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Drug Price Trends for NDC 59148-0006
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Average Pharmacy Cost for 59148-0006
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ABILIFY 2 MG TABLET | 59148-0006-13 | 18.62491 | EACH | 2025-12-17 |
| ABILIFY 2 MG TABLET | 59148-0006-13 | 18.62681 | EACH | 2025-11-19 |
| ABILIFY 2 MG TABLET | 59148-0006-13 | 18.64165 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 59148-0006
| 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 59148-0006
Introduction
The drug identified by National Drug Code (NDC) 59148-0006 is a prescription pharmaceutical product. This analysis explores the current market landscape, competitive positioning, regulatory status, and price projection trends relevant for stakeholders. In a highly dynamic pharmaceutical market, understanding the nuances of niche or specialized drugs like NDC 59148-0006 is vital for investment decisions, formulary placement, and strategic planning.
Product Overview
While the specific formulation and therapeutic class of NDC 59148-0006 are not publicly detailed in the inquiry, NDC identifiers generally encompass the drug’s manufacturer, form, dosage, and packaging. This code likely pertains to a specialized medication, perhaps an injectable or a high-cost biologic, given its unique NDC structure.
If it belongs to a niche category—such as rare disease therapeutics or advanced oncology agents—market dynamics would differ substantially from blockbuster drugs.
Regulatory and Market Entry Context
The regulatory status critical to the market trajectory of NDC 59148-0006 involves FDA approval or clearance, manufacturing compliance (GMP), and potential orphan drug designation. For example, drugs designated as orphan therapies often benefit from market exclusivity and incentive programs, leading to predictable pricing models[1].
Current market entry status:
- FDA Approval: Confirmed or pending?
- Market Exclusivity: Granted or expiring?
- Manufacturing and Distribution: Active or limited?
The regulatory landscape can significantly influence pricing and competitive strategies.
Competitive Market Landscape
The market ecosystem for NDC 59148-0006 depends on its therapeutic category:
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If it’s a rare disease treatment: The market might be limited, with prices driven by high unmet needs and limited competition. Such drugs often see high per-unit pricing, sometimes exceeding hundreds of thousands of dollars annually per patient[2].
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If it’s a biologic or complex formulation: Competition could include biosimilars or similar biologic therapies, which tend to exert downward pressure on pricing over time. However, patent exclusivity can sustain premium pricing[3].
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If it's a specialty injectable: The presence of established generic or biosimilar options could be a downward price influence.
Current patent status, exclusivity periods, and emerging competitors constantly reshape the competitive landscape.
Market Demand and Patient Population
Demand analysis hinges on the target population size:
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Rare Disease Indication: Small, well-defined patient groups that drive high per-capita prices but limited volume.
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Common Conditions: Larger patient populations that favor volume-based pricing and competitive bidding.
Factors influencing demand include:
- Epidemiological data supporting the drug’s efficacy.
- Reimbursement and formulary acceptance by payers[4].
- Off-label use potential.
Market segmentation analysis reveals that niche drugs often generate high revenues per treatment cycle but suffer from limited overall volume.
Pricing Trends and Projections
Understanding current pricing strategies offers insight into future trends:
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Current Pricing: As of recent data, drugs for rare diseases or biologics often command list prices ranging from $50,000 to over $500,000 per year per patient[5].
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Price Regulation and Negotiation: With evolving healthcare policies, governmental bodies increasingly negotiate prices or implement value-based pricing, impacting future price trajectories.
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Market Entry of Biosimilars or Generics: The patent cliff for biologics creates potential price reductions post-exclusivity. Biosimilar competition typically reduces prices by 20-35% within a few years of market entry[6].
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Reimbursement Environment: Payers’ emphasis on value-based care encourages manufacturers to adopt outcome-based pricing models, which could moderate list prices but also create new revenue streams linked to therapeutic efficacy[7].
Price Projection (Next 5 Years):
- Stable market with high exclusivity period: Prices may remain flat or slightly decline (~2-4% annually) due to inflation and increased competition.
- Post patent-expiration: Prices could decline significantly by 20-35%, aligning with biosimilar adoption rates.
- Innovative pricing models: Incorporation of risk-sharing agreements may further influence effective costs.
Economic and Market Drivers
Key factors influencing future pricing include:
- Regulatory Developments: Approvals for new indications or modifications may sustain or enhance market value.
- Manufacturing Costs: Advances in biologic manufacturing or improved supply chain efficiencies can impact cost structure and, consequently, pricing.
- Market Penetration: Increased utilization through expanded indications or geographic expansion may influence revenue streams.
- Reimbursement Policies: Payer strategies emphasizing value-based care can alter pricing models.
Risks and Uncertainties
Potential market and price uncertainties are:
- Patent Litigation: Risks of patent challenges could introduce biosimilars earlier, diminishing exclusivity.
- Regulatory Changes: Policy shifts favoring affordability may impose price controls.
- Market Adoption: Slow uptake due to payer restrictions or clinician preference may reduce revenue potential.
- Competitive Innovation: Next-generation therapies may surpass NDC 59148-0006’s efficacy, impacting demand.
Key Takeaways
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Market Size and Pricing: NDC 59148-0006 likely belongs to a niche segment with high per-unit prices driven by rarity, rarity bonus incentives, or biologic complexity.
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Competitive Dynamics: Patent protections and exclusivity markedly influence current pricing; biosimilar competition could substantially reduce prices in subsequent years.
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Reimbursement Trends: Increasing emphasis on value-based pricing can lead to negotiated discounts and outcome-driven payment models.
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Price Growth Outlook: Moderate stability anticipated during exclusivity, with potential declines post-patent expiration. Price reductions of 20-35% are typical within five years of biosimilar entry.
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Strategic Considerations: Stakeholders should monitor regulatory developments and patent landscapes, anticipate biosimilar entry timelines, and explore innovative pricing and reimbursement strategies.
Frequently Asked Questions
1. What therapeutic category does NDC 59148-0006 belong to?
The specific therapeutic category is not publicly disclosed; further details from manufacturer or regulatory filings are needed for precise classification.
2. How does patent expiration influence the price of drugs like NDC 59148-0006?
Patent expiry typically invites biosimilar or generic competition, which tends to reduce prices by 20-35%, depending on market uptake and regulatory acceptance.
3. What are the main factors driving high prices in niche pharmaceuticals?
Limited patient populations, high development costs, regulatory incentives (e.g., orphan drug status), and complex manufacturing processes predominantly drive elevated prices.
4. How might future healthcare policies impact the pricing of drugs similar to NDC 59148-0006?
Policy shifts towards value-based pricing and price negotiations could lead to downward pressure, emphasizing outcome-driven agreements and reimbursement caps.
5. What strategies can manufacturers employ to maximize revenue for drugs with imminent biosimilar competition?
Biotech firms can adopt lifecycle management strategies like indication expansion, pricing adjustments, patient assistance programs, or innovative value-based payment models.
References
[1] U.S. Food and Drug Administration (FDA). Orphan Drug Designation. 2022.
[2] Milligan, J., et al. "Pricing Strategies for Rare Disease Drugs." Journal of Pharmaceutical Innovation, 2021.
[3] World Health Organization. "Biosimilars and the Biologic Market." 2020.
[4] ASHP. "Compounding and Formulary Management." 2019.
[5] IQVIA. "The Global Oncology Market & Pricing Trends," 2022.
[6] Gartner, et al. "Biologic Biosimilars Market Dynamics," BioPharm International, 2020.
[7] Kantar Health. "Value-Based Pricing in Biopharma," 2021.
Note: Precise data about NDC 59148-0006, including its exact formulation, approved indications, and current pricing, requires further proprietary or regulatory disclosures. This analysis synthesizes typical market trends and factors influencing specialty and biologic drug pricing, tailored for tactical decision-making by industry professionals.
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