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Last Updated: February 7, 2025

Drug Price Trends for NDC 70677-1185


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Average Pharmacy Cost for 70677-1185

Drug Name NDC Price/Unit ($) Unit Date
FT TUSSIN DM 200-20 MG/20 ML 70677-1185-01 0.01903 ML 2025-01-22
FT TUSSIN DM 200-20 MG/20 ML 70677-1185-02 0.01630 ML 2025-01-22
FT TUSSIN DM 200-20 MG/20 ML 70677-1185-02 0.01668 ML 2024-12-18
FT TUSSIN DM 200-20 MG/20 ML 70677-1185-01 0.01866 ML 2024-12-18
FT TUSSIN DM 200-20 MG/20 ML 70677-1185-02 0.01601 ML 2024-11-20
FT TUSSIN DM 200-20 MG/20 ML 70677-1185-01 0.01825 ML 2024-11-20
>Drug Name >NDC >Price/Unit ($) >Unit >Date

Best Wholesale Price for NDC 70677-1185

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Dates Price Type
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

Market Analysis and Price Projections for the Drug NDC: 70677-1185

Understanding the National Drug Code (NDC)

To analyze the market and project prices for a specific drug, it is crucial to understand the National Drug Code (NDC) system. The NDC is a unique, three-segment number that identifies the labeler, product, and trade package size of a drug. This code is essential for tracking and managing drug products in the U.S. market[1][4].

Breaking Down the NDC: 70677-1185

  • Labeler Code: The first segment (70677) is assigned by the FDA and identifies the firm that manufactures, repackages, or distributes the drug under its own name.
  • Product Code: The second segment (1185) identifies the specific strength, dosage form, and formulation of the drug.
  • Package Code: The third segment identifies the package size and type.

Market Trends and Pricing

Prescription Drug Market Overview

The prescription drug market is complex, influenced by various factors such as manufacturer prices, rebates, and wholesale acquisition costs (WAC). Here are some key trends:

  • Price Increases and Decreases: The percentage of drugs with price increases has decreased over the years, but the average percent of increase remains higher than the consumer price index (CPI-U)[3].
  • Rebates and Discounts: Pharmacy Benefit Managers (PBMs) play a significant role in managing costs through rebates. For brand drugs, PBMs receive rebates that can offset costs to payers, resulting in net costs below WAC[3].

Specific Drug Analysis: NDC 70677-1185

To analyze the market and project prices for the drug with NDC 70677-1185, we need to consider several factors:

Current Pricing

The current pricing of the drug can be influenced by its wholesale acquisition cost (WAC), which is the list price set by the manufacturer. For example, the NADAC (National Average Drug Acquisition Cost) wholesale price for similar drugs can fluctuate, indicating market dynamics[5].

Rebates and Discounts

Rebates from manufacturers to PBMs and other intermediaries can significantly impact the final cost to payers. For brand drugs, rebates can represent up to 13.27% of the average WAC, which can reduce the net cost[3].

Market Competition

The presence of generic or multi-source versions of the drug can affect pricing. Generic drugs are typically priced lower than their brand counterparts, with an average difference of 68.85% in some cases[3].

Regulatory Environment

The FDA's Drug Listing Act and regulatory provisions require firms to update their drug listing data regularly. This ensures that the NDC Directory is current and accurate, which can influence market transparency and pricing[1].

Price Projections

Short-Term Projections

  • Stability in WAC: Given the recent trends, it is likely that the WAC for the drug with NDC 70677-1185 will remain relatively stable in the short term, with minor adjustments based on market conditions.
  • Rebate Impact: The continuation of rebate practices by PBMs will likely keep the net cost to payers below the WAC, providing some stability in pricing.

Long-Term Projections

  • Generic Competition: If a generic version of the drug becomes available, it could significantly reduce the price, as seen with other multi-source drug products[3].
  • Market Dynamics: Changes in market demand, new regulatory requirements, or shifts in the competitive landscape could influence long-term pricing.

Key Factors Influencing Pricing

Wholesale Acquisition Costs (WAC)

WAC is a critical factor in determining the final cost of a drug. Any changes in WAC can directly impact the pricing and profitability of the drug[3].

Rebates and Discounts

Rebates from manufacturers to intermediaries like PBMs can significantly reduce the net cost to payers. The percentage of rebates retained by PBMs versus those passed through to payers can also affect pricing[3].

Regulatory Changes

Changes in FDA regulations or the Drug Listing Act can impact how drugs are listed and reported, potentially affecting market transparency and pricing[1].

Market Competition

The presence of competing drugs, especially generics, can drive down prices. For instance, generic drugs are often priced much lower than their brand counterparts[3].

Conclusion

The market analysis and price projections for the drug with NDC 70677-1185 depend on several key factors, including current pricing trends, rebates, market competition, and regulatory environment. Here are some key takeaways:

  • Stable Short-Term Pricing: Expect relatively stable pricing in the short term, influenced by current WAC and rebate practices.
  • Potential for Long-Term Changes: Long-term pricing could be affected by the introduction of generic versions, changes in market demand, and regulatory updates.
  • Impact of Rebates: Rebates will continue to play a significant role in reducing the net cost to payers.
  • Market Competition: The presence of competing drugs will influence pricing dynamics.

Key Takeaways

  • Understanding NDC: The NDC is crucial for identifying and tracking drug products.
  • Market Trends: Price increases and decreases are influenced by WAC, rebates, and market competition.
  • Regulatory Environment: FDA regulations and the Drug Listing Act impact market transparency and pricing.
  • Rebates and Discounts: Rebates significantly reduce the net cost to payers.
  • Generic Competition: Generic versions can drive down prices.

FAQs

What is the National Drug Code (NDC)?

The National Drug Code (NDC) is a unique, three-segment number that identifies the labeler, product, and trade package size of a drug.

How are NDCs configured?

NDCs are configured in one of the following formats: 4-4-2, 5-3-2, or 5-4-1, depending on the labeler, product, and package codes.

What factors influence the pricing of prescription drugs?

Pricing is influenced by wholesale acquisition costs (WAC), rebates, market competition, and regulatory changes.

How do rebates affect the cost of prescription drugs?

Rebates from manufacturers to PBMs can reduce the net cost to payers, often resulting in costs below the WAC.

What is the impact of generic drugs on pricing?

Generic drugs are typically priced lower than brand drugs, often reducing the cost by more than 60% compared to their brand counterparts.

How often is the NDC Directory updated?

The NDC Directory is updated daily to ensure it includes information on all listed drugs in their final marketed form[4].

Sources

  1. FDA: National Drug Code Database Background Information - FDA
  2. CMS: Drug Name and National Drug Code (NDC) Reference Data Instructions
  3. Maine Health Data Organization: MHDO Rx Transparency Report 2024
  4. YouTube: NDC Directory (March 2015)
  5. NDC List: Drug Pricing Nasal Decongestant Maximum Strength - NDC List

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