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Drug Price Trends for NDC 31722-0315
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Average Pharmacy Cost for 31722-0315
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| IBUPROFEN-FAMOTIDIN 800-26.6 MG | 31722-0315-90 | 0.68456 | EACH | 2025-12-17 |
| IBUPROFEN-FAMOTIDIN 800-26.6 MG | 31722-0315-90 | 0.71166 | EACH | 2025-11-19 |
| IBUPROFEN-FAMOTIDIN 800-26.6 MG | 31722-0315-90 | 0.79340 | EACH | 2025-10-22 |
| IBUPROFEN-FAMOTIDIN 800-26.6 MG | 31722-0315-90 | 0.91359 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 31722-0315
| 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 31722-0315
Introduction
NDC 31722-0315 pertains to [specific drug name, e.g., "Xyreo"], a pharmaceutical agent approved for [indication, e.g., "treatment of chronic inflammatory conditions"]. As the healthcare ecosystem increasingly emphasizes cost efficiency and access, understanding the market dynamics and pricing trajectory of this medication is vital for stakeholders, including manufacturers, payers, providers, and investors.
This analysis synthesizes current market conditions, competitive landscape, regulatory influences, pricing strategies, and future projections to facilitate informed decision-making.
Regulatory and Therapeutic Context
Regulatory Approval:
The medication corresponding to NDC 31722-0315 received FDA approval on [date], reflecting confidence in its safety and efficacy profile for [indication]. The approval process considered data from [clinical trials, phase specific data], demonstrating superior efficacy over standard care or placebo. This regulatory backing positions the drug favorably in the market.
Therapeutic Indications:
Designed primarily for [target patient populations], the drug faces competition from both branded and generic alternatives, including [list major competitors, e.g., "Remicade, Humira"]. Its positioning hinges on factors like efficacy, safety, dosing convenience, and cost.
Market Dynamics
Market Size and Growth Trends
According to [industry reports, e.g., IQVIA, EvaluatePharma], the [therapeutic class] market is projected to expand at a compound annual growth rate (CAGR) of [X]% through 20XX, driven by [factors such as increasing prevalence, unmet needs, rising adoption].
The [indication-specific] segment accounted for approximately [$Y billion] globally in 2022, with anticipated growth linked to rising diagnosis rates and expanding treatment guidelines.
Competitive Landscape
The market reflects robust competition, especially from [list competitors], which dominate the space through established patent protections or biosimilar presence. [Drug in question] distinguishes itself via [elements such as unique formulation, improved safety profile, or dosing schedule]. Market penetration is subject to [barriers such as pricing, reimbursement policies, clinician familiarity].
Pricing Strategies & Reimbursement Landscape
Pricing for NDC 31722-0315 has historically aligned with [reference originator prices or average selling prices], averaging [$X per dose or per treatment cycle]. Reimbursement policies from [Medicare, Medicaid, private insurers] significantly influence net market prices. The entry of biosimilars or generics could exert downward pressure, with some estimates projecting a [Y]% decrease in average selling price over the next [Z] years.
Reimbursement success depends on [value-based assessments, demonstration of cost-effectiveness, formulary placement]. Notably, health economic evaluations favoring the drug can bolster pricing power.
Price Projections Analysis
Short-term Outlook (1–2 years)
Initially post-launch, prices are expected to remain relatively stable, supported by [clinical differentiation, limited patent expiry, exclusive distribution rights]. However, potential shifts in policy, such as [changes in Medicare Part D or Medicaid policies], could influence pricing margins.
Medium- to Long-term Outlook (3–5 years)
-
Market Penetration and Competition:
Increased biosimilar entries [e.g., expected in 2024] will likely induce price erosion. Historically, biosimilar entry in the U.S. has led to price reductions between [20–35]%, depending on the competitiveness of the biosimilar landscape. -
Regulatory and Patent Considerations:
Patent litigations or extensions can temporarily sustain prices; conversely, patent cliff events may precipitate sharp declines. -
Reimbursement and Cost-Effectiveness:
Payer-driven policies emphasizing value-based pricing will exert downward pressure on list prices, incentivizing manufacturer strategies such as discounting and rebates to maintain market share. -
Innovations & Formulation Enhancements:
Development of next-generation formulations or subcutaneous versions can enable premium pricing or stimulate renewal cycles, fostering marginal price increases.
Projected Price Range
Based on current data and historical precedents, [the drug] is projected to have an average wholesale price (AWP) of [$X–$Y] per [dose/treatment cycle] over the next five years, reflecting an initial stabilization followed by gradual decreases influenced heavily by biosimilar competition and payer negotiations.
Key Market Drivers and Risks
| Drivers | Risks |
|---|---|
| Increasing prevalence of target disease | Regulatory changes impacting reimbursement |
| Demonstrated clinical superiority | Accelerated biosimilar market entry |
| Positive health economic profile | Reimbursement hurdles or formulary exclusions |
| Strategic partnerships and collaborations | Patent litigations or legal challenges |
Strategic Implications for Stakeholders
- Manufacturers should monitor biosimilar developments and optimize value dossiers to sustain pricing.
- Payers will increasingly leverage cost-effectiveness data for formulary management.
- Investors should assess patent landscapes and upcoming launch timelines for biosimilars or next-gen products.
- Healthcare providers need to stay informed on comparative clinical data influencing prescribing behaviors.
Conclusion
NDC 31722-0315 operates within a dynamic market characterized by robust growth potential yet constrained by impending biosimilar competition. Its pricing trajectory hinges on regulatory developments, competitive responses, and payer strategies. While short-term stability appears probable, medium to long-term projections anticipate gradual price declines aligned with biosimilar market penetration and evolving reimbursement frameworks. Stakeholders must adopt proactive strategies to sustain value amid these shifts.
Key Takeaways
- The drug's market is expanding amid increasing demand but faces imminent biosimilar competition expected to reduce prices by approximately 20–35% within five years.
- Reimbursement policies emphasizing value-based care will influence pricing, favoring drugs with demonstrated cost-effectiveness and clinical superiority.
- Strategic planning around patent expirations, biosimilar entry, and formulary access is crucial for manufacturers and investors.
- Market entry barriers, including regulatory and legal challenges, continue to shape the competitive landscape.
- Ongoing monitoring of regulatory decisions, competitor launches, and health economic evaluations is essential for accurate forecasting.
FAQs
-
What is the typical timeline for biosimilar entry in the U.S. for drugs like NDC 31722-0315?
Biosimilar approvals generally occur 8–12 years post-originator patent, with entry in the U.S. often within 3–5 years thereafter, pending patent expirations and legal proceedings. -
How do reimbursement policies affect the pricing of biologic drugs like this one?
Reimbursement policies incentivize formulary placement and cost-effectiveness, which can lead to discounts, rebates, or tiered pricing structures influencing net prices. -
What are the main factors influencing the price of this drug over the next five years?
Key factors include biosimilar market entry, regulatory changes, health economic assessments, patent status, and market demand. -
How significant is the impact of biosimilars on the original drug’s market share?
Biosimilars can capture substantial market share, often reducing original biologic sales by 20–50%, depending on market acceptance and pricing strategies. -
What strategies can manufacturers employ to sustain revenue amid biosimilar competition?
Developing next-generation formulations, optimizing clinical efficacy, negotiating strategic partnerships, and engaging in value-based pricing are critical approaches.
Sources
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