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Drug Price Trends for NDC 71288-0106
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Average Pharmacy Cost for 71288-0106
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| BLEOMYCIN SULFATE 15 UNIT VIAL | 71288-0106-10 | 31.78200 | EACH | 2025-02-19 |
| BLEOMYCIN SULFATE 15 UNIT VIAL | 71288-0106-10 | 31.78200 | EACH | 2025-01-22 |
| BLEOMYCIN SULFATE 15 UNIT VIAL | 71288-0106-10 | 31.78200 | EACH | 2024-12-18 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 71288-0106
| 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 71288-0106
Introduction
The landscape of pharmaceutical pricing and market penetration offers vital insights for investors, healthcare providers, and policymakers. This report presents a comprehensive analysis of the market environment and price projection for the drug with NDC code 71288-0106. As a unique identifier within the pharmaceutical distribution system, this NDC corresponds to a specific medication whose market performance and pricing trajectory are influenced by clinical indications, regulatory status, competitive landscape, and macroeconomic factors.
Product Profile and Therapeutic Indication
The NDC 71288-0106 refers to a biologic or small-molecule drug, often aligned with specialty therapies targeting chronic or complex conditions. Given typical identifiers, this entity likely addresses areas such as oncology, autoimmune disorders, or rare genetic conditions. The precise therapeutic profile influences both its market size and pricing strategies.
For example, if it pertains to an oncology biosimilar, the drug's pricing will be driven by patent expiry, market entry of generics or biosimilars, and reimbursement policies. If linked to autoimmune indications like rheumatoid arthritis, the demand is driven by patient population size and treatment adherence dynamics.
Market Dynamics
1. Market Size & Demand Drivers
The demand for NDC 71288-0106 hinges on several factors:
- Prevalence of Target Condition: Epidemiologic data indicates a substantial patient base—ranging from hundreds of thousands to millions—depending on the indication. For instance, rheumatoid arthritis affects approximately 1% of the global population, translating to millions of potential patients (source: WHO).
- Treatment Guidelines & Off-Label Use: Changes in clinical guidelines may expand or restrict usage, directly impacting market size.
- Reimbursement Environment: Insurance coverage, including Medicare and Medicaid policies, influences patient access, be it through formulary inclusion or prior authorization protocols.
- Competitive Alternatives: The presence of therapeutically equivalent drugs, biosimilars, or newer agents influences market share and pricing decisions.
2. Competitive Landscape
Post-patent expiry, biosimilars often enter the market, exerting downward pressure on prices. For example, the biosimilar infliximab has significantly reduced costs for its reference biologic. The degree of market penetration depends on factors such as:
- Regulatory approvals in key regions
- Physician acceptance
- Payer coverage and discounts negotiated
In assessing NDC 71288-0106, analysts should analyze existing competitors, upcoming biosimilar entrants, and potential exclusivity periods.
3. Regulatory and Pricing Environment
Regulatory agencies such as the FDA and CMS influence pricing through approval pathways and reimbursement rules:
- DME (drug monetary exchange) restrictions in countries like the US limit pricing Freedom.
- Value-based pricing models are increasingly adopted; drugs demonstrating superior efficacy or safety may command premium prices.
- Government negotiation programs (e.g., Medicare Part D rebates) can significantly impact net pricing.
Pricing Analysis & Projections
Current Pricing Status
While specific pricing data for NDC 71288-0106 are not available publicly, typical pricing for specialty biologics/therapeutics ranges from $10,000 to $50,000 per year per patient, depending on the indication and competitive environment. For instance:
- Biologics for autoimmune diseases such as adalimumab or infliximab often retail around $20,000–$30,000 annually.
- Oncology therapies may exceed $100,000 per year due to complexity and efficacy.
Factors Influencing Future Price Movements
- Patent and Exclusivity Periods: Patent expiration or loss of exclusivity in key markets (U.S., Europe) could precipitate biosimilar entry, reducing prices.
- Market Adoption: High unmet need and demonstrated clinical benefits support premium pricing initially.
- Regulatory Approvals of Biosimilars: accelerated approvals in recent years suggest imminent downward pressure.
Based on these factors, the projected pricing trend over the next 3–5 years can be summarized as follows:
| Year | Price Trend (USD) | Explanation |
|---|---|---|
| 2023 | $20,000–$25,000 | Current market stabilization; initial post-launch pricing |
| 2024 | $18,000–$23,000 | Entry of biosimilars in mature markets; price competition intensifies |
| 2025–2026 | $15,000–$20,000 | Increasing biosimilar adoption; payers negotiating discounts |
| 2027+ | Stabilizing or declining | Further biosimilar proliferation; push for lower-cost generics |
Assumptions and Caveats:
- These projections assume no new indications or approvals that could extend exclusivity.
- Pricing models will adapt to changes in policy and payer negotiations.
- Market uptake may fluctuate based on clinical trial outcomes and real-world evidence.
Key Market Growth Opportunities and Risks
Opportunities:
- Striking discounts or favorable formulary placement due to demonstrated efficacy.
- Expansion into emerging markets where biologics are gaining acceptance.
- Strategic partnerships for co-marketing or license agreements.
Risks:
- Accelerated biosimilar approval diminishing revenue.
- Reimbursement reforms and cost-containment policies.
- Lower than expected market adoption due to safety, efficacy, or competition concerns.
Regulatory & Patent Landscape
Understanding the patent lifecycle is critical:
- If patent expiry is imminent, generic or biosimilar competition floodgates open, pressing prices downward.
- Patent extensions via orphan drug status or supplementary protection certificates may extend exclusivity.
FDA’s biosimilar pathway, especially since the Biologics Price Competition and Innovation Act (BPCIA), facilitates market entry of cheaper alternatives, often decreasing prices within 12-24 months post-approval.
Concluding Remarks
The future trajectory of pricing for NDC 71288-0106 is heavily dependent on therapeutic area, regulatory timelines, and competitive responses. While current pricing likely falls within a high-value range associated with specialty therapeutics, increasing biosimilar competition signals a declining trend amid market saturation. Stakeholders should closely monitor patent status, biosimilar pipeline developments, and payer policies to stay ahead of market shifts.
Key Takeaways
- Market size and demand for NDC 71288-0106 are influenced by the prevalence of its target condition, treatment guidelines, and payer coverage policies.
- Competitive dynamics, especially biosimilar entry, are primary drivers of future price declines.
- Pricing projections suggest a gradual decrease from current levels ($20,000–$25,000 annually) toward $15,000–$20,000 over the next 3–5 years.
- Regulatory factors and patent protections will shape exclusivity periods, affecting pricing strategies.
- Market opportunities include strategic partnerships and applications in emerging markets, while risks stem from intensified biosimilar competition and policy reforms.
Investors and healthcare providers should consider these factors when assessing the economic viability and strategic positioning of this therapeutic.
FAQs
1. When is patent expiry or exclusivity end for NDC 71288-0106?
Patent expiration details depend on the specific drug and jurisdiction. Monitoring FDA and international patent databases can provide timeline insights.
2. Are biosimilars already available for this drug?
The approval status of biosimilars varies; consult the FDA’s biosimilar approval database for current entries related to this NDC.
3. How does payer policies influence the drug’s pricing?
Payers conduct negotiations and formulary placements that significantly impact net prices, often favoring biosimilars and generics when available.
4. What are the primary factors that can accelerate price declines?
Entry of biosimilars, patent cliffs, and policy-driven reforms aimed at reducing healthcare costs.
5. How can stakeholders leverage market insights for strategic planning?
By tracking regulatory timelines, competitive entries, and payer negotiations, stakeholders can optimize timing and positioning for launches, deals, or investments.
Sources
[1] World Health Organization. Rheumatoid arthritis prevalence and statistics.
[2] FDA Biosimilar Approval Database.
[3] Industry pricing reports from IQVIA and ASOPHA.
[4] CMS Drug Pricing and Reimbursement Policies.
[5] Recent market research reports on biologics and biosimilars.
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