Product Information
METFORMIN HCL ER 500 MG TABLET is a generic product labeled by Precision Dose Inc., priced at $0.0298 per EA under NDC 68094090460. Its NADAC has been published 107 times since Jun 12, 2024.
Strength
500 mg/1
Manufacturer
Precision Dose Inc.NDC
68094090460
Classification
Generic
Dosage Form
TABLET, EXTENDED RELEASE
Route
ORAL
Last Updated
6/17/2026
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA078321On Market Since
2/15/2024
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL ER 500 MG TABLET has been published 107 times since Jun 12, 2024, and over the history we have for it it has risen 7.2%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0298 per EA |
|---|---|
| All-time high | $0.0322 (Oct 16, 2024) |
| All-time low | $0.0238 (Nov 20, 2024) |
| 52-week high | $0.0299 |
| 52-week low | $0.0290 |
| Median price | $0.0293 |
| Average price | $0.0292 |
| Largest weekly change | -24.1% (Nov 20, 2024) |
| Weeks tracked | 107 |
| Tracking since | Jun 12, 2024 |
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 53% 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 Precision Dose Inc., is $0.0298 per EA (NDC 68094090460), effective Jun 24, 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 risen 7.2%. It has been tracked across 107 weekly CMS publications since Jun 12, 2024.
What are the highest and lowest recorded NADAC prices for METFORMIN HCL ER 500 MG TABLET?
Since Jun 12, 2024, the NADAC for METFORMIN HCL ER 500 MG TABLET has ranged from a low of $0.0238 (Nov 20, 2024) to a high of $0.0322 (Oct 16, 2024), with a median of $0.0293 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 53% below METFORMIN HCL ER 500 MG TABLET.
Who manufactures METFORMIN HCL ER 500 MG TABLET?
METFORMIN HCL ER 500 MG TABLET (NDC 68094090460) is labeled by Precision Dose Inc., and CMS classifies it as a generic product.
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