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Last Updated: February 7, 2025

Drug Price Trends for NDC 60505-0823


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Best Wholesale Price for NDC 60505-0823

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Dates Price Type
CALCITONIN,SALMON 200UNT/ACTUAT SOLN,NASAL,SP Golden State Medical Supply, Inc. 60505-0823-06 3.7ML 46.10 12.45946 2023-06-15 - 2028-06-14 FSS
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

Market Analysis and Price Projections for Calcitonin Salmon Nasal Spray (NDC: 60505-0823)

Introduction

Calcitonin Salmon Nasal Spray, with the NDC code 60505-0823, is a prescription drug used primarily for the treatment of postmenopausal osteoporosis in women. Here, we will delve into the market analysis and price projections for this medication.

Market Overview

The pharmaceutical market, particularly for osteoporosis treatments, is influenced by several factors including regulatory policies, competition, and patient demand.

Competitive Landscape

The market for osteoporosis treatments is competitive, with various drugs available, including bisphosphonates, selective estrogen receptor modulators (SERMs), and parathyroid agents like calcitonin salmon. Key players in the osteoporosis treatment market include pharmaceutical companies such as Apotex Corp., which manufactures the Calcitonin Salmon Nasal Spray[1][4].

Market Drivers

Several factors drive the demand for calcitonin salmon nasal spray:

High Cost of Prescription Drugs

The high cost of prescription drugs is a significant driver for patients seeking alternative or more affordable treatments. This trend is evident in the shift towards over-the-counter (OTC) drugs, but it also affects the demand for prescription drugs like calcitonin salmon nasal spray, as patients and healthcare providers seek cost-effective options[3].

Regulatory Approvals and Compliance

The drug has been approved for use since 1975 and is available through an Abbreviated New Drug Application (ANDA). Regulatory compliance and the absence of major safety concerns contribute to its market stability[1].

Market Restraints

Despite its established presence, there are several restraints affecting the market for calcitonin salmon nasal spray:

Safety Concerns and Adverse Reactions

A meta-analysis of clinical trials indicated a higher incidence of malignancies in patients treated with calcitonin salmon compared to placebo-treated patients. This, along with other adverse reactions such as allergic reactions and hypocalcemia, can impact patient and prescriber confidence in the drug[1].

Stringent Regulatory Policies

Stringent regulatory policies, similar to those affecting the OTC drug market, can also impact the prescription drug market. These policies can delay approvals, increase development costs, and affect pricing strategies[3].

Price Projections

Current Pricing

The pricing of calcitonin salmon nasal spray is influenced by various factors including production costs, regulatory requirements, and market competition. As of recent reports, there is no specific data on the current wholesale acquisition cost (WAC) for this particular NDC, but it is generally subject to the broader trends in prescription drug pricing.

Trends in Prescription Drug Pricing

The prescription drug market is characterized by significant price increases. For instance, the median price increase for generic drugs was 19.9% in 2022, while brand name drugs saw a median increase of 13.4%[2].

Projected Price Changes

Given the overall trend of increasing prescription drug prices, it is likely that the price of calcitonin salmon nasal spray will also rise. However, the extent of this increase will depend on various factors such as production costs, regulatory changes, and competitive pressures.

Distribution and Supply Chain

Supply Chain Dynamics

The distribution and supply chain for prescription drugs like calcitonin salmon nasal spray involve multiple entities including manufacturers, wholesalers, pharmacy benefit managers (PBMs), and pharmacies. Each entity plays a role in determining the final cost to the consumer[2].

Bulk Purchasing and Transparency

Efforts to increase transparency and leverage bulk purchasing power, such as those initiated by states like Oregon, could potentially impact the pricing of prescription drugs. However, the effectiveness of these measures in reducing costs remains to be seen[2].

Consumer Impact

Patient Affordability

The high cost of prescription drugs, including calcitonin salmon nasal spray, can significantly impact patient affordability. Studies have shown that many patients do not take their medications as prescribed due to cost concerns, which can lead to poorer health outcomes[3].

Key Takeaways

  • Market Drivers: High cost of prescription drugs and regulatory approvals drive demand.
  • Market Restraints: Safety concerns, adverse reactions, and stringent regulatory policies.
  • Price Projections: Likely to increase due to broader trends in prescription drug pricing.
  • Distribution and Supply Chain: Multiple entities influence final cost to consumers.
  • Consumer Impact: High costs affect patient affordability and adherence to treatment.

Frequently Asked Questions

1. What is the primary use of Calcitonin Salmon Nasal Spray?

Calcitonin Salmon Nasal Spray is primarily used for the treatment of postmenopausal osteoporosis in women.

2. What are the potential safety concerns associated with Calcitonin Salmon Nasal Spray?

The drug has been associated with a higher incidence of malignancies and other adverse reactions such as allergic reactions and hypocalcemia.

3. How does the high cost of prescription drugs impact the market for Calcitonin Salmon Nasal Spray?

The high cost of prescription drugs drives patients to seek more affordable alternatives, which can affect demand for calcitonin salmon nasal spray.

4. What regulatory policies affect the pricing of Calcitonin Salmon Nasal Spray?

Stringent regulatory policies and transparency measures can impact the pricing and availability of the drug.

5. How does the distribution and supply chain influence the final cost of Calcitonin Salmon Nasal Spray to consumers?

The final cost is influenced by multiple entities including manufacturers, wholesalers, PBMs, and pharmacies, each adding to the cost through various markups and fees.

Sources

  1. DailyMed: CALCITONIN SALMON spray, metered - DailyMed.
  2. Oregon Department of Consumer and Business Services: Prescription Drug Price Transparency Results and Recommendations - 2022.
  3. GlobeNewswire: U.S. OTC Drugs Market Forecast Report 2024-2029.
  4. Apotex: Calcitonin-Salmon Nasal Spray.

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