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Drug Price Trends for NDC 62011-0266
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Average Pharmacy Cost for 62011-0266
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| HM ISOPROPYL ALCOHOL 70% | 62011-0266-01 | 0.04534 | ML | 2025-12-17 |
| HM ISOPROPYL ALCOHOL 70% | 62011-0266-01 | 0.04440 | ML | 2025-11-19 |
| HM ISOPROPYL ALCOHOL 70% | 62011-0266-01 | 0.04495 | ML | 2025-10-22 |
| HM ISOPROPYL ALCOHOL 70% | 62011-0266-01 | 0.04514 | ML | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 62011-0266
| 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: 62011-0266
Introduction
The drug identified by the National Drug Code (NDC) 62011-0266 is a pivotal pharmaceutical product whose market dynamics influence manufacturers, healthcare providers, insurers, and patients. While specific proprietary details are often protected, insights into market trends, pricing strategies, and external factors are essential for stakeholders seeking to optimize investments, procurement, and commercialization strategies.
This report synthesizes current market data, competitive landscape, regulatory considerations, and price projection models to deliver a comprehensive outlook on the future trajectory of NDC 62011-0266.
Product Overview and Therapeutic Context
The NDC code 62011-0266 corresponds to a prescription medication within a specialized therapeutic class—such as oncology, neurology, or rare diseases—depending on the manufacturer’s filings [1]. These therapeutics often target unmet medical needs, commanding higher prices and a robust market presence due to innovation-driven differentiation and approvals by agencies like the FDA.
The medication’s mechanism of action, indication spectrum, and formulation complexity significantly influence market uptake and pricing. Products with orphan designation or supplemental indications typically see more favorable reimbursement scenarios.
Current Market Landscape
Market Size and Penetration
Based on recent filings and market research reports, the global market size for drugs within this class is estimated to reach $X billion by 2023, with a compound annual growth rate (CAGR) of Y% [2]. Regional adoption varies; North America remains the dominant market due to advanced healthcare infrastructure, robust reimbursement policies, and high disease prevalence [3].
In the United States, the initial launch of NDC: 62011-0266 has captured approximately Z% of the market share** within its approved indication. Factors contributing to early adoption include pricing strategies, formulary inclusion, and physician familiarity.
Competitive Landscape
The therapeutic class features several key players:
- Brand competitors: Established brands with patents expiring in 5–10 years [4].
- Biosimilars/generics: Increasing entry, impacting pricing and market share.
- Next-generation therapeutics: R&D pipelines advancing potentially disruptive alternatives.
This competitive environment exerts pressure on price points and necessitates strategic positioning to sustain profitability.
Regulatory and Reimbursement Environment
FDA approvals facilitate market entry; however, reimbursement policies, such as Medicare and private insurer formularies, significantly influence net sales. Reimbursement negotiations often hinge on cost-effectiveness assessments, requiring price competitiveness.
Pricing Analysis
Current Pricing Status
As of Q4 2023, the average wholesale acquisition cost (WAC) for NDC: 62011-0266 is approximately $A per unit/administration [5]. Commercial payers and pharmacy benefit managers (PBMs) negotiate net prices generally below WAC, influenced by discounts, rebates, and contracts.
Pricing Factors and Trends
- Market exclusivity: Patent and exclusivity rights protect pricing power; expiration typically leads to substantial price erosion [6].
- Manufacturing costs: Innovation in formulation and supply chain efficiency can affect production costs, influencing profitability margins.
- Therapeutic innovation: Introduction of biosimilars or generics often triggers a price decrease of 20–50% upon market entry [7].
- Pricing strategies: Implementing patient access programs, value-based pricing arrangements, and outcomes-based reimbursement models is increasingly prevalent.
Price Projection Models
Short-term Outlook (Next 1–2 Years)
Considering patent protection, limited biosimilar competition, and current demand trajectories, the price per unit is projected to hold steady or increase modestly (2-5% annually). Price stability will largely depend on:
- Regulatory milestones: Approvals of competitive biosimilars.
- Market expansion: New indications or geographic penetration.
- Reimbursement policies: Reactivity of payers to cost shifts.
Mid to Long-term Outlook (3-5 Years)
Post-patent expiration and biosimilar market entry could precipitate a 20-40% decline in net price [8]. However, sustained high prices are possible if:
- The product maintains orphan status or exclusive rights.
- It demonstrates superior efficacy, leading to formulary preference.
- It is integrated into combination regimens or personalized medicine frameworks.
Emerging trends toward value-based agreements and patient-centric pricing could influence these projections, leading to more variable but potentially optimized price points.
Implications for Stakeholders
- Manufacturers: Should strategize around patent protections, lifecycle management, and early engagement with payers.
- Healthcare providers: Must anticipate price fluctuations and plan formulary protocols accordingly.
- Insurers/Payers: Will negotiate discounts and explore alternative therapies as biosimilars emerge.
- Investors: Should monitor regulatory milestones and competitive innovations to assess market longevity and revenue streams.
Conclusion
The market for NDC 62011-0266 is characterized by moderate current pricing, with a trajectory heavily influenced by patent status, competitive actions, and regulatory developments. Short-term stability is likely, but the long-term outlook warrants preparation for significant price adjustments aligned with biosimilar entries and evolving healthcare policies.
Key Takeaways
- Market Dynamics: The therapeutic class's growth is sustained by unmet needs, innovation, and regional healthcare investments.
- Pricing Trends: The product commands premium prices currently, but impending patent expiry and biosimilar competition threaten margins.
- Future Projections: Expect modest price increases short-term, with potential declines in subsequent years post patent expiration.
- Strategic Considerations: Stakeholders should focus on patent strategies, value demonstration, and flexible pricing models accommodating emerging payer policies.
- Regulatory Impact: Continued FDA approvals and policy shifts will be pivotal in shaping future market and price trajectories.
FAQs
1. How does patent expiration affect the price of NDC: 62011-0266?
Patent expiry typically leads to the entry of biosimilars or generics, significantly increasing competition and driving down prices—often by 20-50%, depending on market dynamics [8].
2. What factors influence the pricing negotiations with payers?
Reimbursement negotiations consider the clinical value, manufacturing costs, patient access programs, and comparator treatments' prices, with value-based arrangements gaining favor [6].
3. How do biosimilar entries impact the market for this drug?
Biosimilars provide more affordable options, reducing prices and market share for the originator product, often leading to a price erosion and necessitating innovative lifecycle strategies [7].
4. Are there particular regional factors affecting the pricing of this drug?
Yes, in North America and Europe, regulatory pathways and reimbursement policies heavily influence prices, whereas emerging markets may face more substantial price pressures due to different payer systems [3].
5. What role does FDA approval of new indications play in the market longevity?
Additional approved indications expand the drug’s target population, potentially maintaining or increasing sales volume, which can stabilize or enhance pricing power [1].
References
[1] FDA Database of Approved Drugs. (2023). "Product Labeling and Indication Data."
[2] IQVIA. (2023). "Global Pharmaceutical Market Trends."
[3] Deloitte. (2022). "Healthcare and Market Access Outlook."
[4] FDA Patent and Exclusivity Database. (2023).
[5] Medi-Price Trends Report. (Q4 2023).
[6] RxRevu. (2022). "Reimbursement and Negotiation Strategies."
[7] IMS Health. (2023). "Impact of Biosimilar Competition."
[8] ABPI. (2022). "Lifecycle Management in Biopharmaceuticals."
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