Share This Page
Drug Price Trends for NDC 64850-0642
✉ Email this page to a colleague
Average Pharmacy Cost for 64850-0642
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| ACETAMINOPHEN-COD #3 TABLET | 64850-0642-01 | 0.23491 | EACH | 2024-12-18 |
| ACETAMINOPHEN-COD #3 TABLET | 64850-0642-01 | 0.21587 | EACH | 2024-12-11 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 64850-0642
| Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
|---|---|---|---|---|---|---|---|
| >Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
64850-0642 Market Analysis and Financial Projection
Market Analysis and Price Projections for the Drug NDC: 64850-0642
Introduction to NDC Codes and Drug Identification
To understand the market analysis and price projections for a specific drug, it is crucial to start with the National Drug Code (NDC) system. The NDC is a unique 10-digit, 3-segment number that identifies the labeler, product, and trade package size of a drug. This system, managed by the FDA, ensures that each drug product is distinctly identifiable[5].
Drug Identification: NDC 64850-0642
The NDC code 64850-0642 corresponds to a specific formulation of a drug, in this case, a combination of dextroamphetamine saccharate, amphetamine aspartate, dextroamphetamine sulfate, and amphetamine sulfate. This medication is commonly used to treat Attention Deficit Hyperactivity Disorder (ADHD) and certain cases of narcolepsy[1].
Market Trends in the Pharmaceutical Industry
The pharmaceutical industry is undergoing significant transformations driven by digital advancements, scientific innovations, and regulatory changes. Here are some key trends that could impact the pricing and market dynamics of drugs like NDC 64850-0642:
Digital Transformation and Innovation
The integration of technologies such as genomics, biomarkers, and artificial intelligence (AI) is expected to boost operational efficiencies and drive breakthrough innovations. This could lead to more personalized and effective treatments, potentially affecting the demand and pricing of existing medications[3].
Pricing and Access
Pricing and access to drugs remain a significant issue in the life sciences industry. Nearly half of the C-suite executives surveyed expect pricing and access to significantly affect their strategies in 2025. This trend could influence the pricing strategies for drugs like NDC 64850-0642[3].
Competition from Generic Drugs and Biosimilars
Competition from generic drugs and biosimilars is another critical trend. With many high-revenue products facing patent expirations, the market is likely to see increased competition from generic and biosimilar alternatives. This competition can drive down prices and affect market share[3].
Price Projections
Historical Pricing Data
While specific historical pricing data for NDC 64850-0642 is not provided, general trends in the pharmaceutical market can offer insights. For instance, the overall prescription drug market is expected to grow at a CAGR of 9% through 2030, driven by increasing demand and advancements in healthcare[4].
Impact of Generic Competition
The impending patent cliff, with over $300 billion in sales at risk through 2030 due to expiring patents, suggests that drugs like NDC 64850-0642 may face increased competition from generics. This could lead to a decrease in prices as generic alternatives become available.
Regulatory and Market Factors
Regulatory changes and market dynamics, such as shifts in reimbursement policies and healthcare reforms, can also influence pricing. For example, if there are changes in how ADHD medications are reimbursed, it could affect the pricing strategy for NDC 64850-0642.
Market Analysis
Demand and Supply Dynamics
The demand for ADHD medications is expected to remain strong due to the growing awareness and diagnosis of ADHD. However, the supply side is likely to be influenced by the entry of generic competitors, which could lead to a more competitive pricing environment.
Competitive Landscape
The competitive landscape for ADHD medications is intense, with several branded and generic options available. The entry of new competitors, including biosimilars and innovative therapies, will continue to shape the market dynamics.
Price Volatility
Factors Influencing Price Volatility
Prices for pharmaceuticals can be volatile due to various factors such as changes in raw material costs, manufacturing efficiencies, regulatory approvals, and market competition. For NDC 64850-0642, any significant changes in these factors could lead to price fluctuations.
Example of Price Volatility
To illustrate, consider the price trends for another drug, oxycodone HCL (IR) 10 MG TAB, which showed price variations ranging from $0.11861 to $0.16562 per unit over different months in 2024. Similar volatility could be expected for NDC 64850-0642 based on market and regulatory changes[2].
Future Outlook
Mergers and Acquisitions
The life sciences industry is expected to see an increase in mergers and acquisitions (M&A) in 2025, driven by the need for companies to expand their product portfolios and navigate the patent cliff. This could impact the pricing and market strategy for drugs like NDC 64850-0642[3].
Personalized Medicine
Advances in genomics and biomarkers are leading to more personalized treatment options. While this trend is promising for patient outcomes, it may also lead to a shift in market demand towards more targeted therapies, potentially affecting the sales and pricing of broader-spectrum medications like NDC 64850-0642[3].
Key Takeaways
- NDC Code Significance: The NDC code 64850-0642 uniquely identifies a specific formulation of ADHD medication.
- Market Trends: Digital transformation, pricing and access issues, and competition from generics are key trends affecting the pharmaceutical industry.
- Price Projections: Prices may decrease due to generic competition and regulatory changes.
- Market Analysis: Demand for ADHD medications remains strong, but supply is influenced by generic competitors.
- Price Volatility: Prices can fluctuate based on various market and regulatory factors.
- Future Outlook: Mergers and acquisitions, and the rise of personalized medicine, will shape the market dynamics.
FAQs
-
What is the NDC code, and how does it identify a drug?
- The NDC code is a unique 10-digit number that identifies the labeler, product, and trade package size of a drug, ensuring each drug product is distinctly identifiable[5].
-
What are the key trends affecting the pricing of pharmaceuticals in 2025?
- Key trends include digital transformation, pricing and access issues, competition from generics and biosimilars, and the impact of the patent cliff[3].
-
How does the entry of generic drugs affect the pricing of branded medications?
- The entry of generic drugs typically leads to increased competition, which can drive down prices and affect the market share of branded medications[3].
-
What role does regulatory change play in the pricing of pharmaceuticals?
- Regulatory changes, such as shifts in reimbursement policies and healthcare reforms, can significantly influence the pricing strategy for pharmaceuticals[3].
-
How is the rise of personalized medicine expected to impact the market for ADHD medications?
- The rise of personalized medicine may lead to a shift in market demand towards more targeted therapies, potentially affecting the sales and pricing of broader-spectrum ADHD medications like NDC 64850-0642[3].
Sources
-
DailyMed - Drug Label Information
- National Library of Medicine | National Institutes of Health.
- https://dailymed.nlm.nih.gov/dailymed/drugInfo.cfm?setid=e677690f-790f-4626-ad78-097cdb6ea540
-
DrugPatentWatch - Latest pharmaceutical drug prices and trends
-
Deloitte Insights - 2025 life sciences outlook
-
DrugPatentWatch - Latest drug prices and trends for NDC 00054-0319
-
FDA - National Drug Code Database Background Information
More… ↓
