Product Information

METFORMIN HCL ER 500 MG TABLET is a generic product labeled by American Health Packaging, priced at $0.0290 per EA under NDC 60687064001. Its NADAC has been published 223 times since Dec 29, 2021.

METFORMIN HCL ER 500 MG TABLET

Metformin Hydrochloride
$0.0290per EA
Discontinued

Strength

500 mg/1

NDC

60687064001

Classification

Generic

Dosage Form

TABLET, EXTENDED RELEASE

Route

ORAL

Last Updated

3/18/2026

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA206145

On Market Since

10/27/2021

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN HCL ER 500 MG TABLET has been published 223 times since Dec 29, 2021, and over the history we have for it it has declined 18.7%. The table below summarizes its recorded NADAC range and movement.

Current price$0.0290 per EA
All-time high$0.0445 (Nov 16, 2022)
All-time low$0.0238 (Nov 20, 2024)
52-week high$0.0298
52-week low$0.0290
Median price$0.0314
Average price$0.0324
Largest weekly change+29.1% (Feb 22, 2023)
Weeks tracked223
Tracking sinceDec 29, 2021

Price History

1W

0.0%

1M

0.0%

3M

0.0%

6M

-2.7%

1Y

-0.3%

3Y

-9.4%

5Y

N/A

All

-18.7%

Generic Alternatives

The matcher finds 21 NADAC-published products sharing this drug's active ingredient, strength, and dosage form across 10 manufacturers (up to 10 shown below). Switching to the cheapest would cut per-unit acquisition cost by roughly 52% 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 HCL ER 500 MG TABLET?

The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL ER 500 MG TABLET, manufactured by American Health Packaging, is $0.0290 per EA (NDC 60687064001), effective Apr 1, 2026.

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

Over the history we have for it, the NADAC for METFORMIN HCL ER 500 MG TABLET has declined 18.7%. It has been tracked across 223 weekly CMS publications since Dec 29, 2021.

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

Since Dec 29, 2021, the NADAC for METFORMIN HCL ER 500 MG TABLET has ranged from a low of $0.0238 (Nov 20, 2024) to a high of $0.0445 (Nov 16, 2022), with a median of $0.0314 per EA.

Are there cheaper alternatives to METFORMIN HCL ER 500 MG TABLET?

Yes. 21 NADAC-published products share the same active ingredient, strength, and dosage form. The lowest-priced option, METFORMIN HCL 500 MG TABLET, is $0.0140 per EA — about 52% below METFORMIN HCL ER 500 MG TABLET.

Who manufactures METFORMIN HCL ER 500 MG TABLET?

METFORMIN HCL ER 500 MG TABLET (NDC 60687064001) is labeled by American Health Packaging, and CMS classifies it as a generic product.