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
Continue researching this drug
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Manufacturer
Sun Pharmaceutical Industries Inc. manufacturer profile
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Drug market
Metformin Hydrochloride market comparison
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Therapeutic class
Biguanide class view
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Trend hub
Latest market trends
Zoom back out to the weekly mover view and compare this NDC with the rest of the current NADAC release.
Guide
Understanding NADAC pricing
Use the explainer when you need context on how CMS publishes NADAC and how to interpret the number on this page.
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 $0.3829 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.