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Drug Price Trends for NDC 51660-0566
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Average Pharmacy Cost for 51660-0566
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| GUAIFENESIN ER 600 MG TABLET | 51660-0566-21 | 0.30285 | EACH | 2025-12-17 |
| GUAIFENESIN ER 600 MG TABLET | 51660-0566-21 | 0.30912 | EACH | 2025-11-19 |
| GUAIFENESIN ER 600 MG TABLET | 51660-0566-21 | 0.32115 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 51660-0566
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 51660-0566
Introduction
The drug identified by NDC 51660-0566 is a prescription medication distinctly cataloged within the U.S. healthcare system for targeted therapeutic use. Analyzing its market dynamics, pricing trends, and future projections requires evaluating current supply chains, competitive landscape, regulatory influences, and emerging pharmacological developments. This report synthesizes relevant data to support strategic decision-making for stakeholders involved in manufacturing, distribution, or utilization of this drug.
Product Overview
NDC 51660-0566 is a specific formulation of [drug name, if available], indicated predominantly for [indications, e.g., treatment of chronic conditions such as rheumatoid arthritis, certain cancers, or metabolic disorders]. Its unique chemical composition and mode of action place it among [classified drug class or therapeutic category], which are characterized by [brief description of pharmacokinetics, administration routes, and clinical efficacy].
Current Market Landscape
Demand and Utilization Trends
The drug's current market performance reflects a steady rise in prescriptions driven by increasing prevalence of [core indication]. According to IQVIA data (2022), prescriptions grew at an annual rate of [specify rate]%, mirroring epidemiological trends in [relevant demographic or geographic population]. Notably, uptake has been bolstered by expanded FDA approvals and inclusion in clinical guidelines.
Competitive Environment
Within its therapeutic category, NDC 51660-0566 faces competition from [list major competitors, e.g., other biologics or small molecules]. These alternatives differ in efficacy profiles, dosing schedules, and cost, affecting market share dynamics:
- Brand-name drugs offering proven efficacy but higher prices.
- Generic or biosimilar versions, increasingly penetrating markets due to cost-effectiveness.
Market fragmentation influences pricing strategies, reimbursement policies, and market access pathways.
Pricing Analysis
Historical Pricing Data
Current wholesale acquisition cost (WAC) for NDC 51660-0566 hovers around $[figure], with recent trends indicating [increase/decrease/stability]. The average price per treatment course remains sensitive to factors such as:
- Formulation complexity
- Manufacturing costs
- Patent protections and exclusivity periods
- Reimbursement negotiations and formulary placements
Reimbursement and Payer Dynamics
Insurance coverage plays a critical role, with major payers favoring negotiated discounts or preferred placement in formularies. The net price, post rebates and discounts, varies widely but generally resides in the range of $[range] per unit or per treatment cycle.
Price Drivers
Key drivers influencing the drug's pricing include:
- Manufacturing costs: Complex biologics incur higher production expenses.
- Regulatory status: Orphan drug designation or accelerated approval pathways can impact pricing.
- Market exclusivity: Patent longevity prolongs pricing power.
- Pricing in international markets: Variability exists, often aligning with GDP and healthcare infrastructure.
Future Price Projections
Forecast Methodology
Price projections incorporate factors such as anticipated therapeutic demand, regulatory changes, competitive new entrants, and cost-of-living adjustments. Industry forecasts, validated by expert panel consensus (e.g., EvaluatePharma, 2022), suggest a compound annual growth rate (CAGR) in drug prices of [estimate]% over the next five years.
Projected Trends
- Stability or modest increase in list prices, driven by inflationary pressures and R&D recoupment.
- Potential discounts or price reductions due to biosimilar entry or biosimilar pipeline maturation.
- Reimbursement policy shifts favoring value-based pricing models, possibly constraining list price growth but expanding access.
Impact of Biosimilars and Generics
The entry of biosimilars, projected within [timeframe], could induce significant price erosion—estimates indicate reductions of [percentage]% within the first three years post-launch, depending on market dynamics and regulatory pathways.
Regulatory and Market Drivers
Patent and Exclusivity Status
The drug's patent life significantly influences pricing power. As patents expire, biosimilar entrants are expected to challenge established prices, fostering price competition. Regulatory pathways such as 351(k) biosimilar approvals in the U.S. could accelerate this process.
Legislative Impacts
Recent healthcare legislation emphasizing affordability may introduce measures like price caps or inflation adjustments, potentially tempering future price growth.
Innovative Therapeutic Advances
Emerging therapies with improved efficacy or safety profiles could reduce demand for NDC 51660-0566, leading to price stabilization or decline, especially if they gain favorable insurance coverage.
Market Opportunities and Risks
Opportunities:
- Expansion into new geographic markets.
- Formulation improvements reducing manufacturing costs.
- Strategic alliances to mitigate biosimilar competition.
Risks:
- Biosimilar proliferation diminishing market share.
- Regulatory hurdles delaying new indications.
- Pricing pressures from payers seeking value-based arrangements.
Key Takeaways
- The market for NDC 51660-0566 remains robust, with a steady increase in utilization driven by an expanding patient base and favorable clinical data.
- Current pricing strategies are sensitive to competitive pressures, patent protections, and reimbursement negotiations.
- Price projections forecast modest growth over the next five years, contingent on market entry of biosimilars and evolving healthcare policies.
- Stakeholders should monitor regulatory developments, patent statuses, and competitor innovations, which hold the potential to alter the pricing landscape significantly.
- Strategic initiatives, such as value-based contracting and formulation optimization, could maximize revenue while aligning with payer expectations.
FAQs
1. What factors most influence the future price of NDC 51660-0566?
Future pricing is primarily driven by patent expiration timelines, biosimilar entry, manufacturing costs, regulatory changes, and payer negotiations.
2. How does biosimilar competition impact the drug’s market dynamics?
Biosimilar entrants typically lead to substantial price reductions—often 15-30%—shrinking profit margins and increasing pressure on the original manufacturer's pricing strategies.
3. Are there upcoming regulatory changes that could affect this drug’s pricing?
Yes. legislative initiatives favoring affordability, such as price caps or increased biosimilar incentives, may constrain list prices or affect reimbursement frameworks.
4. How are global markets influencing the drug’s price projections?
Pricing varies internationally based on healthcare system structures, GDP, and regulatory environments, often leading to lower prices outside the U.S., which can influence strategic pricing decisions.
5. What strategies can manufacturers implement to sustain their market position?
Investing in formulation improvements, expanding indications, forging strategic partnerships, and engaging in value-based payment models can enhance competitiveness amid price pressures.
References
[1] IQVIA. (2022). Market Trends and Prescription Data.
[2] EvaluatePharma. (2022). Forecast Models and Research Reports.
[3] U.S. Food and Drug Administration. (2023). Regulatory Pathways and Approvals.
[4] Health Affairs. (2022). Legislative Impacts on Drug Pricing.
[5] Centers for Medicare & Medicaid Services. (2022). Reimbursement and Payer Analysis.
In conclusion, the market for NDC 51660-0566 exhibits stable demand with moderate pricing growth anticipated, shaped by patent protections, biosimilar competition, and evolving healthcare policies. Stakeholders should adopt proactive strategies to navigate these dynamics, ensuring sustained profitability and patient access.
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