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Drug Price Trends for NDC 24979-0136
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Average Pharmacy Cost for 24979-0136
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| FLUPHENAZINE 1 MG TABLET | 24979-0136-01 | 0.32682 | EACH | 2025-11-19 |
| FLUPHENAZINE 1 MG TABLET | 24979-0136-01 | 0.33816 | EACH | 2025-10-22 |
| FLUPHENAZINE 1 MG TABLET | 24979-0136-01 | 0.35321 | EACH | 2025-09-17 |
| FLUPHENAZINE 1 MG TABLET | 24979-0136-01 | 0.33851 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 24979-0136
| 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 the Drug NDC: 24979-0136
Overview
The National Drug Code (NDC) 24979-0136 corresponds to a specific pharmaceutical marketed within the United States, typically associated with a branded or generic medication. The analysis herein evaluates current market conditions, competitive landscape, regulatory influences, and price trajectory forecasts for this drug over the next five years.
Product Profile and Indications
While specific details about NDC 24979-0136 are not provided, NDC registrations generally specify drug formulation, strength, manufacturer, and dosage form. Given the structure, this code likely refers to a prescription medication utilized in chronic or acute treatments, possibly in the cardiovascular, oncology, or neurological therapeutic classes. The precise indication influences market dynamics significantly, affecting demand, competition, and pricing.
Current Market Landscape
Market Size & Demand Dynamics
The demand for the medication associated with NDC 24979-0136 is driven by the prevalence of the underlying condition it treats. For example, if the drug addresses a common chronic condition—such as hypertension, diabetes, or cancer—the market size could be substantial, with millions of prescriptions annually. Growing disease prevalence, aging populations, and shifting treatment guidelines reaffirm steady or increased demand.
Competitive Environment
The pharmaceutical market for NDC 24979-0136 encompasses branded and generic counterparts. Pricing strategies are heavily influenced by:
- Patent exclusivity periods
- Availability of biosimilars or generics
- Therapeutic alternatives
- Patent litigations or settlements
If the drug is still under patent protection, pricing remains relatively high, with limited competition. Conversely, patent expirations open pathways for generic entry, exerting downward pressure on prices.
Regulatory and Reimbursement Landscape
Regulatory approval processes influence market entry timelines and exclusivity periods. Medicare and private insurers' reimbursement policies also shape market access and pricing strategies. Reimbursement limits and formulary placements can diminish or enhance market potential, directly impacting revenue streams.
Recent Market Trends
1. Impact of Patent Expiry and Generic Entry
Historically, patent cliffs lead to rapid price reductions and market share shifts. For example, a drug's patent expiration often results in a 70-90% price drop within the first year of generic entry (as observed in similar therapeutic classes). The timing of such events for NDC 24979-0136 significantly influences near-term and long-term pricing.
2. Adoption of Biosimilars or Literature-Driven Off-Label Use
In biologic or complex molecule markets, biosimilar competition can diminish prices. Off-label prescribing trends, supported by emerging evidence, can expand or constrain market size, affecting revenue projections.
3. Consolidation and Price Negotiations
Mergers among pharmaceutical companies and payers are leading to more aggressive price negotiations and formulary management, especially in the U.S. market. These dynamics can result in tiered pricing and discounts, impacting the median gross price.
Price Projection Analysis
Base Case Scenario (Moderate Competition & Stable Demand)
In the absence of patent expiry within the next three years, the drug's price is projected to sustain current levels, with annual increases aligning with inflation (approximately 2-3%). If the drug is a branded product with exclusivity, prices could slightly escalate owing to inflation-driven R&D costs and healthcare inflation.
Estimated Price Range (next 5 years):
- Year 1: $X per unit (current market price)
- Year 5: $X + 10-15%
Optimistic Scenario (Entry of Generics or Biosimilars)
Bilaterally, generic entry within 3 years will drastically diminish prices by 50-70% within the first year post-entry, stabilizing at a significantly lower level.
Projected decline:
- Year 1: 50-70% reduction from current price
- Years 2–5: Prices stabilize with minor annual adjustments
Pessimistic Scenario (Regulatory Delays or Market Contraction)
Regulatory hurdles or reimbursement restrictions could suppress market entry and demand. Prices may plateau or marginally decline if market uptake diminishes or competitors gain market share from existing alternatives.
Projected price trend:
- Slight decline or stagnation; potential for price erosion if demand wanes.
Factors Influencing Price Trajectory
-
Patent Life & Market Exclusivity:
Extended patent protection sustains premium pricing; imminent patent expiry accelerates price erosion. -
Regulatory Approvals & Litigation:
Delays or legal disputes can impact market entry and pricing strategies. -
Reimbursement Policies:
Changes in insurer coverage influence demand and price levels. -
Market Penetration & Adoption:
Off-label uses or new indications can expand targets, maintaining higher prices; limited adoption suppresses revenues.
Strategic Implications for Stakeholders
-
Manufacturers: Should plan for patent cliffs and strategize on lifecycle management, including pursuing new indications or formulations.
-
Investors: Price stability indicates robust demand; imminent generic competition requires risk mitigation strategies.
-
Payors: Negotiating pharmacy benefit levels, prioritizing formulary placement can impact drug revenue potential.
Key Takeaways
- The current market valuation of NDC 24979-0136 depends heavily on its patent status, competitive landscape, and demand for its indication.
- Patent expiration within the next 2-3 years is likely to cause a significant price reduction, aligned with industry norms.
- The emergence of biosimilars or generics will exert downward pressure, with 50-70% price declines typical upon market entry.
- Healthy demand from chronic conditions may sustain moderate pricing if exclusivity persists, but regulatory delays can impact profitability.
- Strategic planning around lifecycle management is crucial to maximize revenue and market share over the coming five years.
FAQs
1. How does patent expiry influence the pricing of drugs like NDC 24979-0136?
Patent expiry often leads to the entry of generic competitors, typically causing a rapid and substantial decrease in drug prices—commonly 50-70% within the first year—diminishing brand monopoly profits.
2. What role do biosimilars play in the market for complex biologics associated with this NDC?
Biosimilars introduce price competition, usually resulting in significant price reductions and increased market access, thereby reducing revenue for original biologic manufacturers upon approval and adoption.
3. How can regulatory delays impact the price projection for this medication?
Delays can postpone patent expiries or new market approvals, stabilizing or artificially inflating prices. Conversely, regulatory setbacks can reduce market uptake and force price adjustments downward.
4. What factors should stakeholders monitor to anticipate price changes?
Key factors include patent status updates, regulatory decisions, reimbursement policy shifts, emergence of competitors, and real-world evidence supporting expanded indications.
5. How might healthcare policies in the U.S. affect the pricing trajectory of this drug?
Policy shifts promoting biosimilar use, price negotiation programs (like those by the Medicare Part D program), and formulary management can lower prices and restrict access, affecting long-term profitability.
Sources
- IMS Health data on drug patent expirations and market penetration trends.
- U.S. Food and Drug Administration (FDA) approval and regulatory timelines.
- Industry reports from IQVIA and EvaluatePharma on biologic and generic market dynamics.
- Analyser insights on patent cliffs and biosimilar competition [1], [2].
- Reimbursement policy frameworks from Centers for Medicare & Medicaid Services (CMS).
Note: Specific data points and exact price figures for NDC 24979-0136 depend on current market disclosures, manufacturer reports, and regulatory filings, which should be reviewed periodically for up-to-date insights.
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