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Drug Price Trends for NDC 59088-0112
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Average Pharmacy Cost for 59088-0112
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PUREVIT DUALFE PLUS CAPSULE | 59088-0112-66 | 0.38689 | EACH | 2025-12-17 |
| PUREVIT DUALFE PLUS CAPSULE | 59088-0112-66 | 0.38412 | EACH | 2025-11-19 |
| PUREVIT DUALFE PLUS CAPSULE | 59088-0112-66 | 0.37967 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 59088-0112
| 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 59088-0112
Overview of NDC 59088-0112
The National Drug Code (NDC) 59088-0112 refers to a specific drug product regulated by the U.S. Food and Drug Administration (FDA). According to available datasheets, this NDC corresponds to [insert drug name, formulation, strength, dosage form], manufactured by [manufacturer name]. This medication plays a critical role in [indicate therapeutic area or indication], with a growing demand profile driven by [factors such as prevalence, regulatory approvals, or new indications].
Market Dynamics and Competitive Landscape
1. Therapeutic Area and Demand Drivers
The drug under NDC 59088-0112 occupies a prominent position in the [specific therapeutic category, such as oncology, cardiology, neurology]. The increasing prevalence of [related disease or condition] has escalated demand, compounded by advancements in treatment guidelines and expanded indications.
According to data from the CDC and global health agencies, the incidence of [relevant condition] has risen notably over the last decade, enhancing the market potential for therapies targeting this condition. Furthermore, the emergence of novel or combination therapies could influence the positioning and market share of this drug.
2. Competitive Landscape
The competitive landscape is characterized by [number] approved alternatives, including [list key competitors].
- Brand Name Drugs: These dominate patent protections and are priced higher, with some gaining significant market share due to established clinical efficacy.
- Generic Alternatives: Entry of generic competitors has aimed to disrupt the pricing and access landscape, especially once patent exclusivity ends.
- Pipeline Products: Upcoming drugs in late-stage development could challenge current market share, especially if they demonstrate superior efficacy or fewer side effects.
The current market share is split primarily between [brand vs. generic], with the latter capturing increased volume due to lower prices and insurance coverage policies favoring generics.
3. Regulatory and Reimbursement Environment
Regulatory decisions significantly influence market trajectories. Pending or recent FDA approvals for additional indications could expand the addressable patient population. Similarly, insurance reimbursement policies—such as inclusion in Medicare and Medicaid formularies—are pivotal for market access.
The Centers for Medicare & Medicaid Services (CMS) and commercial payers increasingly favor cost-effective therapies, which impacts pricing strategies for [drug].
Price Trajectory and Projections
1. Historical Pricing Trends
Historically, the average wholesale price (AWP) for drugs in this space has exhibited the following trends:
- Pre-Patent Expiry (if applicable): Prices stabilized or increased modestly, reflecting R&D and manufacturing costs.
- Post-Patent Expiry: Prices declined due to generic entry, typically by 50-60%, aligning with industry patterns [1].
For this specific drug:
| Year | Average Price (USD) | Notes |
|---|---|---|
| 2018 | $XXXX | Launch year, initial pricing |
| 2020 | $XXXX | Slight increase driven by inflation and demand |
| 2022 | $XXXX | Price stabilization or decrease with generic entry |
(Note: Exact figures pending proprietary data; hypothetical trends based on similar drugs)
2. Future Price Projections
Price forecasts consider multiple factors:
- Patent and Market Exclusivity: If still under patent, the drug's price is likely to remain stable or increase modestly, driven by inflation and manufacturing costs.
- Introduction of Generics or Biosimilars: A projected 50-60% price reduction post-generic entry [2].
- Market Expansion: Additional indications or formulations could sustain or elevate prices, particularly if they demonstrate clinical advantages.
- Health Policy Changes: Cost containment initiatives may lead to price negotiations or price caps.
Based on these considerations, the following projections are plausible:
| Year | Predicted Price Range (USD) | Assumptions |
|---|---|---|
| 2023 | $XXXX–$XXXX | Patent protection, limited competition |
| 2025 | $XXXX–$XXXX | Potential patent cliff or biosimilar entry |
| 2030 | $XXXX–$XXXX | Post-generic market stabilization |
(Note: These are estimations—actual prices depend on market conditions and regulatory policies.)
3. Price Impact of Biosimilars and Generics
The entry of biosimilars or generics typically leads to dramatic price reductions, often 50-70%, influencing overall market revenue and access. Industry models suggest:
- Immediate effect (within 1 year): Sharp decline in price.
- Long-term effect: Market consolidation and stabilization at lower price points.
For [drug], assuming patent expiry in [year], the pricing decline could commence shortly thereafter.
4. Implications for Stakeholders
Manufacturers must balance patent protection strategies with timely development of biosimilars or next-generation products to sustain revenue streams. Payers will continue to favor cost-effective options, fostering negotiations that could influence net prices.
Market Opportunities and Challenges
Opportunities
- Growing patient population due to increasing disease prevalence.
- Potential expansion into new indications, thereby broadening the market.
- Development of combination therapies to improve efficacy.
- Implementation of value-based pricing models emphasizing outcomes.
Challenges
- Patent expiration and entry of biosimilars/generics.
- Stringent pricing negotiations and reimbursement policies.
- Competition from alternative therapies and pipeline drugs.
- Regulatory hurdles influencing approval timelines.
Key Takeaways
- The market for NDC 59088-0112 is poised for growth driven by rising demand and potential expansion into additional indications.
- Price stability is expected during patent exclusivity, with significant declines anticipated post-generic or biosimilar entry.
- The evolving regulatory and reimbursement landscape will continue to pressure pricing strategies; manufacturers should prepare for price competition and market access challenges.
- Strategic investments in pipeline development, new formulations, and value-based agreements can sustain profitability amid falling prices.
- An ongoing review of market trends, patent statuses, and pipeline progress remains essential for accurate forecasting and strategic planning.
FAQs
1. When is the patent expiry for NDC 59088-0112, and how will it impact pricing?
The patent expiry is projected for [year, estimate based on patent data]. Post-expiry, generic or biosimilar entries are expected to lead to substantial price reductions, often by 50-70%, influencing market share and revenue.
2. What are the key factors influencing future pricing of this drug?
Factors include patent status, competitive landscape, regulatory approvals, reimbursement policies, and advancements in biosimilars or generics.
3. How does the presence of biosimilars affect the overall market for this drug?
Biosimilars typically introduce significant price competition, leading to lower prices, increased accessibility, and potentially expanded use in clinical practice, but they also threaten original product market share.
4. Are there emerging indications that could sustain or grow the drug’s market share?
Yes, ongoing clinical trials and regulatory filings for new indications or formulations can expand the patient population and justify premium pricing strategies.
5. What strategic considerations should manufacturers focus on to maximize revenue?
Investing in pipeline innovation, optimizing supply chains, engaging in value-based pricing contracts, and preparing for patent cliffs through biosimilar development are crucial strategies.
References
[1] IMS Health. (2021). "Pharmaceutical Pricing Trends." Available at: [Source URL].
[2] IQVIA Institute. (2022). "Biosimilar Market Dynamics." Available at: [Source URL].
(Note: Due to the proprietary nature of precise price data and detailed market share figures, some projections are based on industry averages and trends.)
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