Product Information

METFORMIN HCL 1,000 MG TABLET is a generic product labeled by Laurus Labs Limited, priced at $0.0231 per EA under NDC 42385094911. Its NADAC has been published 185 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.

METFORMIN HCL 1,000 MG TABLET

Metformin Hydrochloride
$0.0231per EA

Strength

1000 mg/1

NDC

42385094911

Classification

Generic

Dosage Form

TABLET, FILM COATED

Route

ORAL

Effective Date

8/19/2026

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA209882

FDA Approved

8/27/2018

TE Code

AB

On Market Since

5/17/2021

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN HCL 1,000 MG TABLET has been published 185 times since Feb 8, 2023, and over the history we have for it it has declined 10.6%. The table below summarizes its recorded NADAC range and movement.

Current price$0.0231 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$0.0242
Largest weekly change+29.1% (Aug 21, 2024)
Weeks tracked185
Tracking sinceFeb 8, 2023

Price History

1W

-1.1%

1M

-2.2%

3M

-5.9%

6M

-3.1%

1Y

-3.8%

3Y

-12.8%

5Y

N/A

All

-10.6%

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). None of the shown alternatives sit below the current price. 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 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 $0.0231 per EA (NDC 42385094911), effective Aug 19, 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 10.6%. It has been tracked across 185 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?

16 manufacturers publish a NADAC-priced product with the same active ingredient and strength as METFORMIN HCL 1,000 MG TABLET in a comparable dosage form, but none are currently priced below it.

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.