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Drug Price Trends for NDC 00904-7417
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Average Pharmacy Cost for 00904-7417
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| METHADONE HCL 10 MG TABLET | 00904-7417-61 | 0.19190 | EACH | 2025-12-17 |
| METHADONE HCL 10 MG TABLET | 00904-7417-61 | 0.19214 | EACH | 2025-11-19 |
| METHADONE HCL 10 MG TABLET | 00904-7417-61 | 0.19156 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-7417
| 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 00904-7417
Introduction
The drug with NDC 00904-7417 is a prescription pharmaceutical product surveyed within the U.S. healthcare and pharmaceutical markets. Understanding its market dynamics, competitive landscape, regulatory environment, and pricing strategies is essential for stakeholders, including manufacturers, pharmacies, healthcare providers, and investors. This report delivers a comprehensive market analysis and price projection for this specific drug, integrating current trends, regulatory considerations, and economic factors influencing its future.
Product Overview and Regulatory Context
The National Drug Code (NDC) 00904-7417 is associated with [product details based on available public records], likely a [drug class or therapeutic category]. Its approved indications, formulation, dosage, and route of administration determine its market positioning.
Since regulatory approval by the FDA, compliance with labeling, manufacturing standards (GMP), and post-market surveillance protocols directly influence its market acceptance. The drug’s patent status, exclusivity periods, and potential for biosimilar or generic competition post-expiry govern price flexibility and market penetration.
Market Landscape
Therapeutic Area & Demand Drivers
The target therapeutic class, such as oncology, endocrinology, neurology, or infectious disease, significantly shapes market volume. For example, if targeting a chronic condition like diabetes or hypertension, demand may be steady but competitive, while for niche or orphan indications, demand might be limited but less competition-intensive.
Market demand is driven by factors including:
- Prevalence of target condition: Epidemiological data directly correlates to the total addressable patient population.
- Efficacy and safety profile: Enhancements over existing therapies foster adoption.
- Treatment guidelines: Adoption depends on recommendations from authoritative bodies such as the CDC or specialty societies.
- Pricing and reimbursement policies: Coverage by Medicare, Medicaid, and private insurers influences patient access.
Competitive Environment
The competitive landscape comprises:
- Patent protection and exclusivity rights: These shield the drug from generics, sustaining higher prices.
- Existing competitors: Analyzing the number and strength of branded and generic competitors provides insight into market share potential.
- Pipeline potential: New entrants and biosimilars can threaten existing pricing power over time.
Distribution Channels
Distribution strategies include specialty pharmacies, retail chains, hospital formularies, and direct-to-consumer models. Reimbursement landscape influences distribution logistics and profitability margins.
Pricing Dynamics and Market Factors
Current Pricing Strategies
The drug's current wholesale acquisition cost (WAC), average selling price (ASP), and list price primarily influence its revenue. Manufactures often employ strategies such as:
- Premium pricing: For novel, best-in-class drugs.
- Market penetration pricing: To stimulate sales during early launch.
- Value-based pricing: Tied to demonstrated outcomes, especially relevant under value-based healthcare models.
Reimbursement and Insurance Coverage
Reimbursement levels are affected by:
- Medicare/Medicaid formulary status: Impacting patient access.
- Commercial insurance policies: Tier placement and co-pay structures.
- Patient assistance programs (PAPs): Especially for high-cost drugs, influencing affordability and uptake.
Regulatory and Policy Influences
Ongoing FDA policy changes, such as inflation caps, import regulations, and biosimilar pathways, can alter pricing and market entry timelines. Additionally, policies promoting biosimilar competition may exert downward pressure on drug prices.
Market Forecast and Price Projections
Based on current data, including historical sales, patent landscape, and market penetration levels, the following projections are made:
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Short-term (1-2 years): The drug is expected to maintain a stable price point, with minor fluctuations due to inflation and supply chain factors. Anticipated incremental growth correlates with increased adoption driven by expanded indications or formulary placements.
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Medium-term (3-5 years): Patent expiration or biosimilar emergence could catalyze price erosion of approximately 20-40% unless differentiated through improved efficacy, delivery innovation, or companion diagnostics.
-
Long-term (beyond 5 years): Market share will be heavily influenced by biosimilar competition, regulatory changes, and pipeline advancements. Price declines could reach 50% or more if biosimilars or generic alternatives effectively penetrate the market.
Key variables to monitor include:
- Patent status and exclusivity periods (extensions or challenges could alter projections).
- Pipeline developments, notably biosimilars or new formulations.
- Reimbursement policy shifts, especially concerning value-based contracts.
- Emergence of alternative therapies with better convenience or efficacy profiles.
Concluding Insights
The market for NDC 00904-7417 is characterized by moderate to high demand within a competitive and evolving landscape. Its pricing trajectory hinges upon patent protections, competitive entries, and reimbursement dynamics. Stakeholders should strategically focus on differentiating the product, optimizing formulary positioning, and engaging in value-based pricing negotiations to sustain profitability amid impending generic and biosimilar entries.
Key Takeaways
- The current price of NDC 00904-7417 is supported by patent protection and its therapeutic positioning but faces imminent competition pressures.
- Market demand aligns with the prevalence of the target condition, but competitive dynamics and reimbursement policies substantially influence market share.
- Short-term stability in pricing is expected, but significant price reductions are likely within 3-5 years due to biosimilar competition.
- Strategic focus on differentiating the product through clinical outcomes and value-based arrangements can buffer against generic erosion.
- Continuous monitoring of regulatory developments and pipeline innovations is crucial for refining long-term pricing strategies.
FAQs
1. What factors most significantly influence the price of NDC 00904-7417?
The primary factors include patent protection status, competitive market entries, reimbursement policies, clinical efficacy, and manufacturing costs.
2. How will biosimilar entry affect the market and pricing for this drug?
Biosimilar entry typically exerts downward pressure on prices, with discounts ranging from 20-50%, depending on market acceptance and regulatory pathways.
3. What is the typical timeline for price decline after patent expiration?
Price reductions generally begin within 1-2 years post-patent expiration, but the magnitude depends on market competition and biosimilar uptake.
4. How do reimbursement policies impact pricing strategies?
Reimbursement policies that favor high-cost drugs or offer favorable formulary placement enable premium pricing, while restrictive policies can compress margins.
5. What strategic actions can manufacturers take to maintain profitability?
Innovating through improved formulations, expanding indications, engaging in value-based contracts, and navigating patent protections effectively are critical strategies.
Sources
[1] FDA Drug Database, 2023.
[2] IQVIA, 2023. Market Dynamics in Specialty Pharmaceuticals.
[3] CMS Reimbursement & Formularies Reports, 2023.
[4] Biosimilar Market Trends, 2022.
[5] Industry Analyst Reports, 2023.
This analysis aims to provide a comprehensive understanding of the current market and future pricing outlook for NDC 00904-7417. Continuous market monitoring and strategic agility are recommended to optimize value capture.
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