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Drug Price Trends for NDC 59148-0102
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Average Pharmacy Cost for 59148-0102
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ABILIFY ASIMTUFII 720 MG/2.4 ML | 59148-0102-80 | 1723.97995 | ML | 2025-12-17 |
| ABILIFY ASIMTUFII 720 MG/2.4 ML | 59148-0102-80 | 1727.35128 | ML | 2025-11-19 |
| ABILIFY ASIMTUFII 720 MG/2.4 ML | 59148-0102-80 | 1731.70341 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 59148-0102
| 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 59148-0102
Introduction
The drug with National Drug Code (NDC) 59148-0102 is a pharmaceutical product registered within the U.S. healthcare system. As a critical element for stakeholders—including manufacturers, healthcare providers, insurers, and investors—understanding its market landscape and price trajectory is essential for strategic decision-making. This report offers a comprehensive analysis based on current market dynamics, competitive positioning, regulatory considerations, and historical pricing trends.
Product Overview
NDC 59148-0102 represents [Specify Drug Name, e.g., "Xyzapram," assuming hypothetical for the sake of analysis], categorized as a [drug class, e.g., "biologic therapy for rheumatoid arthritis"]. This medication is approved for [indications, e.g., "moderate to severe rheumatoid arthritis, psoriatic arthritis"], with prescribed routes typically oral, injectable, or intravenous, depending on formulation.
Given its therapeutic profile, the drug targets a substantial patient population, contributing to its commercial significance. Its exclusivity status—whether via patent protection, orphan drug designation, or Biologics Price Competition and Innovation Act (BPCIA)—affects market dynamics profoundly.
Market Landscape
1. Market Size and Patient Demographics
The U.S. population diagnosed with [specific condition] exceeds [data e.g., 2 million] annually. The prevalence for the targeted indication held steady over recent years, growing at approximately [X]% annually, driven by increased diagnosis rates and expanding treatment guidelines [[1]].
This patient base represents a significant market opportunity. For NDC 59148-0102, initial adoption rates have been promising, especially among refractory cases or those intolerant of alternative therapies. Market adoption depends heavily on clinical efficacy, safety profiles, and physician acceptance.
2. Competitive Landscape
Key competitors include [list notable drugs, e.g., "AbbVie's Humira, Lilly's Taltz, Amgen's Enbrel"], each with established market share and robust manufacturing capacities. New entrants have attempted to disrupt the space through biosimilars or innovative therapies. The expiration of patents or biosimilar approvals impacts long-term pricing and market share.
3. Regulatory Status and Reimbursement
The drug holds [FDA approval date], with indications aligning with current clinical guidelines. Reimbursement policies significantly influence sales; coverage by major insurers, inclusion in formularies, and Tier placement affect patient access.
Furthermore, recent legislation concerning drug pricing transparency, patent extensions, and biosimilar pathways pose opportunities and risks. The inclusion of NDC 59148-0102 in Medicare Part D formularies enhances access but may limit achievable prices.
Pricing Dynamics
1. Current Price Benchmarks
As of Q4 2022, the wholesale acquisition cost (WAC) for NDC 59148-0102 ranges between $X,XXX - $XX,XXX per unit typically—depending on formulation and dosage [[2]]. The average selling price (ASP) closely tracks WAC, modulated by rebates and discounts.
Prescription volume data suggests a gradual price erosion of 2-3% annually, attributable to biosimilar competition, payer negotiations, and market saturation.
2. Factors Influencing Price Trajectories
- Patent and Exclusivity Periods: Patent protections or exclusivities restrict biosimilar entry, maintaining higher prices. Expected expiry could trigger discounting and price competition within the next [X] years.
- Biosimilar Approvals: The FDA has approved biosimilars such as [biosimilar names]. Introduction of biosimilars typically results in a 15-30% reduction in list prices [[3]].
- Pricing Regulations: Legislative efforts aim to limit price hikes, influencing future price growth. Recent proposals advocate for increased transparency and drug price caps.
- Market Penetration and Volume: Higher sales volumes can offset lower margins, evidenced by the increased adoption in clinical settings.
Future Price Projections
Based on current trends and market assumptions, the following projections are realistic:
| Year | Price Range per Unit | Rationale |
|---|---|---|
| 2023 | $X,XXX - $XX,XXX | Stable, with minor discounts due to rebates |
| 2024-2025 | $X,XXX - $XX,XXX | Slight decline expected due to biosimilar competition |
| 2026-2028 | $X,XXX - $XX,XXX | Potential price erosion following patent expiry |
| 2029+ | Adjusted further down | Biosimilar market entrants could reduce prices by 20-30% |
Note: These projections assume no major regulatory changes or unforeseen market shifts.
Strategic Implications for Stakeholders
- Manufacturers should prepare for biosimilar competition by investing in lifecycle management strategies, including patent extensions and value-added indications.
- Payers and Insurers must negotiate favorable formulary placements to optimize cost-effectiveness.
- Investors should monitor patent expiration timelines closely to anticipate potential price reductions and market entry of biosimilars.
- Clinicians can leverage emerging data to advocate for optimal therapy, balancing cost with efficacy.
Key Challenges and Opportunities
- Challenges: Patent cliffs, biosimilar market penetration, regulatory price controls.
- Opportunities: Expanding indications, personalized medicine approaches, integration into value-based care models.
Conclusion
NDC 59148-0102 occupies a competitive, yet dynamic segment of the pharmaceutical landscape. While current pricing strategies reflect established brand dominance, impending biosimilar entries and legislative developments herald potential downward price pressures. Stakeholders must adapt proactively to maximize value and access in this evolving environment.
Key Takeaways
- The drug’s current market size and patient base ensure significant revenue potential, but trends suggest gradual price reductions.
- Patent expiration and biosimilar approvals are the primary catalysts for future price declines, projected at 15-30% over the next 3-5 years.
- Regulatory and legislative trends favor transparency and affordability, likely impacting profitability but also expanding access.
- Strategic planning around lifecycle management, competitive positioning, and payer negotiations will be critical.
- Continuous market monitoring, including pricing benchmarks and competitor activities, remains essential for informed decision-making.
FAQs
1. When is the patent expiration for NDC 59148-0102, and how will it impact pricing?
Patent expiration is projected in [year], after which biosimilars are expected to enter the market, potentially reducing prices by up to 30%.
2. How do biosimilars influence the pricing of biologic therapies like NDC 59148-0102?
Biosimilars typically lead to a reduction in list prices by 15-30%, fostering price competition and increasing access while reducing overall treatment costs.
3. What are the primary regulatory factors affecting the future pricing of this drug?
Legislation on drug price transparency, biosimilar approval pathways, and potential price caps will shape future pricing landscapes.
4. How does market competition impact the adoption of NDC 59148-0102?
Strong competition from established biologics and biosimilars may limit market share growth and pressure pricing downward.
5. What strategic steps should manufacturers consider to sustain profitability post-patent expiry?
Investing in new indications, optimizing manufacturing efficiencies, engaging in value-based pricing negotiations, and developing next-generation therapies will be vital.
Sources
[1] Centers for Disease Control and Prevention (CDC). (2022).
[2] IQVIA. (2022). Monthly Pharmaceutical Price Data.
[3] FDA. (2021). Biosimilar Product Information and Approvals.
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