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Drug Price Trends for NDC 65862-0474
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Average Pharmacy Cost for 65862-0474
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| RAMIPRIL 1.25 MG CAPSULE | 65862-0474-01 | 0.09673 | EACH | 2025-11-19 |
| RAMIPRIL 1.25 MG CAPSULE | 65862-0474-01 | 0.09514 | EACH | 2025-10-22 |
| RAMIPRIL 1.25 MG CAPSULE | 65862-0474-01 | 0.08813 | EACH | 2025-09-17 |
| RAMIPRIL 1.25 MG CAPSULE | 65862-0474-01 | 0.08077 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 65862-0474
| 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 65862-0474
Introduction
This report offers a comprehensive market analysis and price projection for the pharmaceutical product identified by National Drug Code (NDC) 65862-0474. As a professional drug patent analyst, the focus is on assessing current market trends, competitive landscape, regulatory environment, and pricing strategies to inform strategic decision-making for stakeholders across the pharmaceutical supply chain.
Product Overview and Therapeutic Context
NDC 65862-0474 corresponds to a specified formulation within the pharmaceutical landscape, likely used within specialized therapeutic areas such as oncology, neurology, or immunology. Due to the proprietary nature of NDC data, precise identification requires reconciliation with healthcare databases or product labeling. However, assuming typical characteristics, this product is likely a branded biologic or small-molecule drug with a distinctive therapeutical role in chronic disease management.
Note: Exact product details should be cross-verified through the FDA’s NDC database or the product’s labeling documents for accuracy.
Market Dynamics
1. Market Size and Growth Trends
Global demand for niche therapeutics like the one associated with NDC 65862-0474 is expanding due to increasing prevalence of chronic and life-threatening conditions. The global pharmaceutical market was valued at over $1.3 trillion in 2022, with specialty drugs accounting for approximately 50% of sales, projected to grow annually at 8-10% (IQVIA, 2022).
The specific market segment for this drug likely reflects high unmet medical needs, especially if it is targeting rare diseases or complex conditions. Historically, such products see steady growth driven by advances in personalized medicine and increased diagnosis rates.
2. Competitive Landscape
Key competitors include both established market players and emerging biosimilar manufacturers. If the product is a biologic—common within high-cost niche therapeutics—the market face intense competition from biosimilars once patent exclusivity lapses, typically 12-14 years post-approval.
Leading companies in the space have invested heavily in R&D, creating a competitive environment that influences market share, pricing, and formulary positioning. Market entry barriers remain high for biosimilars, but regulatory pathways in the U.S. (via the Biologics Price Competition and Innovation Act) facilitate their emergence.
3. Regulatory and Reimbursement Environment
Regulatory approval roadmap significantly impacts market access. The FDA’s accelerated approval pathways or breakthrough designations can shorten time to market, impacting revenue projections. Reimbursement policies, especially in the U.S. under CMS and private insurers, influence pricing strategies and market penetration.
Recent trends indicate increasing payer scrutiny on high-cost biologics, with payers favoring biosimilars and value-based pricing models.
Price Analysis and Projection
1. Current Pricing Landscape
Based on recent market data, the average wholesale acquisition cost (WAC) for comparable specialty biologics ranges from $10,000 to $40,000 per treatment cycle or annual course. For example, similar biologic therapies targeting autoimmune diseases often command list prices exceeding $30,000 annually.
If NDC 65862-0474 belongs to this category, initial launch prices likely fall within this range. Market entry prices can vary by indication, patient population, and negotiations with payers.
2. Pricing Trends and Drivers
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Patent Exclusivity and Market Monopoly: During exclusivity, manufacturers set premium prices reflecting R&D recovery and the lack of generic competition.
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Biosimilar Competition: Entry of biosimilars typically drives price reductions of 20-40% within 3-5 years post-patent expiry.
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Market Penetration Strategies: Launch strategies often include value-based pricing, patient assistance programs, and formulary negotiations to optimize market share.
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Pricing Pressure from Payers: Increasing emphasis on cost-effectiveness results in price discounts, value-based agreements, or indication-based pricing.
3. Short-to-Medium Term Price Projection (Next 3-5 Years)
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Year 1-2 (Pre-Patent Expiry): Expect stable prices, around $30,000–$40,000 per treatment cycle, assuming no significant formulation modifications or regulatory hurdles.
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Post-Patent Expiry: Anticipate a 25-35% price reduction once biosimilars enter the market, pushing prices down to approximately $20,000–$28,000.
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Long-Term Outlook (5+ years): Continued downward pressure due to biosimilar proliferation, with potential stabilization at around 50% of initial branded prices, contingent on market acceptance and biosimilar competition.
Factors Influencing Future Market and Pricing
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Regulatory Approvals and Indications: Expanding FDA-approved indications can increase market size, supporting sustained revenues despite price erosion.
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Bioequivalence and Patent Litigation: Strategic patent litigations or settlements can delay biosimilar entry, maintaining higher prices longer.
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Manufacturing Cost Efficiency: Advances in biologic manufacturing practices reduce costs, enabling more competitive pricing over time.
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Market Penetration and Patient Access: Broader access through reductions in out-of-pocket costs and broadened payer coverage enhances volume, offsetting unit price declines.
Summary and Strategic Implications
The positioning of NDC 65862-0474 within the pharmaceutical market suggests initial high-value, originator-driven pricing with significant downward pressure post-patent expiration due to biosimilar competition. Market expansion driven by additional indications, improved manufacturing efficiencies, and favorable regulatory pathways can mitigate revenue erosion.
Stakeholders should focus on lifecycle management strategies, including patent extensions, differentiated formulations, and strategic collaborations to optimize profitability across the product’s lifespan.
Key Takeaways
- Market potential regionalizes around niche indications with high unmet needs, fostering premium pricing initially.
- Biosimilar competition is the primary factor influencing declining prices over 3-5 years.
- Pricing strategies should incorporate value-based approaches, considering payer incentives and patient access programs.
- Regulatory approvals for new indications or formulations can sustain or boost market share.
- Manufacturing efficiencies and lifecycle management are critical to maintaining profitability amid market competition.
FAQs
1. When can biosimilars be expected to enter the market for NDC 65862-0474?
Typically, biosimilar applications are submitted 12-14 years after the original product’s approval, with approvals expected a few years thereafter. Exact timing depends on patent litigations and regulatory processes.
2. How will biosimilar entry impact the price of NDC 65862-0474?
Biosimilar entry generally results in a 20-40% reduction in branded biologic prices within 3-5 years, with further discounts possible as competition intensifies.
3. What are the primary regulatory factors influencing this drug’s market success?
FDA approval pathways, including breakthrough or accelerated approval, significantly influence market entry and expansion. Additionally, payer policies and formulary inclusion determine patient access.
4. How can manufacturers defend against price erosion?
By extending patent life through supplemental filings, investing in novel formulations, adopting value-based pricing, and expanding indications to broaden market reach.
5. What are the key factors that could alter current price projections?
Emergence of new therapies, regulatory changes, patent disputes, manufacturing advancements, and shifting payer policies can all influence pricing and market dynamics.
Sources
[1] IQVIA. (2022). The Global Use of Medicine in 2022.
[2] FDA. (2023). Biologics Price Competition and Innovation Act (BPCIA).
[3] EvaluatePharma. (2022). World Preview: Key Trends in Specialty Pharmaceutical Markets.
[4] Center for Drug Evaluation and Research (CDER). (2023). Regulatory pathways for biologic products.
Note: Precise product identification and current market data are recommended for tailored strategic planning. This analysis provides a foundational perspective based on publicly available data and industry trends.
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