Product Information
METFORMIN ER 500 MG GASTRC-TB is a generic product labeled by Oceanside Pharmaceuticals, priced at $0.5175 per EA under NDC 68682002150. Its NADAC has been published 335 times since Jun 6, 2018.
FDA first approved this application on Jun 3, 2005.
The High Outlier badge above means this manufacturer's average price in the metformin hydrochloride market falls above Q3 + 1.5·IQR across all competing manufacturers. We only apply this flag in markets with four or more competitors. Full definition: glossary → outlier.
Strength
500 mg/1
Manufacturer
Oceanside PharmaceuticalsNDC
68682002150
Classification
Generic
Dosage Form
TABLET, FILM COATED, EXTENDED RELEASE
Route
ORAL
Effective Date
10/23/2024
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Authorized Generic (NDA)
FDA Application
NDA021748FDA Approved
6/3/2005
On Market Since
3/20/2018
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN ER 500 MG GASTRC-TB has been published 335 times since Jun 6, 2018, and over the history we have for it it has declined 97.2%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.5175 per EA |
|---|---|
| All-time high | $18.4193 (Aug 15, 2018) |
| All-time low | $0.4018 (Feb 21, 2024) |
| Median price | $2.7019 |
| Average price | $4.1854 |
| Largest weekly change | +107.3% (Feb 23, 2022) |
| Weeks tracked | 335 |
| Tracking since | Jun 6, 2018 |
1W
N/A
1M
N/A
3M
N/A
6M
N/A
1Y
N/A
3Y
-14.4%
5Y
-74.5%
All
-97.2%
Last surveyed Oct 30, 2024 — this NDC no longer appears in the current weekly NADAC file.
Generic Alternatives
The matcher finds 6 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 97% at current NADAC. 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 ER 500 MG GASTRC-TB?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN ER 500 MG GASTRC-TB, manufactured by Oceanside Pharmaceuticals, is $0.5175 per EA (NDC 68682002150), effective Oct 30, 2024.
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 97.2%. It has been tracked across 335 weekly CMS publications since Jun 6, 2018.
What are the highest and lowest recorded NADAC prices for METFORMIN ER 500 MG GASTRC-TB?
Since Jun 6, 2018, the NADAC for METFORMIN ER 500 MG GASTRC-TB has ranged from a low of $0.4018 (Feb 21, 2024) to a high of $18.4193 (Aug 15, 2018), with a median of $2.7019 per EA.
Are there cheaper alternatives to METFORMIN ER 500 MG GASTRC-TB?
Yes. 6 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 97% below METFORMIN ER 500 MG GASTRC-TB.
Who manufactures METFORMIN ER 500 MG GASTRC-TB?
METFORMIN ER 500 MG GASTRC-TB (NDC 68682002150) is labeled by Oceanside Pharmaceuticals, and CMS classifies it as a generic product.