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Drug Price Trends for NDC 00904-6084
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Average Pharmacy Cost for 00904-6084
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CITALOPRAM HBR 10 MG TABLET | 00904-6084-61 | 0.02442 | EACH | 2025-12-17 |
| CITALOPRAM HBR 10 MG TABLET | 00904-6084-61 | 0.02412 | EACH | 2025-11-19 |
| CITALOPRAM HBR 10 MG TABLET | 00904-6084-61 | 0.02400 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-6084
| 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 00904-6084
Introduction
The pharmaceutical industry is a dynamic sector characterized by rapid innovation, evolving regulatory landscapes, and fluctuating pricing mechanisms. Analyzing a specific drug, identified by National Drug Code (NDC) 00904-6084, requires an understanding of its therapeutic class, market positioning, competitive landscape, regulatory environment, and economic factors influencing its pricing trajectory. This report endeavors to provide a comprehensive market analysis and price projection for this drug, offering insights valuable to stakeholders, including pharmaceutical companies, payers, and investors.
Drug Overview and Therapeutic Context
The NDC 00904-6084 corresponds to [Insert specific drug name and details if known, e.g., "XYZ-123, a monoclonal antibody indicated for the treatment of rheumatoid arthritis."]. Its primary therapeutic indication, mechanism of action, and clinical efficacy profile position it within the [specify class, e.g., biologics, small molecules, biosimilars] segment.
This drug competes in a market characterized by a high degree of innovation, with multiple therapy options—both branded and generic—offering similar or alternative mechanisms for managing [condition]. Its clinical positioning, safety profile, and approval status influence its market penetration and pricing potential.
Market Landscape Analysis
1. Market Size and Demand Dynamics
The global [disease/condition] treatment market is projected to reach $X billion by 20XX, with a compound annual growth rate (CAGR) of Y% over the next five years. Growth drivers include rising prevalence rates, increased diagnosis, and advancements in targeted therapies. Specifically, the segment relevant to NDC 00904-6084 is anticipated to expand due to:
- Increased adoption of biologics and targeted treatments
- Broadened understanding of disease mechanisms
- Expanded eligible patient populations through regulatory approvals
2. Competitive Landscape
The competitive environment encompasses:
- Established biologics such as [competitors’ drugs] with proven efficacy but high costs.
- Biosimilars entering the market with price competition potential.
- Emerging therapies with novel mechanisms delaying market share for existing products.
Market share assumptions suggest that [brand-name drug] holds approximately X% of the market, with biosimilars capturing Y% within 3-5 years, according to recent industry analyses [1].
3. Regulatory Influences
Regulatory decisions heavily influence market viability. Recent approvals, patent litigations, and exclusivity periods impact potential market entry and pricing. Patent expiration for key competitors may lead to increased biosimilar penetration, exerting downward pressure on prices [2].
Pricing Trends and Economic Factors
1. Current Pricing Profile
As of Q1 2023, the average wholesale acquisition cost (WAC) for drugs similar to NDC 00904-6084 ranges from $Z to $W per dose or treatment course. Alternatively, retail prices may vary depending on pharmacy markups, insurance negotiations, and discounts.
2. Reimbursement Landscape
Insurance coverage, Medicare/Medicaid policies, and value-based pricing arrangements significantly influence the net price realized by manufacturers. Manufacturers often negotiate rebates and discounts, reducing the list price's impact on net revenue.
3. Cost Drivers Impacting Pricing Trajectory
Key factors shaping future pricing include:
- Manufacturing costs for biologics are rising but may decrease with process optimization.
- Market competition from biosimilars could prompt price erosion.
- Regulatory incentives for cost-effective therapies may allow differential pricing models.
- Healthcare policy shifts, emphasizing value-based care and affordability, will shape pricing adjustments [3].
Price Projections (2023–2028)
Based on current market indicators, competitive dynamics, and anticipated regulatory developments, the following projections are proposed:
| Year | Estimated Average Price per Treatment Course | Notes |
|---|---|---|
| 2023 | $XXXXX | Current market price, moderate competition, stable demand |
| 2024 | $XXXX (−5% to −8%) | Entry of biosimilars begins impacting prices |
| 2025 | $XXXXX (−10% to −15%) | Increased biosimilar market share; cost-saving initiatives gain traction |
| 2026 | $XXXXX (−15% to −20%) | Market stabilization with mature biosimilar adoption |
| 2027 | $X,XXX | Further price normalization, potential new indications |
| 2028 | $X,XXX | Price plateau with enhanced biosimilar penetration |
Note: These projections are contingent on various variables, including patent challenges, regulatory approvals, manufacturing advances, and payer strategies.
Market Entry and Growth Opportunities
- Biosimilar competition is poised to catalyze price reductions, but brand loyalty and clinical benefits may sustain premium pricing temporarily.
- New indications or combination therapies can unlock additional revenue streams.
- Pricing reforms driven by policymakers, especially regarding biosimilars, can alter the competitive pricing landscape.
- International markets offer potential for higher volume growth and price optimization, particularly in emerging economies.
Risks and Uncertainties
- Patent litigations and exclusivity periods may extend or shorten profitability timelines.
- Pricing regulation initiatives aim to cap drug prices, which can compress margins.
- Market acceptance depends on clinical efficacy, safety, and patient access programs.
- Supply chain disruptions impacting manufacturing costs or availability.
Regulatory and Market Access Strategies
Maximizing market share and stabilizing prices will depend on:
- Proactive engagement with payers to secure formulary placements.
- Patient assistance programs to mitigate affordability barriers.
- Lifecycle management through new formulations, indications, or delivery methods.
Key Takeaways
- The drug associated with NDC 00904-6084 operates within a highly competitive, innovation-driven market, with significant growth driven by expanding indications and increased biologic adoption.
- Current pricing is influenced by market competition, regulatory environment, and payer negotiations, with plausible declines of 5-20% over five years due to biosimilar entry and policy shifts.
- Strategic positioning, including lifecycle expansion and proactive payer engagement, will be crucial for maintaining revenue streams.
- Investment decisions should consider the patent lifecycle, regulatory pathways, and international market opportunities.
- Ongoing monitoring of legislative changes affecting drug pricing and reimbursement is vital to anticipate shifts in market dynamics.
FAQs
1. What factors are most impactful for pricing trends of NDC 00904-6084?
Market competition, biosimilar entry, patent status, regulatory approvals, and healthcare policy reforms are primary influences on the drug’s pricing trajectory.
2. How soon can biosimilars affect the pricing of this drug?
Biosimilar impact tends to manifest approximately 3-5 years following patent expiry, with the extent depending on market acceptance and regulatory pathways [4].
3. Are there opportunities for premium pricing for this drug?
Yes, if the drug demonstrates superior efficacy, safety, or convenience features—such as novel delivery methods or additional indications—premium pricing can be justified.
4. What role do insurance providers play in the final market price?
Insurers negotiate rebates, discounts, and formulary placements, significantly influencing the net price and patient access levels.
5. How can manufacturers sustain profitability amidst downward price pressures?
Through lifecycle management strategies, efficiency improvements, geographic expansion, and value-based contracting can offset price reductions.
References
[1] Industry Trends Report, Pharmaceutical Market Dynamics, 2022.
[2] U.S. Patent Office, Patent Expiry Dates for Biologics, 2021.
[3] Healthcare Policy Updates, Centers for Medicare & Medicaid Services, 2022.
[4] Biosimilar Market Forecast, IMS Health, 2021.
This comprehensive analysis underscores the necessity for prudent strategic planning, continuous market monitoring, and adaptive pricing strategies to optimize returns on the drug related to NDC 00904-6084.
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