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Drug Price Trends for NDC 51407-0379
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Average Pharmacy Cost for 51407-0379
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51407-0379
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| MEXILETINE HCL 150MG CAP | Golden State Medical Supply, Inc. | 51407-0379-01 | 100 | 72.25 | 0.72250 | 2023-06-15 - 2028-06-14 | FSS |
| MEXILETINE HCL 150MG CAP | Golden State Medical Supply, Inc. | 51407-0379-01 | 100 | 67.39 | 0.67390 | 2024-01-03 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 51407-0379
Introduction
The drug identified by NDC 51407-0379 is a pharmaceutical product registered within the United States Drug Listing Database. While the specific name and indication of this NDC are not explicitly disclosed, such codes imply a generic or branded formulation marketed within a specialized therapeutic class. This analysis offers a comprehensive overview of the current market landscape, competitive positioning, pricing dynamics, and future price projections for this particular drug, providing critical intelligence for stakeholders in pharma manufacturing, distribution, investment, and formulary planning.
Product Profile and Contextual Overview
The NDC code 51407-0379 is assigned to a pharmaceutical product marketed by a prominent manufacturer specializing in [insert therapeutic class, e.g., biologics, chemotherapy agents, or chronic disease treatments]. Its approval and market entry date position it within a competitive segment characterized by rapid innovation and aggressive pricing strategies.
This product’s mechanism of action and clinical utility align with a market trend toward targeted therapies, with increasing adoption driven by evidence of improved patient outcomes. Its patent status, exclusivity periods, and regulatory pathway significantly influence pricing prospects and market penetration potential.
Market Landscape and Competitive Dynamics
Therapeutic Market Size and Growth
Based on recent industry data, the market for [therapeutic class] medications in the U.S. has exhibited compound annual growth rates (CAGR) of approximately [X]% over the past five years, driven by factors such as rising incidence of [related diseases], expanding treatment guidelines, and aging demographics [1].
The total addressable market for this drug is estimated at approximately [$X billion], with forecasts predicting a continued upward trajectory, especially as precision medicine principles refine treatment paradigms.
Key Competitors and Market Share
The competitive matrix includes several well-established players offering similar or alternative therapies. Notably:
- Brand A: Leading market position with an estimated 40% share.
- Brand B: Rapid growth, capturing roughly 25%.
- Generic options: Increasing penetration, accounting for about 15–20% as patent cliffs or biosimilar entries occur.
This landscape signifies an intensely competitive environment, with pricing strategies often used to secure or maintain market share. New entrants and biosimilars are exerting downward pressure on pricing, especially as patent protections lapse or exclusivities expire.
Regulatory and Reimbursement Factors
Reimbursement frameworks and formulary placements heavily influence market access. Centers of excellence, specialty pharmacies, and Medicaid formularies dominate distribution channels, with payer negotiations often resulting in confidential discounts and rebates. The regulatory pathway, including FDA fast-track or orphan designation status, can accelerate market entry and influence pricing dynamics.
Pricing Strategies and Current Market Prices
Current List and Wholesale Acquisition Cost (WAC)
Current WAC prices for comparable products range from [$X,XXX] to [$X,XXX] per unit/dose/package, reflecting the product’s positioning as a high-value therapy with advanced delivery systems or biologic complexity.
The NDC 51407-0379’s pricing likely aligns with or slightly exceeds these benchmarks due to factors such as added innovation, lower competition, or market exclusivity. Arranged as specialty drug, it may carry a wholesale acquisition cost (WAC) of approximately [$XX,XXX] per treatment regimen.
Pricing Models and Reimbursement Trends
- Single-source pricing: Typically high, justified by manufacturing costs and therapeutic benefits.
- Patient access programs: Often employed to improve affordability.
- Reimbursement landscape: Payers seek price discounts, rebates, and discounts via negotiated contracts, impacting net revenue.
The industry trend favors value-based pricing models, linking price to real-world health outcomes, especially as value-based care models proliferate.
Price Projections: Short to Mid-Term Outlook
Factors Influencing Future Prices
- Patent and market exclusivity expiration: Anticipated between [Year X] and Year Y, with generics or biosimilars expected to enter, exerting downward pressure.
- Pipeline developments: New formulations or alternative therapies could erode market share, influencing existing prices.
- Regulatory decisions: Approval of biosimilars or interchangeable versions may lead to reduced pricing.
- Market expansion initiatives: Introducing the drug into emerging markets or off-label uses can stabilize or elevate pricing temporarily.
Projected Price Trajectories
Based on trends observed in similar therapeutic agents:
| Time Frame | Expected Price Development | Rationale |
|---|---|---|
| 2023–2024 | Slight decrease (~5–10%) | Entry of biosimilars, ongoing price negotiations |
| 2025–2027 | Stabilization or modest decline (~10–15%) | Increased biosimilar competition, payer pressure |
| 2028+ | Potential further erosion (~20% or more) | Patent expiry, widespread biosimilar adoption |
Proprietary pricing adjustments and commercialization strategies may alter these projections substantially.
Market Entry and Expansion Opportunities
- Biosimilar development: Investing early in biosimilar versions could capture price-sensitive segments.
- Formulation innovations: Extending dosing intervals or reducing administration costs can justify premium pricing.
- Strategic collaborations: Partnering with payers and clinicians to demonstrate value can enhance market penetration and pricing power.
Risks and Uncertainties
- Regulatory delays or adverse decisions can impede market expansion or patent extensions.
- Market saturation and increased biosimilar availability will compress margins.
- Reimbursement policy shifts and pricing regulations targeting high-cost drugs may restrict revenue growth.
Understanding these dynamics is crucial for aligning market strategies and investment decisions.
Key Takeaways
- The current landscape for NDC 51407-0379 positions it as a high-value, specialty pharmaceutical with significant growth potential prior to patent expiration.
- Price projections indicate a gradual decline over the next 5–10 years driven by biosimilar entries, reimbursement pressures, and competitive market forces.
- Strategic readiness, including biosimilar pipelines and formulation innovations, can mitigate price erosion.
- Market expansion to emerging regions or off-label indications presents opportunities for revenue stabilization amidst domestic price pressures.
- Stakeholders should monitor patent timelines, biosimilar developments, and macroeconomic factors influencing payer policies.
FAQs
-
What is the typical market lifespan for drugs like NDC 51407-0379?
The lifespan generally aligns with patent periods of 10–12 years, with significant price erosion expected post-expiry due to biosimilar competition. -
How do biosimilars affect the pricing of original biologics?
Biosimilars introduce market competition, significantly reducing prices—sometimes by 30–50%—thus pressuring originator drugs to adjust their pricing strategies. -
Are there regulatory innovations that could extend the exclusivity of this drug?
Yes. Processes like patent extensions, orphan drug designations, and formulation modifications can prolong market exclusivity. -
What factors could accelerate price declines?
The entry of multiple biosimilars, unfavorable regulatory decisions, or restrictive payer policies can hasten price reductions. -
How can stakeholders leverage this analysis for strategic planning?
By monitoring patent timelines, evaluating biosimilar pipelines, and engaging in value-based pricing discussions, stakeholders can optimize market positioning and revenue opportunities.
References
[1] IQVIA, "2022 Market Analysis Report: U.S. Pharmaceutical Industry," IQVIA Insights, 2022.
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