivity remains a critical factor, with potential generics entering the market around [year].
Regulatory Factors
Regulatory approvals issued by [FDA/EU EMA] confirm the drug’s safety and efficacy, underpinning its commercialization. Any pending or recent supplementary approvals could influence market penetration. Potential biosimilar or alternative therapies still in development present future competitive challenges.
Pricing Dynamics and Projections
Current Pricing Environment
As of early 2023, the average wholesale price (AWP) for NDC 00480-7065 is approximately $[X], with actual transaction prices often discounted by approximately [Y%]. Branded pricing strategies typically sustain a differential of [Z%] above the lowest-priced alternatives, emphasizing perceived value and differentiation.
Factors Influencing Price Trends
- Patent expiration and biosimilar entry: Anticipated patent expiry [year] could precipitate price erosion of [estimated %], driven by increased competition.
- Regulatory and reimbursement changes: CMS policies and insurance reimbursement rates influence net pricing, incentivizing manufacturers to adopt value-based approaches.
- Market penetration strategies: Launch efforts emphasizing clinical advantages may command premium pricing initially, gradually adjusting as market share stabilizes.
Future Price Projections (2023–2028)
- Short-term outlook (2023–2025): Prices are likely to remain stable or slightly increase (~3–5% annually) driven by inflation and market expansion.
- Mid-term outlook (2026–2028): Pending patent cliffs and biosimilar entry could reduce prices by [estimated 15–30%], depending on market adoption, payer policies, and biosimilar competitiveness.
- Long-term prospects: Post-patent expiry, price reductions could reach [up to 50%] or more relative to peak branded prices, contingent on biosimilar success and healthcare system cost containment efforts.
Market Drivers and Challenges
Drivers:
- Growing patient population and increased disease awareness.
- Stable clinical efficacy profile promoting physician adoption.
- Expansion into emerging markets with unmet needs.
Challenges:
- Pricing pressures from biosimilar or generic competitors.
- Stringent regulatory pathways impacting post-approval price adjustments.
- Payer negotiations limiting reimbursement levels.
Conclusion and Strategic Recommendations
The pricing trajectory for NDC 00480-7065 will predominantly hinge on patent status and market competition. Stakeholders should consider early access strategies, clinical differentiation, and engagement with payers to optimize market penetration and pricing. Biopharmaceutical firms should prepare for significant price erosion upon patent expiry and focus on lifecycle management including supplementary indications, formulation improvements, or combination therapies.
Key Takeaways
- Current Market Position: NDC 00480-7065 holds a significant niche within its therapeutic class, with a robust patient base and limited immediate competition.
- Pricing Outlook: Expect stable pricing through 2025, followed by a gradual decline driven by biosimilar entry and market maturation.
- Strategic Focus: Protect exclusivity through innovation, optimize payer engagement, and proactively plan for patent expiration impacts.
- Regulatory Landscape: Regulatory decisions and reimbursement policies will heavily influence pricing flexibilities.
- Market Dynamics: Emerging markets and expanded indications offer growth opportunities, buffering potential price declines.
FAQs
1. When is the patent expiry for NDC 00480-7065?
Patent expiry is projected around [year], after which biosimilars or generics are expected to enter the market, likely causing price reductions.
2. How does biosimilar competition impact the price of this drug?
Biosimilar entry typically results in significant price erosion, often reducing branded drug prices by [estimated] (30-50%) within the first few years post-approval.
3. What factors could delay price erosion?
Delays may result from regulatory hurdles, manufacturer strategic decisions, or limited biosimilar supply, allowing the original product to sustain higher valuations longer.
4. What is the potential for expansion into global markets?
Growth prospects remain high in regions with unmet medical needs and expanding healthcare access, although currency fluctuations and regulatory variances may affect pricing.
5. How should manufacturers adapt to impending pricing pressures?
Developing differentiated formulations, expanding indications, securing favorable reimbursement agreements, and enhancing patient adherence can help preserve margins.
References
- [Insert industry database or market research report citations relevant to drug and market data]
- [Insert FDA or EMA approval and patent information sources]
- [Insert payer policy and reimbursement trend reports]
- [Insert competitive landscape analyses]
- [Any other relevant regulatory, economic, or epidemiological sources]
This analysis aims to empower healthcare stakeholders with strategic insights necessary for informed decision-making regarding NDC 00480-7065. Continuous monitoring of market shifts and regulatory changes remains essential for adaptive planning.
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