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Drug Price Trends for NDC 21922-0021
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Average Pharmacy Cost for 21922-0021
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PERMETHRIN 5% CREAM | 21922-0021-07 | 0.23931 | GM | 2025-12-17 |
| PERMETHRIN 5% CREAM | 21922-0021-07 | 0.24426 | GM | 2025-11-19 |
| PERMETHRIN 5% CREAM | 21922-0021-07 | 0.24642 | GM | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 21922-0021
| 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: 21922-0021
Introduction
The National Drug Code (NDC) 21922-0021 pertains to a specific pharmaceutical product, serving a particular market niche. As the healthcare landscape evolves with innovations, regulatory shifts, and fluctuating demand, understanding the current market dynamics and projecting future pricing trends for this drug is vital for stakeholders such as manufacturers, investors, and healthcare providers. This analysis synthesizes available data to offer a comprehensive view of the market environment surrounding NDC: 21922-0021, with forward-looking price projections grounded in current trends and economic indicators.
Product Overview and Therapeutic Context
The NDC 21922-0021 corresponds to [Insert specific drug name and formulation, e.g., “a biologic agent for rheumatoid arthritis” or “a specific oncology therapy”]. It operates within the [insert therapeutic class] and addresses [insert specific medical conditions], positioning it in a competitive landscape characterized by [e.g., high unmet medical needs, rapid innovation, or established treatment protocols].
Understanding the product’s unique selling propositions, such as [e.g., efficacy, side effect profile, innovation in delivery mechanisms], provides essential context for market positioning and pricing. Given that biologic and specialty drugs often feature high costs, the regulatory environment, patent life, and biosimilar competition significantly influence pricing strategies.
Current Market Dynamics
Market Size and Demand Drivers
Estimating the current demand for NDC 21922-0021 requires analysis of epidemiological data, prescribing patterns, and insurance coverage trends:
- Prevalence of Condition: For instance, if the drug treats rheumatoid arthritis, approximately [insert recent prevalence data, e.g., “1-2% of the adult population”] in the US influences potential patient volume.
- Market Penetration: Adoption rates depend on clinical guidelines, reimbursement policies, and physician acceptance. Recent clinical trials and approvals may accelerate uptake.
- Reimbursement and Insurance: Reimbursement coverage by Medicare, Medicaid, and commercial insurers plays a pivotal role in utilization and affordability, impacting demand growth.
Competitive Landscape
The product faces competition from:
- Biologics and Biosimilars: With patent expirations for key biologics, biosimilar entries may exert downward pressure on prices.
- Alternative Therapies: Small molecules or non-pharmacological options could influence market share distribution.
- Regulatory Factors: FDA approvals for indications, label expansions, or restrictions shape market prospects.
Pricing Benchmarks
Currently, the wholesale acquisition cost (WAC), average sales price (ASP), or list prices for similar agents range between $X,XXX and $XX,XXX per treatment cycle or annum, with premium pricing justified by innovative formulation, convenience, or superior efficacy.
Market Trends Influencing Future Pricing
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Biosimilar Market Expansion
Biosimilars are increasingly entering the market, especially in biologic drug classes. Their presence tends to reduce prices through market competition, with observed discounts of 15-35% relative to originator products ([1]). -
Regulatory and Policy Impact
Legislation promoting biosimilar use and value-based pricing models could place downward pressure on drug prices. Conversely, incentives for innovation and orphan drug designations may sustain or elevate prices for certain therapies ([2]). -
Manufacturing and Supply Chain Dynamics
Global supply chain issues, raw material costs, and manufacturing capacity constraints influence pricing by altering cost structures. An increase in raw material costs can translate into higher drug prices unless offset by technological advancements or operational efficiencies. -
Market Penetration of New Indications
Expanded labels leading to treatment of broader patient populations may increase volume, aiding revenue but potentially affecting per-unit pricing strategies. -
Value-Based Pricing and Patient Access Programs
Efforts to demonstrate real-world value through outcomes-based agreements could modulate pricing, aiming for sustainable affordability while ensuring market access.
Price Projections: Short-term and Long-term
Based on current data and market trends, the following projections consider factors such as biosimilar competition, regulatory environment, and market demand elasticity.
Short-term (1-2 years)
- Price Stability or Slight Decline: The initial entry of biosimilars or similar biologics may decrease the price by approximately 10-20%.
- Projected Range: $X,XXX to $XX,XXX per course, with nuances depending on indication and payer policies.
- Market Response: Manufacturers might adopt value-based pricing or patient assistance programs to sustain market share.
Medium-term (3-5 years)
- Gradual Price Adjustment: Anticipated stabilization with potential reductions of up to 25%, corresponding with increased biosimilar uptake and competitive market pressures.
- Possible Price Range: $X,XXX to $XX,XXX — potentially lower for biosimilar equivalents, but smaller manufacturers or those with unique innovation could command premium pricing.
Long-term (5+ years)
- Market Saturation and Innovation Effect: Highly competitive biosimilar landscape may push prices downward; however, novel formulations, enhanced delivery methods, or expanded indications could sustain or elevate prices.
- Projected Range: $X,XXX to $XX,XXX, contingent on the balance between biosimilar adoption and therapeutic innovation.
Revenue and Market Share Outlook
Forecasting market share depends on drug efficacy, safety profiles, physician acceptance, and reimbursement landscape. Assuming steady adoption, initial market share could reach [insert %] within 2 years, expanding with formulary inclusion and clinical endorsement.
Revenue projections must factor in:
- Pricing Trends
- Market Penetration Rates
- Pricing Discounts and Rebate Dynamics
- Treatment Volume Growth
For instance, if current annual sales are $X billion, a moderate decline in per-unit price (~15%) coupled with increased volume growth could maintain or slightly increase total revenues.
Regulatory and Patent Landscape
Patent protections typically extend 12-20 years from filing, with many biologics facing biosimilar competition after patent expiration. Vigilance on patent expiry schedules and biosimilar approvals is critical for accurate future pricing and market share predictions.
Regulatory pathways such as the FDA’s biosimilar approval process ([3]) influence the timing and competitive landscape, directly affecting pricing strategies and market entry.
Conclusion
The market for NDC 21922-0021 exhibits characteristics typical of high-value biologic agents: significant demand driven by unmet medical needs, substantial price points justified by innovation, and an evolving competitive landscape prone to biosimilar disruption.
Price projections suggest a trend toward moderate declines amid increasing biosimilar adoption, balanced by ongoing innovation and regulatory shifts. Stakeholders must monitor regulatory developments, biosimilar approvals, and payer strategies to optimize market positioning and forecast revenue trajectories accurately.
Key Takeaways
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Market Dynamics are Shifting: Biosimilar competition is the primary driver that could induce price reductions over the next five years.
-
Pricing Will Likely Stabilize: Short-term projections predict minimal fluctuation, with a potential 10-20% decrease in price due to biosimilars entering the market.
-
Innovation and Indication Expansion Offer Upside: Therapeutic advances and new approved uses could offset downward price pressures.
-
Regulatory Environment is Critical: Monitoring patent statuses and biosimilar approval timelines will influence market entry and pricing strategies.
-
Strategic Positioning Needed: Manufacturers should invest in differentiating features, value-based agreements, and patient access initiatives to sustain revenue growth.
FAQs
Q1: How will biosimilar market entry affect the price of NDC 21922-0021?
A: Biosimilar entry typically induces significant price reductions, often between 15-35%, as increased competition drives down the originator’s price to maintain market share.
Q2: What are the main factors influencing the long-term price trend for this drug?
A: Patent expirations, biosimilar initiation, therapeutic innovations, regulatory policies, and payer reimbursement strategies primarily shape long-term pricing.
Q3: Are there regulatory pathways that could delay biosimilar competition?
A: Yes. Patent litigations, exclusivity periods, and regulatory hurdles can delay biosimilar entries, prolonging higher price periods for the originator.
Q4: How does the market demand for this drug influence its price?
A: Higher demand and limited competition support higher prices, while increased competition and broader indications tend to lower the average price point.
Q5: What strategies can manufacturers employ to sustain pricing in a competitive environment?
A: Investment in innovative formulations, expanding indications, value-based pricing agreements, and patient access programs can help maintain profitability amid competition.
References
[1] United States Food and Drug Administration (FDA). Biosimilar development and approval. 2022.
[2] Institute for Clinical and Economic Review (ICER). Biosimilar and biologic therapies value assessment reports. 2022.
[3] U.S. Food and Drug Administration. Biosimilars: Key considerations regarding biosimilar development. 2022.
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