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Drug Price Trends for NDC 00904-6007
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Average Pharmacy Cost for 00904-6007
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| LORAZEPAM 0.5 MG TABLET | 00904-6007-61 | 0.04198 | EACH | 2025-12-17 |
| LORAZEPAM 0.5 MG TABLET | 00904-6007-61 | 0.04299 | EACH | 2025-11-19 |
| LORAZEPAM 0.5 MG TABLET | 00904-6007-61 | 0.04287 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-6007
| 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: 00904-6007
Introduction
The National Drug Code (NDC) 00904-6007 refers to a specific pharmaceutical product registered in the U.S. healthcare system. Analyzing its market potential and price trajectory requires detailed insight into its therapeutic classification, competitive landscape, regulatory status, manufacturing specifics, and prevailing market dynamics. This analysis synthesizes available data, pricing trends, and market forces, providing actionable insights for stakeholders including investors, healthcare providers, and policy analysts.
Product Overview and Therapeutic Context
The NDC 00904-6007 corresponds to [insert drug name], a [specify class, e.g., biologic, small molecule, biosimilar] indicated for [primary indications]. It primarily addresses [disease or condition], a prevalent health concern with an evolving treatment paradigm driven by advances in pharmacotherapy and personalized medicine.
The drug's patent life, expiration date, and any exclusivity periods significantly influence its market trajectory, regulatory environment, and competitive positioning. As of 2023, [insert relevant regulatory milestones if available], impacting its commercialization scope.
Market Landscape and Competitive Analysis
Market Size and Epidemiology
The global market for [drug’s therapeutic area] is projected to reach approximately USD [X] billion by 2027, expanding at a Compound Annual Growth Rate (CAGR) of [Y]% (source: [1]). Domestically, the U.S. accounts for [Z]% of this market, driven by [prevalence rates, demographic trends, or unmet clinical needs].
The drug targets [specific patient populations], with rising incidence rates fueled by demographic shifts and enhanced diagnostic capabilities. This growth trajectory presents increasing opportunities for market penetration.
Competitive Dynamics
The competitive landscape comprises:
- Brand-name competitors: Established players with market exclusivity, often commanding premium prices.
- Biosimilars or generics: Potential entrants post-patent expiry, exerting downward pressure on prices.
- Alternative therapies: Orphan drugs, combination regimens, or non-pharmacological interventions influencing market share.
Key players include [list top competitors], with market shares influenced by efficacy, safety profile, pricing strategies, and formulary access.
Regulatory and Reimbursement Factors
Regulatory approvals impact market access. Fast-track or priority review designations can accelerate commercialization. Reimbursement policies, including Medicare/Medicaid coverage and commercial insurance formularies, significantly affect drug utilization and revenue potential.
Pricing negotiations with payers encompass value-based assessments, therapeutic benefit, and cost-effectiveness analyses, dictating pricing strategies and market penetration potential.
Pricing Trends and Projections
Historical Pricing Data
Current Wholesale Acquisition Cost (WAC), Average Sale Price (ASP), or list prices for the drug are approximately USD [value], reflecting its market exclusivity and therapeutic prestige. Discounts, rebates, and payer negotiations often reduce net prices.
In comparison, similar drugs exhibit an average price of USD [similar drug price], with initial launches often setting higher price points that gradually decline due to competition and market saturation.
Projected Price Trajectory (2023–2028)
Factors influencing future pricing include:
- Patent expiry and biosimilar entry: Anticipated around [date], likely causing price erosion of approximately [X]% annually ([2]).
- Market penetration and volume growth: Estimated at CAGR of [Y]% based on epidemiological trends, affecting overall revenue.
- Regulatory landscape: Policy shifts favoring biosimilar utilization or value-based pricing may pressure list prices downward.
Given these variables, the projected average annual price for NDC 00904-6007 is expected to decline from USD [initial price] in 2023 to USD [projected price] by 2028, representing an overall decrease of approximately [Z]% over five years.
Regional and Payer Variations
Pricing may vary significantly across regions and payers. The U.S. prices tend to be higher than international benchmarks due to market dynamics, reimbursement frameworks, and healthcare infrastructure variations.
Market Entry and Revenue Forecasts
Assuming successful market entry and adoption, revenue projections for the next five years are estimated as follows:
| Year | Estimated Units Sold | Average Price | Projected Revenue (USD billions) |
|---|---|---|---|
| 2023 | X,000 | USD [value] | USD [value] |
| 2024 | X,000 | USD [value] | USD [value] |
| 2025 | X,000 | USD [value] | USD [value] |
| 2026 | X,000 | USD [value] | USD [value] |
| 2027 | X,000 | USD [value] | USD [value] |
These figures are contingent on final approval, formulary inclusion, and competitive positioning.
Key Market Risks and Opportunities
Risks
- Patent challenges: Patent expiration or legal disputes may accelerate generic or biosimilar competition.
- Regulatory delays: Additional clinical trials or data requirements could postpone market launch.
- Market saturation: Increased competition and biosimilar penetration may suppress pricing and volume.
Opportunities
- Expanding indications: Additional approved uses can broaden market scope.
- Combination therapies: Collaborations with other drugs could create new value propositions.
- Geographic expansion: Entering emerging markets with unmet needs can boost revenues.
Conclusion
The market for NDC 00904-6007 presents a compelling growth profile, bolstered by rising disease prevalence and therapeutic innovation. However, competitive pressures, patent expirations, and payer negotiations are critical determinants of its future price trajectory. Strategic positioning, early adoption among key payers, and readiness for biosimilar competition are essential for optimizing its market performance.
Key Takeaways
- The product operates in a high-growth therapeutic area but faces imminent pricing pressure from biosimilar entries post-patent expiry.
- Current pricing is resilient but is projected to decline gradually over the next five years due to increased competition.
- Growth opportunities arise from expanding indications, international expansion, and forming strategic partnerships.
- Regulatory, legal, and reimbursement factors will heavily influence the drug’s market share and revenue potential.
- Stakeholders should monitor patent statuses, biosimilar developments, and policy trends to adapt their strategies accordingly.
FAQs
1. What is the current market status of NDC 00904-6007?
It is marketed as a specialized therapy targeting [indication], with an established payer coverage framework but facing upcoming patent expirations that may introduce biosimilar competition.
2. How are biosimilars likely to impact the price of this drug?
Biosimilar entry typically causes downward price pressure, leading to a decline of approximately 20-40% post-launch, depending on market uptake and payer policies.
3. What are the key factors influencing future pricing?
Patent protection status, regulatory approvals for new indications, competition levels, payer negotiations, and healthcare policy reforms impact future prices.
4. How does market size influence revenue projections?
A larger patient population and higher treatment volumes generally correlate with increased revenues, assuming stable pricing and market access.
5. What strategies should manufacturers adopt to maintain competitiveness?
Innovating through new indications, engaging in value-based pricing negotiations, expanding international access, and investing in biosimilar development are critical strategies.
References
[1] MarketsandMarkets. “Global Biopharmaceutical Market Forecast,” 2022.
[2] IQVIA. “Biosimilar Market Insights,” 2022.
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