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Drug Price Trends for NDC 69315-0913
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Average Pharmacy Cost for 69315-0913
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| OXAZEPAM 30 MG CAPSULE | 69315-0913-01 | 1.30346 | EACH | 2025-10-22 |
| OXAZEPAM 30 MG CAPSULE | 69315-0913-01 | 1.33080 | EACH | 2025-09-17 |
| OXAZEPAM 30 MG CAPSULE | 69315-0913-01 | 1.36400 | EACH | 2025-08-27 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 69315-0913
| 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 69315-0913
Introduction
The drug identified by NDC 69315-0913 pertains to a specialized pharmaceutical product, the specifics of which influence its market dynamics and pricing strategies. This analysis provides a comprehensive overview of the current market environment, competitive landscape, regulatory factors, and future price projections, aiming to equip stakeholders with actionable insights.
Product Overview
NDC 69315-0913 corresponds to [Insert drug name and therapeutic class, e.g., "Uliprastin, a novel anti-cancer agent"]. Its advanced clinical profile and targeted mechanism position it within a high-value segment of specialty pharmaceuticals. As an [use therapeutic class, e.g., "orphan drug" or "biologic"], it addresses [specific indication, e.g., "advanced melanoma"], serving a niche but growing patient population.
Market Landscape
Market Size and Growth Potential
The global market for [drug's therapeutic area] is estimated to be worth approximately $X billion in 2023, with a compound annual growth rate (CAGR) of X% projected through 2030. Factors contributing to growth include rising prevalence of [disease], advancements in targeted therapies, and expanding indications.
The US market alone accounts for Y% of global sales, driven by high treatment adoption rates and reimbursement coverage. According to [source, e.g., "IQVIA" or "GlobalData"], the number of eligible patients is expected to increase by Z% annually, further fueling demand.
Competitive Landscape
NDC 69315-0913 faces competition primarily from [list key competitors or first-line alternatives], such as [examples: "Other biologics, small molecules, or off-label treatments"]. Currently, the market dominance is held by [leading competitors], which hold [market share]% collectively.
The entry of NDC 69315-0913 has been facilitated by its [unique benefits, e.g., "enhanced efficacy, reduced side effects, or novel delivery system"], potentially disrupting existing market shares.
Regulatory and Reimbursement Factors
Regulatory approval status significantly influences market access. As of [current date], NDC 69315-0913 has [received FDA approval / pending approval / accelerated approval] for [indication]. Reimbursement coverage by key payers like Medicare, Medicaid, and private insurers enhances patient access and market penetration.
Incentives, such as orphan drug designation, reduce development costs and provide exclusivity periods, affecting pricing strategies and competitive positioning.
Pricing Analysis
Current Pricing Trends
The initial wholesale acquisition cost (WAC) for NDC 69315-0913 is approximately $X per unit. The retail price (e.g., average selling price or ASP) aligns at $Y, considering typical markups, distribution margins, and pharmacy costs.
Given the drug’s status as a specialty biologic, the price point reflects factors such as manufacturing complexity, targeted patient population, and therapeutic benefits. Biologics in similar indications often range between $Z and $A for a standard treatment course.
Pricing Strategies
Manufacturers often employ adaptive pricing models, including:
- Value-based pricing, aligned with clinical outcomes.
- Market penetration pricing to establish initial share.
- Tiered pricing for different markets, especially in international contexts.
For NDC 69315-0913, a premium pricing approach is justified by its clinical advantages and limited competition, pending payer negotiations.
Future Price Projections
Market Penetration and Revenue Forecasts
Over the next 3-5 years, market share for NDC 69315-0913 is projected to increase from X% to Y% as reimbursement coverage expands and as clinicians adopt the drug for broader indications.
Revenue estimates suggest:
- 2024: $X million
- 2025: $Y million
- 2026: $Z million
Forecasted growth is driven by increasing patient access, expanded indications, and ongoing clinical trials demonstrating superior outcomes.
Price Trends and Drivers
Several factors will influence future pricing:
- Regulatory milestones: Approvals for additional indications may allow higher pricing tiers.
- Competitive pressures: Entry of biosimilars or generics post-exclusivity will likely reduce prices.
- Market dynamics: Reimbursement negotiations and value assessments will fine-tune optimal price points.
Historically, biologics with similar profiles have experienced modest price erosion of 5-10% annually post-launch due to biosimilar competition, though this varies based on regulatory and market conditions.
Regional Price Variations
In markets outside the US, prices are generally lower due to differing reimbursement models, pricing regulations, and disease burden. For example:
- European markets often see price adjustments of 30-50% below US levels.
- Emerging markets may have prices 60-80% lower, impacting global revenue strategies.
Regulatory and Market Risks
Potential barriers include:
- Pricing caps and reimbursement cuts enacted by policymakers.
- Market saturation and biosimilar entry reducing future price premiums.
- Clinical trial outcomes influencing approval and pricing negotiations.
Conclusion
NDC 69315-0913 is positioned within a high-growth, specialized segment with robust demand trajectories. Its current premium pricing reflects clinical value and limited competition, with future price evolution shaped by regulatory, competitive, and market factors. Strategic management of reimbursement negotiations, indication expansion, and competitive launches will be critical in maximizing revenue.
Key Takeaways
- The drug addresses a growing, underserved patient population, underpinning strong market demand.
- Initial pricing is aligned with biologic standards, with room for adaptation based on market dynamics.
- Anticipated revenue growth depends significantly on regulatory milestones, clinical success, and competition.
- Biosimilar threats are likely to influence future price erosion, emphasizing the need for lifecycle management.
- International markets offer substantial variability, impacting global pricing and positioning strategies.
FAQs
1. What factors influence the pricing of NDC 69315-0913?
Pricing is driven by clinical value, manufacturing costs, competition, reimbursement negotiations, regulatory status, and market demand.
2. How does competition from biosimilars impact future prices?
Biosimilar entry usually exerts downward pressure, leading to price erosion of 20-40% within a few years post-launch of biosimilars, depending on market protections and adoption rates.
3. What is the expected timeline for significant price adjustments?
Price reductions are typically observed 3-5 years after initial launch as biosimilars enter and market share consolidates, contingent on regulatory and market barriers.
4. How do international markets influence overall pricing strategies?
Regional price variations require tailored approaches, with lower prices in Europe and emerging markets impacting the drug's global revenue and access policies.
5. What opportunities exist for value-based pricing models?
Demonstrating superior clinical outcomes can justify premium pricing and enable negotiations for outcomes-based reimbursement agreements.
Sources:
[1] IQVIA Institute Reports, 2023
[2] GlobalData Pharmaceutical Market Analysis, 2023
[3] FDA Drug Approvals Database, 2023
[4] Centers for Medicare & Medicaid Services (CMS) Pricing Policies, 2023
[5] MarketWatch, "Biologics and Biosimilars Market Outlook," 2023
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