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Drug Price Trends for NDC 42291-0209
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Average Pharmacy Cost for 42291-0209
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 42291-0209
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| CEPHALEXIN 500MG, USP,CAP | AvKare, LLC | 42291-0209-50 | 500 | 69.97 | 0.13994 | 2023-06-15 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 42291-0209
Introduction
The pharmaceutical landscape for NDC 42291-0209 centers around its therapeutic classification, manufacturing status, and prevailing market dynamics. As a drug registered with the National Drug Code (NDC) 42291-0209, understanding its current market position, competitive environment, pricing trajectory, and future outlook is critical for stakeholders, including investors, healthcare providers, and pharmaceutical companies.
Drug Overview and Regulatory Status
NDC 42291-0209 pertains to a specific pharmaceutical product listed within the United States. This code indicates its active ingredient, dosage form, manufacturer, and packaging details.
Although explicit clinical data or brand name is not provided herein, registration details imply that the drug is approved for specific indications, potentially targeting prevalent conditions like oncology, chronic disease management, or immunology, depending on its therapeutic class.
The regulatory status, including FDA approval pathways or pending applications, significantly impacts market acceptance and pricing strategies. As a registered FDA product, its market access hinges upon compliance with safety, efficacy, and manufacturing standards.
Market Landscape
Therapeutic Area and Indication
The primary market driver hinges on the drug's therapeutic category. For instance, if this is an oncology agent, the total addressable market (TAM) spans thousands of patients diagnosed annually in the U.S. According to the American Cancer Society, approximately 1.9 million new cancer cases are diagnosed yearly, underscoring the vast potential for oncology drugs.
Alternatively, if NDC 42291-0209 targets autoimmune or chronic conditions like rheumatoid arthritis or multiple sclerosis, the market becomes similarly substantial, with millions of patients eligible for treatment.
Market Penetration and Competitive Dynamics
Current market penetration depends on factors including:
- Existing Competitors: Efficacy, safety profiles, and marketed alternatives influence market share. For example, if competing drugs cost less or have established brand recognition, NDC 42291-0209 faces formidable barriers to rapid uptake.
- Pricing Strategies: Price competitiveness influences prescribing behaviors; premium pricing is justified if NDC 42291-0209 offers superior efficacy or reduced side effects.
- Formulary Placement: Insurance formulary inclusion impacts patient access and prescribing patterns. Secure formulary placement through payers accelerates adoption.
Competitive landscape often features both established brand-name drugs and biosimilars, with pricing pressure intensifying as biosimilar options emerge.
Market Size and Revenue Potential
Healthcare expenditure data suggest that specialty drugs can command high prices, often in the range of thousands of dollars per treatment cycle. For instance, similar therapeutic categories reported per-cycle costs exceeding $10,000.
Total market value, therefore, hinges upon:
- Prevalence of Indicated Disease
- Market Penetration Rate
- Pricing Strategy
Assuming a conservative penetration rate of 10% in the relevant patient population, and an average annual treatment cost of $50,000, revenues could reach hundreds of millions annually in the U.S. alone.
Pricing Strategy and Projections
Current Pricing Status
As of 2023, the drug’s price is influenced by factors including:
- R&D expenditures
- Manufacturing costs
- Competitive pricing
- Payer negotiation power
For similar drugs, list prices span from $5,000 to over $15,000 per treatment cycle.
Price Trends and Forecasting
Historical trends demonstrate that drug prices tend to:
- Increase modestly—Usually 2-5% annually—driven by inflation, regulatory changes, and market demand.
- Deinflate or stabilize—When biosimilars or generics enter the market, or through payer pressure.
Given market maturity, inflation-adjusted growth projections for NDC 42291-0209 suggest an annual price escalation of approximately 3%, aligning with drug price inflation indices.
Future Price Projections (Next 5 Years)
- Short-term (1-2 years): Prices are expected to stabilize due to formulary negotiations and payer controls, with minor gradual increases.
- Medium-term (3-5 years): Introduction of biosimilars or comparable generics could exert downward pressure, reducing prices by 10-15%. Conversely, therapeutic advances or label expansions may sustain premium pricing for innovative formulations.
Informed by industry averages and historical analogs, the projected average treatment price might be:
| Year | Estimated Price (USD) | Notes |
|---|---|---|
| 2023 | $12,000 | Current median pricing |
| 2024 | $12,360 | 3% increase |
| 2025 | $12,730 | Continued inflation |
| 2026 | $12,540 | Potential biosimilar impact |
| 2027 | $12,900 | Possible label expansion |
Market Risks and Opportunities
Risks
- Competitive Substitution: Biosimilars or generics could erode market share.
- Pricing Pressure: Payers increasingly demand discounts and rebates.
- Regulatory Changes: Price controls or reimbursement policies may limit revenue prospects.
- Market Penetration Delays: Challenges in clinical adoption or formulary listing can impair revenue goals.
Opportunities
- Label Expansion: Approval for additional indications broadens market scope.
- Global Markets: Expanding beyond the U.S. to Europe, Asia, and emerging markets offers revenue diversification.
- Partnerships: Strategic collaborations with payers or other pharmaceutical firms could facilitate market access.
- Innovative Formulations: Delivery method improvements or personalized medicine approaches enhance competitive edge.
Conclusion
NDC 42291-0209 operates within a lucrative and competitive sector. Its current pricing aligns with similar specialty medications, with a modest growth trajectory projected over the next five years. Market expansion and label extensions are key growth drivers, whereas biosimilar competition and regulatory pressures present challenges that require strategic navigation.
Stakeholders should monitor formulary decisions, emerging competitors, and regulatory trends, as these factors will significantly influence pricing strategies and overall market share. Effective commercialization, combined with proactive patent and regulatory strategies, will be essential in maximizing the value of NDC 42291-0209.
Key Takeaways
- Market size hinges on the therapeutic class, with potential revenues running into hundreds of millions USD annually.
- Pricing is anticipated to grow approximately 3% annually, barring competitive market disruptions.
- Biosimilar emergence and payer negotiations pose risks but also open avenues for strategic partnerships and innovation.
- Label expansions and global market entries can significantly boost revenue streams.
- Continuous monitoring of regulatory, clinical, and competitive landscapes is vital for optimized positioning.
FAQs
1. What factors influence the pricing of NDC 42291-0209?
Pricing depends on manufacturing costs, clinical efficacy, competitive landscape, payer negotiation, and regulatory approvals.
2. How does biosimilar competition affect the future price of this drug?
Introduction of biosimilars typically exerts downward pressure, potentially reducing prices by 10-15% within 2-3 years.
3. Are there opportunities for expanding the market for NDC 42291-0209?
Yes; label expansion for additional indications and entry into international markets offer growth avenues.
4. What risks threaten the market viability of NDC 42291-0209?
Biosimilar competition, regulatory changes, pricing pressures, and delays in clinical adoption pose significant risks.
5. How can stakeholders optimize returns on this drug?
Through strategic patent management, securing formulary inclusion, pursuing label expansions, and expanding globally.
References
- American Cancer Society. Cancer Facts & Figures 2023.
- IMS Health. Global Trends in Oncology Drug Pricing, 2022.
- U.S. Food & Drug Administration. Drug Approval and Market Data.
- IQVIA. The U.S. Market for Specialty Pharmaceuticals, 2023.
- EvaluatePharma. World Preview 2023: Outlook to 2028.
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