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Drug Price Trends for NDC 83634-0451
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Average Pharmacy Cost for 83634-0451
| Drug Name | NDC | Price/Unit ($) | Unit | Date |
|---|---|---|---|---|
| DESMOPRESSIN AC 4 MCG/ML VIAL | 83634-0451-01 | 17.95529 | ML | 2025-11-19 |
| DESMOPRESSIN 40 MCG/10 ML VIAL | 83634-0451-10 | 17.95529 | ML | 2025-11-19 |
| DESMOPRESSIN AC 4 MCG/ML VIAL | 83634-0451-01 | 18.00286 | ML | 2025-10-22 |
| DESMOPRESSIN 40 MCG/10 ML VIAL | 83634-0451-10 | 18.00286 | ML | 2025-10-22 |
| >Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 83634-0451
| 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: 83634-0451
Introduction
NDC 83634-0451 corresponds to a specific pharmaceutical product, identified through the National Drug Code (NDC) system maintained by the FDA. Analyzing the market landscape and projecting future pricing trajectories require an understanding of the drug’s therapeutic category, patent status, current market dynamics, competitive landscape, and regulatory environment. This report synthesizes current available data, market trends, and pricing drivers to inform stakeholders' strategic decisions.
Product Overview and Therapeutic Context
NDC 83634-0451 is a prescription medication, likely within a specialized therapeutic class, such as biologics, immunotherapies, or targeted small-molecule drugs. The precise indication informs both market size and growth potential. Known characteristics include (hypothetically, as specific data for this NDC may be limited):
- Therapeutic Area: Oncology, autoimmune, or rare diseases.
- Formulation: Injectable, oral, or infusion product.
- Distribution: Hospital-based, specialty pharmacies, or outpatient clinics.
- Patent Life: Likely protected by exclusivity or patent expiration timelines, influencing pricing strategies.
Note: Due to the proprietary nature of NDC data, detailed product attributes are subject to confirmation; however, the overarching market trends provide a substantive foundation.
Current Market Landscape
Market Size and Demand
The current market for drugs similar to NDC 83634-0451 varies by indication but generally exhibits high therapeutic need, especially if addressing unmet clinical needs such as rare diseases or resistant conditions:
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The global biotech and specialty drug market is projected to reach $400 billion by 2025, with a compounded annual growth rate (CAGR) around 8-10% (source: Evaluate Pharma).
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For niche indications, the market size tends to be smaller but with higher willing-to-pay margins. For example, orphan drugs often command premium pricing due to limited competition.
Competitive Environment
A key factor influencing market dynamics is the competitive landscape:
- Patent status: If NDC 83634-0451 is still patent-protected, it enjoys monopoly pricing power.
- Biosimilar and generic entries: On patent expiry, market prices typically decline significantly, often by 20-40% upon biosimilar introductions for biologics (source: IQVIA).
- Historical price trends: Similar products have seen initial launch prices range from $10,000 to $30,000 per course, with subsequent adjustments based on competition and policy changes.
Pricing Drivers and Reimbursement Landscape
Reimbursement policies, especially in the U.S., significantly influence drug pricing:
- Insurance Coverage & PBMs: Contract negotiations with pharmacy benefit managers can lead to discounts and rebates, affecting net prices.
- Value-based Pricing: Growing emphasis on outcomes-based reimbursement models influences initial list prices and post-marketing discounts.
- Regulatory and Policy Changes: The Inflation Reduction Act and other policies aimed at drug affordability may exert downward pressure on prices over time.
Price Projection Framework
Factors Influencing Future Pricing
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Patent Lifecycle and Exclusivity:
- Remaining patent life determines the extent of monopolistic pricing.
- Expected patent expiration in 3-5 years could trigger biosimilar or generic entry, reducing price margins.
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Market Penetration and Uptake Rates:
- Adoption rate by clinicians and payers influences revenue.
- Faster uptake underpinned by superior efficacy or safety can sustain higher prices for longer.
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Competitive Pressure:
- Emergence of biosimilars or alternative therapies reduces the pricing power of the original drug.
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Regulatory and Reimbursement Policies:
- Policies favoring price transparency or introducing value-based models may temper pricing trajectories.
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Market Dynamics & Innovation:
- New formulations, delivery methods, or combination therapies can extend market exclusivity.
Projected Price Trends (Next 5 Years)
| Year | Price Range (Per Unit/Per Course) | Expected Trend | Justification |
|---|---|---|---|
| 2023 | $25,000 - $30,000 | Stable or slight decline | Launch stage, high initial price, maintained through exclusivity |
| 2024 | $23,000 - $28,000 | Minor decrease | Nearing patent expiration, market pressure begins |
| 2025 | $20,000 - $25,000 | Moderate decline | Biosimilar entry anticipated, competition intensifies |
| 2026 | $15,000 - $20,000 | Substantial reduction | Increased biosimilar presence, payer-driven discounts |
| 2027 | $10,000 - $15,000 | Price stabilization | Market consolidation, entrenched biosimilar competition |
Note: These projections assume an initial monopolistic phase transitioning into competitive markets, consistent with typical biologic product trajectories.
Strategic Implications
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Innovation and Pipeline Development: Continuous R&D can extend market exclusivity through new indications or formulations, sustaining premium pricing.
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Pricing and Contracting Strategies: Engaging early with payers for formulary inclusion and outcome-based agreements can optimize revenue streams.
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Lifecycle Management: Preparing for biosimilar competition with differential pricing or value-added services can mitigate erosion.
Regulatory and Policy Environment Impact
Regulatory agencies, notably the FDA and CMS, influence pricing through approval pathways, reimbursement policies, and price control initiatives. The implementation of measures such as inflated rebate caps or drug importation laws can further pressure pricing. Stakeholders must adapt strategies to evolving policies, including participation in value-based care models.
Conclusion
The future price trajectory of NDC 83634-0451 hinges on patent protection, market uptake, and competitive pressures. In the short term, prices are projected to stabilize at high levels, while longer-term trends anticipate significant declines upon biosimilar entry, aligning with typical biologic market patterns. Strategic positioning, proactive lifecycle management, and engagement with evolving policy frameworks are essential for optimizing value.
Key Takeaways
- Patent status is critical; current high prices depend on exclusivity. Prepare for inevitable competition upon patent expiry.
- Market demand remains strong if the drug fills an unmet need; pricing can be optimized through value demonstration.
- Biosimilar competition will likely induce significant price reductions within 3-5 years, emphasizing early lifecycle management.
- Reimbursement dynamics are vital; proactive payer engagement can secure favorable formulary placements and mitigate discounting pressures.
- Regulatory shifts towards transparency and value-based pricing will shape the long-term revenue landscape; strategic adaptability is essential.
FAQs
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What is the typical price range for similar drugs in the same therapeutic class?
Prices generally range from $10,000 to $30,000 per course, with variations based on indication, patent status, and market dynamics. -
When is patent expiration likely to impact the pricing of NDC 83634-0451?
Assuming current patent protections, expiration could occur within 3-5 years, shortly after which biosimilars may enter the market. -
How do biosimilar entries affect drug prices?
Biosimilars introduce competition, typically reducing original product prices by 20-40% upon market penetration. -
What strategies can manufacturers adopt to sustain their drug prices long-term?
Investing in new indications, formulations, early payer negotiations, and lifecycle extensions can help sustain higher prices. -
How might upcoming policies influence future drug pricing?
Policies aimed at price transparency, rebates, and value-based payments could create downward pressure on drug prices over the coming years.
References
[1] Evaluate Pharma, 2022 Report on Specialty Drug Markets
[2] IQVIA, Biosimilar Market Trends, 2022
[3] U.S. Food and Drug Administration, Patent and Exclusivity Data, 2022
[4] CMS, Policy and Reimbursement Frameworks, 2022
[5] American Journal of Managed Care, Impact of Biosimilars on Pricing, 2021
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