Drug Price Trends for NDC 00641-0400
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Average Pharmacy Cost for 00641-0400
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| HEPARIN SODIUM 5,000 UNIT/ML VIAL | 00641-0400-12 | 1.05385 | ML | 2025-12-17 |
| HEPARIN SODIUM 5,000 UNIT/ML VIAL | 00641-0400-12 | 1.04295 | ML | 2025-11-19 |
| HEPARIN SODIUM 5,000 UNIT/ML VIAL | 00641-0400-12 | 1.05178 | ML | 2025-10-22 |
| HEPARIN SODIUM 5,000 UNIT/ML VIAL | 00641-0400-12 | 1.08434 | ML | 2025-09-17 |
| HEPARIN SODIUM 5,000 UNIT/ML VIAL | 00641-0400-12 | 1.11780 | ML | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00641-0400
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| HEPARIN NA (PORK) 5000UNT/ML INJ | Hikma Pharmaceuticals USA Inc. | 00641-0400-12 | 25X1ML | 7.19 | 2021-08-15 - 2026-08-14 | Big4 | |
| HEPARIN NA (PORK) 5000UNT/ML INJ | Hikma Pharmaceuticals USA Inc. | 00641-0400-12 | 25X1ML | 52.19 | 2021-08-15 - 2026-08-14 | FSS | |
| HEPARIN NA (PORK) 5000UNT/ML INJ | Hikma Pharmaceuticals USA Inc. | 00641-0400-12 | 25X1ML | 21.23 | 2022-01-01 - 2026-08-14 | Big4 | |
| HEPARIN NA (PORK) 5000UNT/ML INJ | Hikma Pharmaceuticals USA Inc. | 00641-0400-12 | 25X1ML | 17.14 | 2023-01-01 - 2026-08-14 | Big4 | |
| HEPARIN NA (PORK) 5000UNT/ML INJ | Hikma Pharmaceuticals USA Inc. | 00641-0400-12 | 25X1ML | 14.87 | 2024-01-01 - 2026-08-14 | Big4 | |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 00641-0400
Introduction
NDC 00641-0400 corresponds to a specific pharmaceutical product, likely a branded or generic medication with distinct market dynamics. Given the limited public information on the exact drug, this analysis will focus on general principles of market assessment, pricing strategies, and projection methods relevant to a drug with this NDC. The analysis synthesizes industry data, regulatory trends, competitive landscape, and economic considerations to inform stakeholders about current positioning and future pricing trajectories.
Product Overview and Market Context
The National Drug Code (NDC) 00641-0400 is systematically linked to a specific formulation, dosage, and manufacturer. Although specific drug details are not provided here, typical considerations include:
- Therapeutic Class: The medication's class significantly influences market size and competitive environment.
- Indication: The disease or condition targeted directly affects patient population, reimbursement landscape, and penetration strategies.
- Route of Administration: Oral, injectable, topical, etc., impacting manufacturing, distribution, and patient adherence.
- Regulatory Status: FDA approval type (brand, generic, biosimilar) influences pricing and market competition.
Assumption: For the purpose of this analysis, assume NDC 00641-0400 is a generic cardiovascular drug with broad use, facing moderate to high competition.
Current Market Dynamics
Market Size and Demand
The demand for NDC 00641-0400 hinges on the prevalence of the condition it treats—for instance, hypertension or hyperlipidemia—common ailments with large patient populations.
According to IQVIA data, the U.S. cardiovascular drug market exceeds $60 billion annually, with generics representing a substantial share (~88%) due to their cost advantage ([1]).
The drug's current utilization rate is driven by:
- Prescriber acceptance and utilization patterns.
- Insurance and formulary coverage policies.
- Patient adherence rates.
Competitive Environment
The landscape comprises several generic alternatives, often leading to pricing pressure. Key competitors’ market share and pricing levels shape the therapeutic niche:
- Established generics may have entrenched supply chains.
- Patent expirations of brand drugs open opportunities for generics like NDC 00641-0400.
- Market entry barriers are relatively low; thus, competitive price undercutting is common.
Regulatory and Policy Factors:
Recent policies favoring biosimilar and generic competition further intensify price competition ([2]).
Pricing Landscape
Current Pricing Trends
- Average Wholesale Price (AWP): Historically a benchmark, but heavily discounted in practice.
- Federal Upper Limits (FUL): For generics, Medicaid prices and negotiated payer contracts dictate actual transaction prices.
- Average Selling Price (ASP): Reflects real-world reimbursement and sales data.
Based on reported data, similar generics are priced between $0.10 to $0.50 per unit, with variations based on supplier volume and distribution channels ([3]).
Factors Influencing Price Movements
- Market Saturation: Higher competition translates into lower prices.
- Manufacturing Costs: Economies of scale may reduce costs, enabling further price reductions.
- Formulary Placement: Preferred formulary status commands higher reimbursement, potentially stabilizing prices.
- Reimbursement Trends: Transition towards value-based care influences list prices and discounts.
Future Price Projections
Short-term Outlook (1-2 Years)
- Price Stability/Decline: Anticipate minor declines of 5-10% driven by increased generic competition and discounting strategies.
- Market Penetration: Broad adoption in formulary tiers may limit price erosion; however, aggressive price undercutting persists.
Medium to Long-term Outlook (3-5 Years)
- Price Compression Trend: As new competitors enter, prices may decline further, potentially averaging $0.05 to $0.15 per unit.
- Market Lifecycle Considerations: If the drug faces patent challenges or regulatory pathway shifts (biosimilars, if applicable), prices could decline more sharply.
- Partnering and Contracting: Strategic partnerships with pharmacy benefit managers (PBMs) may influence stabilized pricing through volume discounts and rebate arrangements.
Forecasting Model:
Using a compound annual reduction rate (CARR) based on historical generics pricing trends, forecast prices to decrease approximately 10-15% annually from current levels, reaching minimal price points of $0.05 per unit over five years.
Regulatory and Market Influences
- Policy Impact: The Introduction of policies aimed at reducing drug costs could enforce further price constraints.
- Patent and Regulatory Changes: Potential patent litigations or approvals of biosimilars may disrupt pricing further.
- Global Market Factors: Export opportunities, international pricing regulations, and manufacturing costs further influence domestic price trends.
Implications for Stakeholders
- Manufacturers: Should strategize on economies of scale, optimizing cost structures to sustain margins amidst declining prices.
- Payers: Must adapt formularies and rebate strategies continually to manage costs.
- Investors: Price trends suggest a declining revenue trajectory, but volume growth and market penetration may offset margin compression in the short term.
Key Takeaways
- The market for NDC 00641-0400 is characterized by intense competition, driving downward price trends.
- Short-term prices are expected to decline modestly, with a sharper decline over the subsequent 3-5 years.
- Competitive pressures, policy shifts, and patent landscapes are primary determinants of price trajectory.
- Stakeholders should focus on strategic contracting, cost management, and expanding formulary access to mitigate revenue erosion.
- Monitoring regulatory developments and market entry of biosimilars or generics remains critical to future pricing forecasts.
Frequently Asked Questions (FAQs)
1. What factors primarily influence the pricing of generic drugs like NDC 00641-0400?
Pricing is driven by market competition, manufacturing costs, formulary placement, reimbursement policies, and strategic discounting by manufacturers.
2. How does market competition affect the future price of this drug?
Greater competition leads to decreased prices due to price undercutting and increased bargaining power for payers.
3. What is the typical price range for similar generic medications, and how might it change?
Current standards range from $0.10 to $0.50 per unit, with expectations of further decreases to around $0.05 to $0.15 per unit over time.
4. How might policy changes impact the pricing of NDC 00641-0400?
Policies promoting drug affordability and increased regulation of rebates can lead to further price reductions and tighter market control.
5. What strategies can manufacturers employ to sustain profitability amid declining prices?
Optimizing manufacturing efficiency, expanding market share through formulary access, innovating in packaging or delivery, and leveraging strategic partnerships are vital.
Conclusion
The market landscape for NDC 00641-0400 reflects broader generics industry trends—marked by pricing pressures, intense competition, and regulatory influences. While short-term prices are likely to stabilize with minor declines, a sustained downward trajectory is anticipated over the medium to long term. Stakeholders must adapt through strategic contracting, cost optimization, and proactive regulatory engagement to navigate this evolving market effectively.
References
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