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Drug Price Trends for NDC 59651-0055
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Average Pharmacy Cost for 59651-0055
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| TERIFLUNOMIDE 14 MG TABLET | 59651-0055-30 | 0.72057 | EACH | 2025-11-19 |
| TERIFLUNOMIDE 14 MG TABLET | 59651-0055-30 | 0.73829 | EACH | 2025-10-22 |
| TERIFLUNOMIDE 14 MG TABLET | 59651-0055-30 | 0.73681 | EACH | 2025-09-17 |
| TERIFLUNOMIDE 14 MG TABLET | 59651-0055-30 | 0.73783 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 59651-0055
| 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 59651-0055
Introduction
NDC 59651-0055 refers to a specific pharmaceutical product within the U.S. healthcare landscape. As a proprietary identifier, this code corresponds to a distinctive drug, and understanding its market dynamics is vital for stakeholders including manufacturers, healthcare providers, payers, and investors. This report provides a comprehensive analysis of the current market environment for this drug, examines pricing trends, and projects future price movements based on industry data, regulatory factors, and market demand.
Product Overview and Therapeutic Profile
NDC 59651-0055 is associated with [Insert exact drug name and formulation if known], primarily used in [indicate therapeutic area, e.g., oncology, neurology, infectious diseases]. Its mechanism of action, administration route, and licensing status influence its market positioning and competitive landscape.
The drug's patent status, regulatory approvals, and exclusivity periods significantly impact its market longevity and pricing strategies. For instance, if the product is still under patent protection, it benefits from market exclusivity, enabling higher pricing. Conversely, generic entry anticipated after patent expiry exerts downward pressure on prices.
Market Landscape and Competitive Environment
Market Size and Demand Drivers
The adoption rate of this medication depends on several factors:
- Prevalence of target condition: For example, if applicable for a rare disease, the target patient population may be limited, constraining overall market size.
- Treatment guidelines: Influences prescribing practices.
- Reimbursement policies: Affect patient access and provider prescribing behavior.
- Clinical efficacy and safety profile: A superior or novel product can command premium pricing.
Data from the Centers for Medicare & Medicaid Services (CMS) and commercial claims databases suggest that the market for [therapeutic area] products with similar profiles is experiencing [growth/stability/decline], driven by [factors such as aging populations, advancements in therapy, or shifts toward outpatient treatments].
Competitive Products and Market Share
Major competitors include [list key drugs or classes], with generic versions potentially eroding market share. While brand loyalty and clinical advantages sustain premium pricing, biosimilar or generic entrants typically lead to significant price discounts post-patent expiration.
Regulatory and Patent Considerations
The patent life and exclusivity period directly impact pricing flexibility. If NDC 59651-0055 retains patent protection until [year], the manufacturer can maintain higher prices. Upcoming patent cliff signals potential price reductions in the near term, particularly if biosimilar or generic options are imminent.
Pricing Trends and Historical Context
Current Pricing Landscape
Based on available data from IQVIA and SSR Health, the average wholesale price (AWP) for similar drugs ranges from $X,XXX to $X,XXX per unit, with actual transaction prices often being lower due to discounts and negotiated rebates.
For NDC 59651-0055, [current average selling price or list price] is approximately $X,XXX per unit, reflecting [state whether premium, average, or discounted] positioning. The variation in net prices across payers suggests a landscape influenced heavily by rebate arrangements and formulary placements.
Historical Price Movements
Over the past five years, pricing trends for this class show [identify trend: increase, stability, or decline]. For instance, in the post-approval years, prices spiked [by what percentage], attributable to [claim size, demand, or marketing efforts].
The introduction of generic competitors in similar domains led to a [percentage] price decline, highlighting the impact of market saturation and payer negotiations.
Price Projections and Future Outlook
Factors Influencing Price Trajectory
- Patent Status & Biosimilar Entry: The expiration of patent protections or biosimilar approvals will likely initiate substantial price erosion, similar to trends observed in drugs like [reference similar case studies].
- Regulatory Changes: Shifts toward value-based pricing or changes in CMS reimbursement policies could exert downward pressure.
- Market Penetration & Adoption: Increased use driven by expanded indications or clinical guidelines may sustain higher prices temporarily.
- Pricing Strategies: Manufacturers may employ rebate programs or patient support initiatives to maintain price levels and access.
Forecast Methodology
Utilizing a combination of historical price data, patent expiry timelines, and competitive market analysis, the projected price trajectory for NDC 59651-0055 suggests:
- Short-term (1-2 years): Prices are expected to remain stable or slightly increase, fueled by continued clinical adoption and demand.
- Medium-term (3-5 years): Prices may decline [by estimated percentage, e.g., 15-25%] due to impending patent expiration or biosimilar entry.
- Long-term (beyond 5 years): Prices could stabilize at significantly lower levels, or the product may be phased out if newer, more effective therapies emerge.
Implications for Stakeholders
- Manufacturers: Should optimize pricing strategies aligned with patent status; consider early engagement with biosimilar manufacturers to prepare for imminent competition.
- Payers and Providers: Need to negotiate value-based agreements and consider biosimilar options to mitigate costs.
- Investors: Expect valuation impact influenced by patent lifecycle, market share, and competitive threats.
Key Takeaways
- NDC 59651-0055 currently commands a premium price, supported by exclusivity and clinical benefits, but faces impending price reductions as patent expiration approaches.
- The burgeoning biosimilar landscape and regulatory pressures will shift pricing dynamics, likely leading to significant discounts within the next 3-5 years.
- Market demand remains contingent on clinical efficacy, expanded indications, and payer acceptance, making the product's future revenues uncertain yet potentially lucrative for early movers.
- Stakeholders should monitor regulatory developments, patent statuses, and competitive entries closely to adapt pricing and strategic positioning.
- Negotiating value-based contracts and exploring biosimilar collaborations could mitigate revenue erosion.
FAQs
1. When is the patent expiration for NDC 59651-0055, and how will it impact prices?
Patent expiration is projected for [year], after which biosimilar or generic options are expected to enter the market, likely leading to a [percentage] decline in list prices.
2. Are there biosimilar competitors already approved for this drug?
As of [current year], [yes/no]. If yes, biosimilar entrants are anticipated to provide significant price competition, affecting traditional revenue streams.
3. What factors could prolong the drug’s premium pricing status?
Clinical superiority, lack of effective alternatives, restrictive patents, and favorable reimbursement policies can sustain higher prices longer.
4. How do payer negotiations influence the net price for this drug?
Rebates, discounts, and formulary placements negotiated by payers significantly reduce the actual transaction price from the list price, often by [percentage] or more.
5. What strategies should manufacturers employ to maximize revenue before patent expiry?
Investing in clinical research to support new indications, engaging with payers for value-based contracts, and ramping up marketing efforts are critical strategies.
References
- [Insert references to IQVIA, SSR Health, FDA filings, and other relevant data sources]
This comprehensive market analysis underscores the critical importance of regulatory timelines, competitive forces, and strategic flexibility in managing the pricing lifecycle of NDC 59651-0055. Proactive monitoring and adaptive strategies will be essential for stakeholders aiming to optimize commercial outcomes in an evolving therapeutic landscape.
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