Product Information

METFORMIN HCL 1,000 MG TABLET is a generic product labeled by Granules Pharmaceuticals Inc., priced at $0.0231 per EA under NDC 70010006599. Its NADAC has been published 111 times since Jul 10, 2024.

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
$0.0231per EA

Strength

1000 mg/1

NDC

70010006599

Classification

Generic

Dosage Form

TABLET

Route

ORAL

Effective Date

8/19/2026

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 111 times since Jul 10, 2024, and over the history we have for it it has held within roughly two percent of its current level. The table below summarizes its recorded NADAC range and movement.

Current price$0.0231 per EA
All-time high$0.0251 (Oct 16, 2024)
All-time low$0.0192 (Jul 17, 2024)
52-week high$0.0249
52-week low$0.0231
Median price$0.0240
Average price$0.0236
Largest weekly change+29.1% (Aug 21, 2024)
Weeks tracked111
Tracking sinceJul 10, 2024

Price History

1W

-1.1%

1M

-2.2%

3M

-5.9%

6M

-3.1%

1Y

-3.8%

3Y

N/A

5Y

N/A

All

-1.9%

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). 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 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 $0.0231 per EA (NDC 70010006599), effective Aug 19, 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 held within roughly two percent of its current level. It has been tracked across 111 weekly CMS publications since Jul 10, 2024.

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

Since Jul 10, 2024, the NADAC for METFORMIN HCL 1,000 MG TABLET has ranged from a low of $0.0192 (Jul 17, 2024) to a high of $0.0251 (Oct 16, 2024), with a median of $0.0240 per EA.

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

16 manufacturers publish a NADAC-priced product with the same active ingredient and strength as METFORMIN HCL 1,000 MG TABLET in a comparable dosage form, but none are currently priced below it.

Who manufactures METFORMIN HCL 1,000 MG TABLET?

METFORMIN HCL 1,000 MG TABLET (NDC 70010006599) is labeled by Granules Pharmaceuticals Inc., and CMS classifies it as a generic product.