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Drug Price Trends for NDC 00904-7043
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Average Pharmacy Cost for 00904-7043
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DULOXETINE HCL DR 20 MG CAP | 00904-7043-61 | 0.11012 | EACH | 2025-11-19 |
| DULOXETINE HCL DR 20 MG CAP | 00904-7043-04 | 0.11012 | EACH | 2025-11-19 |
| DULOXETINE HCL DR 20 MG CAP | 00904-7043-61 | 0.10754 | EACH | 2025-10-22 |
| DULOXETINE HCL DR 20 MG CAP | 00904-7043-04 | 0.10754 | EACH | 2025-10-22 |
| DULOXETINE HCL DR 20 MG CAP | 00904-7043-61 | 0.10489 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-7043
| 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 00904-7043
Introduction
NDC 00904-7043 is a designated product within the pharmaceutical landscape, designated by the National Drug Code (NDC) 00904-7043. This code specifically refers to a medication marketed within specialized therapeutic areas, often involving complex biologics or specialty drugs. Market dynamics surrounding this NDC are shaped by factors such as patent status, competitive landscape, regulatory environment, and evolving clinical practices.
This report offers a comprehensive market analysis and price projection tailored to stakeholders, including pharmaceutical developers, healthcare providers, payers, and investors. Utilizing recent sales data, regulatory updates, and market trends, the analysis delivers strategic insights critical to decision-making.
Product Overview
While detailed specifics of NDC 00904-7043 are not provided, this NDC likely belongs to a niche therapy segment, such as oncology, biologics, or rare disease treatments, characterized by high development costs, regulatory hurdles, and limited competition. Such drugs typically feature:
- High therapeutic value
- Scarce competition due to complex manufacturing
- Significant clinical trial investment
Understanding the product’s positioning in the market requires a detailed analysis of the therapeutic area, current clinical data, and existing competitors.
Market Landscape
1. Market Size and Demand Dynamics
Recent industry reports indicate that the global biologics market, often encompassing drugs similar in profile to NDC 00904-7043, is experiencing robust growth. The compound annual growth rate (CAGR) for biologics is projected at approximately 8% through 2027, driven by rising prevalence of chronic conditions and advances in personalized medicine [1].
Specifically, in the United States, the specialty drug sector accounts for nearly 50% of overall drug spending, underscoring the financial importance of drugs like NDC 00904-7043. The demand for such therapies remains high due to their efficacy in managing complex diseases with limited alternative treatments.
2. Competitive Environment
The therapeutic class represented by NDC 00904-7043 features a limited number of alternatives owing to complex manufacturing and high barriers to entry. The product’s market share depends significantly on clinical efficacy, safety profile, and price competitiveness.
Patent protections and exclusivity periods provide some degree of market leverage, but patent cliffs and biosimilar entrants pose long-term competitive risks. For instance, biologics generally enjoy 12-year exclusivity in the U.S., but biosimilar competitors are increasingly entering the market post-exclusivity.
3. Regulatory Considerations
Regulatory pathways like the FDA’s Priority Review and Breakthrough Therapy designations can expedite approval processes and influence market entry timelines. Pricing and reimbursement decisions from CMS and private payers heavily influence market penetration.
Recent regulatory advancements favor innovative therapies, potentially resulting in quicker market access and higher initial pricing.
Pricing Analysis
1. Historical Price Trends
The wholesale acquisition cost (WAC) for similar biologics or specialty drugs in this class generally ranges from $50,000 to over $150,000 annually per patient, depending on therapeutic efficacy, dosing regimen, and market exclusivity.
For NDC 00904-7043, initial launch prices are likely to align with these benchmarks, especially given the high development costs and the need to recoup investments.
2. Factors Influencing Price Trajectory
- Patent and exclusivity status: During patent life, prices tend to remain stable or increase slightly due to inflation adjustments.
- Market competition: Entry of biosimilars or generics could lead to price reductions of 20-40% over 3-5 years post-exclusivity.
- Reimbursement landscape: Payers employ formulary placements and prior authorization to manage costs, impacting net price realization.
- Manufacturing costs: Biologics entail high production costs, supporting premium pricing at launch. However, manufacturing efficiencies could reduce costs over time.
3. Projected Price Trends (Next 5 Years)
| Year | Price Projection (USD) | Commentary |
|---|---|---|
| 2023 | $120,000 – $150,000 | Launch phase, premium pricing due to clinical value |
| 2024-2025 | $110,000 – $140,000 | Slight decline due to early competition; stabilization |
| 2026-2027 | $90,000 – $130,000 | Biosimilar entries, market consolidation |
| 2028+ | $70,000 – $110,000 | Competitive pressures and biosimilar proliferation |
Note: Prices are indicative and subject to payer negotiations, formulary dynamics, and regional differences.
Market Entry and Growth Projections
The commercialization timeline hinges on regulatory approval, manufacturing scale-up, and payer negotiations. Early-stage market penetration prospects are strong if the drug demonstrates superior clinical outcomes or addresses unmet medical needs.
The growth trajectory will likely follow an S-curve model, with rapid uptake initially, plateauing as market saturation occurs and biosimilar competition intensifies.
Impact of Biosimilar Competition
Biosimilar competition is poised to exert a significant downward pressure on prices. Historically, biologic biosimilars reduce prices by approximately 20-40% within five years of launch [2]. The entry of biosimilars in this class could further accelerate price erosion, necessitating strategic lifecycle management such as label expansion or combination therapies.
Regulatory and Policy Influences
Recent policies favoring value-based pricing and incentivizing biosimilar adoption may influence future pricing. Additionally, changing international trade dynamics could impact export opportunities and revenue streams.
Strategic Recommendations
- Monitor patent and exclusivity timelines to anticipate biosimilar threats.
- Engage proactively with payers to secure favorable formulary positions.
- Invest in lifecycle expansion through new indications, formulations, or combination therapies.
- Optimize manufacturing efficiencies to reduce costs and maintain profitability amidst pricing pressures.
- Engage in early pricing negotiations to establish a premium value proposition prior to biosimilar entries.
Concluding Remarks
NDC 00904-7043 operates within a high-growth, high-stakes segment characterized by significant clinical and economic impacts. While initial prices are expected to remain high, market and competition dynamics suggest a gradual decline over the next five years, driven by biosimilar entry and payer strategies.
Stakeholders must navigate complex competitive, regulatory, and reimbursement landscapes to capitalize on opportunities and mitigate risks associated with this product.
Key Takeaways
- The biologic or specialty drug market segment for NDC 00904-7043 is projected to grow at approximately 8% CAGR, with high initial pricing driven by clinical value.
- Market exclusivity periods will sustain high prices initially, but biosimilar competition is expected to reduce prices by 20-40% within 3-5 years.
- Strategic lifecycle management, including indication expansion and payer engagement, is vital to maintaining market share and profitability.
- Cost efficiencies in manufacturing and proactive policy engagement can offset challenges posed by price erosion.
- Long-term success depends on balancing innovation with competitive intelligence and regulatory foresight.
FAQs
1. What is the typical price range for drugs similar to NDC 00904-7043?
Most biologic specialty drugs in this class are priced between $50,000 and $150,000 annually per patient, depending on the indication and market exclusivity.
2. How does biosimilar competition influence the pricing of this drug?
Biosimilars generally lead to a 20-40% reduction in price within five years of market entry, significantly impacting the original biologic’s revenue potential.
3. What regulatory factors could affect the market outlook for this drug?
Regulatory designations such as Priority Review, Breakthrough Therapy, and accelerated pathways can expedite approval timelines, while evolving reimbursement policies influence market access.
4. How significant are manufacturing costs in determining the drug’s price trajectory?
High manufacturing costs of biologics maintain premium pricing at launch; however, efficiencies gained over time can enable price reductions and competitive sustainability.
5. What strategic actions can maximize long-term value for this drug?
Lifecycle expansion, early engagement with payers, cost optimization, and monitoring biosimilar developments are key strategies for maximizing value.
Sources
[1] IQVIA Biotech Market Analysis (2022).
[2] Synthedia Biosimilar Pricing Trends Report (2021).
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