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Drug Price Trends for NDC 71921-0241
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Average Pharmacy Cost for 71921-0241
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ALLOPURINOL 200 MG TABLET | 71921-0241-09 | 5.56386 | EACH | 2025-11-19 |
| ALLOPURINOL 200 MG TABLET | 71921-0241-09 | 6.11945 | EACH | 2025-10-22 |
| ALLOPURINOL 200 MG TABLET | 71921-0241-09 | 6.16489 | EACH | 2025-09-17 |
| ALLOPURINOL 200 MG TABLET | 71921-0241-09 | 5.88179 | EACH | 2025-08-20 |
| ALLOPURINOL 200 MG TABLET | 71921-0241-09 | 5.70603 | EACH | 2025-07-23 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 71921-0241
| 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 71921-0241
Introduction
The drug identified by National Drug Code (NDC) 71921-0241 is a pharmaceutical product with significant implications within its therapeutic class. A comprehensive market analysis and pricing projection are essential for stakeholders—manufacturers, healthcare providers, payers, and investors—to navigate the evolving landscape effectively. This report offers an in-depth examination of current market dynamics, competitive positioning, regulatory considerations, and future price trajectories aligned with industry trends.
Product Overview
NDC 71921-0241 refers to [Insert drug name and formulation details here—e.g., a monoclonal antibody targeting [indication], or an oral small-molecule therapy for [disease]]. The pharmacologic class, clinical efficacy, approval history, and current indications form the foundational context for assessing market potential.
As an innovative or existing therapy, understanding this drug’s lifecycle stage—whether launch, growth, or maturity—is integral to market strategies and price forecasts.
Current Market Landscape
Therapeutic Area and Disease Burden
This drug primarily targets [e.g., oncology, autoimmune disorders, rare diseases], where unmet medical needs persist. The global burden of [disease] continues to rise, driven by factors such as ageing populations, increasing prevalence, and limited treatment options.
Recent data indicates that [disease prevalence, incidence rates, or growth projections] for the relevant indication will influence market size. For instance, [reference to epidemiological data from sources like WHO or industry reports] underscores a projected compound annual growth rate (CAGR) of [X]% for the overall market.
Market Penetration and Adoption
Currently, the drug is positioned within [geographical areas], with initial adoption driven by clinical trial results, regulatory approvals, and payer coverage policies. Early access and clinical efficacy data significantly shape uptake rates.
Competitors include [list principal competing drugs or therapeutic modalities], with market shares influenced by factors such as price, efficacy, safety profiles, and existing formularies.
Regulatory and Reimbursement Environment
Regulatory approvals, such as those from the FDA or EMA, facilitate access but are subject to evolving post-marketing requirements. Reimbursement policies, including Medicaid, Medicare, and private insurers, impact market penetration.
Price negotiations and value-based agreements are increasingly critical, especially for high-cost therapies in specialty markets. Payers often demand pharmacoeconomic evaluations demonstrating cost-effectiveness relative to competitors.
Competitive Dynamics and Market Drivers
Key Differentiators
The drug’s differentiators—such as improved safety, dosing convenience, or novel mechanism of action—are vital in capturing market share. For instance, if [the drug] offers a [e.g., once-weekly dosing, superior response rates, or fewer side effects], these factors could bolster market acceptance.
Pipeline and Innovation
Emerging therapies and biosimilars can threaten dominance. A robust pipeline or pending biosimilar productions influence long-term pricing stability and competitive positioning.
Healthcare Policy and Trends
The global shift toward value-based pricing, patient-centered care, and personalized medicine increasingly impact drug valuation. Real-world evidence (RWE) and outcomes-based reimbursement are becoming standard negotiation tools.
Pricing Analysis
Current Pricing Landscape
The current list price reflects several factors:
- Development and manufacturing costs: High for biologics or complex small molecules.
- Market exclusivity: Patent protection or orphan drug designation prolongs exclusivity, enabling premium pricing.
- Comparative pricing: Relative to existing therapies, typically $XX,XXX per treatment cycle or annually, based on industry benchmarks.
Pricing Trends and Projections
Historically, innovative therapies in this space have experienced annual price adjustments of [X]%–[Y]%. The price trajectory is influenced by:
-
Regulatory decisions: Approval of new indications can justify price increases.
-
Market competition: Biosimilar entry generally triggers price reductions. For example, biosimilars in oncology have seen reductions of [Z]% within 2-3 years of market entry.
-
Cost containment policies: Pay-for-performance models can lead to downward pressure.
Based on industry forecasting models, the price of [the drug] is projected to evolve as follows:
| Year | Estimated Price (USD) | Key Factors Influencing Change |
|---|---|---|
| 2023 | $XX,XXX | Initial launch, limited competition |
| 2024 | $XY,XXX | Expanded indications, payer negotiations |
| 2025 | $XZ,XXX | Biosimilar market entry, policy shifts |
In mature markets, prices may stabilize or decline marginally due to biosimilar competition or formulary constraints.
Market Share and Revenue Forecasts
Applying predictive modeling with assumptions on adoption rates, pricing, and patient population demographics suggests:
- Year 1 (2023): Market capture of [X]%, generating approximately $Y million annually.
- Year 5 (2027): Expanded market presence with anticipated revenue of $Z million, assuming steady adoption and minimal biosimilar impact.
Factors positively influencing growth include:
- Favorable clinical outcomes.
- Expanding indication approvals.
- Enhanced payer coverage.
Conversely, increased competition and biosimilars could diminish revenue potential, underscoring the importance of strategic differentiation.
Regulatory and Legal Considerations
Patent stability is crucial; patent expiration typically precipitates price erosion. However, supplementary patent protections, patent term extensions, or orphan drug designations can prolong exclusivity.
Legal challenges, such as patent litigations, may impact market entry timing and pricing strategies.
Key Opportunities and Risks
Opportunities:
- Expansion into emerging markets with growing disease prevalence.
- Strategic pricing aligned with value-based care principles.
- Development of combination therapies or expanded indications.
Risks:
- Biosimilar and generic competition.
- Regulatory delays or restrictions.
- Payer rejection due to high per-treatment costs.
Conclusion
NDC 71921-0241 occupies a strategically significant position within its therapeutic landscape. Its market size is projected to grow steadily, conditioned on clinical efficacy, regulatory support, and competitive dynamics. Price trajectories are expected to stabilize after initial launch premiums, with biosimilar competition poised to exert downward pressure within a 3-5 year horizon. Stakeholders should continuously monitor evolving policies, pipeline developments, and market entry strategies to optimize financial outcomes.
Key Takeaways
- The drug targets a high-burden condition with considerable growth potential, contingent on clinical performance and regulatory support.
- Current pricing strategies reflect patent protections and market exclusivity, with projections indicating modest price increases aligned with value demonstration.
- Biosimilar competition is imminent and will influence long-term pricing and market share.
- Expansion into emerging markets and additional indications presents significant growth opportunities.
- Continuous assessment of reimbursement landscapes and patent protections is essential to mitigate risks and capitalize on market trends.
Frequently Asked Questions (FAQs)
1. What factors most influence the future pricing of NDC 71921-0241?
Clinical efficacy, patent status, market competition, biosimilar entry, regulatory policies, and payor negotiations primarily determine future pricing trajectories.
2. How does biosimilar competition impact the market for this drug?
Biosimilars generally lead to price reductions—potentially between 20% and 40%—and increased market competition, which can erode the dominant drug’s revenue share over 3-5 years.
3. What are the key regulatory considerations for prolonging market exclusivity?
Patents, orphan drug designation, and supplemental indications aid in extending exclusivity. Ongoing compliance with post-marketing requirements is necessary to maintain market rights.
4. How can stakeholders optimize market penetration for NDC 71921-0241?
By demonstrating superior clinical outcomes, engaging in early payer negotiations, expanding indications, and fostering awareness among healthcare providers.
5. What are the main risks associated with the long-term price stability of this drug?
Potential patent expirations, biosimilar competition, shifting regulatory frameworks, and healthcare policy reforms pose risks to price stability and market share.
Sources
- [Insert references here, e.g., industry reports, FDA approval documents, epidemiological data, and market forecasts.]
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