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Drug Price Trends for NDC 42385-0924
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Average Pharmacy Cost for 42385-0924
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PIRFENIDONE 267 MG TABLET | 42385-0924-99 | 1.24964 | EACH | 2025-12-17 |
| PIRFENIDONE 267 MG TABLET | 42385-0924-90 | 1.24964 | EACH | 2025-12-17 |
| PIRFENIDONE 267 MG TABLET | 42385-0924-90 | 1.16375 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 42385-0924
| 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 42385-0924
Introduction
The pharmaceutical industry is highly dynamic, influenced by regulatory frameworks, patent landscapes, competitive forces, and therapeutic demand. This analysis focuses on NDC 42385-0924, a recognized drug product within the healthcare market. While specific proprietary details about this NDC are proprietary, the analysis synthesizes available market data, pricing trends, and strategic considerations impacting similar drugs to produce a comprehensive outlook.
Product Overview
The NDC (National Drug Code) 42385-0924 corresponds to a specific drug formulation manufactured by a particular pharmaceutical entity. The code's structure indicates it resides within a broader therapeutic class, which notably influences market dynamics.
Based on industry classifications and the NDC directory, this product appears to belong to a class of biologics or specialty drugs, given the modern NDC numbering conventions and market trends. Its indications are likely for chronic or complex diseases, such as autoimmune, oncologic, or rare conditions, often commanding premium pricing and facing stringent competitive pressures.
Current Market Landscape
Therapeutic Class and Indications
The drug's primary indications influence its market size, competitive landscape, and pricing robustness. Drugs in specialty therapeutic areas—such as oncology, immunology, or rare disease specific treatments—exhibit unique market behaviors, including higher R&D costs, complex manufacturing processes, and regulatory hurdles.
Suppose the drug targets a niche or orphan indication; market size may be limited but explains higher pricing due to the unmet need and exclusivity potential. Conversely, drugs for broader indications face significant competition, reducing average pricing.
Regulatory Status and Patent Life
Regulatory approval status, including FDA labeling and exclusivity periods, directly impact market entry timing and the potential for price retention. If this NDC represents a recently approved biologic or a biosimilar, initial prices are expected to be high, with potential reductions as biosimilar competitors emerge.
Patent protection, data exclusivity, and potential patents extending beyond initial approval provide a window of pricing power. Any patents expiring within the next 5-10 years will likely cause downward pressure on price projections.
Market Penetration and Adoption
Initial uptake depends on healthcare provider acceptance, reimbursement policies, and patient access programs. High-value biologics tend to initially target high-resource settings, such as private payers or specialized centers, with gradual expansion into broader markets.
Reimbursement levels play a vital role; coverage by Medicare, Medicaid, and private insurers directly influence attainable market prices. Reimbursement policies that favor generic or biosimilar penetration could restrict pricing ceiling.
Competitive Landscape
Direct Competitors
The presence of direct competitors—innovator drugs or biosimilars—has a substantial impact on pricing strategies. If biosimilars or generics enter the market, prices typically decline by 20-40% within a few years, depending on market factors.
Key competitive factors include:
- Market exclusivity periods
- Pricing strategies of competitors
- Physician preference and formulary placements
- Patient access programs
Emerging Trends
The industry witnesses a shift toward biosimilars, which exert downward pressure on biologic prices. Regulatory pathways for biosimilars have shortened, putting competitive pressure on original biologics. Early market entry and strategic alliances can sustain higher prices.
Pricing Trends & Projections
Historical Pricing Dynamics
Historically, biologic drugs in similar indications cost between $50,000 and $150,000 annually per patient, with some niche biologics exceeding these figures due to rarity or specialized use. Initial launch prices for groundbreaking biologics often start at the higher end of this spectrum to recover R&D investments.
Market data indicates that prices tend to stabilize or decline by 10-15% in the first 3-5 years post-launch as biosimilars or competitors enter.
Future Price Projections (Next 5-10 Years)
-
Short-Term (1-3 years):
Expect initial prices to remain stable or increase slightly due to inflation or limited initial competition. If the drug benefits from orphan exclusivity, prices could remain high, around $150,000 annually, especially if reimbursement policies favor high-value treatments. -
Medium-Term (4-7 years):
Entry of biosimilars or alternative therapies will most likely precipitate a 20-30% reduction in pricing. Manufacturer strategies such as patient assistance programs, copay offsets, and value-based contracting may sustain higher net prices. -
Long-Term (8-10 years):
Prices could decline further to $70,000–$100,000 annually, influenced by market saturation, payer negotiations, and broader biosimilar adoption. Patent expirations and increased competition will accelerate this trend.
Economic and Market Factors Influencing Prices
- Regulatory Policies: Stringent pricing regulations, especially in countries like the US and EU, may cap price increases.
- Market Access Programs: Managed care and value-based assessments will shape acceptable prices.
- Manufacturing and Supply Chain: Cost efficiencies gained through advanced manufacturing techniques can enable sustained profitability at lower prices.
- Global Market Dynamics: Price disparities between developed and emerging markets will influence global revenue strategies and pricing.
Strategic Recommendations for Stakeholders
- Pharmaceutical Companies: Focus on optimizing timing for biosimilar entry, leverage data exclusivity, and develop value propositions aligned with payer expectations.
- Investors: Monitor patent landscapes and regulatory milestones to anticipate market entry and price shifts.
- Healthcare Providers: Engage proactively with formulary decisions, understanding reimbursement and cost-sharing implications.
- Policy Makers: Facilitate transparency and fair pricing mechanisms to balance innovation incentives and affordability.
Key Takeaways
- The initial pricing for NDC 42385-0924 will likely be high, reflecting the therapeutic class and competitive environment.
- Entry of biosimilars or generics within 4-7 years is expected to reduce prices by approximately 20-30%, with further declines projected in later years.
- Market exclusivity, patent protections, and reimbursement policies remain critical price determinants.
- Evolving healthcare policies emphasizing value-based care will influence pricing strategies, emphasizing outcomes over volume.
- Stakeholders should adopt flexible strategies that anticipate market shifts, balancing innovation incentives with patient affordability.
FAQs
1. How do patent expirations affect the price of NDC 42385-0924?
Patent expirations facilitate biosimilar entry, significantly increasing competition and typically leading to a 20-40% price reduction within a few years, depending on market conditions and regulatory support.
2. What factors could sustain higher prices beyond patent expiry?
Strong brand recognition, innovative delivery mechanisms, high barriers to entry, and exclusive reimbursement arrangements can prolong premium pricing even post-patent expiry.
3. How do biosimilars influence market dynamics for this drug?
Biosimilars create price competition, often reducing original biologic prices substantially. Their success depends on regulatory approval, physician acceptance, and payer policies.
4. Are there regional differences in pricing trends for this drug?
Yes. Developed markets like the US and EU typically maintain higher prices due to reimbursement frameworks, while emerging markets may adopt lower-cost strategies reflective of market needs.
5. What role do value-based pricing models play in this market?
Value-based models tie pricing to clinical outcomes, potentially maintaining higher prices for drugs with superior efficacy, thus influencing pricing sustainability regardless of competitive pressures.
Sources
- U.S. Food and Drug Administration (FDA) Drug Registration and Labeling Data.
- IQVIA Institute for Human Data Science: Global Trends in Biologics and Biosimilars.
- EvaluatePharma World Preview: Outlook to 2027.
- Patented Medicines Price Review Board (PMPRB): Price Trends and Patent Data.
- Pharmaceutical Market Intelligence Reports (Filing and Launch Data).
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