Historical record - last NADAC publication: 4/22/2020
Product Information
METFORMIN HCL 500 MG TABLET is a generic product labeled by Ascend Laboratories, LLC, priced at $0.0160 per EA under NDC 67877021705. Its NADAC has been published 337 times since Nov 28, 2013.
Strength
500 mg/1
Manufacturer
Ascend Laboratories, LLCNDC
67877021705
Classification
Generic
Dosage Form
TABLET, FILM COATED
Route
ORAL
Last Updated
4/22/2020
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA091184On Market Since
1/31/2011
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL 500 MG TABLET has been published 337 times since Nov 28, 2013, and over the history we have for it it has declined 10.6%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0160 per EA |
|---|---|
| All-time high | $0.0224 (Feb 12, 2014) |
| All-time low | $0.0147 (Aug 22, 2018) |
| Median price | $0.0160 |
| Average price | $0.0162 |
| Largest weekly change | +24.6% (Jan 22, 2014) |
| Weeks tracked | 337 |
| Tracking since | Nov 28, 2013 |
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 13% 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 500 MG TABLET?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL 500 MG TABLET, manufactured by Ascend Laboratories, LLC, is $0.0160 per EA (NDC 67877021705), effective May 6, 2020.
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 10.6%. It has been tracked across 337 weekly CMS publications since Nov 28, 2013.
What are the highest and lowest recorded NADAC prices for METFORMIN HCL 500 MG TABLET?
Since Nov 28, 2013, the NADAC for METFORMIN HCL 500 MG TABLET has ranged from a low of $0.0147 (Aug 22, 2018) to a high of $0.0224 (Feb 12, 2014), with a median of $0.0160 per EA.
Are there cheaper alternatives to METFORMIN HCL 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 13% below METFORMIN HCL 500 MG TABLET.
Who manufactures METFORMIN HCL 500 MG TABLET?
METFORMIN HCL 500 MG TABLET (NDC 67877021705) is labeled by Ascend Laboratories, LLC, and CMS classifies it as a generic product.
Related Drugs
Same classification