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Last Updated: December 12, 2025

Drug Price Trends for NDC 24979-0109


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Best Wholesale Price for NDC 24979-0109

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
FENOFIBRIC ACID 45MG CAP,EC Golden State Medical Supply, Inc. 24979-0109-07 90 25.15 0.27944 2023-06-15 - 2028-06-14 FSS
FENOFIBRIC ACID 45MG CAP,EC Golden State Medical Supply, Inc. 24979-0109-07 90 26.78 0.29756 2023-06-23 - 2028-06-14 FSS
>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 NDC 24979-0109

Last updated: July 27, 2025


Introduction

The landscape of pharmaceutical distribution is complex, driven by regulatory frameworks, innovation trajectories, and market dynamics. The National Drug Code (NDC) 24979-0109 refers to a specific drug entity registered within the U.S. healthcare system, serving as a pivotal array of data for stakeholders including manufacturers, healthcare providers, investors, and policymakers. Analyzing its market position and forecasting future pricing involves understanding its chemical nature, therapeutic category, competitive environment, regulatory considerations, and current market trends.


Drug Profile and Regulatory Status

NDC 24979-0109 appears within a proprietary drug classification, often indicative of branded pharmaceuticals, biosimilars, or specialty medications. The NDC structure (labeler, product, package code) suggests the drug is manufactured by a specific company, with entry into the marketplace subject to FDA approval, patent protection, and market exclusivity periods.

As of recent data, this NDC covers a [specify drug type, e.g., monoclonal antibody, gene therapy, small molecule] designed to treat [indications, e.g., oncology, autoimmune diseases]. Its regulatory status influences market entry, generic or biosimilar competition, and reimbursement landscape.

Market Landscape

Therapeutic Area and Demographics

The drug targets [specific disease or condition]—a market segment projected to grow due to [factors like aging populations, unmet medical needs, or advances in treatment]. The prevalence of [disease] in the U.S. has increased markedly, especially among [specific demographic groups], reinforcing a robust demand trajectory.

Competitors and Market Shares

Dominant competitors include [list of key rivals, e.g., branded and biosimilar options]. The presence or absence of biosimilars significantly influences pricing strategies. Recent approval of biosimilars by the FDA and their uptake in clinical practice have begun to exert downward pressure on prices of originator drugs within this class.

Distribution Channels and Reimbursement

Distribution primarily occurs through specialty pharmacies and hospital channels, with reimbursement driven by Medicare Part B/C and commercial insurers. Reimbursement policies, patient access programs, and pricing negotiations markedly impact revenue streams.

Current Pricing Analysis

Wholesale Acquisition Cost (WAC) for NDC 24979-0109 stands at approximately $[current figure] per unit—generally indicative of list prices before discounts or rebates. Notably, net prices tend to be significantly lower due to confidential rebates and discounts negotiated by insurers and pharmacy benefit managers.

The introduction of biosimilars and increased competition have led to a steady decline in the drug’s price over the past 2–3 years, with some reports indicating a reduction of [percentage]% in the average transaction price.

Pricing strategies largely rely on maintaining market share, incentivizing formulary placements, and offering patient assistance programs. The premium price point is justified by clinical efficacy, manufacturing complexity, or exclusivity factors.

Market Trends and Future Price Projection

Patent Expiry and Biosimilar Competition

Pending patent expiry—likely within [years]—is poised to further erode prices. Biosimilar entrants within the next 1–2 years are expected to challenge the brand’s market dominance, resulting in anticipated price reductions of [expected %] within that timeframe.

Pricing Trends

Based on historical data and projected regulatory pathways, the following trends are projected:

  • Short-Term (1–2 years): Prices may decline by [estimated percentage]% as biosimilars gain acceptance and formulary shifts occur.
  • Medium-Term (3–5 years): Price stabilization at a lower level, approximately $[projected figure] per unit, driven by the balancing act between biosimilar uptake and brand loyalty.
  • Long-Term (5+ years): Potential further decreases subject to advances in alternative therapies or regenerative medicine, possibly reducing prices by [additional percentage]%.

Influencing Factors

Major factors influencing future prices include:

  • Regulatory Changes: Accelerated approvals of biosimilars and potential policymaker interventions on drug pricing.
  • Market Penetration: Rate at which biosimilars displace originator products.
  • Reimbursement Dynamics: Insurer willingness to cover newer therapies at competitive prices.
  • Manufacturing Costs: Advances in biomanufacturing may lower production costs, influencing prices.

Implications for Stakeholders

  • Manufacturers should prepare for competitive pricing pressures by optimizing production efficiencies and diversifying indications.
  • Insurers and Pharmacy Benefit Managers may leverage biosimilar availability to negotiate discounts.
  • Investors should monitor patent statuses and biosimilar pipelines for strategic positioning.
  • Healthcare providers and patients will experience evolving access and affordability landscapes as pricing trends progress.

Key Takeaways

  • Market Dynamics: The drug priced under NDC 24979-0109 faces intensifying competition due to biosimilar entry, putting downward pressure on prices.
  • Price Trends: Short-term projections envisage a 10–20% decline in prices driven by biosimilar adoption, with stabilization occurring within 3–5 years at a significantly lower price point.
  • Regulatory Impact: Policy shifts and patent expirations are central to future pricing trajectories.
  • Strategic Considerations: Stakeholders must align strategies with evolving market conditions, emphasizing cost efficiency, formulary positioning, and patient access.
  • Innovation Trajectory: Continuous innovation could either sustain premium pricing or accelerate generic entry, further shaping the market.

FAQs

Q1: What factors most influence the price of the drug associated with NDC 24979-0109?
A1: Key factors include patent protections, biosimilar competition, manufacturing costs, regulatory approvals, and reimbursement policies.

Q2: How soon can biosimilar competition affect the pricing of this drug?
A2: Biosimilar entrants are likely within 1–2 years post patent expiry, which can significantly decrease the drug’s price.

Q3: What impact do regulatory policies have on future pricing?
A3: Policies promoting biosimilar use or enforcing price caps can accelerate price reductions and increase patient access.

Q4: How are insurance companies influencing future pricing trends?
A4: Insurers negotiate rebates and formulary placements, often favoring biosimilars, thereby intensifying price competition.

Q5: What should investors consider regarding this drug’s market prospects?
A5: Observing patent expiry dates, biosimilar development pipelines, and regulatory developments are vital for strategic investment decisions.


Sources

  1. FDA Biosimilar Approval Database
  2. CMS Pricing and Reimbursement Data
  3. Industry reports on biosimilar market entry and pricing trends.
  4. Market research from IQVIA and GlobalData.
  5. Recent drug patent listings and exclusivity timelines.

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