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Last Updated: February 7, 2025

Drug Price Trends for NDC 00781-3250


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Best Wholesale Price for NDC 00781-3250

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Dates Price Type
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

Market Analysis and Price Projections for Multiple Sclerosis Drugs: A Comprehensive Overview

Introduction

Multiple sclerosis (MS) is a chronic and often disabling autoimmune disease that affects the central nervous system. The global market for MS drugs is undergoing significant changes driven by advancements in treatment options, regulatory environments, and economic factors.

Global Market Size and Growth

The global market for multiple sclerosis drugs is projected to reach $35.7 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 6.5% over the forecast period[1].

Key Drivers of Market Growth

Several factors are driving the growth of the MS drugs market:

  • Launch of New Therapies: The anticipated launch of efficacious pipeline products targeting progressive MS subtypes, such as primary-progressive MS (PPMS) and secondary progressive MS (SPMS), is expected to boost market growth[1].
  • Oral Therapies: The introduction of oral disease-modifying therapies (DMTs) with improved convenience over injectables is another significant driver[1].
  • Increased Prevalence: MS is the most widespread disabling neurological condition among young adults globally, contributing to the demand for effective treatments[1].

Market Segmentation

The global MS treatment market is segmented by product, pipeline analysis, and geography. Key products include:

  • Aubagio (teriflunomide)
  • Avonex (interferon-β1a)
  • Betaseron / Extavia (interferon-β1b)
  • Copaxone (glatiramer acetate)
  • Fampyra (fampridine)
  • Gilenya (fingolimod)
  • Kesimpta (ofatumumab)
  • Lemtrada (alemtuzumab)
  • Mavenclad (cladribine)
  • Ocrevus (ocrelizumab)
  • Plegridy (peginterferon-β1a)
  • Rebif (interferon-β1a)
  • Tecfidera (dimethyl fumarate)
  • Tysabri (natalizumab)
  • Vumerity (diroximel fumarate)
  • Zeposia (ozanimod)[1].

Geographical Distribution

The market is segmented geographically into North America, Europe, Asia Pacific, Latin America, and the Rest of the World. Each region has its own set of market drivers and restraints[1].

Impact of Biosimilars

Biosimilars are expected to play a significant role in the MS drugs market. While they will create cost competition and potentially reduce the market size, they will also offer more affordable alternatives to expensive MS drugs. Biosimilars made up 24.93% of purchasing volume for originator products and their corresponding biosimilars and are expected to increase their market share[3].

Pricing Trends

The pharmaceutical industry, including MS drugs, is facing pressure from payers and regulatory bodies to manage drug prices. The current trend of periodic price increases by existing market players is expected to change due to growing competition from new agents and biosimilars. Vizient projects a 3.8% drug price increase in 2024, driven in part by specialty pharmaceuticals, but this growth will be tempered by the increasing use of biosimilars[3].

Role of Artificial Intelligence and Digital Transformation

The pharmaceutical industry, including the MS drugs market, is increasingly leveraging artificial intelligence (AI) and digital technologies. AI is expected to enhance drug discovery, clinical trial design, and patient monitoring. For instance, the use of large language models (LLMs) and generative AI will become more prevalent in producing reports and making essential decisions within pharmaceutical companies[2].

Competitive Landscape

The MS drugs market is characterized by a mix of established players and new entrants. Existing market players have historically enjoyed low competition, allowing them to increase prices periodically. However, the entry of new agents and biosimilars is expected to heighten competition and drive cost savings[1].

Regulatory Environment

The FDA plays a crucial role in regulating the pharmaceutical market, including MS drugs. The National Drug Code (NDC) Directory, maintained by the FDA, provides detailed information on all drugs, including finished, unfinished, and compounded products. This regulatory framework ensures compliance and transparency in the market[4].

Patient-Centric Approaches

The future of the MS drugs market is also shaped by patient-centric approaches, such as personalized medicine. Advances in genomics and biomarkers enable more precise treatment options, improving efficacy and reducing side effects. This trend is expected to continue, driven by digital advancements and scientific innovations[5].

Key Takeaways

  • The global MS drugs market is projected to reach $35.7 billion by 2031, driven by new therapies and oral DMTs.
  • Biosimilars will play a crucial role in cost competition and market dynamics.
  • AI and digital transformation will enhance various aspects of drug development and patient care.
  • Pricing trends will be influenced by regulatory pressures and the increasing use of biosimilars.
  • Patient-centric approaches, including personalized medicine, will continue to shape the market.

FAQs

Q: What is the projected market size for multiple sclerosis drugs by 2031? A: The global market for multiple sclerosis drugs is anticipated to reach $35.7 billion by 2031[1].

Q: What are the key drivers of growth in the MS drugs market? A: Key drivers include the launch of new therapies targeting progressive MS, the introduction of oral DMTs, and the increasing prevalence of MS[1].

Q: How will biosimilars impact the MS drugs market? A: Biosimilars will create cost competition, reduce market size, and offer more affordable alternatives to expensive MS drugs[3].

Q: What role will AI play in the pharmaceutical industry in 2025? A: AI will enhance drug discovery, clinical trial design, patient monitoring, and produce reports for decision-making within pharmaceutical companies[2].

Q: What are the main challenges facing the life sciences industry in terms of pricing and access? A: Pricing and access to drugs and medical devices are significant issues, with nearly half of C-suite executives expecting these factors to significantly affect their strategies in 2025[5].

Sources

  1. Global Multiple Sclerosis Drugs Market $35.7 Billion by 2031 - iHealthcareAnalyst
  2. 2025 Pharma Predictions: AI, Health Tech, and Data Trends to Watch - Intelligencia.ai
  3. Vizient Projects 3.8% Drug Price Increase Driven by Specialty Pharmaceuticals - Vizient Inc.
  4. National Drug Code Directory - FDA - FDA
  5. 2025 life sciences outlook | Deloitte Insights - Deloitte

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