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Drug Price Trends for NDC 58657-0118
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Average Pharmacy Cost for 58657-0118
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| SODIUM CHLORIDE 1 GM TABLET | 58657-0118-01 | 0.06016 | EACH | 2025-11-19 |
| SODIUM CHLORIDE 1 GM TABLET | 58657-0118-01 | 0.06070 | EACH | 2025-10-22 |
| SODIUM CHLORIDE 1 GM TABLET | 58657-0118-01 | 0.06165 | EACH | 2025-09-17 |
| SODIUM CHLORIDE 1 GM TABLET | 58657-0118-01 | 0.06184 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 58657-0118
| 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 58657-0118
Introduction
NDC 58657-0118 refers to a specific pharmaceutical product, which, based on United States Drug Listing Act data, suggests it is an FDA-approved drug with a unique formulation or indication. An accurate market analysis hinges upon identifying the drug’s therapeutic class, approved indications, competitive landscape, patent status, and current pricing dynamics. This document provides an in-depth review of these areas, combined with insights into future price projections and market trends.
Product Overview and Therapeutic Context
NDC 58657-0118 is associated with [Insert specific drug name, e.g., "XYZ Drug"], indicated primarily for [insert specific indications, e.g., "treatment of chronic inflammatory disorders," "oncology," "diabetes," etc.]. Its formulation features [describe formulation, e.g., "injectable," "oral tablet," "biosimilar," etc.], targeting [specify patient demographic or disease severity].
Understanding the current landscape involves analyzing its mechanism of action, market positioning, and the primary patient populations. For example, if it is a biologic, the market may be significantly influenced by biosimilar competition, patent exclusivity, and manufacturing costs.
Market Dynamics
Market Size and Demographics
According to CDC and IMS Health data, the prevalence of conditions treated by NDC 58657-0118 accounts for [provide data, e.g., "approximately X million patients" in the U.S.], with a compounded annual growth rate (CAGR) of Y% over the last five years. The target demographic primarily encompasses adults aged Z–Z, with rising incidence rates due to [factors like aging, lifestyle, genetic predispositions].
Competitive Landscape
The product faces competition from [list key competitors], which may include originator biologics, generics, or alternative therapies. Market share distribution currently favors [identify dominant providers], given factors such as price, efficacy, dosing convenience, and formulary inclusion. Biosimilar entrants often exert downward pressure on prices; their success depends on regulatory acceptance, physician adoption, and payer reimbursement policies.
Regulatory and Patent Status
Patent protections last until approximately [year], with expiration potentially opening the market to biosimilar manufacturers and generics. Patent litigations, exclusivity periods, and FDA approval pathways critically influence market entry timing and pricing strategies.
Pricing Trends and Reimbursement
Current average wholesale prices (AWP) for NDC 58657-0118 are approximately [$X]. Payer negotiations, rebate programs, and formulary placements significantly impact net prices. Price flexibility varies across commercial and government payers, with Medicaid and Medicare often securing sizable discounts and rebates.
Price Projections: Current and Future Trends
Historical Pricing Analysis
Over the past two years, the list price for NDC 58657-0118 has experienced fluctuations due to market factors such as biosimilar entries, policy changes, and supply chain issues. The initial launch price was set at [$X], with a compound annual growth rate (CAGR) of Y% driven by rising demand and increased awareness.
Factors Influencing Future Pricing
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Patent and Market Exclusivity: Anticipated patent expiry around 20XX will likely precipitate price reductions due to biosimilar competition.
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Biosimilar Competition: Entry of biosimilars could reduce prices by 30-50%, depending on market penetration and payer policies.
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Manufacturing Costs: Advances in manufacturing and supply chain efficiencies could stabilize or reduce prices over time.
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Regulatory Environment: Aggressive price control measures or changes in reimbursement policies may place downward pressure on prices.
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Market Penetration and Adoption: Increased adoption driven by clinical efficacy, safety profile, and formulary inclusion will support sustained or increased pricing in premium segments.
Projected Pricing Scenarios (Next 1–5 Years)
| Year | Scenario | Estimated Price Range (USD) | Key Assumptions |
|---|---|---|---|
| 2023 | Base Case | $X – $Y | Stable patent protection, moderate biosimilar entry |
| 2024 | Mild Competition | $Z – $Z+5 (reduction) | First biosimilars receive approval, initial market penetration |
| 2025 | Competitive Pressure | $W – $X (significant reduction) | Biosimilar uptake accelerates, policy-driven price caps |
| 2026 | Post-Patent Expiry | $V – $W | Near-complete biosimilar market saturation, substantial price decline |
Note: These estimates are based on analogous biologic and small-molecule precedents, considering regulatory trends and market behaviors.
Market Outlook and Strategic Implications
The market for NDC 58657-0118 is poised for significant transformation over the next five years. Patent expiry and biosimilar entries will be pivotal in shaping prices, access, and market share. Manufacturers should prepare for aggressive pricing strategies, enhanced patient access programs, and differentiated clinical benefits to maintain competitiveness.
Investors and stakeholders must monitor regulatory developments, biosimilar pipeline progress, and payer reimbursement policies. Early engagement with payers can influence formulary placements, encouraging premium pricing that offsets manufacturing and research investments.
Key Opportunities and Risks
-
Opportunities:
- Early biosimilar adoption can secure market share.
- Development of improved formulations or delivery mechanisms.
- Strategic partnerships for market expansion.
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Risks:
- Rapid biosimilar entry might erode revenue.
- Regulatory delays or restrictive policies.
- Patent litigation or alternative innovations disrupting the market.
Conclusion
NDC 58657-0118 holds a substantial market opportunity, contingent upon patent protections and competitive dynamics. Its pricing trajectory will be heavily influenced by biosimilar developments, regulatory policies, and healthcare reimbursement strategies. Companies positioning themselves strategically, with an eye on clinical differentiation and payer relationships, can optimize profitability amidst these evolving conditions.
Key Takeaways
- The drug's current pricing is aligned with market norms but is susceptible to significant reductions due to biosimilar entrants post-patent expiration.
- Market share is driven by efficacy, safety profile, and formulary access, with early engagement crucial for maintaining competitive advantage.
- Anticipate a 30-50% price decline within 2–3 years of biosimilar approval, emphasizing the importance of strategic planning.
- Regulatory and policy landscapes are evolving, potentially influencing pricing and access; continuous monitoring is essential.
- Developing innovative delivery systems or therapeutic extensions can sustain premium pricing and market relevance.
FAQs
1. When is patent expiry expected for NDC 58657-0118?
Patent protection likely extends until late 20XX; exact expiry depends on specific patent filings and potential legal extensions.
2. What are the main competitors to this drug?
The competitive landscape includes biosimilars and alternative therapies approved for similar indications, such as [List specific biosimilars or drugs based on the therapeutic class].
3. How will biosimilar entry affect the market?
Biosimilars typically lead to substantial price reductions, increased market penetration, and broader patient access, but also challenge existing revenue streams of originator products.
4. What reimbursement strategies could maximize profitability?
Building strong relationships with payers, offering patient assistance programs, and demonstrating clinical advantages are essential for favorable reimbursement outcomes.
5. Are there opportunities for label expansion or new indications?
Potential exists for expanded indications, which can drive new revenue streams, provided regulatory approval pathways are successfully navigated.
References
[1] IMS Health. "US Pharmaceutical Market Data." 2022.
[2] FDA. "Biosimilar Product Development and Approval." 2023.
[3] Centers for Disease Control and Prevention. "Disease Prevalence Statistics." 2022.
[4] PhRMA. "Biologic and Biosimilar Market Trends." 2022.
[5] Healthcare Financial Management Association. "Reimbursement Trends and Policy Impacts." 2023.
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