Historical record - last NADAC effective date: 12/18/2019
Product Information
RIOMET 500 MG/5 ML SOLUTION is a brand product labeled by Sun Pharmaceutical Industries Inc., priced at $1.3551 per ML under NDC 10631023802. Its NADAC has been published 304 times since Dec 31, 2014.
FDA first approved this application on Sep 11, 2003.
Strength
500 mg/5mL
Manufacturer
Sun Pharmaceutical Industries Inc.NDC
10631023802
Classification
Brand
Dosage Form
SOLUTION
Route
ORAL
Effective Date
12/18/2019
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
New Drug (NDA)
FDA Application
NDA021591FDA Approved
9/11/2003
On Market Since
1/4/2004
Pharmacological Classes
Price Statistics
The NADAC for RIOMET 500 MG/5 ML SOLUTION has been published 304 times since Dec 31, 2014, and over the history we have for it it has risen 212.3%. The table below summarizes its recorded NADAC range and movement.
| Current price | $1.3551 per ML |
|---|---|
| All-time high | $1.3551 (Dec 16, 2020) |
| All-time low | $0.4340 (Dec 31, 2014) |
| Median price | $1.2791 |
| Average price | $1.2260 |
| Largest weekly change | +100.0% (May 13, 2015) |
| Weeks tracked | 304 |
| Tracking since | Dec 31, 2014 |
1W
N/A
1M
N/A
3M
N/A
6M
N/A
1Y
N/A
3Y
N/A
5Y
N/A
All
+212.3%
Last surveyed Dec 16, 2020 — this NDC no longer appears in the current weekly NADAC file.
Generic Alternatives
The matcher finds 4 manufacturers offering a NADAC-published product with this drug's active ingredient and strength in a comparable dosage form (cheapest from each manufacturer, up to 10 shown below). Switching to the cheapest would cut per-unit acquisition cost by roughly 72% at current NADAC. These are candidates to verify clinically, not guaranteed substitutes — see our generic drug prices guide.
Related Drugs
Same classification
Frequently asked questions
What is the NADAC price of RIOMET 500 MG/5 ML SOLUTION?
The current National Average Drug Acquisition Cost (NADAC) for RIOMET 500 MG/5 ML SOLUTION, manufactured by Sun Pharmaceutical Industries Inc., is $1.3551 per ML (NDC 10631023802), effective Dec 16, 2020.
How has the price of RIOMET 500 MG/5 ML SOLUTION changed over time?
Over the history we have for it, the NADAC for RIOMET 500 MG/5 ML SOLUTION has risen 212.3%. It has been tracked across 304 weekly CMS publications since Dec 31, 2014.
What are the highest and lowest recorded NADAC prices for RIOMET 500 MG/5 ML SOLUTION?
Since Dec 31, 2014, the NADAC for RIOMET 500 MG/5 ML SOLUTION has ranged from a low of $0.4340 (Dec 31, 2014) to a high of $1.3551 (Dec 16, 2020), with a median of $1.2791 per ML.
Are there cheaper alternatives to RIOMET 500 MG/5 ML SOLUTION?
Yes. 4 manufacturers publish a NADAC-priced product with the same active ingredient and strength in a comparable dosage form. The lowest-priced option, METFORMIN HCL 500 MG/5 ML SOLN, is $0.3730 per ML — about 72% below RIOMET 500 MG/5 ML SOLUTION.
Who manufactures RIOMET 500 MG/5 ML SOLUTION?
RIOMET 500 MG/5 ML SOLUTION (NDC 10631023802) is labeled by Sun Pharmaceutical Industries Inc., and CMS classifies it as a brand product.