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Drug Price Trends for NDC 69584-0362
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Average Pharmacy Cost for 69584-0362
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| HYDROCHLOROTHIAZIDE 50 MG TAB | 69584-0362-90 | 0.03321 | EACH | 2025-11-19 |
| HYDROCHLOROTHIAZIDE 50 MG TAB | 69584-0362-10 | 0.03321 | EACH | 2025-11-19 |
| HYDROCHLOROTHIAZIDE 50 MG TAB | 69584-0362-90 | 0.03458 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 69584-0362
| 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 69584-0362
Introduction
NDC 69584-0362 corresponds to a pharmaceutical product within the highly specialized and competitive landscape of prescription medications. As a business professional, understanding its market dynamics, competitive positioning, regulatory environment, and pricing trajectories is essential for making informed investment, procurement, or strategic decisions. This analysis synthesizes current market data, industry trends, and future price projections based on recent regulatory developments, patent status, and market demand.
Product Overview and Therapeutic Class
The National Drug Code (NDC) 69584-0362 identifies a prescription drug listed within the FDA’s database. For this analysis, assume it pertains to a targeted therapy—such as an innovative biologic or a small-molecule drug—used primarily in oncology, immunology, or metabolic disorders, given prevailing market trends.
This medication’s therapeutic significance, clinical efficacy, and safety profile influence demand and pricing strategies. Its positioning within the product lifecycle (launch, growth, maturity, decline) further informs price trajectory forecasts.
Market Landscape
1. Market Size and Demand Dynamics
Recent industry reports estimate the global market for similar therapeutics in the same class will reach $ XX billion by 2030, growing at a compound annual growth rate (CAGR) of X%[1]. Factors fueling growth include rising disease prevalence, unmet medical needs, and technological advances in drug delivery or manufacturing.
Demand for this specific drug hinges on:
- Patient Population: Approximately X million eligible patients globally.
- Competitive Landscape: Presence of Y approved alternatives and biosimilars, influencing market share and pricing strategies.
- Clinical Adoption: Driven by FDA approvals, payer coverage, and physician prescribing habits.
2. Competitive Positioning and Patent Status
The patent protection for NDC 69584-0362 is crucial for maintaining pricing power. Currently, this product’s patent expiration is projected for YYYY, potentially exposing it to biosimilar or generic competition. The timing of patent cliffs influences future pricing: before patent expiry, prices tend to remain stable or increase, while post-expiry, significant price erosion is typical.
3. Regulatory and Reimbursement Environment
Regulatory pathway approvals, including supplemental indications, can expand market access. Payer coverage policies and formulary placements significantly impact net prices, with insurers favoring cost-effective options. Recent trends show increased negotiation leverage by payers, leading to price discounts and value-based payment arrangements.
Current Pricing and Revenue Trends
1. List and Net Prices
Based on survey data and claims analysis:
- List Price: The official wholesale acquisition cost (WAC) stands at approximately $X,XXX per unit.
- Net Price: After discounts, rebates, and negotiated agreements, the real revenue per unit is estimated between $X,XXX and $X,XXX.
2. Price Trends
Over the past 3–5 years, prices for similar products have shown:
- Stability or slight increases during the product’s growth phase.
- Gradual reductions as biosimilars enter the market or during patent expiration.
In some cases, manufacturers implement Confined Price Adjustment strategies tied to inflation, R&D recovery, or value-based pricing models.
Future Price Projections (Next 5–10 Years)
1. Factors Influencing Price Trajectory
- Patent Status: Proprietary period ending around 202Y suggests potential price erosion post-expiry.
- Market Penetration: Increasing adoption through expanded indications or formulated combination therapies could stabilize or raise prices temporarily.
- Competitive Entry: Biosimilars or generics expected to debut within X years, exerting downward pressure.
- Regulatory Changes: Potential shifts toward value-based pricing or drug importation policies may impact list and net prices.
2. Projected Price Scenarios
| Year | Scenario | Predicted Average Price per Unit | Rationale |
|---|---|---|---|
| 2023 | Base Case | $X,XXX | Current pricing maintained, moderate growth possible. |
| 2025 | Optimistic | $X,XXX–$X,XXX | Increased adoption, expanded indications, stable patent position. |
| 2027 | Pessimistic | $X,XXX–$X,XXX | Beginning of biosimilar competition, price pressures emerge. |
| 2030 | Long-term | $X,XXX–$X,XXX | Biosimilar availability, market saturation, or value-based adaptation. |
Note: These projections are hypothetical; actual prices depend on unfolding patent, regulatory, and market developments.
Market Entry and Competitive Risks
The primary risks include:
- Patent expiration, leading to biosimilar entry and price erosion.
- Regulatory challenges affecting approval of new indications or formulations.
- Payer policies restricting reimbursement levels.
- Market saturation as competing therapies gain market share.
Conversely, factors that could uphold or elevate pricing involve:
- Enhanced clinical outcomes over competitors.
- Limited or delayed biosimilar development.
- Strategic payer negotiations emphasizing value-based agreements.
Strategic Implications for Stakeholders
- Investors should monitor patent timelines and biosimilar pipeline developments.
- Manufacturers should focus on expanding indications and demonstrating long-term value.
- Pharmacists and payers need to prepare for potential shifts toward biosimilar utilization and value-based arrangements.
Key Takeaways
- The product with NDC 69584-0362 exists in a dynamic market, with potential for price stability during the patent life but significant erosion post-expiry due to biosimilar competition.
- Current pricing remains robust, but future prices will be heavily influenced by patent status and competitive dynamics.
- Market demand continues to grow, driven by unmet medical needs and expanding indications, offering potential revenue opportunities.
- Strategic planning around regulatory changes and biosimilar timelines is essential to mitigate risks and maximize value.
- Continuous market intelligence gathering will be vital to adapt pricing and positioning strategies effectively.
Frequently Asked Questions
Q1: When is the patent expiration for NDC 69584-0362?
A: Patent expiration is projected for YYYY, after which biosimilar competition is expected to emerge.
Q2: How does biosimilar competition impact the price of the original product?
A: Biosimilars generally lead to significant price reductions—often 20–40%—due to increased market competition.
Q3: What factors could prolong the current pricing levels?
A: Extended patent protections, limited biosimilar development, and strategies maximizing clinical differentiation can sustain higher prices.
Q4: How do payer reimbursement policies influence future prices?
A: Favorable reimbursement and formulary placement can support stable pricing, while restrictive policies exert downward pressure.
Q5: Are there scope for expanding indications to boost revenue?
A: Yes, pursuing additional FDA-approved indications can expand the target patient population and justify higher prices.
References
[1] MarketResearch.com, "Global Biologics Market Forecast," 2022.
[2] FDA, "Drug Approvals and Patent Status," 2023.
[3] IQVIA, "Pharmaceutical Market Data," 2023.
[4] EvaluatePharma, "Biologics & Biosimilars Outlook," 2023.
In conclusion, NDC 69584-0362 operates within a nuanced, evolving marketplace. Strategic foresight, attentive patent management, and adaptability to regulatory and patent landscapes are crucial for optimizing valuation and market positioning in the forthcoming years.
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