Product Information

METFORMIN ER 500 MG GASTRC-TB is a generic product labeled by Glenmark Pharmaceuticals Inc., USA, priced at $0.2781 per EA under NDC 68462052001. Its NADAC has been published 336 times since Jan 22, 2020.

METFORMIN ER 500 MG GASTRC-TB

metformin hydrochloride
$0.2781per EA

Strength

500 mg/1

NDC

68462052001

Classification

Generic

Dosage Form

TABLET, FILM COATED, EXTENDED RELEASE

Route

ORAL

Last Updated

6/17/2026

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA212969

On Market Since

11/25/2019

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN ER 500 MG GASTRC-TB has been published 336 times since Jan 22, 2020, and over the history we have for it it has declined 95.4%. The table below summarizes its recorded NADAC range and movement.

Current price$0.2781 per EA
All-time high$6.0820 (Mar 11, 2020)
All-time low$0.2781 (Jun 17, 2026)
52-week high$0.3965
52-week low$0.2781
Median price$1.4324
Average price$1.9538
Largest weekly change+107.3% (Feb 23, 2022)
Weeks tracked336
Tracking sinceJan 22, 2020

Price History

1W

0.0%

1M

-2.7%

3M

-1.0%

6M

-25.3%

1Y

-10.1%

3Y

-72.8%

5Y

-94.7%

All

-95.4%

Generic Alternatives

The matcher finds 6 NADAC-published products sharing this drug's active ingredient, strength, and dosage form across 6 manufacturers (up to 10 shown below). Switching to the cheapest would cut per-unit acquisition cost by roughly 95% 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 GASTRC-TB?

The current National Average Drug Acquisition Cost (NADAC) for METFORMIN ER 500 MG GASTRC-TB, manufactured by Glenmark Pharmaceuticals Inc., USA, is $0.2781 per EA (NDC 68462052001), effective Jun 24, 2026.

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

Over the history we have for it, the NADAC for METFORMIN ER 500 MG GASTRC-TB has declined 95.4%. It has been tracked across 336 weekly CMS publications since Jan 22, 2020.

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

Since Jan 22, 2020, the NADAC for METFORMIN ER 500 MG GASTRC-TB has ranged from a low of $0.2781 (Jun 17, 2026) to a high of $6.0820 (Mar 11, 2020), with a median of $1.4324 per EA.

Are there cheaper alternatives to METFORMIN ER 500 MG GASTRC-TB?

Yes. 6 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 95% below METFORMIN ER 500 MG GASTRC-TB.

Who manufactures METFORMIN ER 500 MG GASTRC-TB?

METFORMIN ER 500 MG GASTRC-TB (NDC 68462052001) is labeled by Glenmark Pharmaceuticals Inc., USA, and CMS classifies it as a generic product.