Product Information

TETRACAINE 0.5% EYE DROP is a generic product labeled by Oceanside Pharmaceuticals, priced at $4.7644 per ML under NDC 68682092005. Its NADAC has been published 77 times since Apr 17, 2024.

FDA first approved this application on Mar 12, 2019. Its Orange Book therapeutic-equivalence code is AB1 — FDA rates it therapeutically equivalent to (substitutable for) its reference product.

TETRACAINE 0.5% EYE DROP

Tetracaine Hydrochloride
$4.7644per ML

Strength

5 mg/mL

NDC

68682092005

Classification

Generic

Dosage Form

SOLUTION/ DROPS

Route

OPHTHALMIC

Effective Date

9/17/2025

Active Ingredients

TETRACAINE HYDROCHLORIDE

Approval Type

New Drug (NDA)

FDA Application

NDA210821

FDA Approved

3/12/2019

TE Code

AB1

On Market Since

6/27/2019

Pharmacological Classes

Ester Local Anesthetic
Esters
Local Anesthesia

Price Statistics

The NADAC for TETRACAINE 0.5% EYE DROP has been published 77 times since Apr 17, 2024, and over the history we have for it it has risen 5.9%. The table below summarizes its recorded NADAC range and movement.

Current price$4.7644 per ML
All-time high$5.2387 (Nov 13, 2024)
All-time low$4.3022 (Jul 17, 2024)
52-week high$4.7952
52-week low$4.7644
Median price$4.7519
Average price$4.7503
Largest weekly change+10.2% (Oct 23, 2024)
Weeks tracked77
Tracking sinceApr 17, 2024

Price History

1W

N/A

1M

N/A

3M

N/A

6M

N/A

1Y

-0.6%

3Y

N/A

5Y

N/A

All

+5.9%

Last surveyed Oct 1, 2025 — this NDC no longer appears in the current weekly NADAC file.

Generic Alternatives

The matcher finds 2 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 13% 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 TETRACAINE 0.5% EYE DROP?

The current National Average Drug Acquisition Cost (NADAC) for TETRACAINE 0.5% EYE DROP, manufactured by Oceanside Pharmaceuticals, is $4.7644 per ML (NDC 68682092005), effective Oct 1, 2025.

How has the price of TETRACAINE 0.5% EYE DROP changed over time?

Over the history we have for it, the NADAC for TETRACAINE 0.5% EYE DROP has risen 5.9%. It has been tracked across 77 weekly CMS publications since Apr 17, 2024.

What are the highest and lowest recorded NADAC prices for TETRACAINE 0.5% EYE DROP?

Since Apr 17, 2024, the NADAC for TETRACAINE 0.5% EYE DROP has ranged from a low of $4.3022 (Jul 17, 2024) to a high of $5.2387 (Nov 13, 2024), with a median of $4.7519 per ML.

Are there cheaper alternatives to TETRACAINE 0.5% EYE DROP?

Yes. 2 manufacturers publish a NADAC-priced product with the same active ingredient and strength in a comparable dosage form. The lowest-priced option, TETRACAINE 0.5% EYE DROP, is $4.1673 per ML — about 13% below TETRACAINE 0.5% EYE DROP.

Who manufactures TETRACAINE 0.5% EYE DROP?

TETRACAINE 0.5% EYE DROP (NDC 68682092005) is labeled by Oceanside Pharmaceuticals, and CMS classifies it as a generic product.