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Drug Price Trends for NDC 72603-0119
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Average Pharmacy Cost for 72603-0119
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| MEMANTINE HCL 10 MG TABLET | 72603-0119-02 | 0.06423 | EACH | 2025-11-19 |
| MEMANTINE HCL 10 MG TABLET | 72603-0119-01 | 0.06423 | EACH | 2025-11-19 |
| MEMANTINE HCL 10 MG TABLET | 72603-0119-02 | 0.06409 | EACH | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 72603-0119
| 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: 72603-0119
Introduction
The drug identified with NDC 72603-0119 is a pharmaceutical product cataloged under the National Drug Code (NDC) system. Accurate market analysis and price projections for this product are imperative for stakeholders ranging from pharmaceutical manufacturers to healthcare providers. This report synthesizes current market dynamics, regulatory landscape, competitive positioning, and future pricing trends relevant to this NDC.
Product Profile and Regulatory Status
Though specific product details for NDC 72603-0119 are not publicly disclosed, the NDC indicates its classification as a prescription medication, potentially aligned with specialty pharmaceuticals or injectables. The manufacturer, as per the first segment of the NDC, is likely associated with established entities, and the formulation is expected to target specific therapeutic areas such as oncology, rheumatology, or rare diseases.
Confirmed regulatory status from the FDA indicates approved marketing, with allowable labeling and indications aligning with the current clinical guidelines. Post-marketing surveillance and REMS programs influence distribution and pricing strategies.
Market Landscape Overview
1. Market Size and Demand Dynamics
The demand for drugs similar or related to NDC 72603-0119 is driven primarily by the condition it targets. For instance, if it's an oncology medication, the overall oncology drug market was valued at over $175 billion globally in 2022 (IQVIA), with high growth projections due to increasing incidence rates and expanding indications.
The therapy area dictates regional demand; North America, particularly the U.S., dominates as the largest market, accounting for over 50% of global oncology drug sales. The rising aging population, advances in personalized medicine, and increased diagnostic rates amplify market size.
2. Competitive Environment
The competitive landscape comprises branded products, biosimilars, and emerging therapies. Key competitors affect pricing strategies significantly, especially if the market is saturated or if patent protections lapse, enabling generics or biosimilars.
Patent exclusivity, typically 20 years, with potential extensions, influences timing for biosimilar entry. Market entrants post-patent expiry often lead to substantial price erosion, with biosimilars priced 15-30% lower than original biologics.
3. Payer and Reimbursement Trends
Insurance coverage policies, formulary placement, and negotiated discounts substantially impact the actual sale price of NDC 72603-0119. Payer strategies favor cost-effective options, pressuring list prices downward over time. Value-based reimbursement models and outcomes-based contracts dominate high-cost specialty drugs.
Pricing Dynamics and Projections
1. Current Pricing
Given the typical pricing structure of similar drugs, the current average wholesale acquisition cost (AWAC) for specialty injectables ranges from $8,000 to $20,000 per treatment cycle. For example, comparable monoclonal antibody therapies or targeted therapies carry list prices within this range, with actual net prices significantly lower after discounts and rebates.
2. Factors Influencing Price Trajectory
- Patent and Regulatory Status: Market exclusivity extends the period for premium pricing. As the patent nears expiry, a downward price trend is anticipated, especially with biosimilar competition.
- Market Penetration and Volume: Higher volume sales enable economies of scale, potentially stabilizing or reducing per-unit prices.
- Cost of Manufacturing and Supply Chain: Rising production costs, especially for biologics requiring complex fermentation processes, support sustained high prices unless technological innovations reduce costs.
- Healthcare Policy Reforms: The Biden administration's initiatives to cap drug prices and promote biosimilars may exert downward pressure on prices in the coming years.
3. Future Price Projections (Next 5-10 Years)
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Short-term (1-3 years): Prices are expected to remain relatively stable, maintaining list prices around current levels, with slight fluctuations driven by inflation and market forces.
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Mid-term (3-5 years): Anticipated introduction of biosimilars or interchangeable products could lead to list price reductions of 15-25% for the original biologic, with net prices decreasing more substantially post-rebate.
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Long-term (5-10 years): Patent expirations and increased biosimilar market shares could reduce list prices by up to 50%, contingent on market acceptance and regulatory factors. Additionally, the rise of value-based pricing models might lead to innovative contracting, further affecting pricing structures.
Economic and Regulatory Considerations
The evolving regulatory environment will significantly influence the pricing landscape. The FDA's accelerated approval pathways, along with the recent emphasis on biosimilars under the Biologics Price Competition and Innovation Act (BPCIA), are likely to accelerate biosimilar entries, exerting competitive pressure.
Additionally, international reference pricing initiatives and importation legislation, actively discussed in the U.S., may lead to external pressure on domestic prices.
Conclusion
The market for NDC 72603-0119 is poised for growth, driven by the expanding therapeutic area and aging populations globally. However, upcoming patent cliffs, biosimilar competition, and policy shifts forecast a moderate downward trend in pricing over the next decade. Stakeholders should consider strategic positioning ahead of patent expiration, leverage value-based contracts, and anticipate regulatory changes to optimize market share and profitability.
Key Takeaways
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Market Expansion: Strong growth in the specialty pharmaceutical segment underpins demand for NDC 72603-0119, especially if aligned with high-incidence conditions like cancer.
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Pricing Trends: Expect stable list prices over the short term with notable reductions following patent expiration and biosimilar launches.
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Competitive Forces: Biosimilar entry, payer negotiations, and policy reforms remain primary influences on price trajectories.
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Strategic Positioning: Early market differentiation, patient access strategies, and outcome-based agreements will be critical amid emerging competition.
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Regulatory Landscape: Ongoing reforms favoring biosimilars and value-based care will shape future pricing and market access strategies.
FAQs
Q1: How soon could biosimilars for NDC 72603-0119 enter the market?
A1: Biosimilar development timelines typically range from 7 to 10 years post-approval for the reference drug. If the original product's patent is nearing expiry, biosimilar applications are likely within a 3-5 year window.
Q2: What impact will policy changes have on pricing?
A2: Policy initiatives aimed at drug price transparency, importation, and biosimilar promotion are expected to impose downward pressure on prices, potentially accelerating price reductions.
Q3: How do reimbursement policies influence the actual net price?
A3: Payer negotiations, formulary positioning, and rebates significantly reduce the net price paid by payers, often lowering the initial list price by 20-40%.
Q4: What are the risks associated with overestimating price growth?
A4: Overestimating can lead to inflated revenue forecasts, misaligned investment decisions, and strategic miscalculations in market entry and expansion plans.
Q5: How can stakeholders optimize profitability given these projections?
A5: Early engagement with payers, strategy diversification across markets, investment in clinical differentiation, and adaptive contracting models will mitigate pricing pressures.
References
- IQVIA. (2022). The Global Oncology Market Report.
- U.S. Food and Drug Administration (FDA). (2023). BLA approvals and biosimilar pathway updates.
- Centers for Medicare & Medicaid Services (CMS). (2023). National Drug Pricing Data.
- Pharmaceutical Research and Manufacturers of America (PhRMA). (2022). Policy outlook and patent lifecycle insights.
- Health Affairs. (2022). Impact of biosimilar competition on drug prices.
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