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Product Information

TETRACAINE 0.5% EYE DROP is a generic product labeled by Somerset Therapeutics, LLC, priced at $4.1673 per ML under NDC 70069059601. Its NADAC has been published 48 times since Sep 24, 2025.

FDA first approved this application on Dec 20, 2024. 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
$4.1673per ML

Strength

5 mg/mL

NDC

70069059601

Classification

Generic

Dosage Form

SOLUTION

Route

OPHTHALMIC

Effective Date

8/19/2026

Active Ingredients

TETRACAINE HYDROCHLORIDE

Approval Type

Generic (ANDA)

FDA Application

ANDA217227

FDA Approved

12/20/2024

TE Code

AB1

On Market Since

12/23/2024

Pharmacological Classes

Ester Local Anesthetic
Esters
Local Anesthesia

Price Statistics

The NADAC for TETRACAINE 0.5% EYE DROP has been published 48 times since Sep 24, 2025, and over the history we have for it it has declined 12.5%. The table below summarizes its recorded NADAC range and movement.

Current price$4.1673 per ML
All-time high$4.8624 (Mar 11, 2026)
All-time low$3.9931 (Jun 17, 2026)
52-week high$4.8624
52-week low$3.9931
Median price$4.7542
Average price$4.4889
Largest weekly change-10.1% (Mar 18, 2026)
Weeks tracked48
Tracking sinceSep 24, 2025

Price History

1W

+3.6%

1M

+3.6%

3M

+2.3%

6M

-14.3%

1Y

N/A

3Y

N/A

5Y

N/A

All

-12.5%

Generic Alternatives

The matcher finds 1 manufacturer 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.

Lowest-Cost Alternatives

1 alternative • Same active ingredient

TETRACAINE 0.5% EYE DROP
Generic
70069059701•Somerset Therapeutics, LLC
$5.0428
+21% more

Related Drugs

Same classification

BURN RELIEF 0.5% SPRAY
Generic
70000062401•Cardinal Health
$0.0276
per GM
BURN RELIEF 0.5% SPRAY
Generic
46122055528•AmerisourceBergen
$0.0280
per GM
BUPIVACAINE 0.25% VIAL
Generic
70069075201•Somerset Therapeutics, LLC
$0.0479
per ML
BUPIVACAINE 0.25% VIAL
Generic
70594011601•Xellia Pharmaceuticals USA LLC
$0.0479
per ML
BUPIVACAINE 0.25% VIAL
Generic
71288072352•Meitheal Pharmaceuticals Inc.
$0.0479
per ML
GNP LIDOCAINE HCL 4% CREAM
Generic
46122061410•AmerisourceBergen
$0.0517
per GM
LIDOCAINE HCL 4% CREAM
Generic
70000009801•Cardinal Health
$0.0517
per GM
LIDOCAINE HCL 1% VIAL
Generic
00409427602•Hospira Inc.
$0.0542
per ML
LIDOCAINE HCL 2% VIAL
Generic
00409427702•Hospira Inc.
$0.0569
per ML
LIDOCAINE HCL 1% 300 MG/30 ML
Generic
55150016300•Eugia US LLC
$0.0674
per ML

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 Somerset Therapeutics, LLC, is $4.1673 per ML (NDC 70069059601), effective Aug 19, 2026.

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 declined 12.5%. It has been tracked across 48 weekly CMS publications since Sep 24, 2025.

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

Since Sep 24, 2025, the NADAC for TETRACAINE 0.5% EYE DROP has ranged from a low of $3.9931 (Jun 17, 2026) to a high of $4.8624 (Mar 11, 2026), with a median of $4.7542 per ML.

Are there cheaper alternatives to TETRACAINE 0.5% EYE DROP?

1 manufacturer publishes a NADAC-priced product with the same active ingredient and strength as TETRACAINE 0.5% EYE DROP in a comparable dosage form, but none are currently priced below it.

Who manufactures TETRACAINE 0.5% EYE DROP?

TETRACAINE 0.5% EYE DROP (NDC 70069059601) is labeled by Somerset Therapeutics, LLC, and CMS classifies it as a generic product.