Historical record - last NADAC effective date: 3/18/2020
Product Information
METFORMIN HCL 1,000 MG TABLET is a generic product labeled by Amneal Pharmaceuticals of New York LLC, priced at $0.0264 per EA under NDC 53746022005. Its NADAC has been published 324 times since Jan 22, 2014.
FDA first approved this application on Jun 5, 2006.
Strength
1000 mg/1
Manufacturer
Amneal Pharmaceuticals of New York LLCNDC
53746022005
Classification
Generic
Dosage Form
TABLET
Route
ORAL
Effective Date
3/18/2020
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA077880FDA Approved
6/5/2006
On Market Since
12/17/2012
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL 1,000 MG TABLET has been published 324 times since Jan 22, 2014, and over the history we have for it it has declined 32.7%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0264 per EA |
|---|---|
| All-time high | $0.0392 (Feb 12, 2014) |
| All-time low | $0.0242 (Apr 18, 2018) |
| Median price | $0.0274 |
| Average price | $0.0285 |
| Largest weekly change | -15.3% (Feb 19, 2014) |
| Weeks tracked | 324 |
| Tracking since | Jan 22, 2014 |
1W
N/A
1M
N/A
3M
N/A
6M
N/A
1Y
N/A
3Y
N/A
5Y
N/A
All
-32.7%
Last surveyed Apr 1, 2020 — this NDC no longer appears in the current weekly NADAC file.
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 12% at current NADAC. These are candidates to verify clinically, not guaranteed substitutes — see our generic drug prices guide.
Related Drugs
Same classification
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 Amneal Pharmaceuticals of New York LLC, is $0.0264 per EA (NDC 53746022005), effective Apr 1, 2020.
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 32.7%. It has been tracked across 324 weekly CMS publications since Jan 22, 2014.
What are the highest and lowest recorded NADAC prices for METFORMIN HCL 1,000 MG TABLET?
Since Jan 22, 2014, the NADAC for METFORMIN HCL 1,000 MG TABLET has ranged from a low of $0.0242 (Apr 18, 2018) to a high of $0.0392 (Feb 12, 2014), with a median of $0.0274 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 12% below METFORMIN HCL 1,000 MG TABLET.
Who manufactures METFORMIN HCL 1,000 MG TABLET?
METFORMIN HCL 1,000 MG TABLET (NDC 53746022005) is labeled by Amneal Pharmaceuticals of New York LLC, and CMS classifies it as a generic product.