Product Information
METFORMIN HCL 500 MG TABLET is a generic product labeled by Granules Pharmaceuticals Inc., priced at $0.0140 per EA under NDC 70010006301. Its NADAC has been published 307 times since Aug 12, 2020.
Strength
500 mg/1
Manufacturer
Granules Pharmaceuticals Inc.NDC
70010006301
Classification
Generic
Dosage Form
TABLET
Route
ORAL
Last Updated
6/17/2026
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA090564On Market Since
6/26/2019
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL 500 MG TABLET has been published 307 times since Aug 12, 2020, and over the history we have for it it has declined 15.0%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0140 per EA |
|---|---|
| All-time high | $0.0177 (Nov 16, 2022) |
| All-time low | $0.0123 (Nov 20, 2024) |
| 52-week high | $0.0147 |
| 52-week low | $0.0139 |
| Median price | $0.0159 |
| Average price | $0.0154 |
| Largest weekly change | +20.4% (Jun 19, 2024) |
| Weeks tracked | 307 |
| Tracking since | Aug 12, 2020 |
Generic Alternatives
The matcher finds 21 NADAC-published products sharing this drug's active ingredient, strength, and dosage form across 10 manufacturers (up to 10 shown below). None of the shown alternatives sit below the current price. 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 HCL 500 MG TABLET?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL 500 MG TABLET, manufactured by Granules Pharmaceuticals Inc., is $0.0140 per EA (NDC 70010006301), effective Jun 24, 2026.
How has the price of METFORMIN HCL 500 MG TABLET changed over time?
Over the history we have for it, the NADAC for METFORMIN HCL 500 MG TABLET has declined 15.0%. It has been tracked across 307 weekly CMS publications since Aug 12, 2020.
What are the highest and lowest recorded NADAC prices for METFORMIN HCL 500 MG TABLET?
Since Aug 12, 2020, the NADAC for METFORMIN HCL 500 MG TABLET has ranged from a low of $0.0123 (Nov 20, 2024) to a high of $0.0177 (Nov 16, 2022), with a median of $0.0159 per EA.
Are there cheaper alternatives to METFORMIN HCL 500 MG TABLET?
21 NADAC-published products share the same active ingredient, strength, and dosage form as METFORMIN HCL 500 MG TABLET, but none are currently priced below it.
Who manufactures METFORMIN HCL 500 MG TABLET?
METFORMIN HCL 500 MG TABLET (NDC 70010006301) is labeled by Granules Pharmaceuticals Inc., and CMS classifies it as a generic product.
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