Drug Price Trends for NDC 71085-0003

Average Pharmacy Cost for 71085-0003

Drug Name	NDC	Price/Unit ($)	Unit	Date
DICLOFENAC SODIUM 3% GEL	71085-0003-00	0.38990	GM	2025-04-23
DICLOFENAC SODIUM 3% GEL	71085-0003-00	0.36327	GM	2025-03-19
DICLOFENAC SODIUM 3% GEL	71085-0003-00	0.33693	GM	2025-03-05

Best Wholesale Price for NDC 71085-0003

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

71085-0003 Market Analysis and Financial Projection

Based on the search results, I can provide the following market analysis and price projections for the drug with NDC 71085-0003:

Product Details

• NDC: 71085-0003
• Drug Name: Diclofenac sodium
• Manufacturer: IPG PHARMACEUTICALS, INC.
• Dosage Form: Gel
• Strength: 3%

Market Analysis

1. Generic Status: Diclofenac sodium 3% gel is a generic product, which typically faces more competition and price pressure compared to brand-name drugs.

2. Manufacturer: IPG PHARMACEUTICALS, INC. is the manufacturer, but they are not one of the major pharmaceutical companies. This may impact their market share and pricing power.

3. Therapeutic Category: Diclofenac sodium is a nonsteroidal anti-inflammatory drug (NSAID) used to treat pain and inflammation. This is a competitive therapeutic area with multiple generic options available.

4. Formulation: The gel formulation may provide some differentiation compared to oral diclofenac products, potentially supporting slightly higher pricing.

5. Market Competition: As a generic topical NSAID, this product likely faces significant competition from other manufacturers offering similar products.

Price Projections

While specific pricing data for this NDC is not provided in the search results, I can offer some general projections based on typical generic drug pricing trends:

1. Annual Price Erosion: Generic drugs typically experience price erosion of 3-5% per year due to competition[3]. For NDC 71085-0003, we can expect similar annual price decreases.

2. 5-Year Pricing Scenario: Year 1 (Current): 100% of base price Year 2: 95-97% of base price Year 3: 90-94% of base price Year 4: 86-91% of base price Year 5: 82-88% of base price

3. Factors Influencing Future Pricing:

   • New market entrants could accelerate price erosion
   • Changes in manufacturing costs may impact pricing
   • Regulatory changes, especially those aimed at drug pricing, could affect the market
   • Shifts in treatment guidelines for pain management could impact demand

4. Reimbursement Considerations: As a generic product, this drug is likely to face pressure from payers to keep costs low. Pharmacy benefit managers may prefer lower-cost alternatives, potentially impacting market share and pricing.

5. Supply Chain Dynamics: The drug's inclusion in the National Drug Code Directory suggests it is part of normal commercial distribution channels[13]. This should support stable supply and pricing, barring any manufacturing or regulatory issues.

Future Outlook

• Continued price competition in the generic topical NSAID market is expected
• Manufacturers may focus on operational efficiency to maintain profitability despite price erosion
• There may be opportunities for product improvements or new delivery methods to differentiate from competitors
• Regulatory scrutiny on drug pricing could impact future pricing strategies

In conclusion, NDC 71085-0003 (Diclofenac sodium 3% gel) is likely to face ongoing price pressure due to its status as a generic product in a competitive market. While specific price points are not available, the general trend is expected to be gradual price erosion over time, with potential for more significant decreases if new competitors enter the market or regulatory changes occur.