Product Information
TETRACAINE 0.5% EYE DROP is a generic product labeled by Somerset Therapeutics, LLC, priced at $4.3298 per ML under NDC 70069059601. Its NADAC has been published 54 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.
Strength
5 mg/mL
Manufacturer
Somerset Therapeutics, LLCNDC
70069059601
Classification
Generic
Dosage Form
SOLUTION
Route
OPHTHALMIC
Effective Date
9/23/2026
Active Ingredients
TETRACAINE HYDROCHLORIDEApproval Type
Generic (ANDA)
FDA Application
ANDA217227FDA Approved
12/20/2024
TE Code
AB1
On Market Since
12/23/2024
Pharmacological Classes
Price Statistics
The NADAC for TETRACAINE 0.5% EYE DROP has been published 54 times since Sep 24, 2025, and over the history we have for it it has declined 9.1%. The table below summarizes its recorded NADAC range and movement.
| Current price | $4.3298 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 | $4.3693 |
| Average price | $4.4592 |
| Largest weekly change | -10.1% (Mar 18, 2026) |
| Weeks tracked | 54 |
| Tracking since | Sep 24, 2025 |
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.
Related Drugs
Same classification
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Manufacturer
Somerset Therapeutics, LLC manufacturer profile
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Drug market
Tetracaine Hydrochloride market comparison
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Therapeutic class
Ester Local Anesthetic class view
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Trend hub
Latest market trends
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Guide
Understanding NADAC pricing
Use the explainer when you need context on how CMS publishes NADAC and how to interpret the number on this page.
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 $4.3298 per ML (NDC 70069059601), effective Sep 30, 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 9.1%. It has been tracked across 54 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 $4.3693 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.