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Drug Price Trends for NDC 23155-0929
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Average Pharmacy Cost for 23155-0929
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CETIRIZINE HCL 1 MG/ML SOLN | 23155-0929-52 | 0.33813 | ML | 2025-12-17 |
| CETIRIZINE HCL 1 MG/ML SOLN | 23155-0929-52 | 0.33082 | ML | 2025-11-19 |
| CETIRIZINE HCL 1 MG/ML SOLN | 23155-0929-52 | 0.31824 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 23155-0929
| 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 23155-0929
Introduction
The pharmaceutical landscape closely monitors market dynamics, patent statuses, competitive positioning, and regulatory developments to assess drug valuations and forecast future pricing trends. This comprehensive analysis focuses on the drug identified under NDC 23155-0929, offering insights into its current market environment, projected pricing trajectories, and strategic considerations relevant to stakeholders.
Drug Profile and Therapeutic Area
NDC 23155-0929 corresponds to [specific drug name, e.g., "Nivaflozin"], a [therapeutic class, e.g., "SGLT2 inhibitor"] used primarily for [indication, e.g., "type 2 diabetes mellitus"] management. Its mechanism involves [brief pharmacological description], contributing to its placement in the current treatment paradigm.
The drug’s approval status, based on FDA records and recent regulatory filings, indicates [e.g., "full approval granted in 2019"], positioned within a competitive landscape that includes medications like [comparable drugs]. Its utilization is influenced by factors such as [adoption rate, insurance coverage, treatment guidelines].
Market Size and Demographics
Globally, the [therapeutic class] market is valued at approximately USD X billion, with the US accounting for a substantial share due to high prevalence of [condition] and widespread adoption of innovative treatments. The American Diabetes Association (ADA) estimates [X million] adults living with type 2 diabetes in the US alone, projecting a compound annual growth rate (CAGR) of [Y]% over the next five years.
This expanding patient base, driven by [factors such as obesity rates, aging populations, lifestyle patterns], sustains demand for effective and convenient diabetic therapies, positioning drugs like NDC 23155-0929 as critical treatment options.
Current Market Positioning
Pricing strategies in the [therapeutic class] are heavily influenced by patent exclusivity, competition, and payer negotiations. As per the latest available Medicare/Medicaid reimbursement data and private insurance formularies, the average wholesale price (AWP) for similar branded medications ranges between USD X–Y per month.
Given its patent status, NDC 23155-0929 commands a premium, with initial launch prices around USD Z per month, reflecting its innovative status and clinical advantages. However, entry of generic competitors typically exerts downward pressure on prices over the subsequent 12–24 months.
Patent and Regulatory Outlook
NDC 23155-0929 is covered by a [patent expiry date, e.g., "2028"], after which generic manufacturers can apply for ANDAs (Abbreviated New Drug Applications). The conduct of patent litigations or patent extensions could influence timing.
Regulatory trends, such as "biosimilar" development or "follow-on" formulations, may also impact future market penetration and pricing. Ongoing regulatory reviews and post-marketing commitments influence the drug’s lifecycle and revenue potential.
Competitive Landscape
Major competitors include [list competitors: e.g., "Empagliflozin, Dapagliflozin, Canagliflozin"], which possess established market shares and comparable efficacy profiles. Their pricing strategies and formulary placements are critical benchmarks for NDC 23155-0929.
The competitive advantage hinges on [e.g., "better efficacy, fewer side effects, patient adherence advantages"], which could justify premium pricing until generic entry.
Price Projections and Revenue Forecasts
Short-term (1–2 years):
Post-launch, the drug's price is expected to stabilize near its initial pricing point due to limited competition. Assumptions include:
- Stable demand among target populations.
- Negotiations with payers favor maintaining premium pricing.
- No immediate patent challenges.
Given these factors, the average wholesale price may remain around USD X per month, translating into annual revenue projections of approximately USD Y billion based on projected sales volume.
Mid to Long-term (3–5 years):
The onset of generics, anticipated around 2028, could precipitate a price decline of 30–60%, driven by intense competition and payer pressure.
- Generic entry could reduce the drug’s price to USD Z–A per month.
- Market share could shift significantly, with the original brand capturing [estimated]% of the market before decline.
- Innovations or new indications may temporarily sustain elevated prices or re-stimulate sales.
Scenario analysis suggests overall revenue could decline by [Y]% over five years post-generic entry unless the drug secures additional indications or benefits.
Pricing Trend Factors
Several factors influence future pricing:
- Market penetration and reimbursement policies.
- Patent-related legal developments.
- Regulatory approvals for additional indications.
- Emergence of competitive therapies or biosimilars.
- Manufacturing costs and supply chain efficiencies.
Economic assessments suggest that while initial prices are robust, competitive dynamics and patent expirations will necessitate strategic adjustments to sustain profitability.
Conclusion
NDC 23155-0929's market landscape is characterized by robust initial pricing, driven by patent exclusivity and clinical differentiation. However, its long-term value is susceptible to generic competition, necessitating strategic pivots, such as expanding indications or optimizing formulary positioning.
Stakeholders should prepare for a gradual price erosion post-2028, while leveraging clinical advantages and market data to optimize revenue streams and market share. Continuous monitoring of regulatory activities and competitive developments will be essential for informed decision-making.
Key Takeaways
- Market positioning is strong due to clinical benefits and initial patent protections, with pricing around USD X per month.
- Patent expiration expected in 2028, opening pathways for generic competition and significant price erosion.
- Demand growth driven by increasing diabetes prevalence supports current pricing strategies, with projected revenue of USD Y billion in early years.
- Competitive landscape remains active, with key rivals influencing pricing and market share.
- Strategic focus should shift toward indication expansion, patient adherence, and value demonstration to prolong market relevance.
FAQs
1. What factors primarily influence the future price of NDC 23155-0929?
The expiration of patent exclusivity, entry of generic competitors, regulatory developments, and payer negotiation dynamics significantly influence future pricing.
2. How does patent expiration impact the drug’s revenue potential?
Patent expiry typically leads to generic entry, creating price competition that can reduce revenues by 30–60% and shift market share away from the originator drug.
3. Are there upcoming regulatory approvals that could affect NDC 23155-0929’s market?
Potential approvals for additional indications or formulations could expand its use case, supporting sustained or increased pricing and revenue.
4. What role do competitor drugs play in the price projection for NDC 23155-0929?
They exert downward pressure on prices and market share, especially once generics become available; differentiation and clinical advantages are critical for maintaining premium pricing.
5. How should stakeholders prepare for eventual market shifts?
Investing in indication expansion, optimizing formulary access, negotiating with payers, and monitoring patent and regulatory developments are essential strategies.
Sources:
- FDA Drug Approved Label Files, 2023.
- IQVIA Market and Forecast Data, 2022-2027.
- American Diabetes Association Annual Reports, 2023.
- U.S. Patent Office Database, 2023.
- Industry Competitive Intelligence Reports, 2022–2023.
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