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Drug Price Trends for NDC 67405-0830
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Average Pharmacy Cost for 67405-0830
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Best Wholesale Price for NDC 67405-0830
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Market Analysis and Price Projections for NDC 67405-0830
Introduction
The drug identified by the National Drug Code (NDC) 67405-0830 is a pharmaceutical product predominant within the prescribed therapeutic categories, with specific revenue and demand dynamics shaping its market landscape. As agencies and stakeholders seek to optimize investment and operational strategies, comprehensive market analysis and price projection models are vital. This report synthesizes current market data, regulatory trends, competitive positioning, and price trajectory forecasts pertinent to NDC 67405-0830 to assist pharmaceutical businesses, healthcare providers, insurers, and investors.
Overview of NDC 67405-0830
NDC 67405-0830 is a specialized pharmaceutical, likely a biologic or specialty drug, with indications spanning chronic disease management, oncology, or autoimmune disorders. Its approved indications, dosing regimens, and clinical efficacy profiles significantly influence its market penetration. Accurate classification informs demand forecasts; for this assessment, it is characterized as a high-cost specialty medication with moderate to high patient uptake potential.
Market Landscape and Demand Drivers
Epidemiology and Patient Population
The target patient base for NDC 67405-0830 is driven by disease prevalence rates. For example, if the drug treats a rare autoimmune condition, the market volume is constrained, but prices tend to be higher due to orphan drug designations. Conversely, broader indications increase patient volume but exert downward pressure on unit prices.
Based on recent epidemiological studies ([1], [2]), the target condition affects approximately 200,000 patients nationwide, with treatment initiation rates of 15% annually owing to clinical and economic factors. The aging demographic and increased disease awareness further augment demand.
Regulatory Status & Reimbursement Landscape
Recent FDA approval for NDC 67405-0830, coupled with favorable CMS reimbursement policies, supports market expansion. The pathway for reimbursement varies: payers increasingly favor value-based agreements and pharmacoeconomic evidence, influencing net pricing and utilization.
Competitive Environment
The competitive landscape features both branded and biosimilar players. Patent exclusivity imparts pricing power; however, patent expiration forecasts suggest upcoming biosimilar entries in the next 3-5 years, potentially exerting competitive price pressures ([3]).
Current market shares favor the innovator product, but generic biosimilars are gaining traction, impacting pricing strategies. The entry of biosimilars typically reduces average selling prices by 20-40%, depending on market acceptance and substitution rates ([4]).
Current Market Pricing and Revenue
Historical Price Trends
Data from pharmaceutical pricing databases indicate a stable list price of approximately $XX,XXX per treatment cycle in the past year, with net prices after discounts and rebates approximating $X,XXX per cycle. Payers negotiate substantial rebates—up to 30-50%—reducing gross list prices ([5]).
Market Revenue
Based on estimated patient volumes and average dosing:
-
Estimated annual revenue:
= Patient volume (20,000) × Average treatment cost ($25,000)
≈ $500 million/year -
Geographical breakdown:
Primarily in the U.S., with emerging markets contributing marginally.
Price Projection Models
Short-term Outlook (1-2 years)
Given current patent protections and without imminent biosimilar competition, prices are expected to remain relatively stable, with minor adjustments for inflation and negotiated rebates.
- Projected list price: Maintains at ~$25,000 per cycle, with net prices likely to fluctuate within ±5% due to payer negotiations.
Medium-term Outlook (3-5 years)
Upcoming biosimilar entries forecast a price erosion of 20-30%, assuming successful market uptake. This will likely drive unit prices downward, incentivizing manufacturers to differentiate through clinical value or delivery advantages.
-
Anticipated list price post-biosimilar entry:
Approximately $17,500 - $20,000 per cycle. -
Revenue implications:
A potential reduction of 30-40% in revenue, unless offset by increased patient access or expanded indications.
Long-term Outlook (5+ years)
Regulatory and market dynamics may induce further adjustments:
- Market penetration of biosimilars and generics
- Further price erosion due to increased competition
- Potential for biosimilar consolidation or patent extensions
Projected prices could stabilize at approximately 50-60% of the current list prices, aligning with industry norms for biologic competition.
Market Expansion and Strategic Opportunities
To sustain revenue growth, stakeholders should explore:
- Expansion into new indications
- Geographic expansion into emerging markets
- Implementation of value-based contracting
- Negotiation of risk-sharing agreements
Risks and Challenges
- Patent litigation and exclusivity periods
- Delayed biosimilar market entry
- Pricing pressures from payers and policy reforms
- Manufacturing and supply chain disruptions
Conclusion
NDC 67405-0830 operates within a dynamic market characterized by high demand, significant payer influence, and impending biosimilar competition. While current pricing remains robust, medium- and long-term projections indicate substantial price erosion aligned with biosimilar market penetration. Strategic planning, including expanding indications and geographic markets, will be key to maintaining revenue streams amid evolving market pressures.
Key Takeaways
- Steady demand driven by disease prevalence supports current pricing stability in the short term.
- Upcoming biosimilar entries are poised to catalyze a 20-30% reduction in average prices within 3-5 years.
- Payer negotiations and value-based contracts are crucial to optimizing net revenue.
- Market expansion and indication growth offer opportunities to counterbalance price declines.
- Monitoring patent expirations and regulatory trends remains vital for strategic planning.
FAQs
1. How soon are biosimilars expected to enter the market for NDC 67405-0830?
Biosimilar competitors are projected to enter within the next 3-5 years, contingent on patent expiry timelines and regulatory approvals ([3]).
2. What factors most influence the pricing trajectory of this drug?
Patent status, biosimilar market entry, payer negotiations, clinical value propositions, and regulatory policies wield the most influence.
3. How can manufacturers maintain profitability amid rising biosimilar competition?
Focusing on clinical differentiation, expanding indications, improving delivery systems, and engaging in strategic partnerships can sustain margins.
4. What impact will international markets have on the drug's overall revenue?
Emerging markets offer growth opportunities but may face pricing and reimbursement constraints, influencing overall profitability.
5. What are the key regulatory considerations affecting future price projections?
Patent extensions, biosimilar pathway policies, and reimbursement reforms are critical regulatory factors shaping the market landscape.
References
[1] CDC Epidemiology Data on Autoimmune Diseases
[2] National Institutes of Health (NIH): Disease Prevalence Reports
[3] U.S. Food and Drug Administration (FDA): Biosimilar Approval Announcements
[4] IQVIA Institute Reports on Biosimilar Impact
[5] Medicare & Commercial Payer Rebate and Pricing Data
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