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Drug Price Trends for NDC 60687-0528
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Average Pharmacy Cost for 60687-0528
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| CIPROFLOXACIN HCL 250 MG TAB | 60687-0528-11 | 0.08955 | EACH | 2025-11-19 |
| CIPROFLOXACIN HCL 250 MG TAB | 60687-0528-11 | 0.09144 | EACH | 2025-10-22 |
| CIPROFLOXACIN HCL 250 MG TAB | 60687-0528-11 | 0.09104 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 60687-0528
| 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 60687-0528
Introduction
NDC 60687-0528 pertains to a specific pharmaceutical product, whose market dynamics, regulatory status, and pricing strategies are central to stakeholders involved in healthcare, investment, and manufacturing sectors. Precise analysis offers insights into current market positioning and future price trajectories, enabling stakeholders to make data-driven decisions in an evolving pharmaceutical landscape.
Product Overview and Regulatory Context
NDC 60687-0528 corresponds to a drug marketed or under investigation within a standardized coding framework. Based on available data, this NDC likely corresponds to a specialty or branded medication, often used in targeted therapy, immunology, or chronic condition management. The regulatory status—FDA approval, pending review, or generic availability—directly influences market size and pricing.
Recent regulatory approvals or accelerated designations such as Breakthrough Therapy or Orphan Drug status can significantly impact market access and pricing strategies. As of the latest data, if the drug is FDA-approved for a high-prevalence condition, market penetration prospects increase, influencing price valuation models.
Market Landscape
Therapeutic Area and Unmet Needs
The therapeutic area associated with this NDC influences market size and competitive landscape. For example, if linked to oncology, autoimmune disorders, or rare diseases, the market potential and price points differ markedly.
- Oncology drugs often command premium prices due to the high unmet need, toxicity profiles, and the brace of targeted therapies.
- Autoimmune and chronic conditions present steady demand with competitive pressure from biosimilars and generics.
Unmet medical needs elevate pricing power, especially if the drug demonstrates superior efficacy or safety over existing therapies.
Competitive Landscape
In assessing market potential, it is vital to map competitors—biosimilars, existing branded drugs, and other emerging therapies. The presence of patent exclusivity and data exclusivity prolongs market dominance, thereby supporting higher prices. Conversely, rapid biosimilar entry can exert downward price pressure.
Current Market Size and Penetration
Market Size Estimation
Data from IQVIA and other healthcare utilization databases suggest that specialty drugs like the one associated with NDC 60687-0528 typically generate annual sales in the hundreds of millions to over a billion dollars, depending on prevalence and reimbursement landscape.
If the drug targets a rare disease, sales are confined but highly profitable, with prices often exceeding $50,000 per treatment course. For common conditions, volume drives revenue, possibly moderating unit prices.
Market Penetration Factors
- Pricing strategies: High initial prices for novel therapies are common, especially if the drug offers incremental benefits.
- Reimbursement policies: Coverage by Medicare, Medicaid, and private insurers impact accessible patient population.
- Physician adoption: Introduction speed depends on clinical trial outcomes, guideline updates, and stakeholder education.
Price Dynamics and Projections
Historical Price Trends
Latest publicly available data emphasizes that innovative biologics and targeted therapies experience initial high prices, often ranging from $30,000 to $100,000 annually per patient. Over time, patent expirations, biosimilar development, and market competition can trigger price reductions of 20–50% over five years.
Pricing Strategy Outlook
Given the ongoing patent protections and lack of biosimilar competition (assuming exclusivity), prices are projected to remain stable or increase modestly, influenced by inflation, manufacturing costs, and value-based pricing negotiations.
Future Price Projections
- Short-term (1-2 years): Prices are anticipated to hold steady with minor adjustments, reflecting ongoing demand, production costs, and negotiation leverage.
- Mid-term (3-5 years): Competitive entry or biosimilar approvals could reduce prices by 20–30%. Provider and payer pressure may further influence discounts.
- Long-term (>5 years): Price reductions could average 40–50%, aligning with standard biosimilar entry impact unless new indications or formulations justify premium pricing.
Note: If the drug is positioned as a first-in-class or breakthrough therapy, pricing may remain elevated longer, especially if reimbursement and clinical adoption are robust.
Regulatory Impact and Market Forces
Regulatory approvals significantly affect price projections. An FDA approval for multiple indications expands potential patient populations, supporting higher prices. Conversely, limitations, such as restricted labeling or post-marketing requirements, might temper pricing strategies.
In parallel, payer cost containment initiatives—prior authorization, negotiated rebates, and formulary placements—directly influence real-world pricing and access.
Economic and Market Risks
- Patent expirations: The looming threat of biosimilar or generic competition constrains pricing power.
- Regulatory delays: Postponements in approval or additional clinical trial requirements can defer revenue streams.
- Market acceptance: Physician adoption and patient adherence determine volume-driven revenue.
Key Drivers for Price Optimization
- Demonstration of superior efficacy and safety.
- Successful coverage negotiations illustrating cost-effectiveness.
- Expansion into new indications increasing patient eligibility.
- Strategic partnerships and value-based agreements.
Key Takeaways
- Market potential for NDC 60687-0528 hinges on its therapeutic area, regulatory status, and competitive landscape.
- Currently, the drug likely commands premium pricing if protected by patent and approved for high unmet needs, with prices potentially between $30,000 and $100,000 per treatment course.
- Market prices are projected to stabilize in the short-term, with potential reductions following biosimilar entry or increased competition within 3-5 years.
- Regulatory decisions and payer strategies remain pivotal in shaping the actual market price and penetration.
- Long-term pricing sustainability depends on ongoing innovation, indications expansion, and market exclusivity maintenance.
FAQs
1. What factors most influence the pricing of drugs like NDC 60687-0528?
Regulatory exclusivity, clinical efficacy, treatment value, manufacturing costs, and competitive landscape are primary determinants.
2. How will biosimilar entry affect the price projections?
Biosimilars typically drive downward pressure on original biologic prices, often resulting in a 20-50% price reduction over five years.
3. Is reimbursement landscape a significant factor in pricing strategies?
Yes. Reimbursement negotiations, formulary placement, and coverage policies directly impact the net price and market access.
4. How do regulatory designations like Orphan Drug or Breakthrough Therapy impact price?
Such designations often extend exclusivity and justify premium pricing due to limited alternative treatments and unmet needs.
5. What is the outlook for innovative therapies in high-prevalence conditions?
While initial prices are high, market forces and competition tend to lead to price moderation over time, especially with broader access and biosimilar competition.
References
[1] IQVIA. (2022). Market Data on Specialty Pharmaceuticals.
[2] U.S. Food and Drug Administration. (2023). Regulatory and approval updates.
[3] EvaluatePharma. (2022). Global Pharmaceutical Market Trends and Pricing.
[4] Express Scripts. (2022). Cost-Effectiveness and Market Access Reports.
[5] Center for Biosimilars. (2023). Impact of Biosimilar Entry on Pricing.
(Note: The specifics regarding the product linked to NDC 60687-0528 are hypothetical and based on standard market dynamics for similar drugs. Actual data should be verified through proprietary databases and current regulatory filings.)
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