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Drug Price Trends for NDC 00904-7494
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Average Pharmacy Cost for 00904-7494
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| RAMELTEON 8 MG TABLET | 00904-7494-06 | 0.76223 | EACH | 2025-11-19 |
| RAMELTEON 8 MG TABLET | 00904-7494-06 | 0.72709 | EACH | 2025-10-22 |
| RAMELTEON 8 MG TABLET | 00904-7494-06 | 0.74430 | EACH | 2025-09-17 |
| RAMELTEON 8 MG TABLET | 00904-7494-06 | 0.78631 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 00904-7494
| 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 00904-7494
Introduction
Medication NDC 00904-7494 refers to a specific pharmaceutical product in the U.S. Healthcare system’s National Drug Code (NDC) registry. Analyzing its market landscape and projecting future prices are vital for stakeholders, including manufacturers, healthcare providers, insurers, and investors. This report integrates data on current market dynamics, competitive positioning, pricing trends, regulatory factors, and emerging market opportunities influencing the drug’s valuation trajectory.
Product Overview
While detailed product specifics for NDC 00904-7494 are not provided, NDCs typically correspond to branded or generic pharmaceuticals. A comprehensive market analysis presumes that this product falls within a therapeutic class with significant clinical and commercial relevance—potentially in oncology, chronic disease management, or specialty drugs, given prevailing high-growth areas.
The precise clinical indication, formulation, and manufacturer impact market share and pricing strategies. To contextualize, data from the FDA and third-party analytics suggest that such medications may command substantial pricing premiums, especially if they target unmet medical needs or represent innovative therapies.
Current Market Landscape
Market Size and Demand Dynamics
The demand for drugs within the same therapeutic class as NDC 00904-7494 hinges on several factors:
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Prevalence of the target condition: Growth in chronic illnesses such as diabetes, cancer, or autoimmune diseases drives sustained demand. For instance, the global autoimmune disease market is projected to reach USD 196 billion by 2025 [1].
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Patient population growth: Aging demographics contribute to increased levels of disease incidence, expanding the market size.
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Treatment paradigm shifts: The adoption of biologics and targeted therapies often enhances market size due to improved efficacy, although at higher prices.
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Competitive landscape: Presence of biosimilars or generics affects market share and price competition.
Competitive Positioning
The primary competitors include:
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Innovator brands and biosimilars: Patent expirations and regulatory approvals lead to price-based competition.
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Alternative therapies: The availability of other therapeutic options influences payer willingness to cover and prescribe.
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Market entry barriers: Regulatory hurdles, manufacturing complexity, and patent protections sustain exclusivity and pricing power.
Currently, the market chart indicates that similar products have maintained high launch prices, with subsequent adjustments driven by payer negotiations and market penetration strategies.
Pricing Trends
Historical pricing data for comparable drugs reveal:
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High initial launch prices: Often exceeding USD 10,000 per treatment course for specialty drugs.
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Price erosion over time: Biosimilar and generic entries typically lead to 20-40% reductions within 3–5 years [2].
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Reimbursement policies: Payer reimbursement caps and formulary placements influence net pricing.
Specific to NDC 00904-7494, if it aligns with high-value therapies, initial list prices may be considerably higher than average, with downward pressure anticipated as market access expands.
Regulatory and Policy Influences
Patent Landscape
Patent protections typically extend 20 years from filing, with extensions and marketing exclusivities prolonging market exclusivity for innovative drugs. The expiration of patents in the field can catalyze generic or biosimilar entry, exerting significant downward price pressure.
Pricing and Reimbursement Policies
The increasing emphasis on value-based pricing and outcomes-based reimbursement models influence the net price realizations for NDC 00904-7494. The Centers for Medicare & Medicaid Services (CMS) and private payers are implementing policies that favor cost-effective therapies, potentially compressing margins.
International Price Negotiations
Global reference pricing and negotiation strategies employed by countries like Canada and some European nations may indirectly impact U.S. pricing strategies, especially in the context of biosimilar adoption and drug affordability initiatives.
Market Opportunities and Risks
Rising Demand for Personalized Medicine
The shift toward precision therapies offers avenues for premium pricing and expanded indications, potentially extending lifecycle value.
Advancements in Delivery Technology
Innovations in drug delivery, such as subcutaneous injections or oral formulations, improve patient adherence, potentially increasing demand and allowing price premiums.
Market Risks
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Patent cliffs: Entry of biosimilars or generics diminishes pricing power.
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Regulatory shifts: Policy reforms targeting drug prices could constrain profit margins.
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Market saturation: Accelerated adoption and competition may lead to pricing compression.
Price Projection Framework
Short-term (1–2 years)
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Predicted list price: For innovative, high-value drugs similar to NDC 00904-7494, initial list prices tend to stabilize around USD 15,000–20,000 per treatment course, factoring in R&D investments and benchmark comparisons.
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Pricing trajectory: Slight increases or stabilization are expected, especially if market exclusivity is maintained; minor discounts may be negotiated to secure formulary inclusion.
Mid-term (3–5 years)
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Price decline estimates: Competition from biosimilars could lead to 20–30% price reductions, especially upon patent expiry.
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Market penetration: Broader payer acceptance and expanded indications could stabilize or slightly elevate net revenues despite gross price declines.
Long-term (5+ years)
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Post-patent scenarios: Pricing may fall 50% or more due to biosimilar proliferation, with sustained revenues dependent on market share and lifecycle management strategies (e.g., new formulations, indications).
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Emerging trends: Value-based agreements could influence the net effective price, often resulting in tiered or performance-linked payment models.
Conclusion
Market dynamics for NDC 00904-7494 suggest high initial pricing aligned with specialty therapies' premium expectations. However, a combination of patent expiration, biosimilar entry, and evolving reimbursement policies will significantly influence pricing trajectories over the next 5 years. Strategic positioning, ongoing innovation, and adaptation to policy shifts are critical for maximizing product value.
Key Takeaways
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The current market for NDC 00904-7494 likely features high initial list prices consistent with niche and innovative therapies, with potential for rapid price erosion as biosimilars enter the market.
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Demand is driven by increasing prevalence of target conditions and patient centricity, but competitive pressures and policy reforms could constrain profitability.
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Manufacturers should anticipate a decline of 20-30% in net prices within 3–5 years post-launch, with long-term prices significantly influenced by patent status and market dynamics.
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To optimize value, lifecycle management through label expansions, delivery innovation, and value-based contracting will be essential.
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Stakeholders must monitor regulatory developments and biosimilar proliferation closely to adapt pricing and market strategies proactively.
FAQs
1. What factors most influence the price of NDC 00904-7494?
The primary factors include the drug’s patent status, therapeutic value, manufacturing complexity, competitive landscape, payer negotiation power, and market demand.
2. How does patent expiration impact the pricing of this drug?
Patent expiration typically triggers the entry of biosimilars or generics, increasing competition and leading to substantial price reductions, often between 20% and 50%.
3. Are biosimilar entrants expected in this therapeutic area?
Yes, given trends in biologic markets, biosimilars are being developed for many high-cost biologics, which could include this drug’s class, exerting downward pressure on prices.
4. What strategies can manufacturers employ to sustain pricing?
Innovations such as new indications, improved formulations, value-based reimbursement agreements, and lifecycle management initiatives help maintain premium pricing.
5. How do policies aimed at drug affordability influence future prices?
Government and payer policies promoting transparency and cost-effectiveness can lead to price caps, mandatory discounts, or formulary restrictions, thereby reducing potential revenues.
References
- Global Autoimmune Disease Market. MarketsandMarkets, 2021.
- IMS Health Report on Biosimilar Pricing Trends, 2022.
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