Product Information
METFORMIN ER 500 MG GASTRC-TB is a generic product labeled by Ajanta Pharma USA Inc., priced at $0.2781 per EA under NDC 27241024001. Its NADAC has been published 264 times since Jun 9, 2021.
Strength
500 mg/1
Manufacturer
Ajanta Pharma USA Inc.NDC
27241024001
Classification
Generic
Dosage Form
TABLET, EXTENDED RELEASE
Route
ORAL
Last Updated
6/17/2026
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA213962On Market Since
3/9/2021
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN ER 500 MG GASTRC-TB has been published 264 times since Jun 9, 2021, and over the history we have for it it has declined 89.3%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.2781 per EA |
|---|---|
| All-time high | $5.2022 (Aug 11, 2021) |
| All-time low | $0.2781 (Jun 17, 2026) |
| 52-week high | $0.3965 |
| 52-week low | $0.2781 |
| Median price | $0.6048 |
| Average price | $1.2595 |
| Largest weekly change | +107.3% (Feb 23, 2022) |
| Weeks tracked | 264 |
| Tracking since | Jun 9, 2021 |
Generic Alternatives
The matcher finds 4 NADAC-published products sharing this drug's active ingredient, strength, and dosage form across 4 manufacturers (up to 10 shown below). Switching to the cheapest would cut per-unit acquisition cost by roughly 95% at current NADAC. These are candidates to verify clinically, not guaranteed substitutes — see our generic drug prices guide.
Frequently asked questions
What is the NADAC price of METFORMIN ER 500 MG GASTRC-TB?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN ER 500 MG GASTRC-TB, manufactured by Ajanta Pharma USA Inc., is $0.2781 per EA (NDC 27241024001), effective Jun 24, 2026.
How has the price of METFORMIN ER 500 MG GASTRC-TB changed over time?
Over the history we have for it, the NADAC for METFORMIN ER 500 MG GASTRC-TB has declined 89.3%. It has been tracked across 264 weekly CMS publications since Jun 9, 2021.
What are the highest and lowest recorded NADAC prices for METFORMIN ER 500 MG GASTRC-TB?
Since Jun 9, 2021, the NADAC for METFORMIN ER 500 MG GASTRC-TB has ranged from a low of $0.2781 (Jun 17, 2026) to a high of $5.2022 (Aug 11, 2021), with a median of $0.6048 per EA.
Are there cheaper alternatives to METFORMIN ER 500 MG GASTRC-TB?
Yes. 4 NADAC-published products share the same active ingredient, strength, and dosage form. The lowest-priced option, METFORMIN HCL 500 MG TABLET, is $0.0140 per EA — about 95% below METFORMIN ER 500 MG GASTRC-TB.
Who manufactures METFORMIN ER 500 MG GASTRC-TB?
METFORMIN ER 500 MG GASTRC-TB (NDC 27241024001) is labeled by Ajanta Pharma USA Inc., and CMS classifies it as a generic product.
Related Drugs
Same classification