Drug Price Trends for NDC 00187-0795

Average Pharmacy Cost for 00187-0795

Drug Name	NDC	Price/Unit ($)	Unit	Date
CARDIZEM CD 120 MG CAPSULE	00187-0795-30	27.23083	EACH	2025-03-19
CARDIZEM CD 120 MG CAPSULE	00187-0795-42	27.23083	EACH	2025-03-19

Best Wholesale Price for NDC 00187-0795

These are wholesale prices available to the US Federal Government which, by law, must be the best prices available under comparable terms and conditions

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
No data available in table

Market Analysis and Price Projections for NDC 00187-0795

The pharmaceutical industry is constantly evolving, with drug prices and market trends playing a crucial role in shaping the landscape. In this comprehensive analysis, we'll delve into the market dynamics and price projections for the drug identified by National Drug Code (NDC) 00187-0795. While specific information about this particular NDC is not available in the provided search results, we can draw insights from general industry trends and similar drug analyses to provide a valuable overview.

Understanding NDC Numbers

National Drug Code (NDC) numbers are unique, three-segment identifiers assigned to human drugs in the United States. These codes play a vital role in various aspects of the pharmaceutical industry, from regulatory compliance to supply chain management[1].

Importance of NDC Numbers

NDC numbers are essential for pharmaceutical companies for several reasons:

1. Accurate Tracking: They enable precise tracking and inventory management throughout the supply chain[1].

2. Regulatory Compliance: The FDA requires NDC numbers on drug labels, packaging, and billing claims, ensuring proper classification and labeling[1].

3. Supply Chain Optimization: NDC numbers facilitate seamless communication between suppliers, manufacturers, distributors, and pharmacies[1].

4. Business Intelligence: By analyzing NDC data, companies can gain insights into market trends, demand patterns, and medication performance[1].

Market Trends in the Pharmaceutical Industry

To understand the potential market dynamics for NDC 00187-0795, it's crucial to examine broader industry trends.

Immunology and Inflammation Sector Growth

The immunology and inflammation (I&I) sector is experiencing significant growth and is expected to continue expanding in 2025. This trend is driven by advancements in understanding immune system mechanisms and the development of targeted therapies[7].

"Innovations in biologics and personalized medicine are enhancing treatment efficacy for autoimmune and inflammatory diseases, leading to increased investment and research in this area." - Natalie Dolphin, Managing Director of Investor Relations at HLTH Communications[7]

Market Size Projections

The global immunology market is projected to grow substantially:

• Valued at $97.58 billion in 2023
• Expected to reach $257.39 billion by 2032
• Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period[7]

U.S. Market Growth

The United States immunology market is anticipated to experience significant growth:

• Estimated value of $131.25 billion by 2032
• Driven by an increase in autoimmune disorder cases[7]

Factors Influencing Drug Pricing

Several factors can impact the pricing of pharmaceuticals, including the drug associated with NDC 00187-0795:

Regulatory Environment

Changes in regulatory policies can significantly affect drug pricing. Stricter rules regarding patient data and drug safety may influence pricing strategies[2].

Market Demand

The demand for a drug, based on its efficacy, safety profile, and patient needs, plays a crucial role in determining its price[2].

Competition

The presence of competitor drugs, especially generics or biosimilars, can exert downward pressure on prices[2].

Economic Conditions

Broader economic factors such as inflation, healthcare policies, and reimbursement rates can influence drug prices[2].

Price Projections Methodology

When projecting prices for a specific drug like NDC 00187-0795, analysts typically follow these steps:

1. Identify the Drug: Use the NDC Directory to find the proprietary name, non-proprietary name, and other relevant details[2].

2. Market Research: Conduct thorough market research to understand the competitive landscape, patient demand, and regulatory environment[2].

3. Analyze Pricing Trends: Examine pricing trends for similar drugs in the same therapeutic class[2].

4. Forecasting: Utilize historical data and market trends to forecast future prices, considering factors like competition, regulatory changes, and economic conditions[2].

Potential Impact of Political Shifts

The political landscape can significantly influence the pharmaceutical industry, particularly in the United States.

New Administration's Influence

The recent U.S. presidential election and subsequent appointments may affect the biotech industry:

• Potential policy shifts could impact vaccine development and approval processes
• Changes in healthcare regulations and drug pricing policies may influence merger and acquisition (M&A) activities
• New stances on alternative therapies could open up opportunities for companies in specific niches[7]

Global Biotech Market Outlook for 2025

Despite potential political uncertainties, the global biotech market shows promise:

• Projected to expand from $483.0 billion in 2024 to $546.0 billion by 2025
• Robust CAGR of approximately 13%[7]

Pricing Trends for Generic and OTC Medications

While specific information about NDC 00187-0795 is not available, it's worth noting general trends for generic and over-the-counter (OTC) medications:

• Price increases for generic and OTC medications are expected to be minimal
• Market competition and regulatory environments play a significant role in keeping prices stable[10]

Strategies for Pharmaceutical Companies

To navigate the evolving market landscape, pharmaceutical companies should consider the following strategies:

Leverage NDC Data

Utilize NDC numbers to gain valuable insights:

1. Product Differentiation: Highlight unique attributes of medications in marketing materials[1].

2. Transparency and Trust: Include NDC numbers on product labels and educational materials to build trust with healthcare professionals and patients[1].

3. Data-Driven Insights: Analyze NDC data to identify market trends, patient preferences, and prescribing patterns for targeted marketing campaigns[1].

Adapt to Market Changes

Stay agile and responsive to market dynamics:

1. Monitor Regulatory Changes: Keep abreast of policy shifts that may impact drug development, approval processes, and pricing.

2. Invest in Innovation: Focus on developing novel therapies, particularly in high-growth areas like immunology and inflammation.

3. Explore Emerging Markets: Consider expanding into new geographical regions to diversify revenue streams.

Key Takeaways

• NDC numbers play a crucial role in tracking, regulatory compliance, and business intelligence for pharmaceutical companies.
• The immunology and inflammation sector is experiencing significant growth, with projections indicating continued expansion through 2025 and beyond.
• Drug pricing is influenced by various factors, including regulatory environment, market demand, competition, and economic conditions.
• Political shifts can have a substantial impact on the pharmaceutical industry, affecting everything from drug development to pricing policies.
• Despite potential uncertainties, the global biotech market is projected to grow robustly, reaching $546.0 billion by 2025.
• Pharmaceutical companies should leverage NDC data for strategic decision-making and remain adaptable to market changes to maintain competitiveness.

FAQs

1. Q: What is an NDC number, and why is it important? A: An NDC (National Drug Code) number is a unique, three-segment identifier assigned to human drugs in the United States. It's important for accurate tracking, regulatory compliance, supply chain optimization, and business intelligence in the pharmaceutical industry.

2. Q: How might political changes affect drug pricing in the coming years? A: Political changes can influence drug pricing through new healthcare regulations, changes in drug pricing policies, and shifts in the approval processes for new medications. These factors can impact both the development costs and market prices of drugs.

3. Q: What are the projected growth trends for the immunology market? A: The global immunology market is expected to grow from $103.18 billion in 2024 to $257.39 billion by 2032, with a CAGR of 12.1%. The U.S. market alone is projected to reach $131.25 billion by 2032.

4. Q: How can pharmaceutical companies use NDC numbers to gain a competitive edge? A: Companies can use NDC numbers to differentiate their products, build trust through transparency, and gain data-driven insights into market trends and patient preferences, allowing for more targeted marketing and strategic decision-making.

5. Q: What factors should be considered when projecting drug prices? A: When projecting drug prices, analysts should consider the regulatory environment, market demand, competition from similar drugs or generics, economic conditions, and historical pricing trends for similar medications in the same therapeutic class.

Sources cited: [1] https://qualitysmartsolutions.com/blog/why-ndc-numbers-are-vital-for-pharmaceutical-companies/ [2] https://www.drugpatentwatch.com/p/drug-price/ndc/66758-0237 [7] https://www.labiotech.eu/in-depth/biotech-trends-2025/ [10] https://www.drugpatentwatch.com/p/drug-price/ndc/62559-0758