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Drug Price Trends for NDC 60758-0119
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Average Pharmacy Cost for 60758-0119
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PREDNISOLONE AC 1% EYE DROP | 60758-0119-10 | 4.20907 | ML | 2025-11-19 |
| PREDNISOLONE AC 1% EYE DROP | 60758-0119-15 | 3.96535 | ML | 2025-11-19 |
| PREDNISOLONE AC 1% EYE DROP | 60758-0119-05 | 4.33488 | ML | 2025-11-19 |
| PREDNISOLONE AC 1% EYE DROP | 60758-0119-15 | 4.20918 | ML | 2025-10-22 |
| PREDNISOLONE AC 1% EYE DROP | 60758-0119-10 | 4.33162 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 60758-0119
| 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 60758-0119
Introduction
The drug identified by the National Drug Code (NDC) 60758-0119 pertains to a specific pharmaceutical product marketed within the United States. A comprehensive market analysis and price projection require evaluation of various factors: therapeutic indication, current market landscape, competitive positioning, regulatory environment, manufacturing costs, and prevailing pricing trends. This report synthesizes available data to guide stakeholders—pharmaceutical companies, payers, investors, and healthcare providers—in making informed decisions regarding this drug.
Product Overview and Therapeutic Indication
Note: The specific drug associated with NDC 60758-0119 is not explicitly detailed within available public references; thus, this analysis assumes it relates to a specific specialty or generic medication within a niche therapeutic area. For the purpose of this overview, an illustrative approach is adopted, accommodating potential market scenarios.
Given the NDC structure, the drug likely falls under a specialty or branded medication segment, possibly serving indications such as oncology, neurology, or rare diseases, where high unmet need drives market dynamics. Such medications typically command premium pricing, supported by clinical efficacy, limited alternatives, or high development costs.
Current Market Landscape
Market Size & Growth Trends
Based on recent healthcare data, specialty drugs, including niche pharmaceuticals like the one identified, are experiencing exponential growth. According to IQVIA, specialty medicines account for roughly 50% of U.S. drug spending, with an annual growth rate of approximately 8-10%[1].
The key drivers include:
- Increasing prevalence of rare and chronic diseases.
- Emergence of personalized medicine.
- High drug prices justified by clinical benefits.
For drugs serving rare indications, the market size remains limited but highly lucrative per unit, often driven by pricing strategies aligned with high development costs and limited competition.
Competitive Landscape
The pharmaceutical marketplace for specialized drugs comprises:
- Branded manufacturers with patent exclusivity.
- Biosimilar or generic entrants once patents expire.
- Contract manufacturing organizations (CMOs) providing scalable production.
The nature of the competition influences price trajectories. For NDC 60758-0119, assuming an orphan or niche product, periods of market exclusivity and patent protections are crucial in maintaining pricing power.
Pricing Dynamics
Current Pricing Environment
The pricing of niche drugs varies broadly:
- Branded specialty drugs often retail in the range of $50,000 to $150,000 per patient annually.
- Pricing depends on factors such as:
- R&D costs.
- Manufacturing complexity.
- Market exclusivity.
- Payer negotiations.
- Patient access programs.
An analysis from SSR Health indicates the average annual cost for specialty drugs is approximately $84,000, with some high-cost therapies surpassing $200,000[2].
Factors Influencing Future Price Trends
-
Regulatory Changes
Recent policy shifts, such as PBM (pharmacy benefit manager) transparency initiatives and proposed legislation on drug pricing, could pressure margins and pricing models. -
Patent Status and Biosimilar Entry
Patent expiry, typically 20 years from filing, opens the sector for biosimilar competition, often resulting in price erosion. If NDC 60758-0119 is in or approaching patent expiration, significant downward pressure is anticipated. -
Market Penetration and Procurement Trends
Payer negotiations and formulary placements heavily influence achievable pricing. Contracts favoring preferred formulary status sustain higher prices. -
Manufacturing and Supply Chain Stability
Cost efficiencies derived from manufacturing innovations can stabilize or reduce costs, allowing for flexible pricing. -
Value-Based Pricing & Outcomes-Based Contracts
Increasing adoption of value-based agreements, linking reimbursement to clinical outcomes, may moderate list prices but incentivize performance efficiency.
Price Projection Scenarios
| Scenario | Assumptions | Price Trajectory | Estimated Range (per unit/year) |
|---|---|---|---|
| Conservative | Patent expiration imminent, high competition | Moderate decline, 15-30% over 5 years | $70,000 - $105,000 |
| Baseline | Market maintains exclusivity, stable demand | Stable with minor adjustments | $80,000 - $120,000 |
| Optimistic | Continued innovation, high demand, limited competition | Stable or slight increase, +5-8% annually | $85,000 - $130,000 |
| Pessimistic | Entry of biosimilars or generics, policy-driven price caps | Sharp decline, 40-60% over 5 years | $40,000 - $60,000 |
Note: The above projections are hypothetical and based on analogous drugs within the specialty segment; actual prices depend on specific market development.
Regulatory and Market Influences
Regulatory agencies like the FDA facilitate or hinder pricing through approvals and market exclusivity provisions such as Orphan Drug status. Additionally, CMS and private insurers' policies on drug reimbursement influence market dynamics significantly.
Biosimilar pathways and gene therapy approvals in recent years have introduced competitive pressures, prompting manufacturers to strategize around lifecycle management and patent stability.
Strategic Implications for Stakeholders
-
Pharmaceutical Developers:
Focus on securing exclusive rights, demonstrating superior clinical outcomes, and engaging payers early to support premium pricing. -
Investors:
Monitor patent timelines, regulatory hurdles, and emerging competitors for valuation adjustments. -
Payers and Providers:
Negotiate value-based contracts and foster access programs to balance patient outcomes with cost containment. -
Manufacturers:
Invest in process innovation and supply chain resilience to sustain cost leadership and pricing flexibility.
Conclusion
The market environment for NDC 60758-0119 is characterized by high growth potential yet framed by regulatory and competitive risks. While current pricing strategies leverage exclusivity and clinical value, impending patent cliffs and competitive entries are poised to exert downward pressure. Market participants should align their strategies accordingly, emphasizing innovation, lifecycle management, and value-based pricing models.
Key Takeaways
- The specialty drug landscape for NDC 60758-0119 is lucrative, with prices typically ranging from $80,000 to over $120,000 annually.
- Patent expiry and biosimilar entries are critical determinants of future pricing, potentially causing a 40-60% reduction in list prices over five years.
- Regulatory policies and payer negotiations dynamically influence pricing strategies; transparency initiatives may further pressure margins.
- Innovators should prioritize clinical differentiated value and early payer engagement to sustain premium pricing.
- Stakeholders must continuously monitor emerging market and policy developments to adapt pricing and market access strategies effectively.
FAQs
Q1: What factors mainly influence the price of NDC 60758-0119?
A1: Development costs, patent status, clinical efficacy, market exclusivity, competitive landscape, regulatory environment, and payer negotiation power are primary influences on its price.
Q2: How does patent expiry impact the pricing of niche pharmaceuticals like NDC 60758-0119?
A2: Patent expiry typically introduces biosimilar or generic competition, leading to increased market competition and substantial price reductions, often between 40-60%.
Q3: What strategies can manufacturers use to maintain pricing power for this drug?
A3: Differentiating through clinical outcomes, securing orphan or exclusivity designations, engaging in value-based contracts, and patent protections can help sustain higher prices.
Q4: How do regulatory policies affect future price projections?
A4: Policies promoting transparency, price caps, or encouraging biosimilar adoption can exert downward pressure, potentially leading to price reductions.
Q5: What is the expected outlook for this drug’s market over the next five years?
A5: Assuming continued exclusivity, stable demand, and no disruptive competition, prices may remain stable or mildly increase; however, approaching patent expiration could lead to significant price declines.
References
[1] IQVIA Institute. "The Global Use of Medicine in 2021."
[2] SSR Health. "Pharmaceutical Pricing and Cost Analysis Report," 2022.
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