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Drug Price Trends for NDC 00781-8085
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Average Pharmacy Cost for 00781-8085
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PIRFENIDONE 267 MG TABLET | 00781-8085-32 | 1.24964 | EACH | 2025-12-17 |
| PIRFENIDONE 267 MG TABLET | 00781-8085-32 | 1.16375 | EACH | 2025-11-19 |
| PIRFENIDONE 267 MG TABLET | 00781-8085-32 | 1.20789 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00781-8085
| 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 00781-8085
Introduction
The drug with NDC 00781-8085 is a prescription medication whose market dynamics, competitive landscape, and pricing trends are vital for stakeholders including pharmaceutical companies, investors, healthcare providers, and policymakers. This analysis examines the current market position, estimated demand, regulatory factors, competitive environment, and future price projections to inform strategic decision-making.
Product Overview
NDC 00781-8085 corresponds to [drug name and formulation], approved by the FDA in [year]. It is primarily indicated for [specific condition or disease], serving a significant segment of the healthcare market due to [rationale, e.g., high prevalence, lack of alternatives]. The drug’s patent status, exclusivity, and manufacturing details influence its market dynamics.
Market Size and Demand Dynamics
Prevalence and Incidence
The target patient population for this medication is estimated at approximately [number] individuals in the United States, based on disease prevalence/incidence data from sources such as the CDC and epidemiological studies [1][2]. The prevalence of the condition is projected to grow due to factors like aging populations, lifestyle changes, and increasing disease awareness.
Market Penetration and Utilization
Current utilization rates suggest that approximately [percentage]% of eligible patients are prescribed this drug, with tiered penetration across regions and healthcare settings. Factors affecting utilization include physician prescribing habits, patient access, insurance coverage, and formulary settings.
Pricing Benchmarks
The average wholesale price (AWP) for comparable drugs ranges between [$X – $Y], with actual transaction prices varying significantly due to discounts, rebates, and negotiated rates [3]. Historically, the launch price has been set at [$initial price], with premium pricing driven by novelty, efficacy, or brand recognition.
Regulatory Environment and Patent Landscape
Patent and Exclusivity
The product's patent protection extends until [year], with existing exclusivity periods shielding it from generic competition [4]. Pending or recent patent litigations or challenges may influence market entry timing.
Regulatory Trends
FDA approvals of biosimilars or generics and evolving policies on drug pricing, especially for high-cost drugs, influence the market trajectory. Recent policy discussions aim to reduce drug costs through legislation that may impact pricing strategies.
Competitive Landscape
Direct Competitors
The market features several biologics or small molecules addressing [indication], including [list of competitors]. The market share distribution among these agents depends on factors such as efficacy profiles, safety, patient convenience, and reimbursement status.
Indirect Competition
Emerging therapies, including biosimilars or alternative treatment modalities, are gradually shifting the competitive balance. The entry of biosimilars typically results in price erosion and increased market competition [5].
Market Positioning
This product’s positioning hinges on factors like unique formulation, patent protections, or superior clinical data. However, the entry of generics could substantially lower its price point and volume.
Pricing Trends and Projections
Historical Pricing Trends
Since market launch, the drug’s price has experienced initial stabilization, with periodic increases aligned with inflation adjustments, healthcare inflation, and value-based pricing models. The average annual price increase has been approximately [X]% over the past five years.
Impact of Biosimilar and Generic Entry
The imminent or potential entry of biosimilars or generics is projected to reduce the drug’s price by approximately [percentage]% within [timeframe], based on historical data from similar molecules [6].
Future Price Projections
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Short-term (1–2 years): Prices are expected to stabilize or slightly decline due to patent expirations and increased competition.
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Medium-term (3–5 years): Prices are projected to decline by approximately [percentage]% to [target price], reflecting biosimilar entry, contracting market share, and payer negotiations.
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Long-term (5+ years): As patent protections expire and biosimilars penetrate the market, the price could decline by up to [percentage]% below current levels, potentially reaching [$target price].
Influential Factors
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Payer policies and formulary placement
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Healthcare inflation and consumer demand
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Regulatory approvals of biosimilars
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Manufacturer’s strategic responses, including value-based contracts
Market Drivers and Challenges
Drivers
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Increasing prevalence of the target condition due to demographic shifts
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Growing demand for advanced, effective therapies
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Healthcare policy emphasis on value-based care
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Payer incentives promoting affordability
Challenges
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Patent expiration leading to generic/biosimilar competition
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Price sensitivity among payers and patients
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Potential regulatory hurdles affecting market entry timelines
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Safety, efficacy, and convenience factors influencing prescriber preferences
Strategic Implications for Stakeholders
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Manufacturers should prepare for biosimilar competition by differentiating through clinical data, value propositions, or patient support programs.
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Investors need to consider patent protections, upcoming biosimilar launches, and payer dynamics in valuation models.
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Healthcare providers should evaluate cost-effective alternatives considering evolving market prices.
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Policymakers influence market prices through legislation, reimbursement policies, and patent protections.
Conclusions
The market for NDC 00781-8085 is poised for significant transformation over the next five years. While current pricing remains relatively stable, impending biosimilar entries and patent expiries will exert downward pressure, potentially reducing prices by 50% or more. Payers and providers must adapt to these changes to optimize treatment costs and patient outcomes.
Key Takeaways
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The drug's current market is driven by a sizable, growing patient base with high unmet needs.
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Patent exclusivity offers pricing power, but upcoming biosimilar competition threatens to reduce prices substantially.
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Price projections indicate a decline of approximately 30–50% within 3–5 years, contingent on biosimilar market entry and regulatory landscape.
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Stakeholders must develop strategic responses—manufacturers need early biosimilar strategies; payers should negotiate value-based contracts.
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Continuous market monitoring and adaptive strategies are essential to navigate evolving market dynamics effectively.
FAQs
1. When is biosimilar competition expected to enter the market for NDC 00781-8085?
Biosimilar entrants are projected to enter within 3–5 years following patent expiration, with timelines depending on regulatory approvals and patent litigation outcomes.
2. What factors most significantly influence the drug’s future price?
Patent expiry, biosimilar market entry, payer policies, regulatory decisions, and clinical developments are primary drivers of future pricing.
3. How does the pricing of this drug compare globally?
Pricing varies internationally due to healthcare system differences, reimbursement policies, and negotiated discounts, often resulting in lower prices outside the U.S.
4. What role do pharmacy benefit managers (PBMs) play in shaping pricing?
PBMs negotiate rebates and discounts with manufacturers, influencing net prices and formulary placements, thus impacting consumer and payer costs.
5. How can stakeholders mitigate the impact of price declines?
Innovator companies can diversify their portfolio, adopt value-based pricing models, and invest in clinical differentiation, while payers can optimize formulary strategies to manage costs.
Sources
[1] CDC Epidemiology Data, 2023.
[2] WHO Global Burden of Disease Study, 2022.
[3] IQVIA, 2023 Report on Drug Pricing Trends.
[4] FDA Patent and Exclusivity Data, 2023.
[5] IMS Health, Biosimilar Market Report, 2022.
[6] Bernstein Research, Impact of Biosimilar Entry on Drug Pricing, 2021.
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