Product Information
METFORMIN HCL 500 MG TABLET is a generic product labeled by Precision Dose Inc., priced at $0.0142 per EA under NDC 68094068860. Its NADAC has been published 95 times since Oct 30, 2024.
FDA first approved this application on Jul 11, 2016. Its Orange Book therapeutic-equivalence code is AB — FDA rates it therapeutically equivalent to (substitutable for) its reference product.
Strength
500 mg/1
Manufacturer
Precision Dose Inc.NDC
68094068860
Classification
Generic
Dosage Form
TABLET, COATED
Route
ORAL
Effective Date
8/19/2026
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA205096FDA Approved
7/11/2016
TE Code
AB
On Market Since
2/15/2024
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL 500 MG TABLET has been published 95 times since Oct 30, 2024, and over the history we have for it it has held within roughly two percent of its current level. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0142 per EA |
|---|---|
| All-time high | $0.0147 (Oct 15, 2025) |
| All-time low | $0.0123 (Nov 20, 2024) |
| 52-week high | $0.0147 |
| 52-week low | $0.0139 |
| Median price | $0.0140 |
| Average price | $0.0140 |
| Largest weekly change | -13.3% (Nov 20, 2024) |
| Weeks tracked | 95 |
| Tracking since | Oct 30, 2024 |
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). None of the shown alternatives sit below the current price. 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 500 MG TABLET?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL 500 MG TABLET, manufactured by Precision Dose Inc., is $0.0142 per EA (NDC 68094068860), effective Aug 19, 2026.
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 held within roughly two percent of its current level. It has been tracked across 95 weekly CMS publications since Oct 30, 2024.
What are the highest and lowest recorded NADAC prices for METFORMIN HCL 500 MG TABLET?
Since Oct 30, 2024, the NADAC for METFORMIN HCL 500 MG TABLET has ranged from a low of $0.0123 (Nov 20, 2024) to a high of $0.0147 (Oct 15, 2025), with a median of $0.0140 per EA.
Are there cheaper alternatives to METFORMIN HCL 500 MG TABLET?
21 manufacturers publish a NADAC-priced product with the same active ingredient and strength as METFORMIN HCL 500 MG TABLET in a comparable dosage form, but none are currently priced below it.
Who manufactures METFORMIN HCL 500 MG TABLET?
METFORMIN HCL 500 MG TABLET (NDC 68094068860) is labeled by Precision Dose Inc., and CMS classifies it as a generic product.