Product Information
METFORMIN HCL 1,000 MG TABLET is a generic product labeled by Laurus Labs Limited, priced at $0.0232 per EA under NDC 42385094911. Its NADAC has been published 191 times since Feb 8, 2023.
FDA first approved this application on Aug 27, 2018. Its Orange Book therapeutic-equivalence code is AB — FDA rates it therapeutically equivalent to (substitutable for) its reference product.
Strength
1000 mg/1
Manufacturer
Laurus Labs LimitedNDC
42385094911
Classification
Generic
Dosage Form
TABLET, FILM COATED
Route
ORAL
Effective Date
9/23/2026
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA209882FDA Approved
8/27/2018
TE Code
AB
On Market Since
5/17/2021
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL 1,000 MG TABLET has been published 191 times since Feb 8, 2023, and over the history we have for it it has declined 10.5%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0232 per EA |
|---|---|
| All-time high | $0.0277 (Mar 15, 2023) |
| All-time low | $0.0191 (May 22, 2024) |
| 52-week high | $0.0249 |
| 52-week low | $0.0231 |
| Median price | $0.0242 |
| Average price | $0.0241 |
| Largest weekly change | +29.1% (Aug 21, 2024) |
| Weeks tracked | 191 |
| Tracking since | Feb 8, 2023 |
Generic Alternatives
The matcher finds 16 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 0% 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
Laurus Labs Limited 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
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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 METFORMIN HCL 1,000 MG TABLET?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL 1,000 MG TABLET, manufactured by Laurus Labs Limited, is $0.0232 per EA (NDC 42385094911), effective Sep 30, 2026.
How has the price of METFORMIN HCL 1,000 MG TABLET changed over time?
Over the history we have for it, the NADAC for METFORMIN HCL 1,000 MG TABLET has declined 10.5%. It has been tracked across 191 weekly CMS publications since Feb 8, 2023.
What are the highest and lowest recorded NADAC prices for METFORMIN HCL 1,000 MG TABLET?
Since Feb 8, 2023, the NADAC for METFORMIN HCL 1,000 MG TABLET has ranged from a low of $0.0191 (May 22, 2024) to a high of $0.0277 (Mar 15, 2023), with a median of $0.0242 per EA.
Are there cheaper alternatives to METFORMIN HCL 1,000 MG TABLET?
Yes. 16 manufacturers publish a NADAC-priced product with the same active ingredient and strength in a comparable dosage form. The lowest-priced option, METFORMIN HCL 1,000 MG TABLET, is $0.0231 per EA — about 0% below METFORMIN HCL 1,000 MG TABLET.
Who manufactures METFORMIN HCL 1,000 MG TABLET?
METFORMIN HCL 1,000 MG TABLET (NDC 42385094911) is labeled by Laurus Labs Limited, and CMS classifies it as a generic product.