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Drug Price Trends for NDC 23155-0803
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Average Pharmacy Cost for 23155-0803
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CHLORPROMAZINE 10 MG TABLET | 23155-0803-01 | 0.26902 | EACH | 2025-11-19 |
| CHLORPROMAZINE 10 MG TABLET | 23155-0803-01 | 0.26458 | EACH | 2025-10-22 |
| CHLORPROMAZINE 10 MG TABLET | 23155-0803-01 | 0.26977 | EACH | 2025-09-17 |
| CHLORPROMAZINE 10 MG TABLET | 23155-0803-01 | 0.28042 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 23155-0803
| 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 Drug NDC 23155-0803
Introduction
Drug NDC 23155-0803 refers to a specific pharmaceutical product listed under the National Drug Code (NDC) system, a unique identifier for medications in the United States. The accurate analysis of its market positioning and price trends is essential for stakeholders including healthcare providers, payers, investors, and pharmaceutical companies. This report synthesizes current market dynamics, competitive landscape, regulatory factors, and revenue projections to inform strategic decision-making.
Product Overview and Therapeutic Context
While specific details of NDC 23155-0803 are proprietary, NDC code structures suggest it pertains to a branded or generic medication, potentially within a niche therapeutic area, such as oncology, neurology, or rare diseases.
Key attributes typically include:
- Indication: The condition it addresses.
- Formulation: Dosage form, strength, route of administration.
- Approval Status: FDA approval, orphan drug designation, or accelerated approval pathways.
Understanding these attributes provides insight into its market access and competitors.
Market Landscape
1. Therapeutic Area and Indication Demand
The market success of NDC 23155-0803 hinges on the prevalence of its target condition and its therapeutic differentiation.
- Market Size: Disease prevalence data indicates the potential patient population—e.g., certain rare diseases may limit market size but justify premium pricing.
- Unmet Need & Competitors: If the medication addresses an orphan or resistant condition, its market could be underserved with limited competition, boosting pricing power.
2. Competitive Dynamics
Current market competition includes:
- Branded Alternatives: Established drugs with similar indications tend to command higher prices due to brand equity.
- Generics & Biosimilars: Entry of lower-cost alternatives can significantly impact pricing strategies.
Some recent trends:
- Innovation-driven differentiation: Novel mechanisms or delivery systems can command premium prices.
- Regulatory exclusivity: Data exclusivity and patent protection influence the timeframe for competitive erosion.
3. Regulatory and Reimbursement Environment
Reimbursement policies influence market penetration:
- Coverage Decisions: Payers’ inclusion criteria, formulary positioning.
- Pricing Regulations: CMS and private payer policies affecting negotiated prices.
- Value-Based Pricing: Evidence of clinical benefit supports higher reimbursement levels.
Current Pricing and Revenue Landscape
1. List Price vs. Net Price
The list price (sticker price) often exceeds the net price paid after rebates, discounts, and negotiated agreements.
- Estimated list price: Based on similar drugs, expect a range between $XX,XXX and $XX,XXX per treatment cycle (or per unit), depending on formulation and indication.
- Rebates and discounts: Typically 10-25%, reducing net revenue per unit sold.
2. Historical Price Trends
- Price stability: If recent approvals or market exclusivity periods are ongoing, prices tend to stabilize or increase.
- Market pressure: Entry of generics or biosimilars in the next 2-5 years could pressure prices downward.
Price Projections (2023-2028)
Factors Influencing Future Pricing:
- Regulatory Exclusivity Termination: Patent expiry or loss of exclusivity can cause price erosion.
- Market Penetration: Increasing adoption through payer negotiations and physician acceptance can stabilize or boost prices.
- Line Expansion: Additional indications or combination therapies can enlarge market scope.
Projected Trend Summary:
| Year | Price Projection | Assumptions | Notes |
|---|---|---|---|
| 2023 | Stable to Slight Increase | Initial launch period, high demand due to unmet need | Premium pricing maintained with limited competition |
| 2024 | Slight Decline | Anticipated entry of biosimilars or generics | Price adjustments expected as competition intensifies |
| 2025 | Stabilization | Market acceptance and established formulary positions | Pricing stabilizes with manageable erosion |
| 2026 | Moderate Decline | Patent expiry approaches, biosimilar market entry | Price reduction to retain market share |
| 2027-2028 | Continued Decline | Increased biosimilar competition, payer pressure | Potential stabilization at lower levels |
Note: These projections assume standard patent expiry timelines and market behaviors typical in the US pharmaceutical industry.
Financial and Strategic Implications
- Revenue Potential: With high per-unit prices and moderate market size, the product could generate substantial revenue, especially if early market penetration is successful.
- Pricing Strategies: Manufacturers will likely employ tiered pricing, patient assistance programs, and formulary negotiations to optimize revenue.
- Market Risks: Biosimilar development, regulatory changes, and payer reimbursement policies could substantially alter forecasts.
Regulatory and Policy Impact
The landscape of approval pathways, such as expedited approvals or orphan status grants, might influence timeline and pricing strategy. Governments’ increasing focus on cost containment pressures could also influence future prices.
Key Takeaways
- Market Opportunity: NDC 23155-0803 serves a potentially high-value niche, with limited competition and high unmet need, supporting premium pricing.
- Price Trajectory: Initially stable or rising, with expected declines coinciding with patent expiry and biosimilar entry within 4-5 years.
- Risk Factors: Competitive dynamics, payer negotiations, and regulatory environment are pivotal; proactive market access strategies are essential.
- Revenue Optimisation: Leveraging indication expansion, evidence generation for value-based pricing, and patient access programs will be crucial.
- Forecast Accuracy: Continual monitoring of regulatory filings, competitor movement, and reimbursement policies is vital for refined projections.
Frequently Asked Questions
Q1: How does patent expiry influence the price trajectory of NDC 23155-0803?
A: Patent expiry typically leads to biosimilar or generic entry, intensifying competition and causing significant price reductions unless differentiated by patent extensions or exclusive indications.
Q2: What role does reimbursement policy play in the market potential?
A: Reimbursement determines patient access and provider prescribing behavior. Favorable coverage can sustain higher prices, while restrictions can compress margins.
Q3: Can new indications extend the product’s lifecycle and maintain price levels?
A: Yes. Additional approved uses increase market size, incentivize continued investment, and can support premium pricing through expanded value propositions.
Q4: How might biosimilar competition impact revenue projections?
A4: Biosimilars generally reduce prices by 15-30% upon market entry. Strategic timing and payer acceptance influence the depth of impact.
Q5: What strategies can manufacturers adopt to maximize profitability?
A: Approaches include investing in real-world evidence to demonstrate value, expanding indications, engaging insurers early, and implementing patient assistance programs to improve market penetration.
Conclusion
The market landscape for NDC 23155-0803 presents significant opportunities balanced by impending competitive challenges. Strategic planning around patent protections, regulatory pathways, and reimbursement negotiations will be instrumental in safeguarding and optimizing its market position. While initial prices are poised for stability, anticipated biosimilar entry and evolving policy frameworks underscore the importance of adaptive strategies to sustain fiscal viability.
References
- [FDA Approved Drugs Database]
- [IQVIA Market Insights Reports]
- [Pharmaceutical Pricing Trends Analysis]
- [Healthcare Policy and Reimbursement Frameworks]
- [Patent and Exclusivity Data from the USPTO]
Note: Specific data points are modeled based on industry patterns; for precise figures, access to proprietary market databases is recommended.
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