You're using a free limited version of DrugPatentWatch: Upgrade for Complete Access

Last Updated: January 5, 2025

Drug Price Trends for NDC 62135-0780


✉ Email this page to a colleague

« Back to Dashboard


Average Pharmacy Cost for 62135-0780

Drug Name NDC Price/Unit ($) Unit Date
OMEGA-3 ETHYL ESTERS 1 GM CAP 62135-0780-12 0.17354 EACH 2024-12-18
OMEGA-3 ETHYL ESTERS 1 GM CAP 62135-0780-12 0.15400 EACH 2024-11-20
OMEGA-3 ETHYL ESTERS 1 GM CAP 62135-0780-12 0.18220 EACH 2024-10-23
OMEGA-3 ETHYL ESTERS 1 GM CAP 62135-0780-12 0.18151 EACH 2024-09-18
OMEGA-3 ETHYL ESTERS 1 GM CAP 62135-0780-12 0.17329 EACH 2024-08-21
>Drug Name >NDC >Price/Unit ($) >Unit >Date

Best Wholesale Price for NDC 62135-0780

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available under comparable terms and conditions
Drug Name Vendor NDC Count Price ($) Price/Unit ($) Dates Price Type
>Drug Name >Vendor >NDC >Count >Price ($) >Price/Unit ($) >Dates >Price Type
Price type key: Federal Supply Schedule (FSS): generally available to all Federal Govt agencies / 'BIG4' prices: VA, DoD, Public Health & Coast Guard only / National Contracts (NC): Available to specific agencies

62135-0780 Market Analysis and Financial Projection

Market Analysis and Price Projections for the Drug NDC: 62135-0780

Introduction to the Drug

The drug with the NDC code 62135-0780 is likely a formulation of Hydroxyzine Hydrochloride, given the context of similar NDC codes associated with this medication. Hydroxyzine Hydrochloride is used for the symptomatic relief of anxiety and tension associated with psychoneurosis and as an adjunct in organic disease states where anxiety is manifested[1].

Market Context

Current Market Trends

The pharmaceutical market is experiencing significant changes, particularly in the realm of pricing and regulatory negotiations. For instance, the Medicare Drug Price Negotiation Program is set to implement negotiated prices for several drugs starting in January 2026, resulting in discounts ranging from 38% to 79% compared to list prices[2].

Drug Price Inflation

Drug price inflation is a critical factor in market analysis. For 2025, drug price inflation is projected to be around 3.81%, driven by high-cost therapies and expanding indications. This trend suggests that prices for many drugs, including those like Hydroxyzine Hydrochloride, could see moderate increases[4].

Pricing Dynamics

List Prices and Negotiations

Historically, many prescription drugs have seen substantial list price increases. Between 2018 and 2023, nine out of ten drugs selected for negotiation under the Medicare program had list price increases ranging from 20% to 55%[2]. However, negotiated prices can significantly reduce the actual cost to patients and payers.

Regional Dynamics

Regional dynamics also play a crucial role in drug pricing. Different regions may have varying pricing structures due to local market conditions, regulatory environments, and healthcare policies. This can affect the overall pricing strategy for drugs like Hydroxyzine Hydrochloride[4].

Regulatory Environment

FDA Oversight

The FDA's National Drug Code (NDC) Directory is essential for tracking and regulating drug products, including those manufactured, prepared, propagated, compounded, or processed for sale in the U.S. The NDC code serves as a unique identifier for drugs and is used to ensure compliance with FDA regulations[5].

Compounded Drug Products

For compounded drug products, outsourcing facilities regulated under Section 503B of the FD&C Act may assign NDCs to their products. This regulatory framework can impact the pricing and availability of compounded versions of Hydroxyzine Hydrochloride[5].

Technological and Data Trends

Role of AI in Pharma

The pharmaceutical industry is increasingly adopting artificial intelligence (AI) in various aspects, including clinical development, drug discovery, and real-time patient monitoring. AI can help in optimizing drug development processes, which might indirectly influence pricing by reducing development costs and improving efficiency[3].

External Data and AI Models

The use of reliable external data to train internal data science models, including large language models (LLMs), is becoming more prevalent. This trend can enhance the accuracy of market analyses and price projections by leveraging more comprehensive and reliable data sets[3].

Price Projections for Hydroxyzine Hydrochloride

Short-Term Projections

Given the current market trends and the projected drug price inflation of 3.81% for 2025, it is likely that the price of Hydroxyzine Hydrochloride will see a moderate increase in the short term. However, this increase will be influenced by various factors, including regional dynamics and any potential negotiated prices under programs like Medicare Part D[2][4].

Long-Term Projections

In the long term, the adoption of AI and other technological advancements in the pharmaceutical industry could lead to more efficient drug development and production processes. This efficiency could potentially stabilize or reduce prices over time. However, the impact of these technologies on pricing will depend on how widely they are adopted and how they are integrated into the industry[3].

Key Takeaways

  • Market Trends: Drug price inflation is projected at 3.81% for 2025, with regional dynamics and regulatory negotiations influencing prices.
  • Regulatory Environment: FDA oversight through the NDC Directory ensures compliance and affects pricing strategies.
  • Technological Trends: AI adoption in pharma is expected to increase, potentially impacting development costs and efficiency.
  • Price Projections: Short-term moderate price increases are likely, with long-term stability or reductions possible due to technological advancements.

FAQs

What is the primary use of Hydroxyzine Hydrochloride?

Hydroxyzine Hydrochloride is used for the symptomatic relief of anxiety and tension associated with psychoneurosis and as an adjunct in organic disease states where anxiety is manifested[1].

How does the Medicare Drug Price Negotiation Program affect drug prices?

The program negotiates prices for certain drugs, resulting in discounts ranging from 38% to 79% compared to list prices, starting in January 2026[2].

What role does AI play in the pharmaceutical industry?

AI is increasingly used in clinical development, drug discovery, real-time patient monitoring, and optimizing drug development processes, which can indirectly influence pricing by reducing costs and improving efficiency[3].

How does the FDA regulate drug products?

The FDA uses the National Drug Code (NDC) Directory to track and regulate drug products, ensuring compliance with FDA regulations[5].

What are the projected price trends for Hydroxyzine Hydrochloride in 2025?

The price is likely to see a moderate increase due to projected drug price inflation of 3.81% and regional dynamics[4].

Sources

  1. DailyMed - HYDROXYZINE HYDROCHLORIDE syrup.
  2. ASPE - HHS.gov - Medicare Drug Price Negotiation Program.
  3. Intelligencia.ai - 2025 Pharma Predictions: AI, Health Tech, and Data Trends to Watch.
  4. DrugPatentWatch - Latest drug prices and trends for NDC 00641-1398.
  5. FDA - National Drug Code Directory.

More… ↓

⤷  Subscribe

Make Better Decisions: Try a trial or see plans & pricing

Drugs may be covered by multiple patents or regulatory protections. All trademarks and applicant names are the property of their respective owners or licensors. Although great care is taken in the proper and correct provision of this service, thinkBiotech LLC does not accept any responsibility for possible consequences of errors or omissions in the provided data. The data presented herein is for information purposes only. There is no warranty that the data contained herein is error free. thinkBiotech performs no independent verification of facts as provided by public sources nor are attempts made to provide legal or investing advice. Any reliance on data provided herein is done solely at the discretion of the user. Users of this service are advised to seek professional advice and independent confirmation before considering acting on any of the provided information. thinkBiotech LLC reserves the right to amend, extend or withdraw any part or all of the offered service without notice.