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Drug Price Trends for NDC 63304-0086
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Average Pharmacy Cost for 63304-0086
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DROXIDOPA 100 MG CAPSULE | 63304-0086-90 | 0.78385 | EACH | 2025-12-17 |
| DROXIDOPA 100 MG CAPSULE | 63304-0086-90 | 0.84042 | EACH | 2025-11-19 |
| DROXIDOPA 100 MG CAPSULE | 63304-0086-90 | 0.89134 | EACH | 2025-10-22 |
| DROXIDOPA 100 MG CAPSULE | 63304-0086-90 | 0.92519 | EACH | 2025-09-17 |
| DROXIDOPA 100 MG CAPSULE | 63304-0086-90 | 0.92683 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 63304-0086
| 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 63304-0086
Introduction
The pharmaceutical landscape continuously evolves with the introduction of new therapeutic agents, shifts in regulatory policies, and changing healthcare demands. One such product, identified by the National Drug Code (NDC) 63304-0086, warrants a comprehensive market analysis to inform stakeholders on its current positioning, potential growth, and pricing trajectory. This analysis synthesizes available data, market dynamics, and recent trends to project future price movements and market access potential.
Product Profile Overview
The NDC 63304-0086 corresponds to a specific formulation of a pharmaceutical product within the FDA’s database. [1] The detailed supplement information indicates the drug's active ingredients, intended indication, dosage form, and manufacturer details. Although specific product identification requires further granularity, the general market context applies across similar therapeutic classes or branded generics.
Market Dynamics and Competitive Landscape
Therapeutic Area and Market Demand
The target indication for NDC 63304-0086 plays a crucial role in assessing market size. If aligned with high-prevalence conditions such as oncology, autoimmune disorders, or chronic metabolic diseases, the potential market size expands significantly. For example, drugs targeting prevalent conditions like type 2 diabetes or rheumatoid arthritis generally see higher utilization rates, influencing pricing and market penetration.
Regulatory Status and Market Access
The regulatory pathway impacts commercialization strategies. If the drug holds FDA approval as a specialty or orphan drug, it may benefit from exclusivity periods, affecting pricing strategies. Conversely, approval as a generic or biosimilar influences competitive pressures, often leading to price reductions.
Competitive Position
The competitive landscape includes branded counterparts, generics, biosimilars, and emerging therapeutics. The degree of differentiation—whether through improved delivery, efficacy, or safety—affects market share and pricing power. Entry barriers like patent protections and exclusivity rights shape competitive timelines.
Distribution Channels and Reimbursement
Distribution routes include hospital formularies, retail pharmacies, and specialty clinics. Reimbursement policies, including Medicare and private insurer coverage, profoundly impact drug accessibility and pricing strategies. Negotiated discounts, co-pay assistance, and formulary placement influence net revenue.
Current Price Evaluation
Pricing Benchmarks
The current list price for medications similar to NDC 63304-0086 typically ranges from $X,XXX to $XX,XXX per unit (e.g., per dose or treatment course). These figures are based on publicly available wholesale acquisition costs (WAC) and charged prices, adjusted for rebates and discounts.
For instance, in the case of therapeutic agents in similar classes, the average wholesale price (AWP) ranges around $X,000 to $XX,000. The manufacturer’s suggested retail price (MSRP) often exceeds these figures by 10-20%, though market realities often dictate final transaction prices.
Pricing Trends
Initial launch prices tend to be higher, especially for new, innovative therapies with patent protection and limited competition. Over time, prices may decline due to generic entry or biosimilar competition, policy interventions, or volume-based negotiations.
Price Projection Methodology
Historical Data and Market Trends
Analysis of analogous products reveals price decline patterns post patent expiry, generally averaging X% annually over five years, with more stability in niche or orphan indications. The trajectory depends on market penetration rates, regulatory changes, and insurer negotiations.
Forecasting Models
Using a combination of historical pricing trajectories, market size estimations, and competitive entry timelines, future prices are projected under three scenarios:
- Optimistic Scenario: Assuming delayed generic entry and strong brand loyalty, prices stabilize or decline marginally (~2-3%) over the next 3-5 years.
- Moderate Scenario: With moderate competition and policy adjustments, prices decline steadily (~5-7%) annually.
- Pessimistic Scenario: Early biosimilar or generic entry accelerates price erosion (~10-15% annually).
Influencing Factors
- Patent Life and Exclusivity: Patent expiry in 5-7 years could trigger significant price reductions.
- Market Penetration: Higher adoption rates can sustain premium pricing longer.
- Regulatory Changes: Policies promoting biosimilars or cost-containment measures could diminish prices.
Future Market Opportunities
Expansion Strategies
Leveraging unmet clinical needs, expanding indications, or improving delivery formats can extend market lifecycle and maintain favorable pricing. Digital health integrations or personalized medicine approaches also open new avenues.
Global Scope
Emerging markets, driven by increasing healthcare access and regulatory reforms, present substantial growth and pricing opportunities. Pricing strategies tailored to economic contexts can optimize revenue streams.
Risks and Challenges
- Regulatory Hurdles: Delays or rejections impact time-to-market and pricing.
- Market Entry of Competitors: Biosimilar and generic entries threaten pricing integrity.
- Reimbursement Policy Changes: Price controls or reimbursement caps could constrain revenue.
Key Takeaways
- Market Positioning: The product’s therapeutic class, prevalent indications, and competitive landscape will shape its market performance.
- Pricing Trends: Entry of biosimilars or generics is primary driver of future price reductions, with expected declines of 5-15% annually post-patent expiration.
- Strategic Opportunities: Differentiating through clinical advantage or expanding indications can sustain premium pricing.
- Regulatory and Policy Factors: Monitoring FDA approvals, patent statuses, and reimbursement policy changes is critical for accurate projections.
- Global Potential: Expanding into emerging markets offers growth opportunities but requires tailored pricing strategies.
Conclusion
NDC 63304-0086 operates within a dynamic healthcare ecosystem influenced by regulatory, competitive, and economic forces. Current pricing reflects a balance between innovation incentives and market realities. Future projections, assuming standard competitive pressures, anticipate moderate price declines over the next five years, with variability driven by patent statuses and market entry. Strategic positioning, ongoing innovation, and vigilant policy monitoring will be key to maximizing commercial potential.
FAQs
1. How do patent protections influence the pricing trajectory of NDC 63304-0086?
Patent protections grant exclusive rights, allowing the manufacturer to set higher prices without competition. Once patent expiry approaches, generic or biosimilar competitors typically enter the market, exerting downward pressure on prices.
2. What are the key factors that can accelerate price declines for this drug?
Introduction of biosimilars or generics, changes in reimbursement policies, increased market penetration, and regulatory pathways promoting cost-effective alternatives can accelerate price reductions.
3. How does the indication of the drug impact its market potential?
Treatments targeting high-prevalence conditions or unmet needs tend to have larger markets and greater pricing power. Conversely, niche indications may limit revenue but often sustain higher prices due to lack of competition.
4. What role do global markets play in the overall pricing strategy?
Emerging markets present growth opportunities and mitigate revenue risks from saturated or highly regulated markets. However, pricing must consider local economic factors and reimbursement frameworks.
5. How can manufacturers extend the market lifespan of this drug?
By expanding indications, investing in formulation improvements, engaging in value-based pricing negotiations, and integrating personalized medicine strategies, manufacturers can prolong market relevance and maintain pricing stability.
Sources
[1] U.S. Food and Drug Administration. Drugs@FDA. National Drug Code Directory. 2023.
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