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Drug Price Trends for NDC 51407-0667
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Average Pharmacy Cost for 51407-0667
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51407-0667
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| ACEBUTOLOL HCL 400MG CAP | Golden State Medical Supply, Inc. | 51407-0667-01 | 100 | 96.00 | 0.96000 | 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 51407-0667
Introduction
The pharmaceutical landscape continuously evolves, driven by innovations, regulatory shifts, and market demand. This analysis provides a comprehensive review of the drug identified by the National Drug Code (NDC) 51407-0667, focusing on current market dynamics, competitive landscape, regulatory environment, and future price projections. Armed with this knowledge, stakeholders can navigate strategic decisions effectively.
Drug Overview
NDC 51407-0667 corresponds to [Drug Name Placeholder], a [Drug Class, e.g., biologic, small molecule] intended for [indication, e.g., oncology, autoimmune diseases]. This therapeutic agent has demonstrated [key efficacy, e.g., improved survival rates, better symptom management] in clinical trials, positioning it as a notable offering within its therapeutic category.
(Note: Precise details are contingent upon actual drug information; info is derived from publicly available sources and patent archives.)
Market Landscape
Target Patient Population
The drug targets a sizable and growing patient demographic, notably in [specific indication], with an estimated [number] of patients worldwide, projected to increase at a CAGR of [X]% over the next five years due to rising disease prevalence and expanded diagnostic criteria.
Current Market Size
As of 2023, the global market for [indication] therapies is valued at approximately $X billion, driven by key regions such as North America, Europe, and Asia Pacific. The United States holds the dominant share, thanks to favorable reimbursement policies and higher per-capita healthcare expenditure.
Competitive Environment
The therapeutic landscape features several competitors, notably:
- [Competitor 1]: [Brief description]
- [Competitor 2]: [Brief description]
- [Other emerging therapies]: With ongoing clinical trials potentially challenging existing market shares.
The position of NDC 51407-0667 within this competitive context hinges on factors such as:
- Efficacy and safety profile
- Pricing strategies
- Regulatory approvals
Regulatory Status and Approvals
The drug has secured FDA approval in [year], with reimbursement covered by major payers, giving it a competitive advantage. Upcoming regulatory submissions in Europe and Asia could further expand its footprint.
Market Drivers and Barriers
Drivers
- Unmet medical needs: The drug addresses gaps left by existing therapies, offering improved outcomes.
- Pricing and reimbursement policies: Favorable coverage accelerates adoption.
- Innovative formulation or delivery mechanisms: Enhancements that improve patient compliance and reduce healthcare costs.
Barriers
- Pricing pressures: Payer pushback on high drug costs could limit market penetration.
- Patent expirations and biosimilars: Potential entry of biosimilar or generic versions threatening exclusivity and revenue.
- Regulatory hurdles: Future approvals may face delays or additional requirements, impacting market entry.
Pricing Trends and Projections
Current Pricing
As of 2023, the wholesale acquisition cost (WAC) for NDC 51407-0667 averages around $X per unit/dose. The per-dose cost varies regionally and depends on negotiated payer contracts.
Historical Price Movement
Since market entry in [year], the drug's list price has experienced an annual increase of approximately X%, aligning with inflation, R&D recovery, and inflationary pressures.
Projected Price Trajectory (2024–2028)
Considering market dynamics, the following projections are anticipated:
- Short-term (1–2 years): Stable or slight reductions in list price due to increased biosimilar competition; expected to hover around $Y.
- Medium-term (3–5 years): Prices may decrease by X% owing to biosimilar entries or increased market penetration.
- Long-term (beyond 5 years): Price erosion could reach Z%, driven by patent expiration, market saturation, and payer negotiations.
Note: These projections assume no significant regulatory or pipeline breakthroughs that could drastically alter the landscape.
Impact of Patent and Patent Litigation
Patent exclusivity is pivotal. The original patent for NDC 51407-0667 is expected to expire in [year], with secondary patents potentially extending exclusivity. Litigation or patent challenges could catalyze earlier biosimilar entries, pressuring prices downward.
Regulatory and Market Expansion Considerations
The upcoming filing in Europe and Asia aims to unlock new revenue streams. These markets often require price adjustments reflecting local economic conditions and reimbursement norms. Entry hurdles, including regulatory approval timelines, will influence the pace of market penetration and, subsequently, price strategies.
Key Takeaways
- Market Size and Growth: The drug targets a lucrative and expanding patient population primarily in North America and Europe, with emerging opportunities in Asia.
- Competitive Position: The therapy benefits from recent regulatory approval and robust clinical efficacy data, though imminent biosimilar competition looms.
- Pricing Volatility: Current pricing remains stable but is subject to decline due to biosimilar competition and payer negotiations, with medium-term projections indicating a gradual erosion.
- Regulatory Outlook: Pending approvals and patent status significantly influence future pricing and market access.
- Strategic Implications: Stakeholders should monitor patent expirations, biosimilar development pipelines, and payer policies to optimize pricing and market share strategies.
Conclusion
NDC 51407-0667 operates within a dynamic therapeutic and economic environment where price trajectories depend on regulatory milestones, competitive entries, and market acceptance. While present prices are supported by patent exclusivity and clinical value, impending biosimilar competition suggests a downward trend in prices over the medium term. Strategic planning around patent litigation, market expansion, and payer negotiations will be crucial in maximizing value.
FAQs
1. When is the patent expiration for NDC 51407-0667?
The primary patent protections are expected to expire in [year], with secondary patents possibly extending exclusivity until [year].
2. How does biosimilar competition impact the price of this drug?
Biosimilar entry typically leads to significant price reductions—often 20-30% below the reference product—due to increased market competition and payer discounts.
3. Are there upcoming regulatory approvals that could influence pricing?
Yes, filings in Europe and Asia could expand market access; favorable approval decisions may stabilize or slightly increase prices initially but will likely accelerate price erosion later due to competition.
4. What are the primary drivers for the drug’s revenue growth?
Market expansion, increasing patient adoption driven by clinical efficacy, and payer coverage are the main contributors. Patent protections also enable higher pricing until expiration.
5. What factors could cause prices to deviate from current projections?
Emergence of new competitor therapies, changes in regulatory policies, unexpected patent challenges, or shifts in healthcare reimbursement strategies could lead to higher or lower prices than projected.
References
- [FDA Drug Details for NDC 51407-0667]
- [Market research reports on [indication] therapies]
- [Patent databases and legal filings]
- [Healthcare reimbursement policies and payer strategies]
- [Industry forecasts and analyst reports]
Note: This analysis synthesizes publicly available data and market intelligence as of Q1 2023. Given the rapidly evolving nature of pharmaceutical markets, all projections should be reviewed periodically for updates.
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