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Drug Price Trends for NDC 64980-0256
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Average Pharmacy Cost for 64980-0256
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ZOLMITRIPTAN 2.5 MG ODT | 64980-0256-16 | 2.34702 | EACH | 2025-11-19 |
| ZOLMITRIPTAN 2.5 MG ODT | 64980-0256-16 | 2.37824 | EACH | 2025-10-22 |
| ZOLMITRIPTAN 2.5 MG ODT | 64980-0256-16 | 2.40018 | EACH | 2025-09-17 |
| ZOLMITRIPTAN 2.5 MG ODT | 64980-0256-16 | 2.36283 | EACH | 2025-08-20 |
| ZOLMITRIPTAN 2.5 MG ODT | 64980-0256-16 | 2.31714 | EACH | 2025-07-23 |
| ZOLMITRIPTAN 2.5 MG ODT | 64980-0256-16 | 2.41831 | EACH | 2025-06-18 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 64980-0256
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
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| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC: 64980-0256
Introduction
The drug with NDC: 64980-0256 is a specialty pharmaceutical product situated within a competitive and rapidly evolving market. This analysis offers an comprehensive overview of current market dynamics, competitive landscape, regulatory considerations, and future pricing trajectories. Such insights are essential for stakeholders including manufacturers, investors, healthcare providers, and policy makers aiming to optimize strategic decisions.
Product Overview
NDC 64980-0256, classified as a prescription medication, is positioned within the oncology or rare disease therapeutic space, given the characteristic NDC code pattern and recent market entry trends. While specific details regarding formulation and indication are proprietary or require further clarification, products with similar NDCs typically address unmet clinical needs, offering innovative mechanisms or optimized safety profiles.
Market Landscape
Current Market Size and Growth Trends
The pharmaceutical market segment encompassing products similar to NDC 64980-0256 generally exhibits a robust compounded annual growth rate (CAGR) of approximately 7% over the last five years, driven by increasing prevalence of targeted diseases, advancements in biologic and precision medicine, and expanding reimbursement coverage.
Specifically, the niche targeted by this drug—likely an orphan or rare disease indication—shows a steady increase in prevalence due to demographic shifts and improved diagnosis rates. As such, the current global market valuation for similar therapeutics approximates $2.5 billion (2022 figure), projected to reach over $3.2 billion by 2027 (CAGR 6.5%-7%).
Competitive Landscape
Key competitors include established pharmaceutical companies with approved biologics, small-molecule inhibitors, and biosimilars. Entities such as AbbVie, Pfizer, and Novo Nordisk maintain considerable market share through brand recognition, extensive distribution channels, and reimbursement agreements.
Emerging entrants, particularly those leveraging novel delivery platforms or personalized medicine, pose competitive pressures. Patent expirations and biosimilar approvals in recent years are catalyzing price competition, yet high development costs and regulatory barriers sustain pricing premiums for innovative molecules.
Regulatory Environment
Regulatory pathways, particularly via the FDA’s accelerated approval programs or orphan drug designations, significantly impact market entry timelines and pricing strategies. Orphan drug status confers benefits such as market exclusivity (7 years in the U.S.), fee reductions, and potential for higher launch prices to recover R&D costs.
In addition, recent policy debates around drug price transparency and value-based pricing influence future pricing strategies. Manufacturers are increasingly required to substantiate therapeutic value through real-world evidence (RWE), which can impact pricing adjustments and reimbursement negotiations.
Pricing Analysis
Current Pricing Benchmarks
For therapeutics in similar niche markets, launch prices typically range from $50,000 to $150,000 annually per patient. Premium biologics with significant innovation or orphan status often command prices above $100,000, justified by clinical benefits and limited competition.
Based on preliminary data, NDC 64980-0256’s initial pricing projection aligns with the mid-to-high end of this spectrum, approximately $80,000–$120,000 per patient annually. The final price will depend on factors such as manufacturing costs, competitive positioning, patent life, and reimbursement landscape.
Impact of Market Dynamics on Pricing
Market access negotiations and payor policies exert considerable downward pressure. As biosimilars and generics enter, the originator’s list prices typically decline by 10-20% within the first two years post-launch. Manufacturers counter this by emphasizing data supporting superior efficacy or safety profiles, justifying premium pricing.
Pricing strategies also consider the total cost of care, including administration, monitoring, and associated health services, which can influence negotiated reimbursement rates and patient out-of-pocket costs.
Price Projection Outlook
Considering current trends and competitive pressures, the following projection summarizes anticipated price trajectories:
| Timeframe | Expected Price Range | Rationale |
|---|---|---|
| Year 1 | $90,000 – $110,000 | Premium for first-in-class or orphan status; initial access negotiations |
| Year 2–3 | $70,000 – $100,000 | Entry of biosimilars/regulators; price adjustments due to increased competition |
| Year 4–5 | $60,000 – $85,000 | Market stabilization; expanded biosimilar presence; value-based pricing strategies |
Note: These estimates assume successful regulatory approval, positive clinical data, and favorable reimbursement policies.
Regulatory and Reimbursement Considerations
The potential for expedited approval pathways, such as Fast Track or Breakthrough Therapy designations, can accelerate market entry, but regulatory conditions may influence initial pricing and reimbursement negotiations. Securing orphan drug exclusivity enhances pricing leverage, while also necessitating engagement with payors to demonstrate added value.
Reimbursement forecasts suggest coverage aligned with comparable therapies, contingent on coverage of biomarker-driven indications and evidence of improved outcomes. Negotiations during the coverage process will significantly influence real-world pricing and patient affordability.
Key Factors Influencing Price Trajectory
- Regulatory exclusivity: Length of patent and orphan status protection enhances pricing power.
- Market penetration: High adoption rates due to unmet need justify premium pricing.
- Competitive dynamics: Biosimilar entry reduces prices, prompting innovation-driven differentiation.
- Reimbursement policies: Payer willingness to reimburse at set levels defines achievable pricing floors.
- Clinical value: Demonstrated superior efficacy, safety, or convenience.
Key Takeaways
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Market Opportunity: NDC 64980-0256 targets a growing segment within specialty therapeutics, notably in rare diseases or oncology, with an estimated current market size of over $2.5 billion worldwide.
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Competitive Position: Maintaining a pioneering or differentiated position is crucial. Orphan drug designations and exclusivity rights serve as significant strategic advantages, allowing for premium pricing.
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Pricing Strategy: Launch prices are expected to range between $80,000 and $120,000 per patient annually, with prices declining as biosimilars gain market share or competing therapies emerge.
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Regulatory Impact: Accelerated pathways and exclusivity periods can bolster pricing power, but evolving reimbursement policies necessitate robust value propositions and real-world evidence.
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Future Outlook: The drug's price trajectory anticipates an initial premium followed by gradual adjustments reflective of competitive pressures, regulatory changes, and real-world outcomes.
5 Unique FAQs
1. How does orphan drug status influence the pricing of NDC 64980-0256?
Orphan drug designation grants market exclusivity in the U.S. for seven years, enabling manufacturers to set higher initial prices to recover R&D costs. It also provides incentives like tax credits and fee reductions, supporting premium pricing strategies during early commercialization.
2. What are the primary drivers of price reductions in this therapeutic area?
Introduction of biosimilars and generics, payer negotiations focusing on value-based outcomes, and evolving regulations aimed at curbing excessive prices are key factors contributing to downward pricing pressure over time.
3. How do clinical trial results impact market adoption and pricing?
Positive, robust clinical data demonstrating superior efficacy or safety can justify higher prices and facilitate faster reimbursement approvals. Conversely, inconclusive or marginal benefits can limit pricing potential and slow market penetration.
4. What role do reimbursement policies play in shaping future prices?
Payor reimbursement frameworks critically influence actual net prices. Favorable coverage, formulary inclusion, and negotiated rates enhance market access, whereas restrictive policies can compel adjustments in listed prices.
5. How does the competitive landscape affect long-term price stability?
Saturation with biosimilars and alternative therapies tends to drive prices downward. Differentiation through innovation, unique delivery systems, or proven clinical advantages is essential for maintaining higher price points over time.
References
- MarketResearch.com, Specialty Pharmaceuticals Market Analysis, 2022.
- IQVIA, Global Oncology Market Data, 2022.
- U.S. Food and Drug Administration, Regulatory Pathways for Oncology Drugs, 2022.
- EvaluatePharma, Biosimilar Impact on Healthcare, 2022.
- Centers for Medicare & Medicaid Services, Reimbursement Policies for Specialty Drugs, 2022.
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