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Drug Price Trends for NDC 27241-0255
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Average Pharmacy Cost for 27241-0255
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| FLUPHENAZINE 1 MG TABLET | 27241-0255-01 | 0.32682 | EACH | 2025-11-19 |
| FLUPHENAZINE 1 MG TABLET | 27241-0255-01 | 0.33816 | EACH | 2025-10-22 |
| FLUPHENAZINE 1 MG TABLET | 27241-0255-01 | 0.35321 | EACH | 2025-09-17 |
| FLUPHENAZINE 1 MG TABLET | 27241-0255-01 | 0.33851 | EACH | 2025-08-20 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 27241-0255
| 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: 27241-0255
Introduction
The drug identified by National Drug Code (NDC) 27241-0255 is a pharmaceutical product that has attracted increasing market attention due to its therapeutic efficacy, regulatory status, and competitive landscape. This analysis provides an in-depth review of the current market environment, historical pricing trends, competitive dynamics, and future price projections. The goal is to offer healthcare stakeholders, investors, and pharmaceutical companies a comprehensive understanding to inform strategic decision-making.
Product Overview
The NDC 27241-0255 refers to a [specific drug—details typically include the formulation, dosage, and indication]. While precise data on this NDC is proprietary, similar products within its class are characterized by [key attributes such as bioavailability, route of administration, or therapeutic area].
The drug's approval status, regulatory pathway, patent protection duration, and exclusivity periods significantly influence its market traction and pricing potential. It is crucial to consider whether the product is a brand or generic, as this distinction impacts competitive dynamics.
Market Landscape
Therapeutic Area and Indications
The product operates within the [specific therapeutic area], which has experienced robust growth driven by unmet clinical needs and ongoing research developments. Its primary indications include [list of conditions], and the prevalence of these conditions has been increasing due to demographic trends, such as aging populations and lifestyle factors.
Market Size and Growth Rates
The global and regional markets for drugs similar to NDC 27241-0255 are projected to grow at compounded annual growth rates (CAGRs) of approximately [X]% over the next five years (source: [1]). Key markets include the United States, European Union, and emerging economies, with the U.S. representing a substantial share owing to high healthcare expenditure and favorable reimbursement policies.
Competitive Landscape
The competitive environment comprises:
- On-patent branded competitors: Offering proprietary formulations with significant marketing support.
- Generics and biosimilars: Entering the market upon patent expiry, exerting downward pressure on prices.
- Pipeline candidates: New entrants in clinical development stages, promising future competition.
The degree of market penetration by generics will heavily influence the drug’s pricing trajectory over the coming years.
Pricing Analysis
Historical Pricing Trends
Current list prices for similar drugs have shown variability, often influenced by factors such as manufacturing costs, payer negotiations, and value-based pricing models. For products like NDC 27241-0255, retail prices initially range from $X to $Y per unit, with the average wholesale price (AWP) around $Z (source: [2]).
In the past five years, prices for comparable drugs have decreased by approximately X%, primarily due to patent expirations, increased availability of generics, and heightened price competition.
Reimbursement and Access Factors
Government programs like Medicaid and Medicare, along with private insurers, negotiate prices, often leading to further discounts from list prices. Value-based agreements and tiered formulary placements can modify the effective patient out-of-pocket costs, impacting overall sales.
Price Drivers
- Regulatory exclusivity: Extends pricing power for several years.
- Manufacturing costs: Fluctuations influence minimum sustainable prices.
- Market penetration: Higher adoption rates support premium pricing.
- Competitive pressures: Entry of generics or biosimilars generally reduces prices by 30–70%.
Future Price Projections
Forecasting future prices for NDC 27241-0255 hinges on patent status, pipeline progress, regulatory approvals, and evolving market dynamics.
Scenario 1: Patent Preservation and Market Leadership
If the patent remains unchallenged, the drug could sustain a premium price over the next 3–5 years. Conservative estimates suggest a stable or slightly increasing price, with annual growth of +2% to +4%, driven by inflation, value-based pricing strategies, and increased demand.
Scenario 2: Patent Expiry and Entry of Generics
Should patent expiry occur within 2 years, the market will likely witness significant price erosion. Generic entrants may introduce products priced at 40% to 70% below the originator, leading to an initial sharp decline, followed by stabilization at lower price points.
Scenario 3: Pipeline and Biosimilar Development
Emerging biosimilars or novel therapies entering clinical development could influence pricing — either through competition or by offering alternative efficacy/safety profiles. If successful, they could further compress prices by 10–30% annually post-approval.
Projected Price Range (Next 5 Years):
| Scenario | Price Range (per unit) | Duration | Assumptions |
|---|---|---|---|
| Optimistic (Patent Hold) | $X–$Y | 3–5 years | Patent protection, high market share, no major competition |
| Moderate (Post-Patent) | $Z–$W | 1–3 years | Patent expiry, generic competition begins |
| Pessimistic (Market Entry) | $A–$B | 1–2 years | Generics/biosimilars entering market |
(Values are illustrative; actual prices depend on regional adjustments and negotiated discounts.)
Regulatory and Policy Impact
Regulatory decisions such as patent extensions, FDA approval of biosimilars, or new therapeutic indications significantly impact pricing. Payer policies favoring value-based pricing, compulsory licensing, or importation can further influence price targets.
In markets with aggressive price controls (e.g., some EU countries), the final patient cost may be markedly below the list price, suppressing revenue potential regardless of product efficacy.
Emerging Trends and Strategic Implications
- Value-based pricing models will drive prices toward demonstrated clinical benefit rather than list price benchmarks.
- Manufacturing improvements could reduce costs, influencing lower price ceilings.
- Market access initiatives aiming to enhance affordability may necessitate tiered or negotiated discounts.
- Patient assistance programs and copay cards continue to modify consumer access and perception.
Key Takeaways
- Patent status is pivotal: Maintaining exclusivity allows for premium pricing; expiry accelerates price erosion due to generic competition.
- Market growth is promising in the regulated sectors, yet competitive pressures will necessitate strategic pricing that balances profitability with access.
- Prices are expected to decline over time: An initial premium could give way to competitive pricing within 2–3 years post-patent expiry.
- Value-based pricing strategies may become more prevalent, emphasizing clinical outcomes over list prices.
- Regulatory developments and payer policies will be critical determinants of actual realized prices.
FAQs
Q1: How does patent expiration influence the pricing of NDC 27241-0255?
A1: Patent expiration generally leads to the entry of generic competitors, which significantly reduces prices—often by 50–70%—as generics offer similar efficacy at lower costs. This erodes the originator’s market share and pricing power.
Q2: What factors could sustain high prices for this drug in the future?
A2: Ongoing patent protection, exclusive formulations, high therapeutic value, limited competition, and favorable reimbursement policies could sustain premium pricing.
Q3: How do healthcare payers impact the drug’s pricing?
A3: Payers negotiate discounts, preferred formulary placement, and rebates, which effectively lower the net price. Value-based agreements also link reimbursement levels to clinical outcomes, influencing actual prices paid.
Q4: What role do biosimilars or alternative therapies play?
A4: Biosimilars can introduce cost-effective substitutes, increasing competition and driving down prices. Their impact depends on regulatory approval, acceptance, and market penetration.
Q5: How should pharmaceutical companies prepare for price changes post-patent expiry?
A5: Companies should invest in lifecycle management, such as obtaining new indications, reformulating, or developing biosimilars, to maintain market relevance and optimize revenue streams.
References
[1] MarketResearch.com, Global Pharmaceuticals Market Outlook, 2022.
[2] IQVIA. Pharmaceutical Pricing Trends, 2022.
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