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Drug Price Trends for NDC 83324-0135
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Average Pharmacy Cost for 83324-0135
Drug Name | NDC | Price/Unit ($) | Unit | Date |
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QC STOOL SOFTENER-LAXATIVE TAB | 83324-0135-60 | 0.02887 | EACH | 2025-02-19 |
QC STOOL SOFTENER-LAXATIVE TAB | 83324-0135-60 | 0.02860 | EACH | 2025-01-29 |
>Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 83324-0135
Drug Name | Vendor | NDC | Count | Price ($) | Price/Unit ($) | Dates | Price Type |
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No data available in table | |||||||
>Drug Name | >Vendor | >NDC | >Count | >Price ($) | >Price/Unit ($) | >Dates | >Price Type |
Market Analysis and Price Projections for NDC 83324-0135: Senna S
Understanding the National Drug Code System
The National Drug Code (NDC) is a unique identifier for human drugs in the United States. The NDC for Senna S, 83324-0135, provides valuable information about the drug's manufacturer, product type, and package size. This code is crucial for tracking, pricing, and regulatory compliance in the pharmaceutical industry[8].
Senna S: An Overview
Senna S is a laxative medication used to treat constipation. It's available over-the-counter and is known for its effectiveness in promoting bowel movements[7].
Current Market Position
As of 2025, Senna S holds a stable position in the over-the-counter laxative market. Its accessibility and proven efficacy contribute to its consistent demand among consumers.
Pricing Trends and Mechanisms
Average Wholesale Price (AWP)
While we don't have specific AWP data for Senna S (NDC 83324-0135), we can draw insights from similar products. For instance, the AWP for NDC 83324-0099 is $87.50 per unit, placing it in the mid-range price point for similar medications[2].
Factors Influencing Pricing
Several factors affect the pricing of Senna S:
- Production costs
- Market demand
- Competition from other laxatives
- Regulatory changes
- Distribution channels
Market Growth Projections
The overall prescription drug market is expected to grow at a Compound Annual Growth Rate (CAGR) of 9% through 2030[3]. While Senna S is an over-the-counter medication, it's likely to benefit from this overall market growth.
The US pharmaceutical market is projected to grow from $846.72 billion in 2022 to $1.28 trillion by 2030, with a CAGR of 5.36%[2].
Competitive Landscape
Senna S faces competition from other over-the-counter laxatives, including:
- Bisacodyl
- Docusate sodium
- Polyethylene glycol
- Magnesium citrate
The presence of these alternatives may impact pricing strategies for Senna S.
Regulatory Environment
FDA Oversight
The FDA closely monitors the safety and efficacy of over-the-counter medications like Senna S. Any changes in FDA regulations could impact the product's market position and pricing[4].
Labeling Requirements
Accurate labeling is crucial for over-the-counter medications. The NDC plays a vital role in ensuring proper identification and tracking of Senna S throughout its lifecycle[8].
Technological Advancements
Innovations in drug manufacturing and packaging could potentially reduce production costs for Senna S, influencing its market price. Additionally, advancements in supply chain management may improve distribution efficiency.
Consumer Trends
Shift Towards Natural Remedies
There's a growing consumer preference for natural health solutions. As a plant-based laxative, Senna S may benefit from this trend, potentially leading to increased demand and stable pricing.
Online Retail Growth
The rise of e-commerce in the pharmaceutical sector could impact the distribution and pricing of Senna S. Online platforms often offer competitive pricing, which could influence overall market prices.
Price Projection Methodologies
Historical Data Analysis
Analyzing past pricing trends for Senna S and similar products can provide insights into future price movements. However, historical data for this specific NDC is limited in the provided search results.
Market Demand Forecasting
Projecting future demand for Senna S based on demographic trends, health statistics, and consumer behavior can help in estimating price changes.
Competitor Price Monitoring
Tracking the pricing strategies of competing laxative products can inform projections for Senna S.
Potential Price Scenarios
Scenario 1: Stable Pricing
If market conditions remain relatively unchanged, Senna S may maintain its current price point, adjusting only for inflation.
Scenario 2: Moderate Price Increase
Factors such as rising production costs or increased demand could lead to a moderate price increase for Senna S.
Scenario 3: Price Decrease
Increased competition or technological advancements reducing production costs could potentially lead to a price decrease.
Impact of Generic Alternatives
While Senna S is already an over-the-counter medication, the introduction of new generic alternatives could impact its pricing strategy. Manufacturers may need to adjust prices to remain competitive.
Global Market Influences
Although our focus is on the U.S. market, global trends in laxative use and pricing can indirectly influence the domestic market for Senna S.
Distribution Channel Analysis
Retail Pharmacies
Traditional brick-and-mortar pharmacies remain a significant distribution channel for Senna S. Their pricing strategies can influence overall market prices.
Online Pharmacies
The growing presence of online pharmacies may lead to more competitive pricing for Senna S, potentially putting downward pressure on prices.
Wholesale Distribution
Changes in wholesale distribution practices or consolidation in the industry could impact the pricing of Senna S at various points in the supply chain.
Marketing Strategies and Pricing
Marketing efforts for Senna S, including promotional activities and brand positioning, can influence consumer perception and, consequently, pricing strategies.
Insurance Coverage and Pricing
While Senna S is an over-the-counter medication, any changes in insurance coverage for laxatives could indirectly affect its pricing and market position.
Economic Factors
Inflation
General economic inflation will likely influence the pricing of Senna S over time. Manufacturers may adjust prices to maintain profit margins.
Healthcare Spending Trends
Overall trends in healthcare spending can impact consumer behavior and pricing strategies for over-the-counter medications like Senna S.
Supply Chain Considerations
Disruptions or improvements in the supply chain for raw materials or finished products can influence the production costs and, ultimately, the pricing of Senna S.
Demographic Shifts
Changes in population demographics, such as an aging population, could lead to increased demand for laxatives like Senna S, potentially impacting pricing.
Environmental Factors
Sustainability concerns and environmental regulations may influence production processes and packaging, potentially affecting costs and pricing.
Key Takeaways
- The NDC 83324-0135 for Senna S is crucial for tracking and pricing in the pharmaceutical industry.
- The overall pharmaceutical market is projected to grow significantly through 2030, which may indirectly benefit Senna S.
- Pricing for Senna S is influenced by factors such as production costs, market demand, competition, and regulatory changes.
- Consumer trends, including a shift towards natural remedies, may positively impact the demand for Senna S.
- Various pricing scenarios are possible, ranging from stable pricing to moderate increases or decreases, depending on market conditions.
- Distribution channels, including the growth of online pharmacies, play a significant role in pricing strategies.
- Economic factors, supply chain considerations, and demographic shifts will continue to influence the pricing of Senna S in the coming years.
FAQs
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Q: How does the NDC system impact the pricing of Senna S? A: The NDC system helps in accurate tracking and identification of Senna S, which indirectly influences pricing by ensuring proper market positioning and regulatory compliance.
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Q: What are the main factors that could lead to a price increase for Senna S? A: Rising production costs, increased demand, regulatory changes, and overall market growth in the pharmaceutical sector could potentially lead to price increases for Senna S.
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Q: How might the growing trend towards natural remedies affect Senna S pricing? A: As a plant-based laxative, Senna S may see increased demand due to this trend, which could support stable or slightly higher pricing.
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Q: What role do online pharmacies play in the pricing of Senna S? A: The growth of online pharmacies often leads to more competitive pricing, which could put downward pressure on the overall market price of Senna S.
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Q: How might future technological advancements impact the pricing of Senna S? A: Technological advancements in manufacturing and supply chain management could potentially reduce production costs, which might lead to more competitive pricing for Senna S.
Sources cited: [2] https://www.drugpatentwatch.com/p/drug-price/ndc/83324-0099 [3] https://www.drugpatentwatch.com/p/drug-price/ndc/83634-0776 [4] https://www.fda.gov/drugs/drug-approvals-and-databases/national-drug-code-directory [7] https://www.findacode.com/ndc/drugs/Senna_S [8] https://www.fda.gov/drugs/development-approval-process-drugs/national-drug-code-database-background-information
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