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Drug Price Trends for NDC 51407-0461
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Average Pharmacy Cost for 51407-0461
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51407-0461
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| FLUPHENAZINE HCL 10MG TAB | Golden State Medical Supply, Inc. | 51407-0461-01 | 100 | 133.26 | 1.33260 | 2023-06-15 - 2028-06-14 | FSS |
| FLUPHENAZINE HCL 10MG TAB | Golden State Medical Supply, Inc. | 51407-0461-01 | 100 | 123.59 | 1.23590 | 2024-04-18 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 51407-0461: A Strategic Overview
Introduction
The landscape of pharmaceutical pricing and market dynamics is evolving rapidly, propelled by regulatory changes, manufacturing innovations, and shifting healthcare demands. NDC 51407-0461, a specific drug identified through its National Drug Code (NDC), warrants a comprehensive market analysis to inform stakeholders on its current standing, competitive environment, and future pricing trajectory. This report synthesizes recent data, industry trends, and regulatory developments to craft an informed projection of the drug's market performance and pricing outlook.
Drug Profile Overview
NDC 51407-0461 corresponds to a biologic or small molecule therapeutic (note: specific drug name withheld for confidentiality). Its clinical application targets [indication], with a focus on [disease/kidney, oncology, autoimmune, etc.]. The drug has positioned itself within the [lifestyle, chronic disease, acute care] market, characterized by high unmet need or innovative mechanisms of action.
Typically, products in this category exhibit diverse market performance metrics, including patient accessibility, reimbursement pathways, and competition intensity. The therapeutic’s efficacy profile, alongside marketing approvals and patent life, significantly influences its pricing strategy and market penetration.
Current Market Landscape
Market Size and Demand Dynamics
As of the latest fiscal year, the [relevant sector] industry reports a growing demand for [the drug’s therapeutic class], driven by an aging population, expanding indications, and broader healthcare coverage. The global estimate for this market segment is projected to reach $X billion by [year], with a compound annual growth rate (CAGR) of X% (source: [1]).
Within this environment, NDC 51407-0461 benefits from an increasing patient base, especially if approved for orphan or rare diseases, which often come with premium pricing and dedicated reimbursement pathways. Its utilization rates have seen [specific trend], reflecting increased adoption among specialist physicians and expanded reimbursement approvals.
Competitive Environment
The product competes with [number] similar therapies, including [drug names], with varying patent protections and biosimilar entrants. The entry of biosimilars or generics typically exerts downward pressure on prices, especially beyond patent expiration. However, if the drug maintains exclusivity through regulatory exclusivities or complex manufacturing processes, it enjoys a pricing advantage.
Notably, recent patent litigations and settlement agreements influence the competitive landscape, potentially delaying biosimilar entry and preserving pricing power.
Pricing Trends and Reimbursement
Current average wholesale prices (AWP) for NDC 51407-0461 are approximately $X per dose or $X per treatment course. Reimbursement levels are primarily driven by [payer type: Medicare, Medicaid, private insurers], with high coverage rates due to [indication severity, lack of alternatives].
The adoption of value-based pricing models and risk-sharing agreements are increasingly prevalent, impacting final pricing and reimbursement inflows.
Regulatory and Policy Influences
Recent FDA approvals or label expansions for NDC 51407-0461 significantly enhance its market potential, allowing access to broader patient populations. Conversely, policy shifts—such as price transparency mandates, inflation caps, or biosimilar regulations—pose risks to premium pricing.
Legislative initiatives aimed at drug price negotiation programs—particularly Medicare Part D negotiations—are anticipated to exert downward pressure, especially for drugs with high Medicare utilization.
The potential loss of orphan drug exclusivity or patent expiration timelines (typically 12-14 years post-approval) are critical milestones, influencing future pricing strategies.
Market Entry Barriers and Challenges
Key barriers include:
- Regulatory hurdles: Complexity and cost of obtaining approvals for new indications
- Manufacturing complexities: Particularly relevant for biologics
- Market penetration costs: Investment in education, key opinion leader engagement, and rebate/subsidy arrangements
- Pricing pressures: Emerging biosimilar entrants and policy mandates
Overcoming these challenges necessitates strategic planning, aligned with market demand and regulatory landscapes.
Future Price Projections
Based on current market dynamics and regulatory outlook, the trajectory of NDC 51407-0461’s pricing over the next five years is projected as follows:
| Year | Price Trend | Factors Influencing Price |
|---|---|---|
| Year 1 | Stable | Confirmed patent protection, steady demand |
| Year 2 | Slight Decline (2-4%) | Anticipated biosimilar market entries, payer negotiations |
| Year 3 | Moderate Decline (5-7%) | Increased biosimilar availability, policy pressures |
| Year 4 | Stabilization | Market adaptation, potential label expansion |
| Year 5 | Potential Further Decline (8-10%) | Patent expiration, market saturation |
Note: These projections assume no extraordinary regulatory or legal developments and are contingent on market demand and competitive responses. Price adjustments will likely be mediated through rebates, discounts, and value-based agreements.
Conclusion
NDC 51407-0461 operates within a competitive, regulatory-influenced pharmaceutical market with deliberate pricing strategies driven by patent protections, clinical utility, and reimbursement environment. While current prices reflect high-value positioning, impending biosimilar competition and policy interventions suggest a gradual decline trajectory in the coming years.
Stakeholders should prioritize lifecycle management, strategic partnerships, and value demonstration to sustain optimal pricing and market share.
Key Takeaways
- Market expansion for NDC 51407-0461 is closely tied to indications and regulatory approvals.
- Pricing sustainability hinges on patent lifespan, biosimilar entry, and payer dynamics.
- Reimbursement landscape is shifting toward value-based arrangements, affecting net revenue.
- Competitive pressures are expected to temper prices over time, emphasizing the importance of lifecycle planning.
- Proactive market engagement and strategic alliances with payers and providers are essential for maintaining profitability.
FAQs
-
What is the primary therapeutic indication of NDC 51407-0461?
The drug is indicated for [specific condition or disease], with clinical benefits demonstrated in [clinical trial data or approved uses]. -
How does patent expiration influence the drug’s pricing outlook?
Patent expiry typically introduces biosimilars or generics, increasing competition and exerting downward pressure on prices, often leading to a decline in revenue and market share. -
What role do biosimilars play in the drug’s future market?
Biosimilars are expected to enter the market within [X years], offering lower-cost alternatives, which could substantially reduce the original biologic’s pricing and utilization. -
Are there any regulatory restrictions impacting the drug’s marketability?
Recent regulatory decisions, such as label restrictions or safety alerts, can affect patient access and reimbursement levels, thereby influencing pricing. -
What strategies can manufacturers employ to sustain market value?
Implementing lifecycle management, demonstrating additional clinical value, engaging in value-based contracts, and expanding indication labels are effective strategies.
Sources
[1] Market Research Future. “Global Biologic Market Size and Forecast.” 2022.
[2] FDA. Product approval and label information for the therapeutic class.
[3] IQVIA. "Healthcare Trends and Forecast." 2022.
[4] CMS. Medicare Part D drug pricing and negotiation updates.
[5] Industry reports on biosimilar market entry and impact.
Note: Specific drug details, market figures, and timeline projections are synthesized based on publicly available industry data and are subject to change with evolving market conditions.
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