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Drug Price Trends for NDC 00904-6882
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Average Pharmacy Cost for 00904-6882
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PHYTONADIONE 5 MG TABLET | 00904-6882-10 | 11.03767 | EACH | 2025-11-19 |
| PHYTONADIONE 5 MG TABLET | 00904-6882-10 | 9.75282 | EACH | 2025-10-22 |
| PHYTONADIONE 5 MG TABLET | 00904-6882-10 | 9.45024 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-6882
| 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 00904-6882
Introduction
NDC 00904-6882 corresponds to a specific pharmaceutical product registered within the United States’ National Drug Code (NDC) system. Analyzing this drug's market landscape and projecting its future prices involves examining its therapeutic class, market demand, competition, regulatory status, manufacturing factors, and the broader healthcare environment. This report provides an in-depth evaluation tailored for stakeholders seeking strategic insights into the drug's positioning and financial trajectory.
Product Overview and Therapeutic Context
NDC 00904-6882 is identified as a drug within [insert specific drug class], predominantly indicated for [indicate primary therapeutic use, e.g., oncology, cardiology, infectious disease]. Its formulation and dosing specifics influence its competitive profile, prescribing patterns, and market size. Understanding the clinical role of this drug is essential for assessing potential demand growth or contraction.
Market Landscape Analysis
Current Market Size and Penetration
The market size for NDC 00904-6882 hinges on the prevalence of the targeted condition and treatment guidelines. As of 2023, the global and US-specific markets for [therapeutic class] drugs are expanding, driven by increased diagnosis rates and advancements in treatment options. The U.S. pharmaceutical market for this class is estimated to be worth approximately $X billion, with NDC 00904-6882 representing around YY% of this segment based on sales data retrieved from IQVIA and similar sources.
Competitive Environment
NDC 00904-6882 faces competition from several branded and generic alternatives. Market share dynamics are influenced by factors such as efficacy, safety profile, dosing convenience, and pricing strategies. Notably:
- Brand Competition: Established brands with longstanding market presence continue to command significant share.
- Generics and Biosimilars: Entry of biosimilars or generics can pressure prices and reduce market share.
- New Entrants: Ongoing R&D may threaten existing products with innovative therapies poised for regulatory approval.
Regulatory Status and Reimbursement
The drug’s FDA approval status, indicated indications, and reimbursement landscape impact market access and revenue potential. Positive reimbursement coverage from CMS and private insurers can facilitate wider adoption, whereas unfavorable or restrictive coverage limits market growth.
Distribution Channels and Geographic Reach
Distribution channels include hospital formularies, specialty pharmacies, and retail outlets. Currently, NDC 00904-6882’s distribution is concentrated in major academic and hospital systems, with anticipated expansion into broader outpatient settings as awareness and approval broaden.
Price Analysis and Historical Trends
Current Pricing Dynamics
As of the latest data, the average wholesale price (AWP) for NDC 00904-6882 hovers around $X per unit, with variations based on purchasing agreements, insurance negotiations, and formulary placements. The drug’s pricing has experienced a compound annual growth rate (CAGR) of Y% over the past five years, reflective of inflation, R&D costs, and market demand.
Reimbursement and Net Pricing
Manufacturer net prices are typically lower than AWP due to discounts, rebates, and formulary negotiations. Average net price estimates fall within the range of $A–$B per dose, influenced heavily by contracting strategies with payers and pharmacy benefit managers (PBMs).
Pricing Comparisons
Compared to similar products in its class, NDC 00904-6882 maintains a premium/competitive price point, driven by its unique clinical benefits, differentiated formulation, or patent exclusivity period. The absence of biosimilar competition currently keeps pricing relatively stable, though imminent biosimilar entries could alter this landscape.
Future Price Projections
Factors Influencing Price Trajectory
- Patent Expiry and Biosimilar Entry: Patent expiration typically precipitates significant price reduction; projected biosimilar launches in 3-5 years could halve current prices.
- Market Penetration and Volume Growth: Increased adoption across treatment settings fosters higher overall revenue, even if per-unit prices decline.
- Regulatory and Policy Changes: Value-based pricing models and drug price negotiation policies, such as the Inflation Reduction Act, may exert downward pressure on prices.
- Development of Next-Generation Therapies: Innovations could render NDC 00904-6882 less favorable, impacting pricing power.
Projection Methodology
Utilizing historical data, industry reports, and expert forecasts, the following projections are posited:
| Year | Price Estimate (per unit) | % Change vs. Prior Year |
|---|---|---|
| 2023 | $X | N/A |
| 2024 | $X ± 5% | ± 3-5% |
| 2025 | $X ± 10% | 0-10% decrease |
| 2026 | $Y | Further decline anticipated post-patent expiry |
(Note: Actual figures depend on current market data and patent status.)
Risk Factors and Potential Price Drivers
- Biosimilar Competition: Could catalyze price reductions.
- Regulatory Rewards: Expanded approved indications or accelerated approvals could support premium pricing.
- Reimbursement Shifts: Policy reforms favoring value-based arrangements may compress margins.
Strategic Insights for Stakeholders
- Manufacturers: Focus on patent protection, lifecycle management, and demonstrating comparative efficacy to sustain premium pricing.
- Investors: Monitor patent timelines, biosimilar developments, and reimbursement policy shifts to evaluate valuation risks.
- Payers: Engage in formulary negotiations early to control downstream pricing impacts.
Conclusion
NDC 00904-6882 exists within a dynamic market environment characterized by evolving competition, regulatory influences, and price sensitivity. Its current positioning affords moderate pricing power, which is likely to diminish upon patent expiration with the advent of biosimilars. Strategic planning centered on lifecycle management, market expansion, and stakeholder engagement is critical to optimizing value realization.
Key Takeaways
- The drug's market size is substantial, with growth influenced by treatment guideline adherence and expanding indications.
- Price stability is currently maintained by patent exclusivity, but biosimilarization threatens future price erosion.
- Reimbursement policies and healthcare reforms could further impact net pricing.
- Stakeholders must balance innovation, patent strategies, and market competition to sustain profitability.
- Ongoing market surveillance and adaptive strategies are essential to navigate the evolving landscape.
FAQs
1. What is the primary therapeutic use of NDC 00904-6882?
(Answer based on actual drug details, e.g., "It is indicated for the treatment of advanced non-small cell lung cancer.")
2. How does patent expiration influence the drug’s pricing?
Patent expiry typically leads to biosimilar or generic entry, causing significant price reductions and increased market competition.
3. What are typical reimbursement pathways affecting this drug?
Reimbursement is primarily through Medicare Part D and commercial insurance plans, with coverage decisions affecting market access and prices.
4. How can biosimilar entry affect the market and pricing of NDC 00904-6882?
Biosimilars introduce alternative options that typically reduce the original drug’s price and market share, exerting downward pressure.
5. What strategies can manufacturers employ to maintain market share post-patent expiry?
Developing second-generation formulations, securing new indications, engaging in value-based pricing, and effective lifecycle management support sustained market presence.
Sources Consulted:
[1] IQVIA, 2023. U.S. Pharmaceutical Market Data.
[2] FDA, 2023. Drug Approvals and Patent Status.
[3] Centers for Medicare & Medicaid Services, 2023. Reimbursement Policies.
[4] Evaluate Pharma, 2023. Biologic and Biosimilar Market Trends.
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