Overview of OxyContin
OxyContin, with the NDC code 59011-0480, is an extended-release formulation of oxycodone hydrochloride, a potent opioid analgesic used for the management of moderate to severe pain. It is manufactured by Purdue Pharma L.P.
Current Pricing
As of recent disclosures, the Wholesale Acquisition Cost (WAC) for OxyContin 80mg extended-release tablets is as follows:
- Package Size: 100 tablets
- WAC per Package: Approximately $2,691.60
- WAC per Tablet: Approximately $26.92[2].
Historical Price Trends
Historical data indicates that the prices of OxyContin have been subject to various factors, including regulatory changes, market demand, and competition.
- Price Adjustments: Purdue Pharma has made adjustments to the 340B ceiling prices for several of its products, including OxyContin, over different periods. For instance, the prices were recalculated for the period from Q2 2013 through Q3 2016, affecting the pricing for covered entities[5].
- Market Fluctuations: The prices of prescription opioid analgesics, including OxyContin, have shown fluctuations over the years due to changes in sales volume, regulatory policies, and public health initiatives aimed at controlling opioid misuse[4].
Market Analysis
The market for opioid analgesics, including OxyContin, is influenced by several key factors:
Regulatory Environment
Regulatory changes and public health policies significantly impact the pricing and availability of opioid medications. For example, the FDA's efforts to curb opioid misuse have led to stricter prescribing guidelines and monitoring programs, which can affect demand and pricing[4].
Competition
The opioid market is competitive, with multiple manufacturers offering various formulations of opioid analgesics. The prices of these drugs can vary significantly depending on the manufacturer, formulation, and dosage strength. For instance, other oxycodone formulations like those from Endo Pharmaceuticals (Opana) and Janssen Pharmaceuticals (Nucynta) compete in the same therapeutic class[1][2].
Public Health Initiatives
Public health initiatives aimed at reducing opioid misuse can influence market dynamics. These initiatives may lead to reduced prescriptions and, consequently, lower demand, which could impact pricing.
Price Projections
Given the current trends and factors influencing the market, here are some potential price projection considerations:
Short-Term Projections
In the short term, prices for OxyContin 80mg may remain relatively stable due to the established market presence and ongoing regulatory oversight. However, any significant changes in regulatory policies or public health initiatives could lead to price adjustments.
Long-Term Projections
Long-term projections suggest that the prices of opioid analgesics, including OxyContin, may be influenced by several factors:
- Technological Advancements: The increasing use of artificial intelligence (AI) and health tech in pharmaceutical development and operations could lead to more efficient production and potentially lower costs. However, the adoption of AI is still in its early stages, and its full impact on pricing is yet to be seen[3].
- Market Demand: Changes in market demand due to public health policies and alternative pain management options could affect pricing. A decrease in demand could lead to lower prices, while an increase could result in higher prices.
- Competition and Generics: The introduction of generic versions of opioid medications could increase competition and potentially lower prices. However, the complexity of extended-release formulations like OxyContin might delay the entry of generic competitors.
Key Takeaways
- Current Pricing: The WAC for OxyContin 80mg is approximately $26.92 per tablet.
- Historical Trends: Prices have been subject to regulatory adjustments and market fluctuations.
- Market Analysis: The market is influenced by regulatory policies, competition, and public health initiatives.
- Price Projections: Short-term stability is likely, but long-term projections depend on technological advancements, market demand, and competition.
FAQs
-
What is the current Wholesale Acquisition Cost (WAC) for OxyContin 80mg?
- The current WAC for OxyContin 80mg is approximately $26.92 per tablet[2].
-
How have regulatory changes affected the pricing of OxyContin?
- Regulatory changes, such as those related to the 340B program, have led to recalculations of ceiling prices for OxyContin, affecting the pricing for covered entities[5].
-
What role does competition play in the pricing of OxyContin?
- Competition from other opioid analgesics, including generic versions, can influence pricing. However, the unique formulation of OxyContin may maintain its market position[1][2].
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How might technological advancements impact the pricing of OxyContin?
- The adoption of AI and health tech could lead to more efficient production processes, potentially reducing costs and influencing pricing in the long term[3].
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What public health initiatives could affect the demand and pricing of OxyContin?
- Initiatives aimed at reducing opioid misuse, such as stricter prescribing guidelines and monitoring programs, can reduce demand and potentially lower prices[4].
Sources
- Information for Vermont Prescribers of Prescription Drugs - Pfizer [PDF]
- Information for Vermont Prescribers of Prescription Drugs - Pfizer [PDF]
- 2025 Pharma Predictions: AI, Health Tech, and Data Trends to Watch
- FDA Analysis of Long-Term Trends in Prescription Opioid Analgesics
- Purdue Pharma Notice Regarding 340B Prices - HRSA [PDF]
