Drug Price Trends for BROMPHENIR-PSEUDOEPHED-DM SYR

BROMPHENIR-PSEUDOEPHED-DM SYR Market Analysis and Financial Projection

Market Analysis and Price Projections for Brompheniramine-Pseudoephedrine-DM Syrup

Introduction

Brompheniramine-pseudoephedrine-DM syrup is a widely used medication for relieving symptoms of the common cold and allergies, including cough, sneezing, and nasal congestion. This analysis will delve into the market dynamics, pricing, and future projections for this medication.

Therapeutic Uses and Forms

Brompheniramine-pseudoephedrine-DM syrup is classified as an antihistamine, decongestant, and cough suppressant. It is available in oral syrup and oral solution forms and is administered by mouth to provide relief from coughs, sneezing, and nasal congestion due to allergies or the common cold[4].

Market Segmentation

The market for brompheniramine-pseudoephedrine-DM syrup can be segmented into several key areas:

Regional Analysis

The global market for brompheniramine is segmented into regions such as North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific region is expected to experience significant growth due to increasing demand for over-the-counter (OTC) medications[3].

Distribution Channels

The medication is available through both prescription and OTC channels. This dual availability impacts pricing and accessibility, with OTC options often being more cost-effective[4].

Pricing and Cost Analysis

Retail Prices

Without insurance, the cost of brompheniramine-pseudoephedrine-DM syrup can vary significantly. A 118 mL (4 oz.) bottle of the syrup typically costs around $40, containing 30 mg of pseudoephedrine, 2 mg of brompheniramine, and 10 mg of dextromethorphan per 5 mL dose[1][2].

Discount Programs and Coupons

Discount programs such as SingleCare and BuzzRx offer substantial savings. For example, a SingleCare savings card can reduce the price of a 4 oz. bottle to as low as $3, and a BuzzRx coupon can save up to 80% off the retail price[1][5].

Comparison with Related Drugs

The prices of brompheniramine-pseudoephedrine-DM syrup are comparable to other medications in the same therapeutic class. For instance, Mucinex DM and Promethazine DM have similar pricing structures, with discounts available through various coupon programs[1].

Insurance Coverage

Prescription Drug Insurance

Brompheniramine-pseudoephedrine-DM is not commonly covered by prescription drug insurance or Medicare Part D, although some exceptions exist, such as certain Humana plans. Some Medicaid plans may also cover the medication[1].

Copay Tiers

When covered, the medication is often classified in lower copay tiers, resulting in minimal out-of-pocket costs for patients[1].

Market Trends and Projections

Global Market Growth

The global brompheniramine market is expected to witness significant growth in the near future, driven by increasing demand for OTC medications and the expanding hospital segment. The oral solution segment, in particular, is projected to experience substantial growth[3].

Key Players

Companies like Pfizer and PAI are focusing on strengthening their product portfolios and expanding their business in the global market. This strategic focus is likely to influence market dynamics and pricing[3].

Cost-Saving Strategies

Using Discount Programs

Utilizing discount programs like SingleCare and BuzzRx can significantly reduce the cost of the medication. For example, a SingleCare savings card can save $35 off the average retail price for a 4 oz. bottle[1][5].

Shopping for the Lowest Price

Comparing prices across different pharmacies can also help in finding the best deals. SingleCare’s pricing history tool can assist in quickly identifying lower prices[1].

Considering OTC Alternatives

All the active ingredients in brompheniramine-pseudoephedrine-DM are available OTC at lower prices. Consulting a healthcare provider about these alternatives can be a cost-effective strategy[1].

Consumer Impact

Accessibility and Affordability

The availability of discount programs and OTC alternatives makes the medication more accessible and affordable for consumers without insurance. However, the variability in pricing and coverage can still pose challenges for some patients[1][2].

Key Takeaways

• Pricing: Without insurance, a 118 mL bottle of brompheniramine-pseudoephedrine-DM syrup costs around $40, but can be significantly reduced with discount programs.
• Insurance Coverage: The medication is not commonly covered by insurance, but some exceptions exist.
• Market Growth: The global market is expected to grow, driven by demand for OTC medications.
• Cost-Saving Strategies: Using discount programs, shopping for the lowest price, and considering OTC alternatives can reduce costs.

FAQs

Q: Is brompheniramine-pseudoephedrine-DM syrup covered by insurance?

A: It is not commonly covered by prescription drug insurance or Medicare Part D, but some exceptions exist, such as certain Humana plans and some Medicaid plans[1].

Q: How much does brompheniramine-pseudoephedrine-DM syrup cost without insurance?

A: Without insurance, a 118 mL bottle of the syrup typically costs around $40[1][2].

Q: What are some cost-saving strategies for purchasing brompheniramine-pseudoephedrine-DM syrup?

A: Using discount programs like SingleCare and BuzzRx, shopping for the lowest price, and considering OTC alternatives can significantly reduce costs[1][5].

Q: What are the therapeutic uses of brompheniramine-pseudoephedrine-DM syrup?

A: It is used to relieve coughs, sneezing, and nasal congestion due to allergies or the common cold[4].

Q: Are there any brand-name versions of brompheniramine-pseudoephedrine-DM syrup?

A: Yes, brand-name versions include Bromfed DM, Brotapp DM, Dimaphen DM, Dimetapp Cold & Cough, and Rynex DM[4].

Sources

1. SingleCare: "Pseudoeph-bromphen-dm without insurance - SingleCare"
2. Drugs.com: "Brompheniramine / dextromethorphan / pseudoephedrine prices"
3. Cognitivemarketresearch.com: "Brompheniramine Market Report 2024 (Global Edition)"
4. BuzzRx: "Brompheniramine-Pseudoephed-Dm Details and Information"
5. BuzzRx: "Brompheniramine-Pseudoephed-Dm Coupon - Discounts up to 80%"