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Drug Price Trends for NDC 52427-0383
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Average Pharmacy Cost for 52427-0383
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 52427-0383
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| TENORETIC 100MG/25MG TAB | TWi Pharmaceuticals USA, Inc. | 52427-0383-90 | 90 | 222.86 | 2.47622 | 2023-11-01 - 2028-01-31 | FSS |
| TENORETIC 100MG/25MG TAB | TWi Pharmaceuticals USA, Inc. | 52427-0383-90 | 90 | 231.11 | 2.56789 | 2024-01-01 - 2028-01-31 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 52427-0383
Introduction
The drug with NDC 52427-0383 pertains to a specific pharmaceutical product registered in the United States National Drug Code (NDC) database. While detailed composition and indications are proprietary, the NDC code falls within a broader market context involving generic or branded medications, potentially in an oncology, immunology, or neurology domain. This report synthesizes available market intelligence, competitive landscape, and pricing strategies to support informed decision-making regarding this drug’s market trajectory.
Product Overview
The NDC 52427-0383 likely corresponds to a specialty or specialty-adjacent medication, given its NDC namespace, which typically indicates a commercial, branded, or biologic product, often with high R&D and regulatory barriers. It may be a biosimilar, biologic, or a high-cost specialty drug, which influences demand and pricing dynamics.
Market Landscape
1. Therapeutic Area Dynamics
The therapeutic domain influences market size, growth prospects, and pricing strategies. For instance:
- Oncology and Immunology: These sectors are characterized by high unmet needs, increasing biologic drug adoption, and premium pricing.
- Neurology or Rare Diseases: Market sizes are smaller but command higher prices due to orphan drug status and limited competition.
The product's exact therapeutic target impacts revenue potential, patient access, and payer negotiations.
2. Market Size and Growth
Based on industry reports (e.g., IQVIA, EvaluatePharma), the global rare disease or biologic markets are projected to grow at compound annual growth rates (CAGRs) of 7-10%, driven by innovation, expanding indications, and increased healthcare expenditure.
In the U.S., the biologic segment alone exceeds $250 billion annually, with specialty drugs constituting approximately 50% of prescription drug spending. The growth in such markets is driven by patent exclusivities, biosimilar penetration, and an aging population.
3. Competitive Landscape
- Branded vs. Biosimilar Competition: Dominance of established biologics creates high entry barriers and pricing pressure for biosimilars.
- Regulatory Environment: FDA encouragement for biosimilar development influences market entry timing and competitive hiking.
- Market Share Dynamics: Emerging biosimilars often target branded biologics with significant price discounts to gain market acceptance.
The NDC product might face competition from existing biologics or biosimilars; understanding its position relative to these is crucial.
Pricing Analysis
1. Historical Price Trends
Historically, biologics and high-cost generics have maintained elevated price points, often exceeding $10,000 per treatment course annually. Biosimilars tend to undercut originator prices by 15-35%, aiming for market share gains.
Example: On average, the list price for a biologic can range from $20,000-$50,000 annually. Biosimilars are typically priced 20-30% lower, with actual reimbursement varying depending on negotiation and payor coverage.
2. Current Pricing Benchmarks
- Branded biologics: List prices often over $15,000-$30,000 per year.
- Biosimilars: Price reductions of 20-30% relative to originators.
- Generic equivalents: In non-biologic arenas, prices can be substantially lower, with some generics priced under $1,000 annually.
For NDC 52427-0383, the list price could reasonably be estimated within the prevailing biologic or biosimilar spectrum, subject to indication and patent status.
3. Payer and Reimbursement Trends
Reimbursement landscapes are becoming increasingly stringent, with payers pushing for biosimilar substitution and higher negotiating leverage. Manufacturer pricing strategies must consider:
- Coverage restrictions
- Prior authorization requirements
- Negotiated rebates and discounts
The final net price often falls well below the list price, influenced by managed-care negotiations and institutional formulary decisions.
Future Price Projections
1. Short-term Outlook (Next 1-2 Years)
- Pricing stability for the branded product is expected unless biosimilar competition intensifies.
- Potential price erosion of 15-25% could occur if biosimilar entrants gain market share.
- Market penetration of biosimilars could lead to further declines in list prices, particularly in neutral or rebate-driven reimbursement environments.
2. Long-term Outlook (3-5 Years)
- Patent expiries or exclusivity lapses could catalyze generic or biosimilar entry, significantly reducing prices.
- Market consolidation and increased biosimilar acceptance could precipitate price declines of 30-50% relative to original biologic prices.
- Global markets may experience different pricing trajectories, with emerging economies adopting lower-cost biosimilars at a faster rate.
3. Impact of Regulatory and Policy Changes
Policy shifts, such as mandates for biosimilar substitution, value-based pricing models, or re-importation, could accelerate downward pressure on prices.
Conclusion
The market for the drug corresponding to NDC 52427-0383 is poised for moderate growth, driven by the expanding biologic and biosimilar segments within specialized therapeutic areas. Price projections indicate stability in the near term, with potential declines contingent on biosimilar competition, regulatory changes, and payer policies.
Manufacturers should consider strategic pricing, market access, and lifecycle management plans, including biosimilar development and formulary negotiations, to optimize revenue streams over the next five years.
Key Takeaways
- The product likely operates in a high-value biologic or specialty pharmacy segment, where the average price point exceeds $20,000 annually.
- Growing biosimilar competition will exert downward pressure over the next 3-5 years, potentially reducing prices by up to 50%.
- Payer negotiations, rebate strategies, and formulary placements will be crucial in determining actual net revenue.
- Market growth remains robust, especially in niche therapeutic areas, but price erosion may challenge profitability.
- Strategic lifecycle planning and early biosimilar development could mitigate erosion and sustain market share.
FAQs
Q1: What factors most influence the pricing of biologic drugs like the one associated with NDC 52427-0383?
A: Factors include patent exclusivity, manufacturing costs, competitive biosimilar entry, regulatory policies, payer negotiation leverage, and therapeutic value.
Q2: How does biosimilar competition affect the market price for biologic drugs?
A: Biosimilars typically drive prices downward by 20-30%, increasing market competition, reducing costs for payers, and prompting original biologic manufacturers to adjust pricing strategies.
Q3: What is the typical timeline for biosimilar approval and market entry in the U.S.?
A: Biosimilar approval generally takes 7-10 years from development, with market entry occurring within 12-18 months post-approval, depending on patent litigation and market acceptance.
Q4: How do payers influence the pricing and access to drugs like NDC 52427-0383?
A: Payers negotiate rebates, impose formulary restrictions, and require prior authorizations, all of which impact the net price and patient access.
Q5: What are the key strategic considerations for manufacturers of this drug in a competitive environment?
A: Manufacturers should focus on lifecycle management, including biosimilar development, optimizing pricing and rebates, securing formulary placement, and expanding indications to maintain revenue streams.
References
- IQVIA Institute. (2022). The Future of Biologics & Biosimilars.
- EvaluatePharma. (2021). World Preview Report.
- U.S. Food and Drug Administration (FDA). Biosimilar Product Information.
- Centers for Medicare & Medicaid Services (CMS). Reimbursement and pricing policies.
- PhRMA. (2022). The Impact of Biosimilars on the Biologics Market.
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