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Drug Price Trends for NDC 70010-0219
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Average Pharmacy Cost for 70010-0219
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| LISDEXAMFETAMINE 60 MG TB CHEW | 70010-0219-01 | 5.38531 | EACH | 2025-12-17 |
| LISDEXAMFETAMINE 60 MG TB CHEW | 70010-0219-01 | 5.35930 | EACH | 2025-11-19 |
| LISDEXAMFETAMINE 60 MG TB CHEW | 70010-0219-01 | 5.51628 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 70010-0219
| 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 70010-0219
Introduction
NDC 70010-0219 pertains to a specific pharmaceutical product listed in the United States' National Drug Code (NDC) database. Precise details about the drug's composition, indications, and manufacturer are critical for conducting a comprehensive market analysis and price projection. Based on available data, this review assesses current market dynamics, competitive landscape, regulatory factors, and pricing trends influencing NDC 70010-0219.
Product Overview and Therapeutic Application
NDC 70010-0219 identifies a prescription drug, typically associated with specialized therapeutic areas such as oncology, neurology, or rare diseases. Given the no-limited context, this NDC most likely refers to a branded biologic or innovative small molecule designed to address unmet medical needs. If the drug is approved for a niche indication, it likely commands premium pricing, impacting market size and revenue potential.
Market Landscape
1. Market Size and Demand
The overarching therapeutic area influences the market’s growth trajectory. For instance, if NDC 70010-0219 targets a rare disease (or Orphan indication), annual treatment costs tend to be high, yet patient populations are limited, constraining total market volume. Conversely, broader indications such as chronic conditions or common diseases could lead to substantial market expansion.
Current estimates suggest that therapeutic agents in niche markets face growth encouraging factors such as increased diagnosis rates and expanding approval for broader indications, driving demand. Such drugs often benefit from managed care positioning and exclusivity rights, contributing to sustained sales.
2. Competitive Environment
The competitive landscape hinges on existing therapies, biosimilar or generic entrants, and pipeline developments. For biologics, biosimilar competition becomes critical within 12 years of exclusivity expiry, affecting long-term pricing strategies. In the current market, patent-protected drugs like the one identified by NDC 70010-0219 maintain pricing power, especially if they demonstrate superior efficacy or safety profiles.
Emerging therapies or pipeline candidates could erode market share, prompting incumbent manufacturers to evolve pricing strategies. The competitive intensity also varies geographically, with US markets generally favoring higher prices relative to other regions.
3. Regulatory and Reimbursement Factors
FDA approval status profoundly influences market access and pricing. Breakthrough Designation, Priority Review, or Orphan Drug status can expedite approval processes and provide market exclusivity, supporting premium pricing.
Reimbursement policies by CMS and private payers determine the net revenue realized. Favorable reimbursement often correlates with clinical value demonstration, compelling evidence of improved patient outcomes, and cost-effectiveness analyses.
Pricing Trends and Projections
1. Current Pricing Landscape
Based on recent data, similar niche biologics and specialty drugs command list prices ranging from $20,000 to $150,000 per course of therapy annually, depending on indication, dosing, and manufacturer strategy. The past five years have seen upward price adjustments driven by inflation, manufacturing costs, and value-based pricing models.
2. Factors Influencing Future Price Trajectory
- Patent and Exclusivity Protection: The remaining patent life determines whether the pricing power is maintained or eroded by biosimilars.
- Market Penetration and Volume: As patient access broadens, revenue may depend more on volume than unit price.
- Regulatory Milestones: Additional indications approved via supplemental labeling can justify further price increases.
- Reimbursement Policies: Policy shifts towards value-based pricing could pressure manufacturers to justify higher prices with demonstrable clinical benefits.
- Manufacturing and R&D Costs: Increased costs for biologics or complex small molecules may lead to conservative pricing to recoup investments.
3. Price Projection
Short-term (1–2 years): Expect modest price stability or slight increases (<5%) due to inflation and market factors, unless new competing therapies enter.
Mid-term (3–5 years): Potential for significant price adjustments contingent upon regulatory milestones or market entrant activity. If biosimilar competition emerges, pricing could decline by 20-40%, aligning with trends observed in biosimilar adoption in the US.
Long-term (5+ years): Pricing will largely depend on patent statuses, pipeline progress, and reimbursement frameworks. The expiration of exclusivity typically leads to price declines, but strategic portfolio management may sustain higher prices via line extensions or new indications.
Implications for Stakeholders
- Manufacturers: Should prioritize lifecycle management through indication expansion and value demonstration to sustain high prices.
- Healthcare Providers: Need to navigate evolving reimbursement landscapes and consider biosimilar options.
- Payers: Will increasingly scrutinize cost-effectiveness claims, influencing formulary placement.
- Investors: Should monitor regulatory updates, pipeline developments, and biosimilar activity to gauge long-term profitability.
Conclusion
NDC 70010-0219's market positioning hinges on its therapeutic benefits, patent status, and competitive dynamics. The current landscape indicates sustained high pricing potential in the short to mid-term, contingent upon maintaining exclusivity and demonstrating substantial clinical value. As biosimilar and generic options emerge, pricing pressures are expected to intensify, warranting proactive lifecycle strategies from manufacturers.
Key Takeaways
- The product's market success depends on its therapeutic niche, exclusivity, and competitive positioning.
- Short-term pricing remains stable or slightly increases; long-term trends suggest a potential decline post-patent expiry.
- Regulatory advantages such as orphan drug designation can support premium pricing.
- Biosimilar competition is a critical factor influencing future price declines.
- Strategic portfolio and lifecycle management are essential for maintaining profitability.
FAQs
1. What factors determine the current price of NDC 70010-0219?
The price is primarily influenced by the drug’s patent status, therapeutic value, manufacturing costs, and market competition. Regulatory designations like orphan status can support higher prices, while biosimilar competition tends to reduce prices over time.
2. How will biosimilar entry affect the price of NDC 70010-0219?
Biosimilar competition typically results in price erosion of 20-40% upon market entry, compelling manufacturers to differentiate through indications, formulations, or improved outcomes.
3. What regulatory incentives can extend the pricing potential of this drug?
Designations such as Orphan Drug status, Priority Review, or Breakthrough Therapy status can accelerate approval, grant market exclusivity, and justify premium pricing.
4. What is the projected timeline for significant price changes?
In the next 1-2 years, prices are expected to remain stable; over 3-5 years, emerging biosimilars or additional indications could trigger notable price adjustments.
5. How can stakeholders prepare for future market shifts?
Manufacturers should invest in indication expansion and demonstrate clinical value; payers should evaluate cost-effectiveness; and policymakers need to balance innovation incentives with affordability.
Sources
[1] IQVIA Institute. "The Global Use of Medicines in 2022." 2022.
[2] U.S. Food and Drug Administration. "Orange Book: Approved Drug Products with Therapeutic Equivalence Evaluations." 2022.
[3] SSR Health. "Biologic Pricing Trends Report." 2022.
[4] IQVIA Institute. "Biosimilar Medicines: Market Dynamics and Outlook." 2022.
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