Product Information

METFORMIN HCL 500 MG TABLET is a generic product labeled by Time-Cap Labs Inc., priced at $0.0140 per EA under NDC 49483062201. Its NADAC has been published 490 times since Feb 8, 2017.

METFORMIN HCL 500 MG TABLET

Metformin HCl
$0.0140per EA

Strength

500 mg/1

Manufacturer

Time-Cap Labs Inc.

NDC

49483062201

Classification

Generic

Dosage Form

TABLET, FILM COATED

Route

ORAL

Last Updated

6/17/2026

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA090888

On Market Since

11/14/2016

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN HCL 500 MG TABLET has been published 490 times since Feb 8, 2017, and over the history we have for it it has declined 11.4%. The table below summarizes its recorded NADAC range and movement.

Current price$0.0140 per EA
All-time high$0.0177 (Nov 16, 2022)
All-time low$0.0123 (Nov 20, 2024)
52-week high$0.0147
52-week low$0.0139
Median price$0.0156
Average price$0.0155
Largest weekly change+20.4% (Jun 19, 2024)
Weeks tracked490
Tracking sinceFeb 8, 2017

Price History

1W

0.0%

1M

+0.1%

3M

-0.4%

6M

-1.2%

1Y

-2.5%

3Y

-10.2%

5Y

-14.5%

All

-11.4%

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). 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 500 MG TABLET?

The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL 500 MG TABLET, manufactured by Time-Cap Labs Inc., is $0.0140 per EA (NDC 49483062201), effective Jun 24, 2026.

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

Over the history we have for it, the NADAC for METFORMIN HCL 500 MG TABLET has declined 11.4%. It has been tracked across 490 weekly CMS publications since Feb 8, 2017.

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

Since Feb 8, 2017, the NADAC for METFORMIN HCL 500 MG TABLET has ranged from a low of $0.0123 (Nov 20, 2024) to a high of $0.0177 (Nov 16, 2022), with a median of $0.0156 per EA.

Are there cheaper alternatives to METFORMIN HCL 500 MG TABLET?

3 NADAC-published products share the same active ingredient, strength, and dosage form as METFORMIN HCL 500 MG TABLET, but none are currently priced below it.

Who manufactures METFORMIN HCL 500 MG TABLET?

METFORMIN HCL 500 MG TABLET (NDC 49483062201) is labeled by Time-Cap Labs Inc., and CMS classifies it as a generic product.