Product Information
METFORMIN ER 500 MG OSMOTIC TB is a generic product labeled by Ajanta Pharma USA Inc., priced at $0.1383 per EA under NDC 27241018860. Its NADAC has been published 289 times since Feb 10, 2021.
FDA first approved this application on Apr 9, 2020. Its Orange Book therapeutic-equivalence code is AB2 — FDA rates it therapeutically equivalent to (substitutable for) its reference product.
Strength
500 mg/1
Manufacturer
Ajanta Pharma USA Inc.NDC
27241018860
Classification
Generic
Dosage Form
TABLET, EXTENDED RELEASE
Route
ORAL
Effective Date
8/19/2026
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA213651FDA Approved
4/9/2020
TE Code
AB2
On Market Since
4/9/2020
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN ER 500 MG OSMOTIC TB has been published 289 times since Feb 10, 2021, and over the history we have for it it has declined 93.5%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.1383 per EA |
|---|---|
| All-time high | $2.1129 (Apr 14, 2021) |
| All-time low | $0.1017 (Apr 22, 2026) |
| 52-week high | $0.1722 |
| 52-week low | $0.1017 |
| Median price | $0.2192 |
| Average price | $0.4812 |
| Largest weekly change | -77.1% (Feb 22, 2023) |
| Weeks tracked | 289 |
| Tracking since | Feb 10, 2021 |
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 90% 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 METFORMIN ER 500 MG OSMOTIC TB?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN ER 500 MG OSMOTIC TB, manufactured by Ajanta Pharma USA Inc., is $0.1383 per EA (NDC 27241018860), effective Aug 19, 2026.
How has the price of METFORMIN ER 500 MG OSMOTIC TB changed over time?
Over the history we have for it, the NADAC for METFORMIN ER 500 MG OSMOTIC TB has declined 93.5%. It has been tracked across 289 weekly CMS publications since Feb 10, 2021.
What are the highest and lowest recorded NADAC prices for METFORMIN ER 500 MG OSMOTIC TB?
Since Feb 10, 2021, the NADAC for METFORMIN ER 500 MG OSMOTIC TB has ranged from a low of $0.1017 (Apr 22, 2026) to a high of $2.1129 (Apr 14, 2021), with a median of $0.2192 per EA.
Are there cheaper alternatives to METFORMIN ER 500 MG OSMOTIC TB?
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 TABLET, is $0.0142 per EA — about 90% below METFORMIN ER 500 MG OSMOTIC TB.
Who manufactures METFORMIN ER 500 MG OSMOTIC TB?
METFORMIN ER 500 MG OSMOTIC TB (NDC 27241018860) is labeled by Ajanta Pharma USA Inc., and CMS classifies it as a generic product.