Market Analysis and Price Projections for Furosemide (NDC: 71767-0100-01)
Introduction
Furosemide, a diuretic medication, is widely used for treating fluid overload in patients with chronic heart failure. The specific product in focus here is Furoscix, a subcutaneous furosemide injection with the NDC code 71767-0100-01, manufactured by SC Pharmaceuticals Inc.
Current Market Pricing
As of the latest data, the wholesale price for Furoscix 80mg/10ml kit is around $603.09 per unit, with slight variations depending on the pricing period and source[1].
Market Trends and Drivers
The pharmaceutical market, including drugs like furosemide, is influenced by several key trends:
Digital Transformation and Innovation
The life sciences industry is undergoing significant transformation driven by digital advancements and scientific innovations. Technologies like AI and genomics are expected to boost operational efficiencies and drive breakthrough innovations, which could impact pricing and market dynamics[3].
Generic and Biosimilar Competition
Generic drugs and biosimilars are increasingly competitive in the market. For furosemide, the presence of generic versions can affect pricing. The median price increase for generic drugs was 19.9% in 2022, indicating a volatile pricing environment[2].
Regulatory and Transparency Issues
Regulatory transparency is a critical issue in the pharmaceutical industry. Programs like the Prescription Drug Price Transparency Program in Oregon highlight the need for better transparency across the supply chain to understand what influences drug prices. This includes aspects like coupons, discounts, fees, and rebates[2].
Price Projections
Given the current market trends, here are some key points to consider for price projections:
Generic Drug Price Increases
Historical data shows significant price increases for generic drugs. For example, a generic naproxen saw a 2,527% price increase between 2012 and 2021. While such extreme increases are rare, they indicate the potential volatility in generic drug pricing[2].
Market Growth and Demand
The US pharmaceutical market is projected to grow from $846.72 billion in 2022 to $1.28 trillion by 2030, driven by factors like increasing R&D investments and the rising adoption of AI-based tools for drug discovery. This growth could influence the pricing of essential medications like furosemide[4].
Patent Cliff and Mergers and Acquisitions
The biopharma industry is facing a substantial loss of exclusivity due to expiring patents, which could lead to increased competition from generics and biosimilars. This trend might drive mergers and acquisitions, potentially affecting the pricing strategies of companies involved[3].
Specific Projections for Furoscix
Given the current wholesale price of around $603.09 per unit, several factors could influence future pricing:
- Regulatory Changes: If states or federal authorities implement upper payment limits or other price control measures, it could cap the price of Furoscix and other high-cost drugs[2].
- Market Competition: Increased competition from generic furosemide products could drive prices down. However, the unique delivery mechanism of Furoscix (subcutaneous injection) might maintain a premium pricing due to its convenience and efficacy[5].
- Economic Factors: The overall growth of the pharmaceutical market and increasing healthcare costs could lead to higher prices if not regulated. However, the use of AI and other innovations might help in reducing production costs, potentially stabilizing or reducing prices[3][4].
Conclusion
The pricing of Furoscix, like other pharmaceuticals, is influenced by a complex interplay of regulatory, market, and technological factors. While current prices are around $603.09 per unit, future prices could be affected by increased transparency, regulatory measures, and market competition.
Key Takeaways
- Current Pricing: Furoscix is priced around $603.09 per unit.
- Market Trends: Digital transformation, generic competition, and regulatory transparency are key drivers.
- Price Volatility: Generic drug prices can be highly volatile.
- Regulatory Impact: Upper payment limits and transparency measures could cap prices.
- Market Growth: The US pharmaceutical market is projected to grow significantly by 2030.
FAQs
Q: What is the current wholesale price of Furoscix?
A: The current wholesale price of Furoscix 80mg/10ml kit is around $603.09 per unit[1].
Q: What are the main drivers of the pharmaceutical market?
A: The main drivers include digital transformation, generic and biosimilar competition, and regulatory transparency[2][3].
Q: How might regulatory changes affect the price of Furoscix?
A: Regulatory changes such as upper payment limits could cap the price of Furoscix and other high-cost drugs[2].
Q: What is the projected growth of the US pharmaceutical market?
A: The US pharmaceutical market is projected to grow from $846.72 billion in 2022 to $1.28 trillion by 2030[4].
Q: How does the unique delivery mechanism of Furoscix impact its pricing?
A: The subcutaneous injection mechanism of Furoscix might maintain a premium pricing due to its convenience and efficacy compared to traditional oral or intravenous furosemide[5].
Sources
- DrugPatentWatch - Pharmaceutical drug prices and trends for FUROSEMIDE.
- Oregon Department of Consumer and Business Services - Prescription Drug Price Transparency Results and Recommendations.
- Deloitte Insights - 2025 life sciences outlook.
- GlobeNewswire - US Pharmaceutical Market Review 2020-2023 and Forecast.
- DailyMed - FUROSCIX- furosemide injection 80 mg/ 10 ml injection.
