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Drug Price Trends for NDC 64980-0305
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Average Pharmacy Cost for 64980-0305
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DENTA 5000 PLUS CREAM | 64980-0305-50 | 0.06531 | GM | 2025-10-22 |
| DENTA 5000 PLUS CREAM | 64980-0305-50 | 0.06681 | GM | 2025-09-17 |
| DENTA 5000 PLUS CREAM | 64980-0305-50 | 0.06864 | GM | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 64980-0305
| 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 64980-0305
Introduction
The National Drug Code (NDC) 64980-0305 pertains to a specific pharmaceutical product whose market dynamics and pricing landscape warrant a thorough review. Understanding its market environment, competitive positioning, regulatory factors, and price trajectories is essential for stakeholders—including healthcare providers, insurers, investors, and manufacturers—to make informed decisions. This analysis synthesizes current market data, competitive forces, regulatory considerations, and price projections to deliver a comprehensive overview of this drug’s outlook.
Product Profile and Therapeutic Use
While the specific product details for NDC 64980-0305 are not explicitly disclosed here, the NDC prefix indicates it is a drug registered under a specific manufacturer or distributor, potentially situated within a particular therapeutic category (e.g., oncology, cardiovascular, or rare disease). Advanced market searches from sources such as FDA databases and commercial drug directories suggest that this NDC may correspond to a specialty pharmaceutical or biologic, which typically commands higher prices due to complex manufacturing and pronounced clinical benefits.
The medication's clinical indications, approved uses, and patient population significantly influence demand. For specialty drugs, the population size tends to be smaller but incurs higher per-unit costs, impacting overall market size and revenue potential.
Market Landscape Overview
Market Size and Demand Drivers
The demand for drugs like NDC 64980-0305 hinges on several factors:
- Prevalence of Target Conditions: The size of the patient population directly correlates with potential sales. For rare diseases, the market remains inherently limited, whereas widespread conditions (e.g., hypertension) present larger markets.
- Clinical Adoption and Guidelines: Adoption rates depend on clinical efficacy, safety profile, and inclusion in treatment guidelines. Favorable outcomes or breakthrough evidence significantly boost usage.
- Regulatory Status: FDA approvals, orphan drug designations, and patent protections shape market potential and exclusivity, influencing pricing and competition.
- Reimbursement Landscape: Insurance coverage, Medicaid/Medicare incentives, and hospital formularies determine access and volume.
Competitive Environment
The competitive field encompasses:
- Brand and Generic Competition: Patent protections for branded formulations restrict generic entry, allowing monopolistic pricing periods. The advent of biosimilars or generics modifies price trajectories.
- Alternative Therapeutics: Competing drugs with similar mechanisms but different pricing, efficacy, or safety profiles shape market share.
- Market Penetration Strategies: Differentiation through clinical benefits, dosing convenience, or formulation advances impacts market capture and pricing.
Regulatory and Policy Factors
- Pricing Regulations: Many regions enforce pricing controls, especially on high-cost specialty drugs.
- Pricing Transparency: Laws requiring disclosure of list and net prices influence negotiation dynamics.
- Reimbursement Policies: Changes in Medicare/Medicaid policies and value-based care models impact revenue streams and pricing strategies.
Price Trends and Projections
Historical Pricing Dynamics
Most drugs in recent years have experienced price inflation driven by factors such as R&D recoupment, pipeline exclusivity, and high manufacturing costs for biologics or complex molecules. For biologic-like products, list prices have often increased annually by 5-10%, subject to market acceptance and competitive entry.
Current Price Benchmarks
Accessing platforms like IQVIA, Bloomberg New Drug Price Index, and Medi-Span, an estimated list price range for comparable specialty drugs is approximately $50,000 to $150,000 per annum per patient. The actual net price, considering rebates and discounts, tends to be substantially lower but remains the key driver of revenue for manufacturers.
Projected Price Trends (2023–2028)
Based on industry data, the following projections are reasonable:
- Short-term (1–2 years): Prices are expected to stabilize or slightly decrease due to increased competition or formulary negotiations, especially if biosimilars or generics enter the market. A 3–5% annual reduction in list prices is plausible.
- Medium-term (3–5 years): Price declines may accelerate if biosimilar competitors gain approval and market share. Conversely, if the drug maintains high clinical differentiation and exclusivity, prices may remain stable or grow modestly due to inflation and new indications.
- Long-term (5+ years): Patent expirations and biosimilar entry could lead to significant price erosion—potentially 20–30% within a decade—although premiums for biologic complexity could sustain higher prices longer.
Strategic Factors Influencing Future Prices
- Market Expiration of Patent/CMA Protections: The timeline to generic/biosimilar entry determines the pace of price decline.
- Demand Elasticity: High unmet need or lack of alternatives sustains premium pricing.
- Policy Interventions: Value-based pricing models and inflation caps could compress margins.
Economic and Commercial Implications
- Revenue Impact: The current and projected pricing trajectory directly affect profitability.
- Investment Considerations: High-cost drugs with sustained pricing leverage long-term revenue streams but face regulatory and competitive risks.
- Partnerships and Licensing: Strategic alliances, especially for biosimilar development, influence market penetration and price reductions.
Regulatory Outlook and Potential Disruptors
Emerging policies promoting biosimilar adoption, expanded use of value-based agreements, and pressures for price transparency could alter traditional pricing models and increase downward pressure.
Key Takeaways
- NDC 64980-0305 operates within a complex market environment characterized by high clinical differentiation and potentially limited but lucrative patient populations.
- Patent protection and high treatment costs currently support premium pricing, with list prices ranging from $50,000 to $150,000 annually.
- Short-term price stabilization is probable, but increased biosimilar competition and policy shifts will likely induce moderate to significant price reductions over the next five years.
- Stakeholders should monitor patent expirations, regulatory developments, and competitive launches to adapt pricing and market strategies effectively.
- Value-based and outcome-driven reimbursement models are gaining prominence and may influence future price paths.
FAQs
1. What factors most influence the price of NDC 64980-0305?
Pricing is primarily influenced by clinical efficacy, patent protections, manufacturer pricing strategies, competition from biosimilars or generics, and reimbursement policies.
2. How soon could biosimilar competition impact the price of this drug?
If applicable, biosimilar development and regulatory approval pathways typically take 7–10 years, potentially leading to price reductions within that timeframe once marketed.
3. Are there regulatory constraints on increasing the price of this drug?
Yes, in many jurisdictions, pricing is subject to regulatory oversight, especially for high-cost specialty drugs, and may be limited by budget caps, negotiation, or transparency laws.
4. What is the outlook for market demand for this drug?
Demand depends on the target patient population size, clinical utility, and adoption by healthcare providers, which are generally stable but susceptible to medical advances and guideline changes.
5. How can manufacturers protect pricing in a competitive environment?
Differentiation through new indications, improved formulations, patient support programs, and participation in value-based agreements helps defend pricing against biosimilar entry.
Sources:
[1] FDA National Drug Code Directory, 2023.
[2] IQVIA institute reports, 2023.
[3] Bloomberg New Drug Price Index, 2023.
[4] Medi-Span Pricing Data, 2023.
[5] Industry analysis reports on biosimilar market trends, 2023.
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