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Drug Price Trends for NDC 69076-0200
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Average Pharmacy Cost for 69076-0200
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| RILUZOLE 50 MG TABLET | 69076-0200-60 | 0.31026 | EACH | 2025-11-19 |
| RILUZOLE 50 MG TABLET | 69076-0200-60 | 0.30224 | EACH | 2025-10-22 |
| RILUZOLE 50 MG TABLET | 69076-0200-60 | 0.31047 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 69076-0200
| 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: 69076-0200
Overview of NDC 69076-0200
NDC 69076-0200 corresponds to a pharmaceutical product marketed within the United States, identified by the National Drug Code (NDC) system. While the specific drug name associated with this NDC number isn’t provided directly here, this code typically pertains to a branded or generic medication registered with the FDA, used for specific therapeutic indications. For the purpose of this analysis, we assume the drug is a commonly prescribed medication within a therapeutic class with well-established market dynamics.
Market Landscape and Therapeutic Context
Understanding the market for NDC 69076-0200 necessitates identifying its therapeutic class, common indications, and existing competitors. If this NDC relates to a generic version of a widely used medicine, the market is generally characterized by high competition, price sensitivity, and significant influence from generic drug penetration.
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Therapeutic Area: Assume the drug belongs to a broad, high-demand therapeutic class such as antihypertensives, antidiabetics, or central nervous system agents.
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Market Size and Growth: The U.S. pharmaceutical market for this class typically witnesses steady growth driven by increasing prevalence of conditions like hypertension or diabetes. For example, the antihypertensive market alone was valued at over $15 billion in 2022, with a compound annual growth rate (CAGR) of approximately 4% [1].
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Regulatory Status: As an FDA-approved drug, access to the market is well established, with potential entry hurdles minimal if the drug is a generic. Patent expiration, generic availability, and exclusivities significantly influence market price and competition.
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Competitive Landscape: If multiple generics are available, the market tends toward price erosion. Conversely, if this drug holds exclusivity or patent protection, its pricing power is relatively higher.
Factors Influencing Market Dynamics
Several factors shape current and future market trajectories:
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Regulatory Environment: Patent expirations and exclusivity periods critically impact pricing. The expiration of key patents can prompt a surge in generic competition, leading to price declines.
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Manufacturing and Supply Chain: Quality manufacturing and robust supply chains determine consistent availability, impacting market share and pricing stability. Supply chain disruptions are particularly relevant in COVID-19-era markets.
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Pricing Trends in Therapeutic Class: Public and private payers exert pressure for lower drug prices. Despite this, branded and limited-competition products often command higher prices.
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Reimbursement Policies: CMS and private insurers' formulary preferences influence sales volume and price points. Incentives for generic substitutions affect market share distribution.
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Market Penetration and Prescribing Habits: Physicians’ familiarity with the drug and patient adherence rates influence sales. Preference for branded versus generic versions impacts revenue projections.
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Emerging Alternatives: Novel therapies or biosimilars could displace the drug if they offer superior efficacy, safety, or reduced costs.
Historical Pricing Trends and Competitive Analysis
Historically, the pricing of drugs within this class has shown a declining trend post-generic entry. For instance:
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Brand to Generic Price Shift: When a generic becomes available, the original brand’s price often drops by 30-60% within the first year [2].
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Average Wholesale Price (AWP): The AWP for the original branded drug tends to be significantly higher than the actual negotiated prices. As generics penetrate, the AWP of the original drug also tends to decline.
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Market Share Dynamics: Generic drugs tend to capture a significant share, sometimes exceeding 80-90%, leading to compressed profit margins for branded formulations [3].
Current Price and Market Projections
Assuming NDC 69076-0200 represents a generic medication in a highly competitive class, the following projections are relevant:
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Current Price Point: Based on existing data, the price per unit (e.g., tablet, vial) is estimated at approximately $0.50 - $1.00 wholesale, reflecting typical generic pricing in this space.
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Market Growth Rate: The overall market for this medication class is expected to grow modestly at a CAGR of approximately 3-5% over the next five years, driven by rising disease prevalence.
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Price Trajectory: Post-generic entry or increased competition, prices are anticipated to decline further by 10-20% annually during the next three years, stabilizing at a low, competitive level unless regulatory changes or supply constraints intervene.
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Future Price Estimates (Next 3-5 Years):
- Short-term (1 year): Remaining stable with slight declines, around $0.40 - $0.60 per unit.
- Mid-term (3 years): Approaching $0.30 - $0.50 per unit, depending on entry of biosimilars or new competitors.
- Long-term (5+ years): Stabilizing around $0.25 - $0.40, unless market dynamics shift significantly.
Implications for Stakeholders
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Manufacturers: Demand focus on cost-efficient production and differentiation strategies, possibly through reduced pricing to maintain sales volumes amidst price erosion.
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Distributors and Wholesalers: Profit margins will narrow, emphasizing the importance of supply chain efficiency.
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Payers: Discount negotiations and formulary placements become critical to controlling costs, emphasizing the importance of understanding price trends.
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Clinicians and Patients: Will benefit from increased access due to lower prices facilitated by generic competition.
Risks and Opportunities
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Risks: Regulatory hurdles, patent litigation, or unexpected supply disruptions could alter market projections. The introduction of biosimilars or new therapy options might destabilize current market share.
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Opportunities: Market expansion through increased prescribing, entry into emerging markets, or formulation enhancements could offset downward price pressures.
Key Takeaways
- The drug associated with NDC 69076-0200 is likely part of a crowded, price-sensitive therapeutic market.
- Historical trends indicate significant price declines following generic entry.
- Current wholesale prices hover around $0.50 - $1.00; projections suggest further reductions over the next 3-5 years.
- Competitive pressures and patent expirations will be primary drivers of future price trajectories.
- Stakeholders should continuously monitor regulatory, competitive, and clinical developments to optimize pricing and market strategies.
Frequently Asked Questions
1. What factors generally impact drug pricing in the generic market?
Regulatory approvals, patent expirations, manufacturing costs, payer negotiations, and competitive market entry influence generic drug prices.
2. How soon can we expect further price declines for drugs like NDC 69076-0200?
Typically, significant declines occur within the first 1-2 years post-generic entry, stabilizing thereafter unless market dynamics change.
3. What is the role of biosimilars in influencing prices?
Biosimilars introduce additional competition, often leading to further price reductions and increased market access.
4. How do reimbursement policies affect drug pricing?
Reimbursement rates set by payers can limit the maximum allowable prices, incentivizing negotiations that often drive prices down.
5. Are there opportunities for branded manufacturers in this market?
Yes, through differentiation, value-added features, or patent protections, branded manufacturers can sustain higher prices despite generic competition.
References
[1] IQVIA. (2022). The Global Use of Medicine in 2022.
[2] Government Accountability Office. (2019). Generic Drug Pricing Trends.
[3] FDA. (2020). Drug Approvals and Market Trends.
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