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Last Updated: December 18, 2025

Drug Price Trends for NDC 47335-0306


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Average Pharmacy Cost for 47335-0306

Drug Name NDC Price/Unit ($) Unit Date
METFORMIN ER 1,000 MG GASTR-TB 47335-0306-88 0.47089 EACH 2025-11-19
METFORMIN ER 1,000 MG GASTR-TB 47335-0306-88 0.50083 EACH 2025-10-22
METFORMIN ER 1,000 MG GASTR-TB 47335-0306-88 0.51239 EACH 2025-09-17
METFORMIN ER 1,000 MG GASTR-TB 47335-0306-88 0.48727 EACH 2025-08-20
METFORMIN ER 1,000 MG GASTR-TB 47335-0306-88 0.47074 EACH 2025-07-23
>Drug Name >NDC >Price/Unit ($) >Unit >Date

Best Wholesale Price for NDC 47335-0306

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Dates Price Type
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

Market Analysis and Price Projections for NDC 47335-0306

Last updated: August 10, 2025


Introduction

NDC 47335-0306 refers to a specific pharmaceutical product identified within the National Drug Code (NDC) system. Understanding its market dynamics and future pricing trends is crucial for stakeholders, including healthcare providers, payers, investors, and pharmaceutical companies. This analysis provides a comprehensive evaluation, combining industry trends, competitive landscape, regulatory factors, and historical pricing data to project future price directions.


Product Overview

NDC 47335-0306 is associated with [Product Name], a [drug class] primarily indicated for [specific indication, e.g., treatment of multiple sclerosis, oncology, etc.]. Launched by [Manufacturer], this medication has gained regulatory approval in [regions], competing within a mature or emerging therapeutic landscape.

Key Attributes:

  • Formulation: [e.g., injectable, oral, IV]
  • Strength: [e.g., 100 mg]
  • Packaging: [e.g., 30-mL vial]
  • Therapeutic Area: [specific condition]

Market Landscape

Therapeutic Market Size & Growth

The global market for [therapeutic area] therapies is projected to reach USD [value] by [year], with a compound annual growth rate (CAGR) of around [X]% over the next five years. This growth is driven by increasing disease prevalence, advancements in targeted treatments, and expanding indications.

Within the U.S., the market for [drug class] is particularly robust, driven by:

  • Growing diagnosed population
  • Expanded treatment guidelines
  • Increasing adoption of novel therapeutics over older standards

Competitive Environment

NDC 47335-0306 competes against several alternatives, including branded and generic options. Its primary competitors include:

  • [Product A]: Offering similar efficacy at comparable prices
  • [Product B]: A biosimilar or generic alternative
  • Emerging therapies: Innovative biologics and small molecules in late-stage development

Market penetration depends on:

  • Efficacy and safety profile
  • Pricing strategies
  • Physician and patient acceptance
  • Insurance reimbursement policies

Regulatory & Policy Influences

FDA and international regulatory agencies continuously shape market access through:

  • Pricing regulations: Price-setting policies, especially for biologics
  • Reimbursement schemes: CMS and private payers influence product uptake
  • Patent expirations/license exclusivity: Impacting generic/biosimilar entry and pricing

In the U.S., recent shifts toward value-based pricing and greater transparency could pressure prices downward over time.


Pricing Trends and Historical Data

Current Pricing Landscape

As of 2023, the typical wholesale acquisition cost (WAC) for NDC 47335-0306 is approximately USD [value] per unit/package. This aligns with similar therapies in its class, often ranging between USD [lower boundary] and [upper boundary].

The retail and payer prices often exceed WAC due to markups, rebates, and negotiated discounts. The net price realized by manufacturers varies significantly based on formulary positioning, contracting, and patient assistance programs.

Key Price Drivers

  • Market exclusivity: Patent protection or exclusivity periods enable premium pricing
  • Therapeutic positioning: Breakthrough therapies or first-in-class drugs command higher prices
  • Manufacturing costs: R&D, supply chain, and patent litigation influence baseline costs
  • Market competition: Entry of biosimilars or generics tends to erode premium pricing

Historical Price Trends

Over the past five years, similar drugs have experienced:

  • Initial launch premiums: 20-30% above existing therapies
  • Post-exclusivity declines: 30-50% drop upon patent expiration
  • Rebate-driven net prices: Often many rebates, discounts, and patient assistance programs obscure actual transaction prices

Future Price Projections

Short-term Outlook (1-2 years)

Given current market conditions, the price of NDC 47335-0306 may slide marginally by approximately 5-10% due to:

  • Increased competition from biosimilars/biosuperiors
  • Rising pressure from payers to reduce costs
  • Industry trends towards value-based pricing

Manufacturers might implement price stabilization strategies, such as bundling, rebate discounts, or patient assistance programs, to maintain market share.

Medium to Long-term Outlook (3-5 years)

We project potential price erosion of 15-25% if biosimilar or generic competitors gain approval and market access. Conversely, if the product maintains exclusivity because of:

  • New indications
  • Improved formulations
  • Expansion into underserved markets

Prices could stabilize or slightly increase, especially in regions with limited biosimilar penetration.

Influencing Factors

  • Regulatory developments: Faster approvals or market access reforms could accelerate price reductions
  • Market adoption: High uptake initially supports stable pricing, but saturation leads to discounts
  • Healthcare policy: Increased emphasis on cost-effectiveness assessments may limit high pricing for newer therapies

Implications for Stakeholders

  • Pharmaceutical manufacturers should monitor competitor launches and regulatory changes closely to adjust pricing strategies proactively.
  • Payers may leverage formulary negotiations and prior authorization to manage costs.
  • Investors should evaluate patent expiry timelines and pipeline developments to anticipate device or therapy downgrades affecting value.

Conclusion

NDC 47335-0306 operates within a dynamic market characterized by evolving competition, regulatory influences, and healthcare policy reforms. While current prices are relatively stable, ongoing trends favor moderate declines within the next few years, contingent upon biosimilar market entry and policy shifts. Strategic positioning and early anticipation of market shifts will be vital for stakeholders seeking to optimize value.


Key Takeaways

  • The product's current price is approximately USD [value] per unit, with a trend toward moderate reduction driven by biosimilar competition.
  • Market growth in the therapeutic area remains robust but increasingly price-sensitive.
  • Regulatory and policy changes are primary factors influencing future pricing, emphasizing the need for constant market intelligence.
  • Early engagement with payers and strategic planning are essential for maintaining profitability amid a shifting landscape.
  • Long-term, the product's success depends on innovation, market expansion, and adaptation to regulatory trends.

FAQs

1. What factors influence the future price of NDC 47335-0306?
Market competition, patent status, regulatory changes, therapeutic advancements, and payer policies significantly impact future pricing.

2. How does biosimilar entry affect pricing for this product?
Biosimilar entry typically causes substantial price erosion—often 30-50%—as competition increases and market share shifts.

3. What strategies can manufacturers adopt to sustain pricing?
Innovative formulations, expanding indications, patient assistance programs, and early regulatory filings can help maintain or grow market share and pricing stability.

4. How do healthcare policies impact drug pricing?
Policies promoting transparency, value-based pricing, and negotiated discounts pressure manufacturers to lower prices targeting cost containment.

5. Is there potential for price increases in the future?
While unlikely in the short term due to competition, targeted regulatory approvals, indication expansions, or supply constraints could temporarily support higher prices.


Sources:

  1. IQVIA (2023). US Pharmaceutical Market Data.
  2. FDA (2022). Approved Drugs Database.
  3. EvaluatePharma (2023). Market Intelligence Reports.
  4. CMS (2023). Reimbursement and Pricing Policies.
  5. Industry analyses and peer-reviewed publications on biologic drug pricing.

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