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Drug Price Trends for GEMMILY
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Average Pharmacy Cost for GEMMILY
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| GEMMILY 1 MG-20 MCG CAPSULE | 70700-0152-85 | 0.86521 | EACH | 2025-03-19 |
| GEMMILY 1 MG-20 MCG CAPSULE | 70700-0152-84 | 0.86521 | EACH | 2025-03-19 |
| GEMMILY 1 MG-20 MCG CAPSULE | 70700-0152-85 | 0.83457 | EACH | 2025-02-19 |
| GEMMILY 1 MG-20 MCG CAPSULE | 70700-0152-84 | 0.83457 | EACH | 2025-02-19 |
| GEMMILY 1 MG-20 MCG CAPSULE | 70700-0152-85 | 0.79458 | EACH | 2025-01-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Market Analysis and Price Projections for Gemmily
Introduction to Gemmily
Gemmily is a combined oral contraceptive (COC) that contains norethindrone acetate and ethinyl estradiol, along with ferrous fumarate. It is used for birth control and is available in a 28-day regimen consisting of 24 active hormonal capsules and 4 non-hormonal placebo capsules containing ferrous fumarate[1][4].
Market Position and Demand
Gemmily is part of the contraceptives drug class, which is a well-established and consistently in-demand market segment. The demand for oral contraceptives is driven by the need for effective birth control methods, particularly among women of reproductive age. Given its bioequivalence to other norethindrone acetate and ethinyl estradiol tablets, Gemmily competes in a market with several similar products, but its specific formulation and packaging can influence its market share[1][4].
Pricing and Cost Analysis
Current Pricing
As of the latest data, the cost for Gemmily (with iron 20 mcg-1 mg) oral capsules is approximately $560 for a supply of 84 capsules. This price is for cash-paying customers and does not include discounts or insurance coverage. The use of discount cards, such as the Drugs.com Discount Card, can reduce the cost significantly, up to 80% in some cases[2].
Comparative Pricing
The pricing of Gemmily is comparable to other combined oral contraceptives on the market. However, prices can vary significantly depending on the pharmacy, location, and availability of generic versions. The generic version of Gemmily, which contains ethinyl estradiol and norethindrone, is also available and can offer a more affordable option for patients[2].
Factors Influencing Pricing
Regulatory Environment
The pricing of pharmaceuticals, including Gemmily, is influenced by regulatory policies. For instance, the 2022 Inflation Reduction Act (IRA) has introduced provisions that allow Medicare to negotiate prices for certain prescription drugs, although Gemmily is not currently one of the drugs selected for negotiation. However, broader changes in healthcare policy and drug pricing regulations can impact the overall market dynamics and pricing strategies for pharmaceutical companies[5].
Competition and Market Dynamics
The market for oral contraceptives is competitive, with multiple brands and generic options available. The presence of generic versions of Gemmily can drive down prices as they offer a more affordable alternative. Additionally, consumer behavior, such as the use of discount cards and coupons, can also influence pricing and market share[2].
Supply Chain and Manufacturing Costs
The cost of manufacturing, distribution, and marketing can also affect the final price of Gemmily. Factors such as raw material costs, production efficiency, and distribution networks play a crucial role in determining the wholesale price, which is then passed on to consumers[4].
Price Projections
Short-Term Projections
In the short term, the price of Gemmily is likely to remain stable, influenced by current market conditions and the availability of generic alternatives. However, any changes in regulatory policies or significant shifts in market demand could lead to price adjustments.
Long-Term Projections
In the long term, several factors could influence the pricing of Gemmily:
- Generic Competition: As more generic versions become available, prices are likely to decrease.
- Regulatory Changes: Future changes in healthcare policies, such as expanded price negotiation powers for Medicare, could impact the pricing landscape.
- Market Demand: Changes in consumer preferences or demographic shifts could affect demand and subsequently influence pricing.
Potential Price Reductions
Given the competitive nature of the market and the potential for increased generic competition, it is plausible that the price of Gemmily could decrease over time. For example, if Medicare's price negotiation efforts expand to include more drugs, it could set a precedent for lower prices across the board, including for contraceptives like Gemmily[5].
Key Takeaways
- Current Pricing: Gemmily costs around $560 for a 3-month supply, with potential discounts available through various programs.
- Market Dynamics: The market for oral contraceptives is competitive, with multiple brands and generic options influencing prices.
- Regulatory Impact: Changes in healthcare policies, such as those introduced by the IRA, can impact pricing strategies and market dynamics.
- Long-Term Projections: Prices may decrease due to increased generic competition and potential regulatory changes.
FAQs
Q: What is Gemmily used for?
A: Gemmily is used for birth control and contains norethindrone acetate and ethinyl estradiol, along with ferrous fumarate.
Q: How much does Gemmily cost?
A: The cost for Gemmily is approximately $560 for a supply of 84 capsules, but prices can vary and discounts are available.
Q: Are there generic versions of Gemmily available?
A: Yes, generic versions of Gemmily containing ethinyl estradiol and norethindrone are available and can offer a more affordable option.
Q: What factors influence the pricing of Gemmily?
A: Pricing is influenced by regulatory policies, competition from other brands and generics, supply chain costs, and market demand.
Q: Will the price of Gemmily change in the future?
A: Prices could change due to increased generic competition, regulatory changes, and shifts in market demand.
Sources
- DailyMed - Gemmily- norethindrone acetate and ethinyl estradiol, and ferrous fumarate kit.
- Drugs.com - Gemmily Prices, Coupons, Copay Cards & Patient Assistance.
- Milliman - Complexities in forecasting eligible cases and associated costs of cell and gene therapy.
- Drugs.com - Gemmily: Package Insert / Prescribing Information.
- Commonwealth Fund - Prices of Drugs Medicare Is Negotiating.
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