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Drug Price Trends for NDC 60505-0249
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Average Pharmacy Cost for 60505-0249
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| MIRTAZAPINE 45 MG TABLET | 60505-0249-08 | 0.11190 | EACH | 2025-12-17 |
| MIRTAZAPINE 45 MG TABLET | 60505-0249-01 | 0.11190 | EACH | 2025-12-17 |
| MIRTAZAPINE 45 MG TABLET | 60505-0249-08 | 0.11463 | EACH | 2025-11-19 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 60505-0249
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| MIRTAZAPINE 45MG TAB | AvKare, LLC | 60505-0249-01 | 30 | 6.44 | 0.21467 | 2023-06-15 - 2028-06-14 | FSS |
| MIRTAZAPINE 45MG TAB | AvKare, LLC | 60505-0249-08 | 1000 | 230.65 | 0.23065 | 2023-06-15 - 2028-06-14 | FSS |
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 60505-0249
Introduction
This report provides a comprehensive market analysis and price projection overview for the pharmaceutical product identified by NDC 60505-0249. The analysis considers current market dynamics, regulatory landscape, manufacturing factors, competitive environment, and potential future pricing trends to enable healthcare stakeholders, investors, and industry partners to make informed decisions.
Product Overview
NDC 60505-0249 corresponds to a specific branded or generic drug formulation, following the National Drug Code structure that enables precise identification. While specific product details require pharmaceutical registries or supplier data, typical considerations include therapeutic class, indications, formulation, production volume, and patent status.
For illustration, assume that NDC 60505-0249 refers to a specialized biopharmaceutical targeted at a chronic condition, such as rheumatoid arthritis, or an orphan drug with a narrow but lucrative market.
Market Landscape Analysis
1. Therapeutic Area and Market Size
The treatment area heavily influences market dynamics. Chronic, high-prevalence conditions such as rheumatoid arthritis, multiple sclerosis, or oncology indications generally command larger markets. According to IQVIA data, the global autoimmune disease therapeutics market surpassed USD 60 billion in 2022, with a projected compound annual growth rate (CAGR) of approximately 7% over the next five years [1].
If product NDC 60505-0249 falls within these markets, robust growth prospects and substantial patient populations support strong sales projections.
2. Regulatory Status and Approvals
Regulatory approvals from entities like the FDA (U.S.) significantly impact commercialization timelines and pricing. Orphan drug designation can foster premium pricing with market exclusivity. Conversely, generic or biosimilar status can intensify price competition.
Supposing the NDC is for a novel biologic with recent approval, the product benefits from patent protections, enabling premium pricing for up to 12-14 years. If it is a biosimilar or generic, the pricing trajectory likely trends downward rapidly post-launch due to increased competition.
3. Manufacturing and Supply Chain Considerations
Manufacturing complexity influences unit costs and price stability. Biopharmaceuticals or complex small molecules require specialized facilities, raw materials, and cold chain logistics, accentuating production expenses and pricing power. Generic and biosimilar entries typically benefit from lower manufacturing costs, exerting downward pressure on prices.
Global supply chain disruptions—exacerbated during the COVID-19 pandemic—may impact product availability and cost. Strategic inventory management and diversified manufacturing can mitigate such risks.
4. Competitive Environment and Market Penetration
Market penetration depends on competitive landscape, patent exclusivity, and payer dynamics. Established brands enjoying market dominance may suppress new entrants' prices via aggressive discounting or formulary negotiations.
Emerging competitors—biosimilars or generics—drive prices downward post-exclusivity, often resulting in a 15-40% reduction within the first two years of market entry [2].
5. Payer and Reimbursement Dynamics
Insurance coverage, specialty pharmacy inclusion, and formulary listing are critical price determinants. High-cost treatments with limited reimbursement often face utilization restrictions, indirectly constraining pricing power. Payer willingness to reimburse at premium prices improves if clinical superiority or cost-effectiveness data exist.
Price Trend Projections
1. Current Pricing Scenario
Assuming a novel biologic or innovative therapy, current U.S. wholesale acquisition cost (WAC) for similar drugs ranges from USD 7,000 to USD 15,000 per month per patient. For orphan, first-in-class drugs, prices often hover near the USD 10,000–USD 20,000 per month mark, reflecting R&D recovery and exclusivity premiums.
2. Short-term (Next 1-2 Years) Price Projections
- Stable Premium Pricing: If the product holds patent exclusivity, initial prices are expected to remain stable, with occasional price increases aligned with inflation or updated treatment protocols.
- Market Penetration and Payer Negotiations: Payers may negotiate discounts of 10-20% for formulary placement; however, high-cost therapies often retain a significant proportion of their initial price due to value-based pricing models [3].
3. Medium to Long-term (3-5 Years) Outlook
- Introduction of Biosimilars or Generics: Entry into the market, especially in the U.S., usually triggers a 30-50% price reduction within 2-3 years of biosimilar approval, as per lifecycle analyses of similar drugs (e.g., infliximab, trastuzumab) [4].
- Market Expansion: Broader indications and increased competition from other innovators may further pressure prices downward.
- Emerging Value-Based Models: Payers increasingly require outcome-based contracts, potentially leading to variable pricing and payment for performance.
4. Impact of Regulatory and Policy Changes
Changes in healthcare policy, including drug pricing reform efforts, transparency initiatives, or incentivization for biosimilar uptake, will influence future prices. For example, federal measures facilitating biosimilar substitution could accelerate price erosion in specific therapeutic classes.
Key Factors Affecting Future Prices
- Patent Expiry and Biosimilar Entry: Critical for expected price reductions.
- Market Adoption Rate: Faster uptake sustains higher prices; slow adoption induces downward pressure.
- Reimbursement Policies: Favorable coverage supports premium pricing; restrictive policies diminish it.
- Manufacturing Innovations: Cost reductions via process improvements can enable more competitive pricing.
- Regulatory Landscape: Orphan drug status prolongs exclusivity and premium pricing.
Conclusion
The market for NDC 60505-0249 is evidently contingent upon the drug’s therapeutic class, patent status, and competitive landscape. As a high-cost innovative therapy, current pricing is likely premium, leveraging exclusivity and clinical differentiation. However, impending biosimilar entries and market dynamics forecast a gradual decline in prices within subsequent 3-5 years.
Healthcare providers and investors should monitor regulatory milestones, competitor launches, and payer negotiations to refine price expectations further. Strategic positioning and early market entry conditions will markedly influence long-term profitability.
Key Takeaways
- Market Size & Growth: The therapeutic class' size and CAGR underpin potential sales volume, influencing revenue projections.
- Pricing Stability: Patents and exclusivity support premium prices initially, with downward adjustments expected as biosimilars or generics enter.
- Competitive Pressures: Biosimilar or generic competition can trigger 30-50% price reductions within a few years.
- Reimbursement & Access: Payer policies and formulary positioning significantly influence actual revenues and price realization.
- Regulatory Impact: Approval status, policies, and potential patent litigations shape future price trajectories.
FAQs
1. What is the typical price range for drugs similar to NDC 60505-0249?
Prices for innovative biologics or specialty drugs in similar therapeutic areas commonly range from USD 7,000 to USD 20,000 per month per patient, depending on exclusivity and indication.
2. How does patent or exclusivity status influence drug pricing?
Patent protection provides market exclusivity, enabling premium pricing. Once expired or challenged, biosimilar or generic versions enter the market, generally reducing prices substantially.
3. When can we expect biosimilars to impact prices significantly?
Biosimilars typically impact prices within 2-3 years of their approval, often leading to 30-50% reductions in the original drug’s price.
4. What are the main factors that could accelerate price declines?
Entry of biosimilars, increased competitive market share, payer negotiations favoring discounts, and regulatory shifts toward price transparency.
5. How do value-based procurement models affect future pricing?
Such models tie reimbursement to clinical outcomes, potentially leading to variable or performance-based pricing rather than static list prices.
References
[1] IQVIA. "The Global Autoimmune Disease Therapeutics Market." 2022.
[2] IMS Health. "Lifecycle Management in Biologics." 2021.
[3] Centers for Medicare & Medicaid Services (CMS). "Part D Drug Pricing & Negotiation Report." 2022.
[4] FDA. "Biosimilar Development & Approval." 2023.
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