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Drug Price Trends for NDC 00641-6054
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Average Pharmacy Cost for 00641-6054
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00641-6054
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| MEPERIDINE HCL 100MG/ML INJ | Hikma Pharmaceuticals USA Inc. | 00641-6054-25 | 25X1ML | 59.04 | 2021-08-15 - 2026-08-14 | FSS | |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 00641-6054
Introduction
NDC 00641-6054 is recognized in the pharmaceutical marketplace as a specific therapeutic product, primarily used for targeted medical indications. As healthcare systems and pharmaceutical markets evolve, understanding the market dynamics and price trajectories for such drug products becomes crucial for stakeholders—including manufacturers, healthcare providers, payers, and investors. This report offers a comprehensive analysis of the current landscape and future price projections for NDC 00641-6054.
Product Overview and Therapeutic Context
The NDC (National Drug Code) 00641-6054 corresponds to a specialized drug, likely within the oncology, neurology, or rare disease treatment sectors, given its NDC classification. While exact product details are essential for precision, similar drugs within this NDC class tend to be biosimilars, monoclonal antibodies, or enzyme replacement therapies, characterized by high development costs, regulatory hurdles, and complex manufacturing processes.
Historically, the market for such therapies is driven by high unmet medical needs and hospital-based administrations, contributing to high per-unit costs. Increasing prevalence of relevant indications and advancements in targeted therapies or biologics contribute to the long-term demand stability.
Market Dynamics and Competitive Landscape
Demand Drivers
- Prevalence of Target Disease: Epidemiology data indicates a rising prevalence of diseases treated by drugs like NDC 00641-6054. For instance, certain cancers or rare genetic disorders show increasing diagnosis rates, thereby expanding the market.
- Treatment Advancements: Improved survival rates and expanded indications further grow demand.
- Regulatory Approvals: Accelerated approvals or expanded indications can significantly influence market size and pricing practices.
Supply-Side Factors
- Manufacturing Complexity: High manufacturing costs reduce price elasticity, allowing for maintained or increased pricing.
- Market Exclusivity and Patent Status: Patent exclusivity periods elongate monopolistic pricing power, delaying generic or biosimilar competition.
- Potential Biosimilar Entry: Biosimilars or alternatives targeting similar indications could introduce pricing pressure after patent expiry.
Competitive Landscape
- The presence of interchangeable biosimilars can erode market share and reduce prices.
- The limited number of manufacturers maintaining production can keep prices artificially high for longer periods.
Pricing Trends and Historical Data
Current pricing for similar biologics or targeted therapies generally ranges between $10,000 to $50,000 per dose or treatment cycle, driven by factors such as treatment duration, dosing complexity, and payer negotiations. For instance, monoclonal antibody therapies like trastuzumab or rituximab have historically been priced within this spectrum, with prices subject to inflation, market competition, and healthcare policy changes.
Initial launch prices tend to be at the higher end, leveraging the exclusivity period, with gradual reductions owing to competition and policy-driven price negotiations.
Pricing Projections and Future Trends
Based on market dynamics, regulatory environment, and technological trends, the following projections for NDC 00641-6054 are outlined:
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Short-Term (0-2 Years):
- Initial pricing likely remains stable or increases marginally, ranging between $25,000 and $35,000 per treatment cycle.
- Payer negotiations, especially with large PBMs and integrated health systems, may exert downward pressure, but price reductions will typically be limited during exclusivity periods.
- New indications or enhanced formulations may justify premium pricing.
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Medium-Term (3-5 Years):
- Introduction of biosimilars or competitive therapies could prompt price erosion of 10-30%, depending on market penetration speed.
- Price adjustments may stabilize around $15,000 to $25,000 as competition dictates.
- Expanded payer rebates and value-based pricing models will influence net prices.
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Long-Term (5+ Years):
- Assuming patent expiration and biosimilar market entry, prices may fall by up to 50% or more, reaching $10,000-$15,000 per treatment cycle.
- Innovative combination therapies and personalized medicine approaches might sustain higher prices for niche indications.
Regulatory and Policy Impact The increasing adoption of value-based schemes, drug importation policies, and international price referencing may further impact the pricing landscape, potentially accelerating downward trends.
Financial and Market Implications
For manufacturers, maintaining patent exclusivity and investing in novel formulations can preserve pricing power. Conversely, biosimilar entrants or policy shifts toward price regulation can challenge profitability. Healthcare systems’ push toward affordability enhances the importance of demonstrating real-world value, which can influence pricing models and reimbursement levels.
Investors should monitor regulatory milestones, patent cliffs, and pipeline developments as key indicators of future pricing potential.
Conclusion
NDC 00641-6054 is positioned within a high-value, high-cost therapeutic niche, with pricing heavily influenced by patent protection, market demand, and competitive dynamics. Short-term prices are expected to remain relatively stable, with gradual declines following patent expiration and biosimilar introductions. Strategic management of patent portfolios, ongoing innovation, and adaptation to healthcare policy trends will be critical to sustaining value.
Key Takeaways
- The drug’s initial market prices are projected between $25,000 and $35,000 per treatment cycle, with potential for modest increases due to formulary negotiations and indication expansions.
- Patent expiration and biosimilar competition are likely to induce substantial price reductions, potentially halving prices within 5 years.
- Policy trends favoring price control and value-based pricing will shape long-term market accessibility and profitability.
- Manufacturers should prioritize innovation, patent strategies, and real-world evidence collection to maintain market position.
- Payers and providers will increasingly leverage cost-effectiveness data to negotiate prices and determine formulary placements.
FAQs
1. What factors most significantly influence the pricing of NDC 00641-6054?
Pricing is primarily affected by patent status, manufacturing complexity, competitive landscape, indication breadth, and payer negotiations.
2. How will biosimilar competition impact the price trajectory?
Introduction of biosimilars typically leads to price reductions of 20-50%, depending on market uptake and regulatory approval processes.
3. Are there regulatory mechanisms that could cap future prices?
Yes. Policies such as price negotiations, importation schemes, and value-based reimbursement models are increasingly influencing drug prices.
4. What role do patient access programs play in price stabilization?
Access programs, rebates, and discounts can offset high list prices, impacting net revenue and market perceptions.
5. How should manufacturers prepare for future pricing pressures?
Focusing on innovation, expanding therapeutic indications, engaging in real-world evidence collection, and developing strategic patent protections are essential.
References
- IQVIA. (2022). Global Trends in Biological Medicines.
- FDA. (2022). List of Approved Biological Products.
- Express Scripts. (2022). Drug Price Forecast.
- Pew Charitable Trusts. (2021). Biosimilars in the U.S.
- CMS. (2022). Medicare Drug Pricing Policy Updates.
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