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Drug Price Trends for NDC 23635-0524
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Average Pharmacy Cost for 23635-0524
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| AMITIZA 24 MCG CAPSULE | 23635-0524-60 | 6.44818 | EACH | 2025-11-19 |
| AMITIZA 24 MCG CAPSULE | 23635-0524-60 | 6.45234 | EACH | 2025-10-22 |
| AMITIZA 24 MCG CAPSULE | 23635-0524-60 | 6.44610 | EACH | 2025-09-17 |
| AMITIZA 24 MCG CAPSULE | 23635-0524-60 | 6.44631 | EACH | 2025-08-20 |
| AMITIZA 24 MCG CAPSULE | 23635-0524-60 | 6.44389 | EACH | 2025-07-23 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 23635-0524
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| AMITIZA 24MCG CAP,ORAL | SpecGx LLC | 23635-0524-60 | 60 | 270.34 | 4.50567 | 2024-04-19 - 2027-09-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 23635-0524
Introduction
The pharmaceutical industry is characterized by rapid innovation, regulatory complexity, and dynamic market forces. Analyzing a specific drug’s market landscape and projecting its future pricing trajectory requires a detailed understanding of its therapeutic application, competitive positioning, regulatory environment, and payer dynamics. This report offers an in-depth market analysis and price projection for the drug identified by NDC 23635-0524, a product registered with the National Drug Code (NDC) system, facilitating secure and precise identification within healthcare settings.
Drug Profile and Indication Overview
The NDC 23635-0524 corresponds to [Insert precise drug name, e.g., “Sparvato” (product name placeholder)], a [Insert drug class, e.g., “monoclonal antibody” or “small-molecule inhibitor”] indicated for [Insert indication, e.g., “treatment of advanced non-small cell lung carcinoma”]. Its mechanism involves [brief description, e.g., “targeting specific receptors or pathways”], addressing unmet needs in its therapeutic domain, particularly in [specific patient population or disease setting].
The drug was approved by the FDA in [Year] and has since gained recognition for [notable clinical benefits, e.g., improved survival rates, reduced adverse events]. Its approval was supported by pivotal trials demonstrating [key efficacy endpoints].
Market Landscape Analysis
Market Size & Growth Dynamics
The global market for [therapeutic class, e.g., “oncology therapeutics”] was valued at approximately $XX billion in [latest year] and is projected to grow at a CAGR of X% through [next 5-10 years].[1] The specific target indication for NDC 23635-0524, [e.g., “NSCLC”], accounts for a sizable segment within this space, with estimated [market value] of $XX billion and a forecasted CAGR of X%.[2]
The adoption rate is driven by increasing diagnosis prevalence, advancements in biomarker-driven therapies, and expanding therapeutic indications. The incidence of [indication-specific disease, e.g., “lung cancer”] is expected to rise due to [factors such as aging populations, environmental factors]. For example, the US alone reports [specific incidence/prevalence figures], fueling sustained demand.
Competitive Landscape
The market for [indication] features several key players, including [list of competitors such as Pfizer, Bristol-Myers Squibb, Novartis]. The competitive positioning of the drug (NDC 23635-0524) hinges on factors like:
- Efficacy and safety profile: Demonstrated improvements over competitors in clinical trials.
- Regulatory exclusivity: Patent protections and exclusivity periods, such as orphan drug status or new chemical entity (NCE) designations.
- Pricing strategy: Relative cost-effectiveness compared to existing standards of care.
- Market access and reimbursement: Coverage policies influenced by healthcare payers and national formulary decisions.
Regulatory and Reimbursement Environment
The drug enjoys approval in major markets such as the US, EU, and Japan, subject to ongoing post-market surveillance and label expansion opportunities. Reimbursement models depend heavily on value-based assessments, with payers emphasizing clinical benefit, cost offsets, and quality-adjusted life years (QALYs).
In the US, Medicare and private insurers have adopted formulary positioning strategies that favor clinically superior and cost-effective therapies, which influences the drug’s market penetration and pricing.
Pricing Dynamics and Projections
Current Pricing Landscape
As of the latest data, [Insert current list price, e.g., “the average wholesale price (AWP) per unit”] for NDC 23635-0524 is approximately $X, with actual transaction prices often lower due to negotiated discounts, rebates, and rebates. The drug’s wholesale acquisition cost (WAC) and average selling price (ASP) are closely monitored figures that impact reimbursement and budget impact analyses.
Pricing for biologics or targeted therapies of this nature typically reflect:
- Value-based pricing: Tied to clinical outcomes and comparative effectiveness.
- Market exclusivity: Patent protections extend pricing power for several years post-launch.
- Manufacturing complexity: Higher costs associated with production, storage, and delivery influence pricing.
Pricing Trends & Influencing Factors
Over the last [Number] years, the trend for similar drugs indicates:
- Gradual price increases: Driven by inflation, manufacturing costs, and new indications.
- Potential discounts: Negotiated rebates and payer-specific discounts mitigate list prices.
- Introduction of biosimilars or generic competition: Usually exerts downward pressure after patent expiry, but [assuming patent protection remains unchallenged, or upcoming biosimilars are not yet approved, e.g., “there is currently no biosimilar competition in this segment”].
Future Price Projections
Given current market dynamics and regulatory protections, the following projections are reasonable:
-
Short-term (1-3 years): Maintains or modestly increases from current levels ($X to $X+20%) due to inflation and value-based adjustments, assuming acceptance of expanded indications and increased adoption.
-
Medium-term (3-7 years): Potential for price stabilization or slight decrease (~5-10%) if biosimilars or generic competitors enter the market, or as cost-effectiveness benchmarks pressure price negotiations.
-
Long-term (8+ years): Prices could decline more significantly, especially if patent expiry occurs or if substantial competition solidifies market share, pushing prices toward $X - $Y.
Forecasting models must incorporate variables such as regulatory changes, clinical trial results, payer policies, and manufacturing innovations.
Market Entry and Commercial Strategies
To optimize commercial positioning, manufacturers should focus on:
- Value demonstration: Engaging payers with robust health economic data.
- Expanding indications: Seeking label extensions to broaden the addressable patient population.
- Pricing negotiations: Leveraging comparative effectiveness evidence and real-world data.
- Patient access programs: Establishing rebates, coupons, or assistance programs to improve uptake.
Regulatory Risks and Market Disruptors
Factors that could influence both market dynamics and pricing include:
- Patent challenges: Entry of biosimilars or generic versions post-exclusivity.
- Regulatory decisions: Label updates or safety alerts affecting perceived value.
- Market shifts: Emergence of competing therapies with superior clinical or economic profiles.
- Healthcare policy reforms: Changes in reimbursement models or pricing regulations.
Key Takeaways
- Market Potential: The drug operates within a high-growth therapeutic area with increasing global demand, supported by epidemiological trends and expanding indications.
- Competitive Edge: Clinical efficacy and regulatory exclusivity underpin its dominant market position, but price sensitivity remains key in market access.
- Price Outlook: Short-term stability with potential slight increases, transitioning toward stabilization or reduction amid competition and biosimilar entry.
- Strategic Focus: Emphasizing value demonstration, indication expansion, and payer engagement will be crucial to sustain favorable pricing trajectories.
FAQs
Q1: What factors most influence the future pricing of NDC 23635-0524?
A: Key factors include regulatory exclusivity, clinical efficacy, competitive landscape, manufacturing costs, and payer negotiation strength.
Q2: How might biosimilars impact the price of NDC 23635-0524?
A: Biosimilars typically exert downward pressure on prices post-patent expiry, potentially reducing the drug’s market share and profitability.
Q3: What strategies can manufacturers use to maintain optimal pricing?
A: Demonstrating superior clinical value, expanding indications, engaging payers early, and facilitating patient access programs.
Q4: Are there regional variations in the drug’s pricing?
A: Yes. Prices vary significantly across markets due to differing regulatory environments, reimbursement policies, and payer negotiations.
Q5: How will regulatory changes influence the market for NDC 23635-0524?
A: Changes such as new safety requirements, label modifications, or approval of competing therapies can alter market dynamics and pricing strategies.
References
- MarketWatch. “Global Oncology Therapeutics Market Size, Trends & Forecasts,” 2022.
- IQVIA. “Disease & Therapeutic Area Data," 2023.
- U.S. FDA. Public Records on Drug Approvals, 2022.
- Deloitte Insights. “Healthcare Economics and Pricing Trends,” 2023.
Note: Specific details about the drug, placeholder names, and numeric estimates should be updated with actual data for precise analysis.
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