Product Information

METFORMIN ER 500 MG OSMOTIC TB is a generic product labeled by Aurobindo Pharma Limited, priced at $0.1383 per EA under NDC 59651004260. Its NADAC has been published 38 times since Dec 3, 2025.

FDA first approved this application on Oct 18, 2024. Its Orange Book therapeutic-equivalence code is AB2 — FDA rates it therapeutically equivalent to (substitutable for) its reference product.

METFORMIN ER 500 MG OSMOTIC TB

Metformin Hydrochloride
$0.1383per EA

Strength

500 mg/1

NDC

59651004260

Classification

Generic

Dosage Form

TABLET, EXTENDED RELEASE

Route

ORAL

Effective Date

8/19/2026

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA209694

FDA Approved

10/18/2024

TE Code

AB2

On Market Since

10/18/2024

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN ER 500 MG OSMOTIC TB has been published 38 times since Dec 3, 2025, and over the history we have for it it has declined 10.3%. The table below summarizes its recorded NADAC range and movement.

Current price$0.1383 per EA
All-time high$0.1541 (Dec 10, 2025)
All-time low$0.1017 (Apr 22, 2026)
52-week high$0.1541
52-week low$0.1017
Median price$0.1115
Average price$0.1152
Largest weekly change+18.9% (Aug 19, 2026)
Weeks tracked38
Tracking sinceDec 3, 2025

Price History

1W

+18.9%

1M

+24.8%

3M

+31.4%

6M

+24.0%

1Y

N/A

3Y

N/A

5Y

N/A

All

-10.3%

Generic Alternatives

The matcher finds 21 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 90% 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 ER 500 MG OSMOTIC TB?

The current National Average Drug Acquisition Cost (NADAC) for METFORMIN ER 500 MG OSMOTIC TB, manufactured by Aurobindo Pharma Limited, is $0.1383 per EA (NDC 59651004260), effective Aug 19, 2026.

How has the price of METFORMIN ER 500 MG OSMOTIC TB changed over time?

Over the history we have for it, the NADAC for METFORMIN ER 500 MG OSMOTIC TB has declined 10.3%. It has been tracked across 38 weekly CMS publications since Dec 3, 2025.

What are the highest and lowest recorded NADAC prices for METFORMIN ER 500 MG OSMOTIC TB?

Since Dec 3, 2025, the NADAC for METFORMIN ER 500 MG OSMOTIC TB has ranged from a low of $0.1017 (Apr 22, 2026) to a high of $0.1541 (Dec 10, 2025), with a median of $0.1115 per EA.

Are there cheaper alternatives to METFORMIN ER 500 MG OSMOTIC TB?

Yes. 21 manufacturers publish a NADAC-priced product with the same active ingredient and strength in a comparable dosage form. The lowest-priced option, METFORMIN HCL 500 MG TABLET, is $0.0142 per EA — about 90% below METFORMIN ER 500 MG OSMOTIC TB.

Who manufactures METFORMIN ER 500 MG OSMOTIC TB?

METFORMIN ER 500 MG OSMOTIC TB (NDC 59651004260) is labeled by Aurobindo Pharma Limited, and CMS classifies it as a generic product.