Product Information

METFORMIN HCL ER 500 MG TABLET is a generic product labeled by Macleods Pharmaceuticals Limited, priced at $0.0298 per EA under NDC 33342023911. Its NADAC has been published 388 times since Dec 13, 2017.

METFORMIN HCL ER 500 MG TABLET

Metformin hydrochloride
$0.0298per EA

Strength

500 mg/1

NDC

33342023911

Classification

Generic

Dosage Form

TABLET, EXTENDED RELEASE

Route

ORAL

Last Updated

4/23/2025

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA206955

On Market Since

12/8/2016

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN HCL ER 500 MG TABLET has been published 388 times since Dec 13, 2017, and over the history we have for it it has declined 18.2%. The table below summarizes its recorded NADAC range and movement.

Current price$0.0298 per EA
All-time high$0.0445 (Nov 16, 2022)
All-time low$0.0238 (Nov 20, 2024)
Median price$0.0345
Average price$0.0344
Largest weekly change+29.1% (Feb 22, 2023)
Weeks tracked388
Tracking sinceDec 13, 2017

Price History

1W

0.0%

1M

0.0%

3M

0.0%

6M

0.0%

1Y

0.0%

3Y

-7.0%

5Y

-21.9%

All

-18.2%

Generic Alternatives

The matcher finds 3 NADAC-published products sharing this drug's active ingredient, strength, and dosage form across 3 manufacturers (up to 10 shown below). Switching to the cheapest would cut per-unit acquisition cost by roughly 53% 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 HCL ER 500 MG TABLET?

The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL ER 500 MG TABLET, manufactured by Macleods Pharmaceuticals Limited, is $0.0298 per EA (NDC 33342023911), effective May 14, 2025.

How has the price of METFORMIN HCL ER 500 MG TABLET changed over time?

Over the history we have for it, the NADAC for METFORMIN HCL ER 500 MG TABLET has declined 18.2%. It has been tracked across 388 weekly CMS publications since Dec 13, 2017.

What are the highest and lowest recorded NADAC prices for METFORMIN HCL ER 500 MG TABLET?

Since Dec 13, 2017, the NADAC for METFORMIN HCL ER 500 MG TABLET has ranged from a low of $0.0238 (Nov 20, 2024) to a high of $0.0445 (Nov 16, 2022), with a median of $0.0345 per EA.

Are there cheaper alternatives to METFORMIN HCL ER 500 MG TABLET?

Yes. 3 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 53% below METFORMIN HCL ER 500 MG TABLET.

Who manufactures METFORMIN HCL ER 500 MG TABLET?

METFORMIN HCL ER 500 MG TABLET (NDC 33342023911) is labeled by Macleods Pharmaceuticals Limited, and CMS classifies it as a generic product.