Historical record - last NADAC effective date: 5/17/2023
Product Information
METFORMIN HCL ER 500 MG TABLET is a generic product labeled by Amneal Pharmaceuticals LLC, priced at $0.0313 per EA under NDC 65162017810. Its NADAC has been published 193 times since Oct 2, 2019.
FDA first approved this application on Jan 3, 2008.
Strength
500 mg/1
Manufacturer
Amneal Pharmaceuticals LLCNDC
65162017810
Classification
Generic
Dosage Form
TABLET, EXTENDED RELEASE
Route
ORAL
Effective Date
5/17/2023
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA078596FDA Approved
1/3/2008
On Market Since
12/2/2009
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL ER 500 MG TABLET has been published 193 times since Oct 2, 2019, and over the history we have for it it has declined 15.2%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0313 per EA |
|---|---|
| All-time high | $0.0445 (Nov 16, 2022) |
| All-time low | $0.0307 (Apr 19, 2023) |
| Median price | $0.0361 |
| Average price | $0.0363 |
| Largest weekly change | +29.1% (Feb 22, 2023) |
| Weeks tracked | 193 |
| Tracking since | Oct 2, 2019 |
1W
N/A
1M
N/A
3M
N/A
6M
N/A
1Y
N/A
3Y
N/A
5Y
-15.7%
All
-15.2%
Last surveyed Jun 7, 2023 — this NDC no longer appears in the current weekly NADAC file.
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 55% 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 ER 500 MG TABLET?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL ER 500 MG TABLET, manufactured by Amneal Pharmaceuticals LLC, is $0.0313 per EA (NDC 65162017810), effective Jun 7, 2023.
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 15.2%. It has been tracked across 193 weekly CMS publications since Oct 2, 2019.
What are the highest and lowest recorded NADAC prices for METFORMIN HCL ER 500 MG TABLET?
Since Oct 2, 2019, the NADAC for METFORMIN HCL ER 500 MG TABLET has ranged from a low of $0.0307 (Apr 19, 2023) to a high of $0.0445 (Nov 16, 2022), with a median of $0.0361 per EA.
Are there cheaper alternatives to METFORMIN HCL ER 500 MG TABLET?
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 55% below METFORMIN HCL ER 500 MG TABLET.
Who manufactures METFORMIN HCL ER 500 MG TABLET?
METFORMIN HCL ER 500 MG TABLET (NDC 65162017810) is labeled by Amneal Pharmaceuticals LLC, and CMS classifies it as a generic product.