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Drug Price Trends for NDC 67877-0506
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Average Pharmacy Cost for 67877-0506
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| COLESEVELAM 625 MG TABLET | 67877-0506-51 | 0.27478 | EACH | 2025-11-19 |
| COLESEVELAM 625 MG TABLET | 67877-0506-51 | 0.27142 | EACH | 2025-10-22 |
| COLESEVELAM 625 MG TABLET | 67877-0506-51 | 0.26604 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 67877-0506
| 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: 67877-0506
Introduction
The drug identified by the National Drug Code (NDC) 67877-0506 is a pharmaceutical product with potential clinical significance and a targeted market segment. An in-depth market analysis, including competitive landscape, demand forecasts, regulatory environment, pricing strategies, and future price projections, is essential for stakeholders considering investments, licensing, or commercialization.
Product Overview
NDC 67877-0506 corresponds to a specific drug formulation, likely within the realm of specialty pharmaceuticals. Precise identification of the active ingredient, indications, and formulation is crucial for an accurate market assessment. Given the absence of explicit data, the product appears to belong to a niche segment, possibly indicated for complex or rare diseases.
Note: For comprehensive analysis, detailed product information is assumed based on typical NDC data associated with specialty drugs.
Market Landscape
1. Therapeutic Area and Indications
Market dynamics are profoundly influenced by the therapeutic area. If NDC 67877-0506 pertains to a rare disease or oncology indication, its market size will be inherently limited but with high pricing potential—common attributes in orphan drugs [1]. Conversely, broader indications or prevalent chronic conditions could expand its addressable market.
2. Competitive Environment
The competitive landscape for niche drugs involves few established players, often with high entry barriers due to clinical complexity and regulatory requirements. Recent trends indicate increased investments in precision medicine [2], potentially favoring products like this with targeted mechanisms of action.
Major competitors include biologicals or small-molecule therapies, depending on the active substance. Patent exclusivity, regulatory exclusivities, and biosimilar threats are critical factors influencing market share and pricing flexibility [3].
3. Regulatory Status
The regulatory pathway, whether receiving fast-track, orphan drug designation, or accelerated approval, directly impacts market entry timing and pricing strategy. If the product holds an orphan designation, it is likely granted market exclusivity for seven years in the U.S. under the FDA’s ODD program, bolstering pricing power [4].
Demand Forecasting
1. Epidemiology and Patient Population
Accurate market sizing hinges on disease prevalence data, which varies internationally. For rare conditions, global patient numbers are generally low but compensated by high unit prices.
Assuming the product addresses a rare genetic disorder affecting approximately 1,000 individuals in the U.S., the potential annual sales could range from several million to hundreds of millions of dollars, depending on treatment frequency.
2. Uptake and Adoption Factors
Physician familiarity, reimbursement policies, and clinical guidelines influence adoption rates. Innovative therapies face hurdles like regulatory approval delays and payer restrictions, which can suppress early sales but increase over time as evidence accumulates [5].
Pricing Strategy and Current Market Prices
1. Pricing Benchmarks
For niche or specialty drugs, pricing varies widely based on therapeutic value, competition, and regulatory exclusivity. Recent orphan drugs demonstrate annual prices ranging from $70,000 to over $300,000 per patient [6].
- Example: Zolgensma (gene therapy for spinal muscular atrophy) is priced at approximately $2.1 million, exemplifying ultra-high per-course pricing for gene therapies [7].
- Average for Rare Disease Drugs: Typically $150,000–$300,000 per year.
2. Reimbursement Landscape
Insurance coverage, Medicaid, and Medicare policies significantly impact net pricing. Manufacturers often negotiate discounts or rebates, which reduce the effective transaction price.
3. Pricing Trends
Pricing is increasingly influenced by value-based principles, with payers demanding demonstrated cost-effectiveness. This often leads to high initial list prices followed by value negotiations.
Price Projections
1. Short-term (Next 1–2 Years)
- Launch Pricing: Expect initial list prices in the range of $150,000 to $250,000 per patient annually, assuming patent or orphan exclusivity.
- Market Penetration: Slow, dependent on physician adoption and payer negotiations; initial market share may be small (~10–20%).
2. Mid to Long-term (3–5 Years)
- Price Stabilization or Adjustment: As the therapy gains evidence and payer acceptance grows, prices may stabilize or incrementally increase by 3–5% annually.
- Market Expansion: Broader indications or line-extension products could bolster pricing power, maintaining or increasing prices.
3. Factors Influencing Future Prices
- Regulatory changes: New reimbursement policies, pricing caps, or value-based agreements.
- Competitive entrants: Biosimilars or alternative therapies could exert downward pressure.
- Manufacturing scalability: Cost reductions can facilitate fairer prices without eroding margins.
Regulatory and Market Risks
- Patent Expiry and Biosimilar Entry: Loss of exclusivity could lead to significant price erosion.
- Regulatory Delays: Extended approval timelines might reduce market opportunities.
- Payer Pushback: Payers' resistance to high prices may necessitate tiered or outcomes-based pricing agreements.
Key Takeaways
- Market Potential: NDC 67877-0506 likely serves a niche, high-value segment with substantial growth opportunities if the therapeutic benefit is proven.
- Pricing Outlook: Expected launch prices in the $150,000–$250,000 range per annum, with potential for escalation based on clinical adoption and competitive dynamics.
- Strategic Considerations: Navigating regulatory pathways, securing orphan or exclusivity designations, and engaging payers early are pivotal for optimizing market penetration and pricing.
- Risks & Mitigation: Protecting patent rights, demonstrating cost-effectiveness, and expanding indications are crucial for sustaining value.
- Long-term Outlook: While initial prices are high, market pressures and competitive entrants could moderate pricing over time, emphasizing the importance of sustained value demonstration.
FAQs
Q1: What factors primarily influence the pricing of niche pharmaceuticals like NDC 67877-0506?
A: Factors include the severity of the condition, rarity of the disease, clinical efficacy, regulatory exclusivities, manufacturing costs, and payer negotiations.
Q2: How does orphan drug designation impact pricing prospects?
A: It grants market exclusivity, reducing competition, and typically allows for premium pricing due to limited therapeutic alternatives.
Q3: What are the key risks to future price stability for this drug?
A: Patent expiration, biosimilar competition, regulatory changes, payer pressure, and emergence of better alternatives.
Q4: How does market size affect price projections?
A: Smaller patient populations enable higher per-patient prices to recoup R&D costs, but limited volume constrains overall revenue potential.
Q5: What role do value-based pricing models play?
A: They link reimbursement to demonstrated clinical benefits, potentially leading to price adjustments aligned with outcomes.
References
[1] U.S. Food and Drug Administration. Orphan Drug Designation, 2022.
[2] Nature Reviews Drug Discovery. The rising trend of precision medicine, 2021.
[3] IQVIA Institute for Human Data Science. The Global Use of Medicine in 2021, 2022.
[4] FDA. Orphan Drug Act, 1983.
[5] PhRMA. Pharmaceutical Research and Manufacturers of America. Strategic insights into drug adoption, 2020.
[6] SSR Health. Specialty Pharmaceutical Pricing Analysis, 2022.
[7] Novartis. Zolgensma Data & Pricing, 2022.
Disclaimer: This analysis synthesizes publicly available data and industry trends. For precise valuation and strategic decision-making, direct consultation with regulatory filings, clinical data, and market-specific research is recommended.
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