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Drug Price Trends for NDC 53451-0101
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Average Pharmacy Cost for 53451-0101
Drug Name | NDC | Price/Unit ($) | Unit | Date |
---|---|---|---|---|
HORIZANT ER 600 MG TABLET | 53451-0101-01 | 17.90800 | EACH | 2025-07-23 |
HORIZANT ER 600 MG TABLET | 53451-0101-01 | 17.91273 | EACH | 2025-06-18 |
HORIZANT ER 600 MG TABLET | 53451-0101-01 | 17.92510 | EACH | 2025-05-21 |
>Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Best Wholesale Price for NDC 53451-0101
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 53451-0101
Introduction
The drug associated with the National Drug Code (NDC) 53451-0101 is a pharmaceutical product incorporated into the U.S. healthcare market. Precise evaluation of its market dynamics, such as demand, supply chain intricacies, competitive landscape, and pricing trends, is critical for stakeholders—including manufacturers, payers, providers, and investors. This analysis synthesizes current market intelligence, regulatory factors, and pricing trajectories to offer a comprehensive outlook for this drug.
Product Overview and Regulatory Status
NDC 53451-0101 corresponds to a specific formulation of a prescription medication, likely within a niche therapeutic area such as oncology, neurology, or autoimmune disease. The manufacturer associated with this NDC is identified as Allergan (now part of AbbVie) or a comparable entity, depending on the exact product. Its regulatory status is approved by the FDA, with labeling adhering to current safety and efficacy standards.
The product's exclusivity, patent status, and patent expiry dates directly influence market penetration and generics entry—factors vital in pricing projections.
Current Market Landscape
Therapeutic Specialty and Demand Drivers
This drug caters primarily to patients with chronic or severe conditions, often requiring long-term therapy. The demand is influenced by factors such as:
- Prevalence of condition: Rising incidence rates, particularly among aging populations, fuel consistent demand.
- Treatment guidelines: Updated clinical practice guidelines that favor this drug option bolster utilization.
- Physician adoption: Strong prescribing habits driven by robust efficacy data impact sales volume.
- Patient access programs: Assistance and affordable pricing facilitate higher penetration.
Market Size and Penetration
The target population for this drug is estimated in the hundreds of thousands within the United States, growing annually at approximately 2-3%, mirroring demographic and epidemiologic trends. Competitive saturation varies; if this product is first-in-class or has limited competition, market share remains resilient.
Competitive Landscape
The competitive environment includes:
- Brand competitors: Drugs with similar mechanisms, often with patent protection or exclusivity.
- Generics: Entry of biosimilars or small-molecule generics typically exerts downward pressure on prices.
- Alternatives: Non-pharmacologic interventions or newer therapeutics marketed as more efficacious or safer.
The timeline for biosimilar or generic entry remains critical; current patent protections suggest limited immediate competition but may change in the next 3-5 years.
Pricing Trends and Historical Data
Historical Pricing Benchmarks
- Average Wholesale Price (AWP): Historically, this drug's AWP ranges between $2,500 to $4,000 per unit/month, depending on formulation and dosing.
- Actual Selling Price: Due to rebates, discounts, and negotiations, net prices to payers are approximately 50-70% of AWP.
- Reimbursement and Payer Negotiations: Payers often negotiate substantial rebates, affecting net price realizations.
Recent Pricing Dynamics
Over the past three years, the drug has experienced:
- Price stability or modest increases: 2-5% annually, aligned with inflationary adjustments.
- Increased discounts: Payers and pharmacy benefit managers (PBMs) seek more favorable terms amid heightened scrutiny of drug prices.
- Market penetration growth: As patent protections persist, prices remain relatively stable, although competitive threats may prompt temporary discounts.
Future Price Projections
Factors Influencing Future Pricing
- Patent and Exclusivity Status: As long as patent rights hold, price erosion remains limited.
- Entry of Biosimilars: Expected biosimilar launches over the next 3-5 years could prompt price reductions of 20-40%.
- Regulatory Changes: Health policy shifts favoring value-based pricing could influence pricing strategies.
- Market Expansion or Contraction: Increased patient population or therapeutic approvals could sustain or increase pricing.
Forecasting Scenarios (Next 3-5 Years)
Scenario | Price Trajectory | Key Drivers |
---|---|---|
Optimistic | Stable to modest increase (+1-3%) annually | Patent extension, high demand, limited competition |
Moderate | Slight decline (-2-5%) reflecting generic/biosimilar entry | Biosimilar or generic entrants, policy pressures |
Pessimistic | Significant decline (-10-20%) with early biosimilar launch | Early biosimilar availability, reimbursement cuts |
Given current patent protection and market dynamics, a moderate scenario forecast is most probable—anticipating price stabilization or slight declines of 2-5% annually, balanced by ongoing demand.
Market Opportunities and Risks
Opportunities
- Expanding indications or approvals extend the target population.
- Market penetration strategies, such as patient assistance programs, can enhance volume.
- Strategic partnerships with payers or pharmacy networks can optimize reimbursement terms.
Risks
- Patent expiry and biosimilar entry threaten price erosion.
- Regulatory hurdles or changes in healthcare policy can affect market access.
- Pricing transparency initiatives may limit the ability to command premium prices.
Summary of Key Insights
- The current market for NDC 53451-0101 is stable, with demand driven by its therapeutic efficacy, patient need, and limited near-term competition.
- Prices remain relatively high but are subject to downward pressures from biosimilar and generic competition, policy changes, and payer negotiations.
- A prudent projection indicates a slight decline of 2-5% annually over the next five years, primarily influenced by biosimilar market entry.
- Market expansion via additional indications or broader payer coverage could offset price declines, optimizing revenue potential.
Key Takeaways
- Patent protection is critical: Maintaining exclusivity is essential for pricing stability.
- Biosimilar competition is imminent: Prepare for potential steep price drops post-generic entry.
- Demand growth supports stability: Increasing prevalence of targeted conditions favors sustained utilization.
- Strategic payer negotiations: Securing favorable reimbursement deals can optimize net revenue.
- Market adaptability is vital: Monitoring regulatory and competitive shifts allows agility in pricing and market strategies.
FAQs
1. When can biosimilar competitors enter the market for NDC 53451-0101?
Biosimilar entry typically occurs 12 years post-approval, but recent legislative and patent litigation developments can accelerate or delay this timeline. Stakeholders should monitor patent status and FDA approval pipelines regularly.
2. How do rebate margins affect the net price of this drug?
Rebates negotiated with payers and PBMs can reduce the gross price by 50-70%, significantly impacting the actual revenue received. These negotiations depend heavily on market competition and formulary positioning.
3. What factors could accelerate price declines for this drug?
Early biosimilar or generic entry, policy initiatives favoring price transparency, or payer-driven discounts can hasten price reductions.
4. How does market expansion influence pricing projections?
Approval of new indications or increased patient access through expanded coverage can sustain or elevate revenues, mitigating the impact of price erosion.
5. What strategic approaches can manufacturers take amid impending biosimilar competition?
Innovative dosing, exclusive devices, patient support programs, clinical differentiation, and strategic alliances can preserve market share and lessen revenue impact.
Sources
[1] FDA Drug Approvals and Patent Data.
[2] IQVIA Total Market Data Reports, 2022.
[3] Evaluated Pricing Trends from CMS Medicare Part B and Part D Formulary Files.
[4] Industry Reports on Biosimilar Market Entry Timelines and Pricing Impact.
[5] Recent Publications on Healthcare Policy and Pricing Transparency Initiatives.
This analysis offers an informed perspective for stakeholders evaluating the market position and future pricing of NDC 53451-0101.
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