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Drug Price Trends for BRANTUSSIN DM
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Average Pharmacy Cost for BRANTUSSIN DM
Drug Name | NDC | Price/Unit ($) | Unit | Date |
---|---|---|---|---|
BRANTUSSIN DM 2-15-7.5 MG/5 ML | 71321-0700-16 | 0.04837 | ML | 2024-09-18 |
BRANTUSSIN DM 2-15-7.5 MG/5 ML | 71321-0700-16 | 0.04708 | ML | 2024-06-19 |
BRANTUSSIN DM 2-15-7.5 MG/5 ML | 71321-0700-16 | 0.05310 | ML | 2024-05-22 |
BRANTUSSIN DM 2-15-7.5 MG/5 ML | 71321-0700-16 | 0.04468 | ML | 2024-04-17 |
BRANTUSSIN DM 2-15-7.5 MG/5 ML | 71321-0700-16 | 0.04468 | ML | 2024-01-17 |
>Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
BRANTUSSIN DM Market Analysis and Financial Projection
Market Analysis and Price Projections for Brantussin DM
Introduction
Brantussin DM is a combination medication used to treat symptoms of the common cold, flu, allergies, and other respiratory illnesses. It contains dexbrompheniramine (an antihistamine), dextromethorphan (a cough suppressant), and phenylephrine (a decongestant). Here’s a comprehensive analysis of the market and price projections for Brantussin DM.
Market Context
The pharmaceutical market, particularly for over-the-counter (OTC) and prescription medications, is influenced by several factors including regulatory changes, consumer demand, and the activities of pharmacy benefit managers (PBMs).
Role of Pharmacy Benefit Managers (PBMs)
PBMs play a significant role in the pharmaceutical distribution chain, negotiating prices between manufacturers and pharmacies. Their increasing concentration and vertical integration can impact drug prices and accessibility. According to the FTC, PBMs have gained significant power over prescription drug access and prices, which can affect the market dynamics of medications like Brantussin DM[3].
Demand and Utilization
Brantussin DM is used to treat common cold and flu symptoms, which are prevalent and recurring. The demand for such medications is relatively stable, although it can fluctuate with seasonal changes and public health events.
Seasonal Demand
The demand for cold and flu medications typically peaks during the winter months. This seasonal variation can influence pricing strategies and inventory management for pharmacies and manufacturers[5].
Pricing Factors
Several factors contribute to the pricing of Brantussin DM:
Raw Material and Manufacturing Costs
The cost of raw materials and manufacturing processes can impact the final price of the medication. However, these costs are generally stable for well-established medications like Brantussin DM.
Regulatory Environment
Regulatory changes, such as labeling revisions or market withdrawals of similar products, can affect pricing. For example, the voluntary market withdrawal of infant cough and cold medications in 2007 led to changes in labeling and safety guidelines, which could influence pricing strategies[4].
Competition and Market Share
The market for cold and flu medications is competitive, with several brands and generics available. Brantussin DM competes with other combination medications, which can drive pricing decisions. The presence of generic alternatives can also impact the pricing of brand-name medications[5].
Price Projections
Given the current market trends and factors influencing drug prices, here are some key points to consider for price projections:
Overall Drug Price Inflation
Vizient projects a 3.8% increase in drug prices, driven partly by specialty pharmaceuticals. However, this projection is more relevant to high-cost, complex conditions rather than OTC medications like Brantussin DM. For OTC medications, price increases are generally more modest[2].
Impact of PBMs
PBMs can influence pricing through their negotiation power and contractual agreements. However, their impact is more significant on prescription and specialty drugs rather than OTC medications. For Brantussin DM, the pricing will be less affected by PBM activities compared to prescription medications[3].
Market Stability
The demand for cold and flu medications is relatively stable, which suggests that significant price fluctuations are unlikely. Manufacturers and retailers tend to maintain competitive pricing to ensure market share.
Conclusion on Price Projections
Given the stable demand, competitive market, and minimal impact from PBMs on OTC medications, the price of Brantussin DM is likely to remain relatively stable. Any price increases would be modest, likely in line with general inflation rates rather than the higher increases projected for specialty pharmaceuticals.
Key Takeaways
- Stable Demand: Brantussin DM benefits from consistent demand due to its use in treating common cold and flu symptoms.
- Competitive Market: The presence of multiple brands and generics keeps pricing competitive.
- Minimal PBM Impact: PBMs have less influence on OTC medication prices compared to prescription drugs.
- Modest Price Increases: Any price increases are expected to be modest, aligning with general inflation rates.
FAQs
1. What is Brantussin DM used for? Brantussin DM is used to treat symptoms such as runny or stuffy nose, sneezing, itching, watery eyes, cough, and sinus congestion caused by allergies, the common cold, or the flu[5].
2. How does the regulatory environment affect Brantussin DM pricing? Regulatory changes, such as labeling revisions or market withdrawals of similar products, can influence pricing strategies and safety guidelines, but these effects are generally minimal for established medications like Brantussin DM[4].
3. What role do PBMs play in the pricing of Brantussin DM? PBMs have a minimal impact on the pricing of OTC medications like Brantussin DM, as their influence is more significant on prescription and specialty drugs[3].
4. How does seasonal demand affect the pricing of Brantussin DM? Seasonal demand can influence inventory management and pricing strategies, but it does not typically lead to significant price fluctuations for well-established medications[5].
5. What are the expected price projections for Brantussin DM? The price of Brantussin DM is expected to remain relatively stable with modest increases, if any, aligning with general inflation rates rather than the higher increases projected for specialty pharmaceuticals[2].
Sources
- WebMD - Brantussin DM Oral: Uses, Side Effects, Interactions
- Vizient Inc. - Vizient Projects 3.8% Drug Price Increase Driven by Specialty Pharmaceuticals
- Federal Trade Commission - Pharmacy Benefit Managers: The Powerful Middlemen Inflating Drug Costs and Squeezing Main Street Pharmacies
- Texas Health and Human Services - Cough and Cold Therapeutic Class Review (TCR)
- Drugs.com - Brantussin DM Uses, Side Effects & Warnings
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