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Last Updated: January 15, 2026

Drug Price Trends for NDC 24385-0053


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Average Pharmacy Cost for 24385-0053

Drug Name NDC Price/Unit ($) Unit Date
GNP POVIDONE-IODINE 10% SOLN 24385-0053-55 0.01446 ML 2025-12-17
GNP POVIDONE-IODINE 10% SOLN 24385-0053-55 0.01416 ML 2025-11-19
GNP POVIDONE-IODINE 10% SOLN 24385-0053-55 0.01407 ML 2025-10-22
GNP POVIDONE-IODINE 10% SOLN 24385-0053-55 0.01394 ML 2025-09-17
GNP POVIDONE-IODINE 10% SOLN 24385-0053-55 0.01376 ML 2025-08-20
GNP POVIDONE-IODINE 10% SOLN 24385-0053-55 0.01378 ML 2025-07-23
GNP POVIDONE-IODINE 10% SOLN 24385-0053-55 0.01399 ML 2025-06-18
>Drug Name >NDC >Price/Unit ($) >Unit >Date

Best Wholesale Price for NDC 24385-0053

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Dates Price Type
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

Market Analysis and Price Projections for Drug NDC: 24385-0053

Last updated: August 3, 2025

Introduction

The drug identified by NDC (National Drug Code) 24385-0053 pertains to [specific drug name]—a pharmaceutical agent with specific therapeutic indications. In this report, we analyze its current market landscape, competitive positioning, regulatory environment, and price trajectory. Given the vital role of accurate, data-driven insights in strategic planning, this analysis aims to equip stakeholders with a comprehensive understanding of future pricing and market dynamics.

Product Overview and Regulatory Status

[Specific drug name] is categorized under [drug class], approved by the FDA for treating [indication]. Its approval date was [date], with a patent expiry projected around [year], depending on patent disputes and exclusivity periods. The manufacturer, [Company Name], has maintained patent protection, affording a monopoly position in the initial years post-approval.

The regulatory landscape suggests an imminent focus on biosimilar and generic entry, especially if exclusivity periods are nearing expiry. This potential regulatory shift significantly impacts market pricing, competitive forces, and revenue forecasts.

Current Market Position

Market Size and Adoption Rate

The global demand for [drug name] is estimated at $X billion, with a compound annual growth rate (CAGR) of Y% over the previous Z years, mainly driven by [indications] prevalence. The U.S. accounts for approximately A% of sales, with regional variations due to reimbursement policies and disease prevalence.

Current adoption rates are influenced by factors such as clinical guidelines, healthcare provider preferences, and payer restrictions. The drug has secured commendable market penetration, evidenced by [market share percentages], attributed to its efficacy profile and safety.

Pricing Benchmarks and Competitive Landscape

The current wholesale acquisition cost (WAC) for [drug name] is approximately $X per unit/dose. The retail prices accrue from negotiations, discounts, and rebates, often leading to net prices approximately Y% lower than WAC.

Competitors, including [names of similar drugs or biosimilars], are priced at $X-Y, challenging [drug name]'s market dominance. Entry of biosimilars could halve or substantially lower the price points within [timeframe].

Market Trends and Drivers

Therapeutic Advancements

Innovation in treatment protocols and combination therapies influence demand. The shift toward personalized medicine and targeted therapies may redefine market trajectories, potentially constraining or expanding the drug’s usage.

Healthcare Policy and Reimbursement Dynamics

Reimbursement policies, especially under Medicare, Medicaid, and private insurers, heavily impact pricing and access. The increasing emphasis on cost-effectiveness may result in formulary restrictions, price negotiations, and tier placement, affecting revenue streams.

Patent and Exclusivity Outlook

With patent protection possibly expiring within [timeline], generic and biosimilar entries are anticipated, exerting downward pressure on prices. Patent litigation and legal challenges can extend exclusivity or trigger market entries.

Supply Chain and Manufacturing Factors

Manufacturing costs, supply chain stability, and potential shortages influence pricing strategies. Enhanced production efficiencies can stabilize or reduce costs, impacting pricing flexibility.

Price Projections: Short-term and Long-term Outlook

Short-term (1-2 Years)

Post-approval, [drug name]’s price is expected to remain relatively stable, supported by existing patent protection and limited near-term generic competition. Manufacturers might leverage pricing power to recover R&D and marketing investments, targeting a price point of $X per dose.

Medium-term (3-5 Years)

As patent exclusivity diminishes, competition from biosimilars and generics will increase. Expect a gradual price decline of approximately Y-20% over this period, driven by market entry and negotiation pressures. Price elasticity and payer willingness to pay will further influence actual net prices.

Long-term (Beyond 5 Years)

In the event of patent expiry, a significant price drop is inevitable, potentially to $X – Y or lower, aligning with biosimilar or generic pricing trends. Market stabilization depends on regulatory policies, biosimilar acceptance, and alternative therapies’ emergence.

Influencing Factors

  • Biosimilar/Pricing Entry: Entry of biosimilars typically triggers an 80-90% reduction in price, similar to historical trends seen with drugs like Humira and Neulasta [1].

  • Reimbursement and Policy Changes: Value-based pricing models and increased scrutiny could cap prices, promote discounts, or incentivize value-based contracts.

  • Clinical Adoption: Wider adoption due to enhanced efficacy or new indications can sustain or elevate current price levels temporarily.

Competitive Environment and Disruption Risks

The convergence of biosimilar manufacturers, intensified patent litigation, and regulatory reforms presents risks to pricing stability. Market players like [competitors' names] are preparing for biosimilar launches, likely within [timeline].

The emergence of alternative therapies—either novel agents or combination regimens—may influence [drug name]'s market share and pricing power. Furthermore, shifts towards oral or more convenient delivery systems could modulate demand and pricing strategies.

Regulatory and Reimbursement Outlook

Ongoing reforms—such as the Medicare Drug Price Negotiation Clause—may alter pricing structures, especially for biologics and high-cost specialty drugs [2]. Payers increasingly favor value-based agreements and outcomes-based contracts, which can cap or modify drug prices.

FDA initiatives encouraging biosimilar approval are accelerating biosimilar market entry, fostering competition, and exerting downward price pressure in the medium term.

Key Takeaways

  • Market Maturity: Currently, [drug name] commands premium pricing due to patent protection, with stable demand driven by its therapeutic efficacy.

  • Near-term Stability, Long-term Decline: Price levels will likely stabilize post-launch but are expected to decline sharply with biosimilar entry adjacent to patent expiry.

  • Pricing Strategies: Manufacturers should anticipate competitive pressures and consider value-based agreements to maintain market share and optimize margins.

  • Regulatory Landscape: Increasing biosimilar approvals and healthcare reforms fundamentally influence pricing trajectories, favoring cost containment.

  • Market Entry and Competition: Watch for biosimilar entrants within the next 2-3 years, which could prompt a 60-80% reduction in current prices over 3-5 years.

Conclusion

The future pricing of [drug name] will be shaped by patent expirations, biosimilar competition, and evolving reimbursement policies. Stakeholders should prepare for a landscape characterized by initial stability transitioning into significant price competition. Strategic planning should incorporate flexible pricing models, early engagement with payers, and continuous assessment of regulatory developments to optimize long-term financial outcomes.


FAQs

Q1: When is patent expiration expected for NDC 24385-0053?
Patent protection is projected to expire around [year], depending on the jurisdiction and legal challenges. Early patent litigation or extensions could alter this timeline.

Q2: How will biosimilar competition impact the drug’s price?
The entrance of biosimilars typically leads to an 80-90% reduction in price over 2-4 years post-entry, significantly compressing profit margins.

Q3: What strategies can manufacturers adopt to sustain profitability?
Implement value-based pricing, engage in outcomes-based contracts, expand indications, and enhance patient support programs to differentiate and justify premium pricing.

Q4: How do healthcare policies influence the drug’s market potential?
Policies promoting biosimilar uptake, cost containment, and value-based care will accelerate price erosion and impact market share.

Q5: Are there emerging therapies that could replace or compete with this drug?
Yes, ongoing research and clinical trials may introduce novel agents or combination therapies, which could alter the competitive landscape and influence demand and pricing.


References

[1] IMS Health, “Impact of Biosimilar Entry on Drug Prices,” 2022.
[2] U.S. Congress, “Medicare Drug Price Negotiation Policy,” 2023.

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