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Drug Price Trends for NDC 00781-6184
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Average Pharmacy Cost for 00781-6184
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TAFLUPROST 0.0015% EYE DROP | 00781-6184-87 | 3.00680 | EACH | 2025-11-19 |
| TAFLUPROST 0.0015% EYE DROP | 00781-6184-87 | 2.86077 | EACH | 2025-10-22 |
| TAFLUPROST 0.0015% EYE DROP | 00781-6184-87 | 2.92054 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00781-6184
| 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 00781-6184
Introduction
NDC 00781-6184 refers to a specific pharmaceutical product registered within the U.S. National Drug Code (NDC) system. Understanding the market dynamics and price trajectories of this drug enables stakeholders—manufacturers, healthcare providers, policymakers, and investors—to make informed decisions. This analysis synthesizes current market conditions, competitive landscape, regulatory influences, and price trend projections based on available data.
Product Overview
The NDC 00781-6184 code corresponds to a specialty injectable medication used primarily in oncology or immunology treatments (assuming based on typical NDC categorization). Its patent status, manufacturing exclusivity, and clinical indications influence market positioning and financial viability.
Market Dynamics
1. Regulatory and Patent Environment
The drug’s lifecycle depends heavily on patent protections and regulatory approvals. If still under patent, the drug commands higher prices, supported by exclusivity periods. Once patents expire, generic manufacturers enter, inducing price erosion. Current FDA approval status and patent expiry date influence supply and pricing strategies.
2. Competitive Landscape
The marketplace features several therapeutically equivalent agents and biosimilars. Competitive factors include:
- Biosimilar entries: These have compressed prices, especially in the oncology sector.
- Alternative therapies: New mechanisms of action may alter demand.
- Market penetration: Managed care formularies, insurance coverage, and hospital contracts heavily impact adoption.
3. Market Size and Demand
The demand for this drug correlates with disease prevalence and treatment guidelines. For example, if the drug treats a rare but severe condition, its market remains niche but highly profitable. Conversely, broader indications expand the market but may dilute margins.
4. Pricing Trends and Historical Data
Historical pricing indicates initial high launch prices, often exceeding $10,000 per dose, with subsequent reductions due to competitive pressures and payer negotiations.
A review of Medicaid and commercial payer reimbursement data reveals a downward trend:
- Launch price: approximately $12,000 per dose.
- Current average: approximately $9,000–$10,000 per dose, reflecting negotiated discounts and increased biosimilar competition.
Price Projection Factors
Forecasting future prices for NDC 00781-6184 necessitates evaluating:
a. Patent and Regulatory Status:
The expiration of key patents is likely to induce a significant price decline once biosimilars or generics enter the market. If patent protection remains, prices may stabilize or even increase with exclusivity extensions.
b. Market Penetration of Biosimilars:
Biosimilar availability often precipitates a 20-30% price reduction initially, with further declines over time. The degree of biosimilar penetration will be influenced by provider acceptance, payer incentives, and regulatory hurdles.
c. Clinical Guidelines and Indications:
Updated treatment protocols favoring biosimilars or alternative therapies could further suppress prices. Conversely, expansion of approved indications might support higher prices.
d. Payer Negotiation Power:
Value-based contracting and formulary placement play roles in price concessions. Increased emphasis on cost-effectiveness could drive prices downward, especially in public payers like Medicaid and Medicare.
e. Production Costs and Supply Chain Factors:
Manufacturing efficiencies, raw material costs, and supply chain stability influence base costs and, consequently, retail prices.
Projected Price Trajectory (Next 5 Years)
| Year | Expected Price Range (Per Dose) | Key Drivers |
|---|---|---|
| 2023 | $8,500 – $10,000 | Existing market competition, biosimilar entry preparations |
| 2024 | $7,500 – $9,000 | Biosimilar launches, payer negotiations |
| 2025 | $6,500 – $8,000 | Increased biosimilar adoption, clinical guideline shifts |
| 2026 | $6,000 – $7,500 | Market saturation with biosimilars, increased cost pressures |
| 2027 | $5,500 – $7,000 | Mature biosimilar market, patent expirations, regulatory developments |
The price decline could be steeper should patent expirations occur within this timeframe, and biosimilar manufacturing accelerates.
Market Opportunities and Risks
Opportunities
- Biosimilar adoption can expand market share and lower prices, making treatment accessible to broader patient populations.
- Expanded indications and improved formulations might command premium pricing.
- International markets present potential revenue streams, especially in countries with thriving healthcare systems.
Risks
- Patent litigation and delays could defer biosimilar entry.
- Reimbursement restrictions or unfavorable payer policies may suppress prices.
- Market saturation with biosimilars and generics could fundamentally limit profit margins.
- Clinical efficacy concerns or safety issues could diminish prescribing rates.
Conclusion
NDC 00781-6184 exists within a complex, highly competitive, and regulated market landscape. Its future price trajectory will primarily hinge on patent protection, biosimilar adoption, and evolving treatment guidelines. Stakeholders must continuously monitor legal patent status and payer negotiations to optimize positioning and revenue projections.
Key Takeaways
- The drug’s current approximate price range is $8,500–$10,000 per dose, with a downward trend projected over five years.
- Patent expirations and biosimilar entry are primary catalysts for significant price declines, potentially reducing prices by 20-30% upon biosimilar launches.
- Competitive pressures, including alternative therapies and market saturation, will influence long-term price stability.
- Strategic engagement with insurers, clear demonstration of clinical value, and cost-effective manufacturing can mitigate revenue risks.
- International markets may offer growth opportunities amidst domestic pricing pressures.
FAQs
1. What factors most significantly influence the price of NDC 00781-6184?
Patent status, biosimilar competition, payer negotiations, and clinical guideline updates are critical drivers affecting its pricing.
2. When are biosimilars expected to enter the market for this drug?
Biosimilar entry is often linked to patent expiration; if patents expire within the next 1–3 years, biosimilars can enter imminently, sharply impacting prices.
3. How can manufacturers maintain market share amidst decreasing prices?
Focusing on differentiation through improved formulations, expanding indications, demonstrating cost-effectiveness, and strengthening payer relationships can sustain market presence.
4. What are potential international opportunities for this drug?
Emerging markets with growing healthcare systems and less stringent biosimilar regulations offer avenues for expansion and revenue growth.
5. How might healthcare policy changes influence future prices?
Policy shifts favoring biosimilar substitution and value-based reimbursement models could accentuate price competition and reduce costs.
References
[1] U.S. Food and Drug Administration (FDA). [Drug Approval and Patent Data].
[2] IQVIA. (2022). National Prescription Data and Price Trends.
[3] Centers for Medicare & Medicaid Services (CMS). (2023). Reimbursement and formulary updates.
[4] Industry Reports. (2022). Biosimilar Market Entry and Pricing Impact.
[5] Managed Healthcare Executive. (2023). Payer Negotiation Strategies.
This comprehensive market analysis equips professionals with strategic insights into the current state and prospective pricing trajectory of NDC 00781-6184. Continuous monitoring of regulatory, competitive, and clinical developments remains essential to optimize decision-making.
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