Product Information

METFORMIN ER 500 MG OSMOTIC TB is a generic product labeled by Lupin Pharmaceuticals Inc., priced at $0.1383 per EA under NDC 68180033607. Its NADAC has been published 665 times since Nov 28, 2013.

FDA first approved this application on Jun 29, 2011. Its Orange Book therapeutic-equivalence code is AB2 — FDA rates it therapeutically equivalent to (substitutable for) its reference product.

METFORMIN ER 500 MG OSMOTIC TB

Metformin Hydrochloride
$0.1383per EA

Strength

500 mg/1

NDC

68180033607

Classification

Generic

Dosage Form

TABLET, EXTENDED RELEASE

Route

ORAL

Effective Date

8/19/2026

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA090692

FDA Approved

6/29/2011

TE Code

AB2

On Market Since

9/30/2011

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN ER 500 MG OSMOTIC TB has been published 665 times since Nov 28, 2013, and over the history we have for it it has declined 95.1%. The table below summarizes its recorded NADAC range and movement.

Current price$0.1383 per EA
All-time high$7.2751 (May 11, 2016)
All-time low$0.1017 (Apr 22, 2026)
52-week high$0.1722
52-week low$0.1017
Median price$2.1184
Average price$2.2848
Largest weekly change+170.5% (Feb 17, 2016)
Weeks tracked665
Tracking sinceNov 28, 2013

Price History

1W

+18.9%

1M

+24.8%

3M

+31.4%

6M

+24.0%

1Y

-5.0%

3Y

-34.4%

5Y

-87.6%

All

-95.1%

Generic Alternatives

The matcher finds 20 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 90% 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 ER 500 MG OSMOTIC TB?

The current National Average Drug Acquisition Cost (NADAC) for METFORMIN ER 500 MG OSMOTIC TB, manufactured by Lupin Pharmaceuticals Inc., is $0.1383 per EA (NDC 68180033607), effective Aug 19, 2026.

How has the price of METFORMIN ER 500 MG OSMOTIC TB changed over time?

Over the history we have for it, the NADAC for METFORMIN ER 500 MG OSMOTIC TB has declined 95.1%. It has been tracked across 665 weekly CMS publications since Nov 28, 2013.

What are the highest and lowest recorded NADAC prices for METFORMIN ER 500 MG OSMOTIC TB?

Since Nov 28, 2013, the NADAC for METFORMIN ER 500 MG OSMOTIC TB has ranged from a low of $0.1017 (Apr 22, 2026) to a high of $7.2751 (May 11, 2016), with a median of $2.1184 per EA.

Are there cheaper alternatives to METFORMIN ER 500 MG OSMOTIC TB?

Yes. 20 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 90% below METFORMIN ER 500 MG OSMOTIC TB.

Who manufactures METFORMIN ER 500 MG OSMOTIC TB?

METFORMIN ER 500 MG OSMOTIC TB (NDC 68180033607) is labeled by Lupin Pharmaceuticals Inc., and CMS classifies it as a generic product.