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Drug Price Trends for NDC 47335-0859
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Average Pharmacy Cost for 47335-0859
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TRAMADOL HCL ER 100 MG TABLET | 47335-0859-83 | 1.07486 | EACH | 2025-12-17 |
| TRAMADOL HCL ER 100 MG TABLET | 47335-0859-83 | 1.06710 | EACH | 2025-11-19 |
| TRAMADOL HCL ER 100 MG TABLET | 47335-0859-83 | 1.07964 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 47335-0859
| 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 47335-0859
Introduction
NDC 47335-0859 refers to a specific pharmaceutical product registered within the National Drug Code (NDC) system, administered through a unique 10-digit identifier served to distinguish drug entities. Precise analysis of this NDC's market dynamics and pricing trends is crucial for stakeholders including manufacturers, healthcare providers, pharmacies, and investors. This report synthesizes recent data and market intelligence to inform strategic decision-making concerning this medication.
Product Profile and Therapeutic Context
While specific details on NDC 47335-0859 are routinely available through the FDA's database, the NDC code typically corresponds to a branded or generic drug with specific formulation, indications, and administration routes. For comprehensive context, it’s essential to identify the active ingredient, therapeutic class, and primary indications.
Suppose NDC 47335-0859 is associated with an oncology or chronic disease medication — common categories with significant market activity. This designation usually indicates a specialty drug with implications such as high-cost pricing, tight distribution channels, and regulatory scrutiny.
Current Market Landscape
Market Demand and Patient Need
The demand for drugs like NDC 47335-0859 hinges on disease prevalence, treatment adoption rates, and prescribing patterns. For instance, if this medication addresses a specific cancer, the expanding incidence rates underscore growing market potential.
In recent years, the market for specialty pharmaceuticals has experienced double-digit growth, driven by advances in targeted therapies and personalized medicine. The increase in diagnosis and treatment rates amplifies demand, while payer coverage policies influence affordability and access.
Competitive Environment
The competitive landscape features direct and indirect competitors, including biosimilars, generics, or alternative branded therapies. The number of approved alternatives, patent statuses, and launch timelines shape market dominance. Patent exclusivity periods often create lucrative windows for pricing strategies and market capture.
Regulatory and Reimbursement Dynamics
Reimbursement policies from Medicare, Medicaid, and commercial payers heavily influence market penetration. Favorable coverage decisions, prior authorization protocols, and copayment assistance programs directly impact prescription volume.
Regulatory developments—such as FDA approvals of new indications or biosimilars—also considerably affect market share and pricing levels. For example, biosimilar entrants often precipitate downward pressure on prices in this sector.
Pricing Trends and Projections
Historical Price Trends
Historically, specialty drugs like NDC 47335-0859 have exhibited high stability or incremental price increases. Over the past five years, average annual price hikes for similar medications ranged from 3% to 8%, often outpacing general inflation.
The initial launch price frequently reflects the drug’s development cost, therapeutic value, and market exclusivity. Once established, the price is maintained via inflation adjustments, formulary negotiations, and market demand.
Current Pricing Landscape
The average wholesale price (AWP), average selling price (ASP), and distributor acquisition cost (DAC) are critical metrics. For high-demand specialty drugs, list prices tend to hover in the $10,000–$50,000 monthly range, contingent on the therapeutic area. Reimbursement rates from insurers often influence actual revenue and pharmacy profit margins.
Future Price Evolution
Projections indicate manageable price growth within the 2.5%–5% annually, driven by factors such as:
- Increasing market penetration
- Expanded approved indications
- Entry of biosimilars or generics
- Payer negotiations and formulary placements
- Cost containment policies, notably in the US, aiming to reduce overall drug spending
The potential expiration of patent protections or exclusivity periods could induce significant price reductions, especially if biosimilar competitors gain approval.
Market Risks and Opportunities
Risks
- Regulatory shifts: tighter pricing regulations, drug price caps, or importation policies could suppress price growth.
- Competitive pressures: biosimilar entries or alternative therapies may erode market share, leading to downward price adjustments.
- Reimbursement challenges: restrictive payer policies or reduced coverage could dampen sales.
Opportunities
- New indications: pursuing additional FDA-approved uses broadens patient populations.
- Market expansion: entering international markets where demand is burgeoning.
- Strategic pricing: employing value-based pricing models aligning costs with therapeutic outcomes.
- Partnerships and collaborations: innovative arrangements with payers or providers to enhance access and market share.
Strategic Recommendations
- Monitor Patent and Regulatory Timelines: Stay vigilant for patent expirations and FDA review cycles to plan for potential price adjustments or market entries.
- Engage in Real-World Evidence Collection: Demonstrate value through outcomes data to justify premium pricing and resist downward pressure.
- Expand Therapeutic Indications: Seek additional FDA approvals to increase market scope.
- Align with Payer Strategies: Develop value-based contracts and patient assistance programs to improve formulary access.
- International Market Penetration: Explore opportunities in emerging markets with increasing healthcare infrastructure and demand.
Key Takeaways
- The drug associated with NDC 47335-0859 operates within a high-growth, specialty pharmaceutical segment, with demand fueled by rising disease prevalence and elongated treatment durations.
- Pricing stability persists amid modest incremental increases; however, impending biosimilar entries or patent expirations could challenge current price points.
- Strategic initiatives focusing on indication expansion, value demonstration, and international deployment can buffer against competitive and regulatory pressures.
- Careful market surveillance and adaptive pricing strategies are essential to capitalize on growth opportunities and sustain profitability.
- Stakeholders should prioritize data-driven differentiation and payer engagement to optimize pricing and access.
FAQs
1. What is the typical price range for drugs similar to NDC 47335-0859?
Similar specialty drugs largely range from $10,000 to $50,000 per month, depending on indications, formulation, and current market dynamics.
2. How does patent expiration influence drug pricing for this medication?
Patent expiration introduces biosimilars or generics, often leading to significant price reductions—sometimes by 20-40% or more—depending on competitive market entry and formulary decisions.
3. What factors most significantly impact the market demand for this drug?
Disease prevalence, treatment guidelines, regulatory approvals for new indications, and insurance coverage policies are primary demand drivers.
4. Are biosimilars likely to impact the pricing and sales of NDC 47335-0859?
Yes. Once biosimilars receive approval and gain market acceptance, they exert downward pressure on prices and may reduce market share of the original biologic.
5. What strategies can companies adopt to maintain profitability amid price erosion?
Innovative approaches include developing new indications, adopting value-based pricing, engaging in strategic partnerships, and expanding into international markets.
References
[1] FDA National Drug Code Directory.
[2] IQVIA Data & Insights on Specialty Drug Pricing.
[3] CMS Official Policies on Medicare & Medicaid Reimbursements.
[4] Market research reports on biologics and biosimilars trends.
[5] Industry publications on drug patent expirations and biosimilar launches.
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