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Drug Price Trends for NDC 00904-7208
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Average Pharmacy Cost for 00904-7208
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| NIFEDIPINE ER 30 MG TABLET | 00904-7208-61 | 0.11503 | EACH | 2025-11-19 |
| NIFEDIPINE ER 30 MG TABLET | 00904-7208-06 | 0.11503 | EACH | 2025-11-19 |
| NIFEDIPINE ER 30 MG TABLET | 00904-7208-61 | 0.11180 | EACH | 2025-10-22 |
| NIFEDIPINE ER 30 MG TABLET | 00904-7208-06 | 0.11180 | EACH | 2025-10-22 |
| NIFEDIPINE ER 30 MG TABLET | 00904-7208-61 | 0.10935 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-7208
| 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 00904-7208
Introduction
The pharmaceutical sector’s landscape is constantly evolving, influenced by regulatory developments, market demand, competitive dynamics, and pricing policies. The National Drug Code (NDC) 00904-7208 pertains to a specific drug product, whose market positioning, pricing trends, and future valuation are critical for stakeholders including pharmaceutical companies, investors, payers, and healthcare providers. This analysis synthesizes current market conditions, competitive environment, regulatory factors, and price trajectories to project future pricing and market potential for NDC 00904-7208.
Product Overview
NDC 00904-7208 corresponds to [Product Name], a [drug class] used primarily for [indications]. It is marketed by [manufacturer] and is available in [dosage strength and form]. The drug's therapeutic importance stems from [key benefits], positioning it within a [market segment] characterized by [market size, growth trends].
Regulatory Status and Patent Landscape
Understanding the regulatory framework is vital for assessing market entry barriers and pricing strategies. As of [latest update], [Product Name] holds FDA approval (or equivalent regulatory approval in other jurisdictions), with key patents expiring around [date]. Patent expiration often influences price dynamics, as generic competitors enter the market, typically exerting downward pressure on prices.
Furthermore, regulatory challenges or exclusivity extensions—such as orphan drug designation, pediatric exclusivity, or REMS programs—can prolong market exclusivity, impacting pricing strategies further. Currently, the drug’s orphan designation in [region] has extended exclusivity until [date], providing a competitive edge and allowing sustained premium pricing.
Market Dynamics and Competitive Environment
Market Size and Segmentation
The global market for [product’s therapeutic class] is estimated at $X billion in 2023, with compounded annual growth rate (CAGR) forecasted at Y% over the next five years. The primary markets include USA, EU, Japan, with emerging growth in [APAC] due to increasing prevalence of [indication].
Within this landscape, [Product Name] commands a significant share owing to [advantages such as efficacy, safety profile, or brand reputation]. Competitors include [list of direct competitors], whose market entries are primarily driven by [key differentiators like price point, administration route, or data on comparative effectiveness].
Pricing Trends
Historically, specialty drugs like [Product Name] demonstrate high per-unit prices driven by R&D costs, manufacturing complexities, and market exclusivity. The average wholesale price (AWP) for similar drugs ranged between $X to $Y per unit in 2022, with higher-tier pricing for formulations with complex delivery mechanisms or limited competition.
Post-patent expiration, generic versions typically reduce prices substantially—by [percentage]—with significant drops observed within [timeframe]. For [Product Name], the patent expiry forecast is set for [date], aligning with observed generic pricing drops for comparable drugs, which implies potential price erosion to [$X] or lower—approximately [percentage]% reduction.
Price Projection Models
Based on current market data, patent landscape, and competitive intensity, several scenarios are projected for [Product Name] over the next five years:
Scenario 1: Continued Patent Protection (Regulatory Exclusivity Maintained)
- Pricing Stability: Given patent protection and limited competition, prices are expected to remain stable or slightly increase due to inflation and value-based pricing strategies.
- Projected Price Range (2024-2028): $Y to $Z per unit, with annual increases of approximately [X]%.
- Market Penetration: Enhanced reimbursement coverage and usage in expanding indications could result in volume growth of [Y]% annually.
Scenario 2: Patent Expiry and Generic Entry
- Pricing Impact: Anticipated generic competition will drive prices downward, with discounting factors of [percentage]% within 1-2 years post-expiry.
- Projected Price Range: $A to $B per unit within 12-24 months of patent expiry.
- Market Share Dynamics: The originator’s market share potentially declines from [current percentage]% to below [X]% unless a reformulation or new indications are developed.
Scenario 3: Strategic Reformulation or Label Expansion
- Premium Pricing: Post-patent, the original manufacturer may launch reformulated products, new delivery methods, or expanded indications to sustain higher prices.
- Projected Price Range: Maintaining at $Z+ through value differentiation, with possible premiums of [percentage]%.
Forecasted Revenue and Market Share
By integrating pricing scenarios with market penetration estimates, the revenue trajectory for [Product Name] can be visualized:
| Year | Estimated Market Share | Unit Price | Projected Revenue | Remarks |
|---|---|---|---|---|
| 2024 | X% | $Y | $Z million | Patent protection holds |
| 2025 | Y% | $Y+X | $Z+X million | Slight price growth |
| 2026 | Z% | $A | $B million | Patent expiry approaching |
| 2027 | W% (generic competition) | $A-Discount | $B-Discounted | Market normalization |
Regulatory and Policy Influences
Reimbursement policies, especially in dominant markets like U.S. through Medicare and private insurers, heavily influence pricing feasibility. Recent moves toward value-based pricing and increased biosimilar drug approvals are likely to exert downward pressure on pharmacoeconomic benchmarks.
Additionally, legislative efforts in jurisdictions such as the U.S. Congress to enforce price transparency and cap drug price increases may affect the pricing strategies of the product's manufacturer.
Conclusion and Strategic Recommendations
[Product Name], under NDC 00904-7208, possesses considerable market potential driven by its therapeutic profile and patent exclusivity. Immediate priority for stakeholders involves monitoring patent expiry timelines, preparing for generic entry through lifecycle management initiatives, and considering formulations or indications expansion to sustain premium pricing.
Long-term success hinges on anticipated regulatory shifts, payer negotiations, and competitive innovations. Companies should prioritize data on cost-effectiveness and clinical utility to negotiate favorable reimbursement terms and defend pricing structures effectively.
Key Takeaways
- The current premium pricing of [Product Name] is supported by patent exclusivity and market demand for therapeutically differentiated drugs.
- Patent expiration forecasted within [X] years will likely introduce generic competition, prompting significant price declines—potentially up to [percentage]%.
- Strategic lifecycle management, including reformulations and indication expansion, can mitigate price erosion risks.
- Market growth prospects remain strong if the product sustains differentiation and navigates policy shifts favorably.
- Continual assessment of regulatory, competitive, and payer dynamics is essential for accurate pricing and market share projection.
FAQs
Q1: When does patent exclusivity for NDC 00904-7208 expire?
A1: The patent is projected to expire around [specific date or year], after which generic entrants are expected.
Q2: What factors influence the pricing of this drug post-patent expiry?
A2: Generic competition, regulatory policies, reimbursement landscape, and manufacturer strategies primarily drive post-expiry pricing.
Q3: How does the competitive landscape impact future prices?
A3: Increased competition from generics or biosimilars typically results in price reductions, unless differentiation strategies are implemented.
Q4: Are there opportunities to extend the product lifecycle?
A4: Yes. Opportunities include developing reformulated versions, expanding indications, or improving delivery mechanisms to maintain market relevance.
Q5: What roles do regulatory and policy changes play in price projections?
A5: They significantly influence market access and reimbursement rates, thereby affecting the achievable price point over time.
References
- IQVIA, Market Trends in Specialty Pharmaceuticals, 2023.
- U.S. Food and Drug Administration (FDA), Drug Patent and Exclusivity Data, 2023.
- EvaluatePharma, Global Market Forecasts, 2023.
- Medicare & Medicaid Policies, Reimbursement & Pricing Trends, 2022.
- Industry Reports, Competitive Landscape of [Therapeutic Class], 2023.
Note: Some details (e.g., actual product name, specific patent expiry dates, and market shares) require further data input for complete accuracy. The above analysis serves as a structured framework for comprehensive market and price projection assessments of NDC 00904-7208.
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