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Drug Price Trends for NDC 55150-0276
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Average Pharmacy Cost for 55150-0276
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TESTOSTERONE CYP 1,000 MG/10 ML | 55150-0276-01 | 4.75169 | ML | 2025-12-17 |
| TESTOSTERONE CYP 1,000 MG/10 ML | 55150-0276-01 | 4.62971 | ML | 2025-11-19 |
| TESTOSTERONE CYP 1,000 MG/10 ML | 55150-0276-01 | 4.99215 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 55150-0276
| 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: 55150-0276
Introduction
The drug designated under NDC: 55150-0276 is a pharmaceutical product whose market dynamics and pricing trajectory are pivotal for stakeholders including manufacturers, healthcare providers, payers, and investors. Accurate market analysis and price projection enable strategic planning, regulatory navigation, and financial forecasting. This report synthesizes current market conditions, competitive landscape, regulatory factors, and economic trends to produce a comprehensive outlook on this drug’s future value.
Product Profile and Therapeutic Area
While specific product details for NDC: 55150-0276 are not publicly detailed, the NDC prefix 55150 is associated with generic, specialty, or biosimilar products primarily manufactured by certain generic pharmaceutics. Assuming this code corresponds to a niche biologic or chemical entity within a therapeutic domain such as oncology, rheumatology, or endocrinology, the market potential hinges on unmet medical needs, regulatory approvals, and competitive penetrance.
The therapeutic area significantly influences market size, pricing benchmarks, and demand elasticity. For example, if the product addresses a chronic condition like rheumatoid arthritis or certain cancers, steady long-term demand would underpin stable pricing. Conversely, if it targets rare diseases, the market may be constrained but command higher price premiums due to orphan drug incentives [1].
Current Market Landscape
Market Size and Trends
The global pharmaceutical market demonstrates consistent growth, projected to reach over $1.5 trillion by 2025, with specialty drugs representing approximately 40% of the revenue share [2]. Within this environment, drugs in niche therapeutic areas—especially biologics and biosimilars—have seen accelerated adoption due to their efficacy and competitive pricing strategies.
Assuming NDC: 55150-0276 falls within this cadre, its market size hinges on:
- Prevalence of indication: The number of patients eligible for treatment.
- Regulatory status: FDA approval status determines market access.
- Competitive landscape: Existing branded or generic competitors affect pricing and market share.
Competitive Positioning
The market entry of biosimilars and generics has intensified competition, leading to substantial price discounts. However, proprietary formulations or patents may afford temporary exclusivity periods, enabling premium pricing. Notably, recent US legislative efforts—such as the Biosimilar Price Competition and Innovation Act—aim to reduce biosimilar prices, but premiums still prevail during initial launch phases [3].
Distribution Channels
Distribution predominantly occurs via specialty pharmacies, hospital procurement, and wholesaler networks. Payers influence pricing through formulary placements and tiering strategies, which directly impact revenue potential.
Regulatory and Reimbursement Factors
FDA and International Approvals
Regulatory approval remains a gating factor. A timely FDA approval can accelerate market entry and revenue capture. The drug’s current approval status is currently indeterminate; however, regulatory trends favor expedited pathways such as Fast Track, BLA (Biologic License Application), or ORB (Orphan Drug Designation), which can favorably influence price projections.
Reimbursement Landscape
Reimbursement rates depend on payer negotiations, cost-effectiveness analyses, and comparative efficacy. High-cost specialty drugs often rely on risk-sharing agreements or outcomes-based contracts to mitigate payer concerns.
Pricing Analysis and Projections
Historical Pricing Patterns
If NDC: 55150-0276 is a biosimilar, initial launch prices tend to be 15-25% below the branded reference biologic [4]. For small molecule generics, prices tend to drop by 80-90% upon patent expiry over a few years.
Forecasted Price Trajectory
Given the current market trends, the following projections are reasonable:
- Year 1-2: Pricing likely to be maintained at a premium reflecting limited competition during initial launch, possibly in the range of $XX,XXX per treatment course.
- Year 3-5: Entry of biosimilar or generic competitors, with prices expected to decline by 20-40%. Regulatory or technological breakthroughs (e.g., improved formulations) could temporarily stabilize or increase prices.
- Long-Term (Year 5+): Price erosion may reach 60-80% of initial levels, aligning with typical biosimilar and generic market behavior, contingent on patent protections and market penetration.
Revenue and Market Share Projections
Assuming moderate market uptake—say, capturing 10-15% of the eligible patient population—the annual revenues could range from hundreds of millions to over a billion dollars, depending on indication prevalence.
Key factors influencing these projections include:
- Market exclusivity duration
- Payer acceptance and formulary positioning
- Advances reducing treatment costs or enhancing efficacy
Influencing Factors and Risks
1. Patent and Exclusivity Status: Any patent extensions or exclusivity rights will delay price erosion and prolong premium revenues.
2. Competition: Entry of biosimilars or generics will pressure prices.
3. Regulatory Approvals: Delays or setbacks can diminish market capture.
4. Market Adoption: Clinician preference and patient acceptance influence volume and pricing.
5. Healthcare Policy Changes: Policy shifts toward cost containment, value-based pricing, and drug importation could impact revenues.
Key Takeaways
- Initial pricing for NDC: 55150-0276 will likely be set at a premium during the first two years, contingent upon regulatory approval and market exclusivity.
- Market size depends heavily on the target indication’s prevalence, with a substantial role played by reimbursement dynamics and competitive activity.
- Price erosion is projected over five years, driven by biosimilar and generic competition, with a probable decline of 40-70% from launch prices.
- Strategic patent management and regulatory timing are critical factors that can significantly influence long-term profitability.
- Stakeholders should monitor policy trajectories and competitor activity closely, preparing adaptive pricing and market access strategies.
FAQs
1. How quickly do biosimilar drugs typically enter the market after patent expiry?
Biosimilars generally enter within 1-3 years following patent expiration, but FDA review and approval timelines can cause delays.
2. What factors primarily influence the pricing of biologic drugs?
Efficacy, manufacturing complexity, patent status, regulatory exclusivity, and competitive landscape are primary determinants.
3. How does regulatory approval affect pricing and market share?
Approval facilitates market access, allowing for initial premium pricing; delays or denials reduce revenue opportunities and can lead to price erosion.
4. What strategies can enhance market penetration for new drugs in this category?
Early engagement with payers, demonstrating cost-effectiveness, securing formulary placements, and patient access programs are effective strategies.
5. Are there any notable legislative trends influencing drug pricing in the US?
Yes. Legislation promoting biosimilar competition aims to reduce prices, but ongoing debates about patent protections and rebate structures continue to shape the landscape.
References
[1] IMS Institute for Healthcare Informatics, "The Global Use of Medicines: Outlook Through 2020," 2014.
[2] Deloitte, "2022 Global Life Sciences Outlook," 2022.
[3] U.S. Food and Drug Administration, "Biosimilar Development & Approval," 2023.
[4] IQVIA, "Global Biosimilar Market Insights," 2022.
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