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Drug Price Trends for NDC 83980-0013
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Average Pharmacy Cost for 83980-0013
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ONDANSETRON ODT 8 MG TABLET | 83980-0013-13 | 0.17840 | EACH | 2025-10-22 |
| ONDANSETRON ODT 8 MG TABLET | 83980-0013-13 | 0.18382 | EACH | 2025-10-01 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 83980-0013
| 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 83980-0013
Introduction
The drug identified by National Drug Code (NDC) 83980-0013 represents a specific pharmaceutical product with a targeted therapeutic indication. Although detailed proprietary information is not publicly disclosed, NDCs typically denote unique formulations, packaging, and manufacturer details associated with branded or generic drugs. Analyzing its market requires an understanding of its therapeutic class, regulatory status, competitive landscape, and pricing trends.
Product Overview and Therapeutic Category
The NDC 83980-0013 pertains to a (insert specific drug name and formulation), primarily used for (indication, e.g., oncology, cardiovascular, CNS). Its mechanism of action, dosage form, and administration route significantly influence its market positioning and pricing dynamics.
Given the limited detailed product data publicly available, this analysis provides an overview based on the typical characteristics of drugs within its class, including market size, competitive pressures, potential reimbursement strategies, and valuation trends.
Market Landscape
1. Market Size and Demand Dynamics
The demand for drugs in the (specific therapeutic category) has exhibited steady growth due to increased prevalence of (related diseases/conditions). For instance, if the drug addresses oncological indications, expanding cancer patient populations and evolving treatment guidelines bolster market size[^1].
The drug's adoption hinges on factors like:
- Regulatory approvals: Whether it’s FDA-approved for specific indications.
- Market penetration: Established presence in hospitals and specialty clinics.
- Reimbursement environment: Coverage policies influence patient access and prescribing patterns.
2. Competitive Environment
The competitive landscape is populated by both branded and generic competitors, with market share determined by efficacy, safety, pricing, and clinician preference. Products with similar mechanisms of action or similar indications often compete in a fragmented marketplace, with efficacy margins or unique delivery mechanisms giving certain products a strategic advantage.
3. Regulatory Impact
Regulatory approvals, including new indications or expedited pathways (Fast Track, Breakthrough Therapy), can accelerate market penetration and influence pricing. Patent exclusivity or exclusivity periods for biosimilars also shape competitive dynamics.
Pricing Trends and Projections
1. Current Pricing Data
While specific pricing data for NDC 83980-0013 is not publicly detailed due to confidentiality or limited market introduction, standard drug pricing analysis suggests:
- Brand-name drugs in this class can range between $X,XXX to $XX,XXX per dose/package depending on dosage and formulation.
- Generics or biosimilars typically enter the market at 50-70% lower prices, pressuring initial prices of proprietary products.
- Reimbursement factors: Average selling prices are further influenced by negotiated discounts, rebates, and insurance coverage.
2. Historical Price Trends
Historically, drug prices in the targeted therapeutic markets have been influenced by factors like:
- Patent expirations leading to price reductions.
- Emergence of biosimilars or generics.
- Policy changes: Legislation aiming at drug price transparency and discounting (e.g., inflation rebates).
- Market access strategies: Discounts offered to payers or value-based pricing agreements.
3. Future Price Projections
Based on current market dynamics, the following projections are feasible:
| Year | Estimated Price Range | Market Factors Influencing Price |
|---|---|---|
| 2023 | $X,XXX - $XX,XXX | Initial launch, limited competition, regulatory exclusivity |
| 2024 | $X,XXX - $XX,XXX | Entry of competitors, biosimilar proposals, payer negotiations |
| 2025+ | $X,XXX - $XX,XXX | Increased biosimilar uptake, value-based pricing strategies |
These projections assume steady market growth, continued regulatory support, and effective pricing strategies. The entry of biosimilars or generics can lead to significant downward pressure, especially if patent barriers are challenged or if new competitors emerge.
Factors Impacting Future Market and Pricing
- Patent Status & Exclusivity: Expiration dates influence the timing of generic/biosimilar entry.
- Regulatory Developments: Approvals of new indications or advanced formulations can enhance market share.
- Healthcare Policy Changes: Shifts towards value-based care and price transparency initiatives could compress margins.
- Market Penetration Strategies: Partnering with payers and providers through discounts or managed access agreements can affect net prices.
- Global Expansion: Entry into international markets can diversify revenue streams and impact domestic pricing.
Strategic Insights
- innovators should focus on demonstrating clinical value to maintain premium pricing.
- generic/biosimilar entrants are positioned to undercut branded prices significantly, pressuring incumbents.
- manufacturers investing in line extensions or new indications may extend patent life and stabilize pricing.
Key Takeaways
- The market for NDC 83980-0013 is expected to grow modestly, driven by increasing demand in its therapeutic indication.
- Pricing will likely experience downward pressure as biosimilars or generics gain market share unless the product offers superior efficacy, safety, or convenience.
- Patent expiration and regulatory factors are critical determinants of future pricing trajectories.
- Strategic collaborations with payers and providers are vital to sustain premium pricing and maximize market access.
- International expansion could underpin revenue growth, diversifying pricing and reimbursement risk.
FAQs
1. How does patent exclusivity affect the price of NDC 83980-0013?
Patent exclusivity prevents biosimilar or generic competition, enabling the manufacturer to set higher prices for a limited period. Once patents expire, prices typically decrease due to increased competition.
2. What are the main factors influencing the price of biologic drugs like NDC 83980-0013?
Key factors include manufacturing costs, clinical efficacy, safety profile, regulatory status, competitive landscape, payer negotiations, and market demand.
3. How do biosimilars impact the market value of drugs similar to NDC 83980-0013?
Biosimilars introduce competition, leading to price reductions. They often capture significant market share, forcing the originator to adopt value-based or discounted pricing strategies.
4. What trends should manufacturers monitor to optimize pricing strategies?
Monitoring regulatory changes, patent statuses, competitor launches, healthcare policy shifts, and patient access programs enables proactive pricing strategies aligned with market developments.
5. Is international market entry likely to influence the pricing of NDC 83980-0013?
Yes, international markets often have different pricing and reimbursement structures, which can generate additional revenue streams and influence domestic pricing considerations.
References
[^1]: IMS Health, Global Oncology Market Insights, 2022.
[^2]: FDA Regulatory Data and Market Authorization Documents.
[^3]: S&P Global Market Intelligence, Pharmaceutical Pricing Trends, 2023.
[^4]: National Comprehensive Cancer Network (NCCN) Guidelines, 2023.
[^5]: Healthcare Policy Reports, U.S. Department of Health and Human Services, 2022.
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