Product Information
METFORMIN HCL ER 500 MG TABLET is a generic product labeled by Granules Pharmaceuticals Inc., priced at $0.0298 per EA under NDC 70010049109. Its NADAC has been published 246 times since Oct 13, 2021.
Strength
500 mg/1
Manufacturer
Granules Pharmaceuticals Inc.NDC
70010049109
Classification
Generic
Dosage Form
TABLET, EXTENDED RELEASE
Route
ORAL
Last Updated
6/17/2026
Active Ingredients
METFORMIN HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA209313On Market Since
7/31/2018
Pharmacological Classes
Price Statistics
The NADAC for METFORMIN HCL ER 500 MG TABLET has been published 246 times since Oct 13, 2021, and over the history we have for it it has declined 18.2%. The table below summarizes its recorded NADAC range and movement.
| Current price | $0.0298 per EA |
|---|---|
| All-time high | $0.0445 (Nov 16, 2022) |
| All-time low | $0.0238 (Nov 20, 2024) |
| 52-week high | $0.0299 |
| 52-week low | $0.0290 |
| Median price | $0.0314 |
| Average price | $0.0325 |
| Largest weekly change | +29.1% (Feb 22, 2023) |
| Weeks tracked | 246 |
| Tracking since | Oct 13, 2021 |
Generic Alternatives
The matcher finds 3 NADAC-published products sharing this drug's active ingredient, strength, and dosage form across 3 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 ER 500 MG TABLET?
The current National Average Drug Acquisition Cost (NADAC) for METFORMIN HCL ER 500 MG TABLET, manufactured by Granules Pharmaceuticals Inc., is $0.0298 per EA (NDC 70010049109), effective Jun 24, 2026.
How has the price of METFORMIN HCL ER 500 MG TABLET changed over time?
Over the history we have for it, the NADAC for METFORMIN HCL ER 500 MG TABLET has declined 18.2%. It has been tracked across 246 weekly CMS publications since Oct 13, 2021.
What are the highest and lowest recorded NADAC prices for METFORMIN HCL ER 500 MG TABLET?
Since Oct 13, 2021, the NADAC for METFORMIN HCL ER 500 MG TABLET has ranged from a low of $0.0238 (Nov 20, 2024) to a high of $0.0445 (Nov 16, 2022), with a median of $0.0314 per EA.
Are there cheaper alternatives to METFORMIN HCL ER 500 MG TABLET?
3 NADAC-published products share the same active ingredient, strength, and dosage form as METFORMIN HCL ER 500 MG TABLET, but none are currently priced below it.
Who manufactures METFORMIN HCL ER 500 MG TABLET?
METFORMIN HCL ER 500 MG TABLET (NDC 70010049109) is labeled by Granules Pharmaceuticals Inc., and CMS classifies it as a generic product.
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