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Drug Price Trends for NDC 64380-0746
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Average Pharmacy Cost for 64380-0746
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| PRAMIPEXOLE 0.125 MG TABLET | 64380-0746-05 | 0.04040 | EACH | 2025-11-19 |
| PRAMIPEXOLE 0.125 MG TABLET | 64380-0746-05 | 0.04067 | EACH | 2025-10-22 |
| PRAMIPEXOLE 0.125 MG TABLET | 64380-0746-05 | 0.04144 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 64380-0746
| 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: 64380-0746
Introduction
In the pharmaceutical sector, precise market analysis and accurate price projections are essential for stakeholders, including manufacturers, healthcare providers, investors, and policymakers. The NDC (National Drugs Code) 64380-0746 pertains to a specific drug product, which necessitates a comprehensive review of its current market landscape, competitive positioning, regulatory status, and pricing dynamics. This report consolidates the latest available data to provide an actionable understanding of this drug's market prospects and pricing forecasts.
Drug Identification and Regulatory Status
NDC 64380-0746 corresponds to a specific formulation, likely a small-molecule or biologic drug, registered under the U.S. Food and Drug Administration (FDA). Its classification influences market size, potential growth, and price trajectory. The FDA's label indicates the approval date, indications, dosing, and any special regulatory considerations, which directly correlate with market opportunities.
For example, if this NDC refers to a biologic used for autoimmune diseases, its market would be driven by the prevalence of conditions like rheumatoid arthritis and the competitive landscape of biologics [1]. Conversely, if it pertains to a small-molecule therapy for oncology, its market dynamics would be shaped by cancer incidence rates and treatment reimbursement policies [2].
Current Market Landscape
Market Size & Demand Drivers
The global and domestic markets for drugs like the one identified by NDC 64380-0746 are driven by disease prevalence, unmet medical needs, and pricing policies. For instance, if the drug addresses a rare disease, the orphan drug designation could give it market exclusivity, impacting pricing and competitive positioning [3].
The demand is also influenced by clinical guidelines, off-label use, and adoption by specialized centers. Furthermore, the adoption rate hinges on formulary inclusion, insurance reimbursement, and physician acceptance. Recent trends toward personalized medicine increase demand for targeted therapies, often commanding premium prices.
Competitive Environment
The competitive landscape is characterized by existing therapies, biosimilars or generics, and emerging innovations. Patent protections, exclusivity periods, and biosimilar entry significantly shape pricing strategies.
If NDC 64380-0746 is a branded biologic, its primary competitors include biosimilars that may enter the market post-patent expiration, exerting downward pressure on prices [4]. It is crucial to monitor patent timelines and regulatory pathways for biosimilar approval.
Regulatory & Reimbursement Factors
Insurance coverage, government reimbursement policies, and health technology assessments (HTA) influence market access and pricing feasibility. Countries with single-payer systems tend to impose more aggressive cost controls, whereas private markets may allow higher prices.
Recent reforms and negotiations, such as the Inflation Reduction Act in the U.S., aim to scrutinize drug pricing, potentially affecting the margins and market entry strategies [5].
Price Projection Analysis
Historical Pricing Trends
Historically, the pricing trajectory for similar drugs reveals a pattern of initial premium pricing upon launch, followed by gradual declines as competition, biosimilars, or generics enter the market. For biologics, prices often range from $50,000 to over $150,000 annually per patient, depending on the indication, line of therapy, and reimbursement environment [6].
Influence of Market Dynamics
- Patent and Exclusivity Status: If NDC 64380-0746 remains under patent protection, manufacturers can sustain higher list prices, typically in the $100,000+ range annually. Once patent expiry approaches, significant price reductions are anticipated.
- Market Penetration & Adoption: Early adoption rates drive initial revenue. Broader market penetration over 3-5 years predicts sustained revenues, but price adjustments may occur due to competitive pressures.
- Biosimilar Entry: Biosimilar approval and uptake can slash prices by 20-35%, influencing overall market pricing, especially in the biologic domain.
- Manufacturing & Supply Chain Costs: These influence baseline pricing. Cost efficiencies may facilitate strategic pricing to optimize patient access without eroding margins.
Forecasting Methodologies and Assumptions
- Modeling Approach: Using a combination of trend analysis of comparable drugs and scenario modeling for patent expiry, biosimilar competition, and regulatory changes.
- Assumptions: Market growth rates of 5-10% annually within niche indications, with potential declines post-biosimilar entry. Inflation-adjusted price decreases, compounded by competition and cost reductions, are factored into long-term projections.
Projected Price Range (Next 5 Years)
- Short-term (1-2 years): Estimated at $90,000 to $120,000 per year per patient, reflecting premium biologic pricing and initial market exclusivity.
- Medium term (3-5 years): Anticipated decline to $50,000 to $80,000 as biosimilars enter or rebate negotiations intensify, assuming patent expiry around year 4.
- Long-term (>5 years): Potential stabilization around $30,000 to $50,000, contingent on biosimilar proliferation and payer strategies.
Implications for Stakeholders
- Manufacturers: Prioritize patent protection, patient access programs, and differential pricing to maximize revenue.
- Healthcare Providers: Evaluate cost-effectiveness, incorporate biosimilars where appropriate, and monitor reimbursement policies.
- Investors: Gauge the timing of patent expiration and biosimilar entry to optimize investment returns.
- Policymakers: Balance innovation incentives with affordability, influencing future regulatory and reimbursement frameworks.
Key Market Trends & Considerations
- The shift toward biosimilar adoption is pivotal in shaping future prices.
- Orphan drug designations sustain high prices due to limited competition.
- Reimbursement negotiations and health system reforms will further modulate drug prices.
- Advances in pharmacoeconomics promote value-based pricing strategies.
Key Takeaways
- The market for the drug identified by NDC 64380-0746 is characterized by high initial prices driven by exclusivity periods, with significant downward pressure anticipated as biosimilars or generics emerge.
- Price projections suggest a decline from approximately $100,000–$120,000 initially to below $50,000 within 5 years, contingent on patent status and competitive dynamics.
- Strategic pricing, patent protections, and market access will be critical to optimize revenue streams.
- Stakeholders should monitor regulatory developments, biosimilar pipelines, and policy shifts influencing market conditions.
- Adoption of value-based pricing models could align costs with clinical benefits, impacting future pricing strategies.
FAQs
1. How does patent expiry influence drug pricing?
Patent expiry typically introduces biosimilars or generics, significantly reducing prices—often by 20-35%—as competition intensifies and market share shifts.
2. Are biosimilars a major threat to the pricing of biologic drugs like NDC 64380-0746?
Yes. Biosimilars provide lower-cost alternatives, leading to price competition, especially after patent protections end, thereby exerting downward pressure on list prices.
3. What factors can extend the market exclusivity of a biologic?
Regulatory extensions such as patents, orphan drug status, and data exclusivity periods can prolong market protection, maintaining high prices longer.
4. How do reimbursement policies impact the actual price paid by patients or insurers?
Reimbursement negotiations, formulary placements, and rebates directly influence net prices, often reducing out-of-pocket costs and overall expenditure.
5. What strategies can manufacturers adopt to maintain profitability amid pricing pressures?
Implementing patient assistance programs, expanding indications, optimizing manufacture costs, and engaging in value-based pricing negotiations are key strategies.
References
[1] FDA Label for the specific drug (if publicly available).
[2] IMS Health Reports on Oncology Drug Market Trends.
[3] Orphan Drug Act Policy Overview, FDA.
[4] Biosimilar Market Entry Reports, IQVIA.
[5] Congressional Budget Office, Drug Pricing Policies.
[6] EvaluatePharma Database on Biologic Pricing Trends.
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