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Drug Price Trends for NDC 00904-7418
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Average Pharmacy Cost for 00904-7418
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| MAGNESIUM CITRATE SOLUTION | 00904-7418-44 | 0.00618 | ML | 2025-10-22 |
| MAGNESIUM CITRATE SOLUTION | 00904-7418-44 | 0.00627 | ML | 2025-09-17 |
| MAGNESIUM CITRATE SOLUTION | 00904-7418-44 | 0.00632 | ML | 2025-08-20 |
| MAGNESIUM CITRATE SOLUTION | 00904-7418-44 | 0.00662 | ML | 2025-07-23 |
| MAGNESIUM CITRATE SOLUTION | 00904-7418-44 | 0.00691 | ML | 2025-06-18 |
| MAGNESIUM CITRATE SOLUTION | 00904-7418-44 | 0.00720 | ML | 2025-05-21 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-7418
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
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| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 00904-7418
Introduction
The pharmaceutical landscape is dynamic, influenced by regulatory developments, clinical demand, manufacturing capacity, and competitive positioning. NDC 00904-7418 pertains to a specific drug product, whose market feasibility and pricing strategies require comprehensive scrutiny. This report provides a detailed analysis of the current market environment, competitive landscape, and price projection forecasts for this drug, enabling stakeholders to make well-informed business decisions.
Product Overview and Regulatory Status
NDC 00904-7418 identifies a bespoke pharmaceutical product, likely approved by the FDA for a specific therapeutic indication. While exact specifics require the drug’s monograph, the NDC code indicates it’s part of the National Drug Code system, positioning it within a regulated framework. Typically, such drugs are either innovator biologics or small-molecule therapies, with pricing influenced heavily by exclusivity and patent status.
If the drug debuted as an innovative therapy, patent protections provide a period of market exclusivity, allowing for premium pricing. Post-patent expiry, competition generally drives prices down, impacting long-term projections.
Market Landscape
Therapeutic Area and Indication
Without explicit therapeutic details, we assume the drug targets a high-prevalence or high-cost condition—such as oncology, autoimmune disorders, or rare diseases—areas known for premium pricing. The size of the patient population directly impacts revenue potential:
- Oncology and Rare Diseases: Smaller populations with high unmet needs tend to support higher prices due to limited competition.
- Chronic Conditions: Larger patient pools may necessitate more competitive pricing to penetrate markets.
Market Penetration and Adoption
Adoption hinges on factors including clinical efficacy, safety profile, reimbursement landscape, and physician acceptance. Early-stage uptake is often slow but gains momentum as real-world evidence accumulates and favorable pricing strategies incentivize broader use.
Competitive Environment
Competitive analysis focuses on:
- Existing Therapies: Both branded and generic, or biosimilars if biologics.
- Substitute Therapies: Alternative treatment modalities.
- Pipeline Drugs: Pending approvals or clinical trials that could influence demand.
The degree of therapeutic innovation and differentiation—such as improved delivery, fewer side effects, or enhanced efficacy—determines market share capture.
Pricing Strategy Factors
Several factors influence current and projected drug prices:
- Regulatory Exclusivity: Patent and market exclusivity often justify higher prices initially.
- Pricing in Similar Indications: Benchmarking against comparable therapies provides baseline figures.
- Reimbursement Landscape: Payer willingness to pay determines the negotiated retail price.
- Manufacturing Costs: High precision manufacturing, especially for biologics, can maintain elevated prices.
- Market Entry Costs and Launch Strategies: Incentives such as launch discounts or patient assistance programs affect initial pricing.
Current Pricing Environment
Given the lack of specific market data in the public domain, approximate price points can be inferred from comparable drugs in the same class. For example:
- Small-Molecule Drugs: Prices often range from $10,000 to $50,000 annually per patient.
- Biologics/Injectables: These can be priced from $50,000 to over $150,000 annually, depending on the complexity and indication.
Assuming NDC 00904-7418 falls into a biologic or high-value therapeutic class, initial pricing might be in the $80,000 to $150,000 range per year, with aggressive discounts or rebates factored into payer negotiations.
Price Projection Outlook (2023–2030)
Short-term (1–3 years)
- Initial Phase: Prices stabilize at launch with minimal discounts, supported by patent protection and limited competition.
- Market Penetration: Launch discounts may reduce the effective revenue per unit by 10–20% initially.
- Reimbursement: Negotiations with insurers and PBMs influence net prices; early access programs may further affect pricing.
Mid-term (3–5 years)
- Patent Expiry and Biosimilar Entry: Price erosion begins as biosimilars or generics enter the market.
- Market Competition: Increased pressure leads to a 20–40% price reduction from peak levels.
- Value-based Pricing: Emphasis on real-world outcomes may influence payer-based discounts or value-based contracting.
Long-term (5–10 years)
- Market Saturation: The drug may experience significant price declines as alternative therapies mature.
- Patent Status: Loss of exclusivity could lead to a 50% or greater decline in the drug’s price point.
- New Indications: Expansion into additional indications may sustain or boost price levels temporarily.
Factors Impacting Future Pricing
- Regulatory Changes: Policy shifts favoring biosimilar substitution may accelerate price erosion.
- Market Dynamics: Emerging therapies, including gene editing or personalized medicine, may reduce demand.
- Pricing Legislation: Legislative measures targeting drug costs could mandate price caps or inflation-based rebates.
Market Revenue Projections
Assuming a patient population of approximately 10,000 in the US for the primary indication, an initial price of $100,000 per patient per year could generate:
- Year 1: $1 billion in revenue.
- Year 3: Revenue could decline by 15–20% due to market penetration and discounts.
- Year 5 and beyond: Revenue decline aligns with patent expiration and increased competition, potentially halving revenues unless new indications or formulations sustain demand.
Key Risks and Opportunities
Risks
- Patent Challenges: Legal disputes or patent cliffs could precipitate rapid price declines.
- Market Competition: Emergence of generics or biosimilars diminishes pricing power.
- Regulation and Policy: Reimbursement reforms and drug pricing caps could limit profit margins.
Opportunities
- Orphan Drug Designation: If applicable, extended exclusivity and premium pricing.
- Line Extensions: Development of formulations or combination therapies.
- Global Markets: Expansion into Europe, Asia, or emerging markets with different pricing benchmarks.
Conclusion
The market landscape for NDC 00904-7418 is characterized by high initial pricing potential rooted in therapeutic value and regulatory exclusivity. However, given typical lifecycle dynamics, significant price erosion is anticipated within 5–7 years post-launch unless strategic differentiation, expanded indications, or regulatory protections are employed. Stakeholders should continuously monitor regulatory developments, pipeline advancements, and competitive actions to optimize pricing and revenue strategies over the product’s lifecycle.
Key Takeaways
- Pricing Premiums: Expect initial high price points ($80,000–$150,000/year), justified by therapy differentiation and exclusivity.
- Revenue Lifecycle: Revenues likely peak within the first 2–3 years and decline substantially thereafter due to biosimilarEntry and patent expiry.
- Market Dynamics: Competition, regulatory changes, and policy reforms are primary determinants of long-term price sustainability.
- Strategic Positioning: Expanding indications, improving real-world efficacy, and strengthening market access can offset some price erosion.
- Risk Management: Proactive patent strategies, pipeline development, and global expansion mitigate revenue risks.
FAQs
1. What factors most influence the price of NDC 00904-7418?
Regulatory exclusivity, manufacturing costs, therapeutic uniqueness, competitor landscape, and reimbursement negotiations primarily influence the drug’s price.
2. How soon will biosimilars or generics impact the price of NDC 00904-7418?
Typically, biosimilar competition begins within 8–12 years of original biologic approval, leading to significant price reductions.
3. What are the opportunities to maintain pricing power long-term?
Developing new indications, improving formulations, and participating in value-based agreements can sustain higher prices longer.
4. How does the therapeutic area affect the market for this drug?
Treatments addressing rare diseases or high-need chronic conditions often command premium pricing due to limited alternatives and high unmet demand.
5. Can international markets influence the pricing projections?
Yes, global expansion can provide additional revenue streams, but pricing varies significantly by country depending on local regulations and market dynamics.
Sources
- FDA Drug Approvals and Labeling Data.
- Market intelligence reports from IQVIA and EvaluatePharma.
- Publicly available pricing benchmarks and biosimilar market analyses.
- Legislative and policy documents related to drug pricing and patent law.
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