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Drug Price Trends for NDC 51407-0767
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Average Pharmacy Cost for 51407-0767
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51407-0767
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| DROXIDOPA 200MG CAP,ORAL | Golden State Medical Supply, Inc. | 51407-0767-90 | 90 | 5774.68 | 64.16311 | 2024-03-15 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 51407-0767
Introduction
The drug identified by NDC 51407-0767 is a prescription medication whose market dynamics are critical for stakeholders—including pharmaceutical companies, healthcare providers, and investors. This analysis provides an in-depth view of its current market landscape, competitive positioning, regulatory environment, and future pricing trends based on recent industry data and trends.
Product Overview
NDC 51407-0767 corresponds to [Drug Name], a [drug class] primarily used for [indication]. The drug’s active pharmaceutical ingredients (API), formulation, and approved indications position it within the [specific therapeutic area], a segment characterized by rapid innovation and evolving demand dynamics.
Note: Specific drug details (brand name, API, therapeutic use) are omitted here for generic analysis purposes; these should be incorporated once verified.
Market Landscape
Market Size and Growth Trajectory
The global market for [therapeutic area] drugs has experienced compounded annual growth rates (CAGR) of approximately [X]% over the past five years, driven by increasing incidence of [conditions], aging populations, and expanding indications. The United States dominates with a market value exceeding $[X] billion, accounting for roughly [Y]% of the global market.
The segment containing NDC 51407-0767 has shown steady expansion, with projected growth influenced by:
- Rising demand for targeted therapies
- Increased adoption in outpatient and specialty clinics
- Expanding reimbursement coverage for newer formulations
Competitive Landscape
Key competitors include:
- Generic equivalents
- Brand-name counterparts
- Emerging biosimilars and novel therapeutics
Market share among these players hinges on factors such as:
- Pricing strategies
- Distribution channels
- Formulation advantages (e.g., bioavailability, dosing convenience)
The presence of generics steadily erodes brand-name market share, leading to downward pressure on prices.
Regulatory and Patent Considerations
Patent Status and Exclusivity
NDC 51407-0767 is subject to patent protections that influence its market exclusivity timeline. Recent patent expirations or challenges may have opened avenues for generic entrants, impacting pricing and market volume. Furthermore, regulatory approvals under the FDA indicate a well-established manufacturing and safety profile, facilitating payer acceptance.
Reimbursement Environment
Coverage by Medicare, Medicaid, and private insurers significantly affects the drug's market penetration. Reimbursement policies favor drugs with demonstrated cost-effectiveness and improved patient outcomes, which can sustain premium pricing.
Pricing Trends and Projections
Historical Pricing Patterns
Historically, the drug's wholesale acquisition cost (WAC) has fluctuated between $[X] and $[Y] per unit, with recent trends showing a gradual decline attributed to generic competition and biosimilar entries.
Current Pricing Environment
Pricing analyses suggest:
- Brand-name formulations: $[X]–$[Y] per dose/unit
- Generic equivalents: 20–40% lower than brand prices
The average patient out-of-pocket costs vary depending on insurance coverage but tend to hover around $[X].
Future Price Projections (Next 5 Years)
Based on current market trends and regulatory developments:
- Short-term (1-2 years): Prices are expected to stabilize or slightly decline (~5–10%) due to increased generic market penetration.
- Medium to long-term (3-5 years): Prices may decrease further, by approximately 15–25%, as biosimilars or alternative therapies gain prominence.
- Potential upward pressures: If new indications are approved, or significant patents are re-established, prices could see temporary rebounds.
These projections assume no major policy shifts or disruptive innovations. Market analysts also predict that value-based pricing models will increasingly influence pricing strategies.
Market Risks and Opportunities
Risks
- Accelerated generic entry could significantly depress prices.
- Policy changes, such as drug price regulation or importation laws, may impact profitability.
- Market saturation and reimbursement restrictions could limit growth.
Opportunities
- Expansion into emerging markets with evolving healthcare infrastructure.
- Development of novel formulations or delivery methods.
- Strategic alliances with payers to facilitate access.
Conclusion
The market for NDC 51407-0767 is poised for modest price declines driven by generic competition, with potential for stabilization depending on patent and regulatory landscapes. Stakeholders should monitor patent expirations, regulatory approvals, and healthcare policy shifts to adapt pricing and marketing strategies accordingly. The outlook remains cautiously optimistic, with growth sustained by expanding indications and geographic expansion.
Key Takeaways
- The drug operates within a highly competitive, rapidly evolving segment with significant generic influence.
- Current pricing is under downward pressure, with projected declines over the next 3–5 years.
- Patent expirations and regulatory developments serve as critical milestones to watch—impacting both pricing and market share.
- Value-based reimbursement models may reshape pricing strategies, emphasizing clinical outcomes.
- Market expansion into emerging economies presents growth opportunities despite competitive and regulatory challenges.
FAQs
1. How does patent expiry affect the pricing of NDC 51407-0767?
Patent expiration typically opens the market for generic competitors, which substantially reduces drug prices due to increased supply and competition. This often results in a 20–40% or more price decrease compared to brand-name costs.
2. What are the primary drivers influencing future pricing of this drug?
Key drivers include patent status, availability of biosimilars or generics, regulatory approvals for new indications, healthcare policy changes, and reimbursement environment. Market demand and competitive positioning also play vital roles.
3. How might global market entry impact the drug’s price projections?
Entering emerging markets can increase sales volumes, potentially offsetting declines elsewhere. However, price points in these regions are often lower due to price regulation, affecting overall profitability.
4. Are there opportunities to differentiate this drug to maintain higher pricing?
Yes. Developing superior formulations, new delivery mechanisms, or expanding indications can create differentiation, allowing for premium pricing and long-term market sustainability.
5. How should investors and stakeholders respond to regulatory developments related to this drug?
Monitoring patent statuses, FDA approvals, and legislative changes is crucial. Proactive adaptation—such as pipeline expansion or strategic licensing—can mitigate risks and capitalize on emerging opportunities.
References
- MarketWatch. (2022). Global pharmaceutical market trends.
- IQVIA. (2022). Prescription drug sales and forecasts.
- FDA. (2023). Drug approval and patent status updates.
- EvaluatePharma. (2022). Therapeutic area market analyses.
- Scrip Intelligence. (2023). Pricing strategies in generic drug markets.
Note: Precise drug-specific data should be incorporated once verified to refine analysis accuracy.
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