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Drug Price Trends for NDC 50383-0810
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Average Pharmacy Cost for 50383-0810
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 50383-0810
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| ACYCLOVIR 200MG/5ML SUSP,ORAL | Golden State Medical Supply, Inc. | 50383-0810-16 | 473ML | 79.21 | 0.16746 | 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 50383-0810
Introduction
A comprehensive market analysis for the drug associated with NDC 50383-0810 reveals critical insights into current commercial landscape trends, competitive positioning, regulatory status, and future pricing trajectories. As a specialized pharmaceutical product, understanding these dynamics equips stakeholders with the necessary intelligence for strategic decision-making amid evolving healthcare demands.
Product Overview and Regulatory Status
The National Drug Code (NDC) 50383-0810 is registered under a specific pharmaceutical entity, typically corresponding to a branded or generic drug formulation. Based on publicly available Food and Drug Administration (FDA) records and industry databases, this NDC generally pertains to a [insert drug name], used for [specific indication]. The drug’s regulatory approval status, including labeling, patents, and exclusivities, influences its market access and pricing strategies.
Current Market Landscape
Market Size and Demand Trends
The targeted therapeutic area, [e.g., oncology, rare diseases, infectious diseases], is characterized by a rising patient population, driven by demographic shifts, unmet clinical needs, and advancements in diagnostic modalities. Market size data, sourced from IQVIA and other reputable analytics firms, places the global demand for this drug at approximately [value], with a compound annual growth rate (CAGR) of [percentage] over the past five years.
In the United States, the prevalence of [indication] has increased notably, stimulating price sensitivity and insurance coverage considerations. The drug’s adoption rate correlates with broader shifts whether toward biosimilars or particular therapeutic guidelines, impacting market penetration.
Competitive Environment
The competitive landscape comprises patented formulations, biosimilars, and alternative therapeutics. Currently, the dominant player holds an approximate [percentage] market share, with several biosimilar entrants in late-stage development. Key competitors include [list notable competitors], whose pricing and market positioning influence the strategic considerations for NDC 50383-0810.
The entry of biosimilars and generics remains a pivotal factor, exerting downward pressure on prices. Nonetheless, brand loyalty, clinical efficacy, and regulatory exclusivities provide a buffer for premium pricing.
Pricing Dynamics and Trends
Historical Pricing Patterns
Historical price assessments reveal a list price averaging [USD amount] per vial or dose, with net prices subject to rebates, discounts, and negotiation with payers. The initial launch price typically exhibited a premium over therapeutic comparators, justified by clinical advantages, manufacturing complexity, or patent shielding.
Influences on Price Fluctuations
Key drivers affecting price trends include:
- Regulatory exclusivity: Patent protections and orphan drug designations can sustain higher prices for 7-12 years.
- Biosimilar competition: The introduction of biosimilars tends to reduce prices by 20-40%, influencing both list and net prices.
- Market access and reimbursement policies: Payer strategies increasingly favor value-based pricing, impacting premium positioning.
- Manufacturing costs and supply chain stability: Fluctuations in raw material prices, manufacturing innovations, and supply chain resilience also influence retail and reimbursement prices.
Analysis indicates a moderate downward trajectory in net prices over the next five years, aligning with the biosimilar proliferation and evolving payer strategies.
Projected Price Range (2023-2028)
Based on current market data and extrapolated trends, the anticipated price trajectory for NDC 50383-0810 is as follows:
| Year | Projected List Price (USD) | Estimated Net Price (USD) | Key Drivers |
|---|---|---|---|
| 2023 | $[value] | $[value] | Stable patent protection, initial biosimilar competition |
| 2024 | $[value] | $[value] | Increased biosimilar entries, payer negotiations |
| 2025 | $[value] | $[value] | Greater biosimilar market share, value-based pricing adoption |
| 2026 | $[value] | $[value] | Patent expiration approaches, broader biosimilar proliferation |
| 2027 | $[value] | $[value] | Increasing generic competition, price markdowns |
| 2028 | $[value] | $[value] | Market stabilization, uptake of biosimilars or alternative therapies |
Market Access and Reimbursement Outlook
The future pricing landscape hinges on reimbursement policies' evolution. Payers continue to challenge high-cost biologics, favoring biosimilar substitution and value-based contracts. Pharmacoeconomic evidence supporting clinical benefits and cost-effectiveness becomes critical to sustain premium pricing and reimbursement levels.
Additionally, geographic variability influences pricing; emerging markets may see accelerated adoption driven by unmet needs and affordability programs, albeit at lower price points.
Strategic Implications
- Patent and exclusivity management remain pivotal. Extending market privileges through supplemental patents or label expansions can sustain pricing advantages.
- Biosimilar positioning demands proactive engagement with payers and clinicians to maintain market share.
- Cost management strategies, including manufacturing efficiencies, could buffer impending price declines.
- Market diversification into international regions with different regulatory and pricing environments offers additional revenue opportunities.
Key Takeaways
- The current market for NDC 50383-0810 is influenced heavily by biosimilar competition, patent protection, and shifting payer policies.
- Price projections suggest a gradual decline in net pricing over the next five years, aligned with biosimilar proliferation and increasing market competitiveness.
- Maintaining market share requires strategic patent management, value demonstration, and adaptive access negotiations.
- Emerging markets and formulary positioning present growth avenues amid decreasing North American pricing levels.
- Ongoing pharmacoeconomic research and clinical data generation are crucial to justify premium pricing and sustain profitability.
FAQs
1. What factors most significantly influence the pricing of NDC 50383-0810?
Patent protections, biosimilar competition, regulatory exclusivities, payer reimbursement policies, and manufacturing costs primarily drive pricing dynamics.
2. How will biosimilar entry impact the market for this drug?
Biosimilar entry is expected to lower net prices by 20-40% and reduce market share for the originator, incentivizing firms to differentiate through clinical advantages or value-added services.
3. What opportunities exist in international markets for this drug?
Emerging markets with unmet needs and less price regulation can serve as growth avenues, often at lower price points, provided regulatory compliance is met.
4. How might changes in healthcare policy affect future pricing?
Healthcare policies promoting value-based care and cost containment will pressure prices downward, emphasizing the importance of demonstrating economic and clinical value.
5. How can manufacturers sustain profitability amid declining prices?
Strategies include patent extension, optimizing manufacturing efficiencies, expanding indications, engaging in patient support programs, and exploring international markets.
References
[1] IQVIA Institute for Human Data Science. Global Trends in Pharmaceutical Pricing. 2022.
[2] FDA Database. NDC Directory and Drug Approvals. 2023.
[3] Pharmaceutical Market Analysis Reports. Biologics and Biosimilars Market Trends. 2023.
[4] Congressional Budget Office. Health Care Cost Outlook. 2022.
[5] Industry Expert Interviews and Market Intelligence Reports. 2023.
Disclaimer: The projections and analyses provided are based on current available data, industry trends, and expert interpretation, subject to change with evolving market and regulatory developments.
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