Ibandronate Sodium

Generic name

Ibandronate Sodium

Covered by Medicare

Yes

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Average Annual Cost per Beneficiary

$163.61

Average cost per year*

Average Annual Cost per Dose

$20.30

-14.83%

Average cost per beneficiary*

Manufacturer(s)

  • Dr.Reddy'S Lab
  • Alvogen Inc
  • Aurobindo Pharm
  • Apotex Corp*
  • Auromedics Phar
  • Mylan Instituti
  • Macleods Pharma
  • Sagent Pharmace

What is Ibandronate Sodium

Ibandronate is used to prevent and treat certain types of bone loss (osteoporosis). Osteoporosis causes bones to become thinner and break more easily. Your chance of developing osteoporosis increases after menopause, as you age, or if you take corticosteroid medications (such as prednisone) for long periods. This medication works by slowing bone loss to help maintain strong bones and reduce the risk of broken bones (fractures). Ibandronate belongs to a class of medications called bisphosphonates. NOTE: This is a summary and does NOT have all possible information about this product. This information does not assure that this product is safe, effective, or appropriate for you. This information is not individual medical advice and does not substitute for the advice of your health care professional. Always ask your health care professional for complete information about this product and your specific health needs.

Drug Trends

*Origin of the terms and chart data used within this page: https://data.cms.gov/

Common Questions About Ibandronate Sodium

Yes, Ibandronate Sodium is covered by Medicare.

In 2021, the average cost per dose of Ibandronate Sodium was $20.30.

The average dose of Ibandronate Sodium received per year is 1,445,906 units

210,040 Medicare beneficiaries received Ibandronate Sodium in 2021, which was a 0.09% from 2020

There were 709,433 claims made by Medicare beneficiaries, which is a 0.02% from 2020

The average spending amount per claim in 2021 was $48.44

The average Medicare spending per beneficiary amount for Ibandronate Sodium was $163.61

The most expensive manufacturer of Ibandronate Sodium is Auromedics Phar

Macleods Pharma is the least expensive manufacturer with an Average Spending Per Dosage Unit of $18.61

Dr.Reddy'S Lab received $14,232,141.99

The total amount spent on Ibandronate Sodium by Medicare is $34,365,422.49

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