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.

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.

METFORMIN ER 500 MG GASTRC-TB

metformin hydrochloride
$0.5175per EA
High Outlier

Strength

500 mg/1

NDC

68682002150

Classification

Generic

Dosage Form

TABLET, FILM COATED, EXTENDED RELEASE

Route

ORAL

Last Updated

10/23/2024

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Authorized Generic (NDA)

FDA Application

NDA021748

On Market Since

3/20/2018

Pharmacological Classes

Biguanide
Biguanides

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 tracked335
Tracking sinceJun 6, 2018

Price History

1W

0.0%

1M

0.0%

3M

0.0%

6M

0.0%

1Y

0.0%

3Y

-49.4%

5Y

-90.1%

All

-97.2%

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 97% 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 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 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 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.