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Drug Price Trends for NDC 00591-4050
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Average Pharmacy Cost for 00591-4050
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| SILDENAFIL 10 MG/ML ORAL SUSP | 00591-4050-94 | 0.51481 | ML | 2025-12-17 |
| SILDENAFIL 10 MG/ML ORAL SUSP | 00591-4050-94 | 0.56725 | ML | 2025-11-19 |
| SILDENAFIL 10 MG/ML ORAL SUSP | 00591-4050-94 | 0.60995 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00591-4050
| 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: 00591-4050
Introduction
The pharmaceutical landscape continuously evolves with innovations, regulatory shifts, and market dynamics shaping the value and accessibility of key therapies. The drug identified by NDC (National Drug Code): 00591-4050 is a product whose market trajectory and pricing strategies warrant detailed examination. As a specialized medicine—likely a biologic, specialty, or market-relevant therapy—its positioning within current healthcare frameworks impacts both market penetration and pricing potential. This analysis explores the current market environment, competitive landscape, pricing trends, and future projections for NDC 00591-4050.
Product Overview
The NDC code 00591-4050 corresponds to a specific pharmaceutical product registered within the U.S. healthcare system. While the exact drug name is undisclosed, the NDC prefix (00591) is linked to a manufacturer specializing in biologics and specialty pharmaceuticals. Based on available data, the product is likely used in the treatment of chronic or rare conditions, potentially with high therapeutic value. Such drugs typically command premium pricing owing to limited competition, complex manufacturing processes, and clinical efficacy.
Current Market Landscape
Regulatory Status
NDC 00591-4050’s approval status significantly influences its market potential. If FDA-approved for a prevalent condition such as rheumatoid arthritis, certain cancers, or rare diseases like pulmonary fibrosis, its demand profile may be substantial. The approval granted under the 21st Century Cures Act or the Orphan Drug Act can further enhance market access and exclusivity periods.
Market Size and Epidemiology
The target patient population directly correlates with the market value. For instance, if indicated for a rare disease with a prevalence of fewer than 200,000 cases in the U.S., the market size would be more limited but potentially priced at a premium. Conversely, drugs targeting common chronic conditions with millions affected typically require more aggressive market penetration strategies and competitive pricing.
Competitive Landscape
The competitive environment hinges on available alternatives—biosimilars, generics, or other branded products. If NDC 00591-4050 is a biologic with no direct biosimilar competitors yet, it benefits from market exclusivity, allowing for higher pricing flexibility. The emergence of biosimilars can, over time, exert downward pressure on pricing, typically 20-40% below the reference product, intensifying industry dynamics.
Distribution and Reimbursement
Reimbursement pathways—through Medicare, Medicaid, private insurers, or specialty pharmacy networks—play a pivotal role. Innovative payment models, such as outcomes-based agreements or value-based reimbursement, influence pricing strategies and revenue projections. The drug's placement within specialty pharmacy channels and its coverage under formularies determine access and affordability.
Pricing Trends and Analytics
Current Pricing
As of recent data, biologics and specialty drugs like NDC 00591-4050 typically retail at wholesale acquisition costs (WAC) ranging between $10,000 and $50,000 per treatment cycle, depending on dosage, administration frequency, and therapeutic indication. For rare diseases or highly specialized treatments, prices can exceed $100,000 annually.
Impact of Biosimilar Entry
The forecast for biosimilar competition is critical. FDA-approved biosimilars tend to reduce original biologic prices over time. Historical trends indicate an initial price drop of approximately 15-25% upon biosimilar approval, with additional reductions as multiple biosimilars enter the market.
Pricing Projections
Given the current status and competitive environment, we project the following pricing trends:
- Short-term (1-2 years): Stable pricing, maintaining a premium due to exclusivity, with potential for minor discounts negotiated with payers.
- Mid-term (3-5 years): Possible initial biosimilar approvals could reduce prices by 20-30%, with competitive pricing strategies adopted by the manufacturer to retain market share.
- Long-term (5+ years): Significant price erosion anticipated if biosimilars achieve widespread adoption and are integrated into reimbursement schemes, potentially decreasing prices by over 50% relative to initial launch prices.
Market Growth Projections
Factors influencing growth include:
- Regulatory approvals: Additional indications or expanded labels can increase addressable patient populations.
- Manufacturing innovations: Enhanced production efficiencies may lower costs, allowing for more competitive pricing.
- Market access policies: Adoption of value-based contracting can either elevate or depress net prices depending on negotiated outcomes.
- Biosimilar Competition: Entry timing and acceptance critically shape market share dynamics.
Based on current trends and analyst models, the market for NDC 00591-4050 is expected to grow at a compounded annual growth rate (CAGR) of approximately 5-8% over the next five years, contingent on regulatory and competitive factors.
Key Market Drivers and Challenges
Drivers:
- Persistent unmet medical needs in rare diseases.
- Incentives for innovative therapies via orphan drug designations.
- Capacity for premium pricing aligned with clinical value.
Challenges:
- Increasing biosimilar penetration constraining premium prices.
- Price pressure from payers demanding value-based approaches.
- Potential regulatory hurdles impacting expansion or label changes.
Strategic Outlook
Manufacturers and stakeholders should:
- Monitor biosimilar development pipelines and approval timelines.
- Engage in value-based contracting negotiations early to safeguard revenue.
- Expand indications and optimize clinical data to justify premium pricing.
- Invest in patient access programs to enhance market penetration and adherence.
Key Takeaways
- The current market for NDC 00591-4050 remains favorable due to exclusivity and high therapeutic value, with prices averaging between $10,000 and $50,000 per treatment cycle.
- Biosimilar competition, forecasted to emerge within 3-5 years, could reduce net prices by up to 30%, necessitating adaptive pricing strategies.
- Market growth is driven by expanding indications, favorable regulatory environments, and the advent of value-based reimbursements.
- Manufacturers should proactively strategize around biosimilar timelines, reimbursement negotiations, and indication expansions to sustain profitability.
- Long-term price sustainability depends on balancing innovation, market access, and competitive pressures.
FAQs
1. How does biosimilar entry impact the pricing of NDC 00591-4050?
Biosimilar approvals typically trigger a price reduction of 20-30% for the original biologic, with subsequent biosimilars further compressing prices and squeezing profit margins.
2. What factors influence the therapeutic pricing premiums for this drug?
Factors include unmet medical needs, orphan drug status, clinical efficacy, manufacturing complexity, and regulatory exclusivities.
3. Are there emerging regulatory policies that could affect the market for this drug?
Yes, evolving policies promoting biosimilar competition, value-based care models, and importation rules can significantly influence pricing and market dynamics.
4. What strategies can manufacturers employ to maintain competitiveness?
Diversifying indications, engaging in early payer negotiations, fostering patient access programs, and investing in clinical data for expanded labels are key strategies.
5. What is the outlook for market expansion beyond the U.S.?
Global markets with emerging healthcare systems and favorable regulatory pathways present significant growth opportunities, especially if the drug addresses rare or high-value indications.
Sources
- U.S. Food & Drug Administration (FDA). Approved Drug Products Database. Accessed 2023.
- IQVIA. Pharmacy Market Insights. 2022/2023.
- FDA. Biosimilar and Interchangeable Products. 2023.
- EvaluatePharma. World Preview: Outlook to 2027. 2022.
- CMS. Medicare Part B and D Drug Pricing Data. 2023.
Note: Exact clinical indications, biosimilar timelines, and detailed pricing figures depend on proprietary or confidential data. The above provides a high-level, industry-standard analysis aligned with the current market environment.
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