Latest drug prices and trends for NDC 00115-9941

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Drug Name	NDC	Price/Unit ($)	Unit	Date
LAMOTRIGINE ODT 100 MG TABLET	00115-9941-01	2.07661	EACH	2025-04-23
LAMOTRIGINE ODT 100 MG TABLET	00115-9941-01	2.07004	EACH	2025-04-09
>Drug Name	>NDC	>Price/Unit ($)	>Unit	>Date

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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
Drug Name	Vendor	NDC	Count	Price ($)	Price/Unit ($)	Dates	Price Type
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>Drug Name	>Vendor	>NDC	>Count	>Price ($)	>Price/Unit ($)	>Dates	>Price Type

The pharmaceutical industry is a complex and ever-evolving sector, with drug pricing and market dynamics playing crucial roles in shaping its future. In this comprehensive analysis, we'll delve into the market trends and price projections for the drug identified by National Drug Code (NDC) 00115-9941, exploring the various factors that influence its position in the pharmaceutical landscape.

Understanding the National Drug Code (NDC)

Before we dive into the specifics of NDC 00115-9941, it's essential to understand what an NDC is and its significance in the pharmaceutical industry. The National Drug Code is a unique, three-segment number assigned by the Food and Drug Administration (FDA) to human drugs in the United States[9]. It serves as a universal product identifier for drugs, playing a crucial role in various aspects of the pharmaceutical supply chain.

The Structure of NDC

The NDC consists of three segments:

Labeler Code: Assigned by the FDA to identify the drug's manufacturer, repackager, or distributor.
Product Code: Identifies the specific strength, dosage form, and formulation of the drug.
Package Code: Indicates the package size and type.

Importance of NDC in Drug Tracking and Pricing

The NDC system is integral to:

Ensuring accurate tracking and inventory management
Facilitating billing processes in healthcare settings
Maintaining supply chain security
Supporting drug safety and recall procedures

"The NDC plays a critical role in ensuring accurate tracking, inventory management, and billing processes. Automated systems in clinics, hospitals, and pharmacies rely on NDCs to manage drug distribution and supply chain security. This efficiency can help in maintaining stable prices by reducing errors and inefficiencies in the supply chain[1]."

Market Analysis for NDC 00115-9941

While specific details about the drug corresponding to NDC 00115-9941 are not provided in the search results, we can analyze the general market trends and factors that would influence its pricing and market position.

Current Market Trends

The pharmaceutical market is experiencing several significant trends that could impact the drug associated with NDC 00115-9941:

Increasing Focus on Specialty Pharmaceuticals: Specialty drugs, which treat complex or chronic conditions, are driving a significant portion of drug spending growth[6].
Rise of Immunology and Inflammation (I&I) Sector: The I&I sector has seen substantial investment and is expected to continue growing in 2025[7].
Advancements in Biologics and Personalized Medicine: These innovations are enhancing treatment efficacy for various diseases, leading to increased investment and research[7].
Artificial Intelligence and Health Tech Integration: The adoption of AI in drug development and market analysis is transforming the industry, potentially leading to more efficient and cost-effective drug production[3].

Regulatory Environment

The regulatory landscape plays a crucial role in shaping drug pricing and market dynamics:

Medicare Drug Price Negotiation Program: Set to begin in 2026, this program will negotiate prices for high-expenditure drugs, potentially reducing costs for Medicare enrollees and taxpayers[2].
FDA Approval Process: The FDA's rigorous approval process, including safety and efficacy reviews, impacts a drug's market entry and positioning[9].
NDC Number Restructuring: The FDA is considering changes to the NDC format due to running out of numbers, which could have wide-ranging impacts on the industry[1].

Price Projections and Market Forecast

While specific price projections for NDC 00115-9941 are not available without more information about the drug, we can examine general trends and factors influencing pharmaceutical pricing:

Overall Drug Price Inflation

Vizient, Inc. projects drug price inflation to grow at 3.8% in their latest Pharmacy Market Outlook, the highest projected increase since July 2019[6].

Specialty Pharmaceuticals

The projected price increase for specialty medications is 4.18%[6]. If NDC 00115-9941 falls into this category, it may experience similar price trends.

Competitive Landscape

The presence of generics, biosimilars, and competing therapies can significantly impact pricing. For instance, in the Non-Small Cell Lung Cancer (NSCLC) market, the introduction of generics has led to price declines for some drugs while others maintain premium pricing[4].

Negotiated Prices

The introduction of negotiated prices, such as those under the Medicare Drug Price Negotiation Program, can lead to substantial discounts. For the first cycle of negotiation, discounts ranged from 38% to 79% compared to list prices[2].

Factors Influencing Market Position

Several key factors will influence the market position of NDC 00115-9941:

Therapeutic Class and Market Segment

The drug's therapeutic class and specific market segment will significantly impact its demand and pricing power. High-demand areas like oncology, diabetes, or rare diseases often command premium prices[2].

Innovation and Efficacy

The level of innovation and efficacy compared to existing treatments will be crucial. Breakthrough therapies or those addressing unmet medical needs often have stronger market positions.

Patent Status and Exclusivity

The drug's patent status and any exclusivity periods granted by the FDA will affect its market exclusivity and potential for generic competition.

Manufacturing Costs and Supply Chain Efficiency

Efficient manufacturing processes and a robust supply chain can help maintain competitive pricing while ensuring profitability.

Reimbursement Policies

Insurance coverage and reimbursement policies, particularly those of large payers like Medicare and Medicaid, will significantly impact the drug's accessibility and market penetration.

Strategies for Market Success

To maximize the market potential of NDC 00115-9941, consider the following strategies:

Value-Based Pricing: Align pricing with the drug's demonstrated clinical value and cost-effectiveness.
Strategic Partnerships: Collaborate with healthcare providers, payers, and patient advocacy groups to enhance market access and adoption.
Robust Clinical Data: Invest in comprehensive clinical trials and real-world evidence to support the drug's efficacy and safety profile.
Patient Support Programs: Develop programs to assist patients with access and adherence, enhancing the drug's value proposition.
Digital Health Integration: Leverage digital health technologies to improve patient outcomes and demonstrate the drug's value in real-world settings.

Future Outlook

The pharmaceutical industry is poised for significant changes in the coming years:

Personalized Medicine: Advancements in genomics and biomarkers will drive more targeted therapies.
AI-Driven Drug Discovery: Artificial intelligence will play an increasingly important role in identifying new drug candidates and optimizing clinical trials.
Biosimilars and Generic Competition: The entry of more biosimilars and generics will continue to put pressure on branded drug prices.
Regulatory Evolution: Ongoing changes in healthcare policies and regulations will shape the industry's landscape.
Global Market Dynamics: Emerging markets and international pricing pressures will influence global pharmaceutical strategies.

Key Takeaways

The pharmaceutical market is experiencing significant growth in specialty drugs and the immunology and inflammation sector.
Drug price inflation is projected to grow at 3.8%, with specialty medications seeing a 4.18% increase.
Regulatory changes, such as the Medicare Drug Price Negotiation Program, will significantly impact drug pricing strategies.
The market position of NDC 00115-9941 will depend on factors like its therapeutic class, innovation level, patent status, and reimbursement policies.
Successful market strategies should focus on value-based pricing, strategic partnerships, robust clinical data, and patient support programs.
The future of pharmaceuticals will be shaped by personalized medicine, AI-driven drug discovery, and evolving regulatory landscapes.

FAQs

Q: How does the National Drug Code (NDC) impact drug pricing? A: The NDC plays a crucial role in accurate tracking, inventory management, and billing processes, which can help maintain stable prices by reducing errors and inefficiencies in the supply chain.
Q: What is the projected drug price inflation for 2025? A: According to Vizient, Inc., drug price inflation is projected to grow at 3.8% in their latest Pharmacy Market Outlook.
Q: How might the Medicare Drug Price Negotiation Program affect drug prices? A: The program, set to begin in 2026, will negotiate prices for high-expenditure drugs, potentially leading to significant discounts ranging from 38% to 79% compared to list prices.
Q: What role does artificial intelligence play in the pharmaceutical industry? A: AI is increasingly being used in drug discovery, clinical trial optimization, and market analysis, potentially leading to more efficient and cost-effective drug production.
Q: How do specialty pharmaceuticals impact overall drug pricing trends? A: Specialty pharmaceuticals are a major driver of drug spending growth, with a projected price increase of 4.18%, higher than the overall drug price inflation rate.

Sources cited:

Drug Price Trends for NDC 00115-9941

Average Pharmacy Cost for 00115-9941

Best Wholesale Price for NDC 00115-9941

Market Analysis and Price Projections for NDC 00115-9941: Navigating the Pharmaceutical Landscape