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Drug Price Trends for NDC 72603-0166
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Average Pharmacy Cost for 72603-0166
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| METHAZOLAMIDE 25 MG TABLET | 72603-0166-01 | 1.00356 | EACH | 2025-11-19 |
| METHAZOLAMIDE 25 MG TABLET | 72603-0166-01 | 0.99064 | EACH | 2025-10-22 |
| METHAZOLAMIDE 25 MG TABLET | 72603-0166-01 | 0.95154 | EACH | 2025-09-17 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 72603-0166
| 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 72603-0166
Introduction
NDC 72603-0166 is a prescription drug listed under the National Drug Code (NDC) system, employed in U.S. healthcare for precise identification of marketed pharmaceuticals. This particular NDC corresponds to [drug name, dosage form, and strength as per official labeling], indicated primarily for [primary therapeutic indication]. As the pharmaceutical landscape evolves, understanding market drivers and pricing trajectories for this drug is crucial for stakeholders including manufacturers, healthcare providers, payers, and policymakers.
Market Landscape Overview
Product Profile and Therapeutic Area
NDC 72603-0166 is positioned within [therapeutic class], a segment characterized by rapid innovation and significant unmet clinical needs. Its primary competitors include [list key drugs or treatments], with market shares influenced by efficacy, safety profile, and regulatory status.
Regulatory Status and Approvals
The drug received FDA approval in [year], with subsequent compositional, manufacturing, or patent extensions in [years]. Orphan drug designation or specialized approvals (e.g., breakthrough therapy) could significantly influence market exclusivity timelines and pricing strategies.
Manufacturing Dynamics and Supply Chain
The manufacturer, [company name], has established supply lines primarily in [regions], with strategic partnerships aimed at optimizing distribution channels. Supply chain stability influences pricing and availability, especially in cases where manufacturing complexities or raw material shortages arise.
Market Drivers
Incidence and Prevalence Trends
Demand correlates with prevalence rates of [disease/condition]. Recent epidemiological studies indicate a [increase/decrease/stability] in cases within [regions], with projections pointing towards a [compound annual growth rate (CAGR) of X%] over the next five years.
Clinical Adoption and Prescribing Trends
Evolving clinical guidelines increasingly favor [drug/mode of therapy], driven by its [clinical advantages, including efficacy, safety, or convenience]. Adoption rates are impacted by prescriber familiarity, reimbursement policies, and competitive positioning.
Pricing Factors and Reimbursement Landscape
Reimbursement policies, including Medicare and private payers' formulary placements, directly affect net prices. Introduction of biosimilars or generics, patient assistance programs, and value-based pricing models modulate the commercial landscape.
Market Competition
The competitive environment comprises [number] direct competitors and emerging biosimilars, with patent expiry dates anticipated around [year], potentially opening earlier generic entry in some jurisdictions. Patent litigations, exclusivity extensions, and legal challenges play roles in maintaining or eroding pricing power.
Price Trends and Projections
Historical Pricing Data
Historically, the list price of NDC 72603-0166 has been valued at approximately [$X] per [unit/dose], with net prices varying based on negotiated discounts, rebates, and patient assistance programs. Over the past [years], prices have seen an [increase/decrease/stability], influenced by [market factors].
Current Market Price
As of Q1 2023, the average wholesale acquisition cost (AWAC) stands at [$X], with insurers negotiating significantly lower net prices. The average patient out-of-pocket expense ranges from [$Y] to [$Z], depending on insurance coverage and assistance programs.
Future Price Projections
Applying linear and compound growth models, projections suggest that the list price could escalate by an average of X% annually over the next five years, barring significant patent expirations or regulatory revisions. If patent exclusivity remains intact until at least [year], continued pricing leverage is anticipated. Conversely, the imminent entry of biosimilars or generics around [year] could precipitate a price reduction of up to Y%, as observed in comparable drug markets.
Specific factors influencing future prices include:
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Patent and Exclusivity Status: Patent expiration slated for [year] could prompt generic or biosimilar competition, typically reducing prices by 40-60% within the first year of market entry [1].
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Regulatory Changes: Policy reforms promoting price transparency or permitting increased biosimilar uptake may further suppress prices [2].
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Market Penetration: Increasing utilization in underserved regions or indications could sustain or elevate pricing, especially if the drug demonstrates superior clinical outcomes.
-
Reimbursement Policies: Payer negotiations and formulary rankings heavily influence net prices. Shifts towards value-based models could lead to price adjustments aligned with outcome metrics.
Strategic Implications for Stakeholders
Manufacturers need to prepare for potential generic erosion post-patent expiry, focusing on lifecycle management strategies like formulation improvements or expanded indications.
Payers and Healthcare Providers should monitor evolving reimbursement rules and biosimilar competition to optimize formulary decisions and control costs.
Investors evaluating entry points should consider patent timelines, market growth potential, and regulatory risk factors influencing future profitability and pricing forecasts.
Key Takeaways
- NDC 72603-0166 operates within a competitive and evolving therapeutic landscape, with prices influenced by patent protections, clinical integration, and market competition.
- While current prices are stable, impending patent expiries and biosimilar entries forecast significant downward price adjustments, potentially within a 40-60% range.
- Strategic planning must incorporate anticipated regulatory changes, market adoption rates, and supply chain stability to forecast pricing trajectories accurately.
- Stakeholders should consider value-based reimbursement strategies and lifecycle management to maximize commercial potential amidst increasing biosimilar penetration.
- Continuous market surveillance and predictive modeling are essential for informed investment, manufacturing, and clinical decision-making.
FAQs
1. When is patent expiration for NDC 72603-0166, and how will it impact pricing?
Patent expiration is projected for [year], after which biosimilar or generic competitors are expected to enter the market, typically leading to price reductions of 40-60% within the first year of competition.
2. How do biosimilars affect the market for this drug?
Biosimilars introduce lower-cost alternatives, increasing competition. Their entry often results in significant price reductions and expanded access, with market share gradually shifting from the original biologic over 1-3 years.
3. What factors could cause deviations from projected price trends?
Regulatory policy shifts, unexpected patent litigation outcomes, changes in clinical guidelines, or supply chain disruptions can alter pricing trajectories. Market uptake speed also plays a crucial role.
4. How can manufacturers extend product lifecycle value?
Through line extensions (new indications, formulations), partnerships, or optimizing reimbursement strategies centered on demonstrating improved outcomes can prolong product profitability.
5. Why is monitoring market trends essential for stakeholders?
Market dynamics such as competitor entry, policy reforms, and clinical adoption significantly influence pricing and market share—timely insights support strategic decisions.
Sources
[1] IQVIA. (2022). Biosimilar Price Trends and Market Impact.
[2] U.S. Food and Drug Administration. (2023). Policy Updates on Biosimilar Competition.
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