Product Information

METFORMIN HCL 1,000 MG TABLET is a generic product labeled by Granules Pharmaceuticals Inc., priced at $0.0232 per EA under NDC 70010006509. Its NADAC has been published 273 times since Jul 14, 2021.

FDA first approved this application on Apr 22, 2010. Its Orange Book therapeutic-equivalence code is AB — FDA rates it therapeutically equivalent to (substitutable for) its reference product.

METFORMIN HCL 1,000 MG TABLET

Metformin Hydrochloride
$0.0232per EA

Strength

1000 mg/1

NDC

70010006509

Classification

Generic

Dosage Form

TABLET

Route

ORAL

Effective Date

9/23/2026

Active Ingredients

METFORMIN HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA090564

FDA Approved

4/22/2010

TE Code

AB

On Market Since

6/26/2019

Pharmacological Classes

Biguanide
Biguanides

Price Statistics

The NADAC for METFORMIN HCL 1,000 MG TABLET has been published 273 times since Jul 14, 2021, and over the history we have for it it has declined 16.8%. The table below summarizes its recorded NADAC range and movement.

Current price$0.0232 per EA
All-time high$0.0278 (Jul 14, 2021)
All-time low$0.0191 (May 22, 2024)
52-week high$0.0249
52-week low$0.0231
Median price$0.0249
Average price$0.0247
Largest weekly change+29.1% (Aug 21, 2024)
Weeks tracked273
Tracking sinceJul 14, 2021

Price History

1W

0.0%

1M

+0.1%

3M

-2.2%

6M

-5.8%

1Y

-2.1%

3Y

-14.0%

5Y

-10.4%

All

-16.8%

Generic Alternatives

The matcher finds 16 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 0% at current NADAC. These are candidates to verify clinically, not guaranteed substitutes — see our generic drug prices guide.

Continue researching this drug

Use these direct paths to move from a single NDC into the surrounding market, manufacturer, class, and trend context.

Frequently asked questions

What is the NADAC price of METFORMIN HCL 1,000 MG TABLET?

The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL 1,000 MG TABLET, manufactured by Granules Pharmaceuticals Inc., is $0.0232 per EA (NDC 70010006509), effective Sep 30, 2026.

How has the price of METFORMIN HCL 1,000 MG TABLET changed over time?

Over the history we have for it, the NADAC for METFORMIN HCL 1,000 MG TABLET has declined 16.8%. It has been tracked across 273 weekly CMS publications since Jul 14, 2021.

What are the highest and lowest recorded NADAC prices for METFORMIN HCL 1,000 MG TABLET?

Since Jul 14, 2021, the NADAC for METFORMIN HCL 1,000 MG TABLET has ranged from a low of $0.0191 (May 22, 2024) to a high of $0.0278 (Jul 14, 2021), with a median of $0.0249 per EA.

Are there cheaper alternatives to METFORMIN HCL 1,000 MG TABLET?

Yes. 16 manufacturers publish a NADAC-priced product with the same active ingredient and strength in a comparable dosage form. The lowest-priced option, METFORMIN HCL 1,000 MG TABLET, is $0.0231 per EA — about 0% below METFORMIN HCL 1,000 MG TABLET.

Who manufactures METFORMIN HCL 1,000 MG TABLET?

METFORMIN HCL 1,000 MG TABLET (NDC 70010006509) is labeled by Granules Pharmaceuticals Inc., and CMS classifies it as a generic product.