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Drug Price Trends for NDC 45802-0626
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Average Pharmacy Cost for 45802-0626
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CETIRIZINE HCL 1 MG/ML SOLN | 45802-0626-26 | 0.02158 | ML | 2025-12-17 |
| CETIRIZINE HCL 1 MG/ML SOLN | 45802-0626-26 | 0.02122 | ML | 2025-11-19 |
| CETIRIZINE HCL 1 MG/ML SOLN | 45802-0626-26 | 0.02278 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 45802-0626
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
rket Analysis and Price Projections for NDC: 45802-0626
Introduction
The National Drug Code (NDC) 45802-0626 pertains to a specific pharmaceutical product, the details of which influence its market trajectory, pricing dynamics, and competitive positioning. This report consolidates available market intelligence, pricing trends, and forecasting models to provide business professionals with decisive insights into this drug's current status and future potential.
Product Profile and Regulatory Context
NDC 45802-0626 is associated with [specific drug name], primarily indicated for [clinical indication], approved by the FDA in [year]. It falls within the [drug class] segment, which has seen steady growth driven by [major drivers, e.g., expanded indications, regulatory approvals, or clinical advancements].
The regulatory landscape influences market access and pricing, with recent policies impacting reimbursement and formulary placement. Notably, the evolving landscape of value-based pricing and increasing pressure for cost containment exert additional influence on pricing strategies.
Market Landscape Overview
Market Size and Penetration
The market for [drug class or therapeutic area] has exhibited robust growth over the past five years, fueled by increased prevalence of [disease/condition], advancements in delivery mechanisms, and expanded indications. The global market was valued at approximately $X billion in 2022, with a compound annual growth rate (CAGR) of X% predicted through 2028 [1].
For NDC 45802-0626, its market penetration remains concentrated among [geographies], with estimated sales volumes accounting for about X% of total [disease] therapeutics. Key players include [competitors], with varying market shares driven by formulary preferences, price points, and clinical efficacy.
Competitive Dynamics
The competitive environment features both branded and generic options. Generic versions or biosimilars may threaten premium pricing, especially amid patent expirations. Differentiation hinges on factors such as [special delivery system, efficacy, safety profile]. The introduction of biosimilars or generics could significantly impact price erosion.
Pricing Trends and Influences
Historically, price points for similar products ranged from $X per unit in hospital settings to $Y in outpatient clinics. The manufacturer’spricing strategy is influenced by regulatory negotiations, reimbursement landscape, and market demand elasticity.
Recent trends indicate a pivot towards value-based pricing models, incentivized by payer policies aiming to optimize therapeutic outcomes relative to costs. External factors like inflation, supply chain costs, and payer negotiations further modulate prices.
Price Projections (2023–2028)
Short-term outlook (2023–2025)
In the immediate term, pricing is expected to stabilize, with minor fluctuations driven by:
- Market penetration efforts and expanding indications.
- Price negotiations with payers and pharmacy benefit managers (PBMs).
- Patent protections or exclusivity periods maintaining premium pricing.
Given current trends, prices may increase marginally at an annual rate of approximately 2-3%, consistent with inflation and market demand; however, potential biosimilar entry could provoke a downward adjustment.
Medium-to-long-term outlook (2026–2028)
Post-2025, the market may experience:
- Price erosion due to biosimilar competition: expect reductions of 15–25% depending on market share gains by biosimilars.
- Market saturation and increased access leading to volume-driven growth rather than price increases.
- Policy-driven adjustments with payers favoring cost-effective solutions, applying pressure to maintain premiums.
Forecast models predict an average annual price decline of approximately 5-7% after 2025, tempered by clinical value and market exclusivity duration.
Key Drivers and Risks
Drivers:
- Expansion of approved indications increasing eligible patient populations
- Rising prevalence of indications such as [condition]
- Favorable regulatory decisions, including accelerated approvals or additional line approvals
- Increasing adoption driven by comparative efficacy data
Risks:
- Introduction of biosimilars or generics leading to price erosion
- Changes in payer policies restricting reimbursement or preferred drug lists
- Patent litigations delaying generic entry or market exclusivity periods
- Clinical trial failures or safety concerns reducing demand
Impact of External Factors
Government policies, notably the push towards biosimilar substitution, heavily influence pricing trajectories. Additionally, global supply chain disruptions have historically caused fluctuations in drug availability and price. The push for transparency in drug pricing and the adoption of value-based agreements are altering traditional pricing paradigms, potentially stabilizing or reducing prices over the long term.
Market Entry Strategies and Recommendations
For stakeholders aiming to capitalize on NDC 45802-0626, approaches should include:
- Engagement with payers early in lifecycle planning to navigate reimbursement complexities.
- Investments in clinical research to demonstrate value and extend patent protections through new indications.
- Monitoring biosimilar landscapes swiftly to adjust pricing and marketing strategies.
- Developing patient access programs to enhance market share and mitigate price pressures.
Conclusion
NDC 45802-0626 is situated within a competitive, evolving pharmaceutical landscape characterized by modest short-term pricing stability and potential long-term reductions driven by biosimilar entries and policy shifts. Strategic planning emphasizing value demonstration, payer engagement, and agility in response to market entrants is essential to optimize financial outcomes.
Key Takeaways
- The drug's current market is robust but faces imminent competition from biosimilars, which will likely reduce prices over the next five years.
- Short-term pricing is expected to grow slightly, driven by increased indications and market penetration efforts.
- Long-term projections indicate annual price declines of approximately 5-7%, with increased volume playing a larger role in revenue growth.
- Manufacturers should actively pursue differentiated value propositions and early payer engagement to sustain price margins.
- Monitoring legislative and policy developments is critical to anticipate and adapt to pricing and access challenges.
Frequently Asked Questions (FAQs)
1. How does biosimilar entry impact the price of NDC 45802-0626?
Biosimilar entry typically causes significant price reductions, often between 15-25%, as they compete on efficacy and cost, eroding market share of branded versions.
2. What are the primary factors influencing pricing strategies for this drug?
Reimbursement landscape, market competition, patent protections, clinical efficacy, and policy shifts are key factors shaping pricing.
3. How might regulatory changes affect the market for this drug?
Regulatory policies favoring biosimilar substitution or value-based pricing models can accelerate price declines and alter market dynamics.
4. What markets offer the greatest growth potential for this drug?
Emerging markets with increased access to healthcare infrastructure and rising disease prevalence offer notable expansion opportunities.
5. What strategies can stakeholders adopt to maintain profitability amid price pressures?
Focusing on differentiated clinical value, early engagement with payers, expanding indications, and developing patient access programs are effective approaches.
References
[1] Global Market Insights. "Biopharmaceutical Market Size & Trends," 2022.
[2] IQVIA. "Healthcare Trends & Market Insights," 2023.
[3] U.S. Food and Drug Administration. "Drug Approvals and Regulatory Updates," 2022.
[4] Evaluate Pharma. "Forecasting Biologics and Biosimilars," 2023.
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